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 THAT HAS PASSED THE END DATE:

Bachelor of Commerce in Finance

SAQA QUAL ID	QUALIFICATION TITLE
73774	Bachelor of Commerce in Finance
ORIGINATOR
University of Johannesburg
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	432	Level 6	NQF Level 07	Regular-Provider-ELOAC
REGISTRATION STATUS		SAQA DECISION NUMBER	REGISTRATION START DATE	REGISTRATION END DATE
Passed the End Date - Status was "Reregistered"		SAQA 1141/23	2021-07-01	2024-06-30
LAST DATE FOR ENROLMENT		LAST DATE FOR ACHIEVEMENT
2025-06-30		2030-06-30

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 replaces:

Qual ID	Qualification Title	Pre-2009 NQF Level	NQF Level	Min Credits	Replacement Status
3117	Bachelor of Commerce: Finance	Level 6	Level TBA: Pre-2009 was L6	432	Complete

This qualification is replaced by:

Qual ID	Qualification Title	Pre-2009 NQF Level	NQF Level	Min Credits	Replacement Status
111250	Bachelor of Commerce in Finance	Not Applicable	NQF Level 07	360	Complete

PURPOSE AND RATIONALE OF THE QUALIFICATION

The primary purpose of this qualification is to provide qualifying learners with applied competencies in the mastering, analysis, interpretation and application of accounting, business, financial management and taxation principles in preparation for a career in the accounting, financial management and taxation fields as well as to provide a basis for further learning.

The learners should be able to reflect on their accounting, business, financial management, information management and taxation decisions and applications to assess the effect thereof in the holistic context of financial management as practice.

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING

Learners accessing this qualification should demonstrate their ability to read, study material with understanding and interpret relevant literature on a NQF 4 level. Learners should be able to communicate effectively using academic Afrikaans/English in written and oral form. Learners must be able to study independently and to manage his/her own studies, applying effective time planning.

Access will be provided to learners who are in possession of further Education Certificate (FEC), with university exemption and who comply with the University's own admission requirements for registration for the first year of this qualification, i.e. who has: passed Matriculation Mathematics with a minimum of 40% (E) on higher grade or standard grade or a pass mark in NTC V or T2 Mathematics; passed Matriculation Afrikaans First Language on the higher grade with a D symbol or a C symbol in Afrikaans Second Language on the higher grade; or passed Matriculation English First Language on the higher grade with a D symbol in English Second Language on higher grade, and an M-score of 12 points for the Faculty as determined by the University.

RECOGNITION OF PRIOR LEARNING

Recognition of prior learning in the case of learners not complying with the formal entry requirements will be conducted in accordance with the policy and guidelines of the University concerning the recognition of other forms of formal, informal and non-formal learning and experience. Recognition takes place only where prior learning corresponds to the required NQF-level, and in terms of applied competencies relevant to the content and outcomes of the qualification. Through recognition of prior learning students may gain access, or advance placement, or status recognition on the condition that they continue their studies at this University.

RECOGNISE PREVIOUS LEARNING?

EXIT LEVEL OUTCOMES

The learner should be able to:

1. Demonstrate their ability at applying the theoretical principles of the problem identification and solving in the field of financial management correctly at a pre-graduate level correctly and reflect on the application made. (Problem solving skills)

2. Explore different learning strategies to acquire the multidisciplinary capabilities of a financial manager? (Explore learning strategies)

3. Plan and conduct research in the field of financial management, including the gathering, analysing, synthesizing and interpretation of information on issues pertaining to the field of financial management correctly by utilising the relevant theoretical research principles and reflect on the research undertaken. (Research skills)

4. Communicate effectively orally or in writing with the different role players in the field of financial management by applying the theoretical principles of communication and reflect on the application made? (Communication skills)

5. Utilise appropriate technology (example computer, e-mail, fax) effectively in the financial management environment. (Technological and environmental literacy)

6. Acquire acceptable employment seeking skills that will give them the edge to enter the different levels of the financial management profession by utilising the theoretical principles and reflecting on the application thereof. (Employments seeking skills)

7. Gain insight into the inter-relatedness of the law and economic and business science to develop theoretical and practical macro vision of the management and organisation of the financial management environment internationally, nationally, regionally and locally. (Development of micro vision)

8. Effectively and responsibly organise and co-ordinate resources and opportunities in the financial management field by applying the relevant theoretical principles and reflect on the application (including entrepreneurship, where relevant) as well as accept the responsibility for their own activities in the financial management environment. (Entrepreneurship/responsibility skills)

9. Practice acceptable social sensitivity in the relationship with others and work effectively in a multidisciplinary team or organisation by implementing the relevant theory and reflect on the implementation made? (Team ship)

10. Demonstrate responsible citizenship through their holistic approach to the application of professional values in the financial management (Promoting citizenship)

11. Practice acceptable social, cultural and aesthetic sensitivity towards the people of different financial management communities and the role players in the financial management industry by applying the appropriate theoretical principles and reflecting on the application made. (Cultural and aesthetic sensitivity)

ASSOCIATED ASSESSMENT CRITERIA

1. Do the learners demonstrate their ability at applying the theoretical principles of the problem identification and solving in the field of financial management correctly at a pre-graduate level and reflect on the application made? (Problem solving skills)

2. Are the learners able to explore different learning strategies to acquire the multidisciplinary capabilities of a financial manager? (Explore learning strategies)

