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UFS team makes it to top four in CFA University Research Challenge

18 November 2020 | Story Dr Nitha Ramnath | Photo Supplied

CFA CHALLENGE_web read more — The UFS team, from the left: Monique Harcourt, Dawid Potgieter, Atalanta Watson, and Zoe Travers.

One of two teams from the University of the Free State (UFS) performed exceptionally well and made it to the top four in the extremely competitive local Chartered Financial Analyst (CFA) University Challenge.

The CFA Society South Africa recently hosted the 12th annual local edition of the CFA Institute University Research Challenge. The research challenge is an annual global competition in equity research hosted by the CFA Institute, a global representative body for chartered financial analyst (CFA) charter holders. During the research challenge, teams from different universities locally and internationally compete on three levels – more than 1 000 universities compete annually.

"Taking part in the CFA challenge was a wonderful opportunity where we learnt new skills and gained industry-specific experience, which will be invaluable to us as we graduate and embark on our journey as professionals. We are proud to have represented Kovsies in the finals and this proved to us, once again, that hard work pays off, " said the UFS team.

Two teams of four were selected to represent the UFS during the 2020 challenge. Team selection was based on students’ performance during the first semester of their BCom Honours (specialisation in Financial Economics and Investment Management) in the Department of Economics and Finance. During the challenge, students assumed the role of a (sell-side) research analyst and had to write a concise report that covered various aspects related to the company’s business activities, structure, governance, finances, etc., which was presented via Zoom to a panel of judges from the CFA Society South Africa.

Dr Ivan van der Merwe, the team’s adviser from the Department of Economics and Finance, commented: “It was a pleasure to work with a team that showed so much dedication and was willing to go the extra mile. The experience they gained during this challenge will stand them in good stead and it was a real confidence builder for them to successfully complete a very stressful live presentation and subsequent question session. They made us proud and set the standard for aspiring Finance students at Kovsies.”

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Krieket - Kovsies klop SUT

2005-01-31

Johan de Jager - Volksblad OFSKOON die spanne nie op volsterkte was nie, was die superligawedstryd tussen die Universteit van die Vrystaat (UV) en die Sentrale Universiteit vir Tegnologie, Vrystaat (SUT), Saterdag op Tokkiepark in Bloemfontein 'n toonbeeld van goeie klubkrieket. Die Kovsies het hul onoorwonne rekord behou toe hulle met ses paaltjies geseëvier het. Hulle het die wenteiken van 233 lopies in die 48ste boulbeurt oortref. Die voormalige kaptein Gerald Fourie (95 nun) het die aanslag gelei, terwyl die wenspan se Ryan McLaren (2/46 en 46) 'n veelsydige vertoning gelewer het. McLaren het hom op 'n driekuns bevind toe hy die laaste twee paaltjies ingeoes en toe byna 'n vyftigtal gemoker het. Die tuisspan het goed begin. Hy het egter ses paaltjies in die laaste tien boulbeurte verloor. Die Kovsies het mooi herstel nadat hulle 24/2 gehad het. Die tuisspan se Dewald Pretorius het met 2/11 ná agt boulbeurte gespog . Die wedstryd op CBCOB se veld tussen die tuisspan en SUT II is ná 'n ruk se spel aanvanklik afgelas omdat toestande as te gevaarlik bestempel is, maar is later die middag hervat en oor 25 boulbeurte aan 'n kant beslis . SUT II is vir 82 lopies uitgehaal, waarna CBCOB die wenlopies behaal het met nog vier paaltjies staande . Schoemanpark was in Mangaung met vyf paaltjies aan die wenkant teen Rocklands, terwyl Polisie sy tweede agtereenvolgende nederlaag in die tweede ronde gely het nadat die Peshawars hom naelskraap met 'n paaltjie op die UV-ovaal geklop het. Die tuisspan se Ferdi Botha (116) se honderdtal het gehelp dat die Peshawars die wedstryd met nog twee aflewerings oor kon wen nadat Polisie vroeër 221/8 aangeteken het. Die beknopte telkaarte is: SUT 232 (I. O'Neill 37, H. von Rauenstein 67, G. Liebenberg 26, G. McLaren 28; C. Deacon 2/47, R. McLaren 2/46, G. Perry 2/29, C. Ingram 2/44); UV 234/4 (R. McLaren 46, G. Fourie 95 nun, C. Linde 27, E. Weirich 27 nun; D. Pretorius 2/29). Kovsies wen met ses paaltjies. SUT II 82 (J. Labuscagne 21, A. van Deventer 16; J. Chemaly 3/11, M. Mashimbyi 2/7, J. Malao 2/19); CBCOB 84/6 (M. Mashimbyi 22, T. van der Westhuizen 21, P. Stander 21; R. Daniël 2/6, R. Wessels 2/17). CBCOB wen met vier paaltjies. Rocklands 107 (D. Makopanele 22); Schoemanpark 108/5 (J. Smith 37; N. Sefuthi 2/14). Schoemanpark wen met vyf paaltjies. Polisie 221/8 (W. Nel 86, B. Hector 62; N. de Bruin 4/49, J. Mostert 1/19, R. de Kock 2/50); Peshawars 222/9 (F. Botha 116, J. Mostert 26; W. Thies 3/30, E. van Niekerk 3/43). Peshawars wen met 'n paaltjie.

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