UCT - Graduate School of Business

Master of Commerce in Development Finance

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UCT - Graduate School of Business

Overview:

In response to the challenge of coordinating the roles of multiple stakeholders to bridge the financing gap for sustainable development in emerging economies, the Master of Commerce Degree in Development Finance (MDevFin) programme offered by the Development Finance Centre (DEFIC) is designed to build capacity on how to design innovative financial instruments and the approaches to incorporating responsible investment strategies in the allocation of funds for impact and sustainability. This is achieved through a blend of traditional lecture sessions with case studies and interaction with professional experts from development finance institutions, public and private sector actors throughout Africa. The programme provides institutional learning outcomes which will ensure that funds channeled through development projects can provide optimal and sustainable outcomes that can enhance the development of emerging economies. The programme covers 10 courses and 60-credit minor dissertation dedicated to uncovering insights on the ecosystem of development finance covering the role, mechanisms/instruments and impact of various stakeholders involved in mobilization and aligning of finance for sustainability.

DURATION

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2 years

PRICE

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R212 020

FORMAT

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Part-time

This course has class attendance, but not full-time

Minimum Requirements

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  • Applicants must hold at least an NQF level 8 qualification in Applied Science, Commerce, Humanities, Health Sciences, Arts, and other related degrees. Alternatively, applicants who have a three-year degree with relevant prior work experience may apply as an RPL candidate (Recognition of Prior Learning). Candidates with a non-South African qualification may need to verify the equivalence to a South African degree.
  • Students must be fluent in spoken and written English. The UCT GSB Admissions Board could require a TOEFL for applicants whose mother tongue is not English or who have not received a degree from an English university. The Board also takes motivation essays, standardised assessments, and interviews into account with regard to English proficiency. Final decision at the discretion of the Board. For more information on UCT’s English Language Requirements click here.
  • Applicants must have already demonstrated a desire for solving problems within the key themes of education, health, finance and digital inclusion; or have a passion to pursue an area they have already researched substantially.
  • Applicants must have a minimum of three years’ work experience.
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MEMBERSHIPS

  • Association of African Business Schools (AABS)
  • South African Business Schools Association (SABSA)
  • The Academy of Business in Society (ABIS)
  • Principles for Responsible Management Education (PRME)
  • Graduate Management Admission Council (GMAC)
  • Global Business School Network (GBSN)
  • Global Network for Advanced Management (GNAM)
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ACCREDITATIONS

  • EQUIS accreditation from the European Foundation for Management Development (EFMD)
  • Association of MBAs (AMBA- UK)
  • The Association to Advance Collegiate Schools of Business (AACSB - USA)
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