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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

Students in Agricultural Economics do well on Safex
2007-09-17

 

Third-year students from the University of the Free State’s (UFS) Department of Agricultural Economics had to take part in a competition as part of a course in Marketing. The students had to manage the price of white mealies for delivery in July 2007 by buying and selling on Safex. The competition ran from 25 April 2007 to 25 May 2007. During this period, the market grew from R1 650 to R1 712 per ton. The winning group achieved a price of R1 777 per ton, hereby beating the market with R65 per ton or almost 4%. From the left are: Llewellyn Eastman (member of the winning group), Frikkie Maré (member of the winning group), Willem Zwiegers (leader of the winning group), Dr Kit le Clus (Extraordinary professor in Agricultural Economies at the UFS) and Mr Pieter Taljaard (Lecturer in Agricultural Economics at the UFS).
Photo: Supplied

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