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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 to honour two of Celtic’s founder members

2011-04-20

At the lunch were, from the left: Dr Choice Makhetha, Vice-Rector: External Relations (acting); Mr Norman Mathobisa and Mr Victor Mahatanya, both founder members of the Bloemfontein Celtic Soccer Club; and Mr Billy-Boy Ramahlele, Director: Community Engagement at the UFS.

In this year, the University of the Free State (UFS) will recognise two of the founder members of the Celtics Soccer Club in Bloemfontein, Mr Norman Mathobisa and Mr Victor Mahatanya, for establishing one of the greatest soccer clubs in South Africa.

The Vice-Rector: External Relations (acting) at the UFS, Dr Choice Makhetha, and Mr Billyboy Ramahlele, Director: Community Engagement, recently had lunch with Mr Mathobisa and Mr Mahatanya. “As the university has a partnership with the Celtics Soccer Club, we would like to make an effort to get to know the founder members of this club better,” said Dr Makhetha.

At the lunch meeting Mr Mathobisa and Mr Mahatanya shared their experiences and other involvement in sport in the Free State over their lifetime.

Mr Norman Mathebula also serves on the Mangaung University Community Partnership Project (MUCPP) Committee who is working in partnership with Standard Bank in giving loans to SMME businesses.

Mr Mickey Gordon, Head: Corporate Affairs, Institutional Advancement and Sport at the UFS, is managing the working relationship with the Celtics Soccer Club. In terms of this agreement the soccer club, will amongst others, support Kovsie soccer players with skills development and hey will also conduct talent scouting.

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