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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

University hosts Mandela Rhodes scholars

2012-10-02

Kovsie Dux student and SRC member Tumelo Moreri (centre), with Danielle Bowler and Unnel-Teddy Ngoumandjoka, two of the Mandela Rhodes Scholars who attended a summit for past and current recipients of the prestigious bursary on the Bloemfontein Campus.
1 October 2012
Photo: Johan Roux

Some of Africa’s top young minds gathered at the University of the Free State to discuss new ways of thinking about education on the continent.

About 50 current and past recipients of the prestigious Mandela Rhodes Scholarship from across the continent gathered on the Bloemfontein Campus to attend the Community of Mandela Rhodes Scholars Summit from 29 September to 1 October 2012. The theme for the summit was Re-Imagining Education in Africa and recipients from South Africa, Kenya, Nigeria and Uganda attended.

Prof. Jonathan Jansen, Vice-Chancellor and Rector of the university, addressed the Mandela Rhodes scholars and told them as Africa’s next generation of leaders they have to be courageous, caring and agents of change. “You cannot re-imagine education unless you have imaginative leaders”, he told them. Referring to leaders like Martin Luther King, Chief Albert Luthuli, Ghandi and Nelson Mandela, Prof. Jansen told them in order to lead, they should have the capacity for caring, contemplation, courage, change,contrition,conciliation and clarity.

Mandela Rhodes Scholar and Convener of the Summit, Andrew Gasnolar, said the insights gained will be utilised by recipients in their spaces. "A consistent element which cropped up was that our privilege requires us to do the right thing. Active citizenry is required in which we all actively take a part in the education situation - from adopting a student to adopting a school to taking up teaching."

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