The Ben Graham Centre for Value Investing held its annual International MBA Stock Picking Competition in Toronto, Ontario, Canada, on April 7, 2025.
Teams from MBA schools from around the world competed for $14,000 in cash prizes. Three finalist teams made presentations to a panel of distinguished value investors. On April 8, the finalist teams attended the Ben Graham Centre’s Value Investing Conference where the winners were announced.
REGISTRATION CLOSED
Competition Winners
Fifteen teams registered in the 2025 International MBA Stock Picking Competition and contributed to the Competition’s success. Schools that participated put forward excellent research reports in the first round of the Competition making the judges' choices for the final round challenging.
Three teams were selected to participate in the Competition finals held on April 19, 2024. The panel of judges was thoroughly impressed by all three presentations. The finalist teams were ranked as follows:
1st Place: Barna Management School
Team members: Angel Cortina, Massiel Hahn Ceara, Mirtha Perez Sena
2nd Place: Ivey School of Business, Western University
Team members: Maha Amjad, Smarth Narula, Karanvir Singh
3rd Place: Smith School of Business, Queen's University
Team members: Alexander Daicar, Alexander Rogeres
Media Coverage
"School from the Caribbean win the Ivey International MBA Stock Picking Competition"
Ivey News, April 10, 2025
"2025 International MBA Stock Picking Competition - Hanesbrands Inc: Are There Any Puffs Left"
Hedge Fund Alpha Media Coverage, April 7, 2025
"2025 International MBA Stock Picking Competition - Hanesbrands: Undervalued or Just Underwhelming"
Hedge Fund Alpha Media Coverage, April 7, 2025
"2025 MBA Stock Picking Competition: QUAAF Analysts Say Munger Analysis Points To HBI Buy"
Hedge Fund Alpha Media Coverage, April 7, 2025
Competition Photos
Coming Soon
Timetable
TEAM REGISTRATION
Team registration opened at 9:00 AM EST on October 11, 2024.
Teams, consisting of up to three students, registered by 11:59 PM EST on January 13, 2025.
Registration was capped at a maximum of 30 MBA programs (or equivalent Masters' programs). Multiple teams per school could register and participate in the 1st round, but only 1 team per school may advance to the 2nd round.
ATTENDEE REGISTRATION
Attendee registration opened at 9:00 AM EST on January 13, 2025, and closed at 11:59 PM EST on March 31, 2025.
1st ROUND
‣ In the 1st round of the Competition, a list of stocks to choose from was shared with participating teams at 9:00 AM EST on January 20, 2025.
‣ Teams submitted a research report of their chosen stock to the Competition Managers by no later than February 3, 2025 at 7:59 AM EST.
‣ Three teams chosen as finalists (only 1 team per school) will be notified by 3:59 PM EST on February 18, 2025.
2nd ROUND
‣ In the 2nd round of the Competition, a new company to analyze and value was given to each finalist team at 9:00 AM EST on March 21, 2025. This stock was the same for all finalist teams.
‣ Each finalist team submitted their final PowerPoint presentation, no later than 7:59 AM EST, on March 31, 2025, to the Competition Managers.
‣ Each finalist team was invited to present their respective analyses on April 7, 2025, to a panel of distinguished value investors.
‣ The finalist teams were invited to attend the Ben Graham Centre’s 2025 Value Investing Conference on April 8, 2025, where the winners were announced in Toronto, Ontario, Canada.
‣ Each of the top three finalist teams are guaranteed a cash prize, with first place awarded $8,000, second place $4,000 and third place $2,000.
Learn More about the Competition
Thank you to our Donors
We would like to thank our donors for their generous support. Platinum Donors: Burgundy Asset Management Ltd., Robotti & Company Advisors, and Stacey Muirhead Capital Management. Gold Donors: Bristol Gate Capital Partners Inc., and The Center for the Advancement of Value Investing Education. Silver Donors: Highwood Value Partners, Lionridge Capital Management, and Peters MacGregor Capital Management.
