Institute of Business Management (IoBM) has won the 2011-2012 CFA local competition by securing the top position, followed by Lahore School of Economics with 2nd position and Fast School of Business 3rd Position. In the last two competitions IoBM teams were runners up. The competition was held at Avari Hotel recently in which the participating teams made presentations on their equity valuation reports before a panel of judges and later answered questions from the panel members. The company assigned for the competition was Engro Foods. According to IoBM Public Affairs Section, IoBM, the winning of the national CFA competition, will now proceed to Hong Kong for participation in the regional competition and winners of the regional competitions will compete in the global finals in New York in April, 2012.
The following 10 teams registered for the competition: Institute of Business administration (IBA), Shaheed Zulfiqar Ali Bhutto Institute of Science and Technology (SZABIST), Greenwich University, Iqra University, Institute of Business Management (IoBM), PAF KIET, BIZTEK, National University of Science and Technology (NUST), Lahore School of Economics, FAST school of business FAST-NUCES. However, eight teams actually participated, as IQRA and BIZTEK teams were not present. IoBM’s team comprised Ahmed Mushtaq – MBA FRM 1st Semester, Ali Raza – MBA Finance Last Semester, Roma Ramani – BBA Hons 7th Semester, Sana Shaikh – MBA (Finance & Risk Management) Last Semester Fawad Khan, CFA and Research Analyst at KASB Securities was Industry Mentor of IoBM while Shazia Farooq and Jamal Zubairi acted as faculty advisers.
