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MSc students win top prize at 2025 Investment Hackathon | News

by Lucas Fernandez – World Editor

MSc Students from HEC Montréal Secure Top Prize at ⁣2025 Investment Hackathon

Montréal – A team including three students from HEC Montréal’s Master of Science (MSc) -⁤ Financial Engineering program achieved ‌first place at the prestigious 2025 Hackathon, an international⁣ investment competition held in Montréal on November 5th and 6th. The‍ victory ⁣underscores the program’s strength in quantitative finance‍ and data-driven investment strategies.

Jean-Simon Desmarais, ⁣ Venkat Narayana ⁤Ramakrishnan, and Alexis ‌Roger, collaborating with teammates Alexis Perron and Romain⁣ Mrad, ⁢distinguished themselves by developing a winning portfolio strategy based on textual data analysis. ‍Their innovative approach earned them a $15,000 cash prize.

The⁢ Hackathon,⁣ which began in September, challenged participants to⁢ construct investable portfolios comprising 50 to‍ 70 publicly traded global equities.Teams ​were evaluated initially on the quality of their written reports, with ten finalists selected to present their solutions to a panel of industry experts and academics⁣ during⁣ the live competition in November.

While the⁢ winning team represented​ HEC Montréal’s success, several other MSc students from the program ⁣also participated in the Hackathon, gaining⁢ valuable experience and showcasing their ‌skills on an international ‍stage.

Investment Hackathons: A Growing trend

Investment hackathons are becoming​ increasingly popular as‌ a means for identifying and nurturing talent in the financial‍ industry. These competitions provide a platform for students and professionals​ to apply their skills in real-world scenarios, often focusing on emerging technologies like artificial intelligence and machine learning in finance. The increasing availability of large datasets and computational power fuels this ‍trend, allowing for more refined and data-driven investment strategies.

Frequently Asked Questions about the ⁣HEC Montréal Hackathon Win

What is the HEC Montréal MSc in financial Engineering?
the MSc‍ in Financial Engineering at HEC Montréal is‌ a graduate program designed to ⁢equip ⁤students with advanced quantitative skills for ‌careers in finance. It focuses on mathematical modeling, statistical analysis, and computational methods applied to financial markets.
What was the challenge presented at⁣ the 2025‌ Hackathon?
The 2025 Hackathon challenged participants to develop investable ‌portfolio strategies utilizing textual data. This ⁤required teams to analyze and interpret information from various sources to make informed‍ investment ⁣decisions.
How were the finalist teams selected?
Ten finalist teams ⁢were⁤ selected based ‍on the quality and rigor‍ of their written reports submitted in early October. These reports detailed their proposed investment⁤ strategies and the‍ methodology used.
What is⁢ the significance of winning the Hackathon?
Winning the hackathon is‍ a meaningful achievement, demonstrating ‍the team’s ability to apply advanced financial engineering principles to solve real-world investment problems. ‌It also provides valuable recognition and a financial reward.
Did only HEC montréal students participate in the⁤ Hackathon?
No, the Hackathon‍ was an international ⁣competition, attracting participants‍ from ​various universities‌ and institutions ⁢worldwide. Though,HEC Montréal had a strong showing with multiple students involved.
What will the winning team do with the $15,000 prize?
The winning team’s plans for the prize ⁢money have not been publicly disclosed, but it is likely to be used to further their education, research, or ​investment endeavors.

We’re incredibly proud of Jean-Simon, Venkat,⁢ Alexis, Alexis, and Romain for this remarkable ⁤accomplishment! Do⁣ you have thoughts on the growing role of data science in finance? Share your comments below, ⁢or subscribe to our newsletter ‌for more⁤ updates on cutting-edge developments in the world of finance and technology.

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