Postgraduate Diploma Economics

Postgraduate Diploma in Business Management and Administration

Postgraduate Diploma in Business Management and Administration

Acquire the managerial and entrepreneurial skills to start a business or manage a division

  • Modular
  • Blended
  • Course
  • Fees
  • Structure & Content
  • Learning Philosophy
  • Admission Requirements
Course Overview
Course starts Beginning of 2022
Application closes 15 Nov (SA and international) | 31 Oct (RPL)

USB’s internationally accredited Postgraduate Diploma in Business Management and Administration (PGDip BMA) will help you unlock the skills you need to set up and run your own business or practice, or to prepare yourself for a managerial position. That is why it covers essential management skills such as business finance, marketing management, and entrepreneurship and innovation. It also includes a module on responsible leadership, and a module on understanding the world, which will give you the bigger picture in terms of the global, African and local ecosystems in which you operate. This PGDip can give you access to an MBA.

NEW! This PGDip has been redesigned to give you unrivalled flexibility. Among others, you can choose the format (blended learning or modular) and duration (1 year or 2 years), making it easier for you to study while you work. See how USB’s redesigned PGDips can benefit you.

These are the dates for 2021. The dates for 2022 will be added once they have been finalised.

 

Application deadlines

South African applicants: 15 November each year (SHL and application deadline)
RPL applicants: 31 October each year
Applicants from (visa-exempt) SADC countries: 15 November each year
Applicants from rest of world: 15 November each year

Year 1
5 blocks, each of which lasts one working week
Block 1
1 – 6 February 2021
Block 2
12 – 17 April 2021
Block 3
21 – 26 June 2021
Block 4
13 – 18 September 2021
Block 5
22 – 27 November 2021

The fees below are the tuition fees for 2021 (with fee relief incorporated). Programme fees for 2022 will be published once this information becomes available.

 

Total Provisional Quote
Students from South Africa R89 885 Download
Students from the Southern African Development Community
(SADC) countries
R94 385 Download
Students from the rest of Africa (non-SADC) R99 415 Download
Students from the rest of the world R127 915 Download
Deposit payable on acceptance of admission for 2021
Students from South Africa R13 060
Students from the SADC countries R50 395
Students from the rest of Africa (non-SADC) R53 450
Students from the rest of the world R53 450
Application fee for 2021
Application fee R850
SHL selection test
Applicable to all students R2 950

 

  • 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.

Overview

Foundation phase modules and specialisation phase modules

The modules of the PGDip BMA are split into a foundation phase (covering skills, frameworks and tools you can apply in any field of work) and a specialisation phase (programme-specific modules).

You need to do 4 of the following 7 foundation phase modules on offer:

  • Term 1: Understanding the World
  • Term 2: Responsible Leadership
  • Term 3: Thinking Frameworks OR Business Analytics OR Managing of Projects
  • Term 4: Organisational Behaviour OR Managing Risk and Uncertainty

You also need to do the 4 specialisation phase modules:

  • Term 1: Business Finance
  • Term 2: Marketing Management
  • Term 3: Business Process Management
  • Term 4: Entrepreneurship and Innovation

Choose between 2 formats: Blended learning and modular

  • Blended Learning classes: Late-afternoon classes once every week for those doing their PGDip over 1 year, or once every fortnight for those doing their PGDip over 2 years. The blended learning classes are presented online (and also on campus depending on Covid restrictions). Classes are presented on Tuesday afternoons from 16:00 till 20:15, and for some foundation modules on Wednesday or Thursday afternoons from 16:00 till 20:15. The online classes are presented synchronously with the on-campus classes. The flexibility of digital class attendance means minimum time away from work. The blended learning delivery option opens up access to students from elsewhere in South Africa, from other African countries and even further afield. This also lowers the opportunity cost to obtain this postgraduate diploma as you can attend all classes online.
  • Modular classes: Four full blocks of classes spread over the year if you are doing the 1-year PGDip (i.e. morning and afternoon classes from Monday to Friday), or four blocks of either morning or afternoon classes per year if you are doing the two-year PGDip (i.e. morning or afternoon classes from Monday to Friday). The modular classes are presented on campus, which translates into in-class experience and focused studies without work interruptions.

Choose between 2 duration options: 1 year or 2 years

1-year PGDip 2-year PGDip
Number of modules: 8 Number of modules: 8
Delivery mode for all modules (foundation and specialisation):

· Blended learning format: 1 late afternoon session per week for 40 weeks + 4 weeks of assessments

· Modular format: 4 full modular blocks spread over the year (i.e. mornings and afternoons)

Delivery of foundation modules in Year 1:

· Blended learning format: 1 late afternoon session once every second week

· Modular format: 4 block weeks per year with classes either in the morning or the afternoon

Delivery of specialisation modules in Year 2:

· Blended learning format: 1 late afternoon session once every second week

· Modular format: 4 block weeks per year with classes either in the morning or the afternoon

Notes:

· Each modular block runs from Monday to Friday, except the first modular block which runs from Monday to Saturday.

· Students who select the 2-year option will be able to pay their fees over 2 years.

USB recognised the need of managers and entrepreneurs to obtain a formal business management qualification, but not necessarily an MBA. At the same time, USB also recognised the need of those who wanted to prepare themselves for access to an MBA in order to move to senior level positions.

This led to the design of the Postgraduate Diploma in Business Management and Administration (PGDip BMA), presented for the first time in 2015, and to its redesign in 2021 to you even more flexibility and to make it even easier for you to study while you work.

