NEW YORK, NY--(Marketwired - May 5, 2014) - Institutional Investor, one of the world's foremost media brands, announces that Michael Hartigan, an MBA student at Fordham University's Graduate School of Business, has won the 2013-2014 All-America Student Analyst Competition.
The winning undergraduate is Joel Cohen from the University of Cincinnati, while the leading school is Fordham University, which has nine students in the top 100. Robert Fuest is the faculty adviser at Fordham University.
In its second year, the All-America Student Analyst Competition pitted undergraduate and graduate students from all over the U.S. against one another in the hunt for investment returns using a professional-style trading engine. More than 2,100 students from 81 schools participated in the competition, which is supported by ALPHASEAL®, a software platform developed by Stamford, Connecticut-based Mark My Media. The platform measures the daily performance of participants' portfolios, calculating six investment factors -- net benchmark outperformance, volatility, balance sheet impact, net exposure impact, long alpha and short alpha -- employing the Russell 3000 Index as its benchmark. Three times as many students competed than did in the inaugural year, with more than double the number of participating schools.
The results suggest that it's not easy to beat the market. Not many -- only 345 participants, or 16 percent -- outperformed the Russell 3000 benchmark, which gained around 9.3 percent over the course of the competition.
The article and complete results of all ranked schools and students are available on www.institutionalinvestor.com/STUDENTCOMP
Top ranking schools include: Baruch College/CUNY; Brigham Young University; Columbia University; Cornell University; California State University; Dominguez Hills; Drexel University; Duquesne University; Fairfield University; Florida International University; Fordham University; Hofstra University; Illinois Institute of Technology; Indiana University of Pennsylvania; Indiana University; South Bend; Mercy College; Molloy College; Northeastern University; New York University; Ohio State University; Penn State; Penn State; Erie; Quinnipiac University; Rice University; Southern Illinois University; Edwardsville; St. Johns University; St. Thomas University; SUNY; Albany; Texas A&M University; Tulane University; University of California; Berkeley; University of Cincinnati; University of North Carolina at Chapel Hill; University of Texas; Austin; University of Texas; Dallas; University of Virginia; William Patterson University; Xavier University.
About Institutional Investor
For more than 45 years, Institutional Investor has consistently distinguished itself among the world's foremost financial publications with groundbreaking journalism and incisive writing that provides essential intelligence for a global audience. In addition, Institutional Investor offers a host of proprietary research and rankings that serve as respected industry benchmarks. For more information, visit institutionalinvestor.com.
About Mark My Media
Mark My Media, based in Stamford, Connecticut, produces league tables for the financial services industry and has a sophisticated software platform to track portfolios. The company's ALPHASEAL® offering helps business students bridge the gap between what is taught in the classroom and what is expected on the trading floor by giving them a tool to track stock performance along similar metrics as those used by investment professionals. Mark My Media treats data as a precious asset and allows system-users to warehouse their data on our own hardware, in a SAS-70 certified environment accessible via the cloud. For additional information on the company please visit www.markmymedia.com