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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

Kovsie student represents SA at Sudirman Cup in China
2009-05-26

The South African National Badminton Team recently represented South Africa at the Sudirman Cup in Guangzhou, China. The Sudirman Cup is the World Mixed-team Badminton Championships, which take place every two years.

Annari Viljoen, a Kovsie student and the brothers Chris and Roelof Dednam, former Kovsie students, were included in team that represented South Africa at the championships.

In the first match of the tournament, the Dednam brothers were the only victors when they won the mens doubles and defeated Paul Jefferson Vivas and Ronel Estanislao of the Philippines with 2117 and 2112.

In their second match, the South African team beat Luxembourg 41. In the mixed doubles the Dednams defeated Joe Michels and Yann Mellers with 2111 and 219 and in the womens doubles Michelle Edwards and Annari beat their opponents Anne Schumacher and Annick Weides with 1321 and 2224.

The South African team competed against Turkey in their third match and won 32, only losing the singles event. In the mens doubles the Dednams defeated Mehmet Tural and Ali Kaya with 2116 and 2113 and in the womens doubles Michelle Edwards and Annari beat Derya Calimbay and Oznur Caliskan with 2220 and 2117.

In the final group match team South Africa competed against Switzerland and lost 41 with only the mixed doubles pair of Dorian James and Annari winning their match against Anthony Dumartheray and Sabrina Jacquet with 1221, 2422 and 2119.

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