3. Are the learners able to plan and conduct research in the financial management field including the gathering, analysing, synthesizing and interpretation of information on financial management and related issues correctly by utilising the relevant theoretical research principles and reflect on the research undertaken? (Research skills)

4. Can the learners communicate effectively orally or in writing with the different role players in the financial management field by applying the theoretical principles of communication and reflect on the application made? (Communication skills)

5. Are the learner utilise appropriate technology (example computer, e-mail, fax) effectively in the financial management environment? (Technological and environmental literacy)

6. Do the learners demonstrate acceptable employment seeking skills that will give them the edge to enter the different levels of the financial management environment by applying theoretical principles of employment skills and reflect on the application thereof? (Employments seeking skills)

7. Have the learners insight into the inter-relatedness of the law and economic and business science help them to develop theoretical and practical macro vision of the field of financial management internationally, nationally, regionally and locally? (Development of macro vision)

8. Are the learners able to effectively and responsibly organise and co-ordinate resources and opportunities in the financial management field by applying the relevant theoretical principles and reflect on the application made (including entrepreneurship, where relevant) as well as accept the responsibility for their own activities as financial managers? (Entrepreneurship/responsibility skills)

9. Can the learners practice acceptable social sensitivity in the relationship with others and work effectively in a multidisciplinary team or organisation by implementing the relevant theory and reflect on the implementation made? (Team ship)

10. Are the learners able to demonstrate responsible citizenship through their holistic approach to the application of professional values in the financial management field? (Promoting citizenship)

11. Are the learners able to practice social, cultural and aesthetic sensitivity towards the people of different financial management communities and the role players in the financial management environment by applying the appropriate theoretical principles and reflecting on the application made? (Cultural and aesthetic sensitivity)

Formative assessment practices that will be implemented:

Formative assessment is aimed at development of a life-long learning culture based on continuous self-study and compromises the following: In every semester course (consisting of two modules) learners write two formal tests. Self assessment requires of the student to work through simulated questions and suggested solutions thereto, independently (Assignments).

Summative assessment practices that will be implemented:

Integrated assessment, focusing on the achievement of the exit-level outcomes, will be done by means of summative assessment in conjunction with formative assessment. Summative assessment determines whether the learners are awarded the qualification. In the summative assessment, learners are assessed by means of a three hour written examination at the end of each semester course on the study material covered in all the modules of the semester course. The learner acquires a progressively deeper and broader understanding of the accounting and of auditing, financial management, taxation and business sciences. In all semester courses, prior knowledge acquired in preceding years of study is a prerequisite for understanding the study material of modules making up semester courses in subsequent years of study. Learners are assessed on their ability to apply to and integrate with, such previously acquired knowledge to the subject-matter of the later course.

ARTICULATION OPTIONS

1. Access to qualifications on a lower level:
It should be possible for the purpose of gaining access to this qualification to receive credit for modules passed in related undergraduate diploma's and certificates on NQF level 4 or 5 at this University or elsewhere.

2. Access to qualifications on the same level:

Entry in midstream:
Learners who were registered for this or a related qualification at another higher education institution are allowed to enter in mid-stream, provided that they complete at least 50% of the courses (or underlying modules) prescribed for the qualification at this University. They receive credit for comparable courses (or underlying modules) will be approved by the Dean of the Faculty for Economic and Management Science based on the recommendation of the chairperson of the Department of Accounting. Such learners will have to be registered for the qualification for at least two years in order to obtain the qualification at this university.

Exit in mid-stream:
It is possible for the learners to exit the qualification in mid-stream and to register for another qualification, either at this University or another institution. They retain credit for courses (or underlying modules) passed while registered for this qualification, and may continue to be registered for courses (or underlying modules) of this qualification, subject to conditions set for the later qualification.

3. Access to qualifications on a higher level:
Having obtained this qualification the following possibilities for further study in higher education programmes on NQF level 7 exist: a B. Com Honours degree in Financial Management; a B. Com Honours degree in Financial Management.

MODERATION OPTIONS

Examiners external to the University and with specialist academic knowledge in the relevant modules serve as external examinations for all level 6 courses of qualification. The external examiner must assess the quality of the final examination paper and mark plan with regard to: level of expertise required, time constraints and whether the outcomes as set for the modules are assessed fairly. The external examiner must submit a report regarding the summative assessment to the Chairperson of the department of Accounting clearly indicating whether the examination paper and mark plan, is accepted unamended or after improvements have been made.
At least one external and one internal examiner per final year semester course will be appointed

CRITERIA FOR THE REGISTRATION OF ASSESSORS

All internal and external assessors (moderators and examiners) will be required to have specialised academic knowledge in the relevant modules of the programme in Financial Management; have experience of the assessment of learners at this level; be nominated by the Faculty of Economic and Business Science in consultation with the Department of Accounting for this purpose and registered with appropriate ETQA, requiring them to comply with the other criteria imposed by the relevant SGB; be registered as a professional accountant (CA(SA)) with the accreditation body of the department of Accounting. (i.e. SAICA)

REREGISTRATION HISTORY

As per the SAQA Board decision/s at that time, this qualification was Reregistered in 2006; 2009; 2012; 2015.

LEARNING PROGRAMMES RECORDED AGAINST THIS QUALIFICATION:

When qualifications are replaced, some (but not all) of their learning programmes are moved to the replacement qualifications. If a learning programme appears to be missing from here, please check the replaced 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 Johannesburg