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Menlo College Sweeps 2026 CFA Institute Research Challenge

ATHERTON, CA – Menlo College proudly hosted the 2026 CFA Institute Research Challenge – Northern California Finals, welcoming 19 teams from 13 universities across the Bay Area for a full day of rigorous financial analysis and professional competition.

Menlo students present their research to a crowd in a classroom.
Menlo College team presenting in Brawner Hall.

Often referred to as the “Investment Olympics,” the CFA Institute Research Challenge brings together top finance students to conduct in-depth equity research and present investment recommendations before senior industry professionals. This year’s competition centered on a comprehensive analysis of Autodesk, Inc. (NASDAQ: ADSK), a San Francisco-headquartered company.

Menlo students hold a winning trophy.
Hayley Narahar, Martin Fiala, Marc Hegel, and Donvan Kerr with their trophy.

After advancing through a highly competitive preliminary round, the students representing Menlo College, Haley Narahara, Martin Fiala, Marc Hegele, and Donovan Kerr delivered an exceptional final presentation and emerged as Northern California Champions. They will now advance to the Western U.S. Regional Finals in April, with the opportunity to compete at the Global Finals in Hong Kong in May.

The event brought together 13 colleges and universities, including Chico State, Cal State East Bay, Cal State Fresno, Dominican University, Golden Gate University, Menlo College, St. Mary’s College, Sacramento State, San Francisco State, San Jose State, UC Santa Cruz, University of Nevada – Reno, and University of San Francisco. In total, six MBA teams and thirteen undergraduate finance teams participated, with more than 100 student competitors presenting before senior investment professionals and CFA charter holders serving as judges.

The day also featured an inspiring keynote address by Menlo College Trustee Jim Davlin, whose remarks on ethical leadership, discipline in capital markets, and long-term value creation resonated strongly with students and faculty alike.

Menlo students and faculty pose with the winning trophy.
Jim Davlin, Hayley Narahar, Martin Fiala, Mouwafac Sidaoui, Marc Hegel, Donvan Kerr, Manish Tewari, and Faten Ben Bouheni.

Dr. Mouwafac Sidaoui, Vice President for Academic Affairs at Menlo College, emphasized the importance of collaboration and mentorship, stating: “We were honored to partner with the CFA San Francisco team to host this prestigious competition at Menlo College, reflecting our strong commitment to experiential learning and academic excellence. I am grateful to Trustee Jim Davlin for his inspiring keynote and proud of Professor Manish Tewari and our outstanding students, whose analytical rigor, professionalism, and teamwork demonstrate the strength of our Finance program.”

Finance Professor Manish Tewari, serving in his sixth year as Faculty CFA Team Advisor, added: “Menlo College’s continued success in the CFA Challenge reflects the strength and rigor of our Finance program. For more than a decade, our students have competed alongside top universities in this prestigious competition, consistently demonstrating exceptional analytical skill, professionalism, and teamwork. As I enter my sixth year as CFA Faculty Team Advisor, I am proud that Menlo teams have become a respected and competitive presence across the Northern California region.”

For more than a decade, Menlo College students have consistently distinguished themselves among leading institutions at the CFA Challenge. The 2026 victory reinforces the School of Business’s commitment to preparing students for leadership roles in investment management, financial analysis, and capital markets. Menlo College congratulates its winning team and looks forward to cheering them on at the Western U.S. Regional Finals, and on to the global stage.

Media Contact: pr@menlo.edu

About Menlo College:

Menlo College is a small private, nonprofit college founded in 1927 with a mission to “ignite potential and educate students to make meaningful contributions in the innovation economy.” Situated in the heart of Silicon Valley, Menlo College offers undergraduate degrees in business and psychology, as well as three graduate degrees: a Master of Science in Information Systems, a Master of Science in Financial Technology, and a Master of Arts in Sport and Performance Psychology. Menlo is designated as both a Hispanic-Serving Institution (HSI) and an Asian American, Native American, and Pacific Islander-Serving (AANAPISI) Institution.

Menlo College School of Business Earns AACSB Reaccreditation, Reaffirming Its Global Excellence in Business Education

Atherton, CA – July 9, 2025 — Menlo College is proud to share that its School of Business has once again earned reaccreditation from the Association to Advance Collegiate Schools of Business (AACSB), a distinction held by fewer than 6% of business schools worldwide.

