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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

Parent Day on 3 December 2011
2011-11-30

University. What happens next?

Is the campus a safe environment for my child? What will be expected from me as parent once my child arrives here? When and where should my child register and what does Kovsies offer him/her?
 
The University of the Free State (UFS) is aware of the fact that parents have continuous questions when their children enter the grown-up world for the first time.
 
Therefore the UFS offers parents or guardians the opportunity to ask these questions.
 
As part of Student Affairs’ Gateway programme, the UFS will host a Parent’s Day at the Bloemfontein Campus on Saturday 3 December 2011. Parents or guardians of prospective students will be able to find out more about everything the UFS offers, how students can get involved in organisations, when and where registration takes place and what life in a residence is like today, etc.
 
Mrs Cornelia Faasen, Senior Officer: Learning Communities and Orientation, says the Parent Day will enable parents to assist their children with the transition between school and university and make it easier for them. 
 
“This Parent Day has been successfully hosted in 2010 for the first time. Students are facing far greater demands, responsibilities and challenges than they did at school. Parents need to better understand the university environment in order to have better insight into the world their children are entering into.”
 
The programme for the day includes several presentations on admissions, finances and scholarships, residences and more. There will also be a question-and-answer session with the heads of faculties.
 
Date: Saturday 3 December 2011
Time: 10:00-14:00
Place: Callie Human Centre, Bloemfontein Campus
 
For more information, contact Ms. Cornelia Faasen at faasen@ufs.ac.za or +27(0)51 401 9102
 

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