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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

Infrastructure development booming at UFS

2016-09-30

Description: Physics and Geography Complex on the Qwaqwa Campus Tags: Physics and Geography Complex on the Qwaqwa Campus

The new Physics and Geography Complex on the
Qwaqwa Campus is connected to the existing
Chemistry Building.
Photo: Charl Devenish

As a world-class tertiary institution, the University of the Free State (UFS) boasts with three new buildings on its Bloemfontein and Qwaqwa Campuses since 2015. All of these buildings are extensions to current buildings, supporting the university’s vision of excellence in academic achievement.

Extensions and additions to the value of R23 million were made to the existing Biotechnology Building. The funding was provided by the Department of Higher Education and Training. The additions were made to the southwestern corner of the existing building. Further developments to the building includes: six new offices, a lecture hall for 70 students, and laboratories accommodating 56 postgraduate students.

Prof Martie Smit, Academic Head of this department, says: “This new and refurbished facility enables us to give our best. As academics, we are committed to do our part in delivering high-quality education on both undergraduate and postgraduate levels to students envisaging a future in biotechnology.”

Dr Lis Lange, Vice-Rector: Academic, is proud of the heights the department has reached to date. “The Department of Physics is undoubtedly one of the jewels in the crown of our university, and we are very proud of its developments. Universities are built on legacies, and they are also about change, which is what this department has been demonstrating.”
The new Physics and Geography Complex on the Qwaqwa Campus is connected to the existing Chemistry Building. The building is the first of its kind on the campus and boasts an auditorium with 360 seats and a Geography Information System laboratory with 100 work stations.

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