Outcomes

1. Purpose: This module offers an introduction to the workings of market systems. It deals with the economic behaviour of consumers and firms, covering analysis of demand and supply of goods, services and resources within an economy. The framework developed is used to examine and evaluate the operation of the market mechanism for various market structures and government policies. At the end of the module the learner will be able to: Explain the economic problem of scarcity. Discuss the goals and instruments of a market economy. Analyse the forces of supply and demand. Identify and explain the role of the various economic subjects in the economy. Interpret price elasticity of demand, income elasticity and cross-price elasticity. Explain the concept of a rational consumer. Apply the important production concepts. Apply the important cost concepts. Analyse and identify the economic dynamics of the various market structures. Recognise the limitations of markets. Explain how governments influence improve on market allocations. Module Title: Informatics 1A (Introduction to algorithm development (VB). Credits:
2. Purpose: To enable the learner to analyse, design and develop algorithms into programs demonstrating the correctness using a visual computer language such as Visual Basic. At the end of the module the learner will be able to: Use a computer to solve problems. Analyse, design and evaluate algorithms. Program algorithms in an object-oriented language such as Visual Basic. Demonstrate the correctness of a computer program. Module Title: Analytical Techniques 1T. Credits:
3. Purpose: To provide the necessary background for students to appreciate the relevance and importance of rigorous data and the methods required to process such data. Furthermore it is designed to provide students with the relevant tools to plan, and carry out investigations in an appropriate manner. At the end of the module the learner will be able to: Identify and apply appropriate statistical methods for data interpretation. Process and present statistical analyses. Appreciate the importance of analysis in research. Develop a research protocol. Describe and select an appropriate analytical method to solve a particular problem. Use a range of analytical methods. Record data in an appropriate style. Module Title: Business Management 1B (Functional Areas of Management). Credits:
4. Purpose: This module exposes students to an array of organisational structures and theories in relation to central and strategic management. It also involves students in the study of functional areas of management, including operations management, marketing management, human resource management and financial management. At the end of the module students should be able to understand and discuss organisations and organisational theory, and to propose solutions to a variety of more complex problems that might arise in the course of managing a business. At the end of the module the learner will be able to: Conceptualise the skills managers must acquire in their roles. Analyse the four primary management tasks. Differentiate between the functional areas of management. Outline the importance of each functional area of management. Identify the relationship between functional areas of management. Module Title: Economics 1B (Macroeconomics). Credits:
5. Purpose: This module analyses aggregate economic activity in the national economy and its interrelationships with the rest of the world. Emphasis is placed on basic principles involved in the determination of the level of national output, the aggregate price level, and the money supply. Alternative explanations of key macroeconomic problems and relevant economic policies are compared. The theoretical concepts are illustrated from a range of Southern African and international examples. At the end of the module the learner will be able to: Explain the basic principles of macroeconomics. Demonstrate knowledge of competing macroeconomic theories. Demonstrate knowledge of macroeconomic variables and the measurement of such variables. Explain the basic relationships between different macroeconomic variables. Recognise the relationships between national income, unemployment, budget deficit, money supply, interest rate, inflation rate, exchange rate and trade deficit. Construct a simple macroeconomic model based on aggregate demand and aggregate supply. Outline the implications of international trade and capital movements for macroeconomic aggregates in a small open economy. Module Title: Informatics 1B (Introduction to data structures (VB). Credits:
6. Purpose: To enable the learner to represent data in the memory of a computer. To enable the learner to develop object oriented and component based computer programs, in a computer language such as Visual Basic. To introduce the learner to introductory concepts of social and professional issues with relevance to Information Technology. At the end of the module the learner will be able to: Explain the meaning of abstract data types. Explain the structure of internal data types such as stacks, linked lists and queues. Explain the structure of external data types such as sequential, direct and indexed files. Explain and compare the object orientated programming paradigm and the component approach to program development. Develop object-oriented and component based programs in a computer language such as Visual Basic. Explain introductory concepts concerning social and professional issues. Information Technology. A minimum of two lectures will be spent on social and professional conduct in Information Technology. This knowledge will be explicitly tested by a compulsory exam question. Module Title: Financial Accounting 1T Credits: 15 Purpose The purpose of this module is to cover the basic concepts of accounting, the recording of various elementary transactions and the accounting cycle. This module deals with the recording and control of various assets and liabilities and the accounting records of a sole trader and a non-trading enterprise. This module familiarises the student with recording, classifying and interpreting financial data for a business. It includes a study of the journals, ledgers and financial statements used by these entities. It also covers credit instruments, depreciation of plant assets, internal control, and liabilities. At the end of the module the learner will be able to: Prepare journal entries (subsidiary journals)### post the entries to the ledger. Prepare a trail balance and correct the trial balance where necessary. Prepare the financial statements of a sole trader. Identify, explain, calculate, record, present and disclose receivables, payables, inventories, cash and property, plant and equipment. Prepare a reconciliation of debtors and creditors accounts. Prepare a statement of receipts and payments and financial statements of a non-trading enterprise. Prepare a bank reconciliation statement. Classify and interpret financial data for a business. Module Title: Informatics 2A (Database design). Credits:
