Bachelor of Commerce
Business, Commerce and Management Studies - Finance Economics and Accounting
Purpose and Rationale
Qualification Overview
Purpose:
The main purpose of this qualification is to provide learners with broad background knowledge and expertise in the field of business, commerce, and industry, including the public sector, with opportunities for self-employment as entrepreneurs. Upon successful completion, learners will master foundational competencies in:
- Accounting
- Strategic business management
- Commercial law
- Economics
- Entrepreneurship and small business management
- Quality management
Additionally, learners can specialize in elective fields such as Accounting, Financial Management, Human Resource Management, Industrial Psychology, Performance Management, Public Relations, Sales Management, Strategic Marketing, Taxation, and Training and Development.
Rationale:
This qualification meets the needs of the business and public sectors by providing learners with a comprehensive understanding of strategic management in business, commerce, and industry. It also equips learners with managerial competencies in specialized areas such as economics, commercial law, accounting, human resources management, and marketing. The qualification addresses the ongoing demand for entrepreneurial business managers, contributing to the country's development and economy by fostering critical thinking, analytical skills, and innovation in business.
Target Learners:
Typical learners pursuing this qualification would transition from the schooling system with the requisite admission criteria. Graduates of this qualification can further their education by pursuing an Honour's degree in accounting, business management, business administration, human resource management, public administration, or related fields. The qualification, including the Work Integrated Learning (WIL) component, aims to equip learners with competencies relevant to the workplace.
Outcomes
- Demonstrate an integrated understanding of strategic business management.
- Evaluate Commercial Law within a South African context.
- Demonstrate an integrated understanding of global economics.
- Apply accounting systems and processes in the business environment. Critical Cross-Field Outcomes: This programme aims to develop all the Critical Cross-Field Outcomes.
Assessment Criteria
Associated Assessment Criteria for Exit Level Outcome 1:
- 1.1 Management principles, approaches, and practices are analysed to determine the business manager's roles and tasks in providing strategic direction to an organisation.
- 1.2 Analysis of basic principles, concepts, and theories of strategic management within the business context.
- 1.3 Analysis of principles, concepts, and theories of entrepreneurship to identify new business opportunities.
- 1.4 Analysis of small business management practices and principles in South African and international contexts.
- 1.5 Analysis of information systems and technologies for their value in the business management environment.
- 1.6 Analysis of quality management principles, approaches, and practices in the business environment.
Associated Assessment Criteria for Exit Level Outcome 2:
- 2.1 Analysis of the legislative and legal framework of South Africa from a business, commerce, and industry perspective.
- 2.2 Analysis of relevant legislative and legal practices of South Africa to determine their implications on business, commerce, and industry.
- 2.3 Evaluation of business-related contracts against the relevant legal framework.
Associated Assessment Criteria for Exit Level Outcome 3:
- 3.1 Comparison of standard economic theory and behavioural economic theory from a global perspective.
- 3.2 Analysis of diverse forms of enterprise and economic systems from a global perspective.
- 3.3 Analysis of market behavior with reference to volume, volatility, and predictability from a global perspective.
- 3.4 Analysis of proposals for solutions to various economic, organizational, business, and social challenges from a business, commerce, and industry perspective.
Associated Assessment Criteria for Exit Level Outcome 4:
- 4.1 Analysis of basic concepts and principles of financial accounting as applied in a business.
- 4.2 Analysis of different source documents used in a business to determine their purposes.
- 4.3 Performance of basic financial transactions within a business environment.
- 4.4 Analysis of financial statements using ratio analysis.
- 4.5 Selection of applicable financial software for use in a business context.
Integrated Assessment:
- Formative assessment will be continually applied throughout the learning process.
- Summative assessment will ensure the achievement of each learning outcome and/or module.
- Extensive integrated assessment will be applied across the modules of learning to ensure the integrated achievement of the Exit-Level Outcomes.
Qualification Details
- Type
- National First Degree
- NQF Level
- 07
- Min. Credits
- 372
- SAQA Source
- More Information
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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.