Module Descriptors - Higher Certificate in Business Studies | Cornerstone Institute - Module Descriptors
Higher Certificate Programme

Module Descriptors - Higher Certificate in Business Studies

NQF Level 5 ยท 126 Credits ยท Distance mode ยท Minimum 1 year, maximum 3 years
The Higher Certificate in Business Studies is targeted at preparing school leavers for a future in the business world, supporting budding entrepreneurs to extend their business knowledge and assisting those who are already in work to advance and develop their careers. Once completing the HCBS modules, students can transition to the second year of the Bachelor of Commerce (BCom) by first completing two bridging modules.
Study Year 1 of 1
NQF Level 5 ยท 126 Credits
Semester One
Ethics and Global Citizenship15 Credits
This module is designed to help the student build an ethical framework that considers a holistic understanding of the human person (head, heart and hands). Students are exposed to ethical theories that enable them to reflect on ways in which to respond to current moral, intellectual and social questions. Students work to integrate ethical theory into their experience of life and explore how this contributes to the good of the world.
Business Management12 Credits
This module introduces the student to the theory of business strategy, planning and business models. Students will learn about importance of organizing, aligning, decision-making and managing business performance. Students will understand the fundamentals of enterprise systems and technologies and the importance of supply chain alignment, risk management and business improvement systems. Students will also become aware of global conventions, core legislation and international standards that impact a business. At the conclusion of the module, students will be able to evaluate the impact of the changing global landscape, digital transformation and new innovations in business strategy.
Financial Accounting Fundamentals12 Credits
This module enables the students to gain a fundamental understanding of financial accounting principles and concepts as they apply to the world of business. Students will learn and apply different accounting systems and business combinations that affect accounting entries and the financial accounting cycle. Students will develop sound financial literacy by being able to apply the accounting equation to basic transactions in recording accounting entries.
Human Capital Management12 Credits
This module provides an overview of the management of people in the modern organisation. Students will learn about key elements of managing and building human capital including leadership, talent acquisition and optimisation, employee experience development, recognition & reward, diversity and organisational culture. At the conclusion of the module students will be able to manage and support people to achieve optimally within dynamic, globally excellent companies.
Business Communication12 Credits
This module explores the history, theory and processes of communication, and examines the importance of effective communication in the workplace and more broadly. Students will analyse different types of communication understand the essence of effective workplace communication including making presentations effective participation in meetings. The module further explores communications in multicultural environments and the new challenges brought about through digital communication technologies and social media. At the conclusion of the module students will have a sound understanding of communication best practices and will be enabled to communicate effectively with their managers and colleagues in the workplace.
Semester Two
Academic Development15 Credits
This module is designed to enhance students' academic writing and research skills while fostering critical thinking and analytical abilities.
Economics12 Credits
This module introduces students to the basic concepts in economics including demand, supply, trade-offs, production and allocation of resources. Students will acquire an understanding of different market structures, pricing, money, interest rates and exchange rates and how these relate to economic policy, international economic relations and economic growth. Students will also gain an understanding of inflation, unemployment, poverty and inequality. Students will, through understanding these concepts and the South African reality, be challenged to think critically and practically about the distribution of wealth and the role of individuals, organisations and government in the economy.
Marketing12 Credits
This module introduces students to marketing theory and practices. Students will understand how to analyse the competitive landscape, identify the core competencies within a business, recognise opportunities and assess risks, which are the building blocks of every marketing strategy. Students will further explore up-to-date marketing thinking in respect of the development and management of value-based customer relationships. At the conclusion of the module, students will be able to create a marketing plan; position their brand and products; as well as apply a marketing mix to be the preferred choice of customers.
Business Analytics Fundamentals12 Credits
This module introduces students to the basic concepts of business statistics. Students will learn about the role and importance of statistics in solving business problems, the categories of analytics, types of data, data collection methods, descriptive statistics, data visualisation, and probability. At the conclusion of the module, students will be able to select and apply appropriate statistical techniques, apply these techniques and interpret these results making appropriate inferences.
Entrepreneurship12 Credits
This module introduces students the development of entrepreneurship and its role in the economy in South Africa and internationally. Students will understand the drivers behind entrepreneurship, creativity and innovation theory, the development of entrepreneurial strategy as well as the challenges of business start-ups and franchising. At the end of the module students will be able to formulate a business plan for an enterprise whilst understanding the legal requirements that need to be considered.
Cornerstone Institute โ€” Higher Certificate in Business Studies | Full module descriptors based on official curriculum.
Cornerstone Institute
Scroll to Top