The New York Society of Security Analysts (NYSSA) announced that MICROS Systems, Inc. (NASDAQ: MCRS) is the subject company for the New York regional competition of the CFA Institute Research Challenge.

MICROS Systems, Inc. (NASDAQ: MCRS), headquartered in Columbia, Maryland, is the world’s leading developer of enterprise applications serving the hospitality and specialty retail industries. MICROS serves table service and quick service restaurants, hotels, the leisure and entertainment industry, and specialty retail stores, with complete information management solutions including software, hardware, enterprise systems integration, consulting and support.

The CFA Institute Research Challenge is a global competition which tests the analytic, valuation, report writing, and presentation skills of university students. Local CFA societies host and launch local competitions involving teams of business and finance students from participating universities who work directly with a local company in researching and preparing a company analysis.

This year the New York regional competition has grown to 23 schools:
  • Zicklin School of Business, Baruch College
  • School of Management, Binghamton University
  • School of Business, The College of New Jersey
  • The College of Staten Island
  • Johnson School of Business, Cornell University
  • Tuck School of Business, Dartmouth College
  • Dolan School of Business, Fairfield University
  • School of Business, Fordham University
  • Frank G. Zarb School of Business, Hofstra University
  • Hagan School of Business, Iona College
  • School of Business, Montclair State University
  • School of Management, New Jersey Institute of Technology
  • Stern School of Business, New York University
  • Lubin Business School, Pace University
  • Queens College
  • Quinnipiac University
  • Rutgers Business School, Rutgers University
  • Stillman Business School, Seton Hall University
  • Tobin College of Business, St. John’s University
  • University at Albany, State University of New York
  • Howe School of Technology Management, Stevens Institute of Technology
  • College of Business, Stony Brook University
  • Cotsakos College of Business, William Paterson University

Each team prepares a written research report and gives a preliminary presentation to professionals who will select four finalists. The “final four” will present their research to a panel of respected Wall Street experts on February 16, 2012 and the winner is selected based on combined scores for the written report and oral presentation. The New York regional winner will advance to the CFA Institute Research Challenge Global Final on April 11, 2012.

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The New York Society of Security Analysts (NYSSA) is a leading forum for the investment community. NYSSA’s mission is to promote best practices and the highest professional and ethical standards in the industry. With 10,000 members, NYSSA is the largest of the 135 societies worldwide that make up CFA Institute, which has over 105,000 members. For more information about NYSSA, please visit Follow NYSSA on Facebook, Twitter and Finance Professionals’ Post.

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