2019

Discover ways to unlock Africa’s growth

potential

Postgraduate Diploma in Development Finance

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Contents Postgraduate Diploma in Development Finance | www.usb.ac.za/PGDDevFin

Design and implement African-driven solutions

1 year

Modular format:Learn while you earn

Gain access to the MPhil inDevelopment Finance

Help to unlock Africa’s growth potential

Financial services industry, public institutions, banks, companies or corporates

Become a development finance practitioner and help to develop Africa where it matters.

Prof Michael Graham,Head: Development Finance Programmes

05Message from the Director of USB

18Timetables

20John Shivute’s story

11Discover the competencies you will gain

10Overview of USB’s Postgraduate Diploma in Development Finance

19How to apply

24USB faculty

15Electives

26Contact us

07Message from the Programme Head

18Application deadlines

23Additional information

12Learning outcomes

24Facilities, resources and services

08Discover USB’s advantages for you

18Admission requirements

24Additional information for foreign students

13Overview of content

25USB Alumni Association

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Thank you for your interest in the University of Stellenbosch Business School. You have come to the right place to discover and develop your leadership potential.

We are one of the few Triple Crown Business Schools in the world. These are schools with the three major international accreditations, namely AACSB (from the USA-based Association to Advance Collegiate Schools of Business), EQUIS (from the Brussels-based European Foundation for Management Development) and AMBA (from the UK-based Association of MBAs). In addition, our executive education programmes, delivered via our private partner, USB-ED, is ranked among the Top 100 in the world by Financial Times.

You therefore know in advance that the standard of our academic programmes, infrastructure and learner support is benchmarked against the best. We would also like you to know the following about USB:

• We are deeply committed to Africa. At the same time, we educate you to function in a global business world.

• We will lead you to study the latest theories in a particular field while also providing you with opportunities for practical application in your business.

• We will walk the road to sharpen your critical thinking abilities while also igniting your passion for better business skills.

• We will widen your strategic vision while also equipping you with operational skills in fields like responsible leadership, finance and marketing.

• We will carefully select you to enter into one of our programmes, and then engage with you to leave us as a changed person.

USB is a values-driven school. We embed our values – like integrity, inclusivity, excellence and innovation – in everything we do.

We are part of Stellenbosch University – the top research university in Africa – and steer our research agenda to inform business and the content of our curricula. Via our Small Business Academy we create value for budding entrepreneurs to improve their businesses and create jobs in their communities.

Ultimately, USB aims to bring hope to Africa and to the world. Join us in turning this dream into a reality.

Prof Piet Naudé USB Director

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Message from the Director of USB

From a business school perspective, social

development in South Africa happens through empowering

students to understand their role as responsible

leaders when they go back into society.

Prof Piet Naudé, USB Director

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Do you as a development finance practitioner want to broaden your knowledge and skills in this dynamic and complex field? Or are you considering changing your career to the exciting field of development finance and want a postgraduate qualification to hone your skills? Or do you as a regulator or policy maker want to advance your understanding of the full range of finance policies, programme models and tools used by development finance practitioners to help you do your job better?

USB’s unique and internationally recognised Development Finance programmes – a Postgraduate Diploma, MPhil and PhD – have been designed to help you achieve these goals.

The content of these top-quality academic programmes is relevant to the needs of Africa. Hence, this programme equips participants with a thorough understanding of the special problems of finance in developing countries, and in Africa in particular.

Be assured of a fascinating learning experience and the opportunity to think creatively and pragmatically in proffering solutions to development finance challenges in Africa.

Prof Michael GrahamHead: Development Finance Programmes

Message from the Programme Head

Learn to think creatively and pragmatically in

order to proffer solutions to development finance

challenges in AfricaProf Michael GrahamHead: DevelopmentFinance Programmes

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Discover USB’s advantages for you

African contextualisation of business knowledge

USB has become known for its African-focused expertise in areas such as sustainable development, futures research, development finance, ethics and corporate governance, responsible leadership development, management coaching and emerging-country economics.

Connections with the business sector

USB’s close cooperation with industry ensures an academic offering aligned with the needs of the world of work. Areas of alliance and collaboration include representation by the local and international business community on the USB Advisory Board. Partnerships between USB and industry include societal initiatives such as the USB Small Business Academy and the Consulting Club.

Collaborative learning

Our students come from different industry backgrounds, cultures and geographies. This diversity enables them to learn from one another and to work with different perspectives. Our students regularly mention collaborative learning as one of the highlights of their learning journey.