The joint design of the PGDip BMA and MBA at USB allows students to experience an unrivalled learning path when doing the two qualifications in succession. However, the PGDip BMA is also an exit-level qualification that will not leave the graduate who does not want to do the MBA feeling short-changed. The PGDip BMA’s unique focus on general management skills, innovation, entrepreneurship and responsible leadership makes this a meaningful qualification on the African continent.

This PGDip will provide you with a transformative learning experience to acquire the leadership skills, thinking frameworks and capabilities you need to find your way forward – regardless of whether you see your future self in an executive, managerial, specialist or entrepreneurial position.

Academic qualifications and other admission criteria

The following minimum admission criteria are applicable:

  • Academic qualifications: A three-year Bachelor’s degree or advanced diploma at NQF level 7, or higher.
  • Work experience: A minimum of 2 years of relevant full-time work experience (preferably at managerial level).
  • Selection test: SHL selection test (see below). This test is done online.
  • Essay: You need to write an essay (see below).
  • Additional documentation: A comprehensive CV indicating your work experience.
  • Highly recommended: Mathematics at NNS (Grade 12) level or equivalent; proficiency in English.

Note: International qualifications require a South African Qualifications Authority (SAQA) evaluation certificate to evaluate your degree according to South African standards. USB’s International Affairs Office will handle your credential evaluation free of charge. Please enquire at [email protected].

SHL selection test

You need to complete the SHL abilities selection test as part of your application process. The test consists of verbal, numerical and inductive reasoning tests that are used for selection, and identification of your development areas.

  • Duration: Approximately 1.5 hours.
  • Preparation: No preparation is required. You are encouraged to perform a practice test to familiarise yourself with the test format at: shl.com/shldirect/en-us/practice-tests/
  • How: The SHL test is online. You will be provided with a link after payment of the relevant fees.
  • When: You can only take the SHL test after starting your application because you will need a provisional student number. The link to the test is supplied after payment of the SHL selection test fee plus the PGDip BMA application fee.
  • Cost: For fees, please see usb.ac.za/pgdbma. See bank details under How to apply and use your provisional student number as reference.
  • Book: Contact USB on telephone 021 918 4239 or e-mail [email protected].
  • Additional information: shl.com/en/assessments/cognitive-ability/

Note: Your SHL test results form part of your application package. The results must therefore be available to the USB Admissions Office before the closing date for applications.

Write an essay

An essay of between 400 and 500 words on the topic outlined below is to be submitted in pdf format:

USB aspires to be a source of value for a better world. How are your career goals aligned with being a source of value for a better world, and how would this postgraduate programme assist you in achieving your short-term (2 to 3 years) and long-term (10 years) career goals?

 

Recognition of Prior Learning

USB provides wider access to its programmes through its Recognition of Prior Learning (RPL) process. In line with the requirements of the Council for Higher Education, USB may admit up to 10% of its student body under RPL. RPL candidates need to submit all the documentation and tests as required for all prospective students. In addition, prospective RPL candidates 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.

The RPL selection process entails the following:

  • USB’s Admissions Committee (programme head and another academic) will conduct an in-depth interview with the candidate.
  • If the Committee is of the opinion that the candidate has the ability 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.
  • Important: RPL candidates need to apply by 31 October to allow sufficient time for the assessment process.
  • Course
  • Fees
  • Structure & Content
  • Learning Philosophy
  • Admission Requirements
Course Overview
Course starts Beginning of 2022
Application closes 15 Nov (SA and international) | 31 Oct (RPL)

USB’s internationally accredited Postgraduate Diploma in Business Management and Administration (PGDip BMA) will help you unlock the skills you need to set up and run your own business or practice, or to prepare yourself for a managerial position. That is why it covers essential management skills such as business finance, marketing management, and entrepreneurship and innovation. It also includes a module on responsible leadership, and a module on understanding the world, which will give you the bigger picture in terms of the global, African and local ecosystems in which you operate. This PGDip can give you access to an MBA.

NEW! This PGDip has been redesigned to give you unrivalled flexibility. Among others, you can choose the format (blended learning or modular) and duration (1 year or 2 years), making it easier for you to study while you work. See how USB’s redesigned PGDips can benefit you.

ABOUT BLENDED LEARNING: The blended learning format enables you to attend class on campus or remotely via an internet-linked laptop. This means you will be able to immerse yourself in a premium learning experience from wherever you are in the world. We have been investing in this technology since 2015 and our lecturers are trained in the art of virtual facilitation and teaching. See how blended learning works at USB.

These are the dates for 2021. The dates for 2022 will be added once they have been finalised.

 

Application deadlines

South African applicants: 15 November each year (SHL and application deadline)
RPL applicants: 31 October each year
Applicants from (visa-exempt) SADC countries: 15 November each year
Applicants from rest of world: 15 November each year

Initial on-campus block
18 - 23 January 2021 (including orientation)
Thereafter
Every Wednesday evening from 16:00-20:15
Block 2
22 – 27 November 2021

The fees below are the tuition fees for 2021 (with fee relief incorporated). Programme fees for 2022 will be published once this information becomes available.

 

Total Provisional Quote
Students from South Africa R89 885 Download
Students from the Southern African Development Community
(SADC) countries
R94 385 Download
Students from the rest of Africa (non-SADC) R99 415 Download
Students from the rest of the world R127 915 Download
Deposit payable on acceptance of admission for 2021
Students from South Africa R13 060
Students from the SADC countries R50 395
Students from the rest of Africa (non-SADC) R53 450
Students from the rest of the world R53 450
Application fee for 2021
Application fee R850
SHL selection test
Applicable to all students R2 950

 

  • 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.

