Bachelor of Commerce Honours in Treasury Management

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.

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.

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.

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 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.