AACSB accreditation reflects more than just meeting global standards — it represents passion, innovation, and dedication to shaping an academic environment to prepare future business leaders to succeed and make an impact, a commitment shared by faculty, staff, students, and alumni alike.

“Earning accreditation from AACSB is a significant milestone,” said Steven A. Weiner, President of Menlo College. “It’s a powerful endorsement of the excellence of our academic programs, the dedication and expertise of our faculty, and the shared vision that drives our entire community. I’m deeply grateful to everyone who helped and contributed to this achievement.”

Dr. Mouwafac Sidaoui, Vice President for Academic Affairs and Dean of the School of Business, echoed that sentiment: “This recognition validates the purpose-driven work we do every day—preparing agile, ethical, and globally minded business leaders. We take pride in building a business school that is both relevant and exceptional in an ever-evolving global landscape. We are also deeply grateful to the members of our Board of Trustees and Dean’s Executive Advisory Council, and the dedicated faculty and staff whose guidance, expertise, and mentorship are essential to our continued success.”

The AACSB review team specifically highlighted Menlo’s student-focused learning, hands-on educational approach, and deep connections with the business world. These elements are the foundation of Menlo’s mission and reflect its core belief: that great business education combines academic rigor with real-world relevance.

Since first earning AACSB accreditation in 2014, Menlo has consistently evolved to meet the changing needs of students and the global economy. Over the last 18 months, the School of Business introduced two new graduate programs—a Master of Science in Information Systems and a Master of Science in FinTech. And Menlo recently launched an enhanced, forward-looking undergraduate B.S. in AI and Analytics.

Menlo’s renewed AACSB accreditation not only reaffirms its place among the world’s leading business schools—it also enhances the value of a Menlo degree for current students, alumni, employers, and academic partners worldwide. To learn more about Menlo College School of Business and its AACSB-accredited programs, visit www.menlo.edu.

Contact Information:

Press Contact: pr@menlo.edu


About Menlo College
Located in the heart of Silicon Valley, Menlo College is a premier institution dedicated to business education. With a strong focus on personalized learning and hands-on experience, Menlo empowers students to lead, innovate, and excel in today’s dynamic global economy.

Menlo College Students Explore International Business in Inaugural Academic Global Immersion Program

Menlo College students recently visited the United Arab Emirates as part of the new Academic Global Immersion (AGI) program

Led by Dean of the School of Business Mouwafac Sidaoui, the AGI program prepares students for leadership roles through visits with global companies.

“It is valuable for students to understand cultural challenges and opportunities around the world,” Dean Sidaoui said. “Through conversations with business executives, students are able to bridge the gap between what they learn in the classroom and the implications these things have in the real world.”

Academic Global Immersion Students Feel “More Equipped”

In January of 2022, nine Menlo College students from five countries participated in the program. They met with Green Energy Solutions & Sustainability, LLC., the UAE’s Ministry of Economy, the Emirates National Oil Company, and participated in the Dubai EXPO.

“I gained insight into environmental dynamics and business trends in developing economies,” Samuele Mian ‘22 said. “I also saw the challenges and opportunities in diversifying a cosmopolitan society and a growth-oriented economy.”

“Academic Global Immersion brought a new lens into my life,” Chara Higaki ‘22 said. “I saw a world that accepted different religions and cultures as they are. I found my calling to be a voice for change and a voice for women. I feel more equipped to take advantage of my education. This will be a great tool to use for the rest of my life.” 

The AGI program will offer trips to students in January and May each year.

Academic Global Immersion Contributes to Menlo College’s Award-Winning Experiential Learning Model

All Menlo College business students participate in an academic internship program

Menlo students have interned at Apple, Deloitte, Marriott, SAP, Tesla, and Marriott. They also participate in a seminar to enhance their experiential learning.

Menlo College received the 2019 Outstanding College Work Experience & Internship Program Award from the California Internship & Work Experience Association. The award recognizes innovative programs that provide unique opportunities to gain skills and on-the-job training.

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About Menlo College

Menlo College was established in 1927. It is a small, private, non-profit, four-year, accredited, residential college located in Atherton, California. Menlo College’s location in Silicon Valley, one of the world’s most entrepreneurial and innovative geographical areas, has enabled the college to create a valuable market niche for its students locally — as well as globally. Menlo College cultivates in its students the skills, integrity, and passion to make meaningful contributions in an innovation economy.

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