Bachelor of Commerce Honours in Quantitative Finance
Business, Commerce and Management Studies - Finance Economics and Accounting
Purpose and Rationale
Purpose:
The purpose of the qualification is to provide learners with the required theoretical and practical training needed to understand and implement mathematical financial models. The qualification is needed for entry into professional practice or management positions in the quantitative finance services industry. The curriculum covered in the qualification provides an in-depth groundwork for further learning and specialisation within financial engineering field and advanced quantitative finance. The provision of self-reflexive, scientifically trained professionals for the South African financial services industry builds our national, intellectual and economic infrastructure.
Rationale:
The rationale for this qualification is to improve the current academic offering of the Department of Finance and Investment Management. On the Investment Management side, only a broad based Honours Degree is currently being offered. The Bachelor Commerce Finance Degree in Quantitative Finance is a specialised qualification that is currently in demand in industry due to its specialised nature. The qualification will provide much needed quantitative skills to the market and it will create an additional opportunity for learners with mathematical backgrounds. By adding mathematics to the B Com Finance degree, it enhances the current offering to undergraduate learners building the brand of the Department, Faculty and University of Johannesburg as a whole.
Outcomes
- Demonstrate knowledge and understanding of all content that is required to develop an accurate understanding of the subject matter.
- Demonstrate an advanced understanding of the subject matter.
- Evaluate problems and provide insightful solutions.
- Demonstrate leadership and initiative.
- Reflect and explore effective learning strategies.
- Participate as a responsible citizen.
Assessment Criteria
Associated Assessment Criteria for Exit Level Outcome 1:
- Interpret stochastic differential equations, stochastic calculus, and other mathematical tools.
Associated Assessment Criteria for Exit Level Outcome 2:
- Present an advanced understanding of key aspects and implications of specified systems, solutions, specified bodies of content, and their effect in financial mathematics.
Associated Assessment Criteria for Exit Level Outcome 3:
- Examine multiple options of applying and integrating mathematical knowledge to solve theoretical, applied, or real-life financial engineering problems.
Associated Assessment Criteria for Exit Level Outcome 4:
- Exhibit an ability to reflect on self and others, be critical of own and other people's thoughts and actions, and demonstrate self-organization and the ability to work in groups in challenging environments.
Associated Assessment Criteria for Exit Level Outcome 5:
- Demonstrate consciousness of and engagement with own learning and learning strategies.
Associated Assessment Criteria for Exit Level Outcome 6:
- Demonstrate the ability to conduct oneself as an independent learner and practitioner.
Integrated Assessment:
- As per Institutional/Faculty policy.
Qualification Details
- Type
- Honours Degree
- NQF Level
- 08
- Min. Credits
- 120
- SAQA Source
- More Information
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