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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. |
| SOUTH AFRICAN QUALIFICATIONS AUTHORITY |
| REGISTERED QUALIFICATION: |
| Bachelor of Commerce in Politics, Philosophy and Economics |
| SAQA QUAL ID | QUALIFICATION TITLE | |||
| 122861 | Bachelor of Commerce in Politics, Philosophy and Economics | |||
| ORIGINATOR | ||||
| Regenesys Management (Pty) Ltd | ||||
| PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY | NQF SUB-FRAMEWORK | |||
| CHE - Council on Higher Education | HEQSF - Higher Education Qualifications Sub-framework | |||
| QUALIFICATION TYPE | FIELD | SUBFIELD | ||
| National First 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 07 | Regular-Provider-ELOAC |
| REGISTRATION STATUS | SAQA DECISION NUMBER | REGISTRATION START DATE | REGISTRATION END DATE | |
| Registered | EXCO 0527/24 | 2024-10-03 | 2027-10-03 | |
| LAST DATE FOR ENROLMENT | LAST DATE FOR ACHIEVEMENT | |||
| 2028-10-03 | 2033-10-03 | |||
| 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 Bachelor of Commerce in Politics, Philosophy and Economics is to provide a well-rounded, broad education that equips graduates with the knowledge base, theory and methodology of disciplines and fields of study, and to enable them to demonstrate initiative and responsibility in an academic or professional context. The qualification will equip learners with fit-for-future knowledge and skills to become leaders in a diverse and global economy. The curriculum and exit level outcomes of the qualification are structured to ensure that learners will graduate as well-rounded commerce professionals with the ability to approach decision-making and problem-solving initiatives from new perspectives, whilst simultaneously being able to lead a diverse and multicultural workforce. Successful graduates will be able to participate in a range of commercial activities many of which lie in the field of commercial expansion based on a sound understanding of political trends, philosophical theories, and the way each of these spheres interact with the economics of both a country and the world. Learners will be able to perform an effective analysis of finances from both a commercial and industrial perspective and assessed by various philosophical approaches. Graduates will be problem-solvers adept at managing industrial relations, interpreting labour relation law, and evaluating supply chains not only within South Africa but on the global stage and to articulate into a diverse range and scope of postgraduate commerce-related fields of study. Rationale: The Covid-19 pandemic changed the way local and international trade takes place with digital technologies softening the barriers some enterprises faced when entering the global market. As a result of these changes, it is important for commerce graduates to be exposed to both local and international theories, to have a foundational knowledge of the role of digital concepts in business management, and to navigate various political or financial scenarios and worldwide economies through the lens of a variety of philosophies. It is essential for institutions to produce graduates who have a firm understanding and capability in commerce to promote commercial innovation via multi-disciplinary approaches. The qualification will contribute to the growth of the national economy (GDP) and lasting international relations within the global marketplace. The development of the qualification was influenced by the institution's strategic decision to develop leaders and organisations not only from a managerial context but to awaken potential across all professions, sectors, and disciplines. The institution envisions graduating learners who are experts at analysing economic trends, theories, and current events as they solve problems within the field of labour relations and supply chains. Graduates will have an in-depth understanding of the various labour and trade laws, further enabling them to manage the financial aspects of projects on a global scale. |
| LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING |
| Recognition of Prior Learning (RPL):
The institution applies recognition of prior learning in the scope of the SAQA policy principles as amended in 2019. The institution's RPL Policy and Process determine the criteria and methodology used to assess prior learning. RPL offers an alternative access route into a programme of learning, professional designation, or recognition in the workplace to those who do not meet the specified qualification entry requirements. In this regard, qualifications, part-qualifications, and professional designations registered on the NQF must provide alternative entry requirements so that candidates can be admitted to the qualification, part qualification, or professional designation, through RPL. RPL for access: RPL for credits: Where credit is awarded, it must be based on the assessed evidence of the knowledge and skills acquired informally and non-formally. The RPL process is multi-contextual and differs across contexts. It may be developed and implemented differently for recognition in the context of the three NQF Sub-Frameworks, professional designations, and recognition in the workplace. Furthermore, it is conducted using a variety of specialised learning interventions and/or assessment approaches through which the knowledge, skills and values of a person are made visible, mediated and assessed. The purposes and contexts of RPL determine the practices and outcomes of the RPL process in each case. The focus is on what has been learned, and not on the status of the institution or place where the learning was obtained. Assessment is an integral feature of all forms of RPL and exists in combination with a range of other strategies that allow for different sources of knowledge and forms of learning to be compared and judged. RPL includes diagnostic, formative, or summative assessments, to create opportunities for, or towards, access and/or credit. Entry Requirements: The minimum entry requirement for this qualification is: Or Or |
| RECOGNISE PREVIOUS LEARNING? |
| Y |
| QUALIFICATION RULES |
| This qualification consists of the following compulsory and elective modules at NQF Level 5, 6 and 7 totalling 360 Credits.
