Bachelor of Commerce in Management

The Lyceum Bachelor of Commerce in Management degree is strongly finance and accounting orientated to enable students to enter one of the most under-supplied career options in South Africa, and indeed globally. There is an enormous shortage of experienced graduates in the finance 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.

Minimum – 3 years of study (Full-time)

Maximum – 6 years of study (part-time)

Students can potentially pursue a career as a:

• General Manager
• Financial Manager
• Financial Executive
• Accountant/Senior Accountant
• Accounting Officer
• Compliance Officer
• Human Resource Practitioner
• Public Relations Practitioner

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 graduation ceremony, provided that your account is in order.

NB: Certificates cannot be issued to the students before a graduation ceremony.

The minimum requirements for Bachelor of Commerce in Management are either:

• A National Senior Certificate (NSC) with bachelor’s degree endorsement, or
• A National Certificate Vocational (NCV) at NQF Level 4 with bachelor’s degree endorsement, or
• Amended Senior Certificate (ASC), with bachelor’s degree endorsement, or
• A Senior Certificate (SC), with University Exemption (bachelor’s degree endorsement), or
• Foreign School leaving Certificate that complies with minimum admission requirements for bachelor’s degree study as gazetted by the Matriculation Board (The Matriculation Board will do equivalency evaluation)

Alternative admission requirements:

• A Diploma or Advanced Diploma in a cognate discipline
• An international qualification of appropriate equivalence as determined by the South African Qualifications Authority (SAQA). For all international qualifications, a SAQA Evaluation Certificate and syllabus are required.
• Senate discretionary admission
• Mature Age (45 years of age): conditions apply*
• Recognition of Prior Learning (RPL)
• 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. Conditions apply*.

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 %).

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 students 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.

Additional Requirements:

• Foreign applicants whose first language is not English, may be required to provide proof of proficiency in English prior to admission to the programme

*Age exemption certificates must be attained from the Matriculation Board before admission can be granted.

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 respect 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.