The student team of IBSS won the Excellence Award in the S&P Global Market Intelligence Corporate Valuation Challenge

From mid-September to the end of October 2024, the student team DreamOn from the International Business School Suzhou at Xi'an Jiaotong-Liverpool University (XJTLU) participated in the 6th S&P Global Market Intelligence Company Valuation Challenge. In the recently announced competition results, the DreamOn team distinguished itself among over one hundred participating teams nationwide and was awarded the Merit Award.

DreamOn团队成员

Xinyi Zhang, a student from BA Accounting of IBSS, served as the team leader for this competition, leading fellow team members Yiwei Liu, Ruoxian Li, and Yashinta Hartono in representing the school. The competition was guided by Dr. Jiang Jin and Dr. Lu Xiangyun, assistant professors from the Accounting Department of IBSS. Throughout the competition, the mentors provided comprehensive support and expert guidance, facilitating the team's deep understanding of complex financial models and analysis methods, thereby enhancing the quality of their report. Their extensive teaching experience and industry background offered invaluable insights and recommendations, which significantly contributed to the DreamOn team's outstanding performance among numerous competitors.

This competition requires each team to select one of the five pre-prepared gold mining listed companies by the organizer for a comprehensive valuation analysis. The DreamOn team chose one of the representative gold mining companies as the research object and carried out detailed industry analysis, company analysis, financial forecast, company valuation (including discounted cash flow method and relative valuation method), calculation of company bond coupon and risk factor assessment, etc. Through in-depth research and data analysis, team members not only grasped the latest developments and trends of the gold mining industry, but also learned how to use multiple valuation methods to scientifically and reasonably evaluate the value of enterprises.

S&P Global Market Intelligence is a financial market and economic data provider for banks and asset management firms, research companies, and academic institutions. Through its annual Corporate Valuation Challenge, S&P aims to provide student participants with real-world company valuation experience through access to S&P Capital IQ’s sophisticated analytical tools. Proficiency with these analysis tools, used by Wall Street and various top financial institutions at home and abroad, will serve as a foundation for our students to become the next generation of top talent in global finance.