OCTOBER 2020 - SEPTEMBER 2021 FACT SHEET FIELD OF STUDY: BUSINESS

Page 1 of 7 FACULTY OF Approved By: B van Rooyen School of Business Department : Academics Department of Business Date Released 1 April 2020 Revision 12.NC

PROGRAMME TITLE SAQA ID NQF CREDITS BACHELOR OF COMMERCE IN 80286 LEVEL 7 384 QUALIFICATION TYPE: DEGREE

DESCRIPTION

The Lyceum Bachelor of Commerce in Management degree is strongly , management, , marketing, public relations and orientated to enable students to enter one of the most under-supplied career options in , and indeed globally. There is an enormous shortage of experienced graduates in the finance, management, human resources, marketing, public relations and accounting disciplines and it is imperative that these positions be filled with competent practitioners. Not only will students be able to master the financial and accounting functions in a company, but the degree will also focus on business management in the public and private sectors. By obtaining the Lyceum’s Bachelor of Commerce in Management degree, students will become qualified to take a leading role in the South African commerce and industry.

A recent survey indicates that more than 40% of the top posts in the country are filled by candidates with financial management qualifications. The management and other non-financial components of this degree provide a well- rounded platform for success in management positions in all sectors of the market. This degree will ensure that Lyceum graduates are adequately capacitated to fill commanding roles within industry and commerce. With the Lyceum Bachelor of Commerce in Management degree as part of your CV, you will be able to embark on a career with the potential to lead.

CAREER FIELDS

Learners could pursue a career as a: • General Manager • Financial Manager • Business consultant • Entrepreneur • practitioner • Cost Accountant • Financial Executive • Accountant/Senior Accountant • Accounting Officer • Compliance Officer • Human Resource Practitioner • Public Relations Practitioner

1st YEAR SUBJECTS NQF LEVEL CREDITS Business Management 1 5 20 Analytical Techniques 5 20 Financial Accounting 1 5 20 Commercial 5 20 1 5 20

Electives - Select one as per the chosen stream: Financial Management Stream Financial Management 1 5 20 Cost and Management Accounting Stream Cost and Management Accounting 1 5 20 Human Resource Management Stream Human Resource Management 1 5 20 Public Relations Management Stream Public Relations Management 1 5 20 TOTAL CREDITS YEAR 1 120

Page 1 of 7 Lyceum College is registered with the Department of Higher Education & Training as a private higher education institution under the Higher Education Act 101 of 1997 and its programmes are accredited by the Council on Higher Education. Registration certificate no. 2001/HE07/011

OCTOBER 2020 - SEPTEMBER 2021 FACT SHEET FIELD OF STUDY: BUSINESS

Page 2 of 7 FACULTY OF COMMERCE Approved By: B van Rooyen School of Business Department : Academics Department of Business Date Released 1 April 2020 Revision 12.NC

PROGRAMME TITLE SAQA ID NQF CREDITS BACHELOR OF COMMERCE IN MANAGEMENT 80286 LEVEL 7 384 QUALIFICATION TYPE: DEGREE

2nd YEAR SUBJECTS NQF LEVEL CREDITS Business Management 2 6 24 Business Information Systems 2 5 24 Financial Accounting 2 6 24 Internal Auditing 6 24 Economics 2 6 24

Electives - Select one as per the chosen stream: Financial Management Stream Financial Management 2 6 24 Cost and Management Accounting Stream Cost and Management Accounting 2 6 24 Human Resource Management Stream Human Resource Management 2 6 24 Public Relations Management Stream Public Relations Management 2 6 24 TOTAL CREDITS YEAR 2 140

3RD YEAR SUBJECTS NQF LEVEL CREDITS Corporate Governance 7 30 Financial Accounting 3 7 30 Taxation 7 30

Electives - Select one as per the chosen stream: Financial Management Stream Financial Management 3 7 30 Cost and Management Accounting Stream Cost and Management Accounting 3 7 30 Human Resource Management Stream Human Resource Management 3 7 30 Public Relations Management Stream Public Relations Management 3 7 30 TOTAL CREDITS YEAR 3 120 TOTAL 384 CREDITS

Learners who want to pursue a career as a Compliance Officer in terms of the regulatory framework and Financial Services Board (FSB) recognition are advised to select either Financial Management or Cost and Management Accounting as electives.

