SSEI · Equity Research Challenge · 2026

The Analyst Arena

India's Campus Equity Research Challenge

Research a business. Build your case. Defend it LIVE. 3 Rounds, ₹2.25 Lakh in cash, Placement Support + more Rewards.

Registrations open 15 Aug 2026 · Free Entry

50Colleges
3Rounds
₹10L+Worth prizes
3Winners

About

What Is The Analyst Arena?

Finance is not just about knowing concepts. It's about knowing how to use them when a real business is in front of you.

The Analyst Arena is SSEI's 3-round Equity Research Challenge where you'll research real companies, analyse the numbers, build an investment view and, if you reach the Grand Finale, present your thinking before a judging panel.

Because at SSEI, the goal isn't just to help you pass an exam. It's to prepare you to think, analyse and grow into a successful finance career.

The Analyst Arena — video thumbnail

Recognition

Trusted by institutions building finance-ready graduates.

Parul University
Auro University
Medicaps University
CT University
Inspiria Knowledge Campus
Lingaya's LDIMS
Hindu College
IITM
Ashoka University
SRCC
Shaheed Bhagat Singh College
Ramjas College
Mithibai College
Maharaja Agrasen College
Kirori Mal College
ISBF
H.R. College
Hansraj College
Khalsa College
Christ College
K.C. College
Daulat Ram College
St. Stephen's College
St. Xavier's College, Kolkata
St. Xavier's University Kolkata
South City International School
LSR
JDBI
Bhawanipur
BDMI
Masters Union

Our alumni work at

Goldman Sachs
JP Morgan
Morgan Stanley
KPMG
EY
Deloitte
PwC
HDFC AMC

How it works

Six Steps, Three Rounds

Everything is dated from your own college's seminar, so nobody starts late.
One college, multiple teams. Bring yours.

01

Register

One form, a team of 3-4 from your college.

02

Get the basics

Get the prescribed report template, research resources and permitted sources.

03

Your company arrives

Your college is assigned a company for Round 1.

04

Build the deck

Research the assigned company and submit your report within your college-specific timeline.

05

Get your scorecard

Marks against every criterion; not just pass or fail.

06

Keep going

The Top 20 teams move to Round 2, Top 8 reach the LIVE In-Person Finale.

The rounds

We Force You To Grow

You start with a company we choose. You finish with one you argue for yourself.

Round 1 · College

One company, one prescribed report

Everyone on your campus analyses the same company; so it's the analysis that separates you, not the pick.

You get
An assigned company
You submit
Equity Research Report in the prescribed template
Resources
Research resources + permitted sources
Submission
Within the notified timeline as per your submission deadline

20 teams advance

Round 2 · Sector

Your call, our sector

We hand you a sector; you find the best idea inside it.

You get
An assigned sector
You choose
A company within that sector
You submit
Equity Research Report in the prescribed template
Time
To be communicated

8 teams advance

Round 3 · Finale

LIVE In-Person In Front of the Judging Panel

A company of your choice, your research, and a judging panel asking you the questions that test how well you really know your case.

You choose
A company of your own choice
You present
Your Equity Research before the judging panel
On the day
LIVE presentation + Panel Q&A
Time
To be communicated

3 national winners

Who can enter

Whether We Visited Your Campus or Not, You Can Still Compete

Open to UG students studying at Indian colleges and universities. Form a team of 3-4 students from the same college.

SSEI came to your college?

  1. Scan the QR shared at the seminar or use your coordinator's link.
  2. Register within 3 days of the seminar.

No SSEI seminar at your college?

  1. You can still participate.
  2. Register directly from this page.

* Either way, you enter the same Round 1 and are judged on the same criteria.

Top 20 teams move to Round 2.

Prizes

Win More Than Just The Title.

The further you go, the more you unlock; cash prizes, SSEI Scholarships, certificates and finalist recognition.

The Final Stage Rewards

Winner

National Recognition + ₹1,00,000 + placement opportunities

1st Runner-Up

National Recognition + ₹75,000 + placement opportunities

2nd Runner-Up

National Recognition + ₹50,000 + placement opportunities

Get recognised with certificates at every qualifying stage.

Timeline

Challenge Calendar

Round 1 follows your college's seminar timeline.

Day 0Your College SeminarThis is where your Round 1 journey begins.
Day 3Registration ClosesComplete your team registration within 3 days of the seminar.
After RegistrationCompany + Resources ReleasedGet your assigned company, report format and permitted research resources.
Day 12Round 1 SubmissionSubmit your Equity Research Report within your college's timeline.

What Happens Next

Entry

Register once. Submit here every round.

It takes about 3 minutes. The Team Head's email will be the primary email for all challenge-related communication.

You

Your team

Member 2
Member 3

How you found us

No entry fee.
Sanjay Saraf, Founder and Lead Faculty, SSEI

The Man Behind the Challenge

Sanjay Saraf Sir began teaching finance when he was 16. More than 30 years and 10 lakh+ students later, one belief has stayed constant: finance should not end with knowing concepts; students should know how to use them in the real world.

Beyond the classroom, Sanjay Saraf Sir has spent two decades working closely with markets; across equity valuation, derivatives, fixed income, currencies and economics.

The Analyst Arena carries that same thinking forward; combining real business research, AI-enabled approach to finance, independent thinking and practical market analysis to take finance learning beyond the classroom.

FAQ

Quick answers

Do I need to attend the seminar?

No. Register here and you enter Round 1 on the same terms as everyone else.

Can I enter alone?

No; teams have 3-4 members. Ask your coordinator to connect you with other interested students.

Can my team be from two colleges?

No. All team members must be from the same college.

Can multiple teams participate from the same college?

Yes — team size should be 3-4, but multiple teams can participate from the same college.

How does a small college compete with a big one?

Every submission is evaluated on the same fixed criteria. The Top 20 teams overall advance to Round 2.

What does AI scoring mean?

Your submission will be scored on a fixed evaluation criteria; including 20% for research quality, 20% for presentation, along with other defined parameters.

Do I need paid data subscriptions?

You'll receive the permitted research sources and resources you can use for the challenge.

Is the Grand Finale offline?

Yes. Round 3 will be a LIVE In-Person finale, where the Top 8 teams present their research before the judging panel, followed by Q&A.

Three Rounds. One Call You Can Defend.

50 Teams, ₹10 Lakh+ Prize Pool, and a process you'll use for the rest of your career.

Register your team