Compulsory Modules, Level 5, 80 Credits: Elective Modules, Level 5, 40 Credits (Select any four modules): Compulsory Modules, Level 6, 60 Credits: Elective Modules, Level 6, 60 Credits (Select any six modules): Compulsory Modules, Level 7, 60 Credits: Elective Modules, Level 7, 60 Credits (Select any six modules): |
| EXIT LEVEL OUTCOMES |
| 1. Demonstrate systematic and thorough knowledge of the assumptions and theories of Economics cognisant of current political scenarios and philosophical approaches.
2. Use knowledge and methods of quality management, to identify, analyse, and solve problems to improve the quality of work. 3. Interpret the industrial relations framework in relation to labour-management relations, collective bargaining, and the management consultation system. 4. Analyse and apply fundamental legal concepts, principles, theories and their relationship to international business law and practice. 5. Discuss the classical and modern international trade theories, showing the implications of foreign trade for the domestic economy and demonstrate a thorough knowledge of the political and economic institutions and philosophical discourses within the field of commerce. 6. Display a thorough understanding of the General Principles of the South African Law of Contract when applying principles of law relating to sales, lease, and insurance contracts in the context of a selected business. 7. Develop a comprehensive understanding of the Supply Chain functions; utilising analytical skills to identify and address potential project resource problems and apply project tools to alleviate these problems. |
| ASSOCIATED ASSESSMENT CRITERIA |
| Associated Assessment Criteria for Exit Level Outcome 1:
Associated Assessment Criteria for Exit Level Outcome 2: Associated Assessment Criteria for Exit Level Outcome 3: Associated Assessment Criteria for Exit Level Outcome 4: Associated Assessment Criteria for Exit Level Outcome 5: Associated Assessment Criteria for Exit Level Outcome 6: Associated Assessment Criteria for Exit Level Outcome 7: |
| INTERNATIONAL COMPARABILITY |
| The qualification compares favourably with the Bachelor of Commerce degree offered by the following international countries.
Country: Australia Institution: University of New South Wales Qualification Title: Bachelor of¿Politics, Philosophy and Economics¿ NQF Level: AQF Level 7 Credits: 144 Duration: Three years full-time Entry Requirements: Australian Year 12 qualification (e.g. NSW HSC or equivalent) Purpose/Rationale: The Bachelor of Politics, Philosophy and Economics (BPPE) provides graduates with a uniquely powerful combination of intellectual tools with which to understand and act on the world. PPE graduates globally are recognised leaders in all aspects of public life, including the highest reaches of government, political parties and lobby groups, the public service, NGOs, and social activist organisations. It also equips learners for careers in banking, consultancy work, and strategic advising to major corporations. PPE graduates are also well-known as public commentators on contemporary issues. The qualification will bring the perspectives of three crucial intellectual disciplines to pressing contemporary national and global issues such as justice, inequality, and climate change. As well as combining a carefully chosen combination of existing courses from the Politics and International Relations, Philosophy, and Economics streams, the program will include courses specifically designed to enable learners to explore the synergies and tensions between them and assess their relevance to meeting humanity's most difficult challenges. The leaders of today and tomorrow rely heavily on the fundamentals of politics, philosophy, and economics, particularly how the fields relate to one another. The qualification focuses on an interdisciplinary approach to learning, where learners will be exposed to ideas that give learners the ability to weave together theory and methods from all three disciplines. In developing this qualification, top academics across two faculties and three disciplines considered a range of current social issues, global trends, and the professional demands within these areas. The qualification is built on a strong foundation across politics, philosophy, and economics, to make sure learners remain adaptable and agile in an ever-changing professional landscape.¿ Learning Outcomes: Qualification structure: The qualification consists of 24 courses, including 16 core courses, six prescribed electives and two free electives. Majors: Similarities: Difference: Country: New Zealand Institution: University of Otago Qualification Title: Bachelor of Arts (BA) majoring in Philosophy, Politics and Economics NQF Level: NZQF Level 7 Credits: 360 Full-time: Three years Entry requirements: National Certificate of Educational Achievement (NCEA) with University Entrance (UE) Purpose: The aim of the qualification is to give a broader exposure to the range of analytical approaches in these three disciplines than would be gained within any one of the traditional single-discipline majors. There are natural affinities and common roots among several strands of philosophy, politics, and economics. For example, economics developed from the field of political economy, welfare economics utilises concepts of social justice from philosophy, and the philosophy of science has important implications for methodologies adopted in economics and politics. Graduates go on to apply their analytical skills in many different fields: recent graduates are working as diplomats, journalists, lawyers, project managers, academics, business executives, entrepreneurs, accountants, and policy analysts. There are graduates in entertainment, tourism, and information technology; those in government work at the Supreme Court and the Ministries for the Environment, Treasury, Social Development, and Inland Revenue, among others. Qualification structure: First year:100-level Second-year level: Third-year level And Similarities: |
| ARTICULATION OPTIONS |
| Horizontal Articulation:
Vertical Articulation: Diagonal Articulation |
| 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. |
| 1. | Regenesys Management (Pty) Ltd |
| 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. |