CFA Society South Africa

A Partner in the CFA Institute Global Network of Societies

 CFA Institute Research Challenge

 

 2014 RESEARCH CHALLENGE   

Our thanks to the ten university teams who participated in the 2013/14 University Research Challenge.  The top four teams – UCT, University of Stellenbosch, UJ and Wits presented to our Judges, Mark Butler, CFA, Mark Ingham and Randolph Oosthuizen, CFA and guests on 17th October at GIBS – the teams analysed MTN and  our thanks to them for their support. 

The winning team who goes forward to Italy in April 2014 to compete internationally is:  UNIVERSITY OF CAPE TOWN. 

Our congratulations to all participants and good luck to the University of Cape Town. 

Our sincere thanks to Graders, Mentors and all who made this possible.

 

 CFA Institute Research Challenge in South Africa 2013/2014

The CFA Institute Research Challenge offers students the unique opportunity to learn from leading industry experts and compete with peers from the world’s top finance programs.  This annual educational initiative promotes best practices in equity research among the next generation of analysts through hands-on mentoring and intensive training in company analysis and presentation skills.

The Challenge gathers students, investment industry professionals, publicly traded companies, and corporate sponsors together locally, regionally and globally for a real world competition.  Additionally, all participants are introduced to and held to the standard of the CFA Institute Code of Ethics and Standards of Professional conduct

CFA South Africa has been proud to host the 5th annual local level of the CFA Institute Research Challenge in South Africa. 

 

About The CFA Institute Research Challenge in South Africa

The CFA Institute Research Challenge offers students the unique opportunity to learn from leading industry experts and compete with peers from the world’s top business schools. This annual educational initiative is designed to promote best practices in equity research among the next generation of analysts through hands-on mentoring and intensive training in company analysis and presentation skills.

Over the course of the competition, university teams of 5 students each are mentored by industry professionals in writing an equity research report on a publicly traded company. The teams then present their findings to a distinguished panel of experts. Past panelists included directors of research, chief strategists and ClOs from Bear Stearns, Goldman Sachs, Lehman Brothers, and Morgan Stanley.

The Challenge consists of the following components:

I. Analysis of a Public Company: Teams research a publicly traded company. Company management presents to the teams and participates in a Q&A session.
II. Mentoring By a Professional Research Analyst: Each team works with an investment professional, who mentors the team on research process and reviews and critiques their report.
III. Writing a Research Report: Students produce an initiation of coverage report on the chosen company. The report is reviewed and scored by a group of judges.
IV. Presentation of Research to a High-Profile Panel of Experts: Teams present their research to a panel of experts from top financial institutions. The team with the highest combined report and presentation score is the winner.
V. Advancement to the CFA Institute Research Challenge: The winners of the local competitions will advance to compete against teams within their geographic region, culminating in a global final scheduled early April 2014 in Thailand.

 About CFA Institute

About CFA Institute

CFA Institute is the global membership association that administers the Chartered Financial Analysts (CFA) and Certificate in Investment Performance Measurement (CIPM) curricula and exam programs worldwide; publishes research; conducts professional development programs; and sets voluntary, ethics-based professional and performance-reporting standards for the investment industry. CFA Institute has more than 108,123 CFA Charterholders, in 138 countries and territories. The CFA Institute has offices in Charlottesville, VA., London, Hong Kong, New York and Brussels. More information may be found at www.cfainstitute.org.

Membership

CFA Institute is comprised of more than 135 member societies across the globe who believe in setting a higher standard for the investment profession. Individual members either hold the Chartered Financial Analyst (CFA) designation or are active in the investment business and all agree to abide by the CFA Institute Code of Ethics and Standards of Professional Conduct.

CFA Program

The global standard for measuring portfolio management and investment analysis competence and integrity, the CFA Program offers a challenging self-study program for busy investment professionals.

Ethical Enforcement and Advocacy

The Professional Conduct Program enforces compliance with the Code of Ethics and Standards of Professional Conduct by members, candidates, and Charterholders.

CFA Institute Centre for Financial Market Integrity

The mission of the Centre is to be a leading voice on issues of fairness, efficiency, and investor protection in global capital markets, and to promote high standards of ethics, integrity, and professional excellence within the investment community.

Continuing Education

The voluntary Professional Development Program (PD) helps members keep abreast of industry standards and attain lifelong learning goals by receiving credits for a variety of professional development activities.

Member Societies

CFA Institute serves investment professionals at the local level through their affiliated societies.