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21 June 2019 | Story Valentino Ndaba | Photo Ernst & Young
UFS Accounting Students win EY Project Alpha
At the Ernst & Young Project Alpha 2019 Awards, some of the members of the winning team, from left: Kyle du Bruyn, Luke Rhode, Janri du Toit, Nicolaas van Zyl, Mojalefa Mosala (Business Ethics Lecturer), Bianca Malan, Lorandi Koegelenberg and Frans Benecke.

A few years ago the news was saturated with Volkswagen’s (VW) fuel emission scandal. “Dieselgate”. Investigations in the US found the German automaker guilty of programming computers in their diesel cars to alter its engine operations to seemingly meet legal emission standards.

A question of ethics

A notice of violation of the Clean Air Act issued by the US Environmental Protection Agency had dire consequences for the automobile company, but positive implications for the economy and the environment. As part of a lawsuit settlement, vehicles were recalled, fines were paid, and approximately 21 million affected vehicles with VW diesel engines were refitted by September 2015.

Project Alpha tackles ethical issues

A group of eight students from the University of the Free State (UFS) presented their case study of “Dieselgate” to a panel of judges in this year’s Ernst & Young Project Alpha competition. They emerged as the ultimate winners.

The “Hoaxwagen” group’s 10-minute video demonstrated “a critical assessment of a multidimensional matter”   captivating the judges. “I was impressed, because their presentation addressed other skills such as the ability to present, communicate, come out of their comfort zone and be innovative, while at the same time addressing an ethical issue,” said Mojalefa Mosala, a judge and Business Ethics lecturer at the UFS.

Centred on critical thinking

The UFS is the first university outside of Johannesburg that participated in the Project Alpha contest. Ernst & Young and the UFS have forged a strong relationship over the past few years, giving students a glimpse into the corporate world of accounting. 

“Project Alpha encourages critical thinking and not taking things at face value, by looking a bit deeper, spending time to understand the pros and cons of any situation in order to make an informed decision,” said Frans Benecke, member. of the winning team that prevailed over 82 others. Benecke’s team walked away with R2000 shopping vouchers and a life-long learning experience.

Engaging in global conversations 

Participation in the competition gave students the opportunity to be exposed to contemporary global thinking, which is strongly advocated in the UFS’s Integrated Transformation Plan.


UFS Accounting students win 2019 Ernst & Young Project Alpha competition from University of the Free State on Vimeo.

News Archive

Largest group of financial planners ever to graduate from UFS
2013-06-14

Stuart James Milroy and Gerda Grobler
Photo: Stephen Collett
14 June 2013

During this year’s graduation, the Centre for Financial Planning Law (CFPL) conferred the most diplomas ever for this sector at a graduation ceremony. Five hundred and ninety four students received diplomas (543 postgraduate diplomas in Financial Planning and 51 advanced postgraduate diplomas in Financial Planning).

Top student for the postgraduate diploma in Financial Planning, was Gerda Grobler. For the advanced postgraduate diploma in Financial Planning, Stuart James Milroy received the honour as top achiever. Other top achievers for modules in the advanced postgraduate diploma were L Phillips, RC Claassen, SJ Milroy and L Wilkinson. G Grobler, TT Baxter, KR Smit and E du Rand were the top achievers for modules in the postgraduate diploma in Financial Planning.

For five years, the University of the Free State was the only institution that offered a full qualification to become a certified financial planner. The university is still the largest institution in this field. The Centre for Financial Planning Law (CFPL) at the UFS is also the only institution in South Africa offering the advanced postgraduate diploma in Financial Planning as a purely specialist diploma.

To date, the CFPL at the UFS has awarded 4 200 postgraduate diplomas and 710 advanced postgraduate diplomas in Financial Planning.

Donors who made this event possible, include:

  • Alexander Forbes
  • Old Mutual
  • Liberty
  • Acsis
  • Momentum
  • LexisNexis
  • Galileo Capital
  • PSG
  • ABSA Bank

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