Development Finance, Master | University of Cape Town | Cape Town, South Africa
24 months
12083 EUR/year
7876 EUR/year
Tuition fee
Apply date
Start date


Our MCom in Development Finance at the University of Cape Town will give you the ability to conduct high-level research and engage in the policy decision-making process in development finance institutions, government, NGOs and the private sector.


Why to study

Africa is ripe for growth - but there is a shortage of good specialists who have the right financial skills to grow the market and improve the overall investment climate. 

The Master of Commerce degree in Development Finance at the University of Cape Town will give you the expertise to turn your ideas into long-term development solutions that improve lives, uplift communities and place Africa on the global stage. This specialised degree is offered in a modular format over two years.

Development finance is a tool for people and institutions that want to influence development trends in an emerging market context and make large-scale changes that can positively impact quality of life. The UCT GSB has five decades of experience in business education in an emerging market context and is a globally-ranked business school with a world-class reputation. We are one of less than 100 business schools in the world to be triple-crown accredited. 

You will gain a solid understanding of finance as applied in the international development context and the expertise to start initial investments that can thrive in economically challenging markets and provide sustainable outcomes.

Programme Structure

The following topics are covered in this course:

  • Data Collection & Probability
  • Discrete Distributions
  • Continuous Distributions
  • Sampling Distribution and Estimation
  • Hypothesis Testing and Inference
  • Linear Regression
  • Multiple Regression
  • Model Building
  • Time Series Analysis and Forecasting

Key information


  • Full-time
    • 24 months

Start dates & application deadlines


On Campus

Academic requirements

GPA admission requirements GPA

Other requirements

General requirements

  • A four-year degree or Honours degree in Economics, Commerce, Accounting, Finance or other finance related degrees;
  • Alternatively applicants may have a four-year or Honours degree in other non-finance related discipline with at least 3 years work experience in finance related work;
  • Students must be fluent in spoken and written English;
  • Applicants are not required to take the GMAT or any other tests

Tuition Fee

To alway see correct tuition fees
  • International

    12083 EUR/year
    Tuition Fee
    Based on the tuition of 12083 EUR per year during 24 months.
  • National

    7876 EUR/year
    Tuition Fee
    Based on the tuition of 7876 EUR per year during 24 months.
  • National tuition fee: R 144,000 (1st year) /R40 810 (2nd year)
  • International tuition fee: R 220,880 (1st year)/ R59 560 (2nd year)

Living costs for Cape Town

9088 - 15529 ZAR /month
Living costs

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


Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

Our partners

Development Finance
University of Cape Town
Development Finance
University of Cape Town


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