PROGRESSION

(Degree) NQF LEVEL 7

PROGRESS TO

(Postgraduate Diploma / Honors Degree) NQF LEVEL 8

Page 2 of 7 Lyceum College is registered with the Department of Higher Education & Training as a private higher education institution under the Higher Education Act 101 of 1997 and its programmes are accredited by the Council on Higher Education. Registration certificate no. 2001/HE07/011

OCTOBER 2020 - SEPTEMBER 2021 FACT SHEET FIELD OF STUDY: BUSINESS

Page 3 of 7 FACULTY OF COMMERCE Approved By: B van Rooyen School of Business Department : Academics Department of Business Date Released 1 April 2020 Revision 12.NC

PROGRAMME TITLE SAQA ID NQF CREDITS BACHELOR OF COMMERCE IN MANAGEMENT 80286 LEVEL 7 384 QUALIFICATION TYPE: DEGREE

TYPE OF PROGRAMME

• Part-Time • This is a higher education programme accredited by the Council on Higher Education (CHE) and registered with the Department of Higher Education and Training (DHET). • It is also registered at SAQA

DURATION

Minimum – 3 years of study (part-time) Maximum – 6 years of study (part-time)

ADMISSION REQUIREMENTS

. A National Senior Certificate granting permission to study at Bachelor Degree level. . Candidates over the age of 23 at registration or during their first year of attendance who have attained a Senior Certificate with at least 40% in at least four Higher Grade or Standard Grade subjects, at least three of which were passed simultaneously, one of which is a Higher Grade subject and one is English. . At least five years post-Secondary School experience in the field in which the student wishes to study. . Candidates having attained the age of 45 before or during the first year of registration. . A Diploma or Advanced Diploma in a cognate discipline. . Foreign students whose first language is not English may be required to provide proof of English proficiency; otherwise students will be required to take an English Proficiency Test prior to admission.

Lyceum applies the following minimum entry requirements for entry into the Bachelor of Commerce:

1. National Senior Certificate (NSC) with admission to Bachelor’s Degree

2. Senior Certificate (SC) with Endorsement/ Exemption; or

3. Qualify for Conditional Exemption (students with foreign school leaving qualifications, students older than 45 years of age). These students are required to have their school leaving qualifications evaluated by HESA / matriculation board prior to registration with Lyceum.

To enrol for the Bachelor of Commerce (Cost and Management Accounting/Financial Accounting) you need an Admission Point Score (APS) of at least 38, as well as four subjects from the designated list and a pass in Mathematics on at least level 5 (60 69 %).

Matric Subject NSC % Level APS Points Allocated

English 70 % 6 6

Afrikaans 80 % 7 7

Mathematics 69 % 5 5

Accounting 65 % 5 5

Life Orientation 60 % 5 5

Physical Science 74 % 6 6

Page 3 of 7 Lyceum College is registered with the Department of Higher Education & Training as a private higher education institution under the Higher Education Act 101 of 1997 and its programmes are accredited by the Council on Higher Education. Registration certificate no. 2001/HE07/011

OCTOBER 2020 - SEPTEMBER 2021 FACT SHEET FIELD OF STUDY: BUSINESS

Page 4 of 7 FACULTY OF COMMERCE Approved By: B van Rooyen School of Business Department : Academics Department of Business Date Released 1 April 2020 Revision 12.NC

PROGRAMME TITLE SAQA ID NQF CREDITS BACHELOR OF COMMERCE IN MANAGEMENT 80286 LEVEL 7 384 QUALIFICATION TYPE: DEGREE

Life Sciences 81 % 7 7

Admission Point Score 41

A student with the above APS meets the minimum admission requirements for the Bachelor of Commerce (Cost and Management Accounting/Financial Accounting) programme.

