A team of four Robins School of Business students has won the CFA Virginia Investment Research Challenge and will compete in the North American regional competition in New York on March 17-18.

The local contest is part of the annual CFA Institute Global Investment Research Challenge, in which undergraduate and graduate business school students compete in international stock research and analysis.

Richmond’s team competed against six others from Virginia colleges and universities. Each analyzed locally-headquartered company CarMax, produced a research report and prepared an oral presentation. Members received a scholarship equivalent to the cost of one level of the Chartered Financial Analyst (CFA) examination.

Selected last October by faculty adviser David North, Richmond team members include senior finance students Nicholas Chew of South Orange, N.J., Jill Gramolini of Belmont, Mass., Jessica Murray of New York, and Gordon O’Brien of Bronxville, N.Y. Christopher Dion, associate director of investments at Spider Management Company, Richmond, served as team coordinator.

Richmond has won the CFA Virginia Challenge two of the three years since its launch in 2008. The winning team at the North American regional level will travel to Hong Kong in April to compete internationally.

BusinessWeek magazine recently ranked the Robins School of Business No. 15 on its 2010 list of best undergraduate business programs in America, giving it grades of A-plus for both teaching quality and facilities.

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