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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.

Application have closed. This programme is no​w fully subscribed.

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​​​