Global Investment Research Challenge (GIRC) to be organised for the first time by CFA Society of Poland, local CFA society. This opportunity presents itself for all: students, investment and finance professionals, companies, sponsors and many involved.
Locally, GIRC kicked off in Wrocław on 14/12/2009 by gathering groups of 3-5 students each from reputable Universities located in Katowice, Kraków, Poznań, Szczecin and Wrocław on the presentation of the company: AmRest Holdings SE as a topic of further analysis. Teams are competing in order to succeed as the best local one and proceed to regional stage of GIRC by submitting excelling final report and providing thorough presentation. Quality of the final report that is produced on the way of detailed and analytical study of the company in question together with outstanding presentation can guarantee excellent results. The evaluation of the students’ output is subject to equal weight of 50% assigned to the report and the presentation, marked by graders and panelists, respectively. On top of that, there is cooperation between the company representative, assigned mentors, CFA Society of Poland and students based on several meetings and interesting discussions. But most significant is the GIRC’s participants examination of the company along with ethical decision making reinforced by professionals, growing of the local talent by the company and reaching greater market scope by sponsors. Achievement of final stage by a team contributes to promotion of a particular University, as well.
GIRC is an excellent opportunity for students to acquaint themselves with professional skills of writing reports, presentation, networking just to mention a few. In addition, this is a very stimulating learning experience in terms of equity analysis and interactions with professionals within the industry. Most importantly, GIRC is not only a competition but very effective way for setting global standards in finance and investment practice starting from the future generation of financial professionals.
As of 24/02/2010 when the final stage of GIRC was held at Warsaw Stock Exchange, the sequence of achievements in GIRC by Universities is, as follows:
1. Wrocław University of Economics
2. Cracow University of Economics
3. University of Szczecin
4. Katowice Academy of Economics
5. Poznań University of Economics
with Wrocław University of Economics taking part in EMEA, regional stage of GIRC.