FTU wins country finals of CFA Institute Research Challenge Vietnam 2017-2018

14:07 | 18/12/2017
Foreign Trade University­–Ho Chi Minh City Campus has shown an outstanding performance surpassing three other strong teams at the local finale of CFA Institute Research Challenge 2017-2018 and became the Vietnamese representatives in the Asia-Pacific Regional Finals next April.

In the finals, the four competing teams from the Academy of Finance, Foreign Trade University-Hanoi, Foreign Trade University-Ho Chi Minh City, and International University-Vietnam National University Ho Chi Minh City have presented their analysis and proposed investment recommendations on the subject company VietJet Aviation JSC (HSX: VJC) to the Judging Panel consisting of leading financial and investment experts from prestigious investment funds and large financial institutions.

FTU wins country finals of CFA Institute Research Challenge Vietnam 2017-2018
The winning team of CFA Institute Research Challenge Vietnam 2017- 2018  from Foreign Trade University-Ho Chi Minh City Campus

With a convincing presentation and confidently overcoming all challenging questions from the judges, Foreign Trade University-Ho Chi Minh City Campus has earned the highest score and became the champion of CFA Institute Research Challenge Vietnam 2017-2018, finishing before 14 participating teams.

Sharing the victorious moment with CFA Community Vietnam, Le Anh Trung, a team member of the winning team, said: “I am at a loss for words that could explain our feelings right now. But, we will be confident and try our best to represent Vietnam in the upcoming regional competition in Malaysia next April.”

The winning team will represent Vietnam at the Asia-Pacific regional round which will be held in Kuala Lumpur, Malaysia on April 25-26, 2018.

CFA Institute Research Challenge is an annual global competition that offers students a unique opportunity to learn from leading industry experts and compete with peers from the world’s top finance programmes.

This annual educational initiative promotes best practices in equity research among the next generation of analysts through hands-on mentoring and intensive training in company analysis and presentation skills.

The challenge gathers students, investment industry professionals, publicly-traded companies, and corporate sponsors locally, regionally, and globally for a real world competition. Additionally, all participants are introduced to and held to the standard of the CFA Institute Code of Ethics and Standards of Professional Conduct.​

Last night, CFA Community Vietnam—the local chapter of CFA Institute, the global association of investment professionals that promotes the highest standards of ethics, education, and professional excellence in the finance industry—hosted its 9th Annual Charter Award Ceremony at Pullman Saigon Centre Hotel.

At the event, 35 new candidates received their CFA charters from Nguyen Doan Hung, Nguyen Thanh Long, and McLean Colin, MBA, FSIP, FCSI, FIA, a member of CFA Institute Board of Governors, in the presence of more than 100 guests and members of the Vietnamese high society.

FTU wins country finals of CFA Institute Research Challenge Vietnam 2017-2018
The 35 new CFA charter holders at CFA Charter Recognition Vietnam 2017

Congratulating the new charter holders, Nguyen Thanh Long, chairman of the Hanoi Stock Exchange, said: “The CFA certification is not just any certificate, it is the highest commitment to ethics, professionalism, and professionalism. I would like to convey my greatest congratulations to all members of CFA Institute gathered here. Hopefully, with this certificate, you will contribute to the development of the country's finances.”

The representative of CFA Institute, Colin, founder and CEO of SVM Asset Management, an independent Edinburgh-based fund management group specialising in the UK, European & Global equities, congratulated the new charter holders: “By earning the CFA charter, you also align yourself with the mission of CFA Institute—to lead the investment profession by promoting the highest standards of ethics, education, and professional excellence for the ultimate benefit of society. The key phrase here is “for the ultimate benefit of society.” This means that you not only dedicate yourself to the best outcomes for your clients, you also work to serve a greater purpose and a better future for our profession and society.”

FTU wins country finals of CFA Institute Research Challenge Vietnam 2017-2018
The honourable guests (from left to right) McLean Colin, Nguyen Thanh Long, and Nguyen Doan Hung

Colin also talked about the CARE framework which focuses on: CAREER development, AFFILIATION or networking opportunities, RECOGNITION and brand awareness of the charter, and EDUCATION, specifically continuing professional development.

CFA Institute was designed to support members and candidates through continuous professional development, career activities, networking, and social events.

To earn the CFA designation, candidates must pass all three levels of the exam (successful candidates often report dedicating in excess of 300 hours of study per level); meet the work experience requirement of four years in the investment industry; sign a commitment to abide by the CFA Institute Code of Ethics and Standards of Professional Conduct; and become a member of CFA Institute.

RELATED CONTENTS:
Second Forecast Dinner hosted by the CFA community in Vietnam
Ho Chi Minh City Foreign Trade Univerity named winner of local CFA Institute Research Challenge in Vietnam
Foreign Trade University Ho Chi Minh City named winner of CFA Institute Research Challenge Vietnam Final
Foreign Trade University Ho Chi Minh City wins CFA Institute Research Challenge Vietnam Final

By By Ngoc Huyen

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