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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

Drama students awarded National Arts Council bursaries
2016-05-04

Description: Drama students awarded National Arts Council bursaries  Tags: Drama students awarded National Arts Council bursaries

The National Arts Council (NAC) has awarded R100 000 to 10 Drama students at the University of the Free State (UFS). Eight years after its establishment in 2005, the NAC has partnered our university in funding academically-deserving students needing assistance with tuition. To date, our undergraduate students have benefitted from more than R800 000.

Prof Nico Luwes, Head of the Department of Drama and Theatre Arts, who applies to the NAC at the end of each year on behalf of students, welcomes the funds: “Quite a lot of our students would not have been able to complete their studies without assistance from the bursary scheme.”

As a result of this financial injection, South African schools also gain. “Some students then enrol for a higher education diploma, and they then teach Arts and Culture at schools. Hence, there is a whole new generation of Arts and Culture teachers who are now entering the school system,” said Prof Luwes.

Mbuyiselo Nqodi, a second-year BA Drama and Theatre Arts student, would not have been able to enrol at the university in 2015, had it not been for the NAC.  “Without the bursary, I would not have been admitted into the university. It helped a lot because R10 000 can go a long way.”

Pursuing its mandate to support and develop South Africa’s arts, culture and heritage sector, the NAC awarded 117 bursaries to arts students and tertiary institutions for the year.  A total of R5 million has been allocated for 2016, a 10% increase on the previous financial year.

According to the NAC Chief Executive Officer, Rosemary Mangope, one of the aims of the NAC is to provide support to students who will contribute to the arts and culture industry in a meaningful and sustainable manner.

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