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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

Sello, Brits and Van Vuuren shine at Varsity athletics
2017-03-10

Description:Varsity athletics   Tags: Varsity athletics  longdesc=

Elmé Smith represented Kovsies in the 100 m
and 200 m at the Varsity athletics event in
Potchefstroom.
Photo: Mario van de Wall/SASPA

Jovan van Vuuren, Maryke Brits, and Tsepang Sello were our big stars at the first Varsity athletics event in Potchefstroom. They all finished first in their items and helped their Kovsies team claim an excellent overall third position among eight universities.

The jumps by Van Vuuren and Brits (both long jump) of 7.73 m and 6.11 m respectively were the longest, while Sello’s time in the 800 m was 2:12.01. Brits not only won the long jump, but was also second in the 100 m hurdles (13.65 s).

UFS outperform the likes of Maties, UJ

The Kovsies eventually bragged with three first, seven second, and two third spots on the podium. They ran, jumped and threw, bagging altogether 12 podium spots to accumulate 14 902 points (with an average of 993). Tuks, with 15 604 (1 040), and Pukke with 15 252 (1 017) was respectively first and second on 3 March 2017. Our team outperformed universities like the Maties and the University of Johannesburg.

Rynardt, Kesa claim second place

Big names such as Rynardt van Rensburg (800 m, second in 1:50.49) and Kesa Molotsane (1 500 m, second in 04:29.31) also scored podium spots. The second Varsity athletics meeting will take place in Pretoria on 31 March 2017.

Team results in Potch:

1. Tuks 15 604 (Top 15’s average: 1 040)
2. Puk 15 252 (1 017)
3. Kovsies 14 902 (993)
4. UJ 14857 (990)
5. Maties 14317 (954)
6. UWC 14068 (938)
7. Madibaz 13721 (915)
8. TUT 13463 (898)

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