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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

Five Kovsies take part in exclusive Summer School in Groningen
2012-07-25

Michael van Niekerk, Christiaan Nel and Carika Stols participated in the School for Neurosciences.
26 July 2012

For five students from the Faculty of Health Sciences at the University of the Free State, the winter holidays were no time to rest; they attended a summer school for medical students in Groningen in The Netherlands.

Michael van Niekerk, Marcel Nel, Henk Kruger, Christiaan Nel and Carika Stols are all undergraduate medical students who expanded their skills and knowledge during the summer school.

The University of Groningen’s Medical School offers an annual Summer School Programme at the University Medical Centre in Groningen.

It is the largest hospital in the province of Groningen in The Netherlands and offers highly specialised health services to The Netherlands and to the northern parts of Germany.

Hordes of students from around the world annually apply for attendance of the school. A panel invites eligible candidates from the applications to participate in the school. The students are then divided into four different schools, namely Paediatrics, Neurosciences, Global Health and Oncology.

“Besides acquiring better skills and knowledge, the schools also provide us the opportunity to exchange experience and knowledge with participants from other countries. We had regular conversations with students from Korea, Indonesia, Mexico, Brasilia, the Czech Republic, Portugal, Egypt, Belgium, Italy and Spain, on the difference between the medical systems and cultures of the various countries,” says Henk Kruger, who, together with Marcel Nel, participated in the School for Paediatrics.

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