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Faculty of
Economics and Financial Sciences
The faculty is situated at the Zamukulungisa Campus in Mthatha and comprises four departments...
FACULTY OF ECONOMIC AND FINANCIAL SCIENCES
The faculty is situated at the Zamukulungisa Campus in Mthatha and comprises four departments: the Department of Accounting & Taxation, Department of Auditing, Department of Management Accounting & Finance, and Department of Business Management & Economics. The projected student enrollment for 2024 is approximately 3,000.
The faculty offers a range of programs including five bachelor’s degrees, three diploma programmes, one extended offering, one honours degree, and one master's degree. Notably, the Bachelor of Accounting Science is an accredited program by the South African Institute of Chartered Accountants (SAICA), catering to students interested in pursuing the Chartered Accountancy route.
The career opportunities for graduates from this faculty are diverse, encompassing roles such as Chartered Accountant, financial manager, tax consultant, auditor, management accountant, business manager, economist, financial analyst, business consultant, treasury analyst, risk manager, and financial planner.
Students have the option to pursue diploma programs in Accountancy, Financial Information Systems, and Internal Auditing. The bachelor's degrees offer specialisations in Accounting, Accounting Science (for the CA route), Business Management, Economics, and Commerce.
UNDERGRADUATE QUALIFICATIONS OFFERED IN THE FACULTY
Qual Code | SAQA ID | Qualification Name | NQF | Credits | Duration | Delivery Site |
W63001 | 114798 | Diploma in Accountancy | 6 | 360 | 3 | MTH |
W63002 | 101210 | Diploma in Financial Information Systems | 6 | 360 | 3 | MTH |
W63004 | 101212 | Diploma in Internal Auditing | 6 | 360 | 3 | MTH |
W63005 | 101212 | Diploma in Internal Auditing (ECP) | 6 | 360 | 4 | MTH |
W63008 | 78283 | Bachelor of Accounting | 7 | 360 | 3 | MTH |
W63009 | 114813 | Bachelor of Accounting Science | 7 | 480 | 4 | MTH |
W63010 | 80806 | Bachelor of Commerce | 7 | 360 | 3 | MTH |
W63011 | 112328 | Bachelor of Commerce in Business Management | 7 | 360 | 3 | MTH |
W63012 | 112323 | Bachelor of Commerce in Economics | 7 | 360 | 3 | MTH |
QUALIFICATION DETAILS | APS Scores | Specific Subject Requirements | PROGRAMME OVERVIEW |
Diploma in Accountancy W63001 | 21 |
| This qualification aims to provide graduates with the essential skills required to fulfil financial, taxation, auditing, and management accounting responsibilities within a finance team or independently. It serves as a solid foundation for pursuing further studies in accounting disciplines, such as the Accounting Technician qualification or becoming a Chartered Management Accountant. By acquiring this qualification, graduates will be equipped to perform various accounting functions and are prepared to advance their careers in the accounting field. |
Diploma in Financial Information Systems W63002 | 21 |
| The primary objective of this qualification is to equip graduates with the necessary competencies to engage in financial and information system activities, encompassing areas such as accounting, taxation, auditing, and management accounting. Graduates will possess the skills to work effectively in a finance team and independently. Furthermore, this qualification serves as a solid foundation for pursuing advanced studies in various accounting professions, including Accounting Technicians, Chartered Management Accountants, and more. |
Diploma in Internal Auditing W63004 & W63005 | 21 20 | Main stream
Extended stream
| This program equips graduates with the skills to perform financial and operational audit functions either within a team or independently. It serves as a foundational qualification for further studies in accounting and internal auditing. Graduates will have the expertise to assess financial records, contribute to organisational integrity, and pursue specialised certifications and career opportunities in the field. |
Bachelor of Accounting W63008 | 25 |
| The primary objective of this qualification is to adequately prepare and equip students with the essential financial, analytical, and managerial skills necessary for success in the fields of commerce and industry. By completing this program, students will develop a strong foundation in key areas, enabling them to navigate and excel in various professional settings. The program aims to cultivate the necessary competencies to make informed financial decisions, analyse data, and effectively manage resources within the dynamic and evolving landscape of commerce and industry. |
Bachelor of Accounting Sciences W63009 | 27 |
| The primary purpose of this qualification is to provide students with a comprehensive undergraduate education that serves as a solid foundation for pursuing further studies in the field of accounting, specifically the Chartered Accountant (CA) route. Graduates will be well-prepared to enter a CTA (Certificate in the Theory of Accounting) program, which is a necessary step towards achieving the designation of Chartered Accountant CA (SA). Additionally, this qualification also prepares students to practice as Registered General Accountants, positioning them within the second tier of the proposed four-tier accounting structure in Southern Africa. |
Bachelor of Commerce W63010 | 25 |
| The objective of this program is to impart knowledge, insight, and understanding of the fundamental principles and practices in commerce-related subjects. It aims to equip candidates with the necessary competencies to make valuable contributions to the business world. The program strives to develop and nurture individuals who possess the skills and abilities to effectively fulfil the roles and responsibilities of business practitioners. |
Bachelor of Commerce in Business Management W63011 | 25 |
| The purpose of this program is to empower students with the ability to think logically and critically, enabling them to make well-informed business decisions. Through the development of advanced problem-solving skills, students will gain the capacity to effectively tackle complex challenges. The program also emphasises the acquisition, organisation, analysis, evaluation, and presentation of information, with a particular focus on the growing significance of electronic-based activities in the modern business landscape. |
Bachelor of Commerce in Economics W63012 | 25 |
| The aim of this program is to impart knowledge, insight, and understanding of the principles and practices of micro- and macro-economic procedures within the field of economics. By equipping students with this knowledge, the program seeks to foster independent thinking and enhance critical evaluation skills. These skills will empower students to address the socioeconomic challenges of the 21st century in innovative and impactful ways. |
