Introducing the challenge…

Event Overview

The CFA Society Emirates Ethics Challenge embodies the mission of CFA Institute by promoting “the highest standards of ethics, education, and professional excellence.” The competition is designed to increase students’ awareness of the ethical dilemmas they may face as investment management professionals and to better prepare them for the workforce. ​​​

The Ethics Challenge touches on many of CFA Institute Future of Finance six areas of focus including: Transparency and Fairness, Regulation and Enforcement, and Safeguarding the System. It also promotes ethical awareness and fosters a healthy financial environment.

History

The Ethics Challenge began on 9 January 2014 and involved three of CFA Society Toronto’s partner schools. The Ethics Challenge summons students to analyze a situation with a “grey” area where right or wrong may not be apparent. Student teams are given a case study with an ethical dilemma and present their recommendations to a panel of senior charterholders. A question and answer period follows and a champion is later announced during a reception.

DATE DESCRIPTION
September 2018 Competing colleges / universities must confirm participation in Ethics Challenge with CFA Society Emirates.
October 2018 Names of team members (3 to 4 per team) must be submitted to the society.
November  2018 1. CFA Society Emirates will distribute the Ethics Challenge rules to participants.
2. The society will distribute an identical ethics case to all competing universities
3. Teams work on ethics case and presentation.
December 2018  Ethics Challenge held in the UAE.

Components of the Competition

Analysis / Research of Ethics Case

Each team is given an identical case which focuses on an ethical dilemma such as front running, insider trading, a conflict of interest etc. With their professor’s guidance, the students dissect the case study and provide recommendations.

Students will be provided with CFA Institute readings regarding ethics.

Presentation to Panel of Industry Experts and Leaders

Each team presents their analysis and recommendations to a panel of experts from top financial institutions. The team with the highest presentation score is the winner.

Ethics Challenge Official Rules

Official Rules will be available to teams.

CFA Society Emirates, the local UAE member society of CFA Institute, will host the CFA Society Emirates Ethics challenge in the UAE in 2018 for the first time

Get Involved – Volunteers

We rely on our CFA charterholders and other financial professionals to serve as faculty advisers, and judges at the competition.

Volunteer opportunities include:

  • Advising a university team: Faculty advisers provide a link between the local challenge hosts and their university; they assemble the team for their university and guide students through the competition.
  • Judging student presentations: Judges listen to, critique, and score the student teams’ presentations. Each presentation is 10 minutes in length followed by 10 minutes of questions and answers.
  • Time keeper and master of ceremonies roles at the competition.

If you would like to learn more about available volunteer opportunities with the Ethics Challenge, please contact us.