Social impact

USB’s ultimate purpose is to develop responsible leaders who will be stewards of society. For USB, social impact means the societal orientation and impact of our curricula and research, our involvement in social dialogue and public policy making, the social impact of our engagement with stakeholders, our collaboration with partner schools and organisations, and our sustainability and responsibility practices. For USB’s students, this translates into engaged learning.

International stature and global perspective

USB is part of the 100-year-old Stellenbosch University, an international institution of distinction and the top research university in Africa. USB has partnerships with some 80 business schools representing all the continents and has a presence in various parts of the African continent. Joint research, faculty members serving on international boards, international memberships, jointly presented conferences and the exchange of faculty members and students contribute to USB’s global perspective of business knowledge.

Strong focus on responsible leadership development

USB’s mission is to develop responsible leaders through well-grounded business education and research. Responsible leadership development is ingrained into USB’s programmes – in particular the MBA.

Research and the sharing of business knowledge

USB creates business knowledge through its research centres, academic conferences, research fellowships, the research undertaken by its faculty members and students, and its partnerships with the business industry and other academic institutions. The school shares its research on various platforms, including its journals, website, conferences and speaker events.

Study at a school with 3 international accreditations

USB was the first school from an African university to receive all three international accreditations: AACSB, EQUIS and AMBA. The school is also well ranked in South Africa (No1 in PMR.africa, 2017) and in Africa (Eduniversal’s Top 3 in Africa, 2017).

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Discover the competencies you will gain

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The Postgraduate Diploma in Development Finance is a modular programme over one year which focuses on critical skills that will enable you to work in development finance environments in both the public and private sectors. Among others, you will learn how to implement the design and financing of interventions aimed at growth in South Africa as well as the greater Africa. These growth initiatives range from roads, energy plants, dams, schools, houses, hospitals and telecommunication infrastructure to small and medium-sized businesses.

Help Africa to grow sustainablyThe critical skills imparted by USB’s Postgraduate Diploma in Development Finance will enable you to work in the development finance environment and to implement and manage the design and financing of specific interventions aimed at growth in South Africa as well as the greater Africa. Growth initiatives typically range from roads, energy plants, dams, schools, houses, hospitals and telecommunication infrastructure to small and medium-sized businesses.

Provide financial and operational input in terms of development finance issuesYou will be able to understand and analyse the structure of African economies and the role of financial markets in development. You will also be able to identify and assess the critical factors in economic development in Africa.

Shape development projects and policiesYou will be able to identify development projects or policies and contribute to the design and implementation of structured policies and interventions to finance development needs, especially in Africa.

Provide input for reports You will be able to write analytical position papers, which is important for policy implementation and research in development finance. This includes formulating research problems, collecting relevant information, analysing data and preparing simple but analytical research proposals or reports.

Understand small-scale enterprise development and financeSmall-scale enterprises form an important part of economic development in both developed and developing economies. You will be able to assess the dynamics of small-enterprise access to finance. You will also be able to investigate the demand for finance by small-scale enterprises.

Build valuable networksThe rich diversity of students will enable you to build valuable networks. Over the past five years students from over 18 countries have attended this programme.

Overview of USB’s Postgraduate Diploma in Development Finance

Overview of USB’s Postgraduate Diploma in Development Finance

Online support: All classes are supplemented by USB’s learning management system (Learning Hub). The course content is embodied in a series of lectures and group discussions, blended with course material composed of comprehensive course outlines, text books and journal articles. Students have to be thoroughly prepared for all lectures so as to extract the optimal benefit from contact sessions and collaborative learning.from contact sessions and collaborative learning.

NQF level: 8 (120 credits)

Course methodology: A mix of interactive lectures, course material and case studies. Handbooks, guidelines, articles, journal articles and a matrix or checklists will serve as reference material for future project design and delivery.

Convenient modular format: Students attend two blocks of classes on the USB campus over a period of one year.

Place of delivery: Classes are presented at the USB campus in the Tyger Valley business district in northern Cape Town.

Language: English

International accreditation: AACSB and EQUIS

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Upon completion of this programme, you will be able to:

• Understand development finance, especially in Africa

• Diagnose and analyse development finance policy issues, problems or projects

• Contribute meaningfully to the design and formulation of development finance policies and programmes to address development needs within specific contexts

• Implement development finance policies

• Monitor and evaluate the feasibility and outcomes of development finance projects

• Write an analytical research report on a topical development finance issue.