7. Purpose: To ensure that the learner will have knowledge on theoretical aspects of database models (relational model), on the entity-relationship (E-R) modeling procedure and on the normalizing of a database's relations. To expose the learner to practical experience in the design of a relational database and the related E-R modelling and normalization. At the end of the module the learner will be able to: Do a critical analysis and comparison of different database models. Develop a relational database for the solution of business problems. Use entity-relationship modelling in the design of a 3NF relational database. Develop an object-orientated computer program in Visual Basic to manipulate a relational database. Module Title: IT Management 2A (Organization Wide Information). Credits:
8. Purpose: The purpose of this course is to expose learners to the basic and advanced principles of information and communication technologies so that the development of a basic computer system and its integration with business objectives can be lead. This includes the principles of enterprise wide technologies. At the end of this course the learner will be able to: Describe the basic principles of information and communication technology such as hardware, software, Internet, Intranet, Extranet. Integrate different information and communication technologies in support of the organisational goals. Explain enterprise wide information technology. Describe how workflow works and what technology is required for it. Module Title: Business Statistics 2T. Credits:
9. Purpose: The purpose of this module is to provide students with a working knowledge of quantitative analysis. It will provide future managers with the essential quantitative basis to be effective in the business world. It will provide an important tool in transforming raw data into meaningful, useful and usable information for decision-making. At the end the learner will be able to: Explain the importance of quantitative techniques in management. Perform statistical analyses to extract additional information from business data. Manipulate gathered data through various statistical methods. Prepare and interpret reports expressed in statistical terms. Assess validity of statistical findings. Module Title: Business Information Systems. Credits:
10. Purpose: The objective of this course is to provide students with an insight into and knowledge of information systems, computers and computer technology, as well as an introduction to the use of a computer and application software in a business environment. At the end of the module the learner will be able to: Describe the roles of information systems. Identify and explain the function of various hardware and software components. Discuss the Input, Process and Output Sequence. Advise on the benefits of enterprise systems for business functions. Comprehend the relationship between computer hardware, software, database management and telecommunications technologies. Explain how information technology is used in modern information systems to support the end user collaboration and managerial decision making. Module Title: Informatics 2B (Electronic commerce and Electronic Business). Credits:
11. Purpose: To ensure that a learner will have knowledge on the architecture and functioning of the Internet### will be able to explain how the Internet can be used in applications such as the WWW, e-commerce and e-mail and explain the roll of network security in the protection of information. To introduce the learner to ethical and professional issues with relevance to Information Technology. At the end of the module the learner will be able to: Evaluate the roll of the Internet in applications such as the WWW, e-commerce and e-mail. Give a critical evaluation of security measures in electronic commerce over the Internet. To develop a web page in a convenient language such as HTML. Design a simple three-tier client/server system with a web page as user interface, an object orientated server and a relational database for executing electronic commerce transactions over a network. Explain ethical and professional issues concerning Information Technology. Module Title: IT Management 2B (Management And Decision Making Support Systems. Credits:
12. Purpose: The purpose of this course is to expose learners to information technology and processes that will facilitate management and decision making in organisations. At the end of this course the learner will be able to: Understand and apply the principles of data warehousing and data mining. Understand and apply the basic principles of information security analyse and evaluate the benefits and drawbacks of information technology investments. Understand the impact of information technology on the organisation, individual and society. Module Title: Project Management 2T. Credits:
13. Purpose: The purpose of this module is to provide students with a structured approach to managing projects. It outlines the latest planning and control techniques used by industry in the management of projects. The key objective is to develop a fully integrated information and control system to plan, instruct, monitor and control large amounts of data, quickly and accurately to facilitate the problem-solving and decision making process. At the end the learner will be able to: Practice the process of project management and its application in delivering successful IT projects. Evaluate a project to develop the scope of work, provide accurate cost estimates and to plan the various activities. Use risk management analysis techniques that identify the factors that put a project at risk. Identify the resources required for a project and to produce a work plan and resource schedule. Monitor the progress of a project and to assess the risk of slippage, revising targets or counteract drift. Distinguish between the different types of project and follow the stages needed to negotiate an appropriate contract. Module Title: Management Accounting 2T. Credits:
