FACULTY OF Economic and Management Sciences Undergraduate programmes for 2018/2019
Broad BCom programmes UNDERGRADUATE PROGRAMMES Our broad degree programmes give you a thorough grounding in economic, management and mathematical sciences and a wide choice of career focuses. We also offer programmes that prepare you for professional registration or certification, and two programmes with a law focus. Please note: Focal areas are recommended combinations of modules within a programme. A choice of modules is admissible only if the timetable allows for the particular combination (i.e. to prevent timetable clashes). FOCAL AREAS 1.1 BCom This is the Faculty s broadest programme and offers students the widest possible choice of majors. It provides broad formative training and may include a field of study from the Faculty of Arts and Social Sciences. The focal areas offer students the opportunity to focus on a specific area of study. Agricultural Economics This focal area trains prospective entrepreneurs and employees for the agricultural business sector. Careers include general management, financial management and logistics management for the provision of agricultural inputs and services. Financial Planning This focal area was developed to enable you to enrol for the Postgraduate Diploma in Financial Planning after completing the three-year BCom degree. Postgraduate Diploma graduands are eligible to write the entrance examination for the internationally recognised Certified Financial Planner (CFP ) qualification. Investment Management A BCom degree with Investment Management as focal area not only prepares you for a career in, for example, portfolio management or investment analysis, but also prepares you for the Level 1 examination of the international Chartered Financial Analyst (CFA ) qualification. Public and Development Management A thorough knowledge of public and development management is essential preparation for various careers in the public sector, and in the voluntary, developmental, business and media sectors. Possible careers within these sectors include those of general manager or chief executive officer, strategic manager, project and programme manager, development planner, development manager, community developer, or policy and management research specialist and management consultant. FOCAL AREAS 1.2 BCom (Management Sciences) This is the programme for students who wish to pursue a career in management. Although it offers broad and open-ended choices of modules, it also allows you to focus on a specific area of study. For these focal areas there are recommended combinations of modules. Entrepreneurship and Innovation Management This focal area motivates and orients students to enter the exciting world of entrepreneurship by considering a future business or practice of their own, or to make creative contributions towards the success of other established enterprises. Financial Management With this focal area you will develop a sound knowledge of financial management, which is essential for the success of a business. Careers include working as an investment analyst, financial manager or financial adviser. Human Resource Management This focal area prepares you for a career as a personnel manager, market researcher, training manager, consultant or labour relations manager. Information Systems Management In this focal area, students learn how to integrate rapidly developing knowledge technologies with organisational strategy in order to enhance productivity, efficiency and (sometimes) innovation. Logistics Management This focal area positions you for a career as logistics manager who plans and controls the efficient, effective flow and storage of goods, services and related information from the place of origin to the place of consumption. Marketing Management Marketing focuses on activities such as product decisions, price determination, distribution, advertising and creating awareness of products/services. Possible careers include marketing, sales, client manager or advertising manager. Quantitative Management This focal area will position you, after sufficient practical experience, to analyse and manage business functions and processes at strategic, tactical and operational levels.
FOCAL AREAS 1.3 BCom (Economic Sciences) This programme focuses almost exclusively on fields of study in economics. Because of the importance of statistics for the development of high-level economic analysis, statistics or mathematical statistics up to second-year level is required for this programme. Econometrics Graduates with an aptitude for, and training in, economics, mathematics and statistics can opt for employment as econometricians in the financial or public sector, or at a research institution. Economic and Management Consultation The module combination of this focal area is aimed at people who wish to qualify as economic or management consultants. A good knowledge of economics is combined with broad exposure to commercial and management subjects such as mercantile law and industrial psychology, providing you with the necessary background to make business-related recommendations covering a broad spectrum of fields. Financial Sector In the financial sector, qualified persons with this module combination will typically be employed as economic or financial analysts. Another career option includes economic or management consultancy. Transport Economics Transport economists plan and manage transport infrastructure, the formulation of transport policy and the control of transport systems for public enterprises and transport organisations. FOCAL AREAS 1.4 BCom (Mathematical Sciences) This programme has a sharper focus on mathematics and mathematical statistics, both of which are compulsory till second-year level. Computer Science This focal area equips you with a broad knowledge of both computer science and the business world, and will enable you to become a successful programmer in any environment. Applying information technology in the business world is crucial to managing organisations effectively and productively. Financial Risk Management People with training in financial risk management, mathematical statistics and financial mathematics are appointed by large financial institutions as financial and quantitative analysts, financial risk managers, portfolio managers and financial traders. Mathematical Statistics Mathematical-statistical theory and procedures, together with the accompanying computer skills, are in great demand in the national and international corporate, research and public sectors. Careers include statisticians, data-mining experts, data managers, and statistical analysts. Operations Research This practice-oriented focal area trains you to find mathematically-based solutions for problems that have a high degree of complexity, uncertainty and conflict in business enterprises, including factories, banks, and mining and agricultural sector enterprises. 1.5 BCom (International Business) This four-year selection programme is a pioneer in undergraduate business education! Students benefit from an enriched experience through interaction with international students (through a six-month international exchange semester) and the global marketplace, equipping them to be role players with a global mind-set in the international knowledge economy. It is a unique programme in South Africa, and only a limited number of students are admitted. THE FACULTY registers 1 550 first-year students annually currently has more than 5 100 undergraduate and approximately 4 000 postgraduate students employs 226 lecturers, 82 of whom hold a doctorate has 5 departments and 3 schools DEPARTMENTS Business Management Economics Industrial Psychology Logistics Statistics and Actuarial Science SCHOOLS School of Accountancy School of Public Leadership University of Stellenbosch Business School (USB)
