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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

Springbok call-up tops Rhule’s dream season

2012-11-01

Raymond Rhule
Photo: Gallo Images
31 October 2012

We can add yet another name to our already impressive list of Springbok rugby players. Raymond Rhule has been included by Heyneke Meyer as one of five uncapped players for the Springboks’ upcoming European tour.

The nod from the selectors caps a tremendous year for the Ghanaian-born star. The former Technical High School Louis Botha pupil and current UFS student rose through the South African rugby ranks at a rate which can only be described as spectacular.

He was part of the Shimla team which competed in this year’s under-20 and senior Varsity Cups that culminated in inclusion in the victorious South African team at the under-20 World Cup.

Since then, he has been a fixture in the Free State Cheetah team in both the Vodacom Cup and the premier local rugby competition, the ABSA Currie Cup, gaining praise for his performance from the public and rugby experts along the way.

The 19-year-old wing has been the stand-out performer for a troubled Free State Cheetahs outfit, who had to see off the Eastern Province Kings in relegation playoffs to stay in the top division of the ABSA Currie Cup.

In an impressive season, Rhule scored eight tries, earning him the spot as the competition’s top try scorer.

Among a raft of awards, Rhule was announced as the UFS Junior Sportsman of the year for 2012 in October and has been nominated as the South African Rugby Union’s (Saru) Young Player of the Year.

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