CFA Society Toronto has chosen four Ontario university teams as finalists for the annual CFA Institute Research Challenge, a global equity research competition among student teams from elite business and finance programs.

Student teams from four universities will present their research and analysis of the subject company, Canadian dollar store operator Dollarama, to a panel of financial industry professionals in Toronto on February 13.

The selected teams are from Queen’s School of Business, in Kingston, University of Toronto Scarborough, and University of Waterloo, and Wilfrid Laurier University, both in Waterloo.

The CFA Institute Research Challenge is an annual educational competition for students that allows participants to assume the role of investment research analysts. The competition offers participants the opportunity to develop and present an equity research report on a locally relevant company and compete on a global basis with peers from top business schools. Each team works with a CFA (Chartered Financial Analyst) charterholder who mentors the team during the research process and reviews and critiques its report.

The competition is designed to promote best practices in equity research among the next generation of analysts through hands-on mentoring and intensive training in company analysis and presentation skills.

“CFA Society Toronto’s commitment to education encompasses both current and future investment professionals. Participation in CFA Institute’s Research Challenge is an important step students can take leading them to future success,” says Peter Jarvis, executive director of CFA Society Toronto.

This year, more than 3,500 students and 650 universities in more than 55 countries will participate in local Challenge events, culminating in a global final in London in April 2013.