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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

Our democracy is not in a good condition

2013-03-28

Prof Pumla Gobodo-Madikizela, Senior Research Professor on Trauma, Forgiveness and Reconciliation and Prof Andre Keet, Director of the Institute for Reconciliation and Social Justice during the live broadcast of the NRF lecture.
Photo: Supplied
28 March 2013

“Our democracy is not in a good condition.”

Those were the words of Prof Andre Keet, Director of the Institute for Reconciliation and Social Justice at the University of the Free State (UFS), on the eve of Human Rights Day on 21 March 2013.

Prof Keet participated in a lecture series of the National Research Foundation (NRF), the Science for Society series, which was broadcasted directly on SAfm from the UFS.

The topic for the lecture was racial reconciliation and social cohesion in the context of racial inequality.

“South Africa is the most unequal society in the world. According to the latest census results, there are still major inequalities in the distribution of wealth, with the average income of black South Africans one sixth that of white South Africans.”

Prof Keet said that reconciliation and social cohesion is not possible while major racial inequalities still exist.

He asked the question: “If reconciliation is merely linked to an apology and forgiveness, is it possible to reach reconciliation which can change social structures and practices?”

Prof Pumla Gobodo-Madikizela, Senior Research Professor on Trauma, Forgiveness and Reconciliation, also participated in the lecture.

Click on the link to listen to the full broadcast. http://iono.fm/go/safm

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