Bachelor of Commerce Honours in Finance
Business, Commerce and Management Studies - Finance Economics and Accounting
Purpose and Rationale
Qualification Purpose and Rationale
Purpose:
The purpose of this qualification is to provide students with specialised knowledge of advanced concepts, theories, models, laws, principles, skills, research methods and applied competence in the field of finance. This will enable them to pursue rewarding careers in the changing economic environment within the national and international context.
Rationale:
This qualification aims to provide South Africa with graduates who are not only competent in the field of finance with the capacity to understand and function effectively in the economy, but can also research problems associated with the economy of the country.
Outcomes
- Demonstrate specialised knowledge of the central areas of finance at the forefront of development, including an understanding of and an ability to apply, evaluate and comment on the key terms, concepts, facts, principles, rules and theories of Finance.
- Demonstrate insight into the different perspectives on and world views of the economic problem in order to develop a personal philosophical framework for functioning in the economy.
- Demonstrate an understanding of a range of methods of enquiry in the field economic analysis, and their suitability to varying investigations### and an ability to select and apply a range of methods to resolve complex problems or introduce change within practice.
- Apply appropriate processes to access, process and manage information within the field of finance### and an ability to independently validate the sources of economic information and evaluate, analyse and elaborate the information.
- Demonstrate the ability to formulate, present and communicate insightful and creative academic and professional ideas and arguments effectively - verbally and in writing, using appropriate media and communication technology and suitable finance methods.
- Demonstrate the ability to investigate, critically analyze, understand and solve complex real-life and/or hypothetical problems in a coherent and creative manner, demonstrating advanced use of critical thinking in finance in a self directed manner.
- Demonstrate personal responsibility for his or her work, decision-making and use of resources, and moderate accountability for the decisions and actions of others in the varied and dynamic world of business.
Assessment Criteria
Associated Assessment Criteria:
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Systematic Knowledge and Understanding: Demonstrating knowledge, understanding, analysis, evaluation, and application of fundamental terms, concepts, facts, principles, rules, and theories.
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Scientific Inquiry: Applying appropriate discipline-related methods of scientific inquiry, validating, evaluating, and managing sources of information independently.
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Problem Solving: Reflecting critically, understanding, and applying methods/practices to resolve complex discipline-related problems and introduce change within related practice.
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Professional and Ethical Behavior: Demonstrating professional and ethical behavior within an academic and discipline-related environment, considering societal and cultural aspects.
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Effective Communication: Effectively communicating scientific understanding, opinions, and ideas in written or oral arguments using appropriate discipline-related and academic discourse, as well as technology.
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Teamwork and Self-Management: Functioning effectively as a member/leader of a team/group in scientific projects or investigations, with self-directed management of learning activities and responsibility for own learning progress.
Integrated Assessment:
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Policy Alignment: Stipulated in the Assessment and Moderation Policy of the North West University (NWU), alignment with SAQA Level Descriptors for clear communication of outcomes and assessment criteria to students.
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Assessment Components: Inclusion of at least one opportunity for integrated assessment focusing on key outcomes of the qualification.
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Formative Assessment: Utilization of class tests and integrated assignments (up to 50% of pass mark) for ongoing feedback and learning support.
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Summative Assessment: Consisting of 2 to 3-hour written examinations per module (50% weight) for comprehensive evaluation.
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Research Component: Involving a research report or mini-dissertation (credit value of 32) to be submitted under supervisor guidance as part of integrated assessment.
Qualification Details
- Type
- Honours Degree
- NQF Level
- 08
- Min. Credits
- 120
- SAQA Source
- More Information
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