Undergraduate & honours qualifications

Bachelor of Commerce in Financial Management

Qualification stream: Financial Management
Qualification code: 98306 - FMN
NQF level: 7
Total credits: 360
SAQA ID: 101094
APS/AS: 21
The College has made several amendments to the curriculum: replaced TAX2601 with BAN2601; included BAN2602, TAX2601 and BAN3702 as electives; removed CLA1502, INV2602 and MAC2601 from the curriculum; and moved TAX3701 from the compulsory list to the elective list and removed FAC3701 + FAC3704 as electives. Students who have already completed the modules that were replaced or moved, in this curriculum, will retain the credit(-s) and will not be required to complete the relevant replacement modules. Students who have already completed TAX2601in this curriculum, will retain the credit as a 2nd year elective but may be required to complete BAN2601 (unless the required number of electives have already been completed before this curriculum amendment). Students should note that during the course of their studies they would be required to have access to a computer, printer and the internet.
Purpose statement:
The primary purpose of the qualification is to provide qualifiers with graduate-level knowledge, specific skills, applied competence and the necessary attitudes in the fields associated with commerce and industry that prepare them to be lifelong learners, employable workers/entrepreneurs and contributors to society and the business community. The second purpose of the qualification is to provide South Africa (and other countries) with functional managers at the middle management level in all sectors of the economy. A further purpose of the qualification is to provide graduates with a self-sustaining understanding of the process whereby productive resources are mobilised and utilized with a view to being gainfully employed in serving the material needs of society in a globalised world.
This qualification will be presented using both online and distance learning modes.

Who can register?

  • Applicants may only register once they have received confirmation from Unisa that their application for admission has been accepted. Unisa reserves the right to not process and / or to cancel your registration if it is found that you were incorrectly admitted to a qualification. Admission to the alternative qualification is not automatic. It will depend on whether you comply with admission requirements and if space is available.
  • Re-registering students may register for the 2020 academic year once the registration period opens.

Please note:

  • Should you wish to start a new qualification, please apply online for the alternative qualification.
  • All communication sent to you after the initial study package (with the exception of study guides) will be sent electronically to your myLife e-mail account (eg follow-up tutorial letters, examination timetables and results, financial statements). You will no longer receive such communication in printed format.

How to choose your modules

Each Unisa qualification is structured in such a way that you need to pass a certain number of modules and NQF level credits within a certain amount of time in order to graduate. You must pass a minimum number of credits / modules annually so that you are able to re-register and continue with your qualification:

  • At least 36 NQF credits (3 modules of 12 credits each) in your first year of study.
  • At least 48 NQF credits (4 modules of 12 credits each) in your second or further years of study.

You may not register for more than the allowed maximum number of credits / modules per semester:

  • At least 60 NQF credits (5 modules of 12 credits each) in a semester.
  • At least 120 NQF credits (10 modules of 12 credits each) per year for year modules.

The maximum number of credits do not include supplementary and / or aegrotat examinations from a previous semester. Modules taken for non-degree / non-diploma purposes also count towards the maximum number of credits allowed.

You must take your available time into consideration when choosing your modules, as this will impact your academic performance. You need approximately

  • 6 to 8 hours per week for semester modules.
  • 4 to 6 hours per week for year modules.

Click here for more information on managing your studies.

Curriculum for this qualification

As you are deciding on the modules you will be registering for, remember to write down the module names and codes so that you have something that you can refer to when completing your registration.

First level

Module Pre-requisite/Co-requisite/Recommendation
Group A. Compulsory
CLA1501 - Commercial Law IA
ECS1501 - Economics IA
ECS1601 - Economics IB Pre-requisite:ECS1501
FAC1502 - Financial Accounting Principles, Concepts and Procedures
FAC1601 - Financial Accounting and Reporting Pre-requisite:FAC1502 (except for qualification code 90017)
MNB1501 - Business Management IA
MNB1601 - Business Management IB Pre-requisite:MNB1501 (except for qualification code 90017)
SUS1501 - Sustainability and Greed

Second level

Module Pre-requisite/Co-requisite/Recommendation
Group A. Compulsory
BAN2601 - Money And Banking
ECS2601 - Microeconomics Pre-requisite:ECS1501
ECS2602 - Macroeconomics Pre-requisite:ECS1601
FAC2601 - Financial Accounting for Companies Pre-requisite:FAC1502 & FAC1601 (except for qualification code 90017)
FAC2602 - Selected Accounting Standards and Simple Group Structures Pre-requisite:FAC1502 & FAC1601(except for qualification code 90017)
FIN2601 - Financial Management Pre-requisite:FAC1601 or FAC1602, MNB1601 & ECS1601
FIN2602 - Personal Financial Management
INV2601 - Investments: an Introduction Pre-requisite:MNB1601 & (either FIN2601 or FIN2603)
MNG2601 - General Management
RSK2601 - Enterprise Risk Management Pre-requisite:MNB1601
Group B. Choose 2 of the following
BAN2602 - Banking : Introduction to Treasury Management Pre-requisite:BAN2601
ECS2603 - South African Economic Indicators Pre-requisite:ECS1601
ECS2605 - South African Financial System Pre-requisite:ECS1601
MNO2601 - Production and Operations Management Pre-requisite:MNB1601
RSK2602 - Fundamentals of Operational & Financial Risk
TAX2601 - Principles of Taxation Pre-requisite:FAC1502

Third level

Module Pre-requisite/Co-requisite/Recommendation
Group A. Compulsory
ECS3701 - Monetary Economics Pre-requisite:ECS2602
FIN3701 - Financial Management Pre-requisite:FIN2601
FIN3702 - Working Capital Management Pre-requisite:FIN2601
MNG3701 - Strategic Planning IIIA Pre-requisite:MNG2601 (Not applicable to BTEXP, BTSMN, 98222 & 98235)
MNG3702 - Strategic Implementation and Control IIIB Co-requisite:MNG3701
RSK3701 - Risk Financing and Short Term Insurance
Group B. Choose 4 of the following
BAN3702 - Banking : Treasury Management Pre-requisite:BAN2602
ECS3703 - International Finance Pre-requisite:ECS2602
INV3701 - Investments: Equity Asset Valuation Pre-requisite:INV2601
INV3702 - Investments: Fixed Income Analysis Pre-requisite:INV2601
INV3703 - Investments: Derivatives Pre-requisite:INV2601
RSK3702 - Risk Management: Long Term Insurance Pre-requisite:RSK3701
TAX3701 - Taxation of Business Activities Pre-requisite:FAC1601 & TAX2601