University of Limpopo

Bachelor of Commerce in Accountancy

Business, Commerce and Management Studies - Finance Economics and Accounting

Purpose and Rationale

Introduction to Commerce and Business

Welcome to the world of commerce and business! This program is designed to equip you with the basic principles and skills needed to start your own business or effectively manage one as a manager.

Program Overview:

  1. General Management: This program will make you competent in the general management of an organization. You will learn about leadership, decision-making, and problem-solving skills essential for managing a business effectively.

  2. Financial Management: You will be taught the fundamentals of financial management, including budgeting, financial planning, and financial analysis. These skills are crucial for ensuring the financial health and success of a business.

  3. Production Management: Understanding production management is important for optimizing processes, increasing efficiency, and ensuring quality. You will learn how to manage resources, production schedules, and quality control measures.

  4. Marketing Management: Marketing is essential for promoting a business's products or services, attracting customers, and building brand awareness. You will learn about market research, branding, advertising, and sales strategies.

Importance of the Program:

Given the high unemployment rate and the difficulty of finding suitable employment in the region, this program is of utmost importance. By equipping you with the knowledge and skills to start and manage a business, we aim to empower you to create your own opportunities and contribute to economic growth.

Analytical Skills:

In the ever-changing world of finance, having strong analytical skills is crucial. This program will develop your ability to analyze financial data, identify trends, and make informed decisions. You will also learn how to adapt to new concepts and skills in response to changes in the business environment.

By the end of this program, you will be well-prepared to navigate the complexities of the business world and succeed as an entrepreneur or business manager. We look forward to supporting you on this exciting journey!

Outcomes

  1. The learner should be able to prepare and interprete financial statement.
  2. To compete budgets and prepare feasibility studies, to enhance decision-making process in a corporate as well as other commercial entities
  3. To produce cost statement applicable to manufacturing enterprises in order to facilitate profitability analysis
  4. To carry out financial and tax consultancy services
  5. To perform the duties of internal auditing
  6. Formulating effective credit control policies and procedures

Assessment Criteria

Assessment Methods:

  1. Formal Examination: The learner will be tested through a formal examination at the end of each semester. This examination will determine the learner's level of competency and understanding of the course material.

  2. Assignments: The learner will be assessed on assignments that will test their communication skills, initiative, and organizational abilities. These assignments will be given throughout the semester to ensure a comprehensive assessment of the learner's progress.

  3. Integrated Assessment: Competence of the learner will be evaluated through a combination of the following methods:

    • Final examination after each module at the end of each semester.
    • Assessment of assignments and practicals.
    • Continuous evaluation throughout the year, which will be considered in the final assessment.

By utilizing a variety of assessment methods, the learner's performance can be effectively measured, ensuring a comprehensive evaluation of their skills and knowledge in the subject matter.

Qualification Details

Type
National First Degree
NQF Level
07
Min. Credits
360
SAQA Source
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University of Limpopo
Description
The University of Limpopo is a comprehensive university located in the Limpopo province of South Africa. It was established in 2005 through the merger of the University of the North and the Medical University of South Africa. The university offers a wide range of undergraduate and postgraduate programs across various disciplines, including health sciences, natural and agricultural sciences, humanities, management sciences, and education. It is known for its commitment to providing quality education, conducting research that addresses societal challenges, and promoting community engagement. The University of Limpopo strives to produce graduates who are equipped with the knowledge and skills necessary to contribute to the development of the region and the country as a whole.

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.