CACH helping matriculants with admission to tertiary

CACH provides matriculants a second chance to gain entrance into institutions of higher learning. image: GCIS Vuk’uzenzele.

Pioneering new master’s course on insolvency and business rescue

The University of Pretoria is offering a new master’s course on insolvency and business rescue that combines modules from business and law.

CACH helping matriculants with admission to tertiary

CACH provides matriculants a second chance to gain entrance into institutions of higher learning. image: GCIS Vuk’uzenzele.

Prospective candidates have until 31 March to apply for the University of Pretoria’s newest master’s course.

The UP’s new master’s programme is the first cross-disciplinary degree in South Africa that addresses insolvency and related issues in this country.

ABOUT THE MASTER’S COURSE

The university’s Faculty of Economic and Management Sciences (EMS), with UP’s Faculty of Law, launched the new degree in insolvency and business rescue. This master’s course aimed at professionals who want to further their studies while still working at their respective organisations. 

“The insolvency industry is changing rapidly around the world, with greater emphasis being placed on recovery as opposed to traditional winding down,” Dr Wesley Rosslyn-Smith of UP’s business management department said.

“The turnaround process is highly complex, pulling competencies from law, finance and business. As more professionals aim to build careers in business rescue, we saw the opportunity to offer a cross-disciplinary degree to a field that has traditionally been studied from only a legal perspective.”

ADMISSION REQUIREMENTS FOR THIS MASTER’S COURSE 

Applicants for this master’s course will need an honours degree in an academic discipline related to financial management or business management OR a four-year law degree OR any other relevant qualification.

However, if  the duration of that qualification is less than four years, substantial proven practical or professional experience in insolvency and/ or business rescue is required.

Alternatively, a 65% or more in any other NQF level 8 relevant qualification is acceptable.

UNIQUE COURSE DRAWS ON BUSINESS AND LAW

The department of business management at UP has been involved with research in turnaround management for more than 30 years.

“Studying insolvency law with business rescue together will enable students to gain a detailed understanding of the legal, financial, economic and governance issues underpinning debt finance and recovery,” Rosslyn-Smith said.

“Students will also gain advanced knowledge of theoretical and practical issues guiding formal and informal debt restructuring procedures.

“This unique master’s programme combines modules from business and law, making it the first cross-disciplinary local degree of its kind and one of the few programmes addressing insolvency-related issues in South Africa.”

POSSIBLE CAREER PATHS FOR THIS DEGREE

Successful candidates who complete the master’s course will be able to pursue any of the following careers:

  • Insolvency practitioner;
  • Liquidator;
  • Business Rescue Practitioner; and
  • Turnaround Management Consultant.

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