Instituto de Empresa Business School

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Students from IE Business School's Master in Finance win the 4th CFA Global Investment Research Challenge


Madrid, March, 2009. A team of students from IE Business School's Master in Finance have won 1st prize in the 4th edition of the CFA Institute´s Global Investment Research Challenge organized in Spain in collaboration with Bolsas y Mercados Españoles and Spanish business daily El Economista.

The members of the winning team were Jonas Aita (Germany), Sebastian Mentzen (Germany),  Andrés Dobles (Costa Rica), Naz Okten (Turkey) and Sakhee Joisher (UK), who analyzed the stock market value of Spanish television channel Antena 3 TV and made investment recommendations before a panel comprised of directors from the CFA Institute, Bolsas y Mercados Españoles, and El Economista. The IE Business School team will be competing in the European phase of the competition on April 2 in London, the winners of which will be participating in the worldwide final of the Challenge on April 3.

Ignacio de la Torre, Director de los Masters in Finance de IE Business School sees participation in a competition like CFA Spain as an extremely positive experience for IE’s students. “This year they were required to gauge the stock market value of Antena 3 TV. They prepared their report and value model and presented them to a panel of expert analysts, facing challenges similar to those they will encounter in the financial world after they graduate. Now comes the next phase, in which we will be competing against a team from London Business School for the European title”.

IE Business School’s Master in Finance is aimed at young professionals with a markedly international profile who want to pursue a career in firms operating in fields related to venture capital, financial markets, investment management, finance consulting and auditing, or in public finance, the world of corporate finance, or as an independent financial adviser.  IE’s Master in Finance is a ten-month program taught in English which equips participants with a deep knowledge of management in the field of finance.  Students also prepare the first Chartered Financial Advisor (CFA®) exam, the most renowned international qualification for financial analysts.

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