CFA Institute Research Challenge

The CFA Institute Research Challenge is an equity research competition among student teams from the world’s top university business and finance programs. Students write an equity research report on a publicly-traded company and present their findings to an expert panel. The teams are judged and a winner selected based on their written reports and presentations.  Throughout the competition, leading investment professionals volunteer as mentors and judges, and teach the students the best practices in equity research and corporate analysis

Source: CFA Society Switzerland

3 May 2023

At the final, the University of Sydney won the CFA Global Champion Award. There is no ranking for the rest of the teams.
Nevertheless, we are very proud of our team from the University of Neuchâtel! They did a terrific job! Only 6 teams participated in the final (among more than 1100+ universities that participated this year). Participating was already an incredible achievement. 

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Left to right: Dr Eelco Fiole, Tutkunaz Yapici, Sofiya Pugachyova and Prof. Carolina Salva

Source photo: CFA Insitute



13 April 2023

Our team is awarded the title of EMEA Regional Champion and has advanced to the Global Final which will take place in Washington DC on 3 May at the CFA Institute conference "Asset and Risk Allocation, Building Resilient Portfolios for the Future".

Congratulations to Firas, Tutkunaz and Sofiya.

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EMEA final bandeau.jpg

Source photo: CFA Society Switzerland


6 April 

Our team advanced to the EMEA Regional Final. The competion will take place on 13 April. 

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16 February

Four MScF students, representing the University of Neuchâtel, took part in the prestigious CFA Institute Research Challenge 2022/2023 in Switzerland Final in Zurich and came second. Congratulations for their outstanding performance!

Next step: EMEA Subregional Final.

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Left to right: Firas Yakhlef, Tutkunaz Yapici, Sofiya Pugachyova and Martin Grünenfelder

Source photo: CFA Society Switzerland

21 February 2019


Left to right: Sidita Hasa (Teaching Assistant), Antonius van Eersel, Polina Efremenko and Nikolay Pugachyov

Source photo: CFA Society Switzerland

22 February 2018

CFA 2018 Team UniNE 485x200.jpg

Left to right: Loïc Buri, Giulio Bertolini, Riccardo Mancini and Jeremy Rigolet

Source photo: Carole Fleischmann

23 February 2017

  • As of 2017, rankings are no longer disclosed

CFA 2017 Team UniNE

Left to right: Youssef Kallel, Mario Mihajlov, Yuliya Tsilyk, Gaurav Singh and Petr Nikiforov

Source photo: Carole Fleischmann

25 February 2016

  •  2nd Overall


Left to right: Mathias Gfeller, Nils Hodel, Quentin Jacot, Thibaut de Coulon and Dario Dias Nunes

Source photo: Carole Fleischmann

25 February 2015

  • 2nd for Presentation
  • 3rd for Report


Left to right: Damien Jaquet, Erwin Näscher, Thibaud Romet, Karine Patron and Adrien Voltolini

Source photo: Carole Fleischmann

26 February 2014

  • 1st for Best Presentation
  • 2nd Overall


Left to right: Alex Marc, Head of Equities, Merrill Lynch Switzerland, Anastasiia Medianovska, Johan Barbezat, David Wehrli, Lorena Zini and Prof. Peter Fiechter

Source photo: Carole Fleischmann