What is the equity research challenge about?

Participants will research into companies, following a more data-driven process. This will be a great opportunity to get exposed to quantamental research and also a useful learning experience for those considering careers in investment! 

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Registration Period: 18 July 2023 - 30 July 2023 (at 2359 GMT +8) *CLOSED*

Open to graduates (Bachelor’s/Master’s/PhD) from 2020 - 2025 

Open to Individual and Group (up to 3 people) participation

Participants should have some financial background/knowledge (e.g. understanding financial statements, financial modelling, valuation etc.)

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Round 1: Report

- 28 July 2023 at 0800 (GMT +8): Release of competition questions (choose 1 out of 3 questions) and instructions via email 

- 13 August 2023 at 2359 (GMT +8): Final report due date

- 26 August 2023: Release of shortlist for Round 2 

Sample Question 1: Estimate Company A's next quarter Sales and EPS. Please show the detailed process.

Sample Question 2: Most of the recent market discussion has been surrounding the resurgence of commodities and supply-chain disruption. Gas and NGLs broke out in mid-August with the crude also following the suit more recently. However, firms within the Energy Sector would not enjoy the same benefits during the up-trend wave and strong divergence will be observed due to the heterogeneous business nature, supply-demand structure of underlying commodities and strategic reserves.

Provide detailed analysis of risk factors/drivers and follow-up implication on targeted energy-sector firm pairs: Exxon Mobil (XOM) versus ConocoPhillips (COP), each has different exposure to commodity movements. Based on the stated assumptions, underlying drivers and any specific circumstances in the analysis, present short-term and long-term relative forecasts to company’s Sales and EPS and corresponding share prices.

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Round 2: Presentation

Our Fundamental Research Team will shortlist around 5 finalists from Round 1 and they will have around a week to prepare for their presentation.

- Tentatively 2 September 2023: Online Presentation and Q&A Session

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Winner Announcement:

- Tentatively 4 September 2023: Top 5 winners will be announced via email

Cash Prizes:

- 1st prize: US$750

- 2nd prize: US$400

- 3rd prize: US$200

- 4th prize: US$100

- 5th prize: US$50

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Why participate?

- Dive deeper into equity research with questions posted by our Portfolio Managers and Fundamental Researchers who are experts in the field.

- An experience to interact and get feedback from the professionals in the field.

- Stand a chance to win a cash prize.

- The winners and any particularly impressive finalists will get a direct invitation to interview for DTL Internship/Full-time positions.

How do I participate in the competition?

Register below by submitting your details. For Group registration, please submit the details of all group members together below. Each group will only require to register once. 

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*Please whitelist our email: careers@dytechlab.com so that you are able to receive our emails in your inbox.

*Participants will be notified via email if there are any changes in the dates of the competition.

If you have any questions, please send us an email at careers@dytechlab.com.