University Of Stellenbosch PhD in Development Finance
The PhD in Development Finance offered by Stellenbosch Business School is a distinguished program designed for those looking to make a significant contribution to the understanding and advancement of development finance, particularly in the context of South Africa and Africa. This program is notable for being the first of its kind on the African continent and offers several key features:
Program Highlights:
International Accreditation: Recognized globally, adding value and recognition to your qualification.
Focus on African Development: Emphasizes knowledge creation relevant to African organizations, aligning with the social responsibility of strengthening the continent.
Global Networking Opportunities: Membership in EDAMBA and the GRLI’s Global Doctoral Alliance provides a global platform for information exchange and networking.
Year 1 Coursework: Initial coursework on campus for two blocks of two weeks each, covering advanced research techniques and development finance theory.
Research Phase: From Year 2 onwards, the program is focused on supervised research, leading to a PhD thesis.
Program Structure: Combination of coursework in the first year followed by intensive research.
Program Duration: Minimum of 2 years, with an extension based on the research phase.
Admission Requirements:
Master’s Degree: In Development Finance, Economics, Finance, or a related field with an average grade of at least 65%.
Quantitative Background: A strong background in quantitative methods is required.
SHL Selection Test: Applicants must complete the SHL abilities selection test, including assessments in critical reasoning and behavioural preferences.
Career Prospects:
Policy-Making Positions: Ideal for senior roles in policy-making institutions, government, and public and private corporations.
International Organizations: Suitable for positions in financial institutions and international bodies.
Supporting Sustainable Development Goals: Contributes to the achievement of SDGs in developing countries.
Fees and Financial Support:
Tuition Fees: Detailed fee structure for different categories (SA, SADC, and international students).
Scholarships: Competitive scholarships for full-time students.
Financial Support: Assistance for conference presentations, workshops, and research activities.
Employment Opportunities: Possibility of employment within Stellenbosch Business School for qualified PhD students.
Application Process:
Deadline: Applications close on 31 July each year.
How to Apply: Prospective students should complete the application process, including the submission of required documents and completion of the SHL selection test.
This PhD program is tailored for those seeking to develop in-depth expertise in development finance and who aspire to influence the growth and development of Africa through their research and professional endeavors.
The SHL Selection Test
The SHL selection test is a critical component of the application process for the PhD Development Finance at Stellenbosch Business School. This test assesses various cognitive and behavioral aspects and is used for selection and identifying development areas.
Key Aspects of the SHL Test:
Components: Includes verbal critical reasoning, numerical critical reasoning, inductive reasoning, and an Occupational Personality Questionnaire (OPQ) on behavioral preferences.
Duration: Approximately 3 hours.
Preparation: No specific preparation is needed, but practice tests are recommended. Practice tests are available at shl.com/shldirect/en-us/practice-tests/.
Format: The test is conducted online. Random verification may be requested.
Cost: Detailed in the program’s fees table. Fees are non-refundable and must be paid online.
Access to Test: A link to the test is provided after the application fee and SHL selection test fee have been paid, and the application form is submitted with a provisional student number.
Validity: The SHL selection test is valid for 18 months. If your results are older, a retest is advisable to reflect current capabilities.
Application Process for the PhD Program:
Online Application: Complete the application form online, ensuring all sections are filled.
Supporting Documents: Upload necessary documents, including ID/passport, academic records, degree certificates, CV, motivational essay, list of publications, and dissertation pre-proposal.
Consent Form: Complete and upload a consent form for qualification verification.
Payment: Application fees can be paid online using the provided bank details.
Assessment and Additional Requirements:
Assessment: The application package, including the dissertation pre-proposal, is reviewed by the Doctoral Committee and a provisional promoter.
Motivational Essay: A 250-word essay outlining academic/professional achievements, educational goals, and additional pertinent information.
CV Requirements: Must include details of studies, research experience, activities post-master’s degree, and two references.
Application Deadlines: The deadline for applications is July 31st each year.
International Students:
SAQA Evaluation: International students require a SAQA evaluation certificate for their degrees.
Study Permits: International students must obtain a study visa and should start the application process early.
Contact Information for Further Enquiries:
Program Enquiries: Contact Henry Booysen at +27 (0) 21 918 4243 or email phd.usb@usb.ac.za.
Admission and Registration Enquiries: Contact Marissa Groenewald at +27 (0) 21 918 4114 or email maris@sun.ac.za.
This PhD program is an excellent opportunity for those seeking to specialize in development finance and make significant contributions to the growth and development of Africa. The rigorous application process, including the SHL test, ensures that candidates are well-prepared and suited for this advanced level of study.
