Student teams (members of CFA Institute Research Challenge) faced the task to write investment appraisal reports of QIWI Group - the leading payment services provider. Reports had to be delivered until January 14. University teams have been working on investment reports since mid-November. For two months students had been searching for QIWI financial and operational data, consulting with mentors and advisers, building analytical charts and tables, so that their report would be qualified for a winning score.

CFA Institute Research Challenge organizers received 7 reports and now it is time to review intermediate results and evaluate the success of works. In the near future, graders will assess reports, and students in the meantime are waiting for the next stage of video presentations. At first teams will have to record a video with presentations of the report (no longer than 10 minutes), and then publish it on YouTube. Links to YouTube videos should be sent to the organizers until February 3.

After evaluation of reports and video presentations judges will select top 4 teams. They will participate in the final full-time presentations on March 5, where the winner will be chosen.