Logistics and Rules

Logistics

  1. In 2017, twelve teams (three first year MBAs per team) will participate in the MBA Stock Pitch Challenge. On Tuesday, October 31, teams will be assigned their stocks in the morning and pitches are due twelve hours later on Tuesday night. Wednesday, November 1 marks the day of arrival in NYC in time for a reception and dinner at the India House, Thursday, November 2, marks the day of presentations and Friday will be set aside for invited students to interview with sponsoring firms.
  2. Preliminary rounds will consist of two pools of presenters and judges. Judges, will consist of distinguished investment professionals from the buy/sell side.
  3. Through the generosity of our event sponsors, the MBA SPC will provide accommodations and meals to the three competing students (only) for each team (2 rooms per school, 2 to a room, one night’s stay on Wednesday night). Teams are responsible for their own transportation to and from New York City. 
  4. Software training will be conducted via webinar ahead of the event
  5. On Tuesday morning at 9 a.m., organizers will email the teams assigning one common stock and two industries to the participating teams. They will also provide them with a list of the eligible set of stocks in each of the two industries.
  6. Teams must decide whether to present a long (buy), neutral (hold), or a short (sell) recommendation on the common stock.
  7. For each of the two assigned industries, students will be asked to choose a company that they will pitch as either a long, neutral, or short candidate.
  8. Teams will have 12 hours to complete their assignments. All assignments are due by 9 p.m. on Tuesday night.
  9. All teams will present their recommendations on the common stock and on one industry-specific stock in the preliminary rounds on Thursday morning. (See details on presentation rules below). The two highest scoring teams from each group in the preliminary round will advance to the final round on Thursday afternoon. Participants are required to wear business attire for their presentations.
  10. Students who are invited for interviews on Friday will need to extend their stay in New York City either at the Doubletree Hilton or a venue of their choosing on Thursday night. Cornell will only cover the cost of Wednesday night.
  11. Students will be on the honor system throughout the event (see below).
  12. Judges will announce their finalist decisions at the luncheon. Presentation of awards will be made at the afternoon reception.
  13. Press coverage of the MBA Stock Pitch Challenge is sought, and it is possible that reporters will be in the rooms during the competition. A press release on the results of the event will be dispatched by the S.C. Johnson College of Business at Cornell. There are, of course, no guarantees that the media will report on the event.

Honor System

  1. No outside help will be allowed from anyone (i.e., no phone calls, e-mails etc.). Consultants from the software companies will be available in the initial stages of the day for brief questions specific to the use of their software.
  2. All data sources are fair game, including the Internet and any proprietary quantitative or fundamental models developed in advance. However, proper attribution must be provided (i.e., sources must be clearly marked on each slide).
  3. Any violation of these rules constitutes grounds for disqualification.

The Presentation

  1. All teams must put their stock pitch Powerpoint presentation on a pre-designed template provided by the MBA Stock Pitch Challenge organizers.
  2. Teams make their presentations anonymously, using a team number (assigned in a random drawing) and their first and last names - not the name of their schools.
  3. A total of 15 minutes will be allotted per team pitch. Ten minutes will be used for the formal presentation, five minutes for Q&A from the judges. These time limits will be strictly enforced by an official timekeeper.
  4. Every presentation must feature a "lead presenter" (a team member who makes the initial ten minute presentation). Each team member must serve as a lead presenter for one of the three stocks. All three team members can participate in answering the judges' questions in all rounds.
  5. Student teams competing will not be allowed to view the presentations of the other teams in the morning rounds. Non-finalist teams may stay and watch finalist teams present in the final round.
  6. Judges will be provided with a score sheet for the competition. In brief, the presentation will be judged on the basis of the quality of the analysis, presentation delivery, and the quality of the Q&A session.