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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

Ex-SRC Reunion 2005
2005-01-14

The University of the Free State (UFS) is celebrating it centenary with the theme 100+. This celebration does not only focus on the past, but especially on the future for the next 100 years. The conclusion of the Centenary year will be held on 28 January 2005 together with Kovsie Day, a joint project with the UFS Centenary Festival, Student Representative Council and Rag, and includes a huge “Potjiekos” Festival.

This closing function is, however, the beginning of the future festival which reaches its climax from 4–6 February 2005. During the weekend, an SRC Reunion will be held to which all ex-SRC members are personally invited.

The weekend program briefly includes the following:

Friday, 4 February 2004

09:00 Official opening of the University with a message by the Vice-Chancellor and Rector, Prof Frederick Fourie

11:00 A massive campus photo of all on campus

19:00 Through the night together with Rag.

Saturday, 5 February 2004

08:30 Champagne breakfast at the Thakaneng Bridge

10:00 Official attendance of the Rag Procession

19:00 SRC Dinner at the Centenary Festival Complex

Sunday, 6 February 2005

18:30 A special combined Dedication service at the Red Square (Rooiplein).

It will be a great privilege for the UFS to welcome all SRC members of the past 100 years. RSVP no later than 14 January 2005 to Nicolaas du Plessis. The costs will be indicated on the RSVP form.

N.B.: The UFS would be pleased to reach all ex-members. Should you be in contact with any other members, please send this information to them or contact me at the necessary contact numbers. For more information please contact me at 084 955 0875 or Elize Rall at 051-401 3382.

Nicolaas du Plessis

SRC Officer

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