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Faculty of Economic and Management Sciences receives funding from European Union

06 April 2021 | Story Dr Nitha Ramnath | Photo Supplied

Dr Johan Coetzee_web read more — Dr Johan Coetzee, Senior Lecturer and researcher in the Department of Economics and Finance and the UFS Business School

Dr Johan Coetzee from the Faculty of Economic and Management Sciences at the University of the Free State (UFS) is championing a collaboration with the Salzburg University of Applied Sciences (SUAS) in Austria, resulting in the receipt of a considerable grant from the European Union.

In 2020, the decision was made to apply for Erasmus+ funding from the European Commission; after a successful grant, a formal inter-institutional agreement was signed in March 2021. The agreement is the culmination of a relationship between the Department of Economics and Finance at the UFS and the Department of Controlling and Finance at SUAS since 2008. More specifically, the relationship is built on the collaboration between the UFS’s Dr Coetzee and Prof Christine Mitter from the SUAS, who was recently appointed as a Research Fellow in Finance in the department.

“I am extremely proud of the formalisation of the relationship between the two universities. In late 2019, a delegation led by the Dean of Economic and Management Sciences, Prof Hendri Kroukamp, together with Prof Philippe Burger and myself visited Salzburg to formalise and iron out the expectations regarding future collaboration,” says Dr Coetzee.

“The Erasmus+ grant pays testament to not only on-boarding expertise from a foreign university with a strong niche in being practically relevant to the Austrian society, but also to affirming the relationship with like-minded scholars to provide students with a culturally rewarding university experience. This agreement brings together two departments with a history of working well together, and now it is a formal manifestation of years of mutually beneficial teaching and research efforts,” says Dr Coetzee.

“On the back of this agreement,” concludes Dr Coetzee, “our departments are also currently finalising a proposal to offer a consecutive degree exchange programme where prospective postgraduate students will obtain two master’s degrees in the broader field of finance and spend time on both campuses. We look forward to this becoming a reality in the not-too-distant future.”

In addition to their teaching and research collaboration, several additional academics from the Department of Economics and Finance are also involved in the teaching collaboration. Research projects have also been concluded in the past, with future projects in the pipeline.

News Archive

First solar charging station launched at UFS

2017-11-13

Students can now charge their phones at the first solar charging station
on the Bloemfontein Campus.
Photo: Moeketsi Mogotsi

On Friday 10 November 2017, the first solar charging station (600watts) was launched on the Bloemfontein Campus. This unit will be used by students to charge their phones and Ipads. It is the first of nine units to be installed on all three campuses; five on the Bloemfontein Campus and two each on the South and Qwaqwa Campuses.

Team effort results in great outcome

The project was a collaborative effort between the UFS and FCE Consulting Engineers. Coenie van der Merwe, Prototype Design Engineer, played a vital role in designing the charging unit. Anton Calitz, Electrical Engineer in University Estates’ Department of Facilities Management, says, “We are hoping that by the first quarter of 2018, we would have rolled out the remaining eight charging units.”

Project to enhance sustainability and address student needs

Prof Nicky Morgan, former Vice-Rector: Operations, says, “This should be a symbol of affordable opportunities that will both save the planet and enhance financial sustainability.” Nico van Rensburg, Senior Director of University Estates, says, “This renewable energy project is an innovative way of addressing student needs.”

However, students are advised not to charge other electrical appliances at the charging stations besides their phones and Ipads, as this may cause the charging unit to trip.

The UFS was recently awarded for its contribution towards sustainability. This was in recognition of its amazing initiative to install and operate photovoltaic (PV) and greywater systems on all three of its campuses.

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