24 months
Duration
140768 ZAR/year
104628 ZAR/year
Unknown
Unknown
Apply date
Unknown
Start date

About

If you want to make it your life’s work to help unlock Africa’s growth potential, the Development Finance course from Stellenbosch University will equip you with critical skills to become a specialist in this area. 

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

More details
  • Modular: 4 March
  • Blended: 19 February

Delivered

On Campus, Blended

What students do after studying

Join for free or log in to access our complete career info list.

Academic requirements

GPA admission requirements GPA
Required

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 now

Starting 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

To always see correct tuition fees
  • International

    140768 ZAR/year
    Tuition Fee
    Based on the tuition of 281536 ZAR for the full programme during 24 months.
  • National

    104628 ZAR/year
    Tuition Fee
    Based on the tuition of 209256 ZAR for the full programme during 24 months.

Living costs for Stellenbosch

7630 - 10640 ZAR /month
Living costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

In order for us to give you accurate scholarship information, we ask that you please confirm a few details and create an account with us.

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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.

Independent provider
Grant
1000000 INR
Deadline
Anytime
Education Future International Scholarship
Merit-based

Read more about eligibility

Education Future
Location not available
Independent provider
Grant
Various benefits
Deadline
24 May 2025
Queen Elizabeth Commonwealth Scholarships
Merit-based Need-based

Read more about eligibility

ACU (The Association of Commonweath Universities)
Location not available
Independent provider
Grant
1000 USD
Deadline
01 Jun 2025
1040 Abroad International Studies Scholarship Initiative
Merit-based Need-based

Read more about eligibility

1040 Abroad
Location not available
Independent provider
Grant
Various benefits
Deadline
Not specified
Erasmus+ - Grants for study mobility
Merit-based

Read more about eligibility

OeAD, Austria's Agency for Education and Internationalisation
Location not available
Independent provider
Grant
7000 USD
Deadline
24 Apr 2025
Go Global MBA Scholarship
Merit-based

Read more about eligibility

educations.com
Location not available
Independent provider
Grant
1000 USD
Deadline
02 Jul 2025
Jewish Heritage Scholarship
Merit-based

Read more about eligibility

Diamant Gerstein
Location not available
Independent provider
Grant
1000 USD
Deadline
26 Feb 2025
Dream Chaser Scholarship
Merit-based

Read more about eligibility

Salvado Law
Location not available
Independent provider
Grant
10000 USD
Deadline
05 Feb 2025
Ritchie-Jennings Memorial Scholarship Program
Merit-based Need-based

Read more about eligibility

Association of Certified Fraud Examiners (ACFE)
Location not available
Independent provider
Grant
90000 AUD
Deadline
Not specified
World Universities Ramsay Postgraduate Scholarship
Merit-based Need-based

Read more about eligibility

The Ramsay Centre
Location not available
Independent provider
Grant
3000 USD
Deadline
31 Dec 2025
Scholarship for students with disabilities
Need-based

Read more about eligibility

Anonymous Hope Fund
Location not available
Independent provider
Grant
2000 USD
Deadline
01 Sep 2025
The Rick Blight Leadership in Action Scholarship for Athletes
Merit-based

Read more about eligibility

Canadian Men’s Health Foundation
Location not available
Independent provider
Grant
8000 EUR
Deadline
Not specified
Erasmus Mundus Joint Masters scholarships
Merit-based Need-based

Read more about eligibility

European Commission
Location not available
Independent provider
Grant
3000 USD
Deadline
Not specified
AAPG Foundation Grants-in-Aid
Merit-based Need-based

Read more about eligibility

American Association of Petroleum Geologists Foundation
Location not available
Independent provider
Grant
1000 USD
Deadline
01 Mar 2025
Voice Talent Online Scholarship
Merit-based Need-based

Read more about eligibility

Voice Talent Online
Location not available
Independent provider
Grant
965 USD
Deadline
Anytime
Dr. Martin Blank – SYB Scholarship
Merit-based

Read more about eligibility

Shield Your Body
Location not available
Independent provider
Grant
10000 USD
Deadline
05 Feb 2025
Ritchie-Jennings Memorial Scholarship Program
Merit-based Need-based

Read more about eligibility

Association of Certified Fraud Examiners (ACFE)
Location not available

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