9th FINEX ICFC

[Hulk]

It's that time of the year again.

Dates to remember:
Eliminations - Sept. 21, 2007 (Friday)
Luzon & Metro Manila - Meralco Theater
Central & Eastern Visayas - Cebu Institute of Technology
Western Visayas - Univ. of St. La Salle
Mindanao - Xavier University

Finals - October 15, 2007 (Monday)
Bangko Sentral ng Pilipinas

Some new things:
1. Ethics (based on CFA Standards of Practice) is part of the Body of Knowledge in the Moderate Round
2. Singapore Management University (SMU) will be competing in the Finals
3. Only one per group will automatically qualify in the Finals, then everybody else will be ranked nationally to determine the 20 local finalists to compete with SMU.

Bring your schools IDs if you want to watch. See you there!

Presented by:
FINEX, CFA Philippines & the AIM-JBF Center

Sponsored by:
Citi, Meralco, Vista Land, HP Calculators & the Bangko Sentral ng Pilipinas

[grim_reaper1814]

Too bad, hindi ako nakasama sa school team namin to think na i'm the most prepared sa mga pinagpilian. Talagang ganyan. I was even feeling that our school would finally make it to the finals this time around. Kaya lang, hindi ako nakuha. Goodluck na lang sa kanila. Imagine, nag-triple degree program ako to prepare for this: Accounting, Finance, and Economics. I even thought of enrolling in another university just to be able to join this competition. Imagine the repercussions kung tinuloy ko yung balak ko at tinalo ko yung team na nagreject sa akin. Haha Anyway, wala namang nasayang sa mga preparations ko. Hindi naman yan yung ultimate goal ko.

[rainmaker5821]

kewl. sayang i won't be in the country to watch it. I sooo love watching it especially last year. grabe. down the wire.

would anyone know if may internet feed na siya this year? every year they say meron pero we never get to see it. haha.

[udo_draco]

grim_reaper1814 is sourgraping

[silliman]

Wow! I miss this one. Ang bilis ng panahon. Last year I was a national finalist. Sobrang exciting talaga to lalo na sa finals last year...yung UP vs ADMU...grabe!..

[ozzakii]

When it comes to accountancy, finance, economics, general management and marketing... UP Diliman, like we all know, stands head and shoulders over the rest of the schools in the whole Philippines. The UP students are said to be the brightest students in the entire Philippines. Almost ALL major competitions are won by UP students. But let's see how the UP team (for this year) will compare with the best business students from Singapore. My money is with the UP Diliman team.

[rainmaker5821]

Another thing I'm really interested in would be La Salle's performance this year. They are the 2nd winning-est team in the competition but did relatively bad last year. I wonder how they prepared for this year.

Any Lasallite / Lasallians out there, your thoughts?

[n3X]

Originally Posted by ozzakii

When it comes to accountancy, finance, economics, general management and marketing... UP Diliman, like we all know, stands head and shoulders over the rest of the schools in the whole Philippines. The UP students are said to be the brightest students in the entire Philippines. Almost ALL major competitions are won by UP students. But let's see how the UP team (for this year) will compare with the best business students from Singapore. My money is with the UP Diliman team.

This will be exciting. Siyempre coming from UP, i hope our team wins over SMU (if ever they reach the finals, which is very likely naman). I wish all the schools luck.

[2002-17545]

Good luck UP! =D

[bulakanlaguna]

maririnig ko na naman ba ulit ang mga excuses ng DA ateneo?

kung meron lang finance and accounting course blah blah.

[grim_reaper1814]

Originally Posted by udo_draco

grim_reaper1814 is sourgraping

I'm not sourgraping. Winning the competition is one of my goals but not necessarily the ultimate goal in my life. I would love to be a CFA charterholder. That is an ultimate goal for me. To achieve that, I have set several smaller goals. One of which I mentioned above. Unfortunately, it seems that it would not be possible for me to do it (the small goal). Life would not stop for me. If I don't achieve it, then I'll proceed to the next goal for me to achieve. I don't think that's sourgraping.

Anyway, there is still a slim chance for me to make it to the team. Many things can happen before September 21.

[bluethehero]

^ pero ang alam ko, days before the competition, fina-fax na ang names ng participants and their IDs. alam mo, di rin naman kawalan ang ginawa mo eh. believe me, when you enter the corporate world, moreso an investment house, you will rock. who knows? baka right after graduation at nagCFA exams ka, maging CFA level 1 ka agad.

Hulk ano kaya ang malaki ang weight? tatadtaran nyo ba yan ng equity and debt valuation? economics? financial statement analysis? indeed, surprising ang pagkakasama ng ethics.

[Hulk]

Here's the weightings of the test bank for the Difficult Round:
Quantitative Analysis 14%
Economics 12%
Financial Statement Analysis* 26%
Corporate Finance 7%
Equity Investments 10%
Fixed Income 12%
Derivatives 5%
Alternative Investments 8%
Portfolio Management 6%
Total 100%

Sa Medium Round 1/3 of the test bank is Ethics, the remaining 2/3 follows the weightings above.

