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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

Core herd established on the UFS Experimental Farm

2006-05-24

Seven of the foremost stud-farmers of the Afrikaner Cattle Breeders Society of South Africa, in cooperation with the University of the Free State (UFS), established a core herd on the UFS Paradys Experimental Farm outside Bloemfontein.

Each stud-farmer donated five heifers to the project. In return, each farmer will annually receive a performance tested bull or semen of a performance tested bull out of the core herd.

With the establishment of the herd, the UFS wants to create a genetically outstanding herd to be used for the training of students, research as well as information sessions for farmers. All the animals that cannot be used by the herd or the stud-farmers will be made available for auctioning at the UFS Paradys Experimental Farm.

The herd will be kept under commercial conditions to ensure that only those animals who have adapted can be made available to the industry. For more information Prof Frikkie Neser can be contacted at (051) 401-9595.

In front from the left are Mr Julian Balt (stud-farmer from Carletonville), Prof Johan Greyling (Departmental Chairperson: Department of Animal- and Wildlife- and Grassland Sciences), Prof Herman van Schalkwyk (Dean: Faculty of Natural and Agricultural Sciences) and Mr Neels van Rooyen (stud-farmer from Zastron). At the back from the left are Mr Willem Kooij (stud-farmer from Potchefstroom), Messrs Johan and Estian Cronjé (stud-farmers from Winburg), Mr Willie Cloete (stud-farmer from Vryburg), Prof Frikkie Neser (lecturer at the UFS Department of Animal and Wildlife and Grassland Sciences) and Mr Schalk de Jager (stud-farmer from Vryburg).

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