Congratulations to the Rotman Master of Finance winners of the annual CFA Ethics Challenge! This is the third consecutive year that Rotman students achieved first place, competing against students from Schulich, Queen’s Smith School of Business, and the University of Ottawa’s Telfer School of Management.
The CFA Ethics Challenge is organized to encourage the development of analytical and ethical skills required to tackle real-life challenges in the workplace. We asked winners Elizabeth Ren, Nicole Jiang, Michael Kim and Johnny Wu from the Master of Finance 2017 winning team to tell us about their experience.
Congratulations on winning this competition! How do you feel about bringing it home for the third year?
We are so proud (and also relieved, phew!) to bring home the top honor for the third year in a row, especially since Rotman was hosting the challenge this year. We all strongly believe in the importance of ethics for financial professionals. With the bloom of compliance and the regulatory industry, Rotman has taken the leadership in educating financial practitioners in this area. Our very own MFin Program is a strong evidence of this.
Where there other resources that you tapped into to prepare for this challenge?
While academic courses provided us insights into ethics in the finance world, mandatory and optional professional development modules offered by the Rotman MFin program really gave us an edge. The dynamic Teams Workshop showed us how powerful we can be if we value each other’s input and truly collaborate with each other; the Presentation Skills Workshop sharpened our skills and enabled us to present effectively in front of the CFA Society of Toronto. We worked extremely hard to dissect the complicated case, and now we know that all those Sunday practices and late online meetings were worth it! This experience has been more than rewarding and we are so grateful to have had the opportunity to participate in this challenge.
Did you reach out to your external network outside of your team?
We could not have done this without the support from last year’s winning team (Michael Szaura, Sheng Fei, Mahtab Faruqui and Roger Brown). We are so thankful for Roger taking time on a Saturday afternoon to coach us. Special thanks to our former and current MFin Academic Directors Alexandra MacKay and Fotini Tolias, and Reema Chaudhry our MFin programs Assistant Director, who not only encouraged us but also provided much guidance.
If you’re interested to learn more about the Rotman Master of Finance program, visit our website at www.rotman.utoronto.ca/MFin or contact us. Our next MFin deadline is February and we look forward to reviewing your application.
Tip: the earlier you apply, the greater your chance of an entrance award.