University Of The West Indies Wins Local Round Of Investment Competition

A team of undergraduate students and aspiring financial analysts from the University of the West Indies (UWI), Mona Campus, secured its place in the regional level of the CFA Institute Research Challenge, following a victory over teams of postgraduate students at the local Atlantic Finals in the Caribbean region.

This is the first time that Jamaica has been represented officially in the international challenge held annually, exposing university students to professional investment management, hands-on mentoring, and intensive training in the field.

Northern Caribbean University (NCU) has entered but at a time that predates the organisation of the Jamaica Association of Investment Professionals (JAIP), the official representative body of the CFA.

JAIP supported the entrance of teams from both the University of Technology and the UWI, Mona. The National Commercial Bank (NCB) sponsored the teams for the first round of competition at the University of Miami in Florida on March 3. The team was also mentored by NCB’s Jacqueline Delisser.

University Relations Chairperson for the JAIP Duane Barrett said that it is of great significance that Jamaica has made an official entrance and that results have been promising.

“Jamaica is once again shown in a positive light. The UWI team’s victory is particularly impressive because of the nature of the groups they went up against consisting mostly of post graduate students. These are people who would have some degree of experience in the business of investment management.”

Local-level competitions are organised and judged by member societies and volunteers of the CFA Institute, based in New York. Meanwhile, both the regional and global competitions are hosted by the institute itself. Read more

Source: Jamaica Gleaner

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