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MCom in Development Finance


The Master of Commerce Degree in Development Finance is designed to develop people and institutions that can help provide optimum financial outcomes that enhance the design and implementation of reforms and capacity-building programs adopted by development finance institutions, governments, the private sector, NGOs and the wider emerging markets.

While Development Finance is typically known for its use by people working in development finance and other related institutions, it is also widely used by people in other banking and financial services institutions. It provides the expertise to start initial investments that act as the right catalyst, and demonstrate that enterprises can thrive in economically challenging markets. It is also used to ensure that funds channelled through development projects provide sustainable outcomes that can sustain the development agendas of developing countries.   

Why this Degree?

As a professional discipline, Development Finance is widely practiced today by all central governments; major development finance institutions including the World Bank, the IMF, the UN; as well as public and private sector organisations, international foundations and NGOs.

However there is a shortage of Development Finance experts in Africa, where the expertise is needed most. It's for this reason the University of Cape Town’s Graduate School of Business (GSB), has partnered with Africagrowth Institute (AGI), to create the Master of Commerce Degree in Development Finance.

The MCom (Development Finance) programme aims to ensure that Africa produces enough development finance experts to meet the growing needs of the growing continent.

Who Should Apply?

  • Development Finance Practitioners
  • Civil Servants
  • Staff of Development Finance Institutions
  • Staff of Other Financial Institutions
  • Entrepreneurs
  • Staff of NGOs
  • Staff in the Private Sector

Duration of Degree

The degree is offered as a 2-year modular programme.  A first intensive modular (2 weeks) period takes place in the period March/April of the first year.  A second intensive modular period (2 weeks) is organized in August of the first year. The second year an intensive modular period takes place in February. The rest of the year is dedicated to the writing of the compulsory research report.