{"id":2902,"date":"2026-05-22T17:51:35","date_gmt":"2026-05-22T17:51:35","guid":{"rendered":"https:\/\/business.cornell.edu\/centers\/?page_id=2902"},"modified":"2026-08-06T14:23:54","modified_gmt":"2026-08-06T18:23:54","slug":"cayuga-fund-credit-research-challenge","status":"publish","type":"page","link":"https:\/\/business.cornell.edu\/centers\/parker\/news-events\/cayuga-fund-credit-research-challenge\/","title":{"rendered":"Cayuga Fund Credit Research Challenge"},"content":{"rendered":"<div class=\"intro-text global-spacing--3x dotted-line-start\">\n  <div class=\"acf-innerblocks-container\">\n\n<p>Students learn credit research techniques and review their Cayuga Fund fundamental stock research reports for credit ideas. Each sector team selects one debt issue to study.<\/p>\n\n<\/div>\n<\/div>\n\n\n\n<p>Teams prepare detailed credit reports and present their recommendations in a 5-minute (with 5 minutes for Q&amp;A) competition, in early April, to the class and our guest judge. Grading criteria include analysis of financing purpose and collateral, potential for distress, industry and financial analysis, valuation, covenants and liquidity.<\/p>\n\n\n\n<p>This year\u2019s guest judge, for the eighth year was Cornell alumnus (and parent) Matthew Torpey, Senior Credit Research Analyst at Invesco Ltd.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-2026-credit-research-challenge-winners-the-industrials-team\">2026 Credit Research Challenge winners: The Industrials Team<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"773\" src=\"https:\/\/business.cornell.edu\/wp-content\/uploads\/sites\/6\/2026\/08\/Industrials-Team-Photo-1-1024x773.jpg\" alt=\"2026 Cayuga Fund Credit Research Challenge winning team posing against a wood wall.\" class=\"wp-image-14826\" srcset=\"https:\/\/business.cornell.edu\/wp-content\/uploads\/sites\/6\/2026\/08\/Industrials-Team-Photo-1-1024x773.jpg 1024w, https:\/\/business.cornell.edu\/wp-content\/uploads\/sites\/6\/2026\/08\/Industrials-Team-Photo-1-300x226.jpg 300w, https:\/\/business.cornell.edu\/wp-content\/uploads\/sites\/6\/2026\/08\/Industrials-Team-Photo-1-768x580.jpg 768w, https:\/\/business.cornell.edu\/wp-content\/uploads\/sites\/6\/2026\/08\/Industrials-Team-Photo-1.jpg 1125w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">The Industrials Team (left to right): Kihyun Han (lead), Bryce Sonsteng, Lane Grooms, Joomi Kang.<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Teams prepare detailed credit reports and present their recommendations in a 5-minute (with 5 minutes for Q&amp;A) competition, in early April, to the class and our guest judge. Grading criteria&hellip;<\/p>\n","protected":false},"author":48,"featured_media":0,"parent":2091,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"leadership":[],"class_list":["post-2902","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.9 (Yoast SEO v27.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Cayuga Fund Credit Research Challenge - Cornell College of Business<\/title>\n<meta name=\"description\" content=\"Students learn credit research techniques and review their Cayuga Fund fundamental stock research reports for credit ideas. Each sector team selects one\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/business.cornell.edu\/centers\/parker\/news-events\/cayuga-fund-credit-research-challenge\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cayuga Fund Credit Research Challenge\" \/>\n<meta property=\"og:description\" content=\"Students learn credit research techniques and review their Cayuga Fund fundamental stock research reports for credit ideas. 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