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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

UFS wins national serenade competition

2010-09-07

The men from Veritas show why they won the National “Sêr” competition.
Photo: Provided

After many months’ practice, sweat and late nights, the “sêr” group of Veritas, a men’s residence at the University of the Free State (UFS) managed to make name nationally and bring home a coveted crown.

At the recent National “Sêr” Competition hosted by Stellenbosch University (US), this group of talented young men made a clean sweep when they snatched up the prizes in the Men’s Residence section, the best performance of a song for their gospel medley, as well as the prize for the overall winners.

The competition, which took place at three venues, was attended by approximately 3 000 people. The competition was presented in the Endler Hall of the Music Conservatory of the US and the halls of the Secondary School Bloemhof and Paul Roos Gymnasium. According to Corneil Müller, one of the adjudicators at the Endler Hall, the majority of the adjudicators agreed that Veritas deserved the first prize. The other adjudicators at this hall were Karen Meiring, Bondina Osterhoff, Saranti Rheeders, Leonore Bredekamp and Sidumo Jacobs.

According to the head student of Veritas and second tenor in the “sêr” group, the group did not really expect to win all the prizes. However, when the audience gave them a standing ovation, the group started to think that the first prize really was within their reach.

Their gospel medley is close to the hearts of the entire group. It is the men’s way to say thank you for their talents. “It is a very special song for us – it means a lot to each one in our group,” says Herman. To win the prize with for this medley for the best performance of a song was the cherry on the top for these men. “We did not even know that such a prize existed!” says Herman.

The ladies of Sonnedou Residence’s “sêr” group also participated in the competition. This section of the competition was won by Vergeet-My-Nie from the North-West University (NWU).

Media Release
Issued by: Lacea Loader
Director: Strategic Communication (actg.)
Tel: 051 401 2584
Cell: 083 645 2454
E-mail: loaderl@ufs.ac.za
7 September 2010

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