USB MPhil in Development Finance

USB MPhil in Development Finance

Structure and content

Overview

  • 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 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 course work and 60 credits for the research assignment)

Core modules

The core modules consist of:

  • Economic Development Perspectives in Africa
  • Issues in Banking and Finance
  • Microfinance
  • Project Finance
  • Governance and Ethics
  • Research Methods in Development Finance

Electives

  • 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

Deadline for applications

  • South African students: 30 September​ each year
  • ARPL applicants: 31 August of each year
  • Foreign students from (visa-exempt) SADC countries: 31 August each year
  • All other foreign students: 31 August each year

The outcome of the selection process will be made known approximately 4 to 6 weeks after the closing date for the programme.

PROGRAMME FEES

The 2024 fees quoted below are provisional and subject to approval by Stellenbosch University’s Student Fees Committee.
PROGRAMME FEES FOR 2024
2024 2024 Total
Students from South Africa R76 340 R76 340 R152 680
Students from Southern African Development Community (SADC) countries R80 035 R80 035 R160 070
International students from the rest of the world (NON-SADC) RR84 150 R84 150 R168 300
DEPOSITPAYABLE ON ACCEPTANCE OF ADMISSION
Students from South Africa R10 900
Students from SADC countries R40 018
International students from the rest of the world (​NON-SADC) R42 075
APPLICATION FEE
Application fee (non-refundable; applicable to all students) R670