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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

Missing UFS student found in Phuthaditjhaba
2014-10-16

The University of the Free State’s (UFS) Qwaqwa Campus management and students are shocked and saddened by the untimely passing away of Sinethemba Shezi (22), who was reported missing this past weekend.

His lifeless body was found this morning in the river around the area in Phuthaditjhaba where he was accosted the evening of Friday 10 October 2014 while walking to the campus with a friend.

The cause of his death is still unknown and the incident is being investigated by the South African Police Service (SAPS).

Campus Principal, Prof Prakash Naidoo, expressed his deepest sympathy to the family and friends on behalf of the university community.

“This morning we received the sad news that our student, who had gone missing, was finally found. We wish to thank all students and staff, the entire community of Phuthaditjhaba and the SAPS for their efforts. This has not been an easy week for all of us,” said Prof Naidoo.

Mr Shezi was a third-year BEd student.

A memorial service is planned on the Qwaqwa Campus for next week and funeral arrangements are expected to be announced at this event.

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