A tenacious team of finance majors, who sacrificed most of their winter break to prepare for the CFA Institute Research Challenge, took first place in that regional competition last week.<\/p>\n
Students Hunter Baillargeon, Dylan Fischetto, Richard Opper, Philip Ochocinski and Rushit Chauhan were tasked with researching and analyzing a major utility company, and then producing a 10-page report about whether to buy, hold, or sell its stock. They chose to sell. <\/p>\n
One of the CFA judges said both the team\u2019s report and presentation were among the best he had seen in many years.<\/p>\n
\u201cAs a team, we were thrilled our hard work paid off and our many hours of work allowed us to achieve what we did,\u2019\u2019 Baillargeon said. \u201cWhat we accomplished couldn\u2019t have been done without working with such a cohesive and collective unit.\u2019\u2019<\/p>\n
\u201cFrom a technical perspective, I realize how valuable true analysis is and the importance of looking where others don\u2019t for a differentiated approach,\u2019\u2019 Baillargeon said. <\/p>\n
The first round of competition featured 24 college teams from the Stamford-Hartford-Providence region. The Stamford team, composed of seniors all of whom all participate in UConn\u2019s Student Managed Fund program, received its first-place award Feb. 26 in a ceremony in Hartford. The team will advance to the East Coast competition later this month.<\/p>\n
\u201cThe Stamford team\u2019s advancement in this competition reflects not only the students\u2019 exceptional talent and work ethic, but also the rigor and applied focus of the UConn finance curriculum,\u2019\u2019 said professor Yiming Qian, head of the Finance Department. <\/p>\n
\u201cOur Stamford campus hosts approximately 200 financial management majors. The Stamford program is a vital part of the School and continues to demonstrate outstanding strength,\u201d she said.<\/p>\n
Professors Steve Wilson and Jeff Bianchi, who combined have 75 years of experience in the investment industry, were the team\u2019s advisers and were supported by academic director Katherine Pancak. <\/p>\n
Wilson said the task of analyzing a utility is particularly complex because of the company\u2019s structure and the regulatory environment in which it operates.<\/p>\n
\u201cI believe the Stamford team stood out because of the depth of their research, and willingness to take a bold stand, including the decision to \u2018go out on a limb\u2019 and recommend selling the stock,\u2019\u2019 he said. \u201cThey didn\u2019t \u2018play it safe.\u2019\u2019\u2019<\/p>\n
\u201cThis clean-sweep was a true team effort. They were tireless throughout, and sleepless too often, but they never wavered from their desire to always dig deeper and uncover any information that would strengthen our investment case,\u2019\u2019 he said. \u201cWhat a phenomenal job they did!\u2019\u2019<\/p>\n
The Stamford team will compete against Loyola, Canisius, Sacred Heart; Seton Hall, Villanova, St. Michaels, Western New England, University of Maine, Fordham and Penn State next. In total, some 8,000 students are expected to participate in various competitions worldwide, culminating in a championship round in Hong Kong in May. <\/p>\n
Wilson said the financial industry is always welcoming of new talent. And when one of the judges told him that the Stamford team produced some of the best work that he\u2019d seen in years, Wilson felt tremendous pride for the students.<\/p>\n
\u201cFinance is an open playing field. In investments, the best idea wins,\u2019\u2019 he said.<\/p>\n
Baillargeon said he will always appreciate the whole team\u2019s dedication.<\/p>\n
\u201cWhat I\u2019ll remember most is the help of our advisers and our cohesive, close-knit team where everyone pulled their weight,\u2019\u2019 Baillargeon said. \u201cWe put in long hours, did a tremendous amount of research, and collaborated well together. I hope when I enter the workforce I get to work with a team as committed as this one is.\u2019\u2019 <\/p>\n
Editor’s Note: Congratulations to the five-member UConn Stamford finance team! They have been selected as one of 16 teams to participate in the Americas final of the CFA Institute Research Challenge. Of the 1,600 teams that started the competition worldwide, only 41 remain. We’re hoping our team makes it to the finals in Hong Kong.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" The first round of competition featured 24 college teams from the Stamford-Hartford-Providence region.<\/p>\n","protected":false},"author":121,"featured_media":241922,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_crdt_document":"","wds_primary_category":0,"wds_primary_series":0,"wds_primary_attribution":0,"footnotes":""},"categories":[1862],"tags":[],"magazine-issues":[],"coauthors":[2105],"class_list":["post-241921","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-busn"],"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"publishpress_future_action":{"enabled":false,"date":"2026-04-13 04:56:46","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/today.uconn.edu\/wp-rest\/wp\/v2\/posts\/241921","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/today.uconn.edu\/wp-rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/today.uconn.edu\/wp-rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/today.uconn.edu\/wp-rest\/wp\/v2\/users\/121"}],"replies":[{"embeddable":true,"href":"https:\/\/today.uconn.edu\/wp-rest\/wp\/v2\/comments?post=241921"}],"version-history":[{"count":2,"href":"https:\/\/today.uconn.edu\/wp-rest\/wp\/v2\/posts\/241921\/revisions"}],"predecessor-version":[{"id":242993,"href":"https:\/\/today.uconn.edu\/wp-rest\/wp\/v2\/posts\/241921\/revisions\/242993"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/today.uconn.edu\/wp-rest\/wp\/v2\/media\/241922"}],"wp:attachment":[{"href":"https:\/\/today.uconn.edu\/wp-rest\/wp\/v2\/media?parent=241921"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/today.uconn.edu\/wp-rest\/wp\/v2\/categories?post=241921"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/today.uconn.edu\/wp-rest\/wp\/v2\/tags?post=241921"},{"taxonomy":"magazine-issue","embeddable":true,"href":"https:\/\/today.uconn.edu\/wp-rest\/wp\/v2\/magazine-issues?post=241921"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/today.uconn.edu\/wp-rest\/wp\/v2\/coauthors?post=241921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}