The six core modules are compulsory:

• Finance and Development in Africa

• Research Orientation

• Small-Scale Enterprise Development and Finance

• Financial Analysis and Project Appraisal

• Risk Management in Development Finance Institutions

• Public-Private Partnerships

This module introduces students to an understanding and analysis of the structure of African economies and the role of financial markets in development. It also discusses the structure and historical development of financial markets in Africa. This module emphasises the link between financial markets and economic activity. Topics include:

• African development dynamics in historical perspective

• Local, regional and national development in African countries (including political challenges)

• Africa’s socio-demographic dynamics

• The role of finance in the development in Africa

• Financial markets and intermediation in Africa

• Local, regional and national development in African countries: This includes the political challenges.

• Financial sector policies in Africa

• Development finance institutions and resource mobilisation for development in Africa.

The ability to write good and clear analytical position papers is important for policy implementation and research in development finance. This module introduces students to ways to identify researchable issues, gather relevant data and put together an analytical position paper or research report. Topics include:

• Overview of the research process and the identification of a research question

• Internet search skills

• Information synthesis and evaluation

• Data collection methods

• Data analytical techniques

• Academic writing skills

• Overview of the research process and the identification of a research question

• Upon completion of the module, participants should be able to:

Learning outcomes

Who should enrol?

Overview of content

Finance and Development In Africa

Research Orientation

The programme is aimed at junior to mid-level managers who typically work in the financial services industry, public institutions, banks, companies or corporates and who wish to prepare themselves for a career in development finance.

Acquire critical skills to work in development finance environments in

both the public and private sectors.

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Development finance institutions perform an important role in providing bridging finance for infrastructure, small businesses and other development initiatives. However, the nature of the operations of such institutions makes them inherently susceptible to a portfolio of risks. This module introduces students to such risks and shows ways to mitigate them and to design control and warning signal systems to monitor them. Topics include:

• Introduction to risk management and sources of risk in development finance• Risk types and definitions, e.g. strategic business units (SBU), project portfolio investment risks• Risk identification, evaluation and quantification• Risk mitigation – risk financing and risk control• Risk monitoring and reporting.

Public-private partnerships (PPPs) have been instrumental in providing critical public services which hitherto have been difficult to deliver due to funding, affordability in pricing and other issues. This module introduces students to critical issues in public-private partnerships, designs, challenges and prospects. Topics include:

• Introduction to public-private partnerships

• Critique of public-private partnerships

• Issues in public-private partnerships

• Options for the delivery of public services.

Upon completion of the module, participants should be able to:

• Describe public-private partnerships in terms of prospects and challenges

• Design a public-private partnerships model framework for application in a development project

• Identify and analyse the relationship between the public sector and private sector in service delivery

• Assess public-private partnership options.

Small-scale enterprises form an important part of economic development in both developed and developing economies. For Africa in particular, the development of small-scale enterprise activity has been relatively slow and rife with problems; one of which is finance. This module discusses issues in small-scale enterprise development from firm level as well as institutional support level, and provides a critical diagnosis of issues relating to demand for and supply of finance to small-scale enterprises. Topics include: • Characteristics of small and micro enterprises in the informal sector

• Demand for finance by small enterprises

• The capital structure of small enterprises

• Trajectories of the financial structure of small enterprises

• Determining the appropriate source of start-up capital or venture capital

• Structuring smart deals

• Financing options and alternative sources of capital

• The supply-led credit model

• Survival and growth of small enterprises

• Classical versus managerial models

• Organisational form, contingency and finance

• Enterprise policy and institutional support

• Upon completion of the module, participants should be able to:

• Assess the dynamics of small enterprise access to finance

• Investigate the demand for finance by small-scale enterprises

• Identify and distinguish between options in supply of finance for small-scale enterprises

• Describe complex characteristics of small enterprise development and the role of finance in inception and growth

• Analyse small enterprise survival and growth

• Draw a strategic financing plan for operating a small enterprise

• Overview, financial statements, cash flow and taxes (balance sheets, income statements, cash flow, working with financial statements, financial planning)• Time value of money (financial markets and net present value rule, how to compute NPVs, valuing a business)• Valuation of bonds and stocks • Raising capital• Financing decisions and analysis and impact of leverage• Risk and return, and the cost of capital (measuring portfolio risk, calculating portfolio risk, measuring and analysing beta)• Project and investment appraisal (evaluating capital investments, NPV, IRR, profitability index, capital budgeting examples)• Project appraisal in practice (FIRR, EIRR, determining project WACC)• Non-revenue earning projects (cost-effectiveness, cost utility and social cost benefit analysis)• Risk in investment and project decisions.

