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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

Four Kovsies play in the Chile/Belgium series

2015-02-10

Nicole Walraven, Lethabo Maebana (SRC: Media and Marketing), Tanya Britz, Kerry-beth Berry (SRC: Day- and Commuting Students), Cornelle Botha, Liné Malan, and Dominique De Gouveia (SRC: Sport)

Tanya Britz, Nicole Walraven, Cormelle Botha, and Liné Malan turned out for the Protea hockey team in the two series against Chile and Belgium in Cape Town from 22 January to 2 February.

Britz has been playing for the senior Protea team since her matric year at Sentraal High School, but for Walraven, Botha, and Malan this series marked their debut for the senior national hockey team. The series against Chile and Belgium both ended in draws for the Protea women’s team.

Shortly before the end of the series against Belgium, the three Kovsies making their debut for the senior national hockey team had the following to say to the Volksblad:

“It was unbelievably inspiring to stand next to these incredible players wearing the Green and Gold and to sing the national anthem in front of a home crowd. It was worth all the hard work and dedication. The support and acceptance of my team mates helped calm my nerves when the whistle blew. It was such an honour – it still feels like a dream. (Nicole Walraven)

“It is an indescribable feeling, something that I dreamt about for years. The nerves niggled before the game, but it was such a huge privilege and honour to play in the Protea colours.” (Cornelle Botha)

“It’s difficult to describe the feeling a person experiences when you sing the national anthem wearing the Green and Gold. It was a feeling of pride; the accompanying excitement felt as if I had a thousand butterflies in my stomach. It’s a moment I shall never forget and a dream come true.” (Liné Malan)

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