CFA INSTITUTE RESEARCH CHALLENGE

INTRODUCTION
Vietnam National Round, 2021 – 2022

Vietnam, September 2021

Table of contents

1 CFA Institute

Vietnam Community of Investment Professionals

2
- A CFA Society in formation

3 CFA Institute Research Challenge

4 Why participate?
1. CFA Institute
CFA Institute
#1 global association of investment professionals

► A premier and the largest global association of investment professionals with 164,000+ members and
150+ societies in 140+ countries and territories

► The champion of ethical behavior in investment markets and respected source of knowledge in the global
financial community

► Commit to develop future professionals, deliver member value and build market integrity

Society locations by regions Selected CFA® charterholders’ employers

Source CFA Institute’s Annual report Source CFA Institute’s Annual report
2. Vietnam Community of Investment Professionals
- A CFA Society in formation
Vietnam Community of Investment Professionals
- A CFA Society in formation
Bridging members in Vietnam with CFA Institute’s global network
Over 10-year development milestone record One of the largest investment professional
networks in Vietnam
2020
1st forecast dinner in 260+ 1,600+ CFA exam
2018 Hanoi
members candidates
1st exclusive member
networking events
2016
Launched website
cfacommunity.vn
20+ events 300+ renown
2015 and Facebook page per year speakers since
1st Forecast Dinner establishment
1st Women in Investment
2014 11 Steering 50+ Active local
1st Core Volunteer
Gathering Committee volunteers
2013 CFA Community Vietnam members
was born
1st Career Talk
Diverse events’ participants
201
1st CFA Research
1
Challenge

2010
1st Continuing Professional
Development (CPD) seminar
2009
st
1 recognition
ceremony for new
2008 Charterholders in
CFA Volunteer group initiated its Vietnam
activities in Vietnam
 Our Three Pillars

Members and University

Awareness
Candidates Outreach
Our Member Events

Forecast Dinner 2020

Charter Award Ceremony 2019

CPD Event 2019

Our Candidate Events
Core Volunteer Gathering Career Talk
Outreach and Awareness
Our International Partners

Our Local Partners

Selected season guest speakers
MME. TON NU THI NINH
President at Ho Chi Minh city Peace &
Development Foundation; Vice
President at Vietnam Peace Committee
TUCK MENG YEE, CFA
Founder of JRT Partners CEO of Port Shelter Investment Management
PRANAY GUPTA, CFA
Head of Multi-Asset Strategies
Fullerton Fund
DR. VO TRI THANH DUONG DO QUYEN LE THI HONG THAI, CFA
Chairman of Vietnam National Director, Dragon Capital Head Of Operations and Strategy
Committee for Pacific Economic
- VinaCapital Fund Management
Cooperation
JSC
RICHARD HARRIS ANDREW STOTZ, CFA JASON A. VOSS, CFA
CEO of A.Stotz Investment Research Author of The Intuitive Investor
Chairman, CFA Society Thailand Content Director at CFA Institute
FIACHRA MAC CANA PHAM NGUYEN ANH THU, CFA SAMEER SOAMAL, CFA
Managing Director Head of Capital Markets and M&A, Chief Financial Officer, Blue Ocean
& Head of Research, HSC Vingroup Global Technology
3. CFA Institute Research Challenge
 Overview of CFA Institute Research Challenge
Big challenge, bigger opportunity

► An annual global competition with arround 6,000 students from 1,100

universities over the world
► Over 110 local competitions organized with the support of 150+ CFA
Societies to select the representative team for the global round
► Gain real-world experience in the role of research analysts
► Evaluated on the ability to value a stock, write a research report &
present recommendations.
► Provide hands-on mentoring and intensive training in financial
analysis and professional ethics

Competition roadmap

Local Sub-Regionals Regional Global

✔ Organized by Vietnam ✔ Hosted in March ✔ Hosted in April ✔ Four finalists from

Community of ✔ 17 sub-regions: Asia three regions
✔ 3 regions: Asia Pacific
Investment Pacific (4 compete in the
(20+ teams); Europe,
Professionals - A CFA sub-regions); Europe, global final, held in
Middle East, and
Society in formation in Middle East, and April
Africa (30+);
August - January Africa (6); American American (50+), each ✔ One team will
✔ Top 4 teams compete in (7), the best team(s) selects the best team become the global
Vietnam National Final will be selected to the to global competition champion
where one team regional round
becomes the Vietnam’s
local champion
Vietnam CFA Institute Research Challenge
1st bold step into corporate finance career path
The largest and one of the most successful national Reputable subject companies
competition in the finance field for 9 years
2020

