Discipline of

Finance

Finance is at the core of navigating the complexities of South Africa’s evolving economy and global financial markets. The Discipline of Finance equips students with the analytical and strategic skills necessary to navigate the complexities of South Africa’s evolving economy and global financial markets.

Characterised by emerging industries, financial inclusion initiatives, and regulatory shifts, finance studies at UKZN offer a dynamic blend of quantitative methods and applied theory designed to address challenges that are relevant to their future careers. Our students are encouraged to work with industry-relevant databases, econometric software, and the Microsoft Office suite throughout their studies to develop these important graduate skills.  

Why Study Finance?

As South Africa continues to advance its banking, entrepreneurial, and corporate sectors, finance graduates are prepared to drive sustainable economic growth, foster innovation, and contribute to financial solutions that support both private enterprises and public-sector development.

From an undergraduate to postgraduate level, finance students extensively engage with topics such as:

  • Risk Management
  • Financial Modelling
  • Investment Strategy
  • Portfolio Management

Programmes

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SAQA ID: 81076
NQF Level: 08

Bachelor of Commerce Honours in Finance

  • Westville
SAQA ID: 110870
NQF Level: 10

Doctor of Philosophy in Finance

SAQA ID: 110908
NQF Level: 09

Master of Commerce Finance (Research only)

  • Westville and Pietermaritzburg
SAQA ID: 119507
NQF Level: 09

Master of Commerce in Banking and Investment Management (Coursework)

  • Pietermaritzburg
SAQA ID: 72960
NQF Level: 08

Postgraduate Diploma in Finance, Banking and Investment Management

  • Westville and Pietermaritzburg
SAQA ID: 98919
NQF Level: 08

Postgraduate Diploma in Financial Planning

  • Westville

Research

The Finance Discipline is research active, with our academics regularly publishing their work in top academic journals, both domestically and internationally. Students at all levels are encouraged to convert their research into journal form, with several of our past Honours students having successfully published their Honours dissertations. Our academic staff are regular attendees at the Southern African Finance Association’s conference and other domestic conferences related to the fields of Finance and Economics and also present their work at a variety of international conferences. Our research covers a wide range of topics related to the field of finance and applied econometrics, including on market behaviour, portfolio and asset management, firm performance, and environmental, social and governance (ESG).

Academics

Professor Kerry Aan McCullough.

Professor Kerry McCullough

Head of Finance

Professor Paul-Francois Muzindutsi

Professor Paul-Francois Muzindutsi

Full Professor

Dr Peter Moores-Pitt

Senior Lecturer

Dr Damien Kunjal  

Senior Lecturer

Dr Hilary Tinotenda Muguto 

Dr Hilary Tinotenda Muguto 

Senior Lecturer

Professor Sheunesu Zhou

Professor Sheunesu Zhou

Associate Professor

Dr Lorraine Muguto

Dr Lorraine Muguto

Senior Lecturer