ICU became the main sponsor of the CFA Institute Research Challenge in Ukraine

November 13, 2018, Tuesday, 17:58 395

2018-11-13T18: 03: 27 + 02: 00

Ukrainian news

Ukrainian news

ICU became the main sponsor of the CFA Institute Research Challenge in Ukraine

Ukraine has launched the world's largest student competition for investment research – CFA Institute Research Challenge 2018-2019. For the second consecutive year, the main partner and sponsor of the competition, ICU.

The competition is held annually in more than 70 countries, the organizer is a global association of investment experts CFA Institute. The task of the participants is to prepare and protect the investment report on one of the leading local or global public companies. In the report, students also offer their investment advice on the purchase or sale of company shares. Each team has a mentor in the field of financing or consulting – an experienced investment banker or business analyst, which helps students understand the complexity of an investment analysis.

In the Ukrainian competition this year, 195 students are participating, which make up groups from 26 universities in the country. The end of the competition will be held in March 2019 and in April the winning team will go to Switzerland at European competitions, where they will compete with their peers from 30 countries. The European stage winner is a world finale.

Last year they won the national finals, which were supported by the ICU, also the teams of Kiev National Economics University and Kiev National University. T. Shevchenko. Students from these universities represented Ukraine at the European Finals in Ireland.

This year, besides the sponsorship of the competition itself, the ICU will support the best student in the national final. The ICU will provide him with an ad hoc scholarship for the CFA exam.

"We are happy to support this competition on an annual basis. I am convinced that for the success of Ukraine, we need to invest in educational initiatives that will transfer the best professional skills and ethical standards to the future leaders of the country," commented Makar Paseniuk, managing partner of ICU, CFA.

For many years, ICU has been a strategic partner of the Kiev Economic School, which supports a number of educational programs for a generation of future economists.


The ICU is an independent financial group that provides brokerage, asset management and private equity services. The group specializes in the markets of Central and Eastern Europe.

The ICU Group, established in 2006 by ING experts, is a leader in asset management in Ukraine. Under its management, the funds amount to more than $ 500 million.

The owner of the company is its top management. The leading partners of ICU are Makar Pasenuk and Konstantin Stetsenko.

Ukrainian Association of Investment Experts CFA Society Ukraine is a non-profit organization that combines more than 200 representatives of the investment profession in Ukraine. CFA Ukraine is a member of the international global association of investment experts CFA, whose members are 151 local associations with over 160,000 members worldwide.

The main objectives of the association include: pooling investment experts with the aim of introducing the principles of ethics, education standards and professionalism of the CFA Institute in the investment industry of Ukraine, and to provide their members with ongoing training and awareness in Ukraine of the CFA training program as a global standard of knowledge on investment professions.

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