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18 November 2020 | Story Dr Nitha Ramnath | Photo Supplied
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

Armentum make their mark on Barefoot Day
2015-08-19


On a cloudy day when it seemed that no one would be willing to take off their shoes, Armentum men’s residence and Put Foot Foundation supporters stepped out in their numbers to provide shoes for less fortunate school children.

With a R10 donation, supporters could dip their feet in paint in order to make their mark on the blank canvas in support of this good cause. The main aim of barefoot day is to tackle the daily plight and indignity of school children.

The Armentum students kicked off the event on the Red Square at the UFS Bloemfontein Campus, where they were partnered by the Institute for Reconciliation and Social Justice.

On the day, Dr Choice Mokgetha, Vice-Rector: External Relations, and Prof Nicky Morgan, Vice-Rector: Operations, made a contribution of R1000 for all the foot prints made on the canvas.

“The idea was conceived by the residence and RC Culture, Thapelo Makhubalo. Joining hands with the Institute for Reconciliation and Social Justice made it possible for us to make it an even bigger event. “Since I work at the Institute, and they work with human rights, it was easier to get them on board,” said the Prime of Armentum, Eddie de Wet.

At the end of the event, the blank canvas was filled with footprints supporting the initiative. All proceeds will be used to put shoes on the feet of children.


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