Turnaround Management and Business Rescue
The Department of Business Management at the University of Pretoria has specialised in business turnaround management for over 15 years. The recent inclusion of formal turnaround proceedings has brought about more attention to a highly specialised field of study. Business Rescue provides South African companies with a powerful mechanism to adapt and navigate through the turbulent economic conditions we now face. The novelty of the regime is challenged by a lack of formal training, an issue the university stands at the forefront of addressing.
The field is headed by Professor Marius Pretorius, who spearheads the research with Wesley Rosslyn-Smith
. Both are engaged in continued research and training in the field. Although this field can currently only be studied at postgraduate level, the Department offers short-courses
for scholars looking at gaining insight into the industry. The team actively consults through Enterprises at UP, ensuring relevant and accurate subject matter.
Research focus areas
Reasonable prospect analysis / Due diligence
Informal turnaround / compromises
New Master's Programme in Insolvency and Business Rescue
Our new Master of Philosophy (MPhil) in Insolvency and Business Rescue degree programme is designed for professionals who want to attain an advanced degree while continuing to work at their respective organisations. Studying insolvency law with business rescue together will enable you to gain a detailed understanding of the legal, financial, economic and governance issues underpinning debt finance and recovery. You will also gain advanced knowledge of theoretical and practical issues guiding formal and informal debt restructuring procedures. This unique master’s programme combines modules from business and law making it the first crossdisciplinary local degree of its kind and one of the few programmes addressing insolvency related issues in South Africa.
The high quality of the teaching is ensured by a top-class team of lecturers consisting of representatives from science and practice. It consists of professors from University of Pretoria’s Faculty of Law and Faculty of Economic and Management Sciences as well as external lecturers. They include experienced lawyers who specialise in insolvency law or restructuring, renowned insolvency and business rescue practitioners, partners in consulting firms, economists with a relevant job profile and communication experts.
We currently offer the following three short courses through Enterprises at UP.
As specialists in the field, we also offer advice for companies in distress, conduct feasibility studies, business rescue support and consultation through liquidation and failure. Please click here
for more information on our consultative services.
Prof Marius Pretorius
Dr Wesley Rosslyn-Smith
+27 84 866 4555