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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

UFS appoints Director: KovsieRugby

2012-10-16

Michael Horak.
Photo: Johan Roux
16 October 2012

Mr Michael Horak has been appointed for a three year term by the UFS as Director: KovsieRugby. He began working at the university on 1 October 2012.

Mr Horak’s involvement in and experience of Super Rugby coaching, his working relationship with the Free State Rugby Union, his understanding of coaching structures and systems, as well as his knowledge of Kovsie players and present structures made him the obvious choice. He is also well positioned to see to it that the Shimlas are prepared for the next Varsity Cup tournament, which begins in February 2013.

His career includes the position of General Manager of the Cheetahs and Rugby Affairs at the Free State Rugby Union, a defence coach in Super Rugby, as well as senior Currie Cup teams and a rugby consultant for Grey College and Windhoek Gymnasium.

Some of his responsibilities as Director of KovsieRugby include the coaching of the Shimlas (head coach); the planning, development, management and implementation of a coordinated coaching and rugby programme throughout all sections of the UFS Rugby club; the development and implementation of innovative coaching techniques and methods in regards to players; as well as the development and implementation of a medium and long term strategy for the recruitment and retention of players that will be approved by the university to make success possible.

On his vision for rugby at the UFS, Mr Horak says: “It is a great privilege for me to be involved with KovsieRugby. Good work was done by Mr Jaco Swanepoel that I would like to take further to give players the best chance to be successful. Winning is what it is about and I am really looking forward to the challenges that lie ahead for all of us. My coaching team of Quintin Kruger, Hendro Scholtz and Barry Goodes is incredibly motivated to serve Shimlas rugby and to achieve success. We hope that everybody will support us and we are looking forward to seeing everybody at Shimla Park when the Shimlas win!”

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