Geetali Kumar shares his experience and thoughts on taking part in the 2009 CFA Competition.
Our team emerged second in the CFA University Investment Research Competition (UIRC). Held on 12 December 2009 in Singapore, nine teams pitted their skills and knowledge against teams from five other schools.
“Opulen Investments”, our team, comprising Geetali, Jaimin, Kapil and Kirti, wrote an investment report and presented recommendations on Wilmar Internationl Ltd. We wrote a comprehensive equity research report on the company and then pitched the stock to the eminent judges from GIC, CIMB-GK, Apollo Capital, Booz Allen Hamilton and Business Times.
Mr Kevin Gin from Pacific Star Group and Professor Lam Swee Sum guided us through the preparation stage, we then underwent Thomson Reuters training at their office and vocal training by Ms. Rebecca Low. The vocal training was a first for all of us; we learnt the methodologies for a better voice, pitch and tone. In addition to this, NUS also organized a meeting with Investor Relations at Wilmar’s office which was essential for us to make our recommendations.
Our first deadline was for the report – this was an all-nighter! Multiple cups of masala tea kept us awake, and the next day we had to submit our presentation. We went right to the wire by submitting exactly at the stipulated time limit.
After several sleepless nights, the day finally arrived. We were dressed in our best attire and had been preparing all night for the presentation. While Kapil and Geetali kept revising their speech for the presentation, Jaimin and Kirti kept thinking about answers to potential questions. We were excited and confident. Being the last team to present, we were hoping fatigue didn’t seep into the judges. We took the stage and it went just as planned. We thought the judges went easy on us in the Q&A round, or maybe we were well prepared! Kapil and Kirti were our in-house CPO (Crude Palm Oil) experts after several nights of researching on this interesting commodity.
We ended second, and were happy with the result (though not exhilarated)! We celebrated with a dinner at one of our favourite restaurants that night and bumped into another finalist team.
I would thoroughly recommend that others take part in these events. Overall, it was a great experience working together as a team, understanding our strengths and weaknesses and the learning that we will take back eternally.
Class of 2009