Bachelor of Commerce in Finance
Business, Commerce and Management Studies - Finance Economics and Accounting
Purpose and Rationale
Qualification Purpose and Rationale
Purpose
The purpose of the qualification is to equip learners with applied competencies in investment management, financial planning, real estate, and quantitative finance. The goal is to prepare students for careers in these fields by enabling them to master, analyze, interpret, and apply the principles and practices related to finance. By completing this degree, learners will be able to critically reflect on their decisions and applications within the broader context of finance.
Rationale
- Industry Demand: This degree addresses the identified scarcity of skills in areas such as investment management, financial planning, real estate, and quantitative finance within the financial services industry.
- Academic Offering Realignment: The qualification is designed to align with the current Bachelor of Commerce (BCom) (Finance) academic program offered by the Department of Finance and Investment Management.
- Continued Education Opportunities: Graduates of this program will have opportunities to further their education by articulating into various postgraduate qualifications.
- Increased Learner Interest: There is a growing demand among learners to pursue higher education in finance and investment management, making this degree program highly relevant and sought after within the College of Business and Economics (CBE).
Outcomes
- Calculate and interpret financial calculations in the finance environment.
- Apply an understanding of financial services and markets and calculate the instruments used in various financial markets.
- Construct multiple options of applying and integrating finance knowledge to solve theoretical, applied or real life financial practitioner problems.
- Present an understanding of key aspects and implications of specified systems, situations, specified bodies of content and the effect in the finance environment.
- Exhibit an ability to reflect with self and others, critical of own and other people's thoughts and actions, and capable of self-organisation and working in groups in the face of continual challenge from the finance environment.
- Engage with, own learning and learning strategies, and awareness of the nature of knowledge and how new knowledge can be acquired in the finance environment.
Assessment Criteria
Associated Assessment Criteria for Exit Level Outcome 1:
- Perform financial calculations in the finance environment.
- Interpret financial calculations in the finance environment.
Associated Assessment Criteria for Exit Level Outcome 2:
- Apply an understanding of financial services and markets.
- Calculate the instruments used in various financial markets.
Associated Assessment Criteria for Exit Level Outcome 3:
- Construct multiple options of applying and integrating finance knowledge to solve theoretical, applied or real-life financial practitioner problems.
- Organise and co-ordinate resources and opportunities in the financial management field by applying the relevant theoretical principles and reflect on the application made.
Associated Assessment Criteria for Exit Level Outcome 4:
- Demonstrate an understanding of the key aspects and implications of specified systems, situations, specified bodies of content and the effect in the finance environment.
Associated Assessment Criteria for Exit Level Outcome 5:
- Reflect with self and others, critical of own and other people's thoughts and actions, and Display a capability of self-organisation and working in groups in the face of continual challenge from the financial market environment.
Associated Assessment Criteria for Exit Level Outcome 6:
- Demonstrate consciousness of, and engagement with, own learning and learning strategies.
- Demonstrate awareness of the nature of knowledge and how new knowledge can be acquired in the finance environment.
Integrated Assessment:
- Assessment across the qualification forms an integral part of the teaching and learning process for this qualification.
- Learners are required to comply with the minimum assessments set for the level of the qualification, as per the Institution's Assessment Policy.
- Assessments vary depending on the module and the outcomes of the module, however all modules are formatively and summatively assessed.
- The assessment of theoretical modules is usually in the form of assignments, practicals and written tests or examinations.
- The weighting of the different assessments toward the calculation of the final mark is clearly indicated to learners in the learning guide for each module.
- Integrated assessments/case studies also take place through a variety of assignments, for example, those completed in industry or those that assess aggregated knowledge acquired (such as in a capstone module).
Formative and Summative Assessment:
- Formative Assessment opportunities are not formally recorded and take the form of class tests, question and answer sessions and monitoring of practical work.
- Summative Assessment leads to the final judgmental mark in accordance to the institution's Assessment Policy.
- The assessments for theoretical modules will be in the form of assignments and written tests or practical examinations.
Qualification Details
- Type
- National First Degree
- NQF Level
- 07
- Min. Credits
- 360
- SAQA Source
- More Information
Education Cost Calculator
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.