This module provides students with tools for financial evaluation. Students are exposed to the key elements of evaluating the financial health and value of a firm. In addition, the course has a significant component focused on project and investment appraisal and on the implications of various financing options. The emphasis in terms of applications will be based largely on firms and projects in developing countries, especially Africa. Topics include:

• Identify and explain researchable issues

• Formulate a research problem within the field of development finance

• Collect relevant information to investigate a problem

• Identify appropriate data analytical tools

• Analyse data to solve research problems

• Prepare a simple but analytical research proposal or report

Small-Scale Enterprise Development and Finance

Financial Analysis and Project Appraisal

Risk Management in Development Finance Institutions

Public-Private Partnerships

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Students have to select any two electives from the following options:

• Leadership in Development Finance

• Social Entrepreneurship

• Agricultural Finance

• Mortgage and Housing Finance

To successfully initiate and implement development finance policies there is a need to understand the strategic leadership qualities required to drive organisational goals.

The module on leadership skills focuses on the personal competencies required to drive organisational goals, specifically in the development finance space. Topics include:

• Organisational implications and personal competencies

• Being an effective leader and finding your authentic leadership style

• Accountability for leveraging leadership across the organisation

• Understanding leading change as a core leadership competency

• Leadership development for social change

• Leadership in the public sector.

This module deals with the emerging issue of entrepreneurship with social commitment. The importance of accounting for social values in entrepreneurship is taking the centre stage, especially in business in developing economies. This module deals with pertinent issues regarding the need to account for social values in doing business. It also explains how to set up and run social enterprises. Topics include:

• Introduction to social entrepreneurship

• Developing social enterprise concepts

• Ideas and opportunities

• Financing social values

• Socially screened investments

• Measuring social value

• Managing a sound enterprise

• Sound entrepreneurship and socioeconomic empowerment.

This module examines the financing mechanisms and issues that agricultural units typically face in developing economies. It delves into the complexities of the risks that agricultural units typically take on and implications for financing. It also takes a look at different solutions to pricing agricultural credit. Topics include:

• Agricultural development in Africa

• Financial structure analysis

• Resource acquisition and control in agriculture

• Credit in farm business

• Commercial banks and farm loans

• Cooperative farm credit

• Risk management and insurance

• Commodity credit and finance

• Agricultural finance policies and programmes.

The developing world, and Africa in particular, is faced with a huge deficit in housing stock. There is a high demand for housing, but the supply of housing is rather low. This translates into a huge mismatch between demand for and supply of housing. One of the major causes of this has been the inability to provide appropriate housing financing mechanisms in this context. This module introduces students to the important building blocks of mortgage and housing in developing economies. Topics include:

• Development of housing finance schemes

• Types of housing finance schemes

• Mobilising funds for housing

• Housing markets and housing policy

• Extending mortgage lending and services to lower income groups and the poor

• The role and development of community lending institutions

• Real estate finance and investment.

Leadership in Development Finance

Social Entrepreneurship

Agricultural Finance

Mortgage and Housing Finance

Electives

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South African students: 15 November each yearARPL candidates: 30 September each yearInternational students from (visa-exempt) SADC countries: 30 September each yearAll other International students: 30 September each year

The programme fees for 2019 will be made available on USB’s website once the fees become available.See www.usb.ac.za/PGDDevFin for details.

Important

• Fees include books and study materials.

• On acceptance of admission, the deposit is payable and is deducted from the programme fee. The deposit is not refundable.

• Deposit payable by international students: Foreign students need to pay a deposit of 50% of the annual programme fees by acceptance to the programme and the balance prior to, or upon registration.

• Application fee: The application fee must accompany the application. The application fee is not refundable.

• Travelling, accommodation and meals are for students’ own accounts.

• USB reserves the right to change the fees at any time.

• Students are responsible for their own travel and accommodation arrangements and costs.

• USB reserves the right to change the fees at any time.

Application deadlines

Programme fees

The timetables for the PGD in Development Finance are published on USB’s website once the dates become available. See www.usb.ac.za/PGDDevFin for details.

