Security Analysis Competition for 2015 Fall

Timeline and events

Date Location Event
9/10/2015 1.502 SAC Opening Day
9/22/2015 1.502

Financial Analysis Workshop

——Carolyn Reichert

9/24/2015 1.502

Valuation Workshop And Transaction Advisory Service

——Sudhanshu Jain

9/24/2015   SAC Registration Deadline
10/22/2015 1.502

Valuation In Depth

——Carl Schulze

11/3/2015 1.502

Presentation Training workshop

— Distinguished Toastmasters

11/3/2015   Equity Research Paper Due
11/10/2015 1.502 Final Presentation

Steps to the win

  • Form a team(If you do not have teammates, we can arrange you some teammates)
  • Pick a US public company
  • Forecast 1 year target price with a BUY, HOLD, or SELL Recommendation
  • Write a professional equity research report
  • Deliver a 10 minutes presentation, pitch the stock to the judges, and prepare for10 minutes Q&A session

General Rules

  • 2-5 people form a team
  • Select one team leader who is responsible for communications
  • Target company must be PUBLICLY LISTED in the USA
  • 10 pages maximum for equity report with infinite appendices
  • Equity research report templates will provided in google drive, as list below

Equity Research Report

  • Investment Summary
  • Business Description
  • Industry Overview and Competitive Positioning
  • Financial Analysis
  • Investment Risks
  • Valuation
  • Other Headings
  • Appendix of spreadsheets and financials

Prize and benefit

  • Learn, practice and hone your financial analysis skills
  • Preparation for CFA IRC
  • Leadership and team building experience
  • Public speaking
  • Extraordinary resume builder
  • 1st Place:            $300 + Trophy
  • 2nd Place:           $200
  • 3rd Place:           $100
  • Certificate for every team who can finish report
  • Participants from winner team have potential opportunity to be selected to compete CFA IRC, a global financial analysis competition
  • Only FLA members are eligible for awards


Mentor Program

  • Every Saturday afternoon 2pm—4pm: Our mentors, Rex or Douglas will be in the Financial Trade Lab
  • Team Mentor: We will sign a mentor to your team if you apply. You can schedule time to meet with your team mentor for assistance.

Final Score

Comprised of two equally weighted parts

  • Equity Research Report (100 points)
  • Final Presentation (100 points)

SAC Directors


  • Capital IQ (Register at JSOM II Trading Center)
  • Bloomberg Terminals (JSOM II Trading Center)
  • IBISWorld and S&P industry reports  (Available online at UTD Library)
  • Useful websites

Google Drive

Event slides, sample reports from previous winning team, CFA IRC Writing Template and Scoring Sheets will be uploaded into google drive.

Google Drive Folder: