Pukyong National University

PKNU, winner of the CFA Institute research challenge Korea competition

- the team of Sung Chang-Wook, Kim Hee-Young, Jeong Woo-Jin, Kim Se-Woong, Han Seo-Joon qualified for asia-pacific championship

△ The winners. Sung Chang-Wook, Han Seo-Joon, Kim Se-Woong, Jeong Woo-Jin, and Kim Hee-Young from the right.

Pukyong National University (President Jang Young-Soo) announced that the team 'Challiance' from Pukyong National University won the finals of the '2023/24 CFA institute research challenge' of Korean competition.

The winning team (advisory, prof. Lee Yoo-Kyeong in business administration, mentor, Kim Yeon-Kook from CFA) members are Sung Chang-Wook (1-year master's student in interdisciplinary program of public service and finance), Kim Hee-Young (1-year master's student in interdisciplinary program of public service and finance), Jeong Woo-Jin (3-year student in business administration), Kim Se-Woong (1-year student in business administration), and Han Seo-Joon (1-year student in business administration).

They won the competition held at the SKY31 convention in Lotte world tower in Seoul on January 27th with the support of the DB Kim Jun-Ki cultural foundation, hosted by the CFA Korea association, and received a trophy and a CFA program scholarship.

The 'CFA institute research challenge', known as the 'Olympics of investment analysis', is a global investment analysis presentation competition held for university (graduate) students around the world. The winners are determined by adding up the evaluation scores of the reports on the analyzed items and the presentation scores, and this entire process is taken in English.

About 100 college (graduate) students in 23 teams from 17 universities participated in the Korean competition, which started in August last year and lasted for 6 months, and 6 teams including Pukyong National University, Kyunghee university, Dankook university, Seoul national university, Hanyang university, and Hongik university made it to the finals.

In this competition, which analyzes presented industries and companies and provides buy (sell) recommendations to investors, they were recognized for their outstanding expertise in stock analysis, in-depth research, modeling, and corporate analysis, as well as their excellent English presentation skills.

The student team from Pukyong National University, which won this year's Korean competition, will compete as Korea's representative in the asia-pacific (APAC) regional championship in March and compete against 26 teams. The top two teams that win this championship will compete against the top two teams from the Americas (AMERICAS) region and the Europe/Middle East/Africa (EMEA) region to determine the final winner. The global final competition is scheduled to be held in Warsaw, Poland in May this year.

"To prepare for the preliminaries that started in August and the finals in January, we practiced as a team for more than 10 hours every day. Through this corporate analysis, I was able to utilize the general knowledge about management and finance that I had learned through undergraduate and master's courses, as well as acquire knowledge that could be applied to actual work by analyzing (valuing) the value of a company. At the same time, I believe that my increased understanding of management and the financial industry will be of great help in preparing for future employment," Kim Hee-Young gave her impressions on receiving the award.

Kim Se-Woong said, "I was so worried at the first time because it was a new challenge to me, but I learned a lot during the preparation, led me to receive the award, I appreciate my team members and my professor supporting me. In the future, I would like to use this experience to work in planning, consulting, and IR positions."

Jeong Woo-Jin and Han Seo-Joon also shared their impressions, "We think it's great that the process of running day and night to win the award has borne good results. We learned a lot from this competition, and based on this valuable experience, we would like to try out for a job in management support/IR or the financial sector."

The CFA society Korea has been holding this competition every year since 2012, and past winning universities, in order of year, are Handong university, Sogang university (twice), Korea university (twice), Sungkyunkwan university (twice), Seoul national university, Hongik university (twice), and Dankook university. <Pukyong Today>