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Baruch College Students Lead the Way in Inaugural Institutional Investor All-America Student Analyst Competition

NEW YORK, NY - April 30, 2013 - Institutional Investor magazine announced the results of its first-ever All-America Student Analyst Competition, a contest that allowed undergraduate and graduate students in finance to test their mettle against like-minded participants to develop the best simulated stock portfolios.

Overall, 34 colleges and universities participated in this contest, totaling just under 700 students from the United States. Baruch College had the most students who finished in the Top 100 Overall Ranking, with 13 students.

The following Baruch students placed in the Top 100 Overall Ranking: Benjamin Chung (undergraduate), 3rd place; Ruming Huang (undergraduate), 4th place; Edwin Huang (undergraduate) 7th place; Michael Jimney (undergraduate), 9th place; Rigoberto Garcia (undergraduate) 22nd place; Ashfaq Khandaker (undergraduate) 27th place; Amir Mohsen Danesh Yazdi (undergraduate), 28th place; Pedro Orta (undergraduate) 37th place; Xiaodong Pan (undergraduate) 50th place; Rachid Afane (undergraduate) 65th place; Vivian Tsoi (undergraduate) 69th place; Manuel Cifuentes (undergraduate) 94th place; and Quan Lin (undergraduate) 95th place.

The All-America Student Analyst Competition, which ran from September 2012 through January 2013, was a collaborative event between Institutional Investor and Mark My Media, a Stamford, Connecticut–based firm that has built a sophisticated software platform to track portfolios of the participants. Performance was graded quantitatively on multiple factors to determine the overall winners, as well as those in seven different industry sectors.

Students started their portfolios with $100,000 each and had to follow Regulation T, the Federal Reserve Board rule designating a 50 percent major requirement on initial stock purchases. They were then free to trade in any of the seven Industry Sectors: Basic Materials, Capital Goods/Industrials, Consumer, Energy, Financial Institutions, Health Care and Technology, Media & Telecommunications. The trading books were maintained in a dedicated server that sits in an SAS-70 security-rated co-location facility similar to those financial institutions use.

In the Industry Sectors, Baruch College was well-represented by its students. Jason Tong, placed 3rd in the sector of Energy. In the Financial Institutions sector, Jason Tan placed 5th, Vivian Tsoi finished in 11th and Rigoberto Garcia placed 15th. In the Technology, Media & Telecommunications sector, Sharaf Islam finished in 11th place.

Baruch’s Manuel Cifuentes finished in first place in the Long Alpha category, riding penny stock EP Global Communications, an Irvine, California-based medical device manufacturer and marketing company. The stock was trading under 1 cent per share when Cifuentes, a finance major, picked it up and had risen to 4 cents by the end of January.

In the Short Alpha category, Ding Siu Lau, placed 7th, Hajun Lee placed 9th, Sanguk Kim placed 13th, Edwin Huang placed 14th, Vivian Tsoi and Heather Alicia tied for 18th place.

In the Net Benchmark Outperformance category, Ruming Huang ranked 2nd, Manuel Cifuentes ranked 15th, Benjamin Chung ranked 16th, and Edwin Huang ranked 18th.




About Baruch College:

Baruch College is a senior college in the City University of New York (CUNY) with a total enrollment of more than 17,000 students, who represent 160 countries and speak more than 100 languages. Ranked among the top 15% of U.S. colleges and the No. 5 public regional university, Baruch College is regularly recognized as among the most ethnically diverse colleges in the country. As a public institution with a tradition of academic excellence, Baruch College offers accessibility and opportunity for students from every corner of New York City and from around the world. For more about Baruch College, go to



Manny Romero, (646) 660-6141,

Mercedes Sanchez, (646) 660-6112,


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