SAQA

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SOUTH AFRICAN QUALIFICATIONS AUTHORITY

REGISTERED QUALIFICATION THAT HAS PASSED THE END DATE:

Doctor of Commerce in Investment Management

SAQA QUAL ID	QUALIFICATION TITLE
112041	Doctor of Commerce in Investment Management
ORIGINATOR
University of Johannesburg
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY			NQF SUB-FRAMEWORK
-			HEQSF - Higher Education Qualifications Sub-framework
QUALIFICATION TYPE	FIELD		SUBFIELD
Doctoral 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	360	Not Applicable	NQF Level 10	Regular-Provider-ELOAC
REGISTRATION STATUS		SAQA DECISION NUMBER	REGISTRATION START DATE	REGISTRATION END DATE
Passed the End Date - Status was "Reregistered"		SAQA 091/21	2021-07-01	2023-06-30
LAST DATE FOR ENROLMENT		LAST DATE FOR ACHIEVEMENT
2024-06-30		2027-06-30

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 primary purpose of this qualification is to provide qualifying learners with applied competencies and practical skills in the mastering, interpretation, understanding and application of investment management principles. Through the doctoral thesis in which the qualification finally culminates, a qualifying learner would show evidence of independent and original scientific work. The thesis should constitute a decided contribution to knowledge of and insight into the subject disciplines as well as the field of research. Qualifying learners should also display competence in the application of related research methodology, and the proper written and/oral communication of the research process and findings.

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING

Learners accessing this qualification should demonstrate their ability to read, analyse and reflect on study material and relevant literature on a masters level (NQF 8). Learners should be able to communicate effectively using academic Afrikaans/English in written and oral form. Learners must be able to manage their own study programme and time effectively and show evidence of independent and original scientific work. Learners must have acquired applied competence in investment management principles and be able to take strategic decisions in the context of the investment management sector. Learners must be able to make managerial decisions and reflect on applications.

A learner who is in possession of a Masters Degree in Investment Management on NQF Level 8 may apply for admission to this qualification. The Department of Business Management may acquire an additional study programme as a prerequisite for the learner's admission. A learner submits proof of his/her qualification and experience, as well as a research proposal. The department must specifically approve the research topic, problem statement, research objectives, research methodology and study programme before the learner may register as student and commence with his/her studies. The Dean of the Faculty of Economic and Management Sciences may refuse a learner admission to this Degree if of the opinion that the learner's academic background is insufficient. The proposed topic and promoter for the thesis must also be approved by the Executive Committee of the Senate on recommendation of the Faculty Board.

Recognition of Prior Learning:
Current competencies in the field of investment management that have been acquired by experiential learning in this field through related studies and/or experience will be assessed. Such competencies may assist the learner in gaining access to the programme, advanced placement in it or recognition of Degree status on condition of continuing studies at this institution.

RECOGNISE PREVIOUS LEARNING?

EXIT LEVEL OUTCOMES

The learners should be able to:

1. Assess and apply investment management concepts and principles in highly specialised and unpredictable contexts; identifying and analysing complex issues and problems relating to investment management strategies and policies propose and implement alternative course of action and solutions;
2. Work in a team with, a variety of role players, including political role players, professional and administrative members of the investment management profession, as well as people on the grassroots level related to the business;
3. Act responsibly with respect to, and accept responsibility for, activities undertaken in course of his/her specialised evaluation and application of investment management concepts and principles
4.Through independent study and teamwork, plan and undertake research in investment management, including gathering, analysing, integrating and interpreting related complex and highly advanced information.
5. Communicate effectively, with different role players in investment management orally and in writing by applying principles of communication and reflecting on the communication skills applied;
6. Utilise management technology appropriate to the investment management environment;
7. Reflect on the importance and role of investment management and the management thereof on a on a macro-and a micro-level;
8. Explore and analyse different learning strategies to acquire and improve the various skills and capabilities required of an investment management practitioner;
9. Contribute towards the level of professionalism and expertise, effectiveness and efficiency of, the investment management profession, thus have a positively impact on the economy and contributing to the redress of poverty redress of poverty in the country;
10. Demonstrate a positive approach towards different communities and sensitivity towards social, economic and cultural differences and needs, in these communities regarding the distribution of goods:
11. Effectively seek employment and entry into the investment management profession as highly specialised and advanced, technical or research specialist (both across the investment management discipline and on an interdisciplinary basis) and thus establish for himself/herself a specialised and advanced career therein;
12. Effectively and responsibly organise and co-ordinate resources and opportunities, including own activities, and taking into consideration the financial implications thereof.

