SJU Students Advance to NYC Investment Challenge

Friday, March 6, 2009

PHILADELPHIA (March 4, 2009) — Three undergraduate students from Saint Joseph’s University’s Erivan K. Haub School of Business have advanced to the Global Investment Research Challenge - Americas Regional competition to be held in New York City March 18-20.

Tanya Lal, Kevin Connors and Gulshani Samsudeen competed March 4 in the final round of the local competition, which was hosted by the CFA Society of Philadelphia. The University contended with undergraduate and graduate teams from Bryn Mawr College, Drexel University, Rutgers Camden, Temple University, the University of Pennsylvania, Villanova University, and Widener University.

"While we worked extremely hard and are proud of our performance, we recognize that it was truly a team effort and would not have been possible without the tremendous amount of support we received from our faculty mentor Dr.Tezel, and our mentor from the CFA society Peter Maher,” said Lal. “We also received feedback and support from other members of the finance faculty that helped set our presentation apart from the other contestants and resulted in our success."

"This is an incredible team,” commended Ahmet Tezel, Ph.D., an associate professor of finance who advises the students. “The group spent weeks entrenched in research –analyzing stock performance and evaluating market conditions. They deserve this accolade.”

The CFA Institute Investment Research Challenge offers students the unique opportunity to learn from leading industry experts and compete with peers from the world's top business schools. This annual educational initiative is designed to promote best practices in equity research among the next generation of analysts through hands-on mentoring and intensive training in company analysis and presentation skills.

Over the course of the competition, university teams, of three to five students, are mentored by industry professionals in writing an equity research report on a publicly traded company. The teams then present their findings to a distinguished panel of experts.

Four winners from the Americas, Asia Pacific and Europe/Middle East/Africa regions will compete in this year's global finale on April 2, 2009, in London.

Media Contact

Carolyn Steigleman, Associate Director of University Communications, 610-660-1355,

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