Apply Now

Bachelor of Commerce in Economics

The Independent Institute of Education (The IIE)

The IIE Bachelor of Commerce in Economics degree provides graduates with a critical understanding of the relationship between the disciplines of business management and economics in the business world. Consequently, graduates will be able to contribute to basic enquiry which informs strategic thinking and business management practices against a background and knowledge base of the South African business and economic environment. The purpose of this programme is threefold: to promote access to higher education, to qualify students for careers in the business/economics field and to provide a platform for further business management or economics studies.

What is this Degree’s accreditation status?

The IIE Bachelor of Commerce in Economics degree is accredited by the Council on Higher Education (CHE) and is registered with the South African Qualifications Authority (SAQA) on the National Qualifications Framework (NQF) as a 361-credit qualification on level 7 (SAQA ID: 93854).

Who is the Bachelor’s degree aimed at?

The IIE Bachelor of Commerce in Economics degree is aimed at students who are keen to study a broad-based commerce degree along with the opportunity to specialise in business management and economic practices.

This degree will appeal to you if the world of business and economics holds your interest.

What entry requirements will I need to study this Bachelor’s degree?

To be registered you must have satisfied the admission requirements as set out in the following links:

What must I pass in order to graduate with this Bachelor’s degree?

In order to be awarded this qualification, you must have achieved a minimum final year mark of fifty percent (50%) for each module of the programme; and have met all the Work Integrated Learning requirements, where applicable.

With what qualification will I graduate?

You will graduate with The IIE Bachelor of Commerce in Economics degree (SAQA ID: 93854)

Career opportunities: what career areas can I pursue once I have completed The IIE Bachelor’s degree?

This degree will open up an attractive range of career options; this degree is an ideal stepping stone to a diverse and exciting range of business-related career opportunities that include:

• General management
• Banking and Insurance
• Business management
• Business consulting
• Economic consulting
• Financial consulting
• Corporate advising
• Business strategy planning

Would it be possible to study further to obtain a postgraduate qualification once I have completed The IIE BCom (Economics) degree?

The IIE BCom in Economics is accredited by the South African Council on Higher Education and registered on the South African National Qualifications Framework (NQF) at level 7 – the same level as other equivalent undergraduate degrees at South African universities. The opportunity to apply for a postgraduate certificate/diploma or Honours degree with The IIE or any South African university exists subject to specific programme entrance requirements.

How do I find out more about these further study opportunities?

As a registered student at IIE MSA, we will support you to explore the possible postgraduate options that align with your chosen career area. It is important to remember that your academic results remain a key factor when applying for further studies.

What is The Teaching and Learning Strategy of The IIE MSA, and how will it help prepare me for the 21st century working world?

At IIE MSA campus we are proud of and passionate about our shift away from the ‘traditional lecturing’ methodology to our blended-learning strategy.

This blended-learning strategy extends learning beyond the confines of the classroom and creates opportunities for our students to work collaboratively, with peers and their educators, to construct their understanding of concepts. Student engagement is supported by the use of a learning management system (LMS) and the online learning materials that have been developed to underpin our teaching strategy.

Due to this approach, you will be expected to spend time conducting your own research, study for assessments and work on assignments. To gain the most from the blended learning experience, IIE MSA’s Wireless classrooms and campuses, students are required to BYOT (Bring Your Own Technology) such as mobile devices, netbooks, laptops or tablets, etc. so as to develop the necessary academic and digital literacies over the three years of this degree.

This student-focused approach compels our students to be accountable for their learning while developing the critical skills they will need to thrive in the rapidly changing 21st century work environment.

As such, academic life for our students is dynamic, challenging and relevant.

How is this Bachelor’s degree structured at IIE MSA?

The IIE BCOM in Economics degree is a three-year degree. The academic year runs from February to November. The modules are delivered on a full-time basis with lectures and tutorials being scheduled during the day from Monday to Friday.

Due to the MSABlend approach, you will be expected to spend time conducting your own research, study for assessments and work on assignments. To gain the most from the blended learning experience, MSA’s Wireless classrooms and campuses, students are required to BYOT (Bring Your Own Technology) such as mobile devices, netbooks, laptops or tablets, etc. so as to develop the necessary academic and digital literacies over the three years of this degree.

The curriculum below is correct at the time of print. Please note that in line with academic practice, The IIE’s curriculum is annually reviewed thus changes may occur in module structure and sequence in order to ensure that the qualification remains relevant. The exit level outcomes of the programme do not change. Registered students receive an updated programme curriculum on an annual basis.

