Africa is ripe for growth – but there is a shortage of good people who have the right financial skills to to help the market grow and improve the overall investment climate. The Master of Commerce Degree (MCom) in Development Finance will give you the expertise to turn ideas into financially sound, long-term development solutions that improve lives, uplift communities and place Africa on the global stage. This is your opportunity to build an exciting career in the cutting-edge discipline of development finance.
The Masters of Commerce Degree in Development Finance is designed to develop people and institutions that can help provide optimum financial outcomes that enhance the design and implementation of reforms and capacity-building programmes adopted by development finance institutions, governments, the private sector, NGOs and the wider emerging markets.
While Development Finance is typically known for its use by people working in development finance and other related institutions, it is also widely used by people in other banking and financial services institutions. It provides the expertise to start initial investments that act as the right catalyst, and demonstrate that enterprises can thrive in economically challenging markets. It is also used to ensure that funds channelled through development projects provide sustainable outcomes that can sustain the development agendas of developing countries.
Why this Degree?
As a professional discipline, Development Finance is widely practised today by all central governments; major development finance institutions including the World Bank, the IMF, the UN; as well as public and private sector organisations, international foundations and NGOs.
However there is a shortage of Development Finance experts in Africa, where the expertise is needed most. It's for this reason the University of Cape Town’s Graduate School of Business (GSB), has partnered with Africagrowth Institute (AGI), to create the Master of Commerce Degree in Development Finance.
The MCom (Development Finance) programme aims to ensure that Africa produces enough development finance experts to meet the growing needs of the growing continent.
Who Should Apply?
Development finance is for people and institutions that can influence development trends in an emerging context and make large-scale changes that can impact positively on the quality of life of people around the world. The GSB MCom in Development Finance brings with it a wide range of benefits including the following:
Take your Honours degree or Postgraduate Diploma to the next level with a Master of Commerce (MCom). You'll take an in-depth look at an issue through completing a research thesis, gaining advanced knowledge of your subject area and thorough training in independent research.
Once complete, you'll have the tools and capabilities you need for a career in business or public policy. You'll also be able to apply for PhD study in New Zealand or overseas.
This 120-point programme will take you 12 months to complete full time, or one and a half to two years part time. You must take at least 90 points of research. This means you'll complete a research thesis made up of a literature review, data collection and analysis, and your findings. A thesis is usually 30,000–40,000 words.
If you are studying full time, you can expect a workload of 40–45 hours a week for much of the year. Part-time students will need to do around 20–24 hours of work a week so make sure you take this into account if you are working.
At the end of your Master's you can choose to continue your research and apply to do a PhD.
Make the move into higher-level study with a degree that combines the variety and structure of classroom-based courses with opportunities for research.
You'll be able to expand your expertise in one of nine subjects while taking advantage of the flexibility to study courses across a range of commerce disciplines.
Build on your Bachelor's degree to enhance your career options in business, management and government with advanced study at Victoria Business School.
Victoria Business School is among a small group of business schools worldwide that hold the 'Triple Crown' of international business education accreditations. You can be confident your qualification will stand up against the best around the world.
If you are studying full time, you can expect a workload of 40–45 hours a week for much of the year. Part-time students doing two courses per trimester will need to do around 24–28 hours of work a week. Make sure you take this into account if you are working full time.
You can estimate your workload by adding up the number of points you'll be doing. One point is roughly equal to 10–12 hours work.
This 180-point programme will take you three to four trimesters of full-time study. If you’re studying part time it usually takes six trimesters.
If you're looking to accelerate your professional career by gaining expertise in an area of business you're passionate about, or want to prepare for a PhD or research career, this degree is designed for you.
The Master of Management Studies (MMS) degree will bring you closer to the frontiers of knowledge in your specialist field, and prepare you for leadership roles that require a high level of critical thinking and information analysis.
This degree normally includes both taught and research papers, but can also be taken as a full research degree.
Study part-time or full-time for 1-2 years (120 or 180 points), starting in either February (A Semester) or July (B Semester). Normally all papers are taken within a single specialist subject or interdisciplinary area.
This one-year taught masters specialist programme is not currently available for new enrolments. However, a revised version will be offered, starting in September 2018. Further details will be announced soon.
This one-year programme (180 points) is aimed at those seeking industry-relevant skills and knowledge needed to build a professional career in the financial industry. It has a strong practical focus and is ideal for students who have never majored in Finance before.
The 11 required papers will develop your foundational knowledge of investments and financial markets, before introducing you to more advanced topics, such as derivative securities and advanced financial modelling. You will also have the opportunity to undertake an applied research project. See the Degree Structure tab and Finance subject requirements for details of papers.
You'll be studying at Waikato Management School, a Triple Crown international business school accredited by EQUIS, AMBA and AACSB. This is a global benchmark of excellence in teaching and research, achieved by less than 1% of the world's business schools.
In the prestigious QS World University Subject Rankings 2017, we're ranked in the world's top 150 universities for Accounting and Finance, and in the world's top 250 for Business & Management Studies, and Economics & Econometrics.
And in the Eduniversal Best Masters Rankings 2017, our Master of Management Studies is ranked in the world's top 100 universities for the following specialist fields: Agribusiness (39th overall); Management and Sustainability (57th overall); and Tourism and Hospitality Management (32nd overall).
We also scored a Top 25 Oceania ranking for our masters programmes in Accounting, Economics, Finance, Human Resource Management, International Management, Leadership Communication, Management Systems, and Marketing.
The Otago Business School's Department of Accountancy & Finance offer the Master of Finance degree for students who wish to gain advanced financial skills and knowledge, while also enhancing their career prospects.
Key Information about the Master of Finance (MFinc):
The MFinc is a coursework masters degree consisting of taught papers and either an applied or research project, which will equip you to be either:
a) Professional practitioners in the field of Finance
b) Academic researchers in the discipline of Finance
The study options within the degree are designed to offer a number of pathways for you depending on your academic background and career aspirations. The primary pathway is for strong graduates of mathematically-oriented degrees such as mathematics and statistics, physics and economics to gain a finance qualification. This qualification is designed for people seeking a career in the finance industry or for financial specialists in non-financial firms.
As a graduate of the MFinc if you complete the Applied Project (BSNS 501) option you will have a wide range of career opportunities in commercial and investment banks, brokerage and investment firms, insurance companies, treasury departments of non-financial corporations, regulatory agencies, consulting and accounting firms. If on the other hand you complete the Research Project (BSNS 580) you will in addition have the ability to design and pursue a large project of independent research and consider MCom or even PhD in finance.
The programme of study shall consist of seven 20 point taught papers together with a 40 point applied project or research project. Papers are either taught in semester one, semester two or are full-year papers.
You must complete seven of:
Plus one of the following project papers: