Regional and Global Final
Due to the COVID-19 pandemic and the constraint it has put on CFA Institute resources, all in-person Regional and Global final events have been cancelled. These events will be operated virtually, in a similar fashion to this past season.
Addition of Sub-Regional round
CFA Institute is adding another round of competition, called the “Sub-Regional.” This addition is a long-term change – not just the 2020-2021 season. The rules of advancing from the local competitions have not changed and those winners will now enter a Sub-Regional round before advancing to the Regional.
The new advancement process will consist of: Local, Sub-Region, Regional Semifinal, Regional Final and Global Final.
Local winners will advance to the Sub-Regional, where their report will be graded and a recorded presentation will be judged without a Q&A session.
At least one team will advance from each Sub-Region to the Regional. The number of teams advancing from each Sub-Region will be determined by the number of teams competing.
The Regionals will consist of both Semifinals and Finals. Scores from these rounds of the competition will be based on presentation only.
The Semifinal, Regional Final, and Global Final rounds will be held via live virtual sessions with judges asking question in real time.