Student Investment Team Reaches CFA Regional Finals

From left, Dr. Greg Filbeck, Samantha Chiprean, Kelsey Schupp, Eric Frei, Ricky Grullon, adviser Josh Armstrong, and Drew Barko.

From left, Dr. Greg Filbeck, Samantha Chiprean, Kelsey Schupp, Eric Frei, Ricky Grullon, adviser Josh Armstrong, and Drew Barko.

Credit: Penn State Behrend

A student investment team from Penn State Behrend’s Black School of Business reached the regional finals of the Chartered Financial Analyst Institute’s Research Challenge in Chicago on April 13, topping teams from nearly 1,000 other schools.

The Penn State Behrend team—Drew Barko, Samantha Chiprean, Eric Frei, Ricky Grullon, and Kelsey Schupp—spent more than 130 hours preparing a detailed financial report and one-year stock valuation for the initial competition, which was held in Pittsburgh in March.

In Pittsburgh, the team competed against students from the University of Pittsburgh, Carnegie Mellon, Duquesne and Penn State’s University Park campus. In Chicago, they won an initial round of regional competition that cut the number of teams from 106 to just 21. They outperformed students from Loyola University Maryland and Binghamton University.

“The performance of our team is a testimony to the high caliber of our students and the excellent instruction they receive from our faculty,” said Greg Filbeck, associate