Jainik Mody to Compete in CFA Investment Challenge

2013 Sep 30

Jainik Mody, of Mumbai, will represent Penn State Erie, The Behrend College, in the 2014 Chartered Financial Analyst Institute Research Challenge. Team members will produce a detailed financial report and valuation of PPG Industries, a top global supplier of paints, coatings, optical products and glass, and will present their findings to a panel of high-profile financial analysts.

"Team members will conduct research, develop an equity valuation report and present their findings in a framework equivalent to an equity analyst," said Greg Filbeck, professor of finance and the Samuel P. Black III chair in finance and risk management at Penn State Behrend. He is serving as the team's adviser.

Mody, a senior, is studying finance at Penn State Behrend, a comprehensive residential college with more than 4,600 students.

Students from Carnegie Mellon University, Duquesne University, West Virginia University and the University of Pittsburgh also will compete in the local challenge, which will be held in Pittsburgh in March. The winners of that competition will advance to one of three regional events; from there, the top teams will meet in Bangkok for a final round of competition.

The Chartered Financial Analyst Institute started the global Research Challenge in 2006. Since then, nearly 10,000 students have participated in the competition, which is considered "the investment Olympics" for university students.