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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

Kovsies goes green

2012-08-22

The university will soon be hosting its first Green Festival that will focus on protecting and sustaining natural resources for current and future generations.

The aim of this festival is to demonstrate to students, learners and the broader community that any act, no matter how small, makes a difference and that each individual must play his or her role in creating a sustainable environment and caring for the earth.

Busi Madikizela, SRC member: Student Development and Environmental Affairs, said, “We have a moral obligation to do this as it not only teaches our students about sustainable living, but also sets an example for the communities that the university forms part of and serves.”

The festival takes place on Saturday, 8 September 2012 and will be filled with fun and games.

The university has invited Grade 9 to 11 learners from 41 schools around Bloemfontein to participate in cleaning up the city. The learners and Kovsie students will clean the streets around the Bloemfontein campus. The clean-up teams will meet on the campus in the vicinity of Mooimeisiesfontein, whereafter the rubbish collected will be sorted and taken to the Rat Race recycling company.

Other activities for the day include a Green Quiz that will help educate learners and students about green issues. Coca Cola will sponsor the prizes for the festival, as well as the food and drinks for all the learners invited to the festival. The learners will visits 20 stalls and exhibitions of sustainable green materials and organic food on the Red Square. Documentary movies with green themes on environmental issues will be screened.

Prof. Jonathan Jansen, Vice-Chancellor and Rector of the university, has urged everyone to participate in the Green Festival.

For more information contact Busi at 072 485 6796 or 051 401 9101.

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