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SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED QUALIFICATION: 

Bachelor of Commerce Honours in Treasury Management 
SAQA QUAL ID QUALIFICATION TITLE
96419  Bachelor of Commerce Honours in Treasury Management 
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
Honours 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  120  Not Applicable  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:
The primary purpose of the Bachelor of Commerce Honours in Treasury Management (B Com Hons (Treasury Management) is to develop the learner's knowledge of the discipline of corporate treasury valuation and management. The qualification is comprised of a focused curriculum to prepare the learner for a career in corporate treasury management. The curriculum includes eight topic areas ranging from quantitative investment analysis, liquidity management to risk management and financial engineering. Mastering of the curriculum will provide learners with the ability to synthesise complex treasury management principles and apply financial instruments in a professional manner. Fundamental knowledge of global investment and treasury principles will be gained enabling the qualifying learner to work in today's world of professional corporate treasury management. The qualification will prepare learners with competence, integrity, and application of ethics in a professional environment. The successful learner will gain a global corporate treasury management perspective and an in-depth understanding of the global marketplace which will provide them with a competitive advantage for employment.

Rationale:
The Bachelor of Commerce Honours in Treasury Management [B Com Hons (Treasury Management)] is a specialised qualification that is currently in demand in the industry due to its specialised nature.
This qualification is targeted to learners with a Bachelor of Commerce Degree with Finance or Investment Management at a third year level. There is currently a large demand for learners to continue studying an Honours Degree in the Department of Finance and Investment Management.
Treasury management is a very specialised field in the financial industry and requires in-depth understanding of the financial markets and associated risks in order to successfully manage a corporate treasury account. 

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
Recognition of Prior Learning (RPL):
The Faculty accepts Recognition of Prior Learning (RPL) as an integral part of education and academic practice. It is acknowledged that all learning has value and the Faculty accepts the challenge to assess prior learning and award credit that is aligned to Faculty programmes to promote lifelong learning. An example of prior learning refers to work experience relevant to the quantitative finance field, such as experience on systems used in the quantitative finance industry.

The purpose of the institution's RPL policy (please refer to uploaded document), which directs the Faculty's RPL procedure, is to recognise prior learning in order to provide for access into qualifications, grant advanced placement in qualifications and grant credits for modules on the principles and processes that serve as basis for faculty-specific RPL practices.

Entry Requirements:
Learners are required to have the following in place in order to be considered for admission:
  • An appropriate Bachelors' Degree. 
    		•

    RECOGNISE PREVIOUS LEARNING? 
    Y 

    QUALIFICATION RULES 
    The qualification consists of compulsory modules at NQF Level 8, totalling 120 Credits.

    Compulsory Modules at NQF Level 8.
  • Quantitative Investment Analysis, 15 Credits.
  • Equity Investment Analysis, 15 Credits.
  • Financial Engineering, 15 Credits.
  • Liquidity Management, 15 Credits.
  • Hedging and Risk Management, 10 Credits.
  • Treasury Organisation, 10 Credits.
  • Treasury Case Studies, 10 Credits.
  • Research Project: Treasury Management, 30 Credits. 
    		•

    EXIT LEVEL OUTCOMES 
    1. Apply an understanding of financial markets and instruments in corporate treasury management.
    2. Construct multiple options of applying and integrating financial market knowledge to solve theoretical, applied or real life treasury management problems.
    3. Exhibit an ability to reflect with self and others, critical of own and other peoples thoughts and actions, and capable of self-organisation and working in groups in the face of continual challenge from the environment.
    4. Demonstrate consciousness of and engagement with, own learning and learning strategies, and awareness of the nature of knowledge and how new knowledge can be acquired.
    5. Interpret and reflect on the importance of scientific paradigms and methods in understanding scientific concepts and their changing nature. 

    ASSOCIATED ASSESSMENT CRITERIA 
    Associated Assessment Criteria for Exit Level Outcomes 1:
  • An application of the markets and instruments utilised in the corporate treasury management environment to effectively manage the financial aspects of corporate treasury is understood.
  • Advanced corporate treasury management processes are understood and applied.

    Associated Assessment Criteria for Exit Level Outcomes 2:
  • Treasury management theories are applied in an integrated manner.
  • Advanced conceptual thinking and research skills are applied in an integrated manner.

    Associated Assessment Criteria for Exit Level Outcomes 3:
  • Appropriate ethical values and approaches to make decisions in a corporate treasury management context are drawn upon.
  • Professional standards of conduct in a corporate treasury management context are adhered to.

    Associated Assessment Criteria for Exit Level Outcomes 4:
  • Independent learning strategies are developed and applied.
  • Presentation techniques and professional discourse are persuasively used.

    Associated Assessment Criteria for Exit Level Outcomes 5:
  • The concepts core to the treasury organisation and systems are evaluated.
  • Different methodologies and their implications on the financial market environment are interpreted and reflected upon.

    Integrated Assessment:
    Formative assessment refers to assessment that takes place during the process of learning and teaching. The assessments are implemented through tutorial sessions, learner quizzes and additional tutorial sessions.
    Summative assessments are conducted for the purpose of making a judgment as to learners' level of competence in relation to the outcomes of a, module and/or qualification. The results of such formal assessment (e.g. tests, assignments, projects, presentations, creative production or traditional examinations) are expressed as a mark reflecting a pass or a fail. The minimum number of summative opportunities required is contained in the Academic Regulations. 
    		•

    INTERNATIONAL COMPARABILITY 
    This qualification was peer assessed and found to be comparable with cognate international qualifications in Ireland and The Netherlands. There are striking similarities between this qualification and the Graduate Certificate in Corporate Treasury offered at Dublin City University (DCU) in Ireland. The Graduate Certificate seeks to equip learners with the expertise to thrive in an environment characterised by continuous change and the increasing sophistication of methods of analysis, technology, financial instruments and decision-making tools. Modules covered include: Corporate Financial Management; International Financial Markets, Cash and Working Capital Management, Corporate Treasury Case Study, Funding and Risk Management.

    A Postgraduate Diploma in Treasury Management offered at Victoria University of Wellington in New Zealand is another comparable qualification. The purpose of this qualification is to produce a significant number of financial professionals working in major financial markets, commercials and investment banks. Some of the modules covered include: Treasury Management; International Corporate Finance; Treasury Operations and; Treasury Finance.

    Conclusion:
    This qualification was designed in such a way that it must be internationally comparable and credible. The comparability study conducted reveals that this qualification has is comparable cognate international qualifications particularly with regard to the purpose. The two international qualifications cited above have major commonalities with this qualification. 

    ARTICULATION OPTIONS 
    This qualification is designed with clear articulation pathways in mind. It provides opportunities to articulate horizontally and vertically within and across the three sub-frameworks of the NQF. It may articulate horizontally with the following qualifications:
  • Bachelor of Commerce Honours in Quantitative Finance, NQF Level 8.
  • Bachelor of Commerce Honours in Business Finance, NQF Level 8.

    In terms of vertical articulation the following qualification may provide an option:
  • Master of Philosophy in Mathematics of Finance, NQF Level 9.
  • Master of Commerce in Government Finance and Auditing, NQF Level 9. 
    		•

    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. University of Johannesburg 


    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.