University of Johannesburg

Bachelor of Commerce Honours in Econometrics

Business, Commerce and Management Studies - Finance Economics and Accounting

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Purpose and Rationale

Purpose and Rationale of the Qualification

Purpose: The purpose of this qualification is to provide qualifying learners with applied competence, on a postgraduate level, in the mastering, analysis, interpretation, and understanding economic principles and methods, with a special focus on Econometric techniques.

Rationale: This qualification will prepare learners to reflect on their own economic applications to assess the effect thereof in the holistic context of Economics as a social science within their everyday lives. Additionally, it will prepare them for further study in Economics and Econometrics as a science.

Outcomes

  1. Meet the distinct need in the private and public sectors for well trained econometricians/analysts/researchers. These needs include analytical, mathematical and practical skills to analyse the economy and the econometrician/analyst/researcher needs to be able to give advice to role players to implement decisions.
  2. Utilise the necessary theoretical and practical knowledge acquired to be able to perform their duties as a specialist on econometrics in the workplace and/or in the academy as this qualification is both a professional and academically focused learning qualification.

Assessment Criteria

Associated Assessment Criteria:

  1. Problem-solving skills in economic, business, and financial management:

    • Demonstrate the ability to identify and solve problems by applying theoretical principles correctly and reflecting on the application made.

  2. Research skills in economic, business, and financial management:

    • Plan and undertake research, including gathering, analyzing, synthesizing, and interpreting information utilizing relevant theoretical research principles and reflecting on the research undertaken.

  3. Communication skills in economic, business, and financial management:

    • Communicate effectively with different role players by applying theoretical principles of communication and reflecting on the application made.

  4. Vision in economic, business, and financial management:

    • Develop an accountable and effective theoretical and practical macro-vision internationally, nationally, provincially, regionally, and locally.

  5. Resource management in economic, business, and financial management:

    • Organize and coordinate resources and opportunities effectively and responsibly by applying relevant theoretical aspects and reflecting on the application.

  6. Accountability in economic, business, and financial management:

    • Accept responsibility for own activities in the field.

  7. Teamwork and social sensitivity:

    • Work effectively in a team and practice acceptable social sensitivity by implementing relevant theory and reflecting on implementation.

  8. Utilization of management technology:

    • Effectively use appropriate management technology in the field.

  9. Learning strategies in economic, business, and financial management:

    • Explore different effective learning strategies to acquire skills.

  10. Responsible citizenship:

    • Promote responsible citizenship through holistic application of management capabilities.

  11. Social, cultural, and aesthetic sensitivity:

    • Practice acceptable social, cultural, and aesthetic sensitivity towards different role players by applying theoretical principles and reflecting on the application.

  12. Employment seeking skills:

    • Demonstrate acceptable employment seeking skills for entry into different sectors by applying theoretical principles and reflecting on the application.

Integrated Assessment Approach:

  • Coherent Alignment: All activities linked to module and qualification outcomes.
  • Variety in Assessment Methods: Includes summative and formative assessment to enhance applied competence and facilitate authentic assessment and learning.
  • Purpose of Assessment: Determine outcomes, generate data for grading, and provide feedback for curriculum improvement.
  • Summative Assessment Approach: Includes semester tests, examinations, and research projects for comprehensive assessment.

Qualification Details

Type
Honours Degree
NQF Level
08
Min. Credits
120
SAQA Source
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University of Johannesburg
University of Johannesburg
Description
The University of Johannesburg (UJ) is a public university located in Johannesburg, South Africa. It was established in 2005 through the merger of the Rand Afrikaans University, Technikon Witwatersrand, and the Soweto and East Rand campuses of Vista University. UJ is one of the largest universities in South Africa, with over 50,000 students enrolled across its four campuses. The university offers a wide range of undergraduate and postgraduate programs in various fields, including arts, humanities, sciences, engineering, business, and health sciences. UJ is known for its commitment to providing quality education, promoting social justice, and fostering innovation and entrepreneurship.
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This page includes information from the South African Qualifications Authority (SAQA) . Builtneat Pty Ltd trading as Study Start, has modified all or some of this information. SAQA has not approved, endorsed, or tested these modifications.