2023 CFA Society Singapore University Ethics Challenge

About the Challenge

The finance profession is fraught with ethical dilemmas. To prepare graduates for these challenges, CFA Society Singapore is organising the University Ethics Challenge for the benefit of undergraduates who aspire to enter the profession.

The challenge embodies the mission of CFA Institute by promoting “the highest standards of ethics, education, and professional excellence.”

How It Works

It’s easy. Just invite two other undergraduates in the same university to form a team of three.

Diversity of team members is highly encouraged.

Attend a short Kickoff Meeting (via Zoom) where guidance and training will be provided.

Register your team for the challenge (Your university representative may also require your details).

A case study will be released to the team via registered email.

Present your analysis and recommendation (via Zoom) at the allocated slot in the Singapore Semi-Finals.

Teams are judged based on the ability to identify and analyse dilemmas and violations (based on CFA Institute Code of Ethics & Standards of Professional Conduct) including recommended course of action.

Judges will give immediate verbal feedback on presentation skills (not content as some teams will advance to the Singapore Finals) after the presentation.

There will also be some time for networking between participants and judges (who are likely to be practitioners).

For the selected few teams, they will progress to the Singapore Finals (also via Zoom).

Benefits of Participation
  • Increased awareness of real-world ethical dilemmas and prepares undergraduates on how to handle them (these skills are needed during internship, scholarship and job position interviews as Singapore firms are increasing examining candidates’ ability to evaluate dilemmas).
  • Improves presentation and teamwork skills.

  • Provides professional networking opportunities for undergraduates.

Learning resources
2020 CFA Society Singapore Ethics Challenge - Local Finals

What is CFA Society Singapore University Ethics Challenge?

Listen to what the Winning Team of 2019, The Whistleblowers from NUS have to say:
Listen to what students who participated in the Challenge have to say about their experience:
Listen to what the judges have to say about the competition:





Saturday, 2 September 2023

Kick off Meeting/Training via Zoom

9:00am to 12:00pm


Monday, 11 September 2023

Deadline for Team Registration

Registration closes 11:59pm


wednesday, 13 September 2023

Short case study to be released

via email at 9:00am


friday, 15 September 2023


Presentation deck to be submitted by 9:00am


Saturday, 16 September 2023

University Ethics Challenge Semi Finals

9:00am to 1:00pm

Each team will be given 20 minutes for a Zoom presentation and Q&A at a pre-allocated slot. Once your team has presented, you are deemed to have completed this segment of the challenge. Await results via email. Only selected teams will advance to the University Ethics Challenge Finals


Saturday, 23 September 2023

University Ethics Challenge Finals

9:00am to 1:00pm

Each team will be given another 20 minutes for a Zoom presentation and Q&A at a pre-allocated slot.

Announcement of CHAMPION TEAM at the end of challenge.


come witness

The 6th Edition of the University Ethics Challenge (Singapore Finals) on

23 September 2023, Saturday, from 9am onwards