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MPhil in Development Finance (MDevF)​


The MPhil in Development Finance (MDevF) covers all aspects of development finance, including a thorough understanding of the theories underpinning development finance practices. It also focuses on enterprise-level development finance and sustainable growth. This makes the MDevF a cri​tical-skills degree for Africa.

It is aimed at people who are involved with finance and financial                               management issues in developing countries.

Applications for 2019 will open during June this year. If you want us to keep you posted on the dates, fees and other details as these become available, simply download the comprehensive brochure. This will enable us to contact you via your e-mail address.

Learning philosophy

Implementing African-driven solutions is the new approach to the economic development of the African continent. With this qualification participants will be able to:

  • Use specialised knowledge to develop Africa where it matters
  • Contribute towards sustainable development
  • Implement Africa-driven solutions
  • Shape finance policies and programmes
  • Conduct in-depth research
  • Understand the key role of DFIs and financial institutions


Study while you work

The MDevF is a 2-year modular programme, which means that you have to attend 3 blocks of 2 weeks each on the USB campus in Bellville, Cape Town. Off-campus you have to complete a research assignment. This enables students from all over South Africa and other countries to attend – even when working full-time.



Find out about the fee structure

Apply online


This is how the application process works​

Applications hav​e closed. This programme is now fully subscribed.​

Important dates​

First intake:
  • 26 February – 10 March 2018
  • 27 August – 8 September 2018
Second intake:
  • 9 – 21 April 2018
  • 1 – 13 October 2018





USB's presence in Africa

USB has representatives in Lagos in Nigeria and Nairobi in Kenya for the convenience of students from East Africa and West Africa.


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Download brochure​​​