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Bachelor of Commerce | Economics

(Minimum 3 years, 374 credits)

Aim

This qualification equips students to be effective business and community leaders with specific skills in human resource management, marketing, entrepreneurship, and economics.

Time commitment

Online
Two intakes: January and July
Full or part-time
Minimum 3 years, maximum 6 years.

Mode of Delivery

Distance

Accreditation

Registered as Cornerstone Institute with the Department of Higher Education and Training as a private higher education institution under the Higher Education Act, 1997. Registration Certificate 2001/HE08/006, SAQA ID 99752.

Important Links

YEARBOOK

FEE STRUCTURE

PROGRAMMES

Admission requirements

  • National Senior Certificate (NSC) with a bachelor’s pass or equivalent
  • A Matriculation Certificate (with university exemption) or equivalent
  • A Higher Certificate or an Advanced Certificate or Diploma in a cognate field
  • National Benchmark Test (NBT) results
  • The prior qualification must include a minimum of 50% in Mathematics or Mathematical Literacy.
  • A National Senior Certificate or National Certificate Vocational with a diploma pass (or equivalent) combined with the results of the NBT 
  • Mature age of 23 and over during the first year of studies and a National Senior Certificate (or equivalent). The conditions of the Recognition of Prior Learning (RPL) Policy for Access and the results of the NBT are determining factors for admission. Contact the admissions office regarding RPL
  • Mature age of 45 years can be admitted, determined by the RPL conditions and the results of the NBT.

Applicants in the first category under Alternative Admission Requirements must register for the Extended Programme for Academic Development. The Programme extends the completion of the prescribed subjects over a minimum of 4 years.

Students who are admitted on the basis of prior learning and who want to complete the degree in three years, but who fail more than 20% of modules taken during the first semester, are required to take the first year over two years.

The purpose of the Bachelor of Commerce (BCom) degree is to provide a broad but solid educational foundation to students in the field of commerce, including various key discipline areas such as business management, economics, entrepreneurship, marketing management, industrial psychology, arts management and sports management. The qualification has been designed to provide the knowledge base, practical competence and application skills that may enable students to either enter the labour market, start ventures or to pursue further studies in this field. 

Economics Major Students who have completed the qualification must be able to:

  • Describe the basic concepts of macroeconomics and microeconomic theory.
  • Explain how an economy as a whole solves the economic problem and ensure economic growth.
  • Analyse and interpret some major macroeconomic issues experienced in South Africa by referring to the composition of the national economy, unemployment, poverty as well as GEAR and NEPAD strategies and the issue of globalisation.
  • Analyse and interpret the concepts and modern theories about price discrimination in the market place.
  • Reason about macro events and policy issues within the holistic context of Economics as a social science and apply it within their everyday lives.
  • Demonstrate ability to interpret and apply concepts in acquisition, interpretation and application of knowledge relating to international and financial markets.
  • Describe the process of economic development.
  • Identify the common barriers to development and the challenges to overcome these barriers in a South African context.

Compulsory Subject for all Options

Rules of Combination for the Bachelor of Commerce (NQF 7, 374 credits)

  • Academic Development I (16 credits)
  • Citizenship I (18 credits)
  • Accounting I (24 credits)
  • Business Management I (48 credits)
  • Economics I (24 credits)
  • Industrial Psychology I (24 credits)
  • Citizenship I (18 credits)
  • Business Management II (32 credits)
  • Citizenship I (18 credits)
  • Business Management II (32 credits)
  • Citizenship 1 (12 credits)
  • Business Management III (44 credits)

Rules of Combination

Bachelor of Commerce (NQF 7, 374 credits)

Option 1: Economics

BASIC LEVEL

(first year, 130)

  • Academic Development I (16 credits)
  • Citizenship I (18 credits)
  • Accounting I (24 credits)
  • Business Management I (48 credits)
  • Economics I (24 credits)

INTERMEDIATE LEVEL

(second year, 128)

  • Industrial Psychology I continue (basic 24 credits)
  • Citizenship I (basic, 24 credits)
  • Business Management II (32 credits)
  • Economics II (32 credits)
  • Elective (16 credits)

ADVANCED LEVEL

(third year, 116)

  • Citizenship I (basic 12 credits)
  • Business Management III (44 credits)
  • Economics III (48 credits)
  • Elective (12 credits)

For a description of each module, see ‘Module descriptions’ towards the end of this document.

Subjects

• Business Management I, II and III.
• Accounting I, Economics I, Industrial Psychology I.
• Two majors from Entrepreneurship, Industrial Psychology, Marketing Management, Arts Management and Sports Management
• One minor from the remaining subject.
• Work-integrated project in the major of your choice.

Work-Integrated Learning

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