Investment Research Challenge Texas

Teams competing for 2007 2008:

Rice University
Southern Methodist University
Texas A&M
Texas Christian University
University of Houston
University of Texas
TIMELINE for 2007-2008
Texas Challenge:
October 2007 December 2007:
Introduction of IRC-Texas to MBA Programs
Seminar: Internet as the Ultimate Securities Analyst Tool (web cast)
Seminar: How to Write a Research Report- A Sell Side Perspective (web cast)
Seminar: How to Write a Research Report- Contrasting Good and Bad Reports (web cast)
Seminar: Ethics Panel (web cast)
Universities select IRC team members (3 to 5 per team)
Team members listed with resumes on Website
January 2008
Target company announced Mens Wearhouse
Teams submit questions to CFA DFW and CFA Houston to forward to company management
Mentors from CFA Societies in Texas assigned to each of the teams
February 2008
Feb. 12 - Company presentation held at Rice U of H, A&M, UT attending, audio conference to SMU & TCU

April 2008
4/8 - Final reports submitted to CFA Houston/CFA DFW for evaluation by graders
4/14 - Graders select top two team reports. The two finalist teams then announced
4/19 - Final oral presentation by 2 finalist teams occurs at TIPS (location Texas A&M)
Judges panel will be made up of key investment leaders in Texas.

April/May 2008 North American Regional and Global Investment Research Challenge
April 30 5:30 8:30pm, Reuters America in Times Square NYC - No. Amer. Regional IRC.
Teams competing: Atlantic Canada, Louisville, New England, Pittsburgh, Texas and Virginia
Teams prepare 10 min. power point presentation then will have 10 minutes of Q&A with judges
Winners chosen based on presentation scores only.
May 1 5:30 8:30pm, Reuters America in Times Square NYC, Global IRC.
Teams competing: 2 top finalists from North. American Regional IRC on April 30
th
+ one team
from Asia-Pacific, European and New York Regional Challenges.

Awards:

IRC Texas will award each of the members of the 2 finalist teams (the teams selected to compete at TIPS) with a
scholarship that pays for the candidates next levels exam registration fee in the CFA program.

CFA Institute will provide the final winning team of IRC Texas with airfare and accommodations in New York
City to compete in the Regional and, if one of the top contenders, the Global Finals.

Reuters America has joined as a sponsor of The Challenges and will provide each team with free access to their
databases, news information for their research.

Awards at the Regional and Global Challenges will be provided by the CFA Institute.

To see a list of Team members, Click HERE
Special recognition of 2006-2007 IRC TX participants
University Mentors of Competing Teams:
Brian Bruce - Southern Methodist University
Jill Foote, CFA - Rice University
Kelli Kilpatrick and Wendy Flynn Texas A&M
Larry Lockwood, CFA - Texas Christian University

Seminar Instructors:
Pearce Hammond, CFA Simmons & Co. International
Ed Hirs, CFA Hirs & Co.
Emily Hollis, CFA ALM First Financial Advisors, LLC
Andrew Lees, CFA AIM Investments
Dan Meader, CFA Trinity Advisors, L.P.
Steve Smith, CFA Smith Group Asset Management

Society Mentors:
Ryan Bend, CFA David W. Tice & Associates
Shirley Ogden, CFA Lee Financial
Matt Quinn, CFA Lee Financial
Jake Trousdale, CFA J. P. Morgan Private Bank

Judges (for the participating teams written report):
David Ackerman, CFA Ackerman Capital
John Boettiger, CFA Deloitte Financial Advisory Services
Carolyn Cossgriff, CFA Moneta Investment Consulting
Ron Stapleton, CFA Partners Advisors

Oral Panelist Judges (for the two finalists):
Michael Brakebill, CFA - Teachers Retirement System of Texas
Roddy Cummins, CFA Guidestone Capital Management
Donald W. Hultgren, CFA - Southwest SWS Group
Eugene H. Vaughan, CFA - Vaughan Nelson Investment Management, L.P.
Jeanie Wyatt, CFA - South Texas Money Management, Ltd.

Society Presidents and Co-ordinators for Investment Research Challenge - Texas
Leah Bennett, CFA Past President, CFA-Houston
Cindy Brien, CFA President, CFA-Houston
Sharon Criswell, CFA Past President, CFA Society of Dallas Fort Worth
Gary Walsh, CFA President, CFA Society of Dallas Fort Worth

Investment Research Challenge was originated and trademarked by the New York Society of Security
Analysts (NYSSA). The CFA Institute is a sponsor of the Investment Research Challenge and assists
each CFA society that decides to roll out a regional Challenge. For more information on how you can get
involved in the Texas Challenge, please contact Sharon Criswell, CFA-DFW (214-987-0860 x116) or
Leah Bennett, CFA-Houston (713-961-0462 x112).