Hopefully I can post the groupings soon.

[Hulk]

There will be six (6) groups in the Elimination Round. Only the top team from each group automatically qualifies. Everybody esle will be ranked nationally.

We have a total of sixty-eight (68) schools participating this year. SMU is already ceded to the Finals.

NCR-GROUP 1
1. Adamson University
2. Arellano University
3. Assumption College
4. De La Salle University – Manila
5. Dr. Filemon C. Aguilar Memorial College
6. Lyceum of the Philippines
7. Pasig Catholic College
8. Polytechnic University of Philippines
9. University of Santo Tomas (Seeded #4)
10. University of the East – Caloocan
11. University of the Philippines – Diliman (Seeded #1)

NCR - GROUP 2
1. Ateneo de Manila University (Seeded #2)
2. Centro Escolar University
3. Chiang Kai Shek College
4. Colegio de San Juan De Letran
5. Emilio Aguinaldo College
6. Far Eastern University (Seeded #3)
7. Miriam College
8. New Era University
9. Pamantasan ng Lungsod ng Maynila
10. San Beda College
11. St. Paul University - Manila
12. University of the East – Recto

LUZON
1. Adventist University of the Philippines
2. Angeles University Foundation
3. Ateneo de Naga University
4. Central Luzon State University
5. Columban College
6. De La Salle University –Lipa
7. De La Salle University – Dasmariñas
8. Holy Angel University
9. Manuel S. Enverga University Foundation
10. Pamantasan ng Cabuyao
11. Saint Louis University - Baguio
12. Saint Mary’s University – Bayombong
13. Tarlac State University
14. University of Baguio
15. University of Nueva Caceres

WESTERN VISAYAS
1. Binalbagan Catholic College (Registered)
2. Carlos Hidalgo Memorial State College (Registered)
3. Central Philippine University (Registered)
4. Colegio San Agustin - Bacolod (Registered)
5. Fellowship Baptist College – (Registered
6. La Consolacion College – Bacolod(Registered)
7. University of St. La Salle (Registered)
8. University of the Philippines in the Visayas – Iloilo (Registered)

CENTRAL AND EASTERN VISAYAS
1. Cebu Institute of Technology
2. Colegio de Santa Catalina de Alejandria
3. Foundation University
4. Holy Name University
5. Silliman University
6. St. Paul University – Dumaguete
7. University of Cebu – Lapu-lapu and Mandaue
8. University of San Carlos
9. University of San Jose Recolletos
10. University of Southern Philippines Foundation
11. University of the Philippines in the Visayas - Cebu College
12. University of the Visayas

MINDANAO
1. Ateneo de Davao University
2. Father Saturnino Urios University
3. Mindanao State University –Iligan Institute of Technology
4. Notre Dame of Marbel University
5. Notre Dame University – Cotabato City
5. University of Mindanao – Davao City (Main)
7. University of Mindanao – Tagum College
7. University of the Immaculate Conception
9. Xavier University Ateneo de Cagayan

Note: Seeds are based on last year's performance.

[silliman]

naalala ko last year, iyakan to the max talaga yung mga taga lasalle after the contest...

good luck to all provincial schools... one per group na lang pala ngayon..

God bless SU.

[ozzakii]

Why was it that UP and AdMU were not in the same group?? Strange.

SMU is already ceded to the Finals.

I think that's a little bit unfair to our local schools. To be frank about this; what is SMU compared to UP (or even DLSU)?? If SMU was that great a school is in finance, accountancy or economics, it must work its butt of by letting its participants go through just exactly what the local schools' participants will go through.

[udo_draco]

ang pangit. one per group na lang!

[Hulk]

The one qualifier per group rule actually came from the clamor of different schools who were being eliminated despite having far higher scores than qualifiers from other groups. Remember twenty (20) local schools will still qualify. The other 14 will be determined based on their score ranking nationally.

UP-Diliman and Ateneo are in separate groups because they finished 1-2 last year.

I think that's a little bit unfair to our local schools. To be frank about this; what is SMU compared to UP (or even DLSU)?? If SMU was that great a school is in finance, accountancy or economics, it must work its butt of by letting its participants go through just exactly what the local schools' participants will go through.

This is just a step towards making the competition regional. We have to get the interest of regional schools first. And flying and lodging them twice here is quite expensive. Kapag malaki na yung event, then we can have a regional site in HK or Singapore for the Elims.

About SMU, SMU is a CFA program partner school and the ICFC is based on the CFA Level 1 exam. The only school in the Philippines that can claim to be a CFA program partner school is AIM.

[ozzakii]

bukas na ito.

[cHaSeR]

Any updates on the eliminations?