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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.”

News Archive

Equipment worth R23 million to carry out research at nanometer level

2009-05-28

The Department of Physics at the University of the Free State (UFS) has just received equipment to the value of R23 million that will be utilised for research at nanometer level.

By purchasing the NanoSAM and VersaProbe XPS systems, the UFS also became the only university in Africa that has both these instruments at its disposal.

This also places the UFS at the forefront of surface characterisation at nanometer scale.

Prof. Hendrik Swart, Head of the UFS’s Department of Physics, described the acquisition of this research apparatus as an amazing event for the department. Prof. Swart said this meant that the department would now become a national facility for research on surface characterisation, and that this would also help to ensure that the department’s publication contributions would be included in higher-impact publications.

According to Prof. Swart, this apparatus would not only be valuable for fundamental research on nanophosphors and segregation, but in particular would also assist in the industrial development of better catalysts to synthesise petrol and chemicals from gas or coal supplies. Prof. Swart continued to say that Sasol was one of the industries that would benefit from this, and that Prof. Jannie Swarts from Chemistry was closely involved in the latter.

The equipment was purchased with funds donated by the Faculty of Natural and Agricultural Sciences, the University, the National Research Council and Sasol. Technicians from the manufacturing company are currently visiting the department to assist with the installation and to train staff.

Media Release:
Mangaliso Radebe
Assistant Director: Media Liaison
Tel: 051 401 2828
Cell: 078 460 3320
E-mail: radebemt.stg@ufs.ac.za
28 May 2009

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