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SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED QUALIFICATION: 

Bachelor of Commerce Honours in Finance 
SAQA QUAL ID QUALIFICATION TITLE
109172  Bachelor of Commerce Honours in Finance 
ORIGINATOR
University of the Western Cape 
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
Registered-data under construction  EXCO 0324/24  2024-07-01  2027-06-30 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2028-06-30   2031-06-30  

Registered-data under construction

The qualification content is currently being updated for the qualifications with the status “Registered-data under construction” or showing “DETAILS UNDER CONSTRUCTION” to ensure compliance with SAQA’S Policy and Criteria for the registration of qualifications and part-qualifications on the National Qualifications Framework (NQF) (As amended, 2022). These qualifications are re-registered until 30 June 2027 and can legitimately be offered by the institutions to which they are registered.

 

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.  

PURPOSE AND RATIONALE OF THE QUALIFICATION 
The purpose of the Bachelor of Commerce Honours in Finance is to focus on the underlying concepts in financial management and management control within the context of strategic management, through the study of appropriate textual and journal material; create the structure which affords the leaners an opportunity to develop a rational approach to financial management in a relatively unstructured academic environment; provide opportunities for learners to receive instruction and to discuss financial planning, management and control issues in depth.

Upon completion, the learner will have to demonstrate the ability to:
  • Correctly apply advanced theoretical principles of problem identification and solution in the Finance field and reflect critically on the application thereof.
  • Plan and conduct a research project in the field of Finance, including gathering, analysing, synthesizing and interpreting information, utilizing appropriate research principles, and reflect critically on the research undertaken.
  • Explore and apply different learning strategies to acquire advanced multidisciplinary capabilities in the Finance field.
  • Communicate effectively orally and in writing by applying professional communication principles and reflecting critically on the application thereof in the Finance field.
  • Utilise appropriate technology (computer software) effectively to solve complex problems in the Finance environment.
  • Integrate managerial and cognate disciplines to develop an advanced theoretical and practical understanding of the international and national business environment.
  • Practise acceptable social sensitivity in the relationship with others and work effectively in a team by reflecting critically on the implementation thereof.
  • Practise responsible citizenship through a holistic approach to the application of professional ethics and values in the Finance field.

    The qualification is a Postgraduate specialisation qualification that serves to consolidate and deepen the students a professional expertise in Finance and to develop specialised capacity in the methodology and techniques in this field and submit a research report relevant to area of Finance.

    Rationale:
    Finance is a science of asset and liability management. As a niche area of commerce, the quality of research and innovation in Finance is a crucial element for solving complex Financial/Investments problems for individuals and organisation. The qualification is designed to enhance the analytical reasoning and research skills of the learners who would like to engage in innovative activities and make sound decisions based on scientific financial techniques and approaches. The qualification aims at developing future decision-makers in the Finance scarce-skill field by incorporating the rigorous curriculum with a focus of small group engagement/teamwork and individual supervision on research activities. 
    		•

    LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    Recognition of Prior Learning (RPL):
    The institution provides access to the qualification in terms of the RPL policy and its admission criteria. In the RPL process learners have to undergo a Portfolio Development Course (PDC) to support the learners admission. The PDC will focus on written submission explaining the reasons for the learner's interest in the in the discipline as an adjunct to their existing professional competencies and indicating the nature of a possible research project.

    Entry Requirements:
    The minimum requirement is:
  • Bachelor's Degree in Finance, NQF Level 7.
    Or
  • A relevant qualification in the related field, NQF Level 7. 
    		•

    RECOGNISE PREVIOUS LEARNING? 
    Y 

    QUALIFICATION RULES 
    This qualification comprises of compulsory and elective modules at Level 8 totalling at 120 Credits.

    Compulsory Modules, Level 8, 75 Credits:
  • Finance Research Report, 30 Credits.
  • Advanced Financial Management, 15 Credits.
  • Financial Analysis, 15 Credits.
  • Statistics for Investments, 15 Credits.

    Elective Modules, 30 Credits (Select one or two modules from the groups):
    Group 1:
  • Advanced Management Accounting, 15 Credits.
  • Financial Accounting, 15 Credits.

    Group 2:
  • Finance Seminar (Currency risk), 15 Credits
  • Financial Statement Analysis, 15 Credits.
  • Insurance Long Term, 15 Credits.
  • Insurance Short term, 15 Credits.
  • Retirement Planning, 15 Credits.
  • Financial Accounting, 15 Credits.
  • Investment Analysis, 15 Credits.
  • Contemporary Management Topics, 15 Credits.
  • Management Information Systems, 15 Credits.
  • Project Management, 15 Credits.
  • Quantitative Management Topics, 15 Credits.
  • Strategic Management, 15 Credits. 
    		•

    EXIT LEVEL OUTCOMES 
    1. Correctly apply advanced theoretical principles of problem identification and solution in the Finance field and reflect critically on the application thereof.
    2. Plan and conduct a research project in the field of Finance, including gathering, analysing, synthesizing and interpreting information, utilizing appropriate research principles, and reflect critically on the research undertaken.
    3. Explore and apply different learning strategies to acquire advanced multidisciplinary capabilities in the Finance field.
    4. Communicate effectively orally and in writing by applying professional communication principles and reflecting critically on the application thereof in the Finance field.
    5. Utilise appropriate technology (computer software) effectively to solve complex problems in the Finance environment.
    6. Integrate managerial and cognate disciplines to develop an advanced theoretical and practical understanding of the international and national business environment. 

    ASSOCIATED ASSESSMENT CRITERIA 
    The following Associated Assessment Criteria applies across all the Exit Level Outcomes:
  • Demonstrate adequate level of relevant text comprehension.
  • Access adequate range of relevant sources and relevant problems to have been grasped.
  • Present appropriate theoretical and practical assignments and case studies as well as solutions to problems.
  • Ability to work in a team environment and to be able to manage a project in this context.
  • Continuous reflection of lecture material via class or group participation.
  • Reflection on a particular topic/theme in the module via semester tests during the year.
  • Develop the analytical reasoning ability in practical work via analytical work/discussion on practical case on past/current events.
  • Deep understanding of development in empirical debates on important topics via submission of summary discussion on important empirical topics and arguments.

    Integrated Assessment:
    The University adopted a Continuous Assessment System. Assessment consists of a number of assessment events throughout the year and a variety of assessment instruments used (for example, tests, essays, practical reports, project reports and oral presentations). 
    		•

    INTERNATIONAL COMPARABILITY 
    The qualification is designed to embed the major aspects of the Candidate Body of Knowledge (CBOK) outlined in the Chartered Financial Analyst (CFA) qualification in the curriculum. The CFA designation is ultimately the most recognized international professional qualification for practitioners in the Finance and Investments fields. Aligning the module contents to CBOK of the CFA program is a necessary step to ensure that our programme is competitive to the Postgraduate Finance programs offered by reputable institutions internationally. 

    ARTICULATION OPTIONS 
    This qualification allows possibilities for both vertical and horizontal articulation.

    Horizontal Articulation:
  • Postgraduate Diploma in Financial Planning, NQF Level 8.

    Vertical Articulation:
  • Master of Commerce in Finance, NQF 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.