Development finance has the power to address critical issues in emerging market economies.

The UCT GSB Postgraduate Diploma in Development Finance provides a comprehensive overview of:

  • trade finance
  • banking and finance in emerging markets
  • public-private partnerships
  • environmental finance and sustainability
  • risk management in development finance institutions.

The programme is accredited by the Chartered Institute of Development Finance (CIDEF) and will provide valuable credits for students who want to attain full professional membership of CIDEF.

Application & Course fees are provisional for 2022, and are subject to annual UCT council approval


Learn more about the annual term dates for the UCT GSB PGDip in Development Finance programme.

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The UCT GSB PGDip in Development Finance comprises five compulsory courses over a 5 month period. Learn more about the UCT GSB PGDip in Development Finance.

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Learn more about which attributes and qualifications are required for the UCT GSB PGDip in Development Finance.

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A step-by-step guide on how to apply for the UCT GSB PGDip in Development Finance programme.

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The UCT GSB PGDip in Development Finance curriculum is made up of five compulsory courses. Read more on the Postgraduate Diploma in Development Finance courses.

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The UCT GSB is committed to broadening access to postgraduate education through funding and scholarship opportunities. Explore funding options available to PGDip candidates.

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Our teaching, learning and research is directed towards building a more economically prosperous, equitable and integrated continent

Teaching on the Postgraduate Diploma in Development Finance draws heavily on case study analysis with minimal exploration of theoretical concepts.

 It provides those who work in, or are intending to work in, development finance institutions or support organisations, government or the financial sector a thorough understanding of the field. 


You will benefit from the PGDip in Development Finance if you:

  • Are a graduate of a commerce-related degree and are looking to enter the development finance field
  • Work in various areas of government such as finance, policy or commerce
  • Work in an NGO
  • Are interested in the UCT GSB MCom in Development Finance but do not have the requisite four-year honours degree

The first block of the programme is intensive and immersive. Four of the five compulsory courses will be completed. Students will then be required to submit separate assignments for each course before the second block starts. In addition, they will be required to sit for exams before the start of the second block.  

Once you graduate from the UCT GSB you will join our alumni network which is a dynamic forum that comprises more than 23 000 past UCT GSB students in 68 countries worldwide. Many of the UCT GSB’s alumni hold key positions in top companies or have started their own successful businesses. Alumni play a vital role in supporting and encouraging more recent graduates to follow in their footsteps and UCT GSB students who find employment after graduation - particularly internationally - frequently do so through alumni contacts.

Faculty: Nicholas B



Professor Nicholas Biekpe is a Professor of Development Finance & Econometrics & Programme Director for the UCT GSB's Master of Commerce in Development Finance (MCom) and Postgraduate Diploma in Development Finance degree programmes.

Ideas Exchange

Nicholas Biekpe All eyes on DFIs as Africa
Emerging Market Business

All eyes on DFIs as Africa looks to economic recovery

DFIs can be the catalysts for a stronger and more inclusive continent, but they need to expand their remit to include a focus on SMEs as a key priority.

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Posted on 14 May 2021 by Nicholas Biekpe
mundia mundia - media
Emerging Market Business

The role of development finance in rebuilding South Africa’s economy post-COVID-19

The global COVID-19 pandemic has set back developing countries especially, but it also offers an opportunity to rethink their development path.

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Posted on 15 June 2020 by Mundia Kabinga
Why downgrading countries - Media

Coronavirus - an excuse to downgrade African countries deep into junk

A number of rating agencies have downgraded emerging market economies during the COVID-19 pandemic. Their actions have raised the question: why do so during a crisis?

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Posted on 3 May 2020 by Misheck Mutize
Three winning ways to tackle MEDIA
Emerging Market Business

Three winning ways to tackle youth unemployment through development finance

Development finance is an underutilised tool that can be directed towards tackling South Africa’s unacceptably high youth unemployment beyond the remit of mainstream finance.

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Posted on 1 June 2019 by Xolisa Dhlamini
Emerging Market Business

Development Finance Institutions (DFIs) can lead SA’s economic recovery

While government has identified DFIs as a key partner in delivering an economic turnaround — these institutions lack capacity and resources to do their jobs effectively. Fixing this will be a necessity.

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Posted on 4 November 2018 by Nicholas Biekpe



PGDIP Development Finance Info Session Webinar

 04 November 2021
 13:00 (GMT+2)

?Join us for an information session webinar about the UCT GSB's Post Graduate Diploma in Development Finance (PGDip Dev Fin).

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