Applied Investment Management team has great showing at CFA competition


April 16, 2012

The Marquette University Applied Investment Management team advanced to the semi-final round of the Americas Regional of the CFA Institute Research Challenge in New York, April 9-10, 2012. The team reached the Americas Regional competition after besting teams from Carroll University, Milwaukee School of Engineering, UW-La Crosse and UW-Milwaukee on Feb. 24 in the final presentations of a local competition, which was hosted by the CFA Society of Madison.

The AIM team, which comprised students Jacob Bear, Harrison Davis, Colleen Osborne, Bronson Wetsch and Alice Wycklendt, gave an oral presentation that summarized their research and recommendation of The Marcus Corporation (NYSE: MCS), a Milwaukee company operating movie theatres and hotels in the Midwest.

The team’s research and conclusions were based on interactions with senior executives at Marcus, investment thesis and risks analysis, financial modeling, valuation, comparable benchmarking and scenario creation. All participants were introduced and held to the CFA Institute Code of Ethics and Standards of Professional Conduct.

The CFA Research Challenge competition is an educational initiative that was established to promote best practice in research among the next generation of financial analysts, and to provide students with an insight into the investment industry.