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 Economic Sciences |
SAQA QUAL ID | QUALIFICATION TITLE | |||
19586 | Bachelor of Commerce in Economic Sciences | |||
ORIGINATOR | ||||
Stellenbosch University | ||||
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 | Level 6 | NQF Level 07 | 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 | 2033-06-30 |
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 |
To provide candidates in the private, public and voluntary sectors with core knowledge and skills about the working of the economic system and particular sectors in the economy (e.g. the transport and agricultural sectors) in order to promote sustainable growth and development and maximise prosperity in all sectors of the economy and society.
To develop competent leaders with applied economic and econometric skills as well as generic cross-functional knowledge and skills to steer sustainable development, growth and prosperity in the most appropriate direction To provide students who want to enrol for advanced studies in the economic sciences with a sound academic base from which to do so. |
LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING |
Senior Certificate with Matriculation Exemption or equivalent university admission qualification
Additional requirements: Senior Certificate Mathematics 40% (HG) or 50% (SG), but in the case of the BCom in Econometric Analysis, Mathematics 50% (HG) or 70% (SG) |
RECOGNISE PREVIOUS LEARNING? |
N |
EXIT LEVEL OUTCOMES |
1. Demonstrated understanding of the working of markets, including markets for products an services (e.g. agricultural and transport markets) labour markets, money and capital markets
2. Demonstrated understanding of how economic behaviour determines outcomes in different economic systems and market structures 3. Demonstrated understanding of the impact of events in financial markets, international trade and international finance on the real domestic economy 4. Demonstrated understanding of the macro-economic as well as micro-economic (including distributional impacts of policy choices) 5. Demonstrated ability to read and interpret economics and applied economics literature and to collect, analyse, organise and critically evaluate economic information 6. Demonstrated understanding of the use of scientific method in the acquisition and application of knowledge (e.g. the importance of using sound controls and statistical methods) in Economics or one of its sub-disciplines, particularly Transport Economics and Agricultural Economics 7. Demonstrated ability to interpret the economic environment, including the policy environment, and to apply this knowledge in a critical and creative way in the pursuit of various goals in the public (policy), private ad voluntary sectors 8. Demonstrated ability to communicate economic issues effectively, using visual, statistical, mathematical and or language skills to work with and apply a range of economic, econometric and statistical techniques or procedures to economic data 9. Demonstrated ability to use science and technology effectively and critically in the fields of Economics, Statistics, Agriculture and Transport 10. Demonstrated understanding of the inter-relatedness of economic, social and policy variables in problem-solving, including statistical and econometric analysis |
ASSOCIATED ASSESSMENT CRITERIA |
1. The assessment used for this qualification ensures that the purpose of the qualfication is achieved
2. A range of formative and summative assessment methods such as simulations, assignments, workplace assessments, written and oral presentations and examinations are used 3. Strong emphasis is placed on assessing the ability of studentts to use computers and appropriate programmes to apply their statistical knowledge in the economic field 4. The required range of modalities is used integratively to assess whether the specified outcomes have been achieved 5. From the assessment of samples generalising to a domain takes place in a judicious and planned way in order to ensure reliability 6. The assessment used meets the standard and level of achievement for NQF levels 5 and 6 INTEGRATED ASSESSMENT Integrated assessment takes place in terms of a variety of procedures such as cross-disciplinary assignments, simulations, workplace assessments, written examinations and oral presentation. |
ARTICULATION OPTIONS |
This qualification serves as an entry point to the related qualification(s)
HonsBComm This qualification provides credits for the related qualification(s) BEcon BBus Sc Other articulation possibilities, either generic or specific: For the BComm degree: Horizontal articulation with other programmes in the Faculty of Economic and Management Sciences or other faculties is enhanced by the elective credits at each level. Vertical articulation into an Honours BComm in the different sub-disciplines of the management sciences is common at the university of Stellenbosch and students can also proceed to such hounours programmes at most univestities in South Africa. |
MODERATION OPTIONS |
The university of Stellenbosch has a system of external peer review and evaluation of departments. One of the aspects of the system is an evaluation of the standards and assessment practices of the department. |
CRITERIA FOR THE REGISTRATION OF ASSESSORS |
The academic staff of the university of Stellenbosch will be used in a manner which fits into the quality assurance system of the university |
REREGISTRATION HISTORY |
As per the SAQA Board decision/s at that time, this qualification was Reregistered in 2006; 2009; 2012; 2015. |
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. | Stellenbosch University |
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. |