Overview
You will gain an understanding – on Master’s level – of the complexities of the different development finance resources available to poor countries, especially in Africa. You will acquire the skills to help formulate and implement policies to make this happen. You will also be exposed to skills that are crucial for Africa’s future – such as economic development, project finance, and responsible leadership.
A transformative learning pathway awaits you – in particular if you see your future self in senior positions in the financial services industry and in policy-making and regulatory institutions.
Learning Philosophy
The aim of this Development Finance course from Stellenbosch University is to offer an internationally recognised academic qualification with content that is relevant in terms of Africa’s development needs. This critical-skills degree is designed to:
- Fill the skills gaps in the financial industry and in policy-making and regulatory institutions in the development finance environment
- Better understand the complexities of and manage the different development finance resources available to poor countries, especially in Africa
- Understand the special problems of finance in developing countries and Africa in particular, and to acquire the skills to operate successfully and to make a meaningful contribution to policy formulation and implementation in this field.
- Demonstrate appreciation of the emerging financial technologies and their application in the financial services industry.
This MPhil can give you access to a PhD Development Finance, which will allow you to become an expert in the field of development finance.
Programme Structure
Courses include:
- Economic Development Perspectives in Africa
- Issues in Banking and Finance
- Small Business Finance
- Project Finance
- Financial Technologies and Innovative Finance
- Entrepreneurship
Key information
Duration
- Full-time
- 24 months
Start dates & application deadlines
- Starting
- Apply before , International
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- Starting
- Apply before , International
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- Modular: 4 March
- Blended: 19 February
Language
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Delivered
Disciplines
Finance International Development View 19 other Masters in International Development in South AfricaWhat students do after studying
Academic requirements
English requirements
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Student insurance
Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items, so make sure your student insurance ticks all the following:
- Additional medical costs (i.e. dental)
- Repatriation, if something happens to you or your family
- Liability
- Home contents and baggage
- Accidents
- Legal aid
We partnered with Aon to provide you with the best affordable student insurance, for a carefree experience away from home.
Get your student insurance nowStarting from €0.53/day, free cancellation any time.
Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at Stellenbosch University and/or in South Africa, please visit Student Insurance Portal.
Other requirements
General requirements
- An appropriate Honours degree (the first postgraduate degree after a Bachelor’s degree) or a 4-year Bachelor’s degree in business, finance, economics, accounting or commerce; OR
- A 3-year Bachelor’s degree and a postgraduate diploma (120 SAQA credits) from a university or a university of technology in business, finance, economics, accounting or commerce; OR
- A postgraduate degree in any discipline and appropriate experience in the area of development economics and/or finance; AND
- A sound understanding of quantitative analysis – a good pass/grade for school-leaving mathematics is an advantage.
Tuition Fee
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International
140768 ZAR/yearTuition FeeBased on the tuition of 281536 ZAR for the full programme during 24 months. -
National
104628 ZAR/yearTuition FeeBased on the tuition of 209256 ZAR for the full programme during 24 months.
Living costs for Stellenbosch
The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.
Funding
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Scholarships Information
Below you will find Master's scholarship opportunities for Development Finance.
Available Scholarships
You are eligible to apply for these scholarships but a selection process will still be applied by the provider.
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