Quantcast

Global contest challenges students to value public stock - KOAM TV 7

Global contest challenges students to value public stock

Updated:

POSTED ON BEHALF OF PITTSBURG STATE UNIVERSITY

Global contest challenges students to value public stock

A group of Pittsburg State business students is taking a real-life shot at valuing a publicly traded company.

As part of the annual CFA Institute Research Challenge, students Xin Liu, Victoria McKinnon, Adilet Saralinov, Stuart Semple, and Brendan Sheehy have assumed the roles of research analysts and are being tested on their ability to value a stock and write an initiation-of-coverage report. The company they are studying is the Kansas City Southern (KCS) Railway Company.

The students have worked as a team to research and analyze KCS, including meeting face-to-face with company management. On Saturday, Feb. 22, the students will travel to Kansas City to present their findings to a panel of judges that will include KCS management and mentors in the finance field.

The winner of the local Kansas City round of the Research Challenge will advance to regional competition in Denver, Colo. The winner from each regional competition will advance to the Global Final, where one team will emerge as global champion of the CFA Institute Research Challenge.

“This competition has been a lot of fun, but it’s also been quite the challenge,” McKinnon said. “We’ve spent many hours discussing our thoughts on the company and building them into a model that would forecast the financial statements we needed to value the company.”

McKinnon said the real-world aspects of the challenge will benefit the students in the future.

“This task is something we may very well encounter in our professional careers,” she said, “and it will be so good to know we’ve already been through something like that and will know how to proceed.”

Kevin Bracker, professor of economics, serves as the students’ adviser for the challenge.

“This is a wonderful opportunity for students to gain experience valuing a public stock,” he said. “The students are working very hard on this, and I’m anxious to see how they perform at the local competition on Saturday.”

# # #

  • Local NewsMore>>

  • Galena Fire, Investigation Update

    Galena Fire, Investigation Update

    Monday, February 19 2018 12:39 PM EST2018-02-19 17:39:09 GMT
    Galena Fire Chief Bill Hall says another fire was apparently set last night (Feb 19).  He says it was in an open field and there were no structures involved. Authorities say last night's fire was put out one hour after crews arrived. The fire Marshal is investigating.  Hall says the city does have a few leads, however, at this point they don't know if the fires from last week are connected to last night's fire. Last week's story and video: http://www.koamtv.com/st...More >>
    Galena Fire Chief Bill Hall says another fire was apparently set last night (Feb 19).  He says it was in an open field and there were no structures involved. Authorities say last night's fire was put out one hour after crews arrived. The fire Marshal is investigating.  Hall says the city does have a few leads, however, at this point they don't know if the fires from last week are connected to last night's fire. Last week's story and video: http://www.koamtv.com/st...More >>
  • Hunting & Boat Show Brings Record Crowds To Grove

    Hunting & Boat Show Brings Record Crowds To Grove

    Sunday, February 18 2018 11:40 PM EST2018-02-19 04:40:48 GMT
    Vance Montgomery "This is a once a year event. It's not something that happens very often. We do it once a year. It's all about fishing, hunting and the outdoors." "We have boat dealers, guides, outfitters, a lot of seminars by pros and that's something that's kind of this show is kind of known for." "So we started this event 19 years ago, actually in Claremore, Oklahoma. And we had it there for 10 years. We moved the show from there to Bixby for about five ...More >>
    Vance Montgomery "This is a once a year event. It's not something that happens very often. We do it once a year. It's all about fishing, hunting and the outdoors." "We have boat dealers, guides, outfitters, a lot of seminars by pros and that's something that's kind of this show is kind of known for." "So we started this event 19 years ago, actually in Claremore, Oklahoma. And we had it there for 10 years. We moved the show from there to Bixby for about five ...More >>
  • Lovely Art

    Lovely Art

    Sunday, February 18 2018 10:18 PM EST2018-02-19 03:18:37 GMT

    Over in Joplin, local artists were expressing what love is through interpretive means. 

    More >>

    Over in Joplin, local artists were expressing what love is through interpretive means. 

    More >>
Powered by Frankly

KOAM - Licensed to Pittsburg, Kansas
Send tips, ideas and press releases to: tips@koamtv.com
Send newsroom questions or comments to: comments@koamtv.com
Phone: (417) 624-0233 or (620) 231-0400
Web comments or questions: webmaster@koamtv.com
Newsroom Fax: (417) 624-3158

Powered by WorldNow All content © Copyright 2000 - 2018 KOAM. All Rights Reserved. For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.