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29 October 2024 | Story Jacky Tshokwe | Photo Supplied
RAiN Automate Innovate Challenge 2024
The University of the Free State accounting students rise to the challenge in the RAiN Automate to Innovate Challenge.

The School of Accountancy at the University of the Free State (UFS) is leading a forward-thinking initiative by introducing the RAiN Automate to Innovate Challenge in 2024. This marks the first time that the UFS has run this challenge, and it is already making waves in the accounting education landscape. As one the few Accountancy department in South Africa to host such an event, the UFS is paving the way for technological integration in the academic world, setting the stage for future inter-university competitions.

The RAiN Automate to Innovate Challenge invited second-year BAcc students enrolled in the EIDE2724 module to participate in groups of three to four. Their task was to identify and solve a real-world problem related to either students or business by developing a robotic process automation (RPA) bot using Power Automate.

The challenge followed an exploratory learning approach, empowering students to dive into the world of automation with minimal formal lecturing. This approach develops students’ creativity and problem-solving skills. The students worked hard to master Power Automate and applied their knowledge to build automation bots that successfully solved business and student life problems.

Presentations and the final showdown

After presenting their bots on 10, 11, and 14 October, the top six groups were announced in class, eagerly awaiting the grand finale. The final round took place on 18 October from 12:00 to 14:00, where the top six groups competed head-to-head.

A distinguished panel of judges, consisting of three judges from RAiN Auditors and three from the UFS, evaluated the bots based on creativity, functionality, and potential impact. By the end of the event, the winning groups were announced, and the following prizes were awarded:

  • First place: R1 500 each
  • Second place: R1 200 each
  • Third place: R1 000 each

The prizes were generously sponsored by RAiN Auditors, showcasing their commitment to fostering innovation in education.

Looking ahead

As the first South African university to run this type of challenge, the UFS aims to inspire other institutions across the country to follow suit. The School of Accountancy is eager to expand this competition, with the hope of challenging other universities in 2025 and beyond, creating a platform for students to showcase their technical skills and business acumen in the rapidly evolving field of accounting.

Stay tuned for the impact and future growth of the RAiN Automate to Innovate Challenge, where we continue to push boundaries and prepare the next generation of accountants to excel in a digital world.

For more insight into the competition, check out the video recap [here](insert Vimeo link). Be sure to explore the image gallery, showcasing the incredible work and teamwork of our students.

Check out the video here for more details.

News Archive

Over 300 diplomas in Financial Planning Law awarded
2012-06-28

 

Adv. Wessel Oosthuizen, Director of the Centre for Financial Planning Law; Marilize Putter, top student in the Advanced Postgraduate Diploma in Financial Planning Law, Jenny White, top student in die Postgraduate Diploma in Financial Planning Law and Prof. Rita-Marie Jansen, Acting Dean: Faculty of Law at the UFS.
Photo: Stephen Collet
28 June 2012

The Centre for Financial Planning Law (CFPL) in the Faculty of Law at the University of the Free State (UFS) awarded 342 Postgraduate and Advanced Postgraduate Diplomas in Financial Planning at this year’s graduation ceremony. The ceremony was held at the Sandtion Conference Centre in Johannesburg on 19 June 2012.

Some of the distinguished guests who attended were Dr Khotso Mokhele, Chancellor of the UFS, Dr Derek Swemmer, Registrar of the UFS, Prof. Nicky Morgan, Vise-Rector: Operations at the UFS, Prof. Helena van Zyl, Director of the UFS’s Business School, Prof. Rita-Marie Jansen, Acting Dean of the Faculty of Law and Adv. Wessel Oosthuizen, Director of the CFPL. The Chief Executive Officer of the Financial Planning Institute of Southern Africa, Mr Godfrey Nti, and the Chairperson of the Board, Mr Solly Keetse, were also present at the graduation ceremony.

Marilize Putter was named as the top student in the Advanced Postgraduate Diploma in Financial Planning Law, with Jenny White the top student in die Postgraduate Diploma in Financial Planning Law.

The UFS remains the largest institution in this field. The UFS’s Centre for Financial Planning Law is also the only institution in South Africa that presents the Postgraduate Diploma in Financial Planning Law as a pure specialisation diploma.

Donors who made the event possible include:

  •  Craig Bentley of Alexander Forbes
  •  Dev Chetty of Liberty Life
  •  Henry van Deventer of Acsis
  •  Tessa Pappenfuss of Lexis Nexis
  •  Bertie Nel of Momentum

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