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UFS team makes it to top four in CFA University Research Challenge

18 November 2020 | Story Dr Nitha Ramnath | Photo Supplied

CFA CHALLENGE_web read more — 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

Protest actions on the Main Campus

2008-03-12

Staff and students are kindly requested to take note of the following protest actions that will take place on the Main Campus.

As a result of a dispute over the status of roads on campus, permission was granted by the municipality and the court, in the presence of the university lawyer for the three actions. Strict conditions have been set for these protest actions.

a.) On Wednesday, 12 March 2008, Satawu and Nehawu will picket in front of the Main Building from 09:00 to 12:00. Three hundred persons will possibly attend this event. Marchers are not allowed within 10 meters from the Main Building and there will be 45 marshals present. This is not a march and no memorandum will be handed over. There may be no speeches.

b.) On Thursday, 13 March Nehawu will again picket in front of the Main Building from 13:00 to 14:00. This event must be peaceful. Only 125 Nehawu members may participate and protesters may not break away from the big group. They may not come within 10 meters of the Main Building. Twenty five of the protesters will be marshals. This is not a march and no memorandum will be handed over. No speeches may be made.

c.) On Friday, 14 March a march of Cosatu and Nehawu will take place. This march will probably be joined by a big number of people.

The march will continue through the Nelson Mandela Gate and will enter the campus grounds, but will be limited to the incoming lane of Chancellors Avenue from the Main Gate to the crossing with Alumni Avenue (in front of the Odeion). Speeches will be made and a memorandum will be handed over.

The march will reach the campus at 10:00 and from then the Nelson Mandela Gate will be closed for all traffic. The march must be finished by 14:00. The marchers will return to the city centre and could cause a traffic problem in Nelson Mandela Avenue.

The South African Police Service and the UFS’s Protection Service will monitor all these actions. Staff are kindly requested to use alternative gates to the Nelson Mandela entrance on Friday. Academic activities continue as normal.

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