College of Business and Economics Annual Report 2017 61 • ILO • University of Sydney • Auckland University of Technology • Glasgow Caledonian University SoE staff members are actively involved in editorial and review panels of accredited journals. Staff members served on 46 different editorial and review panels in 2017. STUDENT PROFILE Some 22% of SoE students are drawn from very poor communities of whom 64% have performed exceptionally well at secondary school level. Therefore, the School contributes at the College 100th percentile towards the UJ mission of socio-economic transformation. The school performs at a module success rate of 88%, which is 1% better than the College average. First-year dropout rate is recorded at 11% (8% lower than the College average). These measures clearly reflect best practice in recruiting excellent students. GRADUATE PROFILE The SoE contributed 270 graduates in 2017 (5% of College output) among which 139 undergraduate degrees, 105 honours and postgraduate diplomas, as well as 26 master’s graduates and one doctorate. Undergraduates represent 51% of all graduates and postgraduates, 49%. Of importance is “student throughput”. This measurement refers to the percentage of students who have achieved their qualification in minimum time. The SoE undergraduate throughput stands at 19% compared to the national benchmark of 25%, 67% for honours degrees and postgraduate diplomas (benchmark = 60%), and master’s at 13% (benchmark = 33%) and doctorates at 3% (benchmark = 20%). Master’s and doctoral throughput needs improvement. The focus of all the different SoE qualifications is to make sure that our students are technically well prepared to perform their activities with ease and distinction in the private and public sectors. Graduates from SoE are sought after and are experiencing a high employment rate. KNOWLEDGE CREATION In 2017, the SoE contributed the equivalent of 43 subsidised credits (15% increase from 2016), representing 14% of College output at a rate of 0,92 credits per Senior Lecturer Unit, at the College average of 0,90. Considering the focus of the SoE on postgraduate work, an improved performance is expected towards 2020. The research centres such as CCRED contributed satisfactorily to the total research output and it is expected that the other research centres such as PEERC, IDEP and the SARCHI Chair will contribute significantly more to total research output in 2018. SoE has two international Distinguished Visiting Professors, and both have visited SoE during 2017 where they presented seminars on the master's programme in Financial Economics. They have also contributed significantly to the research output of SoE and to the RePac standing of SoE. Launch of the World Economic Panelist for the Outlook (Oct 2017) by the International Monetary Fund (IMF)
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