Coles College team wins investment competition

KENNESAW, Ga. | Feb 23, 2017

Students advance to national championship

SMIF team
The Student Management Investment Fund team of Erica Moody, Andrew Hedden, Patrick Lim, Eli Hogan and John Foster receives their award at the Southern Classic competition.

Members of the 石榴直播 Student Management Investment Fund in the Coles College of Business recently earned top honors in the CFA Institute Research Challenge Southern Classic.

Kennesaw State鈥檚 SMIF team of Erica Moody, Andrew Hedden, Patrick Lim, Eli Hogan and John Foster took the top spot in the finals against teams from Clemson University and the University of Georgia. They advanced to the North American Championship that will be held in Seattle in April. Moody and Hogan also are part of the Coles College Scholar program.

鈥淭his year is Kennesaw State鈥檚 first time ever competing in the CFA Institute Research Challenge, so we certainly are excited about our win in the 2017 Classic,鈥 said Moody, an economics major. 鈥淲e are looking forward to perfecting our presentation and moving on to compete in Seattle. We hope to bring home another win to 石榴直播 and Coles College.鈥

Hosted this year by 石榴直播, the Southern Classic is an annual global competition that showcases finance and economics students by providing hands-on mentoring and training in financial analysis. Teams from five states participated.

Students from each school worked as a team to research and evaluate a publicly traded company and presented their analysis to a panel of industry professionals. Faculty coach Vic Wakeling, senior lecturer of finance, and industry expert Brandon Pickett guided Kennesaw State鈥檚 team to their victory.

鈥淭he guidance Professor Vic Wakeling gave us is so appreciated. It鈥檚 not every day that one finds a professor so devoted to helping his students succeed, and he has been just that,鈥 Moody said. 鈥淭hrough the competition, we鈥檝e learned so much about report writing and presentation skills, in addition to equity research best practices. I believe this win confirms the quality of education, as well as the personal and professional development, that we have received through the Coles College of Business and through our participation in the 石榴直播 Student Managed Investment Fund.鈥

Govind Hariharan, SMIF faculty advisor, said: 鈥淲e are very proud of this team of students and Professor Wakeling, and the work they put into this competition. The endowment of the SMIF program by the Henssler Financial Group has helped us to develop and showcase the best students in the world of finance and economics. These students have a lot to offer, and being chosen as the winners of this competition amongst other top universities in the South solidifies their accomplishments both in this program and in their studies at Coles College and Kennesaw State.鈥

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A leader in innovative teaching and learning, 石榴直播 offers undergraduate, graduate and doctoral degrees to its more than 45,000 students. Kennesaw State is a member of the University System of Georgia with 11 academic colleges. The university’s vibrant campus culture, diverse population, strong global ties and entrepreneurial spirit draw students from throughout the country and the world. Kennesaw State is a Carnegie-designated doctoral research institution (R2), placing it among an elite group of only 7 percent of U.S. colleges and universities with an R1 or R2 status. For more information, visit kennesaw.edu.