Overview

Foundation phase modules and specialisation phase modules

The modules of the PGDip BMA are split into a foundation phase (covering skills, frameworks and tools you can apply in any field of work) and a specialisation phase (programme-specific modules).

You need to do 4 of the following 7 foundation phase modules on offer:

  • Term 1: Understanding the World
  • Term 2: Responsible Leadership
  • Term 3: Thinking Frameworks OR Business Analytics OR Managing of Projects
  • Term 4: Organisational Behaviour OR Managing Risk and Uncertainty

You also need to do the 4 specialisation phase modules:

  • Term 1: Business Finance
  • Term 2: Marketing Management
  • Term 3: Business Process Management
  • Term 4: Entrepreneurship and Innovation

Choose between 2 formats: Blended learning and modular

  • Blended Learning classes: Late-afternoon classes once every week for those doing their PGDip over 1 year, or once every fortnight for those doing their PGDip over 2 years. The blended learning classes are presented online (and also on campus depending on Covid restrictions). Classes are presented on Tuesday afternoons from 16:00 till 20:15, and for some foundation modules on Wednesday or Thursday afternoons from 16:00 till 20:15. The online classes are presented synchronously with the on-campus classes. The flexibility of digital class attendance means minimum time away from work. The blended learning delivery option opens up access to students from elsewhere in South Africa, from other African countries and even further afield. This also lowers the opportunity cost to obtain this postgraduate diploma as you can attend all classes online.
  • Modular classes: Four full blocks of classes spread over the year if you are doing the 1-year PGDip (i.e. morning and afternoon classes from Monday to Friday), or four blocks of either morning or afternoon classes per year if you are doing the two-year PGDip (i.e. morning or afternoon classes from Monday to Friday). The modular classes are presented on campus, which translates into in-class experience and focused studies without work interruptions.

Choose between 2 duration options: 1 year or 2 years

1-year PGDip 2-year PGDip
Number of modules: 8 Number of modules: 8
Delivery mode for all modules (foundation and specialisation):

· Blended learning format: 1 late afternoon session per week for 40 weeks + 4 weeks of assessments

· Modular format: 4 full modular blocks spread over the year (i.e. mornings and afternoons)

Delivery of foundation modules in Year 1:

· Blended learning format: 1 late afternoon session once every second week

· Modular format: 4 block weeks per year with classes either in the morning or the afternoon

Delivery of specialisation modules in Year 2:

· Blended learning format: 1 late afternoon session once every second week

· Modular format: 4 block weeks per year with classes either in the morning or the afternoon

Notes:

· Each modular block runs from Monday to Friday, except the first modular block which runs from Monday to Saturday.

· Students who select the 2-year option will be able to pay their fees over 2 years.

USB recognised the need of managers and entrepreneurs to obtain a formal business management qualification, but not necessarily an MBA. At the same time, USB also recognised the need of those who wanted to prepare themselves for access to an MBA in order to move to senior level positions.

This led to the design of the Postgraduate Diploma in Business Management and Administration (PGDip BMA), presented for the first time in 2015, and to its redesign in 2021 to you even more flexibility and to make it even easier for you to study while you work.

The joint design of the PGDip BMA and MBA at USB allows students to experience an unrivalled learning path when doing the two qualifications in succession. However, the PGDip BMA is also an exit-level qualification that will not leave the graduate who does not want to do the MBA feeling short-changed. The PGDip BMA’s unique focus on general management skills, innovation, entrepreneurship and responsible leadership makes this a meaningful qualification on the African continent.

This PGDip will provide you with a transformative learning experience to acquire the leadership skills, thinking frameworks and capabilities you need to find your way forward – regardless of whether you see your future self in an executive, managerial, specialist or entrepreneurial position.

Academic qualifications and other admission criteria

The following minimum admission criteria are applicable:

  • Academic qualifications: A three-year Bachelor’s degree or advanced diploma at NQF level 7, or higher.
  • Work experience: A minimum of 2 years of relevant full-time work experience (preferably at managerial level).
  • Selection test: SHL selection test (see below). This test is done online.
  • Essay: You need to write an essay (see below).
  • Additional documentation: A comprehensive CV indicating your work experience.
  • Highly recommended: Mathematics at NNS (Grade 12) level or equivalent; proficiency in English.

Note: International qualifications require a South African Qualifications Authority (SAQA) evaluation certificate to evaluate your degree according to South African standards. USB’s International Affairs Office will handle your credential evaluation free of charge. Please enquire at [email protected].

SHL selection test

You need to complete the SHL abilities selection test as part of your application process. The test consists of verbal, numerical and inductive reasoning tests that are used for selection, and identification of your development areas.

  • Duration: Approximately 1.5 hours.
  • Preparation: No preparation is required. You are encouraged to perform a practice test to familiarise yourself with the test format at: shl.com/shldirect/en-us/practice-tests/
  • How: The SHL test is online. You will be provided with a link after payment of the relevant fees.
  • When: You can only take the SHL test after starting your application because you will need a provisional student number. The link to the test is supplied after payment of the SHL selection test fee plus the PGDip BMA application fee.
  • Cost: For fees, please see usb.ac.za/pgdbma. See bank details under How to apply and use your provisional student number as reference.
  • Book: Contact USB on telephone 021 918 4239 or e-mail [email protected].
  • Additional information: shl.com/en/assessments/cognitive-ability/

Note: Your SHL test results form part of your application package. The results must therefore be available to the USB Admissions Office before the closing date for applications.

