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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

Golden Key recognises top achievers
2012-08-29

A jam packed audience listens to the keynote address at the UFS Golden Key Annual new members’ ceremony.
Photo: Stephen Collett
29 August 2012

Recognising academic excellence at the University of the Free State (UFS), the world’s biggest academic honour society, Golden Key International Honour Society, selected a record number of Kovsie students as new members this year.

More than 700 top achievers have been invited to join the prestige academic society – the biggest crop of students thus far.

New members, the top 15% of academic students at Kovsies, were welcomed to the society’s UFS Chapter at an induction ceremony held on Saturday 25 August 2012. The ceremony also saw Justice Ian van der Merwe, Chairperson of the UFS Council, Mr Billyboy Ramahlele, Director Community Engagement, and Prof. Hendrik Swart, Senior Professor in Physics at the UFS being recognised as honorary members of the society. The event, held at the Kovsie Church, drew a large crowd with the venue packed to capacity.

Sibusiso Tshabalala, a third-year BCom Law student, and recently selected as one of ten Google Young Minds for 2012, delivered the keynote address. Structuring his talk around dreams, fears and music, Sibusiso told students they had joined a global community of students who valued academic achievement, leadership and service. “In a country where rhetoric triumphs over logic and mediocrity rules supreme, while excellence is fast becoming taboo, we need the thinkers to do the leading.”

Dr Derek Swemmer, Registrar and co-advisor of the UFS Chapter, told the students they had demonstrated the ability and now had to fulfil their potential. He was appointed as Chairperson of the society’s governing body in March this year.

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