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23 October 2023 | Story SAMKELO FETILE | Photo SAMKELO FETILE
Third year students: Sipho Majenge, Thapelo Tinte, Dr Edson Vengesai, Busisiwe Nhlapo and Tsolofelo Zwane.
Third year students: Sipho Majenge, Thapelo Tinte, Dr Edson Vengesai, Busisiwe Nhlapo and Tsolofelo Zwane.

The University of the Free State (UFS), Department of Economics and Finance in the Faculty of Economic and Management Science, has recently made headlines by achieving remarkable success in the prestigious JSE Investment Challenge competition. The 3rd-year group secured an impressive second position, while the Honours group claimed an outstanding third place. These achievements are truly commendable, given the fierce competition and rigorous evaluation of financial acumen that characterises this national competition.

The 3rd-year group, consisting of Thapelo Tinte, Sipho Majenge, Busisiwe Nhlapo and Tsolofelo Zwane, showcased their financial prowess by excelling in trading futures, a complex financial instrument that demands in-depth knowledge and expertise. On the other hand, the Honours group, comprised of Dawie Bekker, Divan Koch, Keith Tarr, and William Oosthuysen, dedicated their efforts to the stock market. These talented individuals took on the trading aspect of the competition, meticulously constructing and managing their portfolios.

The significance of the JSE Investment Challenge

The JSE Investment Challenge, organised by the Johannesburg Stock Exchange (JSE), is a prestigious national competition designed to introduce students to investment fundamentals, offering practical experience that equips them with the knowledge and skills necessary for informed decision-making in real financial markets. This educational stock trading programme also champions financial inclusion and equality by welcoming students from all fields of study. Distinguished by its association with the JSE, one of Africa's leading stock exchanges, the competition exudes credibility and prestige. Participation from universities across South Africa further enhances its national appeal. Moreover, it imparts invaluable real-world financial skills and knowledge, highlighting the participants’ ability to navigate the complexities of the stock market and effectively manage portfolios.

A test of financial prowess

In the challenge, each participating team is allocated R1 million in virtual money and is tasked with constructing a portfolio by purchasing securities on the JSE. This portfolio is closely monitored over six months, from March to September, with the team that generates the highest return across all universities declared as the winner. The rewards are enticing, with the top team receiving R30,000 and an all-expenses-covered international trip. The second and third-placed teams receive R20,000 and R10,000, respectively.

Dr Edson Vengesai plays a pivotal role as the guiding force behind the JSE Investment Challenge in the Department of Economics and Finance. He emphasises, “The success of the students in the JSE Investment Challenge reflects the institution's commitment to providing practical and relevant education. It demonstrates that the students are not only learning theory but also how to apply that knowledge in real-world scenarios. This achievement enhances the institution's reputation, particularly in the fields of finance and economics. It signifies a high-quality curriculum and a dedication to excellence in education”. 

For more information about the competition, interested individuals can contact Dr Vengesai through the Department of Economics and Finance in the Faculty of Economic and Management Sciences or via email at vengesaie@ufs.ac.za.

Dawie Bekker, William Oosthuysen, Dr Edson Vengesai, Divan Koch and Keith Tarr

Honours students: Dawie Bekker, William Oosthuysen, Dr Edson Vengesai, Divan Koch and Keith Tarr.

News Archive

Faculty of Education discusses new curricula at summit
2012-03-07

 

Die Fakulteit Opvoedkunde se nuut-aangepaste B.Ed.-programme word binnekort by die Nasionale Departement van Hoër Onderwys en Opleiding ingedien vir herakkreditasie. Proff. Rita Niemann (links), Direkteur vir Nagraadse Studie en Navorsing, en Gawie du Toit, Direkteur vir Aanvanklike Onderwysersopvoeding, is aan die stuur van die herkurrikuleringsproses vir voorgraadse en nagraadse programme van die Fakulteit Opvoedkunde.
6 March 2012

The training of professional teachers rests on a strong curriculum. For this reason, the Faculty of Education has been re-looking at the curricula of the B.Ed. programme for the past two years.

Before this programme is submitted for approval and accreditation, the Education Faculty’s staff from the Bloemfontein and Qwaqwa Campuses will attend a summit at the Gariep Dam on 7 and 8 March 2012. This summit is a sequel to guidelines drawn up by the National Department of Higher Education and Training on adjusted requirements for teacher training. It determines that all initial teacher training and honours programmes be recurriculated and resubmitted for accreditation. These requirements were published in the Government Gazette in July 2011 and involve all education faculties in the country.
 
Deans and line heads of other faculties, including Natural and Agricultural Sciences, Humanities, and Economic and Management Sciences, have also become involved as Education students often register for modules in these faculties.
 
Last week a team from the UFS’s Education Faculty also attended a workshop presented by the Council on Higher Education where the criteria for recurriculation and the evaluation of programmes were discussed.
 
Prof. Gawie du Toit of the UFS’s Faculty of Education says curriculation is not merely a technical process but requires thorough reflection and conceptualisation, involving various roleplayers.
“It is important that recurriculation should take place over a period of time to allow for sufficient time for reflection, absorption and ownership.”
 
Thus, the aim of the Gariep Dam summit is to introduce a teachers’ training program that will provide graduates with the necessary knowledge, skills and responsibilities to take up their places as academics and professional beginner teachers.
 
During these two days students in Education will not attend any classes but they are tasked with self study and to complete assignments.

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