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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

SRC elections continue despite illegal protests on UFS Main Campus

2011-08-17

After today’s (17 August 2011) illegal protest by about 150 demonstrators from outside the university in front of the Main Building on our Bloemfontein Campus, Mr Rudi Buys, Dean: Student Affairs, said the elections for a Representative Student Council still continues. “Student Council candidates will continue with their campaign and, as agreed, no external politics will be allowed in the elections.”

Student leaders have expressed their frustration with the outside groups who interfere with processes on campus.

The UFS was the target of a group of people from outside the university who protested in front of the Main Building. The group, armed with sticks and bricks, had no clear demands other than that the UFS Council should be dissolved and management fired. It appears that some of the outsiders – from places such as Welkom and Kroonstad – did not know what they came to do at the university.

No students were involved in the protest action.

During the demonstration, the police and campus security were deployed and some of the demonstrators were arrested.

Prof. Jonathan Jansen, Vice-Chancellor and Rector said: “The UFS is worried about the thuggish behaviour by outside groups invading the university campus. An urgent interdict has been obtained and any further invasions by outside groups will lead to arrest.”

The illegal process had no impact on the academic programme at the university. Everything continues as normal.

Media Release
17 August 2011
Issued by: Lacea Loader
Director: Strategic Communication
Tel: 051 401 2584
Cell: 083 645 2454
E-mail: news@ufs.ac.za

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