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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

Mandela Day celebrated with R5 coin laying

2012-07-09

On 18 July 2012, the University of the Free State (UFS), in partnership with Pick n Pay Hyper in Bloemfontein, will celebrate Nelson Mandela Day with a special R5 coin laying ceremony.

The festivities kick off at 12:00 on the Red Square at the Bloemfontein Campus.

Emeritus Archbishop Desmond Tutu will make a special appearance at this event and also deliver a short message.

Schools in the vicinity, UFS staff and students and the public are invited to take part in the coin laying ceremony.

Ms Marissa van Jaarsveld, the coordinator of the Nelson Mandela Day celebrations at the UFS, says the money collected at the event will be used to benefit the No Student Hungry (NSH) campaign, as well as Bloemfontein Child Welfare. NSH is an organisation on the Bloemfontein Campus that provides food bursaries to hungry students with good academic records.

Requests have been sent to schools to collect R5 coins for the event and representatives from the schools will attend the coin-laying.

These schools will be acknowledged for their contributions and there are prizes up for grabs for the primary and high schools that collect the most money.

Learners will deposit their coin contributions during the 67 Minute programme of giving back to the community and they will take part in fun activities. Participating schools are encouraged to be as creative as possible when handing over their R5 contributions.

On the day, there will also will be people with tins at the main entrances to the university for those who want to make a contribution.

The NSH-campaign will also show its support for eradicating world hunger on this day by helping Pick n Pay Hyper in Bloemfontein to package food parcels for the Stop Hunger Now campaign. The packaging of the food parcels will also take place at the UFS.

Members of the public and the media are invited to attend the festivities.

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