ECON MUNI students achieved great success in the CFA Research Challenge

7 Mar 2025 Dagmar Vágnerová Linnertová

The winners of CFA Research Challenge standing in front of ECON MUNI building.

A team of students from the Faculty of Economics and Administration at Masaryk University, consisting of Adam Stehlík, Libor Batelka, Jan Kalina, Marek Stojaspal, and Jan Macháček, achieved significant success in the prestigious CFA Research Challenge, securing second place. The students presented their analytical report on KARO Leather a.s., in which they conducted a detailed analysis of the company and its investment potential.

The CFA Research Challenge is an international competition focused on financial analysis and company valuation, bridging academic knowledge with real-world investment practice. The success of the ESF team demonstrates the high level of education and the students' ability to effectively apply their knowledge in a competitive environment.

Congratulations to the team on their outstanding achievement, and thank you for representing the faculty so well!


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