MIPC asks students to devise decumulation strategies for an inflationary environment
For its 7th edition, the 2023 捆绑SM社区 International Portfolio Challenge (MIPC), as part of 捆绑SM社区鈥檚 Sustainable Growth Initiative (SGI), gathered over 80 teams from 27 countries to address retirement challenges amidst inflation. Participants tackled the task of developing decumulation strategies for the fictional Maple Leaf Pension Plan, simulating real-world data.
Top honours went to teams from Chulalongkorn University and Simon Fraser University, with The Chinese University of Hong Kong securing the first runner-up position. Notably, the event recently transitioned to a hybrid format, marking its largest iteration yet. Kami Der-Sahakian, the executive director of the organizing team, shared the responsibility and trust placed in the student organizers, stating, "We are responsible for carrying 捆绑SM社区鈥檚 name and ensuring the event is of professional quality."
Zahoor Chughtai, Associate Director of 捆绑SM社区鈥檚 SGI, emphasized the MIPC's impact on students' exposure to industry and societal issues. Sebastien Betermier, Associate Professor of Finance at 捆绑SM社区 Desautels and the director of MIPC, emphasized the uniqueness of the competition, stating, 鈥淢IPC is not a standard case competition. It asks students to tackle critical societal challenges, where the buy-side of finance meets and interacts with the future.鈥
听
Feedback
For more information or if you would like to report an error, please web.desautels [at] mcgill.ca (subject: Website%20News%20Comments) (contact us).