In addition to the minimum APS requirement, additional subject requirements have been set. These include:

1. Mathematics: This is required for certain programmes. Only performance in the core Mathematics topics (papers 1 and 2) will be used when making admission decisions. However, school learners are encouraged to also take the optional Mathematics topics. In certain programmes, applicants who have Mathematical Literacy instead of Mathematics may be admitted to a programme where a Mathematics entry requirement has been set. In this instance, additional modules may be added to the programme, which may extend the length of the programme.

2. Mathematical Literacy: In view of the importance of quantitative literacy for success at Higher Education studies, a minimum of a 3 (40-49%) for Mathematical Literacy is preferred for likely admission to National Higher Certificate and National Diploma programmes and a 4 (50-59%) for likely admission to degree programmes where Mathematics is not a requirement, unless otherwise indicated.

Students who have not completed Accounting at NQF level 4 (Senior Certificate/matric) will be required to complete Introduction to Finance offered at Lyceum, as a bridging course.

For full details on minimum requirements, contact the College.

ARTICULATION

Recognition of Prior Learning (RPL) processes and Credit Accumulation and Transfer (CAT) are articulation mechanisms. The institution reserves the right to conduct a formal assessment for purposes of CAT. An evaluation will be conducted to recognise prior learning. This evaluation may or may not be based on a form of formal assessment and can include a portfolio of evidence submission. These mechanisms are in line with the HEQSF as envisaged in the NQF Act 67 of 2008 and the CHE “Policies on the Recognition of Prior Learning, Credit Accumulation and Transfer, and Assessment in Higher Education” published by the CHE in August 2016.

The final approval for applications in respects of CAT and RPL is subject to academic vetting in terms of applicable legislation and institutional policies.

Enquire at your nearest Lyceum Branch Office for more information regarding the awarding of subject credits (Credit Accumulation and Transfer - CAT) towards Lyceum Qualifications.

LEARNER MATERIAL

Study material are largely supplied in digital format only. Printed copies can be ordered at the prescribed tariffs. Prescribed textbooks are excluded and must be procured by the student. (Terms and Conditions apply)

The College has a small number of prescribed textbooks. Should you experience undue problems to acquire your textbooks, you may enquire at the College.

Page 4 of 7 Lyceum College is registered with the Department of Higher Education & Training as a private higher education institution under the Higher Education Act 101 of 1997 and its programmes are accredited by the Council on Higher Education. Registration certificate no. 2001/HE07/011

OCTOBER 2020 - SEPTEMBER 2021 FACT SHEET FIELD OF STUDY: BUSINESS

Page 5 of 7 FACULTY OF COMMERCE Approved By: B van Rooyen School of Business Department : Academics Department of Business Date Released 1 April 2020 Revision 12.NC

PROGRAMME TITLE SAQA ID NQF CREDITS BACHELOR OF COMMERCE IN MANAGEMENT 80286 LEVEL 7 384 QUALIFICATION TYPE: DEGREE

Lyceum College has prescribed textbooks in the Library that can be issued for a limited period on a first come first serve basis. Should you experience undue problems to acquire your textbooks, you may enquire at the College.

PRICING

Enquire at your nearest Lyceum Branch Office or at the Main Campus for a current programme pricelist.

ADDITIONAL COSTS (Examinations)

• You have two examination opportunities within your contract period. • No examination fees are applicable for the first time you write any subject within your contract period. • Examination fees are payable if you write any subject for the second time, i.e. if you have failed your first attempt within the contract period. • Students who enrol for any study year have two examination opportunities. Students can select to write any number of subjects during the first or second examination opportunity. If you elect to write the exam during the first opportunity and fail, you may re-write (as a supplementary) at the second opportunity upon payment of the prescribed supplementary examination fee. If you elect to write the examination at the second opportunity but fail, you may write the examination during the first chance of the next cycle ONLY, upon payment of the supplementary examination fee. If you again fail, having exhausted the above opportunities, you MUST re-register for the subject before a further examination may be attempted.

