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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

Together we can make a greener planet
2012-03-02

 

Students are rewarded for their efforts with waste recycling and energy saving on campus.
Seen here is Molete Lerothodi of Kyalami Residence, winner of the recycling and energy saving competition, together with Boipelo Malope, Ms Green South Africa.
2 March 2012
Photo: Johan Roux


Sustainability, to live green, energy saving – call it what you like. This was the focus of the Clean Campus campaign that students on the Bloemfontein Campus of the University of the Free State introduced last year. Apart from it being an opportunity to reward students for their hard work, experts on campus also got the chance to share interesting information with onlookers.

An interesting fact to chew on is that the UFS’s electricity account is to increase by an estimated R38 million rand - from R19 million in 2008 to R57 million in 2012. Another interesting morsel - the university generates 20 tons of waste a day.

Although the university will implement a waste management plan in the near future, experts agree: save water, save electricity and do not squander our precious energy resources.

Madelief Residence was crowned the winner of the Clean Campus campaign. The residence’s reward – a cheque of R1 500. Kestell was second and won a gas braaier.

The competition will be the project of the SRC: Student Development and Environmental Affairs in future.

In the recycling and energy saving competition, which attracted entries from 18 of the 23 residences, Kyalami was placed first, Roosmaryn second and Akasia third.
 

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