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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

A Kovsie friend in need is a Kovsie friend indeed
2015-09-23


Several student organisations have recently started
initiatives to lessen the burden on needy students,
and on the broader community. It is because of
these initiatives that donations of food, commodities
and clothes reached the No Student Hungry (NSH)
Bursary Programme at the University of the Free State.

Photo: René-Jean van der Berg

Kovsie students have often showed that a friend in need is a friend indeed. Several student organisations have recently started initiatives to lessen the burden on needy students, and on the broader community.

It is because of these initiatives that donations of food, commodities and clothes reached the No Student Hungry (NSH) Bursary Programme at the University of the Free State.

The Rag Community Service and NSH offices are extremely grateful to students and staff for their selfless donations, also in respect of the difference these initiatives are making to Kovsies’ chances of having a better future.

The food and commodities will be distributed to the community, while the clothing donations are used for regular clothing sales in order to raise funds.

The food donations included a substantial donation from the support organisation, Gift of the Givers. The organisation heard about the NSH Bursary Programme and, due to the scope of the student-hunger problem, decided to become involved.

“This is an excellent initiative, and the passion with which it is driven motivated us to make a donation,” said Ms Emily Thomas, representative from Gift of the Givers.

Ms Karen Scheepers, Assistant-Director: Student Life responsible for Rag Community Service, said the recent donations and initiatives are proof that the Kovsie community really cares for each other.

“I found it amazing how willing students were to help and to give. From the moment we asked for help, students arrived at our offices with loads of stuff.”

 

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