Important• Study permits for foreign students at USB: Obtaining a study permit (study visa) from the South African

authorities takes up to 12 weeks from the date of being offered a place on a programme at USB – hence the early application deadline for foreign students.

• Multiple-entry visas: Students from non-SADC African countries and other countries with visa requirements who need to apply for study visas can obtain a letter from USB confirming the duration of registration at USB. This will help students to obtain multiple-entry study visas in case of modular studies.

• Timetable changes: USB reserves the right to change dates of the lecture schedule or subjects per term table. Students will be informed of any changes in good time.

Timetables

• A Bachelor’s degree in Economics, Finance, Accounting, Commerce or Management OR• Any other three-year Bachelor’s degree with at least two years of relevant experience OR• Recognition of prior learning (see elsewhere in brochure).

Admission requirements

Before you start

• You will be able to complete the form in steps without losing information. • The online application form consists of various sections. In order to process to the next section, all the

information in the current section must be completed and accepted by the information management system.

• The application process is the same for South African and foreign students. • It is best to use Google Chrome as web browser when completing your application.

The application process

Go to www.USB.ac.za/apply and complete the online PGD in Development Finance application form by completing each of the following sections:

Section 1: Personal details

Section 2: Address details

Section 3: Work and studies

Section 4: Documentation

Here you need to upload the following supporting documentation:

o Proof of application fee payment

o Detailed CV

o Certified copies of degree certificates (which must include a transcript of the subjects)

o Proof of school-leaving mathematics results

o Copy of your ID (or passport for non-SA students)

o Marriage certificate (where the applicant’s new surname does not match that on the degree certificates).

Section 5: Payment

Here you need to pay your application fee.

Bank: Standard Bank; Type of account: cheque account; Account name: US Business School; Account number: 073003069; Branch name: Stellenbosch; Branch code: 050610; Beneficiary name: Stellenbosch University; SWIFT code: SBZAZAJJ. Proof of payment of your application fee should be e-mailed to the cashier at payments@usb.ac.za.

Section 6: Status

What happens next?

Your application can only be assessed by the selection panel if it is accompanied by your completed online application form, all the supporting documents and proof of your application fee payment. The outcome of the selection process will be made known approximately 4 to 6 weeks after the closing date for this programme.

How to apply

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Starting off with the PGD in Development Finance

My name is Tuutwaleni Pombili Johannes Shivute, but most people call me John. I was born and raised in Namibia and worked as an accountant at Namibia Airports Company in Windhoek for many years.

I’ve always had an appetite to further my studies but I was looking for a programme that would advance my way of thinking to identify challenges and develop solutions to solve these challenges inclusively.

A colleague of mine told me about USB’s PGD DevFin and after doing some research on USB’s website, I knew that this programme was what I was looking for. The PGD DevFin focuses on progressive thinking and how inclusivity can bring about a sustainable society.

Starting at PGD level assisted me to grasp the overall perspective of the programme. It offers a wide range of modules that are guaranteed to provide you with diversified knowledge on contemporary events.

After being exposed to the coursework, literature and assignments, I got this idea for a banking mobile app that would help bring informal economies into banking. This innovation is so powerful that even traditional financial intermediaries developed an interest in the idea. The app was developed in such a way that it can be used by all sectors of the economy. I realised that a phone is a very powerful instrument, especially when using it to convey information, as there are so many phones in the world right now. Where there are phones, there are banks.

Continuing with the MDevF

The experience and the knowledge I attained from the PGD DevFin was so exciting and full of wisdom that I decided to apply for the MPhil in Development Finance (MDevF).

The MDevF provides a broad and progressive perspective on how events impact each other with the objective to provide an across-the-board solution. For example, it empowered me to identify the appropriate financing model to use when contemplating funding for an infrastructure project to save money for government and still maximise positive project output and sustainability.

The MDevF gave me the opportunity to meet the whole of Africa in a single classroom. Right now I know at least one person in almost every African country and, with technology being advanced, I can easily send a WhatsApp to either set up a meeting or

The PGD DevFin focuses on progressive thinking

and how inclusivity can bring about a

sustainable society.

John Shivute, USB alumnus

Alumnus

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John Shivute

I wanted to identify challenges and develop solutions for a sustainable society.

