The MPhil in Development Finance (MDevF) covers all aspects of development finance, including a thorough understanding of the theories underpinning development finance practices. It also focuses on enterprise-level development finance and sustainable growth. This makes the MDevF a critical-skills degree for Africa.
It is aimed at people who are involved with finance and financial management issues in developing countries.
Implementing African-driven solutions is the new approach to the economic development of the African continent. With this qualification participants will be able to:
- Use specialised knowledge to develop Africa where it matters
- Contribute towards sustainable development
- Implement Africa-driven solutions
- Shape finance policies and programmes
- Conduct in-depth research
- Understand the key role of DFIs and financial institutions
Study while you work
The MDevF is a 2-year modular programme, which means that you have to attend 3 blocks of 2 weeks each on the USB campus in Bellville, Cape Town. Off-campus you have to complete a research assignment. This enables students from all over South Africa and other countries to attend – even when working full-time.
Structure and content
- Attend 3 blocks spread over 2 years: The MDevF is presented as a modular programme over two years. Students attend three class contact sessions of a fortnight each over a period of two years and complete a research assignment.
- Core subjects, electives and research assignment: Students need to do the six core modules, as well as two electives are chosen from a list of options. These electives provide areas of specialisation. Students also need to write a research assignment.
- Course methodology: A mix of highly interactive lectures/course material, case studies and a workshop on financial risk and structure. Handbooks, guidelines, articles, journal materials and a matrix /checklists will serve as reference material for future project design and delivery.
- Credits: 180 credits (120 credits for coursework and 60 credits for the research assignment)
The core modules consist of:
- Economic Development Perspectives in Africa
- Issues in Banking and Finance
- Project Finance
- Governance and Ethics
- Research Methods in Development Finance
- Small-scale Enterprise Development
- Development Project Management
- African and Emerging Financial Markets
- Environmental Finance
- Business Forecasting and Econometric Analysis
- Public Sector Finance
- Infrastructural Finance
- Corporate Finance
- Leadership Development
- Financial Sector Regulation and Development
- Investment Promotion
The research assignment forms an integral part of this master’s programme and carries a total of 60 credits which represent one-third of the credit requirements of the programme. The research assignment is usually between 15 000 – 25 000 words on a topic of the student’s choice. Students are encouraged to base their research assignments on topics of direct professional interest to them.
- 6 – 18 March 2017
- 28 August – 9 September 2017
- 27 March – 8 April 2017
- 25 September – 7 October 2017
Deadline for applications
South African students: 30 November each year ARPL applicants: 30 October of each year Foreign students from (visa-exempt) SADC countries: 30 October each year Foreign students from other African countries and rest of world: 30 September each year
Study permits for foreign students at USB: Study permits for foreign students at USB: Obtaining a study permit (study visa) from the South African authorities takes up to 12 weeks from the date of being offered a place on a programme at USB – hence the early application deadline for foreign students. Multiple entry visas: Students from non-SADC African countries and other countries with visa requirements who need to apply for study visas can obtain a letter from USB confirming the duration of registration at USB. This will help students to obtain multiple-entry study visas in case of modular studies. Timetable changes: Timetable changes: USB reserves the right to change dates of the lecture schedule or subjects per term table. Students will be informed of any changes in good time. Late applications: Late applications: USB will do everything possible to accommodate applications submitted after the closing date.
Cost & Fees
Application fee for all applicants: R630
NOTE: The full programme fees for 2017 for South African and other applicants will be made available later this year.
This school offers programs in:
Last updated January 26, 2018