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 Honours in Economics and Mathematical Statistics 
SAQA QUAL ID QUALIFICATION TITLE
73550  Bachelor of Commerce Honours in Economics and Mathematical Statistics 
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
Honours Degree  Field 10 - Physical, Mathematical, Computer and Life Sciences  Mathematical Sciences 
ABET BAND MINIMUM CREDITS PRE-2009 NQF LEVEL NQF LEVEL QUAL CLASS
Undefined  132  Level 7  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 
Purpose:

Purpose of programme:
  • To give students a broad foundation in the basic disciplines of Economics and Mathematical Statistics so that students are exposed to the skills and knowledge required to undertake further advanced graduate studies in one or both of these basic disciplines.
  • To equip students with knowledge about the working of the economy and markets within the economy, as well as with knowledge of statistical inference to analyse relationships in the economy, in order to assist market participants and to provide tools for policy analysis.
  • To equip students with specific statistical knowledge and skills to apply to the world of economics, that will prepare them in a unique way for employment in the private and public sectors.

    Purpose of qualification:

    (As submitted for interim registration with SAQA in June 2000.):
  • First purpose:
    > To provide candidates in the private, public and voluntary sectors with advanced core knowledge and research skills relevant to the technical aspects of Economics and its applied branches in order to promote sustainable growth and development and maximise prosperity in all sectors of the economy and society.
  • Second purpose:
    > To develop competent leaders in the private, public and voluntary sectors with applied fundamental and cross-functional technical knowledge and skills to steer sustainable development, growth and prosperity in the most appropriate direction.
  • Third purpose:
    > To provide students who want to enrol for more specialised studies in Economics with a sound academic base from which to do so.

    Students who receive a Honours in Bachelor of Commece are equipped for a career in the field of management and commerce and to act as managers in both the private and public sectors, where their participation promotes development to the benefit of the whole society. 
    		•

    LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    Admission criteria:

    A Bachelor of Commerce degree, with an average third year mark of at least 60% for Mathematical Statistics or Economics, and a satisfactory pass mark for the other. 

    RECOGNISE PREVIOUS LEARNING? 
    N 

    QUALIFICATION RULES 
    Duration and total credit value:
  • 1 year.
  • 132 credits.

    Minimum credits required at specific Levels:
  • 132 credits at NQF Level 7.

    Credit allocation:
  • Credits for Fundamental content; 12.
  • Credits for Core content; 60.
  • Credits for Elective content; 60.

    Total Credits; 132. 
    		•

    EXIT LEVEL OUTCOMES 
    Exit Level Outcomes:

    The successful student will demonstrate:

    1. An understanding of the working of a modern market economy, especially the interactions between market behaviour, policy interventions and economic outcomes.

    2. An understanding of the economic constraints faced by economic policy makers in their policy choices.

    3. An understanding of and the ability to use statistical research to analyse economic and social phenomena. 

    ASSOCIATED ASSESSMENT CRITERIA 
    Associated Assessment Criteria for Exit Level Outcomes:

    Evaluation will support the goals of the qualification. Students must show their ability to:
  • Think critically about economic issues and statistical research by, for example, analysing arguments and identifying erroneous thinking.
  • Interpret the relevant data, especially empirical data.
  • Apply statistical research skills to economic and social behaviour and phenomena.
  • Identify and analyse statistically economic phenomena and trends.
  • Analyse and evaluate economic policy and its economic and social impact.

    Integrated Assessment:

    Evaluation will take place by means of assignments, tests and examinations, mostly in written but sometimes also in oral format. Continuous evaluation will include essays, oral presentations, tests and practical work. The research report will consist of the application of statistical research on an economic topic.

    The student must:
  • Achieve a minimum of 50% in all modules, with the proviso that he/she may achieve a minimum of 45% for a maximum of 2 modules in elective courses.
  • Complete all compulsory assignments satisfactorily.
  • Demonstrate successful integration of theoretical and practical aspects of Economics and Mathematical Statistics in assignments and the research report. 
    		•

    INTERNATIONAL COMPARABILITY 
    N/A 

    ARTICULATION OPTIONS 
    Horizontally:

    The programme is related to honours programmes in Economics and in Mathematical Statistics.

    Vertically:

    The programme builds on Bachelor of Commerce programmes with both Economics and Mathematical Statistics as majors and leads on to Master's studies in either of these disciplines. 

    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 
    N/A 

    REREGISTRATION HISTORY 
    As per the SAQA Board decision/s at that time, this qualification was Reregistered in 2009; 2012. 

    NOTES 
    Mode of instruction:

    Instruction will make use of lectures, supplemented by group and individual assignments, thereby gradually developing the ability of students to work independently of the instructor. 

    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.