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Millsaps College Finance Team Follows Tradition and Brings Home Another Trophy

by Web on April 3, 2017

Pictured from left: Walter Neely, Hector Sandoval, Clayton Killebrew, Chandler Loy, Tyler Kastner, and Julius Ridgway.

A team of five students in the Else School of Management at Millsaps College recently put their knowledge of finance to the test and brought home a trophy from the Mid-South Chartered Financial Analyst Research Challenge in Memphis.

The CFA Research Challenge, sponsored by the Chartered Financial Analysts Institute, is an annual global competition that provides university students with hands-on mentoring and intensive training in financial analysis. The CFA Societies of Memphis, Mississippi, and Arkansas sponsored the Mid-South regional Competition. 

The Millsaps team included Chandler Loy of Memphis who is majoring in economics and business-finance, Tyler Kastner of Dallas who is majoring in business-finance, Clayton Killebrew of Memphis, who is majoring in economics and business-finance, Hector Sandoval of Houston, Texas who is majoring in business-finance and MBA student Noel Risher of Madison whose focus is on  accounting, finance, and entrepreneurship.

Twelve colleges and universities from Tennessee, Arkansas and Mississippi, including Rhodes College, the University of Mississippi, the University of Arkansas at Fayetteville, the University of Arkansas at Little Rock, the University of Memphis and Mississippi State University were initially invited to complete a written report analyzing the same company, Mid-America Apartment Communities. The report was completed in January and counted for half of the scoring for the competition.

The rest of the scoring consisted of oral presentation and responses to questions from panels of CFA judges.  Millsaps alumni John Russell, CFA, and Rod Ratliff, CFA, served as judges but did not judge the team from Millsaps.

Seven teams consisting of both MBA and undergraduate students competed in the first round of the oral competition, and the teams from Millsaps, Rhodes and the University of Arkansas at Little Rock were chosen for the final round. The MBA team from UA Little Rock won the competition.

Julius Ridgway, CFA, a portfolio manager at Medley and Brown, who earned an M.B.A. from Millsaps and a master’s of finance and accounting from the London School of Economics, served as the team’s CFA industry mentor and as an adjunct professor. Chuck Sampson, MBA alum and adjunct professor for Millsaps MBA Program acted as a presentation coach.  Dr. Walter Neely, CFA and professor of finance, is the faculty advisor of the team.

The Research Challenge team also manages the $341,000 portfolio of the General Louis Wilson Student-Managed Fund, a portfolio that is part of the Millsaps endowment.

Find out more about the CFA Research Challenge.