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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

Vice-Chancellor’s Prestige Scholars Programme provides platform for next generation scholars
2015-12-08

Dr Rudo Ngara

“The PSP provides a platform for growth, where scholars get to interact with seniors and peers, giving much needed guidance as to where you are and what the next level of your work should be.” This is how Dr Rudo Ngara —a scholar of the Vice-Chancellor’s Prestige Scholars Programme (PSP)—describes the initiative.

For young scholars, such as Dr Ngara, it can be difficult to generate sustainable funding externally for their research. These researchers are not yet established in networks and collaborations independent of their doctoral supervisors, which makes procuring funding even more challenging. This is where the PSP makes an invaluable contribution.

Through the support of PSP, Dr Ngara was recently awarded a substantial NRF (National Research Fund) grant. Dr Ngara is currently a lecturer in the University of the Free State (UFS) Faculty of Natural and Agricultural Sciences on the Qwaqwa Campus. Her research is especially topical as it investigates how crops—particularly cereals—respond and adapt to a range of abiotic stress factors. These factors include drought, high salinity, and extremely high temperatures. Dr Ngara seeks to develop resilient crops that are better suited to produce under harsh environmental conditions. This research endeavour would have been far more complicated if not for the PSP.

Although the programme is not a funding agency, it does have an excellent record of support towards generating funding from outside sources such as Fulbright, the Commonwealth and, of course, the South African NRF.

 

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