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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

Sculpture project brings new dimension to Main Campus
2010-11-16

Noriah Mabasa, Unity is power: Let us be united (2010), fig wood, 3200 x 1700 x 1400 mm.

The first sculptures in a project to establishment a diverse collection of sculptures on our Main Campus were erected in October 2010. Artists were commissioned to create a number of sculptures.

The funds for the project were made available through a grant from the National Lottery Distribution Trust Fund (NLDTF).

This project aims to create an altered environment that provides visible, tangible symbols of change and reconciliation. It also aims to enrich the educational and multicultural experience of staff and students with these areas.

Renowned Venda artist Noriah Mabasa has created a three-metre-high wooden sculpture, “Unity is power: Let us be united”, that was placed outside the new computer laboratory near our UFS Sasol Library. The work consists of several grouped figures celebrating the coming together of many diverse people.

Another artist from Venda, Azwifarwi Ragimana, has been working in collaboration with Gallery 181 in Johannesburg and produced a group of sculptural benches that was placed in the garden behind the Main Building.

Local artists are also involved in this initiative: Jaco Spies, lecturer in our Department of Fine Arts, as well as ceramist Dina Grobler and artists from the Tshiamo Art and Crafts Project are working on a mosaic at a site known as the “philosophers” circle.’

The project will continue in 2011. We can also expect works from leading South Africa artists such as Willem Boshoff and Pat Mautloa.

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