Five Thompson Rivers University students put their sense of ethics to the test and came out on top at the 2019 CFA (Chartered Financial Analyst) Societies Canada Ethics Challenge.
The TRU team — Cynthia Chinyereude, Palak Dhingra, Jonelle Joseph, MD Safiul Bari Shawn and Ashish Wadhwa — beat out 26 other groups to take home first place in the third annual competition.
Participants were tasked with analyzing case studies and identifying ethical dilemmas as per the CFA’s code of ethics and standards.
Finalists from six Canadian universities were announced at the beginning of March, preceding the final challenge of the competition in Calgary on May 1.
TRU earned its title by providing the best analysis of a new case study, within three hours, to a judging panel of CFA charter holders, who then led a question-and-answer session.
“Through this experience, my teammates and I now have a much stronger understanding of how to identify ethical grey areas,” TRU team member Shawn said. “Obviously, we’re thrilled to walk away with a win, but the experience overall allowed us and our competitors to gain clearer insight into what we can expect in our futures. It also gave us the opportunity to speak with seasoned professionals.”
As part of their winnings, each member of the TRU team took home $500 and a commemorative award from CFA Societies Canada.
David Smith, chair of the CFA Societies Canada, said the goal of the ethics challenge is to introduce a commitment to their code of ethics to future finance professionals and show students how to identify and dissect complex challenges they will potentially encounter in the years ahead.
The competition is open to post-secondary students across Canada.
CFA Societies Canada is a collaboration of CFA Institute and the 12 Canadian member societies, which advocate for the highest standards of integrity and ethics to the benefit of Canadian investors.