Write an essay

An essay of between 400 and 500 words on the topic outlined below is to be submitted in pdf format:

USB aspires to be a source of value for a better world. How are your career goals aligned with being a source of value for a better world, and how would this postgraduate programme assist you in achieving your short-term (2 to 3 years) and long-term (10 years) career goals?

Recognition of Prior Learning

USB provides wider access to its programmes through its Recognition of Prior Learning (RPL) process. In line with the requirements of the Council for Higher Education, USB may admit up to 10% of its student body under RPL. RPL candidates need to submit all the documentation and tests as required for all prospective students. In addition, prospective RPL candidates 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.

The RPL selection process entails the following:

  • USB’s Admissions Committee (programme head and another academic) will conduct an in-depth interview with the candidate.
  • If the Committee is of the opinion that the candidate has the ability 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.
  • Important: RPL candidates need to apply by 31 October to allow sufficient time for the assessment process.

USB’s PGDip BMA – Ranked 2nd in Africa in the General Management category – Eduniversal

PROGRAMME HEAD
Tasneem Motala

Tasneem Motala is a senior lecturer in Operations Management and Process Innovation at USB. Her research interests include the impact of operational interventions (such as automation) on organisational behaviour, process optimisation, blue-collar employee motivation and service excellence. With a background in engineering, she brings a wealth of professional and practical experience to her teaching role. Prior to joining USB as a faculty member in 2016, she worked in the petrochemical industry for nine years. Here, she specialised in process control and optimisation. She holds a cum laude MBA from USB and a BSc in Chemical Engineering from the University of KwaZulu-Natal.

Programme Ambassadors

These programme ambassadors are current students and alumni who support prospective students in their new stage of life and share their personal experience about studying at USB.

albert brand BMA

Albert Brand 
Portfolio Optimisation Specialist at Jumo World

[email protected]

Apply for this course now!

  • Who should enrol?
  • What are the benefits?

Working professionals

  • Managers who wish to complete an MBA but who do not qualify for entry directly into a Master’s programme. Successful completion of the PGDip BMA at a particular standard (65% average) will allow entry into the MBA. Students who did not obtain 65% average are still welcome to apply for the MBA, but will be treated like any other applicant and will have to comply with the full set of admission requirements, including selection tests.
  • Entrepreneurs and managers who want to broaden their management skills, but who do not necessarily want to enrol for an MBA and/or who do not want to do research on MBA level.
  • Managers and leaders who work full-time, who cannot afford lengthy residency periods at USB, and/or who prefer to do most of their learning off-campus.

RPL candidates who wish to enrol for an MBA at USB

  • All Recognition of Prior Learning (RPL) candidates who do not have an NQF 6 qualification have to complete an appropriate Postgraduate Diploma before doing the MBA.

This is what you will gain from your studies:

  • Essential management skills: This PGDip covers the general skills you need to manage an organisational department or your own business. This includes responsible leadership, business finance, and business process management.
  • An entrepreneurial approach to business: This programme’s strong focus on entrepreneurship means you will acquire the skills to turn your ideas into a profitable business.
  • Responsible leadership skills: On the PGDip BMA, an entire module is dedicated to this.
  • Understanding context: You will also do a module on understanding the world. This will give you the bigger picture in terms of the global, African and local ecosystems in which you operate.
  • Gaining a global perspective with unique African contextualisation: The content of this programme is focused on Africa and those wishing to do business on the African continent. At the same time, you will gain a global perspective as a result of USB’s international accreditations, partnerships and cooperation initiatives.

Testimonials from our alumni

   

 

Rushana Hartnick, Current Student,

“This programme has inspired me to become a catalyst for change in the entrepreneurial sector of our country. It has encouraged me to become an effective leader and it challenges any traditional thinking.”

Cecilia van der Walt, PGDip in Business Management and Administration, Asset Finance Consultant, Bidvest Bank,

“The experience on USB’s PGDip in Business Management and Administration has already begun to transform my life. USB has made the transition from the office to the business school very pleasant. The networking on the programme is incredible.”

Deshan Raidoo, PGDip in Business Management and Administration, Plant Manager: Iron Making, ArcelorMittal South Africa,

“I enrolled for the PGDip in Business Management and Administration to gain insight into what the MBA entails as I would like to do my MBA as well. I cannot always attend the class sessions because I work on sites locally and internationally, but through the accessibility of learning, this programme allows me to continue with my education from anywhere in the world as long as I have internet connection.”

Phemelo Mitchell, 2015 PGDip in Business Management and Administration, Contracts Engineer, Actom: John Thompson,

FAQs

Yes, the Postgraduate Diploma in Business Administration provides access to our MBA. Graduates will get recognition for 32 credits (15%) on the MBA.

No. This learn-while-you-earn programme has two formats: a blended learning format which combines on-campus and online classes, and a modular format covered in five on-campus blocks over the year.​​

Students are assessed on an ongoing basis. The final performance mark is based on online assessments, individual and group assignments, class participation, simulations, class presentations and the analysis of case studies. The continuous assessment system implies that there is no opportunity to resubmit assignments to improve grades. Tests take place between block weeks (Modular MBA) or in between classes (Blended Learning MBA), and not during scheduled class times. Tests can be written on campus or via our secure proctoring service from any approved remote location.

All PGDip modules are assessed. Specific timeslots are allocated for assessments. A combination of assessments are used, which may include individual assignments, team assignments and individual tests.

Yes, but on a volunteer basis only. USB alumni offer to mentor students during their studies and to provide career or industry advice. This service is offered in association with USB’s Alumni Relations Office and Career Leadership Office.

Academic assistance is offered via a web-based learning environment, various software and database resources, small-team study groups, informal learning groups and tutorials for certain modules.

