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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 part of exclusive Stanford Sophomore College Programme
2012-09-14

Kovsie students Foster Lubbe (far right at the back) and Palesa Mafisa (middle front) interacting with students from Stanford University.
14 September 2012

The six students, Elri Marais, Palesa Mafisa, Goodwill Shelile, Foster Lubbe, Gabriella Schroder and Saheed Abdullah, are part of the Stanford Sophomore College Programme, a residential summer programme for second-year students. They have been at Stanford since the beginning of this month, engaging in intense academic exploration with peers and professors on a variety of innovative, multidisciplinary topics.

Writing about his experiences in San Francisco, Foster Lubbe said it has been a wonderful experience thus far. “The classes are very interactive. It is amazing to see how effectively students and lecturers make use of technological tools, especially the speedy Internet, during class,” he wrote.

Foster and Palesa have been doing a course on “Mixed Race in the New Millennium, Elri and Abdullah on, “The Meaning of Life, and Gabriella and Goodwill a course on “Ghost stories”. Highlights for the students have been a discussion with New York Times journalist, Susan Saulny, a visit to the Stanford Centre of Marine Biology and for Gabriella and Goodwill a San Francisco ghost tour.

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