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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

New coach for Shimlas

2012-05-24

The University of the Free State (UFS) will soon fill a newly created position, namely that of Director of Rugby.

The successful candidate will, amongst others, be the head coach for the Shimla rugby team and will also be involved in the recruitment of young talent, the contracting of rugby players and certain obligations at the UFS/Cheetahs Rugby Academy.

This decision was taken during a joint brainstorming session between the university and the UFS Rugby Club about rugby at the university on Friday 18 May 2012. The performances of the Shimla team during the past Varsity Cup Series was also discussed. “The meeting took place in a good spirit and it is a hopeful sign to observe that the university is prepared to go out of its way to ensure that the Shimlas perform, particularly in the Varsity Cup”, said Mr Marius van Rensburg, Chairperson of the UFS Rugby Cup.

Mr Jaco Swanepoel, current Shimla coach, retains his position as Head Coach of Rugby at the UFS, as well as certain commitments to function more strongly within the junior rugby structures and to train coaches.

According to Mr Van Rensburg, the position will be advertised as quickly as possible. The successful candidate will also have to assume duty soon, because preparations for next year’s Varsity Cup have to commence around September this year.

“Shimlas is a high-profile is team with a proud history and a major role player in SA rugby; therefore we expect to receive good applications. The panel that has to make the appointment will, amongst others, consist of two former Shimla Springboks, a former Shimla/Cheetah player and a former Springbok conditioning trainer.

The restructuring of the management model of the UFS Rugby Club is also envisaged, which will also bring about certain changes to the club’s constitution.

Media Release
24 May 2012
Issued by: Lacea Loader
Director: Strategic Communication
Tel: +27(0)51 401 2584
Cell: +27(0)83 645 2454
E-mail: news@ufs.ac.za

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