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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

Disaster risk management centre of the UFS serves on UN specialist committee

2015-06-26

Dr Andries Jordaan
Photo: Supplied

The Director of the Disaster Management Training and Education Centre (DiMTEC) at the University of the Free State, Dr Andries Jordaan, has been invited to serve on a UN special committee by the Secretary-General of the United Nations.

Dr Jordaan took part in the Expert Workshop on Climate Resilience in Geneva, Switzerland, on 22-23 June 2015.

In preparation for COP 21, which takes place later this year in Paris, the United Nations must draw up a situation report for a universal climate agreement between all the world’s nations. In order to advise the United Nations and the Secretary-General, and to prepare for the UN’s resilience initiative that will be launched during this important international gathering, a small team of approximately 20 experts and scientists from all over the world have been chosen to review the concept of the project. This group of experts will help to revise the original concept for the project.

According to Dr Jordaan, the Sectretary-General of the UN will be launching a ‘resilience initiative’ that is aimed at promoting resilience in climate-related risks.

Jordaan says it is an honour for him to represent the UFS and DiMTEC on such a specialist committee. “For me, it is recognition of the contribution we make in Africa and the world to disaster risk and climate adaptation,” he says.

DiMTEC is proud to be at the forefront of disaster management training in Africa. The centre has close ties with institutions of the United Nations, such as UNU-EHS, UNU-Flores UNOOSA, UNSPIDER, UNEASCO, UNEP, UNCCD, UNISDR and UNDP, among others.

DiMTEC strives to inform the public about disaster risk reduction through education. The centre’s master’s and post-graduate degrees in disaster management, as well as short courses and research, are of the highest standard.

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