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UOWD wins 2nd place at the Global Investment Research Challenge

Monday, 14 February, 2011

A team of undergraduate students from the faculty of Finance and Accounting at UOWD, won the second place at the local level of the 5th Annual Global Investment Research Challenge, organized by the CFA institute.

The team was mentored by Dr. Alaa AlShawa, Assistant Professor, and comprised of Ahmed Abdur Rahman, Fatima Anwar Ali Furniturewala, Kanika Amar, Neha Choudhary and Sara Mukhtar. The final presentation was held on 7th February 2011 and involved four UAE based universities presenting their equity research findings on National Bank of Abu Dhabi (NBAD). The four participating Universities were American University in Dubai (AUD), UOWD, MAHE Manipal-Dubai and Middlesex University in Dubai.

The CFA Global IRC is an initiative in which leading industry professionals promote best practices in securities research to students from top area business schools. Over the course of the competition, university teams are mentored by analysts and portfolio managers in writing an equity research report on a publicly traded company. The local level competition concludes in a presentation of that research to a panel of investment industry experts, who select the best performance.