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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

Qwaqwa Campus launches transdisciplinary Afromontane Research Unit

2015-06-09

Dr Dipane Hlalele, Assistant Dean in the Faculty of Education on the Qwaqwa Campus; Dr Anofi Ashafa, Dean of the Faculty of Natural and Agricultural Sciences on the Qwaqwa Campus; Prof Corli Witthuhn, Vice-Rector: Research; Prof Sechaba Mahlomaholo, Dean in the Faculty of Education; Dr Geofrey Mukwada, Head of the Department of Geography; Dr Aliza le Roux, Head of the Department of Zoology and Entomology; Prof Prakash Naidoo, Campus Principal and Dr Elsa Crause, Academic Head on the Qwaqwa Campus.

The Qwaqwa Campus of the University of the Free State in the Eastern Free State boasts of one of the most beautiful and distinctive surroundings that will play a crucial role in fostering research in the under-researched area of the montane communities. This was revealed during the recent launch of the Afromontane Research Unit (ARU), the UFS flagship transdisciplinary research programme.

“This flagship programme has been in the making for about four years as our Qwaqwa Campus is set in a very interesting, unique, and mountainous place. The programme gained the momentum when the National Research Foundation (NRF) challenged each university to come up with their own single niche research area that would give them a unique research identity”, Prof Corli Witthuhn, Vice-Rector: Research, said during the launch.

”The Unit will develop the campus’s research capacity as we have already seen a huge increase in the research outputs by Qwaqwa staff. The campus already has seven scholars in the Vice-Chancellor's Prestige Scholars Programme (PSP), and there is notable excitement here. The Afromontane Research Unit will add to that research excitement as well”, she added.

Prof Witthuhn revealed that an application for the funding of the ARU had already been submitted to the NRF, and a positive response was awaited.

The PSP is an accelerated scholarship of junior UFS researchers in their first five years post-PhD. The prestige scholars participate in an intensive programme of support that includes international placement and intensive mentoring.

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