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SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED QUALIFICATION: 

Bachelor of Commerce Honours in Econometrics 
SAQA QUAL ID QUALIFICATION TITLE
102437  Bachelor of Commerce Honours in Econometrics 
ORIGINATOR
University of Johannesburg 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY NQF SUB-FRAMEWORK
-   HEQSF - Higher Education Qualifications Sub-framework 
QUALIFICATION TYPE FIELD SUBFIELD
Honours Degree  Field 03 - Business, Commerce and Management Studies  Finance, Economics and Accounting 
ABET BAND MINIMUM CREDITS PRE-2009 NQF LEVEL NQF LEVEL QUAL CLASS
Undefined  120  Not Applicable  NQF Level 08  Regular-Provider-ELOAC 
REGISTRATION STATUS SAQA DECISION NUMBER REGISTRATION START DATE REGISTRATION END DATE
Reregistered  EXCO 0821/24  2021-07-01  2027-06-30 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2028-06-30   2031-06-30  

In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise.  

This qualification does not replace any other qualification and is not replaced by any other qualification. 

PURPOSE AND RATIONALE OF THE QUALIFICATION 
Purpose:
The purpose of this qualification is to provide qualifying learners with applied competence, on a postgraduate level, in the mastering, analysis, interpretation and understanding economic principles and methods, with a special focus on Econometric techniques.

Rationale:
This qualification will prepare learners to reflect on their own economic applications to assess the effect thereof in the holistic context of Economics as a social science within their everyday lives and lastly, it will prepare them for further study in Economics and Econometrics as a science. 

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
Recognition of Prior Learning(RPL):
Recognition of Prior Learning(RPL) in the case of learners not complying with the formal entry requirements will be conducted in accordance with the policy and guidelines of the University concerning the recognition of other forms of formal, informal and non-formal learning and experience. Recognition takes place only where prior learning corresponds to the required National Qualifications Framework(NQF) Level, and in terms of applied competencies relevant to the content and outcomes of the qualification. Through Recognition of Prior Learning(RPL) learners may gain access, or advanced placement, or recognition of status, on condition that they continue their studies at this University.

Entry Requirements:
The minimum entry requirement for this qualification is the:
  • Bachelor's Degree registered at National Qualifications Framework(NQF) Level 7 and a major in Economics as well as appropriate background in Econometrics and/or Statistics (NQF Level 5). 
    		•

    RECOGNISE PREVIOUS LEARNING? 
    Y 

    QUALIFICATION RULES 
    This qualification comprises of compulsory and elective modules at National Qualifications Framework(NQF) Level 8 totalling at 123 Credits.

    Compulsory Modules, Level 8, 101 Credits:
  • Advanced Micro-economics, 12 Credits.
  • Research Project, 30 Credits.
  • Advanced Econometric Model Building/Econometrics, 18 Credits.
  • Advanced Time Series Analysis/Econometrics 4A, 18 Credits.
  • Quantitative Economics 4, 11 Credits.
  • Advanced Macro-economics, 12 Credits.

    Elective Modules, Level 8 (Choose two: 22 Credits):
  • Monetary Policy B, 11 Credits.
  • Economic Issues in Developing Countries, 11 Credits.
  • Financial Economics A, 11 Credits.
  • Financial Economics B, 11 Credits.
  • International Trade: Theory and Policy Issues, 11 Credits.
  • Monetary Theory A, 11 Credits.
  • National and Local Government Finance, 11 Credits. 
    		•

    EXIT LEVEL OUTCOMES 
    1. Meet the distinct need in the private and public sectors for well trained econometricians/analysts/researchers. These needs include analytical, mathematical and practical skills to analyse the economy and the econometrician/analyst/researcher needs to be able to give advice to role players to implement decisions.
    2. Utilise the necessary theoretical and practical knowledge acquired to be able to perform their duties as a specialist on econometrics in the workplace and/or in the academy as this qualification is both a professional and academically focused learning qualification. 

    ASSOCIATED ASSESSMENT CRITERIA 
    The Associated Assessment Criterion highlighted below will be integrated within the Exit Level:
  • Demonstrate the ability to identify and solve problems in the field of economic, business and financial management correctly by applying the theoretical principles correctly and reflect on the application made.
  • Plan and undertake research in the field of economic, business and financial management, including the gathering, analysing, synthesising and interpretation of information on economic, business and financial management issues correctly utilising the relevant theoretical research principles and reflect on the research undertaken.
  • Communicate effectively orally and in writing with different role players in the field of economic, business and financial management by applying the theoretical principles of communication and reflect on the application made correctly.
  • Develop an accountable and effective theoretical and practical macro-vision of economic, business and financial management internationally, nationally, provincially, regionally and locally.
  • Organise and coordinate resources and opportunities in the field of economic, business and financial management effectively and responsibly by applying the relevant theoretical aspects and reflect on the application thereof.
  • Accept the responsibility for their own activities in the field of economic, business and financial management.
  • Practise acceptable social sensitivity in the relationships with others and work effectively in a team by implementing the relevant theory and reflect on the implementation thereof.
  • Utilise appropriate management technology (e.g. computer and e-mail) effectively in the economic, business and financial management environment.
  • Explore different effective learning strategies to acquire different skills within the field of economic, business and financial management.
  • Promote responsible citizenship through their approach towards their holistic application of management capabilities within the field of economic, business and financial management.
  • Practice acceptable social, cultural and aesthetic sensitivity towards the different role players in the economic, business and financial management industry by applying the appropriate theoretical principles and reflect on the application made.
  • Demonstrate the acceptable employment seeking skills for entry into the different sectors of the economic, business and financial management industry by applying the theoretical principles of employment seeking and reflect on the application thereof.

    Integrated Assessment:
    The qualification is coherently aligned in that all teaching, learning and assessment activities are linked to module and qualification outcomes. Assessment methods are varied and includes summative and formative assessment to enhance applied competence from learners and facilitate authentic assessment and learning. Assessment will not only be used to determine whether outcomes were achieved, but also to generate data for grading and provide feedback in order to improve the curriculum. In order for all the assessment purposes to be achieved, Summative Assessment Approach (semester tests, examinations and the research project) forms part of assessment methods. 
    		•

    INTERNATIONAL COMPARABILITY 
    The University of Otago in New Zealand offers a Bachelor of Commerce Honours (major in Econometrics) which is similar to the qualification offered by the University of Johannesburg in terms of the qualification purpose and outcomes, and duration. The qualification differs in terms of entry requirements and credit weighting.

    The University of Auckland in New Zealand offers a Bachelor of Commerce Honours (major in Econometrics) which is similar to the qualification offered by the University of Johannesburg in terms of the qualification purpose, duration of study, entry requirements and credit weighting. 

    ARTICULATION OPTIONS 
    This qualification allows for both vertical and horizontal articulation options:
    Horizontal Articulation:
  • Postgraduate Diploma in Business Management, Level 8

    Vertical Articulation:
  • Master of Commerce in Economics, Level 9. 
    		•

    MODERATION OPTIONS 
    N/A 

    CRITERIA FOR THE REGISTRATION OF ASSESSORS 
    N/A 

    NOTES 
    N/A 

    LEARNING PROGRAMMES RECORDED AGAINST THIS QUALIFICATION: 
     
    NONE 


    PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS QUALIFICATION: 
    This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here.
     
    NONE 


    All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.