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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

Winter Graduation spreads a glow of pride
2014-07-03

 

The 2014 Winter Graduation spread a glow of pride across our Bloemfontein Campus.

During the first session on Wednesday 2 July, the School of Open Learning conferred 612 diplomas and certificates.

Hazel Motsoeneng, District Director of Motheo in the Department of Education in the Free State, offered a powerful message to the graduates. “Teaching today is about reaching learners. The world of the future will not be changed because of the money you made, or the car you drove. The world of the future will be changed because you touched a child’s life.”

She reminded the graduates that “teaching is still a labour of love.”

Stafford Masie, the former general manager of Google South Africa, addressed 473 graduands on day two of the graduation ceremony.

“If you want to grow as an individual, realise that there are more people outside your immediate environment than inside that can help make you a better person. Take the opportunity and get exposed,” Masie said.

He added a few bits of advice:
• Be unique, don’t just follow others’ creations.
• The focus is no longer on me, me, me, but on we, we, we.
• You have the opportunity and the skills set. Don't just do things, do great things.
• True innovation happens when people are having fun.
• Work on stuff that really matters.

Prof Jonathan Jansen, Vice-Chancellor and Rector of the UFS, conveyed a special message to the graduates. “Getting a higher degree comes with high expectations of who you are and how you conduct yourself. A higher degree at Kovsies means that you are a better person, not only because you received a qualification, but also because of your human capacity to love and embrace.” 




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