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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

Kovsies produces another Mandela Rhodes Scholar
2012-10-25

Joanie van der Merwe
Photo: Supplied

25 October 2012

Another Kovsie student has been awarded the prestigious Mandela Rhodes Scholarship. Joanie van der Merwe, a B.A. Honours Communication Science student, has been selected as one of 29 students from across the continent to receive the scholarship for 2013. The scholarship is awarded to young Africans who demonstrate academic and leadership potential.

This is the second successive year that the university has produced a Mandela Rhodes Scholar. Kovsie student Jaco Griessel was one of 23 students who received the bursary in 2011 for studies this year.

Joanie, who also holds a BA Honours Psychology degree, will study for her Master’s degree in Media Theory and Practice at the University of Cape Town next year. During the scholarship, she will be granted access to leadership development programmes. The scholarship covers study and registration costs, study material, accommodation and a living allowance.

Joanie says family urged her to apply for the scholarship. “After coming to terms with what the scholarship entails, I realised that I identify with the values and characteristics to which Mandela Rhodes scholars aspire.”

“I have a dream of forming an integral part of the continent in such a way that I will be able to serve others and empower the community where it is needed most. I want to live in such a way that my trials and mistakes are not wasted. They should be learnt from and be used to inspire and encourage others.”

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