Professional programmes 2.1 BAccounting This programme is the first step in the training of chartered accountants. To eventually qualify as a CA, you first have to obtain both the BAcc and the BAccHons degrees. Thereafter you will have to pass the exams of the SA Institute of Chartered Accountants (SAICA) and/or the Independent Regulatory Board for Auditors (IRBA). A chartered accountant is equipped to audit the financial statements of companies. Careers in financial management, management accounting or tax consulting can also be considered. 2.2 BCom (Actuarial Science) Actuaries are experts in the analysis and modelling of situations involving financial risk and contingent events. To become an actuary (Fellow or Associate of the Actuarial Society of South Africa) you need to pass the 15 exams of the professional body and have sufficient work experience. Successful students can obtain exemption from many of these exams during their BCom (Actuarial Science) and BComHons degrees. 2.3 BCom (Financial Accounting) This programme is designed to prepare you for a career as a certified accountant. This internationally recognised professional qualification is obtained by passing the examinations of the Association of Chartered Certified Accountants (ACCA, London). It will qualify you to prepare financial statements, do internal auditing and give advice on business and taxation matters. 2.4 BCom (Industrial Psychology) Industrial psychologists are knowledge partners optimising employee performance in the interests of the core business of an organisation. To qualify as a psychometrist registered with the Health Professions Council of South Africa (HPCSA), you have to complete both a BCom and BComHons (Industrial Psychology), do a six-month BPsych Equivalence programme and pass the professional board examination. To qualify as an industrial psychologist registered with the HPCSA, you have to complete the MCom (Industrial Psychology) programme, do an internship of 12 months and pass the professional board exam. Programmes that include studies in law Please note: The Law Faculty selects students for these programmes. 3.1 BAccLLB This programme equips you firstly to practise as an accountant and, secondly, to pursue a legal career. An advantage of this programme is that the BAccLLB qualification is obtained within five years. 3.2 BCom (Law) On completing this programme, you may either continue with postgraduate studies in law or in your major from economic and management sciences. In this way you obtain economic and management skills as well as a sought-after, broader background and deeper understanding of how legal rules generally apply within society. Extended degree programme (EDP): BCom (Management Sciences) EDP This four-year Bachelor s programme is extended by offering the first-year core modules over two years. In the first year of study additional preparatory modules are presented to strengthen students academic foundation. Students are required to pass these preparatory modules in order to proceed to the following year of study. Undergraduate diploma programme Sustainable Development* (non-residential) This diploma is a three-year post-matric programme with a workplace-integrated learning component and is presented at the Sustainability Institute at Lynedoch. The multidisciplinary programme equips students with the skills and knowledge to make use of entrepreneurial opportunities in the broad field of sustainable development. * For more information, contact the School of Public Leadership on 021 808 2195 or via e-mail at enquiries@spl.sun.ac.za. 2.5 BCom (Management Accounting) This programme prepares you for a career as a chartered management accountant and enables you to focus on financial competencies and interpret and use financial information in the management of a business. The internationally recognised professional qualification of chartered management accountant is obtained by passing the exams of the Chartered Institute of Management Accountants (CIMA, London).
FACULTY OF Economic and Management Sciences MINIMUM ADMISSION REQUIREMENTS (2019/2020) Please note: Even though students may meet the minimum requirements of a programme, they are not necessarily guaranteed admission to that programme. Students will receive immediate conditional admission to the Faculty if they obtain a specified minimum average (which excludes Life Orientation) in Grade 11. This minimum mark differs from programme to programme. The other applications are subject to a selection procedure that will be concluded no later than 31 August. The selection mark and minimum requirements are revised annually. For further information on the selection procedure and the admission requirements for 2019/2020, please visit www.sun.ac.za/ems. BCom (Management Sciences) Extended Degree Programme (EDP) NSC average 60% Mathematics 50% BCom, BCom (Economic Sciences), BCom (Management Sciences), and BCom (Industrial Psychology) NSC average 65% BCom (International Business) Language: English NSC average 80%; Mathematics 70% English Home Language 70% OR English First Additional Language 80% Any additional Language 70% BCom (Mathematical Sciences) Mathematics 75% BCom (Financial Accounting) and BCom (Management Accounting) NSC average 65% BAcc Accounting 70% OR Mathematics 70% Minimum EMS Language admission BCom (Law) Afrikaans Home Language 60% OR English Home Language 60% OR Afrikaans First Additional Language 70% OR English First Additional Language 70% BAccLLB Accounting 70% OR Mathematics 70% Afrikaans Home Language 60% OR English Home Language 60% OR Afrikaans First Additional Language 70% OR English First Additional Language 70% BCom (Actuarial Science) NSC average 80% Mathematics 80% Home Language 60% If English is not the home language, English First Additional Language 75% Diploma in Sustainable Development NSC average 60% Mathematics/Mathematical Literacy 50% Life Sciences 60% One of the following: Creative Arts (i.e.engineering Graphics and Design or Visual Arts), Business Studies, Economics, Agriculture, or Physics 60% The NSC average is based on your six best subjects, excluding Life Orientation. * requirements: English Home Language 50% OR Afrikaans Home Language 50% OR English First Additional Language 60% OR Afrikaans First Additional Language 60%
FACULTY OF Economic and Management Sciences IMPORTANT CONTACT DETAILS Faculty Administrator (for registration-related enquiries) Ms Nazli Daniels 021 808 4837 ndaniels@sun.ac.za Coordinator: Student Affairs (for undergraduate programme-related enquiries) Ms Ilze Gelderblom 021 808 9525 ilzeg@sun.ac.za Client Service Centre (for general enquiries) 021 808 9111 info@sun.ac.za www.sun.ac.za/ems