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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

Two Kovsies in Baby Boks group for U20 Championship
2017-05-12

Description: ' 000 Baby Boks Tags: Baby Boks 2017

Scrumhalf Rewan Kruger, left, and prop Kwenzo Blose, both
rugby players from the University of the Free State, will
soon be playing in their first and second Junior World
Tournament respectively.
Photo: SA Rugby

Although he will soon be playing in his first Junior World Cup, Rewan Kruger believes his experience of international rugby will help him succeed. Last year, the scrumhalf was part of the South African schools team playing in the U19 series against Italy, Wales, England, and France.
Kruger and prop Kwenzo Blose, who will be playing in his second World Tournament, are two players from the University of the Free State that were recently included in the final Baby Boks group of 28. The World Rugby U20 Championship will take place in Tbilisi, Georgia from 31 May to 18 June.

A taste of international rugby

The 19-year-old Kruger says it is hard to describe how thrilled he is about his inclusion. “The whole group of players were gathered in a room and the next moment the coach [Chean Roux] played a video on his computer, announcing the team that will be playing abroad.”
The former Grey College, Bloemfontein, pupil has already had a taste of international rugby. “I believe the experience I gained in the international U19 series will help me a lot in the upcoming U20 World Rugby Championship. I already have an idea of the pace of an international game.”

Team can improve on previous year

Blose, KovsieSport’s Junior Sportsman for 2016, says the South African U20 team could do better than the fourth place they got in Manchester, England in 2016. “South Africa is a strong rugby nation and we have set high standards for ourselves. Therefore, we will do our best to win the tournament. We have a great group and I believe we have the potential to win the trophy.”
The former lock from Glenwood High School, Durban, says it has helped his team to play practice matches against senior teams such as the Griquas. “The preparation was tough and I think it will benefit the team.”

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