Bachelor of Commerce Honours in Economics
Business, Commerce and Management Studies - Finance Economics and Accounting
Purpose and Rationale
The advanced knowledge, specific skills, and applied competencies in the environment and operations of economic entities, the market mechanism, and international trade are crucial for professionals who aim to make a significant impact in the field of economics and business in South Africa. By equipping qualifiers with comprehensive knowledge and practical skills in these areas, the qualification aims to develop professionals who can lead and drive economic activity and prosperity in the country.
South Africa, like many developing economies, requires individuals with a deep understanding of economic principles, market dynamics, and international trade to navigate the complexities of the global economy. By offering a program that focuses on these specific areas, we aim to produce graduates who can contribute to the growth and development of businesses and industries in South Africa.
Furthermore, by enhancing the pool of skilled professionals in managerial and economic roles, the qualification will ultimately contribute to the overall enhancement of South Africa's business know-how. This, in turn, can lead to increased competitiveness, innovation, and sustainability in the country's economy, as well as create opportunities for social and economic development.
Overall, the qualification is designed to empower individuals with the tools and knowledge needed to make a positive and lasting impact on South Africa's economic landscape, driving growth, creating opportunities, and fostering a more prosperous future for all.
Outcomes
- The execution of the tasks of planning, organising, advising, leading, controlling and communication in a variety of institutional environments.
- Managing limited Resources to optimum use.
- Applying appropriate ethical standards, responsibility, and discipline in discharging their responsibility while showing sensitivity to cultural and environmental issues.
- Computer proficiency and the use of information technology and systems.
- Advanced communication and team work skills.
- Conducting research including data collection, analysis, interpretation, recommendations, and reporting.
Assessment Criteria
Competencies to be Demonstrated:
-
Managing Enterprises:
- Demonstrating the ability to manage private and public enterprises, government departments, or sections for the benefit of all stakeholders.
-
Economic Decision-Making:
- Solving economic decision-making problems practically by applying theoretical knowledge to various situations.
-
Theory and Practice Mastery:
- Mastering subject theory and practice to set sound economic policies and ensure their effective implementation.
-
Task Execution:
- Executing tasks of planning, organizing, advising, leading, controlling, and communicating effectively in diverse institutional environments.
-
Resource Management:
- Managing limited resources efficiently to achieve optimum utilization.
-
Ethical Standards and Responsibility:
- Applying appropriate ethical standards, responsibility, and discipline while being sensitive to cultural and environmental issues.
-
Information Technology Proficiency:
- Proficiency in the use and evaluation of information technology and systems.
-
Teamwork and Communication:
- Working effectively with multi-disciplinary teams on multiple tasks while maintaining good communication.
-
Research Skills:
- Conducting research involving primary and secondary data collection, data analysis, and presenting findings in technical reports.
Integrated Assessment:
-
Formative Assessment:
- Methods include assignments, case studies, group discussions, and tests to evaluate competence and skills.
-
Diagnostic Assessment:
- Pin-pointing misinterpretations and mistakes through feedback on tests, suggested solutions, and personal guidance.
-
Summative Assessment:
- Examinations reflecting overall achievement, followed by personal consultations.
-
Evaluative Assessment:
- Continuous evaluation for promoting improvement and enhancing curriculum development.
Qualification Details
- Type
- Honours Degree
- NQF Level
- 08
- Min. Credits
- 120
- 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.