The inaugural India Challenge was held in April last year and was won
by Mumbaias Jamnalal Bajaj Institute of Management Studies with a
research done on New Delhi Television Ltd. Now in its second year, the India Challenge this year spanned eight months with 16 universities participating across the country. In the preliminary round, the competing teams were divided into groups of four under four zones a northern, western, southern, and eastern, with each zone assigned a publicly traded company to be researched upon. Over the course of the competition, students of the participating teams were mentored by analysts and portfolio managers in writing equity research reports on the assigned companies. In the preliminary round, the teams presented their research work to a panel of investment industry experts, who selected the final four.

The Jamnalal Bajaj Institute of Management Studies (JBIMS) – Mumbai team will represent India to compete with teams from China, Hong Kong, Indonesia, Japan, Korea, New Zealand, Pakistan, Philippines, Singapore, Sri Lanka, and Taiwan at the CFA Institute Asia Pacific Regional Investment Research Challenge in Singapore on March 07, 2009. The regional winner will then move on to compete in the CFA Institute Global Investment Research Challenge on April 02, 2009 in London.

aAs a fund manager myself, I read many research reports and I must say the quality of work done by the Jamnalal Bajaj Institute of Management Studies (JBIMS) – Mumbai team students is very much on par with what Iam seeing in the real world. This achievement is a testimony of their capabilities and will definitely serve them well as they enter the profession,a says Sunil B. Singhania, CFA, president of the India Association of Investment Professionals.

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