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18 November 2020 | Story Dr Nitha Ramnath | Photo Supplied
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.” 

News Archive

Community project teaches students psychology behind training
2009-05-13

 
Aaron Li and Marisa Smit busy teaching pre-school children how to bake biscuits at the Welpies Pre-primary School of Free State Care in Action in Bloemfontein.
Photo: Supplied


A community project of the third-year industrial psychology students at the University of the Free State (UFS) is helping students to gain a better understanding of the psychology behind training so as to facilitate a higher success rate with regard to their programme. Since 2004 the Faculty of Economic and Management Sciences and the Community Service Learning Office at the UFS have been involved in a very unique community project. The third-year industrial psychology students are required to conduct their own needs analysis to determine the needs of the community allocated to them, after which they must address this need in a viable, sustainable manner. Key to this project is training and development that often involve the unemployed and entrepreneurs. Some training is also focused on smaller children. The 340 students involved in the project this year were responsible for presenting projects at various communities in Mangaung, amongst others: The Life Cycle of a Butterfly; Small-Group Facilitation; Bake and Decorate a Cookie; Sustainable Chicken Project; How to use the Library; Fire Prevention; Peer Pressure; Team Development; Preparation for Interviews and Writing of CVs; and Early Childhood Development.

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