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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

Computer laboratory receives generous donation from the Dell Foundation

2008-05-12

The University of the Free State (UFS) recently received 200 computers to the value of R2 million from the Dell Foundation.

The computers will be used in the new computer laboratory, which is being built between the UFS Sasol Library and the Genmin Lectorium on the Main Campus in Bloemfontein.

The building will make ample provision for students who have to make use of a computer for study purposes.

Altogether 815 computers will be at students’ disposal in the new laboratory. On the ground level four rooms will be furnished with computers. Students will be able to have discussions in two of these rooms, while they can work in silence in the other two rooms.

Provision is also made for 18 group rooms, which will be furnished with a computer and big screen. These rooms can occupy seven persons and will be made available by means of a booking.

Lecture halls will be built on the second level, together with the group rooms. The largest of these will have 184 seats and can also be used as an examination hall.

Another hall with 170 seats and three with 40 seats will be available. Two lecture halls will be furnished with laptops on movable desks to enable students to work in groups.

Security cameras will be installed all over the building and strict security measures will be enforced.

The laboratory, with a total project cost of about R28 million, will be in use next year.

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
12 May 2008

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