Being fully prepared for each class session is extremely important. This starts with the compulsory reading and completion of online work prior to the contact sessions on campus. When you make time available to spend with the learning material prior to each block you will not fall into a pattern of playing catch-up at the time. This will help you to enjoy your studies, contribute in class and succeed in your studies.

Yes, students can spread the payment of their fees:

  • Payment of full programme fees for South African students: Students pay a set deposit on admittance. Students on the 1-year PGDip can pay the full programme fees upon registration or they can pay 75% of the annual fees by the end of May and the balance of 25% by the end of September. Students on the 2-year PGDip can spread their payment over 2 years.
  • Payment of full programme fees for international students: International admitted students on the 1-year PGDip pay 50% of the annual fee as deposit. The remainder is due 2 weeks before commencement of the programme. International admitted students on the 2-year PGDip can spread their payment over 2 years.

The closing dates for each programme appear on the web page for that programme. In general, the closing dates for international applicants from non-SADC African countries and rest of world close approximately three months prior to the closing date for applicants from South Africa and (visa-exempt) SADC countries. 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 international students. RPL candidates (all programmes) need to apply by 31 October each year.

Yes. This PGDip has been redesigned with this flexibility in mind. This gives you options such as the following:

  • Duration flexibility: Study over 1 year or over 2 years.
  • Format flexibility: Attend classes online (blended learning) or on campus (modular).

If you choose the 1-year PGDip in the blended learning format, you will have 1 late afternoon session once a week. If you choose the 2-year PGDip in the blended learning format, you will have 1 late afternoon session once every fortnight. This means minimum time away from work. The blended-learning classes are delivered synchronously with the on-campus classes. If you opt for the blended-learning classes, you will be able to immerse yourself in a premium learning experience using an internet-linked laptop from wherever you are in the world.

If you choose the 1-year PGDip in the modular format, you will have 4 full modular blocks spread over the year (i.e. mornings and afternoons). If you choose the 2-year PGDip in the modular format, you will have 4 block weeks per year with classes either in the morning or the afternoon. These classes are presented on campus (unless Covid restrictions prevent this, in which case the classes will be presented online). The modular classes provide you with in-class experience and focused studies without work interruptions.

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Postgraduate Diploma in Development Finance​

Postgraduate Diploma in Development Finance​

Become a development finance practitioner and help Africa grow where it matters

  • Modular
  • Blended Learning
  • Course
  • Fees
  • Structure & Content
  • Learning Philosophy
  • Admission Requirements
Course Overview
Course starts Beginning of 2022
Application closes 30 Nov (SA) | 31 Oct (international + RPL)

USB’s internationally accredited Postgraduate Diploma in Development Finance (PGDip DevFin) is particularly suited to help you unlock the skills needed to develop Africa where it matters. It will help you to design and implement African-driven solutions, and show you how to shape the policies and programmes to make this happen. You will also be exposed to skills that are critical for Africa’s future – such as responsible leadership, the management of risk and uncertainty, and the management of projects.

Growth initiatives in this context range from roads and energy plants to dams, schools, houses, hospitals, telecommunication infrastructure and small and medium-sized businesses.

Although the content of this programme is focused on Africa, the know-how acquired can be applied in any developing country. Over the past five years, students from over 18 countries attended the programme.

This qualification will enable you to work in development finance environments in both the public and private sectors. This PGDip can give you access to the MPhil in Development Finance, MBA (generalist and Project Management streams), and MPhil in Management Coaching.

NEW! This PGDip has been redesigned to give you unrivalled flexibility. Among others, you can choose the format (blended learning or modular) and duration (1 year or 2 years), making it easier for you to study while you work. See how USB’s redesigned PGDips can benefit you.

The dates for 2022 will be added once they have been finalised.

 

Application deadlines

South African applicants: 30 November

RPL applicants: 31 October

Applicants from (visa-exempt) SADC countries: 31 October

Applicants from the rest of the world: 31 October

The fees below are the tuition fees for 2021. Programme fees for 2022 will be published once this information becomes available.

Programme fees for 2021 Total Provisional Quote
Students from South Africa R115 830 Download
Students from the Southern African Development Community
(SADC) countries
R120 330 Download
Students from the rest of Africa (non-SADC) R125 360 Download
Students from the rest of the world R153 860 Download
Deposit payable on acceptance of admission for 2021
Students from South Africa R13 060
Students from the Southern African Development Community
(SADC) countries
R60 165
Students from the rest of Africa (non-SADC) R62 680
Students from the rest of the world R76 390
Application fee for 2021
Application fee (non-refundable; applicable to all students) R850
  • 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.

Overview

Foundation phase modules and specialisation phase modules

The modules of the PGDip DevFin are split into a foundation phase (covering skills, frameworks and tools you can apply in any field of work) and a specialisation phase (programme-specific modules).

