The Postgraduate Diploma in Corporate Governance is designed to enable understanding, implementation and interpretation of the critical role of corporate governance in business sustainability and economic growth. This is especially relevant because the relationships between corporations, their stakeholders and the societies in which they function are complex and ever changing. This is the case across the public and private sectors. There is a strong focus on internal corporate governance and internal corporate governance mechanisms, as these mechanisms are used by shareholders to mitigate the conflict between managers and shareholders such that firm value is maximized.
The programme is an enhancement to any field in business and any role in organizational leadership, particularly at senior management and board director level. Specific prospects in Corporate Governance as a field include:
This programme focuses on both policy and strategic challenges, for senior managers working with boards or dealing with governance issues and directors within private and government entities. This programme will equip learners and enhance their skills in practicing corporate governance in their own place of work.
The programme structure consists of 8 units, with a number of 15 credits per unit and the qualification is at a NQF level 8.
Unit 1: Ethics and Business Ethics
The philosophy and multiple levels of ethics and business ethics, ethical decision-making and resolving ethical dilemmas are covered. The unit also covers value systems in the modern corporation and its moral obligations; the social contract; the inclusive stakeholder approach and corporate power; the development of a code of ethics and ethical leadership.
Unit 2: Corporate Governance
This unit covers corporate and business performance; the business environment; corporate control; business survival and success; sustainability, growing concern, business opportunities and entrepreneurship; corporate citizenship; establishing a corporate governance framework and principles; shareholder engagement and activism.
Unit 3: The legislative environment to corporate governance
The unit explores legislation, regulations and governance codes and will also deal with corporate misconduct and malpractice. The South African legislative environment (The King Codes, the JSE listing requirements, the Companies Act, the PFMA, the MFMA and a few more relevant acts), and some international legislative environments such as the Sarbanes-Oxley act of the USA and the Combined Code of the UK are looked at. Corporate Governance in the contexts of the public sector, non-profit sector and SMEs are addressed in this unit. Practical matters such as the memorandum of incorporation and shareholder agreements are also be dealt with.
Unit 4: Board matters
This unit focuses on the power of the board, composition of the board, non-executive directors, board meetings, shareholder meetings, conduct of the board, conduct of directors and board committees.
Unit 5: Leadership, directors and officers
This unit focuses on corporate citizenship and leadership, board performance, director’s performance and remuneration, the board chairman, the CEO and the company secretary.
Unit 6: The combined assurance model
This unit focuses on all aspects of the combined assurance model, including internal audit and external audit. The audit committee will be dealt with in more depth, including the legislative environment for auditors in South Africa.
Unit 7: Strategy, stakeholders and risk
This unit focuses on the integration of the business model, the business strategic objectives and strategies, risks and opportunities, risk management, internal control, governance and remuneration, performance, future outlook and stakeholder engagement. Business rescue also forms part of this unit.
Unit 8: Financial, sustainability and integrated reporting
This unit focuses on the disclosure and transparency, annual financial statements, financial standards, the triple bottom line, the GRI, sustainability reporting, CSR governance, sustainable development governance, integrated reporting, sustainability assurance and integrated assurance.
1 year: Full-time
2 years: Part-time
Intake 1: 18 August 2018
Intake 2: 29 September 2018
Intake 3: 3 November 2018
Each unit runs for five (5) weeks and begins with a scheduled contact session on campus followed by further continuous study and assignment submissions via the Learning Management System (LMS). Contact sessions will occur on Saturdays from 9h00 to 13h00.
The programme has compulsory Course Introduction sessions. Students will be notified of the Course Introduction dates.
Students are advised to pay and enrol at least three days before the course commences.
MSA must receive your application at least two weeks before the start of that particular intake.
Annual Course Fee: R49 500
* Note that fees are subject to an annual change.
Domestic/South African students can either pay the entire course fees prior to the start of the course or they can pay for the entire unit prior to the commencement of the unit.
International students are advised to pay 80% of the annual course fee and secure a valid study visa prior to start of the course.
For more information regarding fees please visit the Fee structure.
Students are responsible for the payment of their own transport and accommodation during the various intakes and its semesters, as well as for textbooks, computers or other devices to use the Internet.
Beneficiary: Monash South Africa Limited
Bank: First National Bank (FNB)
Branch: Cresta (254905)
Account number: 62062732485
Reference: Student number_ Surname
The tuition fees are payable upfront via the following payment methods:
Please forward all Direct Deposit / Telegraphic transfer (swift message) proof of payment to Student Fees at:
firstname.lastname@example.org or Fax: 086 629 6544
+27 11 950 4009
Dr Natasha Mwila
+27 11 950 4340
ZPG4008 - Ethics and business ethics - FEB
ZPG4009 - Corporate governance - MAR
ZPG4010 - The legislative environment to corporate governance - APR
ZPG4011 - Board matters - MAY
ZPG4012 - Leadership, directors and officers - JUL
ZPG4013 - The combined assurance model - AUG
ZPG4014 - Strategy, stakeholders and risk - OCT
ZPG4015 - Financial, sustainability and integrated reporting - NOV
*** Should the student numbers per unit exceeded the anticipated numbers, MSA will split the cohort into two and the 2nd cohort will start a week after the 1st cohort.
The Postgraduate Diploma in Corporate Governance is designed to enable the successful students to:
Mode of Delivery
The Postgraduate Diploma in Corporate Governance uses flexible teaching methods as it is designed for the working professional. A combined model is used which includes face-to-face contact sessions (three Saturday sessions per unit), extensive online learning using the virtual learning system, case studies and projects to apply learning into practice and various assignments.
Modes of assessment will include class participation, face-to-face and online discussion, completion of case studies, assignment and projects. In order to successfully complete the programme, the final mark must be a passing mark of 50% or more.
Site of Delivery
Monash South Africa campus in Ruimsig, Johannesburg (Important Notice: This is not a distance programme, students must be able to attend at least 2 of the 3 face-to-face contact sessions in each unit).
To be eligible for this programme, applicants must have successfully completed an undergraduate degree or an equivalent qualification (Higher Education Qualifications Sub-Framework Level 7) from an accredited university or other tertiary institution. Qualifications obtained outside South Africa must be presented along with an evaluation certificate from the South African Qualifications Authority.
The language of instruction at Monash South Africa is English. All foreign language qualifications must be officially translated. Students whose qualifications were obtained in any other language apart from English need to present proof of English Language competency through an accredited language test.
Students must have proficient computer, internet and email skills. Where these are deemed to be inadequate, students will be required to undertake training relevant to equipping them with the necessary skills.
Work experience is advantageous but not a pre-requisite for this programme. The work experience of candidates will be considered where they do not meet the minimum entry requirements. Candidates may then be recommended to recognition of prior learning committee for consideration.
Qualifications obtained outside South Africa must be presented along with an evaluation certificate from the South African Qualifications Authority (SAQA).
Postgraduate Diploma in Corporate Governance; HEQSF level 8 - the same level as an honours degree. The diploma is awarded by Monash South Africa as a registered private higher education institution in South Africa.