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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

Name change another step in transformation of the UFS

2006-06-22

One of the residences on the main campus of the University of the Free State (UFS) in Bloemfontein will henceforth be known as Armentum.

“The new name, Armentum, for the student residence formerly known as Hendrik Verwoerd was approved by the UFS Council at its recent meeting,” said Prof Frederick Fourie, Rector and Vice-Chancellor of the UFS.

The name change comes after a thorough and inclusive consultation process with students of the residence and other groups, leading to their agreement to the name change, and a process to propose new names.

Armentum was the first choice of the residents. It is the Latin for a herd or a group of large animals such as elephants (which is the mascot of the residence).

“The name is acceptable and suitable within our policy on name-giving. Latin names, like that of English, Afrikaans and Sesotho names are acceptable and Armentum is language neutral,” said Prof Fourie.

He said the name change from Verwoerd to Armentum was part of the transformation effort at the UFS to make the campus a more inclusive and tolerant place where all South Africans can feel at home.

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

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