On September 16, more than 50 volunteers from 100 Women in Finance and J.P. Morgan worked with 48 students, all women aged 18-25, at the 100WF University Investment Hackathon held at one of J.P. Morgan’s offices in Hong Kong. The students were challenged to research and analyze stocks and present their stock picks to a panel of judges. This format was established to provide an opportunity for college-aged women to gain experience in research and stock analysis and to learn what it’s like to be a buy-side/fund house analyst.
Taking place over a 14-day period, the program began on September 2 with a virtual briefing session for all 48 students who were divided into teams and assigned a mentor from J.P Morgan or 100WF.
On September 16, students and mentors met for Hackathon Day where they were challenged to analyze three HK/China consumer discretionary stocks (BYD, China Resources Beer, and Trip.com) and provide one recommended stock with a suggested sizing of 1%, 0.5% or 0.25% based on their conviction.
At the conclusion of the activities, each team gave a four-minute presentation to the judges (three from J.P. Morgan, one from CFA Society, and two from 100WF).The judges and fictitious CFO/IR gave valuable feedback to each team and awards were then presented to the champion, first runner-up, and second runner-up. The champion team was awarded a dinner with a senior female leader in this industry.
It was a great Saturday morning with industry practitioners and young female talent exploring the world of finance as a potential career path!
To learn more about 100WF’s Investing in the Next Generation Initiatives: