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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 heading to Varsity Netball finals – again!
2014-10-14



The Kovsie Netball side is well underway to hold onto their champion status in the Varsity Netball Championships. On Monday evening, 13 October 2014, they beat NWU-Pukke 51–45 in the semi-final that took place on our Bloemfontein Campus.

The ladies from the UFS established a comfortable lead early on. Despite a strong comeback effort from NWU, Kovsies ended the game as conquerors with their second consecutive final ahead of them for next Monday.

Our team could hardly ask for better supporters, as the crowd roared them on to a winning score. They made the most of every attacking opportunity on court and played an offensive match. This was especially evident during the power plays – a period of time during which each goal is worth two points.

NWU-Pukke managed to fight their way back, coming within a goal of their hosts. But Kovsies went into a well-earned 10–6 lead during the first break. Kovsies’ Danelle Willemse and Ane Botha impressed with their accuracy at the hoop and clinically-executed shots at goal. At half-time, Kovsies had built up to a 27–14 lead.

The home side was in complete control of the game as they went into the final break with the scoreboard at 43–31. NWU’s effort fell short in the last quarter, though, and they could not snatch the victory from the defending Kovsie champions.

Kovsies will face the Tuks team in Pretoria on Monday 20 October at 18:45 for the final of the 2014 Varsity Netball tournament.


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