A. Stotz Investment Research awarded 939 Women in Valuation scholarships to recipients from 25 countries. In this third round, A. Stotz Investment Research partnered with CFA Society Nigeria to bring this global initiative to support women of Nigeria to become experts in company valuation and enter the financial industry at higher levels of responsibility and compensation. Recipients receive full access to the 150-hour Valuation Master Class, the “Bootcamp for Valuation.”
On Friday, August 22, 2020, A. Stotz Investment Research concluded the application process for its third round of the Women in Valuation scholarship. At the full course price, the 939 scholarships awarded were valued at US$939,000.
The youngest recipient was 17 years old, the oldest was 50, with the average being 27. Sixty-six percent of scholars had a bachelor’s degree, 16% a master’s degrees, and 13% a high school degree. Thirteen recipients had an associate degree, one had a vocational degree, while three held doctorate degrees.
For those who held at least a bachelor’s degree, 33% studied accounting, 21% economics, 10% finance, 7% business administration, 5% science, 4% banking and finance, 4% law, and 3% engineering. The remainder studied management, education, computer science, marketing, mathematics, actuarial science, English, public administration, statistics, and international business.
Scholars came from 25 countries with 775 from Nigeria, 50 Bangladesh, 36 Philippines, 22 Ghana, 10 India, 7 South Africa, 7 UK, 6 Kenya, 4 Canada, 3 Thailand, 3 USA, 2 Indonesia, and 2 Singapore. One recipient each came from Australia, Botswana, China, Colombia, Cyprus, Egypt, Georgia, Ireland, Kyrgyzstan, Lebanon, Pakistan, and UAE.
“The cooperation with CFA Society Nigeria has allowed us to bring the scholarship to more than seven hundred women in Nigeria,” said Andrew Stotz, CEO of A. Stotz Investment Research. “The energy of this intake has been amazing, and it has been great to watch recipients from the same country connect and start supporting each other as they progress through the Valuation Master Class course content.”
CFA Society Nigeria is a local member society of CFA Institute, the global association of investment professionals that sets the standards for professional excellence and credentials. The CFA Institute is a champion for high ethical standards in the financial markets and a respected source of knowledge in the global financial community. The end goal is to create an environment where investors’ interests come first, markets function at their best, and economies grow.
A. Stotz Investment Research, a Hong Kong-based firm that advises financial institutions, created the online Valuation Master Class in 2017. Students refer to the course as the “Bootcamp for Valuation” because of the nearly 200 hours it takes to complete. It is considered the complete, proven, step-by-step course to guide anyone from novice to valuation expert and has had more than 2,000 people enrol. The course is taught by former number-one-voted financial analyst Dr. Andrew Stotz, CFA.