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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

Kovsie champ makes SA Paralympic swimmers team
2015-06-05

Johann van Heerden
Photo: Supplied

Johann van Heerden will fly the Kovsie flag high in this year’s International Paralympic Committee (lPC) Swimming Championships in Glasgow. The University of the Free State first-year BEd student is one of 10 South Africans representing our country.

According to the South African Sports Confederation and Olympic Committee, 640 swimmers from about 50 countries are to plunge and stroke their way to the touch plates from 13-19 July.

“I first started swimming because I had a fit when I was born and it caused me to have Cerebral Palsy. My parents thought that, because my right-hand-side functioning was not good, swimming might help strengthen my muscles,” said Johann.

His parents played a major role in influencing the beginning of his professional swimming career.

Lauren van Heerden, Johann’s father, said, “I am so excited for him, and I am proud that he will be representing our country overseas. It is a big competition so it is a good experience for him.”

Qualifying for the IPC championships has proved that hard work pays off. As his coach, Mark Markgraaff, puts it: “Johann must go out there and have fun, most importantly; he will reap the benefits of his hard work.”

It is not only his parents and coach that Johann has made proud; Hetsie Veitch, Assistant Director of the Unit for Students with Disabilities, also expressed how proud she is.

“Since I’ve known him, he has been a very determined young man who is dedicated to his sport.”

The Rio Paralympics is where Johann envisions being next year.

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