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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 Alumni honours four
2007-02-19

 Mr Corrie van Zyl, former South African fast bowler and assistant coach of the national cricket squad, will be honoured by the Alumni of the University of the Free State (UFS) as Kovsie Alumnus of the Year 2006.
 
The award is made to Mr Van Zyl for his outstanding contribution to cricket. Under his guidance the Gestetner Diamond Eagles performed excellently and won five out of the six national one-day cricket tournaments they took part in.
 
The Cum Laude Award, awarded from time to time to any alumnus for outstanding service or achievement at local, national or international level in his/her specific career domain, will be awarded to Messrs Zingile Dingani and  Deon Meyer.
 
Mr Dingani will receive the Kovsie Alumni Cum Laude Award for his influential position in the government of South Africa as secretary of Parliament.  As former MEC for Finance in the Free State, he performed significant leadership roles in transforming the Free State economy. The Mail and Guardian described him “as a high performer who is likely to become the next Provincial Premier”.
 
Mr Deon Meyer, acclaimed South African suspense novel writer, will also receive a Kovsie Alumni Cum Laude Award for 2006.  Mr Meyer received numerous acknowledgements and awards for his contribution to literature on both national and international level.
 
Prof Helena Van Zyl, Director of the School of Management at the UFS, receives the Kovsie Alumni National Management Award for exceptional service during 2006.  Through her extraordinary abilities and leadership skills, Prof Van Zyl has managed to build the School of Management at the UFS to one of the most reckoned management schools countrywide.
 
The award ceremony will take place on Friday 9 March 2007 during a gala award banquet in the Reitz Hall of the UFS Centenary Complex on the Main Campus in Bloemfontein.  
 
All alumni of the UFS are welcome to attend the function. The guest artists will be various talented Kovsies and the entrance fee of R100 per person includes a three course meal.  
 
Those who are interested can contact Ms Annanda Calitz at 051 401 3382 or alumni@ufs.ac.za.
 
Media release
Issued by: Lacea Loader
Media Representative
Tel:   051 401 2584
Cell: 083 645 2454
16 February 2007
 

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