College of Business and Economics Annual Report 2017 34 SUBSIDISED PROGRAMMES Popular and industry-recognised programmes and their enrolment in 2017 include a total undergraduate enrolment of 5 103 and 1 167 postgraduates. The range of programmes hosted by the JBS on the UJ website. NEW DEVELOPMENTS 2018 — 2020 New developments in the Departments of the JBS include: • 13 online programmes, • re-curricular of some programmes and • the roll-out of new programme offerings on various NQF levels. Three new CEP whole programmes will also commence in 2018 and 2019. The Department of Finance and Investment Management will start a process of content recognition for modules and programmes with the JSE, FSB and FISA. ACCREDITATION, AFFILIATIONS AND RANKINGS The JBS is aligning and orientating itself for international accreditation and global rankings of its forthcoming MBA programmes and Executive Education. Meanwhile, many of the qualifications offered by the JBS are accredited or recognised by international professional bodies: • The South African Board of People Practices accredits all the Human Resource Management qualifications. The Health Professions Council of South Africa accredits the Master’s in Industrial Psychology and the Short Learning Programme in Practical Psychometry. • There is no QS ranking for the Department of Finance and Investment Management, however, their programmes have local and international body recognition through the Financial Planning Institute (FPI) of Southern Africa; the Chartered Financial Analyst (CFA) Institute; Chartered Alternative Investment Analyst (CAIA); and the Chartered Institute for Securities and Investments (CISI). The JBS also has representation on other bodies, inter alia: • The South African Business Schools Association (SABSA). Prof White is steering the Case Studies Committee of SABSA. • The Association of African Business Schools (AABS). • JBS is the Africa partner on the Global Leadership Programme in partnership with the Conscious Leadership Institute. Prof White sits on the board of the GLP. • International Advisory Board of the Krakow School of Business in Poland, with Prof Geoff Goldman and Prof Cecile Nieuwenhuizen serving on this Board. STUDENT PROFILE Some 23 % of the School’s students are drawn from very poor communities, of those 34% have performed exceptionally well at secondary school level. The School performs at a module success rate of 84%, which is 2% less than the College average, and the first-year dropout rate is recorded at 21% (2% more than the College average). This does indicate an area for improvement. GRADUATE PROFILE The JBS contributed 1 805 (34% of College output) graduates in 2017: 1 300 undergraduate diplomas and degrees, 408 honours and postgraduate diplomas, as well as 97 master’s graduates and seven doctorates. Undergraduates represent 72% of all graduates and postgraduates, 28%. An important metric is “student throughput”. This measurement refers to the percentage of students who have achieved their qualification in minimum time allocated. The JBS undergraduate throughput stands at 25% compared to the national benchmark of 25%; 55% for honours degrees and postgraduate diplomas (benchmark = 60%), master’s at 52% (benchmark = 33%) and doctorates at 10% (benchmark = 20%). The level and application of the programmes run, not to mention the standards set in each department, prepare students and make them highly employable in the public and private sectors. KNOWLEDGE CREATION In 2017, the JBS contributed the equivalent of 71 subsidised credits, representing 27% of College output at a rate of 0,73 credits per Senior Lecturer Unit compared to the College average of 0,90. While programmes in the JBS are predominantly geared toward practical application, there certainly is room for improvement, and the conversion of knowledge derived from master’s and doctoral theses should be targeted. Prof Geoff Goldman of the Department of Business Management is the Managing Editor of the Department of Higher Education and Training’s accredited journal, ACTA Commercii. The Department of Finance and Prof Jackie Walters Prof Geoff Goldman
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