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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

Course on sustainable development recognised at COP 17

2011-12-07

Some participants of the PED Nexus Programme during a field trip are from left: Jacques van Zuydam, Chief Director: Population and Development at the national Department of Social Development; Prof. André Pelser, course coordinator (UFS); Prof. Sosten Chiotha, Director, LEAD Southern and Eastern Africa; and Dr Nola Redelinghuys, course facilitator (UFS).

The University of the Free State (UFS) received a nod of approval at the COP 17 Climate Change Conference in Durban for a short course it presents in partnership with the Chief Directorate Population and Development, United Nations Populations Fund (UNFPA), LEAD International and SANParks.

The UFS received an honourable mention in a press release from the Department of Social Development for the short course entitled ‘Leadership Training in Sustainable Development: The Population, Environment and Development (PED) Nexus’. The release was issued as part of COP17. It mentions that the course is recognised in a publication of the United Nations Development Programme (UNDP) as one of ten innovative experiences and best practices in population and development in the developing world.

Prof. André Pelser, UFS Professor in Sociology, says the university played a key role in the development and implementation of the course. The UFS has been presenting the course since its inception in 2005. Similar courses under the banner of the PED Nexus, although in a totally different format, are also presented at the Nelson Mandela Metropolitan University and the University of Cape Town. A total of 21 courses have been presented nationwide since 2005, of which the UFS has hosted eight. More than 230 participants from all over the world have been trained in these eight short nine-day courses.

The PED Nexus Programme focuses on the interrelationships of population, environment and development and its significance for sustainable human development and is closely linked to the implementation of the national Population Policy for South Africa. The press release reads that the programme is implemented in the form of short courses that target professionals and managers in governments at all levels as well as non-governmental agencies responsible for the implementation of programmes related to sustainable development.

Prof. Pelser and Dr Nola Redelinghuys, also from the Department of Sociology, have recently been tasked by the National Department of Social Development to upgrade the course outline. The next course will run from 17-25 April 2012. As in the case of pervious courses, the first six days will be hosted on our main Campus in Bloemfontein, whereafter course participants and their facilitators depart to the Golden Gate Highlands National Park for the practical part of the course.

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