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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.”

News Archive

Statement in the media on 14 January 2016 by national student structures about national student protests

2016-01-15

The University of the Free State takes cognisance of the decision by national student structures on 14 January 2016 that protests should stop and students return to studies. Here are selections from a transcription of the press conference, followed by a link to the full and complete transcript:

“The PYA calls for Back to School... The Progressive Youth Alliance, Sasco, YCL, ANC Youth League, call upon students from all walks of life to use the systems provided by government and not delay their future any longer unnecessarily. There is no reason at all for strikes to continue when people's government has addressed the main immediate concerns of students...

“Members of PYA, Sasco, ANC Youth League, and the Young Communist League, and all progressive forces, should defend the interests and gains of students who marched genuinely for FeesMustFall last year. They must make sure that students are on the concession provided by government and go back to class and wait for the report from the commission [on free higher education recently established by President Zuma]...

“Students should be decisive and reject dark forces that seek to delay them further, and students should play their part by ensuring that they focus on their academic studies, and take the opportunity provided through this additional loans and bursaries to successfully complete their studies...

“Students can no longer delay their studies. They must be allowed to write their examinations - those who did not write last year - and those who need to register, must register and go back to class. We will regroup ten months into the year when the report of free higher education has been released, to consider its content...

“Fees have indeed fallen, access must rise, and all students must go back to school.”

Link to complete transcript: http://ow.ly/X5ViR

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