2020 CFA Society Singapore Ethics Challenge

About the CFA Society Singapore Ethics Challenge

CFA Society Singapore is organizing the third University Ethics Challenge. Undergraduates will be introduced a new approach to ethics pedagogy through experiential learning.

The CFA Society Singapore University Ethics Challenge embodies the mission of CFA Institute by promoting “the highest standards of ethics, education, and professional excellence.” In addition, it focuses on many of the elements of CFA Institute’s Future of Finance initiative. Equally as important, it helps prepare those entering the investment profession for the ethical challenges that they will face in the workplace.

How It Works

Each team shall consist of THREE members. Diversity in team members from the same university is highly encouraged.

The Ethics Challenge comprises three segments: Kickoff Meeting (where we provide guidance and training), Singapore Final and APAC Regional Final . Competing teams are given a case study and tasked to identify and analyse the ethical issues. They are then tasked to resolve these issues.

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

Benefits of Participation
  • ​​Increase awareness of real-world ethical dilemmas and prepares students for how to handle them, particularly during internship, scholarship and job position interviews as Singapore firms are increasing examining ethical issues in their evaluation of candidates.
  • Improves student presentation and teamwork skills.
  • Positive public relations and brand exposure for university.
  • Augments classroom learning by combining theory and practice.
  • Provides professional networking opportunities for students and faculty.
  • Demonstrates the importance of strong ethics to tomorrow’s professionals.
Learning resources

What is CFA Society Singapore 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:


Email us at [email protected] cfasocietysingapore.org


19 September

[Virtual] Kickoff Meeting

(Online via Zoom  between          9am to 12pm)

Closes on 20 September (12:00)

Challenge Registration

23 September (08:00)

1st Case Release

25 September (08:00)

Submission of 1st Case Presentation

26 September

[Virtual] Ethic Challenge Singapore Finals 

(Announcement of Final 2 Teams to be advanced to APAC Regional Finals)

30 September

2nd Case Release​

2 October

Submission of 2nd Case Presentation 

3 October

[Virtual] Ethics Challenge APAC Regional Final

CONGRATULATIONS to the winning team of the University Ethics Challenge 2019, The Whistleblowers from National University of Singapore!



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