February 14, 2012
On February 10, the team of Cyprien Grau, Antoine Kilo, Élizabeth Jourdan and Géraud Menettrier won the local finals in the prestigious Global Investment Research Challenge (GIRC), competition, organized by the Montreal CFA Society. Their victory means that HEC Montréal will be the only university representing Québec at the Americas level of the GIRC, on April 9 and 10, in New York. They will be competing against about fifty teams from the largest cities in the Americas.
The interuniversity competition pitted HEC Montréal against teams from Concordia University, Université Laval, McGill University, Université de Sherbrooke and UQAM. Each team had to analyze the Groupe Jean Coutu, submit a research report and make a presentation to a panel of finance experts. “This helped give me a thorough understanding of how a business works,” explains BBA student Cyprien Grau. “It was a unique and very rewarding experience.” HEC Montréal students stood out thanks to their persistence and the quality of their work, presentation and arguments.
The GIRC, sponsored by the CFA Institute, is an international financial research and analysis competition in which nearly 2,500 students from 546 universities in 45 countries take part. It has three levels: local, regional and global. Local teams must first win the interuniversity competition in their city and then qualify in their region, i.e. the Americas, Asia-Pacific, New York or Europe, Middle East and Africa (EMEA). The winning teams from each region will then meet for the global final, in New York.
HEC Montréal congratulates the team representing the School and wishes it every success at the Americas competition in April.