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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.”

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Kovsie student to participate in G8 2013 Summit

2013-06-06

A Kovsie student is heading to London to attend the June G8 2013 Youth Summit. Tumelo Moreri is part of a chosen few who will walk among world class leaders as a delegate of the African Union.

The summit provides a platform for young leaders where they are able to collectively voice their opinions. It also gives them the opportunity to gain valuable insights on international diplomacy in order to tackle 21st century challenges head on.

The African Union delegation, of which Tumelo is part, includes representatives from the Democratic Republic of Congo, Botswana, Kenya, South Africa, Nigeria and Zimbabwe. It consists of a Head of Government, Sherpa, Press Secretary, Minister of Trade and Industry, Minister of Finance, Minister of Justice, Minister of Foreign Affairs, Minister of Energy and Climate Change, Minister of Development, and Minister of Defence. They are responsible for developing and negotiating position papers with regards to the various ministerial positions.

Tumelo Moreri is a co-founder of Tomorrow’s Leaders Today in her home country, Botswana. She is currently the International Affairs Officer of the Student Representative Council (SRC) at the Bloemfontein Campus. “The highlight for me is the fact that I am representing Africa. Africa’s voice will get to be heard through us,” says Moreri. “I see this as a huge opportunity to strive to make a contribution towards Africa and finding solutions unique to her problems. This will be a stepping stone to effecting change. This learning curve will shape and influence global discourse.”

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