Why study a Postgraduate Diploma in Management specialising in Corporate Governance?
The Monash South Africa (MSA) Postgraduate Diploma in Management (PGDip (Management)) specialising in Corporate Governance, is a one-year qualification for working professionals interested in studying the complex and changing relationships between corporations, their stakeholders and the societies in which they function. There is a strong focus on internal corporate governance and their mechanisms, as these are used to mitigate the conflict between managers and shareholders such that value is maximised.
This postgraduate qualification will enhance the skills set of directors and senior officials within private and government entities. In this highly competitive environment, it is imperative for leaders to have skills that can steer corporations in the directions that can be beneficial to multiple stakeholders. This programme focuses on both policy and strategic challenges, for senior managers working with boards or dealing with governance issues.
The course comprises eight (8) core units and no elective units. Students will complete eight (8) units per year if planning to study full-time or four (4) units if studying part-time.
Unit 1: Ethics and Business Ethics
This unit provides a framework for corporate governance by focusing on ethics (at macro, meso and micro level) and the philosophical background to ethics and business ethics, ethical decision-making, resolving ethical dilemmas and value systems in South Africa. The unit also includes 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 is also dealt with.
Unit 2: Corporate Governance
This unit focuses on corporate and business performance, the business environment, corporate control, business survival and success, sustainability, growing concern, business opportunities and entrepreneurship and corporate citizenship. A corporate
governance framework will be established and principles will be dealt with. Shareholder engagement and activism forms part of this unit.
Unit 3: The legislative environment to corporate governance
This unit focuses on the South African legislative environment (King III, 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. The unit explores legislation, regulations and governance codes and will also deal with corporate misconduct and malpractice. Corporate governance in the contexts of the public sector, non-profit sector and SME’s 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. IT governance is also dealt with, as well as Cobit5. 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.
The programme has four intakes in 2017. The programme will start on the following dates:
- Intake 1: 4 February 2017
- Intake 2: 11 March 2017
- Intake 3: 22 April 2017
- Intake 4: 27 May 2017
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.
Unit Schedule & Contact Sessions ***:
Unit 1 – Ethics and Business Ethics (4 February - 10 March 2017)
Contact Sessions: 4 February, 18 February, 4 March
Unit 2 – Corporate Governance (11 March - 14 April 2017)
Contact Sessions: 11 March, 25 March, 8 April
Unit 3 – The legislative environment to corporate governance (22 April - 26 May 2017)
Contact Sessions: 22 April, 6 May, 20 May
Unit 4 – Board matters (27 May - 30 June 2017)
Contact Sessions: 27 May, 10 June, 24 June
Unit 5 – Leadership, directors and officers (15 July - 18 August 2017)
Contact Sessions: 15 July, 29 July, 12 August
Unit 6 – The combined assurance model (19 August - 22 September 2017)
Contact Sessions: 19 August, 2 September, 16 September
Unit 7 – Strategy, stakeholders and risk (30 September - 3 November 2017)
Contact Sessions: 30 September, 14 October, 28 October
Unit 8 – Financial, sustainability and integrated reporting (4 November - 8 December 2017)
Contact Sessions: 4 November, 18 November, 2 December
*** 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.
Mode of Delivery
The PGDip (Management) specialising in Corporate Governance is designed for the working professional and uses flexible teaching methods. These include compulsory face-to-face contact sessions (three Saturday sessions per unit), extensive online
learning using the Learning Management System (LMS), case studies and projects to apply learning into practice.
Continuous assessment is used, through challenging and innovative individual projects, case studies and assignments in each unit as well as online exercises to be completed in the LMS.
Site of Delivery
The PGDip (Management) specialising in Corporate Governance is offered at the Monash South Africa campus in Ruimsig, Johannesburg.
Applicants must have successfully completed a relevant undergraduate degree or an equivalent qualification (HEQSF level 7); and have work experience.
International students’ qualifications will be assessed on an individual basis. When applying, students should submit certified copies of one of the above mentioned qualifications as well as final grades in subjects undertaken.
The PGDip (Management) specialising in Corporate Governance is awarded by Monash South Africa as a registered private higher education institution in South Africa. This qualification is on HEQSF level 8.
Applying couldn’t be easier. You can download and complete the application form.