Analyst Program

TSIC Analyst Application - 2025/2026

Hi All,

For this year’s application, please submit an investment memo on one of the following five companies:

• Canadian National Railway Co (TSE: CNR)

• Crocs Inc (NASDAQ: CROX)

• dentalcorp Holdings Ltd (TSE: DNTL)

• Netflix Inc (NASDAQ: NFLX)

• Royal Bank of Canada (TSE: RY)

Please include a company overview, investment theses, valuation, and risks/catalysts section. The memo should be no more than two pages (excluding appendix), single-spaced. Please reach out to Karim Sageev (k.sageev@mail.utoronto.ca) or Luka Petkovic (luka.petkovic@mail.utoronto.ca) if you have any questions.

Applications are due Saturday, April 26th at 11:59 PM EST.