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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

Small-town girl dreams big
2017-02-16

Description:Andiswa Methu   Tags: Andiswa Methu   longdesc=

Andiswa Methu, a first-year
BCom Accounting student at
Kovsies and one of the
top-achieving matriculants
in the country.
Photo: Siobhan Canavan

Andiswa Methu will miss her mother, but will work hard to send her first salary to the woman who raised her to stand proud as one of the top-achieving matriculants in the country.

Excited to make new friends at UFS

The 17-year-old Andiswa, from Petrusburg in the Free State where she attended Ipetleng Secondary School, is a first-year student at the University of the Free State in 2017. She is studying BCom Accounting and will become part of the Welwitschia female residence on the Bloemfontein Campus.

Although she was not too keen on moving away from home, Andiswa is excited about making new friends and loves meeting new people. “I’m going to miss my mother so much and I know that this will be a different environment for me, but I’m excited for the journey that lies ahead.”

Working hard to make her mother proud

The first-year, who loves working with numbers, says she will work hard to make her mother, Nozibonelo Methu, proud. “I am going to study accounting,” she says. “My first salary will definitely go to my mother.”

 

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