BACHELOR OF COMMERCE IN ECONOMICS

 

1 st SemesterNQF levelCredit Value2 nd SemesterNQF levelCredit Value
ACBP5121
Accounting 1A
515BMAN5121
Business Management 1
515
APCT5121
Applied Communication Techniques
515PMAC5112
Economics 1B
515
PMIC5111
Economics 1A
515FIMA5111
Introduction to Financial Management
515
MATH5111
Mathematics 1A
515MATH5112
Mathematics 1B
515

PMIC5111 is a co-requisite for PMAC5112

Please note below:

Students who do not gain entry into the Bachelor of Commerce in Economics (BCEC322) first time around, based on the existing admission requirements, should be allowed to apply for the Bachelor of Commerce (BM322) and if the following condition is met, students can transfer to the BCom Economics in the second year of study.

The student is required to obtain a minimum of 60% for each of the following modules:
Economics 1A (PMIC5111); and

Economics 1B (PMAC5112) in the first year of the BCom (BM322) in order to transfer into the BCEC322 in the second year of study.

Year 2

 

1 st SemesterNQF levelCredit Value2 nd SemesterNQF levelCredit Value
BUSL6222
Business Law
615BDMO6212
Business Data Modelling
615
BMNG6221
Business Management 2A
615BMNG6222
Business Management 2B
615
BSTA6212
Business Statistics
615MAEC6222
Intermediate Macroeconomics 2B
615
MIEC6221
Intermediate Microeconomics 2A
615PBEC6212
Public Economics
615

PMIC5111 is a pre-requisite for MIEC6221
PMAC5112 is a pre-requisite for MIEC6221
PMIC5111 is a pre-requisite for MAEC6222
PMAC5112 is a pre-requisite for MAEC6222
BSAT6212 is a pre-requisite for BDMO6212

Year 3

 

1 st SemesterNQF levelCredit Value2 nd SemesterNQF levelCredit Value
AMIE7311
Advanced Microeconomics
715AMAE7312
Advanced Macroeconomics
715
ECME7311
Econometrics A: Introduction
715ECME7322
Econometrics B: Applied
715
INTF7311
International Trade and Finance
715MOEC7322
Monetary Economics
715
INRS7321
Introduction to Research
715REPR7312
Research Practice
715

MIEC6221 is a pre-requisite for AMIE7311
MAEC6222 is a pre-requisite for AMIE7311
MIEC6221 is a pre-requisite for ECME7311
MAEC6222 is a pre-requisite for ECME7311
MIEC6221 is a pre-requisite for INTF7311
MAEC6222 is a pre-requisite for INTF7311
MIEC6221 is a pre-requisite for AMAE7312
MAEC6222 is a pre-requisite for AMAE7312
ECME7311 is a pre-requisite for ECME7322
BSAT6212 is a co-requisite for ECME7311
INRS7311 is a co-requisite for REPR7312

Please note that the organisation of modules and the semester in which they are offered may change.

What about timetables?

Our full-time programmes are aimed at students wishing to dedicate themselves to full-time face-to-face studies for the duration of their qualification. This means that students are expected to be available throughout the day for class in the academic year depending on how the timetable is structured. Students may also be required to write assessments or submit coursework or assignments outside of normal class-time.

Students must understand that timetables remain subject to change throughout the year. Unfortunately, we cannot guarantee that timetable structures will remain the same during each year of your studies with us. In addition, where students are repeating modules, these modules may be offered in the evenings or on weekends. Students are required to attend classes in order to remain up to date with the academic programme. Students who would like to pursue part-time employment opportunities outside of the academic programme must prioritise their studies and avoid committing to work schedules until after they have received their timetables and academic calendar from the institution.

Call the IIE MSA campus to discuss your career options with one of our Student Advisors. Tel: +27 11 950 4009 or email enquiries@iiemsa.co.za

BCEC322 2020 V1 29 January 2020

Disclaimer: Please note that this fact sheet is accurate at the time of publication. The Independent Institute of Education (The IIE) reserves the right to alter any of the content prior to commencement of registration due to changes in regulation, policy, market requirements or any other valid reason.

British Accreditation Council

The IIE is not only accredited in South Africa but its dedication to providing quality education also led to it being accredited by the British Accreditation Council (BAC) in 2014. The British Accreditation Council is an independent authority in the United Kingdom that accredits private providers globally, including Greece, Switzerland, Singapore, India, Mauritius and the United Arab Emirates. In 2017 The IIE had its accreditation status confirmed by the BAC as an Independent Higher Education Institution confirming our confidence in the international comparability of our standards.

“South African students need to know, when they select a private higher education institution, that the standards offered are equivalent to those of a public University. Our students get this from our extensive local accreditation and registration. The students also benefit from knowing that we meet international standards too. The IIE is accredited as an Independent Higher Education Institution by the British Accreditation Council. Locally and internationally we have demonstrated the quality of what we offer,” said Dr Coughlan, Director, The Independent Institute of Education. IIE MSA students can be confident that their IIE learning experience meets international best practice standards.”