Australian School of Business comes second in stock pitch competition
Wednesday, 20 April 2011
A team of
AGSM MBA Students received second place in the annual National University of Singapore (NUS) Asian MBA Stock Pitch Competition.
The Stock Pitch Competition provided a forum for students from the top MBA programs 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 challenged the teams of finance students to prepare and present buy/hold/sell recommendations and vigorously defend those recommendations. The competition is designed to replicate the fast-paced, demanding experience of fundamental analysts and asset managers in the real world.
Anthony Yarrow, Garrett McLaughlin and Jay Untiedt represented AGSM MBA students in the stock competition. AGSM MBA student Jay Untiedt said that the competition was intense, with many of the participants having significant financial experience prior to undertaking their MBAs.
"The judges were tough. They asked questions for up to 15 minutes after the 10 minute presentation. It was a very realistic set-up and required you to know your company and industry inside and out, and also be able to react quickly under pressure," Jay Untiedt said.
The AGSM MBA team were happy with the result, "We took second place, which is fantastic, given the calibre of the competition." First place went to the Indian School of Business.