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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

Future of Reitz Residence still to be decided
2008-04-22

Statement by the Rector and Vice-Chancellor of the University of the Free State (UFS), Prof. Frederick Fourie

Reports in some media today (Monday, 21 April 2008) may have created the impression that the University of the Free State (UFS) has made a decision not to close the Reitz Residence where four former students produced a racist video.

This is incorrect. No such or any other decision on the future of Reitz Residence has been taken. The UFS Council mandated management last month to consider the possibility of closure of the residence and of its conversion into a beacon of transformation, hope and liberation (either as a residence or in some other form). Persons who will be affected directly by such a decision (and others) were given the opportunity to make written submissions for consideration by management.

The "Nasionale Unie van oud-Reitzmanne" is a grouping of former students and one of many groups that utilise this opportunity. They held a meeting in Bloemfontein this past weekend where the call was made for Reitz to remain open as a residence. This call was reported as if it was a decision of the UFS.

Their submission will be considered along with the various written submissions that have been made and they are being carefully studied. When this process is over, the University will make an announcement on the future of the residence.

Media Release
Issued by: Lacea Loader
Assistant Director: Media Liaison
Tel: 051 401 2584
Cell: 083 645 2454
E-mail: loaderl.stg@ufs.ac.za  
21 April 2008

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