A team of four Capital University business students finished among the top four teams from schools across the region in the CFA (Chartered Financial Analysts) Research Challenge.
The Roberts Centre in Wilmington, Ohio, hosted the final four teams in February in the regional competition, which pitted Capital’s team against two from Ohio State University and one from Ohio University. The Capital team, composed of Matt Claborn, MBA candidate from London, Ohio; Nolan Gladieux, of Oregon, Ohio, and Logan Stout, of Circleville, Ohio, both Financial Economics majors; and Tanner Segro, a Business Management major from Chagrin Falls, Ohio, competed against undergraduate teams from OSU and OU, along with a graduate team from OSU. The graduate team finished first. The original field of 12 teams also represented University of Dayton, Xavier, Miami of Ohio and University of Cincinnati.
Team advisor Erick Zanner stressed how amazing the competition has been and encouraged all Capital business students to be aware of the opportunity for the next CFA Research Challenge.
“This is a global competition sponsored by the Chartered Financial Analyst Institute, the certification body for investment professionals, and it is a rigorous test of analysis skills, writing ability and decision making boiled down to a single, concise document,” Zanner explained. “It is an annual event, and Capital has placed in the ‘final four’ two of the past four years.”
In the CFA Research Challenge, teams are tasked with creating an in-depth financial analysis and report on a given publicly traded company. Investment professionals judge the reports for content, clarity and the merit of their conclusions. It takes a lot of hard work researching and preparing for this challenge, but team members say it has been a wonderful learning experience.
“Portions of the analysis were extremely technical and presented challenges at times,” Capital’s Nolan Gladieux said, “but we tackled these challenges and learned a great deal along the way.”
Team member Matt Claborn echoed this sentiment, citing the challenges they had in the beginning. “It was difficult to figure out exactly how to start, and it felt like there were a million things we needed to do all at once.”
But as the team gained experience and guidance and insight from its advisors, business professors Erick Zanner, Saurav Roychoudhury, and Ward Hill, and CFA industry mentor Stephen Stuckwisch, it found itself in a strong position to compete.
“The learning and networking from the competition has really been invaluable as far as how to listen to financial news and how to personally invest,” Claborn said.
Finance is a field that many students only think about in terms of taxes and bank accounts, but Claborn credits the importance of finance across disciplines, and the excellence of Capital’s CFA Research Challenge team stands as a testament to the burgeoning fields of economics, business, and finance. “Taking a few hours a week for one semester is a great investment no matter what you’re majoring in,” Claborn said.