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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

Wayde Van Niekerk makes sprinting history

2016-03-13

He is the world champion in the 400 m, the South African Sports Star for 2015, and now Kovsie student Wayde van Niekerk has achieved something nobody else has done before.

On 12 March 2016, Van Niekerk became the first athlete in history to run the 100 m under 10 seconds, the 200 m under 20 seconds, and the 400 m under 44 seconds. Van Niekerk achieved this feat, which was confirmed by the IAAF, when he ran a personal best in the 100 m at the Free State Championships in his hometown of Bloemfontein.

His time of 9.98 seconds in the 100 m improved his previous best by 0.47 seconds. Van Niekerk ran his previous best back in 2011 and didn’t compete much in this event during the last couple of years.

“We, as the UFS leadership, are enormously proud of this historic achievement of Wayde, who embodies our values of academic commitment and human decency in every way,” said Prof Jonathan Jansen, Vice-Chancellor and Rector of the University of the Free State (UFS).

He was congratulated by many people on social media over the weekend. AB de Villiers, the Proteas' test and one-day cricket captain, was one of a few well-known people who congratulated Van Niekerk on Twitter.
“@WaydeDreamer don’t know the man, but WOW. Take a bow,” De Villiers tweeted.

A humble Van Niekerk thanked De Villiers and wished him good luck for the upcoming T20 World Cup in India.

The 23-year old Van Niekerk said on his Instagram account that it was a childhood dream to run a sub 10, and expressed his thanks to his supporters.

On 11 March 2016, Van Niekerk won the 200 m at the Free State Championships in 20.97 seconds. His best in this event is 19.94 seconds.

More articles:

Van Niekerk makes sprinting history in Bloemfontein (IAAF)

UFS community proud of Wayde’s hat trick of awards

Wayde nominated with SA’s best

Wayde one of the Adidas faces for Rio 2016

NBC tells Wayde’s story

Wayde, Karla crowned as KovsieSport’s best

UFS congratulates Wayde van Niekerk and other students for their national and international

Kovsies Wayde van Niekerk wins gold at the IAAF World Championship

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