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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.”

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Veritas and Marjolein take Sêr champion’s title

2015-08-11

Veritas
Photo: Johan Roux

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Following zealous performances during the rotations from 3-6 August 2015, Veritas and Marjolein made the cut to the finals, subsequently emerging as the Kovsie Kleinsêr (Sêr) 2015 champions.

This year’s Sêr had 10 male and 14 female residences competing for a limited number of places in the finals. With only five and six spots available, respectively, the competition was extremely tough.

The University of the Free State’s cultural calendar culminated in a taxing final battle on Saturday 8 August 2015, by courtesy of MacDonalds Bloemfontein. Veritas, Vishuis and Armentum from the male section as well as Marjolein, Sonnedou, and Roosmaryn contending as female counterparts sent a rhythmic ripple across the Bloemfontein Campus.

With these residences occupying the top three spots, adrenaline reached maximum levels as the groups competed for the crown and a place in the nationals. Spectators at the sold-out music event experienced world-class entertainment in all three venues: the Albert Wessels Auditorium, the Odeion, and the Kovsie Church.

On 29 August 2015, the champions are scheduled to test their strength against the universities of Pretoria, the North West, and Johannesburg at the nationals. The Stellenbosch University is to host this year’s Kleinsêr national competition, where the best will be crowned as South Africa’s Klêinser kings and queens.

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