MANCOSA Financial Management Requirements

By | 28/05/2021

MANCOSA Financial Management Requirements

MANCOSA Financial Management Requirements; See details on MANCOSA Financial Management Requirements

The Bachelor of Commerce in Financial Management is a specialised undergraduate degree programme that prepares students for the management of monetary resources in an organisation. This programme is primarily aimed at developing financial and managerial skills, to equip students to meet the demand for specialists and leaders in the financial sector.

The BCom Financial Management distance learning programme examines financial concepts such as capital, cash budgets, analysis of financial statements, taxation, commercial law and provides a comprehensive overview of financial management. In this way, while primarily gaining specialised financial skills, students consider and evaluate different factors in making informed decisions for continued financial growth in an organisation.

Outcomes

A student attaining the Bachelor of Commerce in Financial Management degree will be able to:

  • Obtain and assimilate knowledge appropriate to the practice of financial management in any organisation.
  • Obtain professional and technical skills required in financial management.
  • Evaluate financial and accounting concepts and principles and their application in solutions to practical finance problems.
  • Prepare financial statements of entities, including groups of companies, using relevant financial information, accounting techniques and standards; and to analyse and interpret such financial statements.
  • Use relevant financial techniques with cost information, for planning, decision-making, performance evaluation and control, within different business settings.
  • Apply financial management techniques to issues affecting investment, financing, and dividend policy decisions of an organisation.
  • Understand the general legal framework, and apply specific legal principles relating to business, including taxation legislation as applicable to individuals, single companies and groups of companies.
  • Explain the process of carrying out the assurance (audit) engagement and its application in the context of the professional (audit) regulatory framework.
  • Describe the organisational context of the financial manager and of the development of financial systems; to understand the need for the efficient use of resources within an organisation.

Programme structure

Duration: 3 years

Year 1

Semester 1

  • Introduction to Business Management
  • Economics 1A
  • Introduction to Financial Management
  • Business Mathematics

Semester 2

  • Introduction to Functional Areas of Management
  • Economics 1B
  • Financial Reporting and Analysis
  • Introduction to Information
    Systems

Year 2

Semester 1

  • Organisational Leadership
  • Cost Accounting
  • Taxation 2A
  • Business Law

Semester 2

  • Entrepreneurship and Small Businesses
  • Capital Budgeting
  • Taxation 2B
  • Commercial Law

Year 3

Semester 1

  • Investment and Portfolio Management
  • Organisational Strategy
  • Financial Markets and Regulations
  • Working Capital Management

Semester 2

  • Operations Management in Supply Chain
  • Budgeting and Auditing
  • Corporate Finance
  • Risk Management

Admission requirements

  • The minimum entry requirement is the National Senior Certificate or National Certificate Vocational with appropriate subject combinations and levels of achievement; or
  • An equivalent NQF level 4 qualification with proven proficiency in English; or
  • A Higher Certificate, an Advanced Certificate or Diploma.

Application

Want more info? Download application and other documents:

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