Elon among state finalists in CFA Institute Research Challenge

The Elon team comprised of seniors Welsford Bishopric, Matt Feldman, Peter Fox, Erica Green, Tayler Sirabella and J.D. Thomson was among the finalists in the local CFA Institute Research Challenge. Associate Professor of Finance Neeraj Gupta served as their faculty mentor.

Other finalists included undergraduate and MBA teams from the University of North Carolina at Wilmington, North Carolina State University and Appalachian State University. Teams that did not make the finals included undergraduate and/or graduate teams from Duke University, University of North Carolina at Chapel Hill and Wake Forest University.

The CFA Institute Research Challenge is an annual global competition that provides university students with hands-on mentoring and intensive training in financial analysis. Students gain real-world experience as they assume the role of a research analyst and are tested on their ability to value a stock, write an initiation-of-coverage report, and present their recommendations. This year, the students were tasked with analyzing Krispy Kreme Doughnuts, Inc. (NYSE:KKD), headquartered in Winston-Salem, N.C.

Elon has been a finalist in all four years participating in the challenge.