SAQA 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 Financial Management 
SAQA QUAL ID QUALIFICATION TITLE
22854  Bachelor of Commerce in Financial Management 
ORIGINATOR
University of Venda 
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 
1. To give learners an option to major in Financial Management at undergraduate level and to teach them the concepts and techniques used in business financing, dividends and investment decisions.
2. To teach learners how to analyse and interpret business financial statements for various uses.
3. To apply the knowledge and skills gained to solve practical financial business management problems.
4. To prepare Learners in problem- solving approach in their learning and to inculcate in them the sense of responsibility towards their prospective workplace and the community at large. 

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
Entry requirements:
The minimum entry requirement for this qualification is:
  • National Senior Certificate, NQF Level 4, granting access to Bachelor studies. 
    		•

    RECOGNISE PREVIOUS LEARNING? 
    N 

    EXIT LEVEL OUTCOMES 
    1. Ability to understand financial management concepts and techniques.
    2. Ability to apply skills learned in business financing and investment decisions and to communicate freely with the business community.
    3. Ability to analyse and interpret financial statements for different purposes.
    4. Think contextually and reflect on learning from individual experience and academic disciplines in relation to political, social, cultural, technological and economic realities, locally and globally.
    5. Think and do business or conduct oneself in public in a professional manner.

    Critical cross-field outcomes:
    1. Identify, analyse, formulate and solve problems in which responses display that responsible decisions using critical and creative thinking have been made.
    2. Working effectively with others as a member of a team, group, organization and community.
    3. Organizing and managing oneself and one`s activities responsibly and effectively.
    4. Using science and technology effectively and critically showing responsibility towards the environment and health of others.
    5. Communicating using visual aids, mathematical and language skills in the modes of oral and or written persuasion.
    6. Demonstrating an understanding of the world as a set of related systems by recognizing that problem-solving contexts do not exist in isolation. 

    ASSOCIATED ASSESSMENT CRITERIA 
    1. Solve problems by means of exploring and critically evaluating abstract and personal situations.
    2. Solve problems by generating alternative strategies for dealing with those problems.
    3. Relate learning from individual experience to knowledge encountered in an academic environment and vice versa.
    4. Relate learning from experience and academic contexts using present and future scenarios.
    5. Relate learning form academic context to the expected professional and business ethics.

    Integrated Assessment:
    Qualification is awarded on successful completion of all the prescribed modules and practical experience (i.e. supervised work experience).

    The following assessment criteria will apply:
  • Written examinations.
  • Oral examinations.
  • Group projects.
  • Assignments/tests. 
    		•

    ARTICULATION OPTIONS 
    This qualification offers both possibilities of horizontal and vertical articulation.

    Horizontal Articulation:
  • Advanced Diploma in Financial Management, NQF Level 7.
  • Bachelor of Commerce in Management, NQF Level 7.

    Vertical Articulation:
  • Bachelor of Commerce Honours in Financial Management, NQF Level 8. 
    		•

    MODERATION OPTIONS 
    N/A 

    CRITERIA FOR THE REGISTRATION OF ASSESSORS 
    N/A 

    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. University of Venda 


    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.