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Additional informationInformation sessions

USB hosts various Information Sessions during the year. This is where you can obtain first-hand information on the programme and meet faculty members, alumni and support staff. See www.usb.ac.za/events for dates, venues, timeslots and booking details. Or e-mail mdevf@usb.ac.za or call +27 (0)21 918 4246.

Assessment and recognition of prior learningUUSB provides wider access to its programmes through its Assessment and Recognition of Prior Learning (ARPL) process. In line with the requirements of the Council for Higher Education (CHE), USB may admit up to 10% of its student body under ARPL.

In order to be admitted to a Postgraduate Diploma at USB, candidates should be in possession of a relevant degree or National Diploma at NQF level 7.

Candidates who wish to be admitted under the ARPL policy will firstly have to submit all the documentation and tests as required for all prospective students. In addition, prospective students applying for a Postgraduate Diploma at USB have to adhere to the following:

•Have at least an NQF 4 qualification.

•Have at least TEN years of working experience after obtaining a school leaving certificate, of which at least FIVE years should have been in a management or related professional position.

•Submit a comprehensive CV, indicating detailed areas of responsibility as well as information of activities outside the work environment.

•Provide USB with at least two references (typically current or former line heads) who can testify about the candidate’s managerial or related professional abilities. These references will be required to give a detailed personal reference about the candidate on forms provided by USB.

•Next, USB’s Admissions Committee (head of the programme and another academic) will conduct an in-depth interview with the candidate.

•If the Committee is of the opinion that the candidate has the abilities to cope with the demands of the Postgraduate Diploma, he/she may be admitted.

•A recommendation of admission is sent via USB’s Academic Planning Committee to the Board of the Faculty of Economic and Management Sciences for notification.

•Note that ARPL candidates need to apply by 30 September each year to allow sufficient time for the assessment process.

communicate on a project. The networking further benefited me to learn at a primary stage about challenges that other African countries are experiencing. This assisted me to identify solutions to these challenges by using country-specific data and variables through collaboration with an individual from that particular country.

After graduating I decided to rejuvenate my own company (which I established in 2015 when I developed the banking mobile app) by incorporating business that focuses on formulating, selling and helping to implement innovative ideas to solve various challenges encountered by nations, commercial businesses and societies at large. Many doors have opened up for me after the completion of the MDevF. The wealth of knowledge I attained from both the PGD and MPhil has given me the confidence to address challenges facing societies by incorporating the three pillars of development – economy, social and environment. I am also currently working on a book titled How inclusive innovation is favourable to economic growth.

Contemplating my PhD

The knowledge and richness of the PGD DevFin and MDevF made me realise that there is still more to learn. I am now arranging to proceed with a PhD in Development Finance at USB. I also continue to work on various innovations that I believe will bring inclusive solutions to developmental challenges.

This is my journey of becoming a progressive thinker. What will yours be?

The experience and knowledge I attained from the PGD was so

exciting and full of wisdom that I decided

to apply for the MDevF.

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Study visa requirements for international students

All residential students who are non-South African citizens and are studying at USB require a study visa. Prospective students should contact their nearest South African Foreign Mission (South African Embassy, Consulate or High Commission), normally in their country of origin, to enquire about the requirements for study visas for South Africa. Applicants are required to present themselves in person so that biometric data may be captured. Students from West Africa can also contact USB’s representative for this region in Nigeria while students from East Africa can contact USB’s representative for this region in Kenya. (See contact details at the back of the brochure.) All international students can contact the USB International Office at international@usb.ac.za for assistance. All international students must hold a valid visa for their intended activity prior to entering South Africa.

Payment of programme fees

Foreign students need to pay a deposit of 50% of the annual programme fees by acceptance to the programme and the balance prior to, or upon, registration.

Notes on obtaining a study visa

• Obtaining a study visa from the South African authorities takes approximately 10 to 12 weeks from the date of application. However, some missions may process applications sooner. Sufficient time should be allowed for study visa applications to be processed.

• Your study visa application should include a copy of the letter offering a place on USB’s MBA (or other programme). This letter will be provided by USB’s Academic Administration once the application has been approved. A place on the programme must be confirmed before a study visa application can be considered by the South African Department of Home Affairs. Students should not proceed to Stellenbosch University or USB without a valid visa.

• Although applicants are expected to determine exactly what they require to apply for a study visa, they can expect to have to provide the following, among others: a police clearance certificate, proof of medical insurance recognised in South Africa, a radiological report, a medical certificate, proof of sufficient funds, and an admission letter from USB. Your nearest South African Foreign Mission will be able to advise in this regard. The onus falls on the student to make sure that he/she submits a complete application pack.

