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02 April 2019 | Story Valentino Ndaba | Photo Charl Devenish
Accounting Students
Pictured are 8 of the 64 UFS School of Accountancy students who form part of the 84.2% pass rate achievers.

Students from the University of the Free State (UFS) School of Accountancy achieved a 84.2% pass rate compared to the national average of 76.2% during the Initial Test of Competence (ITC) examination facilitated by the South African Institute of Chartered Accountants (SAICA).

A total of 64 out of 76 UFS students who attempted the ITC for the first time were successful in the examination. The ITC is known for its challenging nature.  Demographically, our African black students outperformed the 62.1% national pass rate by attaining an impressive 80.6%.

Collective congratulations

Prof Hentie van Wyk, Programme Director at the school, attributed diligence for the high pass rate. “This is due to our student-centred teaching module that was introduced four years ago and committed academic staff of the School of Accountancy from the first to the fourth year.”

Further future surge expected

“With the coming June 2019 ITC sitting, our pass rate for 2019 will most probably be more than 90%. Our three-year rolling average for 2015-2017, 2016-2018 and 2017-2019 were 83%, 86% and 90% respectively. Hopefully we can maintain the upward curve,” said Prof Van Wyk.

News Archive

UFS student shows what a business plan should look like
2012-04-25

 

Zandile Mabizela and Dr Johan Coetzee
Photo: Leatitia Pienaar
24 April 2012

A business plan presented by Zandile Mabizela, a B.Com. Honours student in Financial Economics and Investment Management at the University of the Free State (UFS), was placed second in a competition of the Junior Chamber International (JCI).

The JCI is a worldwide non-political and non-sectarian youth service organisation with the aim and purpose of creating positive changes in the world.

In the JCI SA Best Business Plan Competition ten finalists gave presentations at the Anglo American Head Offices and the Mag+ Business Plan that Zandile presented was placed second overall at an awards ceremony in Sandton.

Her lecturer, Dr Johan Coetzee, says the remarkable feature of this achievement is that the proposal made by Zandile was the only business concept by a student among the top five. The remaining finalists are all operational businesses that are managed by entrepreneurs in the field.

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