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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

International Association of Hydrogeologists strengthens ties with IGS

2015-03-31

From the left are: Prof Neil Heideman, Dean of the Faculty of Natural and Agricultural Sciences, Mr Shammy Puri, secretary-general of the International Association of Hydrogeologists, and Prof Danie Vermeulen, Director of the Institute for Groundwater Studies.
Photo: Supplied

The Institute for Groundwater Studies (IGS) is in the process of establishing a SADC Groundwater Management Institute, sponsored by the World Bank. To coincide with this process, the IGS received a visit from Mr Shammy Puri, the secretary-general of the International Association of Hydrogeologists (IAH).

“The aim of the visit was to further cooperation between the IAH and IGS regarding transboundary aquifers in the SADC region,” said Prof Danie Vermeulen, Director at the IGS.

The International Association of Hydrogeologists (IAH/AIH) is a scientific and educational charitable organisation for scientists, engineers, water managers, and other professionals working in the fields of groundwater resource planning, management, and protection. The IAH is the leading international society for the science and practice of hydrogeology, and is a globally recognised information source and facilitator for the transfer of groundwater knowledge.

Mr Shammy Puri was elected Secretary-General of IAH in 2008, and chaired the Commission on Transboundary Aquifer Resources Management (TARM) from 1998 to 2011.

During his visit, Mr Puri also presented lectures to the postgraduate students at the Institute on Transboundary Aquifers. He was also invited by the Dean of the Faculty of Natural and Agricultural Sciences, Prof Neil Heideman, to present the faculty prestige lecture later this year.

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