• All documents should be certified and translated into English before submission (in order not to delay the outcome of the application).

USB faculty

Besides its full-time and part-time academic staff, many of whom have distinguished themselves as organisational leaders, USB welcomes international academics and experts to lecture on its programmes. This gives students exposure to academic learning and real-world experience from across the globe. Find out more about USB’s faculty at www.usb.ac.za.

Facilities, resources and services • ICT facilities: These include wireless broadband internet access campus-wide, an e-learning platform,

break-away rooms, network connections for notebooks and access to software packages and databases.

• Library: The library provides access to printed and online local and international publications, books, journals and databases (including SA-ePublications, Scopus, Ebscohost, Gartner and Emerald), as well as a repository of master’s and doctoral theses (SUNScholar). See http://library.sun.ac.za.

•Support services: Support to students is offered via these touch points such as the Admissions Office, Academic Administration, Careers Office, International Affairs Office, Alumni Relations Office and USBI (library).

•Business services: This facility offers e-mail, phone, photocopying, printing, courier and related services to students.

• Lecture theatres: All the auditorium-style and flat-floor lecture theatres are equipped with the latest audio-visual equipment and network facilities.

•Accommodation and restaurants: The Bellvista Lodge (www.usb.ac.za/bellvista) on the campus provides accommodation and a restaurant. Two other restaurants offer meals and refreshments.

USB Alumni Association

USB’s Alumni Association has strong roots and a wide reach. We are extremely proud of our more than 27 000 alumni who have excelled in managerial and leadership roles all over the world – many of them at the highest level. Various channels are used to create ongoing conversations between USB and its alumni, opportunities for continued learning and ways to give back to USB. Together, USB and its alumni create a powerful network that contribute to the common good of society. See www.usb.ac.za/alumni.

Additional information for foreign students

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Postgraduate Diploma in Development Finance enquiries Telephone: +27 (0)21 918 4246 | PGDDevFin@usb.ac.za | www.usb.ac.za/PGDDevFinCarl Cronjé Drive, Bellville 7530, Cape Town, South Africa

Information sessions Telephone: +27 (0)21 918 4246 | PGDDevFin@usb.ac.za | www.usb.ac.za/events

USB Careers Office Telephone: +27 (0)21 918 4187 | usb.Careers@usb.ac.za

International Affairs OfficeTelephone: +27 (0)21 918 4196 | international@usb.ac.za

Campus accommodation Telephone: +27 (0)21 918 4444 | www.usb.ac.za/bellvista

USB Alumni Office Telephone: +27 (0)21 918 4212 | usbalumni@usb.ac.za

West African Office Prospective students from West Africa can contact USB’s representative in the region for assistance with applications, transcripts and visas: Contact person: Gbemisola Abdul-MartinsTelephone: 234 8033136294 | 08033136294E-mail: gbemi@cognityadvisory.comPhysical address: Lagos Cognity Advisory Office, 2nd Floor, 84 Opebi Road, Opebi, Ikeja, Lagos, Nigeria

East African Office Prospective students from East Africa can contact USB’s representative in the region directly for assistance with applications, transcripts and visas: Contact person: Alex Matheri Telephone: +254 (734) 606000 (office) | +254 722 251638 (mobile) E-mail: alex.matheri@usb.ac.za Physical address: 1st Floor Suite 108, Nanak House, Kimathi Street, Nairobi Postal address: PO Box 3285-00506, Nairobi, Kenya

Mauritian OfficeProspective students from Mauritius can contact USB’s representative in the region directly for assistance with applications, transcripts and visas: Contact person: Marietjie van der MerweTelephone: +230 52 91 85 84E-mail: marie@globalnatives.com

Start your discovery here

Start your discovery here

University of Stellenbosch

Business School

Postgraduate Diploma in Development Finance enquiries

+27 (0)21 918 4246

PGDDevFin@usb.ac.za www.usb.ac.za/PGDDevFin

www.usb.ac.za

Carl Cronjé Drive, Bellville 7530, Cape Town, South Africa

Where USB’s alumni come from

AUSTRALIA and NEW ZEALAND

countries in ASIA

countries in the AMERICAS

countries in EUROPE

countries in AFRICA

Use development finance to fund

growth initiatives such as roads,

houses and hospitals.