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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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Kovsie Netball team aims for first home final on Monday 12 October 2015

2015-10-09

Kovsies Netball has been unbeaten this year.

The University of the Free State (UFS) netball team is hoping to continue its good performance in the Varsity Sport series against the North-West University on Monday 12 October 2015 at 19:00, in order to reach the finals for a third consecutive year.

The teams will meet in the Callie Human Centre on the Bloemfontein Campus for a follow-up of last year’s semi-final. Kovsies won that that game in Bloemfontein with a score of 51-45.

If the home team prevails, they will be hosting a final for the first time.

The Kovsies, who were unbeaten this year, and finished at the top of the log, were the champions in the first two seasons, but had to play away from home in the final against Pukke in 2013 and Tuks in 2014.

The last league match they lost against Pukke was in 2013. The score in Pretoria was 47-60 in favour of the Pukke.

Many of the clashes between the teams have been very close games. Last year, there was a 45-45 draw in Potchefstroom.

In the first round of 2015 between Kovsies and Pukke in Bloemfontein, the UFS won by 47-38.

In their final league match in Stellenbosch on Monday 5 October 2015, Kovsies won against Maties by 41-33, while the Pukke, who ended fourth on the log, defeated the Madibaz 65-32 in Potchefstroom.

In the other semi-final on Monday, Tukkies and Maties, second and third respectively on the log, will play against each other in Pretoria. This match will be broadcast live on a big screen in the Callie Human Centre on Monday.

The Kovsie captain, Karla Mostert, who will be playing for Bath in England next year, is currently ahead on votes for Player of the Series. Last year, she was also Player of the Series. Fans may vote for her on the Varsity Sport Facebook page at https://www.facebook.com/varsitysportsSA.

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