MBA Stock Pitch Challenge Tests MBAs' Mettle
10/30/2012 2:55:00 PM
Johnson welcomes 15 teams from top U.S. and international business schools to the 11th annual competition
The Samuel Curtis Johnson Graduate School of Management is hosting its 11th annual MBA Stock Pitch Challenge, November 1 and November 2, 2012. The event challenges teams of finance students from leading MBA programs to present and defend stock recommendations before a panel of industry experts. Lead sponsors for the event are Fidelity Investments and Jack M. Ferraro, ’70.
Each team, consisting of three students, will compete in two tasks: deciding whether to present a long (buy), neutral (hold), or short (sell) position on an assigned common stock; and choosing a stock to either buy, hold, or sell, within two assigned industries. The teams’ stock pitches will then be evaluated by eight judges, including directors, managers, and analysts at several investment management companies, including Fidelity Investments and T. Rowe Price Associates, Inc.
“The MBA Stock Pitch Challenge is a great opportunity for students to test their stock picking skills and benchmark their performance against their peers from top MBA programs from around the country,” said Lakshmi Bhojraj, the Breazzano Family Executive Director of the Parker Center for Investment Research, which coordinates the contest. “It is also a great learning and networking opportunity for students to meet with top investment managers and recruiters from sponsoring firms.”
The MBA Stock Pitch Challenge will unfold over two days, with research taking place on November 1, and presentations and judging taking place on November 2. The event includes a keynote speech from Lawrence D. Rakers, a portfolio manager at Fidelity Investments, in charge of the firm’s VIP: Balanced Portfolio, Fidelity Dividend Growth Fund and Fidelity Advisor Dividend Growth Fund. Student competitors will also enjoy a meet-and-greet with fellow students and an opportunity to interact with recruiters.
With this event and others like the pioneering Women in Investing conference, Johnson continues to lead the way in innovative programming for MBAs in investment management,” Bhojraj said.
MBA teams from 15 schools will compete this year. In addition to Johnson team, the Parker Center welcomes teams from University of California, Berkeley – Haas School of Business; University of California, Los Angeles – Anderson School of Management; Carnegie Mellon University – Tepper School of Business; University of Chicago – Booth School of Business; Columbia – Graduate School of Business; Dartmouth – Tuck School of Business; Duke University – Fuqua School of Business; INSEAD; University of Western Ontario – Richard Ivey School of Business; University of Michigan – Stephen M. Ross School of Business; Massachusetts Institute of Technology – Sloan School of Management; New York University – Leonard N. Stern School of Business; Northwestern University – Kellogg School of Management; and University of Pennsylvania – The Wharton School.