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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

Boost for hockey in the Free State and South Africa

2006-06-20

The University of the Free State (UFS) will soon be one of a few universities in South Africa that are able to host national and international hockey tournaments in the country.

Two astro hockey fields are to be built on the western side of the UFS Main Campus in Bloemfontein. This is one of a number of major capital projects approved by the Council of the UFS earlier this month.

“The plans are drawn and the contractors are ready to move on site to start with the cleaning and digging process of the two astro fields,” said Mr James Letuka, Director of KovsieSport at the UFS.

According to Mr Letuka, the UFS will fund the building of the one astro hockey field whilst the building of the second court will be a joint venture between the university and high schools in Bloemfontein.

The two astro fields will be built on what is currently the Number 4 cricket field next to Shimla Park Rugby Stadium.

“This project will go a long way towards halting the outflow of good hockey players from the Free State. Hopefully they will find our facilities an attractive option,” said Mr Letuka.

“The astro fields will also place us in a good position to provide training camps for national teams, development teams, as well as international teams,” said Mr Letuka.

Media release
Issued by: Lacea Loader
Media Representative
Tel: (051) 401-2584
Cell: 083 645 2454
E-mail: loaderl.stg@mail.uovs.ac.za
20 June 2006

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