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Congratulations to Stellenbosch University, winner of the 

2021 / 2022 CFA Institute Local University Research Challenge 

hosted by

CFA Society South Africa

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Watch the 2021/2022 CFA Institute University Research Challenge Local Final 

​View here

About the CFA Institute University Research Challenge

CFA Society South Africa is proud to host the 13th annual local CFA Institute University Research Challenge.

CFA Society South Africa is delighted to once again be part of this initiative that offers students the unique opportunity to learn from leading industry experts and compete with peers from the world's top finance programmes. 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. 

2021 Participating Universities

​University of the Free State (2 Teams)
University of Johannesburg
​Stellenbosch University  (2 Teams)
​University of Cape Town
​University of the Witwatersrand

Subject Company

IMPLATS has agreed to be the subject company for​ this year’s 2021/2022 CFA Institute Local University Research Challenge.

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Know more about last year's Challenge:

University of Cape Town, won the 

2020 / 2021 CFA Institute Local University Research Challenge.

 Click here to view the final of last year's winners.

University of Cape Town then went on to compete virtually in CFA Institute's Sub-Regionals where they

won that round and then competed as one of 6 teams representing EMEA at the Regionals.

Volunteer Opportunities

If you would like to be part of this great initiative as either:

Industry Mentor - working with participating university students

Report Grader - review and grade participating team research reports


Contact Lucille Smit CFA Society South Africa Candidate Suppport Coordinator to get involved or for any other queries about the University Research Challenge

011 011 9066