You need to do these 4 foundation phase modules:

  • Term 1: Understanding the World
  • Term 2: Responsible Leadership
  • Term 3: Managing of Projects
  • Term 4: Managing Risk and Uncertainty

 

You also need to do the 4 specialisation phase modules:

  • Term 1: Financing for Development
  • Term 2: Financial Analysis and Project Appraisal
  • Term 3: Financing Public Sector Projects
  • Term 4: M&E of Development Projects

 

Choose between 2 formats: Blended learning and modular

  • Blended Learning classes: Late-afternoon classes once every week for those doing their PGDip over 1 year, or once every fortnight for those doing their PGDip over 2 years. The blended learning classes are presented online (and also on campus depending on Covid restrictions). Classes are presented on Tuesday afternoons from 16:00 till 20:15, and for some foundation modules on Wednesday or Thursday afternoons from 16:00 till 20:15. The online classes are presented synchronously with the on-campus classes. The flexibility of digital class attendance means minimum time away from work. The blended learning delivery option opens up access to students from elsewhere in South Africa, from other African countries and even further afield. This also lowers the opportunity cost to obtain this PGDip as you can attend all classes online.
  • Modular classes: Four full blocks of classes spread over the year if you are doing the 1-year PGDip (i.e. morning and afternoon classes from Monday to Friday), or four blocks of either morning or afternoon classes per year if you are doing the two-year PGDip (i.e. morning or afternoon classes from Monday to Friday). The modular classes are presented on campus, which translates into in-class experience and focused studies without work interruptions.

Choose between 2 duration options: 1 year or 2 years

1-year PGDip

2-year PGDip

Number of modules: 8 Number of modules: 8
Delivery mode for all modules (foundation and specialisation):

  • Blended learning format: 1 late afternoon session per week for 40 weeks + 4 weeks of assessments
  • Modular format: 4 full modular blocks spread over the year (i.e. mornings and afternoons)
Delivery of foundation modules in Year 1:

  • Blended learning format: 1 late afternoon session once every second week
  • Modular format: 4 block weeks per year with classes either in the morning or the afternoon

Delivery of specialisation modules in Year 2:

  • Blended learning format: 1 late afternoon session once every second week
  • Modular format: 4 block weeks per year with classes either in the morning or the afternoon
Notes:

  • Each modular block runs from Monday to Friday, except the first modular block which runs from Monday to Saturday.
  • Students who select the 2-year option will be able to pay their fees over 2 years.

This programme provides skills to managers in the development finance environment to enable them implement and manage the design and financing of interventions that will help to grow South Africa as well as the greater Africa. The programme therefore equips entry-level to mid-level managers with the know-how to:

  • Provide financial and operational input in terms of development finance issues
  • Identify development projects or policies
  • Contribute to the design and implementation of structured policies and interventions to finance development needs, especially in Africa.

The value of this programme also lies in the integration of theory and practice, and in global business knowledge with African contextualisation. Students are provided with comprehensive support throughout the programme.

Academic qualifications and other admission criteria
The following minimum admission criteria are applicable:

  • Academic qualifications: A Bachelor’s degree in Economics, Finance, Accounting, Commerce or Management OR any other 3-year Bachelor’s degree with at least 2 years of relevant experience OR recognition of prior learning.
  • Selection test: SHL selection test. This test is done online.
  • Essay: You need to write an essay.
  • Additional documentation: A comprehensive CV indicating your work experience.
  • Highly recommended: Proficiency in English.

Note: International qualifications require a South African Qualifications Authority (SAQA) evaluation certificate to evaluate your degree according to South African standards. USB’s International Affairs Office will handle your credential evaluation free of charge. Please enquire at [email protected].

SHL selection test

You need to complete the SHL abilities selection test as part of your application process. The test consists of verbal, numerical and inductive reasoning tests that are used for selection, and identification of your development areas.

  • Duration: Approximately 1.5 hours.
  • Preparation: No preparation is required. You are encouraged to perform a practice test to familiarise yourself with the test format at: shl.com/shldirect/en-us/practice-tests/
  • How: The SHL test is online. You will be provided with a link after payment of the relevant fees.
  • When: You can only take the SHL test after starting your application because you will need a provisional student number. The link to the test is supplied after payment of the SHL selection test fee plus the PGDip in Development Finance application fee.
  • Cost: For fees, please see usb.ac.za/pgddevfin. See bank details under How to apply and use your provisional student number as reference.
  • Book: Contact USB on telephone 021 918 4239 or e-mail [email protected].
  • Additional information: shl.com/en/assessments/cognitive-ability/

Write an essay
An essay of between 400 and 500 words on the topic outlined below is to be submitted in pdf format:

USB aspires to be a source of value for a better world. How are your career goals aligned with being a source of value for a better world, and how would this postgraduate programme assist you in achieving your short-term (2 to 3 years) and long-term (10 years) career goals?

Recognition of prior learning
USB provides wider access to its programmes through its Recognition of Prior Learning (RPL) process. In line with the requirements of the Council for Higher Education (CHE), USB may admit up to 10% of its student body under RPL. 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 RPL 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 (all school and academic certificates are required)
  • 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.

The RPL selection process entails the following:

  • USB’s Admissions Committee (programme head and another academic) will conduct an in-depth interview with the candidate.
  • If the Committee is of the opinion that the candidate has the ability 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.
  • Important: RPL candidates need to apply by 31 October to allow sufficient time for the assessment process.
  • Course
  • Fees
  • Structure & Content
  • Learning Philosophy
  • Admission Requirements
Course Overview
Course starts Beginning of 2022
Application closes 30 Nov (SA) | 31 Oct (international + RPL)

USB’s internationally accredited Postgraduate Diploma in Development Finance (PGDip DevFin) is particularly suited to help you unlock the skills needed to develop Africa where it matters. It will help you to design and implement African-driven solutions, and show you how to shape the policies and programmes to make this happen. You will also be exposed to skills that are critical for Africa’s future – such as responsible leadership, the management of risk and uncertainty, and the management of projects.

Growth initiatives in this context range from roads and energy plants to dams, schools, houses, hospitals, telecommunication infrastructure and small and medium-sized businesses.

Although the content of this programme is focused on Africa, the know-how acquired can be applied in any developing country. Over the past five years, students from over 18 countries attended the programme.

