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FCBE News

FCBE Team Competes in National Research Competition, Meets Buffett

For release:  April 20, 2011

Midsouth’s investment research challenge’s (IRC) winning student team from the Fogelman College of Business & Economics advanced to the Americas regional quarterfinals of the global IRC to compete with 40 other winning teams including teams such as MIT and Wharton (which beat the Memphis team).

The Global IRC is an educational initiative in which leading industry professionals guide business and finance students in researching and reporting on a publicly traded company.  The program spans one academic year and consists of analyzing a public company, mentoring by a professional research analyst, writing a research report and presenting the team’s results and recommendations to a high profile panel of finance experts.  Marks are awarded to each team on the basis of their investment case, their delivery and their ability to answer and respond to detailed analysis from the judges. 

More than 2,500 students from more than 500 universities worldwide participated in the IRC, of which 40 teams including Memphis advanced to the event in Omaha. This year’s event featured Mr. Warren Buffett with whom students engaged directly in discussions about investment strategies. The picture shows legendary investor Mr. Warren Buffett with Tyler Stafford, an MSBA (Finance) student at the FCBE. Other team members included Sonal Kukreja, Bradley Heil, Tyler Stafford and John-Michael Clowers accompanied by faculty adviser Prof. P.K. Jain.

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