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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

New coach for Shimlas
2012-05-24

The University of the Free State (UFS) will soon fill a newly created position, namely that of Director of Rugby.

The successful candidate will, amongst others, be the head coach for the Shimla rugby team and will also be involved in the recruitment of young talent, the contracting of rugby players and certain obligations at the UFS/Cheetahs Rugby Academy.
 
This decision was taken during a joint brainstorming session between the university and the UFS Rugby Club about rugby at the university on Friday 18 May 2012. The performances of the Shimla team during the past Varsity Cup Series was also discussed. “The meeting took place in a good spirit and it is a hopeful sign to observe that the university is prepared to go out of its way to ensure that the Shimlas perform, particularly in the Varsity Cup”, said Mr Marius van Rensburg, Chairperson of the UFS Rugby Cup.
 
Mr Jaco Swanepoel, current Shimla coach, retains his position as Head Coach of Rugby at the UFS, as well as certain commitments to function more strongly within the junior rugby structures and to train coaches.
 
According to Mr Van Rensburg, the position will be advertised as quickly as possible. The successful candidate will also have to assume duty soon, because preparations for next year’s Varsity Cup have to commence around September this year.
 
“Shimlas is a high-profile is team with a proud history and a major role player in SA rugby; therefore we expect to receive good applications. The panel that has to make the appointment will, amongst others, consist of two former Shimla Springboks, a former Shimla/Cheetah player and a former Springbok conditioning trainer.
 
The restructuring of the management model of the UFS Rugby Club is also envisaged, which will also bring about certain changes to the club’s constitution.


Media Release
24 May 2012
Issued by: Lacea Loader
Director: Strategic Communication
Tel: +27(0)51 401 2584
Cell: +27(0)83 645 2454
E-mail: news@ufs.ac.za

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