This qualification will enable you to work in development finance environments in both the public and private sectors. This PGDip can give you access to the MPhil in Development Finance, MBA (generalist and Project Management streams), and MPhil in Management Coaching.

NEW! This PGDip has been redesigned to give you unrivalled flexibility. Among others, you can choose the format (blended learning or modular) and duration (1 year or 2 years), making it easier for you to study while you work. See how USB’s redesigned PGDips can benefit you.

ABOUT BLENDED LEARNING: The blended learning format enables you to attend class on campus or remotely via an internet-linked laptop. This means you will be able to immerse yourself in a premium learning experience from wherever you are in the world. We have been investing in this technology since 2015 and our lecturers are trained in the art of virtual facilitation and teaching. See how blended learning works at USB.

These are the dates for 2021. The dates for 2022 will be added once they have been finalised.

 

Application deadlines

  • South African applicants: 30 November
  • RPL applicants: 31 October
  • Applicants from (visa-exempt) SADC countries: 31 October
  • Applicants from the rest of the world: 31 October
Block 1
15 – 19 February (Virtual orientation on Monday (full day) and lectures from Tuesday to Friday from 16:00-20:15)
Thereafter
Every Tuesday evening blended from 16:00-20:15 commencing 23 February
Block 2
22 - 27 November (on campus) - elective week

The fees below are the tuition fees for 2021. Programme fees for 2022 will be published once this information becomes available.

Programme fees for 2021 Total Provisional Quote
Students from South Africa R115 830 Download
Students from the Southern African Development Community
(SADC) countries
R120 330 Download
Students from the rest of Africa (non-SADC) R125 360 Download
Students from the rest of the world R153 860 Download
Deposit payable on acceptance of admission for 2021
Students from South Africa R13 060
Students from the Southern African Development Community
(SADC) countries
R60 165
Students from the rest of Africa (non-SADC) R62 680
Students from the rest of the world R76 390
Application fee for 2021
Application fee (non-refundable; applicable to all students) R850
  • 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.

Overview

Foundation phase modules and specialisation phase modules

The modules of the PGDip DevFin are split into a foundation phase (covering skills, frameworks and tools you can apply in any field of work) and a specialisation phase (programme-specific modules).

You need to do these 4 foundation phase modules:

  • Term 1: Understanding the World
  • Term 2: Responsible Leadership
  • Term 3: Managing of Projects
  • Term 4: Managing Risk and Uncertainty

 

You also need to do the 4 specialisation phase modules:

  • Term 1: Financing for Development
  • Term 2: Financial Analysis and Project Appraisal
  • Term 3: Financing Public Sector Projects
  • Term 4: M&E of Development Projects

 

Choose between 2 formats: Blended learning and modular

  • Blended Learning classes: Late-afternoon classes once every week for those doing their PGDip over 1 year, or once every fortnight for those doing their PGDip over 2 years. The blended learning classes are presented online (and also on campus depending on Covid restrictions). Classes are presented on Tuesday afternoons from 16:00 till 20:15, and for some foundation modules on Wednesday or Thursday afternoons from 16:00 till 20:15. The online classes are presented synchronously with the on-campus classes. The flexibility of digital class attendance means minimum time away from work. The blended learning delivery option opens up access to students from elsewhere in South Africa, from other African countries and even further afield. This also lowers the opportunity cost to obtain this PGDip as you can attend all classes online.
  • Modular classes: Four full blocks of classes spread over the year if you are doing the 1-year PGDip (i.e. morning and afternoon classes from Monday to Friday), or four blocks of either morning or afternoon classes per year if you are doing the two-year PGDip (i.e. morning or afternoon classes from Monday to Friday). The modular classes are presented on campus, which translates into in-class experience and focused studies without work interruptions.

Choose between 2 duration options: 1 year or 2 years

1-year PGDip

2-year PGDip

Number of modules: 8 Number of modules: 8
Delivery mode for all modules (foundation and specialisation):

  • Blended learning format: 1 late afternoon session per week for 40 weeks + 4 weeks of assessments
  • Modular format: 4 full modular blocks spread over the year (i.e. mornings and afternoons)
Delivery of foundation modules in Year 1:

  • Blended learning format: 1 late afternoon session once every second week
  • Modular format: 4 block weeks per year with classes either in the morning or the afternoon

Delivery of specialisation modules in Year 2:

  • Blended learning format: 1 late afternoon session once every second week
  • Modular format: 4 block weeks per year with classes either in the morning or the afternoon
Notes:

  • Each modular block runs from Monday to Friday, except the first modular block which runs from Monday to Saturday.
  • Students who select the 2-year option will be able to pay their fees over 2 years.

This programme provides skills to managers in the development finance environment to enable them implement and manage the design and financing of interventions that will help to grow South Africa as well as the greater Africa. The programme therefore equips entry-level to mid-level managers with the know-how to:

  • Provide financial and operational input in terms of development finance issues
  • Identify development projects or policies
  • Contribute to the design and implementation of structured policies and interventions to finance development needs, especially in Africa.

The value of this programme also lies in the integration of theory and practice, and in global business knowledge with African contextualisation. Students are provided with comprehensive support throughout the programme.

Academic qualifications and other admission criteria
The following minimum admission criteria are applicable:

  • Academic qualifications: A Bachelor’s degree in Economics, Finance, Accounting, Commerce or Management OR any other 3-year Bachelor’s degree with at least 2 years of relevant experience OR recognition of prior learning.
  • Selection test: SHL selection test. This test is done online.
  • Essay: You need to write an essay.
  • Additional documentation: A comprehensive CV indicating your work experience.
  • Highly recommended: Proficiency in English.

