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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

SA one of the leading countries for female researchers
2014-10-28

South Africa is one of the leading countries for female researchers, with women constituting about 40% of the research field, says Minister of Science and Technology, Naledi Pandor.

The Minister made these comments during the Public Lecture of the Faculty of Education on our Bloemfontein Campus on Friday evening 24 October 2014. Minister Pandor urged female students to seize the opportunities in science and technology that has been made available to them since 1994.

"Forty percent of South Africa's researchers are women. Of the 40 000 researchers in universities, science councils and business shown by our latest research and development survey records, nearly half are women. That makes South Africa one of the leading countries for female researchers," said the Minister.

Minister Pandor said that the rights and status of women in South Africa had been greatly advanced since South Africa became a constitutional democracy. "It is well known that better educated women are better for a country's social and economic development," she added.

Minister Pandor pointed out that research skills were some of the most sought-after skills in the world, and encouraged women graduates to start dominating in the research and laboratory fields, where men continue to reign supreme.

"Knowledge and innovation, rather than capital and labour, are the drivers of economic growth in all countries. The current affluence of high-income countries has been massively increased by their investment in science and new technologies."


Full lecture

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