MPhil Development Finance
The M Phil in Development Finance Programme is housed within the School of Economics Development and Tourism at the Nelson Mandela University. The School comprises of three academic departments. The Department of Economics, the Department of Development Studies and the Department of Tourism.
The M Phil in Development Finance provides a broad unique platform for postgraduate research and training in the fields of development finance, in developing and transitional economies. It is especially designed to equip government employees at central, provincial and municipal levels as well as parastatal, NGO and private sector employees in development finance institutions with the knowledge, competencies and ethical value systems required in the field of development finance.
In addition it is designed for students to combine academic potential with first-hand developing country experience.
The M Phil in Development Finance encourages students to reflect upon and deepen their knowledge, innovation and practice through an inter-disciplinary perspective. The course has an applied approach. Students are provided with structured opportunities for study, dialogue, application and critical reflection. A wide range of teaching methods are employed to vary the learning experience. These include lectures and seminars, workshops, project-work in small groups and the use of videos. Supervision is offered in small groups and individually.
Intakes
- Jan
Application Processing Time in Days: 10
Minimum English Language Requirements
English Level Description | IELTS (1.0 -9.0) | TOEFL IBT (0-120) | TOEFL CBT (0-300) | PTE (10-90) | |
---|---|---|---|---|---|
Expert | 9 | 120 | 297-300 | 86-90 | |
Very Good | 8.5 | 115-119 | 280-293 | 83-86 | |
Very Good | 8 | 110-114 | 270-280 | 79-83 | |
Good | 7.5 | 102-109 | 253-267 | 73-79 | |
Good | 7 | 94-101 | 240-253 | 65-73 | |
Competent | 6.5 | 79-93 | 213-233 | 58-65 | |
Competent | 6 | 60-78 | 170-210 | 50-58 | |
Modest | 5.5 | 46-59 | 133-210 | 43-50 | |
Modest | 5 | 35-45 | 107-133 | 36-43 | |
Limited | 4 | 32-34 | 97-103 | 30-36 | |
Extremely Limited | < 4 | < 31 | < 93 | < 30 |
Admission Requirement / Eligibility Criteria
The medium of instruction and examination at the NMMU is English.
Applicants from non-English speaking countries are required to submit proof of English proficiency before registration. The TOEFL or IELTS tests, available in most countries, are acceptable proof.
IELTS – 6.5 overall score with a minimum of 6 in each section.
TOEFL: PBT – 580 overall with minimums of 53 in listening, 52 in reading and 59 in structure/written
CBT – 237 overall with minimums of 19 in listening, 19 in reading and 25 in structure/written
IBT – 90 overall with minimums of 18 in listening, 17 in reading 22 in writing and 19 in speaking
- Course Type: Full Time
- Course Level: Masters/PG Degree
- Duration: 01 Year
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Total Tuition Fee:
40010 ZAR
Annual Cost of Living: 35000 ZAR
Application Fee: 500 ZAR
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