Note: International qualifications require a South African Qualifications Authority (SAQA) evaluation certificate to evaluate your degree according to South African standards. USB’s International Affairs Office will handle your credential evaluation free of charge. Please enquire at [email protected].

SHL selection test

You need to complete the SHL abilities selection test as part of your application process. The test consists of verbal, numerical and inductive reasoning tests that are used for selection, and identification of your development areas.

  • Duration: Approximately 1.5 hours.
  • Preparation: No preparation is required. You are encouraged to perform a practice test to familiarise yourself with the test format at: shl.com/shldirect/en-us/practice-tests/
  • How: The SHL test is online. You will be provided with a link after payment of the relevant fees.
  • When: You can only take the SHL test after starting your application because you will need a provisional student number. The link to the test is supplied after payment of the SHL selection test fee plus the PGDip in Development Finance application fee.
  • Cost: For fees, please see usb.ac.za/pgddevfin. See bank details under How to apply and use your provisional student number as reference.
  • Book: Contact USB on telephone 021 918 4239 or e-mail [email protected].
  • Additional information: shl.com/en/assessments/cognitive-ability/

Write an essay
An essay of between 400 and 500 words on the topic outlined below is to be submitted in pdf format:

USB aspires to be a source of value for a better world. How are your career goals aligned with being a source of value for a better world, and how would this postgraduate programme assist you in achieving your short-term (2 to 3 years) and long-term (10 years) career goals?

Recognition of prior learning
USB provides wider access to its programmes through its Recognition of Prior Learning (RPL) process. In line with the requirements of the Council for Higher Education (CHE), USB may admit up to 10% of its student body under RPL. 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 RPL 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 (all school and academic certificates are required)
  • 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.

The RPL selection process entails the following:

  • USB’s Admissions Committee (programme head and another academic) will conduct an in-depth interview with the candidate.
  • If the Committee is of the opinion that the candidate has the ability 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.
  • Important: RPL candidates need to apply by 31 October to allow sufficient time for the assessment process.
PROGRAMME HEAD
Prof Meshach Aziakpono

Prof Meshach Aziakpono has a special interest in economic and financial integration, financial sector development in Africa, development finance, economic and financial modelling, and applied econometrics. He shares his research by publishing articles in journals and presenting papers at local and global conferences. He holds a PhD in Economics from the University of Free State.

Programme Ambassadors

These programme ambassadors are current students and alumni who support prospective students in their new stage of life and share their personal experience about studying at USB.

Ronel-Sindo

Ronel Sindo
Manager: Client Services at Futuregrowth Asset Management

[email protected]

MBA Graduates USB
  • Who should enrol?
  • What will you gain?

If you are an entry-level or mid-level manager who is interested in a career in development finance, this is the programme you should consider. Graduates typically work in the financial services industry, public institutions, banks, companies or corporates.

  • Help Africa to grow sustainably: This PGDip will enable you to work in the development finance environment and to implement and manage the design and financing of interventions aimed at growth in South Africa as well as the greater Africa.
  • Provide financial and operational input in terms of development finance issues: You will be able to analyse the structure of African economies and the role of financial markets in development.
  • Shape development projects and policies: You will be able to identify development projects or policies, and contribute to the design and implementation of policies and interventions to finance development needs.
  • Provide input for reports: You will be able to write analytical position papers, which is important for policy implementation and research in development finance.
  • Build valuable networks: The 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.
  • Responsible leadership skills: On this PGDip, an entire module is dedicated to your development as a responsible leader.
  • Understanding context: You will also do a module on understanding the world. This will give you the bigger picture in terms of the global, African and local ecosystems in which you operate.

 

Testimonials from our alumni

‘This programme opened my eyes to our role as Africans in achieving development and access to finance and wealth creation for our generation and generations to come. Diverse experiences and expertise in class made learning more interesting and it created a lifelong network for me. This PGDip has changed my life. I now live with a vision for development.’

Mphumleli Dyushu, PGDip in Development Finance, Director: Planning and Reporting, Department of Rural Development and Agrarian Reform,

‘USB’s PGDip in Development Finance has made me realise the huge gap that African countries have with regard to financial stability and development. We as Africans need to identify innovative ways to finance and grow development. USB’s PGDip in Development Finance helps us with this.’

Chris Peters, PGDip in Development Finance, Post Investment Manager, Small Enterprise Finance Agency, East London,

‘As a young South African woman, I have a role in the development of this continent that I call home. This programme has allowed me to fulfil this role.’

Ritsep Mataboge, PGDip in Development Finance, Manager, Commercial Banking Rest of Africa, Standard Bank, Johannesburg ,

FAQs

Not necessarily. You need a relevant Bachelor’s degree with 2+ years working experience in order to be considered.

Yes. South African students must pay a set deposit on admittance. 75% of the annual fee is payable by the end of May and the balance of 25% by the end of September. International admitted students pay 50% of the annual fee as deposit. The remainder is due two weeks before commencement of the programme.

Stellenbosch University’s main campus will be in a position to provide you with more information:
http://www0.sun.ac.za/pgstudies/postgraduate-funding-and-support.html

The closing dates for each programme appear on the web page for that programme. In general, the closing dates for international applicants from non-SADC African countries and rest of world close approximately three months prior to the closing date for applicants from South Africa and (visa-exempt) SADC countries. 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 international students. RPL candidates (all programmes) need to apply by 30 October each year. Late applications after the closing dates will only be considered in exceptional circumstances.

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