AGSM team selected for Asian stock pitch competition
Thursday, 1 March 2012
A team of three MBA participants from the Australian Graduate School of Management (AGSM) will compete against the best students in the Asia Pacific after being selected to participate in 3rd annual National University of Singapore (NUS) Asian MBA Stock Pitch Competition (SPC).
Antonio Miranda, Jon Are Lokken and Jonathan Choi, will represent AGSM in Singapore next month at the competition hosted by the Centre for Asset Management Research & Investments at NUS Business School.
The SPC provides a forum for top MBA students in the Asia Pacific region to compete and showcase their equity research and stock-picking skills in front of a panel of distinguished judges from the investment industry. The event challenges teams of finance students from up to twelve elite universities in the Asia Pacific region to prepare and present buy/hold/sell recommendations and vigorously defend those recommendations.
According to the organisers, the intense competition is designed to replicate the fast-paced, demanding experience of equity analysts and asset managers in the real world.
As in past competitions, the focus will be on Asian-based firms with limited analyst coverage.
Jonathan Choi, speaking on behalf of the team said the group was hoping to go one better than 2011 when AGSM was runner up in the competition behind Indian School of Business.
"Preparing for the stock competition was a great way to utilise a lot of the theories and frameworks we have acquired from the MBA courses such as financial modeling and corporate valuation," said Jonathan. "The team members are gathering every week to practice analysing Asian companies in the hopes of securing the top spot this year!"
MBA Program Academic Director, Dr Mark Stewart, said, "An important characteristic of the AGSM MBA program is the application of concepts and theories within industry. The SPC provides an excellent opportunity to apply expertise in finance within equity capital markets.
"We wish the team well and know that the experience will serve them well on the next stages in their career.