The students from Master in Finance at the University of Vaasa got the second place in the regional CFA Research Challenge

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The team of the University of Vaasa got to the local final of the 2024-25 CFA Institute Research Challenge. The CFA Institute Research Challenge gathers students, investment industry professionals, publicly traded companies, and corporate sponsors together locally, regionally, and globally for an annual competition.

The team of finalists consists of students from Master’s Degree Programme in Finance of the University of Vaasa – Jaakko Oikari, Niklas Ruusunen, Martina Badidová and Andrii Nadtochii

The team members presented their analysis and buy/sell/hold recommendation on Kempower company to a panel of distinguished judges from the investment community.  The judges for the competition were Anne Brusila, eQ Asset Management, Antti Raappana, CFA, S-Pankki, Vesa Syrjäläinen, CFA, Varma, and Kari Vatanen, CFA, FRM, Elo. After much contemplation the judges reached a decision, and Aalto University was crowned as this year’s local winner. The University of Vaasa CFA Team placed second in the competition, losing to Aalto University by just one point.

The analysis report and finals presentation was the culmination of months of comprehensive research on the company (Kempower Oyj) and market, interviews with company management, as well as presentation training. All participating teams received hands-on mentoring, and intensive training in financial analysis and professional ethics delivered through the CFA Institute network, their faculty advisor, and a dedicated industry mentor. The academic advisor of the team from the University of Vaasa was University Teacher with extensive experience in finance industry, John Kihn.

– Participating in the CFA Research Challenge was an incredible journey that challenged us both professionally and academically. We strongly encourage University of Vaasa finance students to take on this challenge in upcoming academic years. These type of opportunities and experiences will add value to your overall university journey and can be beneficial for you even after graduation, students in the team say.

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