ASSOCIATED ASSESSMENT CRITERIA

The learner can/has:
1. An ability to identify, analyse and solve complex issues and problems, demonstrating critical and creative thinking about investment management concepts and principles, in highly specialised and unpredictable contexts. The learner must evaluate and, where relevant, correctly apply complex and advanced concepts and approaches to investment management problems strategies and policies; thus proposing and implementing alternative courses of action and solutions. The learner must be able to reflect on the application made and assess the success, or otherwise, thereof.
2. Work in a team. The learner must demonstrate an acceptable level of social sensitivity in his/her relationships with others and work effectively in a management team by implementing the relevant theory and reflecting on the implementation made. Display a thorough, specialised knowledge and understanding of the various role players involved in, or affected by, the investment management.
3. Act responsibly and honestly in interactions with other role players in the investment management profession. The learner must also display an ability to accept responsibility for any activities required of him /her in his/her evaluation ad application of the various investment management concepts and principles, particularly in highly specialised and unpredictable contexts.
4. Plan and execute research in the field of investment management, including the correct gathering, analysing, integrating and interpretation of information on investment management issues, by utilising relevant theoretical and highly specialised and advanced research principles and reflecting on the research undertaken. The learner must be able to show that he/she can plan and undertake complex research through independent study and teamwork, both across the investment management discipline and on an interdisciplinary basis.
5. Effectively and professionally communicate with the different role players in the field of investment management in an academic and practical manner by applying the theoretical principles of communication and reflecting on the application made. This should be done orally and/or in writing and include the use of visual/graphic aids.
6. An insight into and operate necessary management technology, in particular specified computer hardware and software including internet and databases. The learner must use a computer as well as investment management related databases skillfully. The learner must show that his/her command of the management technology is sufficient to support advanced research in complex and unpredictable contexts.
7. Reflect on the importance and role of investment strategy and the management thereof, internationally, regionally, nationally, provincially and locally. The learner must also discern between, analyse and explain the roles of investment management on macro and micro-levels.
8. Identify and continue to develop the different and specialised skills and competencies necessary in the execution of the activities and responsibilities of an investment manager, professional or regulator.
9. Analyse and explain the link between the number of investment management professionals, and level of professionalism in investment management, as well as the effectiveness and efficiency of business and therefore of the economy. The learner must evaluate the role that more effective and efficient businesses will have in the economy and the impact which this will, in turn, have on the standard of living of the country's population (e. g. the redress of poverty).
10. Demonstrate a positive and specialised approach towards the different communities and sensitivity towards the social, economic and cultural differences within these communities. The learner must analyse the particular distribution needs of different communities, taking into consideration their various social, economic and cultural differences and therefore their different needs and requirements with respect to investment management. The learner must show an ability to apply investment management concepts and principles to make proposals within complex and unpredictable contexts that will improve the circumstances of these communities.
11. Demonstrate acceptable employment seeking skills for entry into investment management profession by applying theoretical principles of employment seeking and career-pathing, as well as reflecting on the application thereof. The learner must demonstrate an ability to undertake academic leadership, advanced research, professional practice based on research and/or senior managerial occupations. The learner must also demonstrate that he/she has acquired specialised and advanced competencies in his/her chosen in investment management career.
12. Demonstrate an ability to effectively and responsibly plan, resource, organise, coordinate and optimise the resources, opportunities and processes particularly engaged in the field of investment management by applying relevant theoretical aspects and reflecting on the application made. The learner must also demonstrate an advanced level of responsibility and organisational ability with respect of his/her own activities. Finally, the learner must demonstrate a detailed knowledge of the financial implications of all activities undertaken.

Integrated Assessment:
Formative assessment practices that will be implemented:

The learner must attend compulsory discussions with his/her promoter according to a prescribed programme. If the learner is not making satisfactory progress and not meeting the requirements of the department of Business Management, his/her registration shall be cancelled by the Dean of the faculty of Economic and Management Sciences on recommendation by the Departmental Chairperson.

Summative assessment practices that will be implemented:

Integrated assessment, focusing on the achievement of the exit-level outcomes, will be done by means of a thesis and an article ready for publication to the promoter. The thesis must furnish proof that the learner is capable of scientific research and the application thereof. Under normal circumstances, 300 pages for a thesis in one and a half spacing on an A4 page will suffice. The department of Business Management may institute other requirements for thesis.

ARTICULATION OPTIONS

Access to qualifications on a lower level:
Learners that have successfully completed the D. Com programme can apply to be admitted to any management or related programmes, including Certificates, Diplomas or Degrees on NQF Level 5 to 8 subject to the admission criteria of the institution.

Access to qualifications on the same level:
A learner who has registered for the same or another related Degree at another recognised higher education institution, or a related Degree at RAU, can enter this qualification in midstream, with the permission and motivation of his/her supervisor.

The learner who wishes to exit the RAU D. Com (Investment Management) on NQF Level 8 in mid-stream, i.e. change to another similar degree at RAU or another higher education institution, may do so, with the permission and motivation of his/her new promoter.

Access to qualifications on a higher-level:
The learner who has successfully completed the D COM (Investment Management) NQF Level 8 qualification will have the opportunity for further study at another educational institution through a Doctoral study NQF Level 8 in Investment Management or a related field.

MODERATION OPTIONS

Both internal and external examiners are appointed by the Dean of the Faculty of Economic and Management Sciences upon recommendation by the Department of Business Management. The internal and external examiners must assess the thesis of the learner, and submit a report regarding the thesis, clearly indicating whether the thesis is accepted unammended or after improvements have been made, whether it is referred back for revisions and re-submission for examination, or whether it is rejected.

There must be at least one internal examiner (who acted as promoter for the study) for a doctoral learner and there must be at least two external examiners who are regarded as a specialist in the chosen field of study.

CRITERIA FOR THE REGISTRATION OF ASSESSORS

Qualified assessors for assessing the learner undertaking this qualification, in terms of foundational, practical and reflexive outcomes per module, will be appointed by the Faculty of Economic and Management Sciences of this institution, upon recommendation of the Department, and based on one or more of the following criteria:

Assessors for the learner undertaking this qualification should be applicably qualified in the area of investment management and should be in possession of at least relevant doctorate on NQF Level 8.

Assessors for the learner undertaking this qualification should have necessary learning and job experience in the area of investment management.

Assessors for the learner undertaking this qualification should have experience in the field of education and training, particularly with respect to the subject of investment management.

Assessors should also be well informed of what is required of them in connection to the assessment of the learner.

NOTES

N/A

LEARNING PROGRAMMES RECORDED AGAINST THIS QUALIFICATION:

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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.

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