Pavithra Paravastu (B.B.A.) used her Bloch-acquired skills to win a national portfolio competition. From October 10, 2016 through January 27, 2017, Paravastu participated in the Women’s Investment Competition, an online virtual stock simulation. Throughout the course of the competition, she competed against approximately 100 graduate and undergraduate students nationwide, including students from MIT, University of Southern California and Carnegie Mellon University.
Upon the assessment’s completion, the results showed Paravastu’s simulation to have both the highest rate of return and highest information ratio, giving her a first place finish in both categories. Furthermore, she beat the overall market by 5% over the course of the competition.
At an awards ceremony hosted by Fidelity Investments in Boston, Mass., Paravatsu received a prize of $2500, as well as an opportunity to network with professionals from Fidelity Investments, State Street and Wellington Management.
“These are the types of opportunities we love our students to take part in,” said John Clark, Interim Chair of the Bloch School Department of Finance. “Pavithra is a great example of how our students can successfully turn what they learn in the classroom into real life application.”