Pitch Competition advice

Based on the most helpful WSO content, here are some key points for getting accepted to undergraduate pitch competitions and what makes a good pitch:

Getting Accepted to Undergraduate Pitch Competitions:

1. Network and Referrals:

   • Use your network to get referrals. Referrals can significantly increase your chances of getting accepted.

2. Include a Pitch with Your Application:

   • If your background isn't top-tier, include a well-thought-out pitch with your resume. This demonstrates your ability to understand a business, model, and conduct primary research.

What Makes a Good Pitch:

1. Fully Developed Pitch and Report:

   • Have at least one fully developed pitch and corresponding report as a work sample. This will be something to talk about during the interview and demonstrate your strengths.

2. Customization:

   • Customize the pitch for the place you are applying to. Have two pitches at your disposal: one "buy" and one "short." These should be comprehensive and fully developed.

3. Model and Valuation:

   • Create a model from scratch over a long period. The valuation method should include deriving projections from your thesis, stress-testing projections, and deriving a range of values for the business. Understand what will cause the market to realize the intrinsic value of the asset and get the timing of the catalyst correct.

4. Depth of the Model:

   • The model should be deep enough to answer any concerns or questions the interviewer may have. It should demonstrate your technical/analytical skills and your ability to dive through detailed information to create the pitch.

5. Key Elements to Include:

   • Technical/Analytical Skills: Highlight your ability to create detailed models.
   • Passion for Investing: Show your dedication by discussing the extensive research and due diligence you conducted.
   • Intellectual Integrity: Discuss what you learned during the due diligence process.

Additional Tips:

• Speak Confidently: Be prepared to speak confidently on any concerns or questions the interviewer may have.
• Demonstrate Peak Ability: Your pitch should demonstrate your peak ability to understand a business, model, and conduct primary research.

For more detailed guidance, you can refer to the resources available on Wall Street Oasis, such as the WSO Elite Modeling Package and various interview prep courses.

Sources: Wall Street Mentors - How to Perfect your Personal Pitch, https://www.wallstreetoasis.com/forum/hedge-fund/advice-on-hf-recruiting?customgpt=1, Stock Pitch Sample Template - Proven Examples to Help Ace Your Interview, Breaking into buy-side equity research - my experience, Stock Pitch Sample Template - Proven Examples to Help Ace Your Interview