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10 February 2023 | Story Kekeletso Takang
Frans Benecke  and Su-Mari Dreyer
UFS students Frans Benecke and Su-Mari Dreyer are two of the beneficiaries of the programme and will spend one year in Salzburg, from February 2023 until January 2024.

Nowadays, universities strive more and more to develop global citizens. For the University of the Free State (UFS) and the Salzburg University of Applied Sciences (SUAS) in Austria, collaboration on the Consecutive Master’s Degree Programme in International Finance is directed at this. 

This exclusive and pioneering collaboration between the Department of Economics and Finance at the UFS and the Department of Management and Tourism at SUAS emanates from more than 15 years of collaboration between Prof Johan Coetzee (UFS) and Prof Christine Mitter (SUAS ).

The collaboration addresses the concerns constantly raised in South Africa that graduates do not have the requisite practical skills when entering the workplace. The UFS attempts to bridge this gap and contribute to a better-equipped, employable South African graduate who understands the link between theory and application in a problem-riddled world entering the Fourth Industrial Revolution.

UFS students Frans Benecke and Su-Mari Dreyer are two of the beneficiaries of the programme and will spend one year in Salzburg, from February 2023 until January 2024. 

“This is a dream come true, a dream I didn’t even know I had. To experience a different culture through educational and cultural exchange will deepen my understanding of international relationships, which is a driver of development,” says Dreyer, who completed her MCom degree at the UFS.

Interdisciplinary research

The Consecutive Master’s Degree Programme in International Finance allows students wishing to pursue a master’s degree to acquire two degrees over a two-year study period: an MCom specialising in Finance in the Department of Economics and Finance at the UFS, and an MA in Business Management specialising in Financial Risk Management at SUAS in Austria. The degrees are done on location in Bloemfontein and Salzburg respectively. The UFS master’s is more quantitative in nature and exposes students to highly technical methods and applications, while the SUAS master’s degree is more qualitative in nature and exposes students to more practical real-world management scenarios. 

“The Faculty of Economic and Management Sciences has a long-standing and valued partnership with the Salzburg University of Applied Sciences. As a faculty, we see the development of the consecutive master’s degree as a wonderful opportunity for students from both universities to participate in the learning opportunities that both universities offer. These opportunities transcend the academic learning that will take place, to also include the exposure of students to the culture and life in the partner country,” says Prof Philippe Burger, Dean of the Faculty of Economic and Management Sciences. “We believe the learning that will take place through the exposure that the consecutive degree offers, will improve students’ employability and contribute to them building successful careers.”

Bridging the gap

As part of the curriculum requirements, students will also be offered the opportunity to do a short apprenticeship in Austria. 

Benecke, who also completed his UFS master’s degree, says he hopes the programme will serve as a call to action for students considering postgraduate studies in the Department of Economics and Finance at the UFS.

News Archive

UFS appoints a Vice-Rector: Operations
2011-03-20

Prof. Nicholas Morgan

The Council of the University of the Free State (UFS) has approved the appointment of Prof. Nicholas Morgan as Vice-Rector: Operations, at its meeting on Friday, 11 March 2011. He has been appointed in the position of Prof. Niel Viljoen, who is retiring on 31 March 2011.

Prof. Morgan formerly served as the Deputy Vice-Chancellor of the Central University of Technology, Deputy Vice-Chancellor of the University of Johannesburg, Interim Vice-Chancellor at Walter Sisulu University and Vice-Chancellor at the University of Transkei.
 
Prof. Morgan is a former Fulbright Fellow and holds a Master of Science degree from Cornell University in New York, an M.B.A. from Stellenbosch University and a B.Com in accounting and business economics from the University of the Western Cape.
 
He has held positions at various universities and served as a member of various international professional associations, including the American Industrial Relations Research Association, the Industrial Relations Research Association of South Africa, the South African Institute for Management Sciences and the American Council for Adult and Experiential Learning.
 
He has been published in numerous publications, and served on the editorial boards of the SA Journal of Business Management between 1993 and 1995 and the Journal of Human Resources Management between 1999 and 2009.
 
In addition, Prof. Morgan has also developed and presented numerous training programmes and workshops for NGOs, parastatals and unions in the private and public sector.
 
He has lectured courses in Industrial Relations, Strategic Management, Quantitative Management techniques and Marketing from first-year to postgraduate level at the University of the Western Cape, University of Cape Town and Cornell University.
 
Prof. Morgan will take up the position on 1 April 2011.
 

Media Release
18 March 2011
Issued by: Lacea Loader
Director: Strategic Communication
Tel: 051 401 2584
Cell: 083 645 2454
E-mail: news@ufs.ac.za

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