14. Purpose: The purpose of this module is to provide the learner with information for sound management decision-making. The student will appreciate the value of management accounting with respect to the implementation of forecasting, planning and control. Furthermore, it will help develop cost control systems and financial reporting systems and ensures flexibility in response to changes in the environment. It also helps the student identify limitations in the organisation through an effective reporting system. At the end of the module the learner will be able to: Explain the need for pre-determined costs and management accounting systems. Distinguish between direct and indirect costs and fixed and variable costs. Calculate the value of stock using different valuation methods. Explain Absorption Costing. Explain Marginal Costing and Breakeven Analysis. Determine the optimal costing methods (Absorption Costing vs Marginal Costing). Explain the principles of effective budgeting. Implement Cost control using Standard Costing methods. Use techniques of Investment Appraisal. Module Title: Informatics 3A (Introduction to software engineering). Credits:
15. Purpose: To enable a learner to develop and implement computer systems for the solution of business problems. To obtain, on a practical level, experience in a team relationship### to identify, analyse and implement a prototype of a business system. At the end of the module the learner will be able to: Explain the principles of software engineering. Indicate the steps in the development of an IT business system. Develop an object oriented client/server system for the Internet. Analyse and develop a prototype of a business system in a team relationship. Module Title: IT Management 3A (IT Management). Credits:
16. Purpose: The purpose of this module is to expose learners to the various components involved in managing an IT facility to facilitate the economic and effective management thereof. Outcomes: At the end of this course the learner will be able to: Identify the components involved in the management of an IT facility. Appreciate the challenges in the management of an IT facility. Apply various management techniques to manage an IT facility economically and effectively. Module Title: Auditing 3T. Credits:
17. Purpose: The purpose of this module is to first introduce students to the concept of auditing and auditing standards. The module then outline audit responsibilities, control models, techniques (audit programmes, working papers, audit findings, etc.), scientific methods (risk assessment and sampling), reporting, information technology auditing, managing the internal audit function (quality assurance, controlling audit projects, etc.), audit relationships (auditees, external auditors and the board), risk-based auditing and control self-assessment. At the end of the module the learner will be able to: Be familiar with the Institute of Internal Auditors (IIA) standards. Describe the concept of internal control. Identify weaknesses and suggest improvements### understand the internal audit process. Utilise different tools and techniques in the audit process. Specify findings of the audit performed. Apply statistical sampling techniques and other quantitative methods in an auditing procedure. Be familiar with general and application controls in an information technology environment. Perform an audit of computer programmes and data files. Module Title: Systems Analysis and Design 3T. Credits:
18. Purpose: This module relates to systems analysis and design as applied to information systems and computer applications. It presents the learner with the tools, techniques and methods required in automation. The analysis of problems and processes in a logical manner, particularly through the use of mathematical models and formulas and with the aid of computers and other data processing equipment is covered. At the end the learner will be able to: Explain the system development life cycle. Explain the concepts, skills, methodology and techniques used in structured analysis and design. Utilise tools for analysis, design and development of the system. Explain the basic characteristics of object-oriented system. Analyze and design the object-oriented system. Module Title: Informatics 3B (Advanced software engineering). Credits:
19. Purpose: To enable the learner to convey a thorough knowledge of project management. To gain experience, on a practical level, on compiling a web page for promoting and marketing a business system. To be engaged in implementing and demonstrating a prototype IT business system developed in a team relationship. To introduce the learner to legal and professional issues with relevance to Information Technology. At the end the learner will be able to: Indicate the importance of project management aspects such as risk management, personnel management, task scheduling, measuring performance levels and quality management. Evaluate and apply software-testing strategies. Indicate the steps necessary to implement and operate an IT business system. Design a web page to market and promote an IT business system. Program, test and demonstrate a prototype IT business system developed in a team relationship. Explain legal and professional issues concerning Information Technology. A minimum of two lectures will be devoted to legal and professional Information Technology issues. Module Title: IT Management 3B (Social/Ethical aspects of IT). Credits:
20. Purpose: The purpose of this module is to expose learners to the basic principles involved in the legal- and ethical side of IT. This is done to prepare a learner to act as a professional person in the IT industry. At the end of this course the learner will be able to: Develop a better understanding of the human aspects of IT, specifically the ethical aspects in software. Appreciate the ethical behaviour of a professional person in the IT industry. Develop a basic understanding of the legal issues involved in IT. Understand and apply the basic principles of information security. Module Title: Project. Credits:
21. Purpose: The Capstone Project is an opportunity for students to complete the degree by addressing a practical, real world challenge using the skills and knowledge they have gained throughout their program of study. The Capstone Project culminates in a 30-40 page paper and presentation. The written report includes the outcomes of the student's experience in addressing the information management challenge identified in the proposal. At the end of this course the learner will be able to: To perform a sustained exercise in research in the field of human resource management. Demonstrate competency in research methodology. To write a research report. To draw conclusions and make appropriate recommendations arising out of the research.

Assessment Criteria