University of Stellenbosch Business School USB Overview | MPhil in Development Finance (MDevF) Presenters Dr Marietjie Theron-Wepener Prof Charles Adjasi We know Africa. We train its leaders.

Why choose USB REPUTATION: 3 International accreditations (triple crown) REPUTATION: 3 International accreditations (triple crown) AFRICAN focus AFRICAN focus LEADERSHIP development LEADERSHIP development GLOBAL perspective and international network GLOBAL perspective and international network CLIENT FOCUS and engagement CLIENT FOCUS and engagement

REPUTATION: 3 International accreditations (triple crown) 1 st business school of an African university to receive all 3 accreditations (and 1 st with each one) 1 st business school of an African university to receive all 3 accreditations (and 1 st with each one) 1 of only 72 business schools in the world with all 3 1 of only 72 business schools in the world with all 3 Puts USB in network of top schools Puts USB in network of top schools

AFRICAN focus and expertise We have built up African expertise (development finance; governance; economics) We have built up African expertise (development finance; governance; economics) Our current students come from all parts of Africa : Our current students come from all parts of Africa : – MBA: 11 countries – MDevF: 17 countries – Other: 8 countries

LEADERSHIP development We go beyond training managers; we develop leaders The focus in ALL programmes is to develop responsible global leaders for all industries

GLOBAL perspective and International exposure Connect with international people Connect with international people – Students (registered and exchange) – Business people – Academics – Alumni Partnerships with top schools in the world Partnerships with top schools in the world

CLIENT FOCUS and engagement Engage in class – Collaborate with fellow students – Smaller classes Engage with academics and staff Engage with business – Meet senior business people Engage with alumni – Automatic membership of USB Alumni Association – Join one of 16 alumni regions

Stellenbosch University came into being as early as 1859 but officially became a university in 1916.

USB campus in the Tyger Valley business district, Cape Town, with Table Mountain in the background

MDevF 2017

MDevF: the top programme in its field Started in 2003 as a 1 st on the continent Has set the pace over the last decade Triple international accreditations Prof Meshach Aziakpono Prof Charles Adjasi Prof Sylvanus Ikhide Prof Wolfgang Thomas Dr Nyankomo Marwa

MDevF: Development finance context USB Development finance ‘niche’: enterprise level Risk Cost recovery Risk Cost recovery Fiscal transfers and grants Private sector capital DFIs: IDC, DBSA, commercial banks Poor, survivalist businesses & social enterprises Banks, stock and bond markets, unit trust, private equity funds Private sector Government

MDevF: What specific skills does one acquire? Formulate and evaluate development finance policies and programmes to address development needs Formulate and evaluate development finance policies and programmes to address development needs

MDevF: focus Specialised knowledge and a critical understanding of the development finance field Focus on sub-Saharan Africa Focus on real-world practice Focus on the enterprise-level aspects of development finance Strong focus on sustainability & microeconomics

MDevF: Benefits for students Study while you work Study while you work Modular programme Modular programme – 3 blocks of 2 weeks over 2 years – New! 2 groups per year

MDevF: Curriculum Core courses Economic Development Perspectives in Africa Economic Development Perspectives in Africa Issues in Banking and Finance Issues in Banking and Finance Microfinance Microfinance Project Finance Project Finance Governance and Ethics Governance and Ethics Research Methods in DF Research Methods in DF Electives (choose 2) 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 Human Resource Issues in Development Finance Financial sector regulation and Development Investment Promotion Research assignment – words on a development finance topic Work on assignment while you do course work

MDevF: Where students come from Botswana Botswana Ghana Ghana Kenya Kenya Lesotho Lesotho Liberia Liberia Malawi Malawi Mauritius Mauritius Mozambique Mozambique Namibia Namibia Nigeria Nigeria South Africa South Africa Swaziland Swaziland Tanzania Tanzania Uganda Uganda Zambia Zambia Zimbabwe Zimbabwe

MDevF: Entrance requirements Honours degree (postgraduate), or Bachelor’s in business finance, economics, accounting or commerce Honours degree (postgraduate), or Bachelor’s in business finance, economics, accounting or commerceOR 3-year Bachelor’s and a postgraduate diploma in business, finance, economics, accounting or commerce 3-year Bachelor’s and a postgraduate diploma in business, finance, economics, accounting or commerceOR Postgraduate degree in any discipline and experience in area of development economics and/or finance; Postgraduate degree in any discipline and experience in area of development economics and/or finance;AND Sound understanding of quantitative analysis Sound understanding of quantitative analysis 3 years of work experience 3 years of work experience

MDevF fees: 2016 intake (2017 to be confirmed) South Africa$ (R ) SADC$ (R ) Rest of the world$ (R ) Application fee$ 40 (R600) Deposit$ 592 (R9 000) (South Africans) $ 2401 (R36 525) (SADC) $ (R38 140) (rest of the world)

What does it take? 278 hours in class 278 hours in class = hours per week over 2 years = hours per week over 2 years

Development finance: USB is the clear leader Postgraduate Diploma in Development Finance (PGDDevFin) MPhil in Development Finance (MDevF) PhD in Development