Bachelor of Commerce Honours in Business Management
Business, Commerce and Management Studies - Finance Economics and Accounting
Purpose and Rationale
Purpose of the Bachelor of Commerce Honours in Business Management
The Bachelor of Commerce Honours in Business Management aims to equip learners with the essential skills, knowledge, and training needed to develop these skills into competencies within the business and/or public domain. A qualified learner should be capable of making informed decisions by evaluating relevant information to provide optimal solutions within a dynamic business environment.
Upon completion of this qualification, learners will be able to:
- Analyse and apply management principles and theories.
- Solve financial management problems.
- Examine how human resources procedures and policies enhance the human capital needs of the organization.
- Apply relevant employment legislation and industrial relations processes in various work contexts.
- Develop a business plan and present it to financial institutions for financial planning purposes.
- Implement a research design to address financial problems.
- Interpret and communicate business research findings.
- Develop a strategic marketing blueprint for an organization by creating marketing strategies aligned with specific objectives.
Rationale:
- There is a significant demand for commerce qualifications in government and private sectors, as indicated by the Department of Higher Education and Training.
- The qualification aims to provide management, marketing, communication, and entrepreneurial skills for industries regionally and nationally, catering to private and governmental institutions.
- Qualified learners may find employment in marketing, finance, or retail management roles.
- The qualification emphasizes problem-solving, information assessment, and presentation skills, along with communication attributes.
Benefits of the qualification:
- Learners: Gain relevant skills for the workplace.
- Society: Benefits from qualified learners who can potentially start their own ventures and become employers. Also, benefits from competent and ethical managers for public and private institutions.
- Economy: Benefits from an enhanced human capital base with the skills necessary to fuel economic growth.
This Bachelor's program serves as a stepping stone towards developing competent and ethical business managers who can contribute to economic growth and development in various sectors.
Outcomes
- Demonstrate an advanced understanding of and critical insight into modern conceptual, theoretical, and methodological approaches to business management.
- Demonstrate the ability to use a range of specialised skills to identify, analyse and address complex or abstract problems drawing systematically on the body of knowledge and methods appropriate to the business management field and within broader or multidisciplinary contexts.
- Demonstrate an understanding of the complexities and uncertainties of selecting, applying, or transferring human resources and standard procedures and policies, processes, or techniques to unfamiliar problems in the business management field to enhance the human capital needs of the organisation.
- Apply relevant employment legislation and industrial relations processes to various work contexts.
- Apply specialised skills to develop a business plan for financial institutions for financial planning purposes.
- Demonstrate the ability to operate effectively within a system, or manage a system based on an understanding of the roles and relationships between elements within the system.
- Demonstrate the ability to present and communicate academic, professional, or occupational ideas and texts effectively to a range of audiences, offering creative insights, rigorous interpretations and solutions to problems and issues appropriate to the context.
- Apply a strategic marketing blueprint for an organisation by designing marketing strategies for specific marketing objectives.
Assessment Criteria
Associated Assessment Criteria for Exit Level Outcome 1:
- Analyse and apply business management principles.
- Identify and apply relevant management theories to the business environment context.
Associated Assessment Criteria for Exit Level Outcome 2:
- Identify, contextualise, analyse, and address complex financial challenges faced regularly by middle and senior-level business managers in the identified fields.
- Apply knowledge of relevant theories, principles, concepts, practices, and techniques to solve complex problems.
- Apply appropriate financial management knowledge to solve business problems for the community and the country.
- Apply different financial models to solve different financial situations.
Associated Assessment Criteria for Exit Level Outcome 3:
- Examine the appropriateness of human resources practices for meeting business needs.
- Apply appropriate human resources practices for meeting business needs.
Associated Assessment Criteria for Exit Level Outcome 4:
- Examine and apply relevant employment legislation to a case study.
- Discuss industrial relations procedures required in a specific labour relations context.
Associated Assessment Criteria for Exit Level Outcome 5:
- Design a business plan for a specific business idea.
- Present a designed business plan to potential investors/panel.
- Use a designed business plan for financial planning purposes.
Associated Assessment Criteria for Exit Level Outcome 6:
- Identify a research problem.
- Select and apply the appropriate research design to solve the business problem.
- Identify and formulate a pertinent business-related research problem.
- Conduct a literature search that frames the research problem or question or issue and or area of investigation.
- Identify a theoretical framework for the research design and suitable method(s) of investigation.
- Analyse the existing relationship between the internal workings of a business, the various functional subcomponents and the surrounding business environment, including key factors such as leadership, business agility, programme, performance, and partner synergy.
- Integrate the social, ethical, and environmental measures vital to the successful functioning of a business.
Associated Assessment Criteria for Exit Level Outcome 7:
- Collect and analyse the relevant data processed and interpret it making use of appropriate data collection techniques, analytical tools, and the appropriate software to determine the impact of single deterministic and multiple deterministic variables on dependent and independent variables.
- Prepare a scientific research report in the form of an academic treatise, meeting academic and scientific discourse and style conventions and present the well-formulated findings, conclusions, and recommendations.
- Communicate business research findings information effectively and timeously with due consideration of cultural sensitivities to other team members involved in the business.
Associated Assessment Criteria for Exit Level Outcome 8:
- Identify key business strategies and align them to key business processes and relevant resources to improve the overall performance of the business with specific reference to financial, market and business indicators.
- Draft a strategic marketing blueprint.
- Implement different marketing strategies for different scenarios.
Qualification Details
- Type
- Honours Degree
- NQF Level
- 08
- Min. Credits
- 120
- SAQA Source
- More Information
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