1000+ 20+ 200+ 2019

finance
students universities
experts

2018
Who seek early Top finance, economics Volunteer as mentors,
career exposure and banking universities trainers and judges
2017

Diverse participating universities Alumni’s current employers

2016

2015

2014

2013

2012

2011
Subject companies snapshot
Selected pure play companies in Vietnam’s most attractive industries

► All subject companies are carefully selected by Vietnam Community of Investment Professionals - A CFA
Society in formation’s portfolio managers and research analysts
► The stocks enjoyed significant uptrend around the time of the Research Challenge
4. Why participate?
Why Students Should Participate?
Open door to a finance career while at university

01 INTENSIVE TRAINING

02 REAL-WORLD EXPERIENCE

03 NETWORKING OPPORTUNITIES

04 INTERNSHIP OPPORTUNITIES

05 WINNING PRIZES

06 CHANCE TO GO GLOBAL
Why Universities Should Participate?
Upscale the university’s brand

Our past champions

Additional platform to train and expose

01 your students to real-world finance
industry, besides curriculum study
1 national winner

Showcase your university on a global

02 scale that no other competitions can
provide

Provide unique career opportunities

03 for students at prestigious research
houses and investment firms
1 national winners
7 finalists
1 national winners
4 finalists

Network with professionals, peers from

04 other universities, and other experts in
the community

05 Evaluate your school’s reputation and

standing against competing schools
1 winner
1 finalist 4 finalists 5 finalists
CFA Research Challenge 2021-2022
Updates
Overview of 2021-2022 Rules Changes

The written report must not exceed 10 A4-sized pages, but may
1
include an appendix no longer than 10 A4-sized pages

The final round results of Vietnam CFA Research Challenge will

2
be evaluated based on team’s presentation only

During the Sub-regional Round, teams will be evaluated based

3
on a recorded 10-minute presentation.

For the Regional & Global Round, team’s presentation and a

4
15-minute Q&A are included in the evaluation
Vietnam Research Challenge 2021-2022 Format

REPORT REPORT
100%
NATION’S TOP 8

RECORDED
SEMI IMPROVED REPORT
PRESENTATION VIDEO
FINAL 50%
50%

NATION’S TOP 4

LOCAL PRESENTATION and Q&A

FINAL 100%
Scoring for Vietnam Round
EACH REPORT IS GRADED BY 3 GRADERS. EACH GRADER GRADES 3 CODED REPORTS.

Grading: based on average ranking, instead of average scores, to account for the different
ranges of scores by different graders/judges

Report Scoring

Section Maximum Points

Business Description 5
Industry Overview & Competitive
Positioning
10
Investment Summary 15
Valuation 20
Financial Analysis 20
Investment Risks 15
Environmental, Social, Governance 15
Total 100
Scoring for Vietnam Round

Presentation Scoring - Nation’s Top 8

Criteria Maximum Points

Financial Analysis
20
How thorough was their analysis of the industry, company, and competitors?

Valuation
Were the valuation methodologies appropriate ad detailed? 20

Environmental, Social, and Governance

Did the analysis thoroughly incorporate conversation of the natural world, 10
consideration of people and relationships, and standards for running a company

Presentation
How effective/convincing was their presentation? Was it logical and did the facts 20
support the recommendation?

Team Involvement
5
Team involvement in the presentation/Questions and Answers

Materials
5
Quality of slides
Total 80
Scoring for Vietnam Round

Presentation Scoring - Nation’s Top 4

Criteria Maximum Points

Financial Analysis
20
How thorough was their analysis of the industry, company, and competitors?

Valuation
Were the valuation methodologies appropriate ad detailed? 20

Environmental, Social, and Governance

Did the analysis thoroughly incorporate conversation of the natural world, 10
consideration of people and relationships, and standards for running a company

Presentation
How effective/convincing was their presentation? Was it logical and did the facts 20
support the recommendation?

Question & Answer

20
Were they able to answer the questions effectively and with confidence?

Team Involvement
5
Team involvement in the presentation/Questions and Answers

Materials
5
Quality of slides
Total 100
 THANK YOU

• Fanpage | https://www.facebook.com/CFACommunityVietnam/
• Website | https://www.cfainstitute.org/ - https://cfacommunity.vn/
• Email | vietnamresearchchallenge@gmail.com