Carnegie Mellon team wins Qatar Stock Exchange competition – MENAFN.COM

SectorFinancial Markets

(MENAFN – The Peninsula) Doha: A team of students from Carnegie Mellon University in Qatar (CMU-Q), a Qatar Foundation partner university, took the top spot at the second Qatar Stock Exchange (QSE) Financial Education Competition. Eight universities took part, with CMU-Q edging out teams from Qatar University and Hamad Bin Khalifa University. The first QSE Financial Education Competition took place in 2019, with a CMU-Q team also taking first place.

The competition kicked off before the pandemic, in early 2020. Teams were given the task to value Aamal Holdings, a diversified business with holdings in four different sectors. Business administration students Haidar Al Haidar, Abraham Farooqui, Joud Ghalayini, Faiha Sahirah and Mariam Syed delved into the complicated task of valuating a company with such varied assets. Fuad Farooqi, associate teaching professor of finance at CMU-Q, noted that the analysis was much deeper than a typical valuation: ‘The submission not only included technical and fundamental analysis, but also the more...