ASSESSMENT

Assessments consist of two assignments (formative assessment) and a final examination (summative assessment) for each subject. If you fail to submit the compulsory assignments in time you can request permission to submit a penalty assignment at a penalty fee. If you did not submit an assignment you cannot register for examinations. Make sure you submit the compulsory assignments within the prescribed time because it does not cost you anything. Your final mark for each subject will be calculated as follows:-

• Assignments contribute 20% towards the final mark • Examination contributes 80% towards the final mark

A student who submitted assignments for a specific subject, and fails that subject, does not have to re-submit further assignments prior to writing the “supplementary” examination. The assignments mark is automatically carried over. However, if the assignments mark is low, and the student wishes to re-do the assignments, he/ she may apply to the examinations section for a copy of the new assignments (at the prescribed fee) and may then re-submit the assignments on or before the new due date.

CERTIFICATION

Upon successful completion of your programme, you will receive a certificate depicting: - Bachelor of Commerce in Management and an academic transcript. These documents will be issued at the annual graduation ceremony, couriered to the nearest branch or posted to you, provided that your account is in order.

It is the learner’s responsibility to ensure they meet all the programme requirements before a qualification can be issued.

Page 5 of 7 Lyceum College is registered with the Department of Higher Education & Training as a private higher education institution under the Higher Education Act 101 of 1997 and its programmes are accredited by the Council on Higher Education. Registration certificate no. 2001/HE07/011

OCTOBER 2020 - SEPTEMBER 2021 FACT SHEET FIELD OF STUDY: BUSINESS

Page 6 of 7 FACULTY OF COMMERCE Approved By: B van Rooyen School of Business Department : Academics Department of Business Date Released 1 April 2020 Revision 12.NC

PROGRAMME TITLE SAQA ID NQF CREDITS BACHELOR OF COMMERCE IN MANAGEMENT 80286 LEVEL 7 384 QUALIFICATION TYPE: DEGREE

FURTHER STUDIES

Please enquire at Lyceum or visit our webpage for more information. You may also elect to discuss this issue with the Lyceum Academic Team or your Student Advisor.

IMPORTANT INFORMATION

After enrolment, you will receive a Student Support Manual with important information e.g. cut-off dates, examination registration etc. You may request a copy hereof in writing before enrolment.

You will also have free access to the College’s Student Portal(s). A range of important information is posted on the portal and you are advised to frequent the portal periodically to view any updates, general and important information.

DISCLAIMER

The information contained in this fact sheet is accurate at the time of printing. However, factors beyond Lyceum’s control (such as environmental, regulatory or technical changes) may cause the contents of this fact sheet or of the programme to change. In the event of any such change, Lyceum will formally notify current learners. All possible measures will be taken to minimise inconvenience to learners.

Name of learner: I...... , hereby acknowledge that I understand the information stated in this

document and fully comprehend the specifics explained above pertaining to this qualification.

Signature of learner:......

Name of legal guardian:...... Signature: ......

(if applicable)

Name of Student Advisor: ...... Signature: ......

Date: ...... NB: The learner must initial each page and sign the last page. The original signed

copy should be kept on the learner record file.

Page 6 of 7 Lyceum College is registered with the Department of Higher Education & Training as a private higher education institution under the Higher Education Act 101 of 1997 and its programmes are accredited by the Council on Higher Education. Registration certificate no. 2001/HE07/011

OCTOBER 2020 - SEPTEMBER 2021 FACT SHEET FIELD OF STUDY: BUSINESS

Page 7 of 7 FACULTY OF COMMERCE Approved By: B van Rooyen School of Business Department : Academics Department of Business Date Released 1 April 2020 Revision 12.NC

PROGRAMME TITLE SAQA ID NQF CREDITS BACHELOR OF COMMERCE IN MANAGEMENT 80286 LEVEL 7 384 QUALIFICATION TYPE: DEGREE

Changes reflected on the programme apply to new enrolments. Students that enrolled prior to the change, must complete the programme as it was at the time of their first enrolment. Should you wish to

complete a new subject, contact your Student Advisor. N.B enrolling for the new subject will be for non-degree purposes.

Page 7 of 7 Lyceum College is registered with the Department of Higher Education & Training as a private higher education institution under the Higher Education Act 101 of 1997 and its programmes are accredited by the Council on Higher Education. Registration certificate no. 2001/HE07/011