Bachelor of Commerce

Apply educational knowledge, skills, principles and methods to exercise general management skills required in the business, corporate and financial sectors at middle management level.

• Responding to the needs of the community
• Responding to business and industry needs
• In the private sector
• In economic, business and financial environments
• In life-long learning and the appreciation of the value of education and society

Qualifiers will demonstrate knowledge, skills and applied competence in the field of study that provide opportunities for continued personal growth, gainful economic activity and rewarding contributions to society.

Learners who register for this qualification can

• Learn from predominantly written material
• Communicate what they have learnt comprehensively in the medium of instruction
• Learn and take responsibility for their own progress

RECOGNITION OF PRIOR LEARNING

The qualification recognises formal and non-formal prior learning (incorporating experiential learning) at a Further Education and Training Certificate Level 4 or a functional equivalent.

The planned combination of learning outcomes are integrated with critical cross-field outcomes for this Qualification

Practical Competency

The demonstrated ability/skill to achieve the major Skills/Applied Competency of the qualification.

Foundational Competency

The demonstrated understanding, by the Learner, of the embedded knowledge that underpins the end result/outcome.

Reflective Competency

The demonstrated ability/skill to integrate or connect our performances and to reflect on, evaluate and adopt the above competencies.

To successfully complete the qualification the learner will have to demonstrate his/her learning via module specific learning outcomes as well as critical cross-field learning outcomes.

Module specific outcomes will include capabilities relating to module knowledge and the understanding thereof within a management leadership context, and capabilities relating to integrated knowledge and skills from a variety of disciplines within the management leadership field.

Critical cross-field outcomes will include those specified in the learning outcomes for approved modules in the certificate and as appropriate to the learner's field of practice.

• Demonstrating and applying practical and theoretical knowledge of micro and macro economy.
• Analysing economic policy-making.
• Integrating and applying marketing and financial principles.
• Executing advanced financial and investment decisions based on strategic management principles.
• Demonstrating management and analytical skills in the fields of money and banking, economy, industrial psychology and business management.
• Demonstrating theoretical and practical knowledge of the fundamentals and basics of the different areas of the business management, economic and financial fields.

The learner will be able to analyse and apply the basic principles relevant to the following

1. Apply the principles of supply and demand.
2. Analyse the application of different economic policies:

• Monetary policy
• Fiscal policy
• Development policy
• Labour policy

1. Evaluate the budget process and national income.
2. Generate business ideas and start-up enterprises.
3. Analyse the marketing environment and compose a marketing plan.
4. Compose a budget and financial plan.
5. Formulate and implement suitable business strategies.
6. Apply general personnel management principles.
7. Communicate at middle management level in the business, corporate and financial sectors.

A learner should provide evidence of learning competency (knowledge, skills and attitude) by means of the following

A written report on micro and macro-economic conditions, compiled/drafted according to set standards.

Business, marketing and financial plans compiled according to set standards.

INTEGRATED ASSESSMENT

Competence is achieved, through continuous assessment by demonstrating the ability to achieve the outcomes of the Qualification:

• Written tests and examinations.
• Written assignments.
• Discussion group.
• Case studies

This will be supported by a module credit system, followed by a final exam on the modules for which credit was not obtained

Assessment documents are moderated to ensure that

• They conform to the scope and context of the competency as stipulated in the qualification
• They are constructed in such a way that the Assessor assesses the critical outcomes applied, during the Learners activity performances, towards achieving an outcome.

Assessments are

• To include confirmation of the Embedded Knowledge component to ensure that the Foundational Competence is achieved
• To be verified by Internal Verifiers to ensure valid, credible, true and fair results