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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

Kovsie students receive American Cancer Society Award
2012-08-30

 
Kovsie students during one of their purple cake sales
30 August 2012

South Africa’s first student-driven CANSA (Cancer Association of South Africa) Relay for Live, organised by students from the University of the Free State, has received an International Award from the American Cancer Society.

Showing solidarity with survivors of cancer, those who have battled and lost loved ones to the disease, the Kovsie students were rewarded with the society’s 2011/2012 Heart of Relay Award for youth involvement. The award was handed out at a ceremony in Mossel Bay in the Western Cape.

The Relay for Life is a global initiative that has been running for 26 years. It is an overnight relay event where teams of people camp out around a track. Members of each team take turns walking and running around the track. They also participate in a Luminaria ceremony where loved ones lost to cancer are remembered.

Relay for Life events are held for the general public as well as tertiary institutions. The Relay for Life event, held on the Bloemfontein Campus at the beginning of the year, was the first student organised one in South Africa.

Leading up to the event, Kovsie students engaged in a number of cancer awareness campaigns. These included purple cake sales and a shava-thon event. All money raised was donated to the Cancer Association of South Africa.

Sibusiso Tshabalala, founding chairperson of the Kovsie initiative, says the students worked with the local chapter of the Childhood Cancer Foundation (CHOC). “The event was generally learning about cancer, sharing the idea of solidarity and bringing students together.” Sibusiso says a similar project is planned for next year.
 

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