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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

Louzanne smashes world record despite strong wind
2017-04-13

Description: Louzanne smashes world record  Tags: Louzanne smashes world record

Louzanne Coetzee and her guide
Khothatso Mokone.
Photo: Johan Roux

Despite the terribly windy conditions at this year’s Nedbank National Championships for the Physically Disabled, Louzanne Coetzee managed to improve her world record in the 5 000 m race.

Record improved by almost 40 seconds
Last year, Coetzee, who works at the Institute for Reconciliation and Social Justice at the University of the Free State (UFS), was the first blind athlete to complete the 5 000 m race in less than 20 minutes.

Her own record in the 5 000 m race (T11 category) was 19:17.06 and with the help of her guide, Khothatso Mokone, she improved it by almost 40 seconds. The new national record now stands at 18:37.23.

Coetzee says the evening before the race the winds were terrible, and she started to wonder what would happen during her race. “Even though the wind was a bit tough, overall it was a good race,” she says.

Overjoyed by exceptional time

She says that when she heard her time was a new record, she was completely overjoyed and could not believe it. “I was aiming to run just under 19 seconds but when I heard that my time was not only a personal best but also a new world record, I was over the moon.”

The Championships took place from 31 March to 4 April in Port Elizabeth. Coetzee and Mokone will be in action in a Grand Prix in Switzerland next month.

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