Faculty of Commerce, Law & Management 2019 - GraduIn
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Faculty of Commerce, Law & Management Today’s Millennials Tomorrow’s Originators #WitsEdge 2019 WITS GUIDE FOR UNDERGRADUATE APPLICANTS www.wits.ac.za
The University of the Witwatersrand, known as Wits, consists of several campuses spread over 400 acres in the suburbs of Braamfontein and Parktown in APPLY ONLINE Johannesburg (South Africa), the vibrant, www.wits.ac.za culturally diverse and leading /applications commercial city on the African continent. Published by the Wits Marketing Department in 2018. Disclaimer: This publication contains information about regulations, policies, tuition fees, curricula and programmes of the University applicable at the time of printing. Amendments to, or updating of the information in this publication may be effected from time to time without prior notification. The accuracy, correctness, or validity of the information contained in this publication is therefore not guaranteed by the University at any given time and is always subject to verification. The user is kindly requested to, at all times, verify the correctness of the published information with the University. Failure to do so will not give rise to any claim or action of any nature against the University by any party whatsoever.
CONTENTS University Rankings..............................................1 The Dean of the Faculty.......................................2 The Dean’s Welcome Message............................2 Admission Requirements: National Senior Certificate (NSC).........................3 Admission Requirements: National Certificate (Vocational) (NCV).................4 Study Fees...........................................................4 Application Closing Date......................................4 Admission Requirements: Faculty of Commerce, Law and Management......................5 Faculty of Commerce, Law and Management.....7 Why the Wits BCom?...........................................7 Structure of the Wits BCom.................................8 Flexibility and Specialisation in Major Combinations.........................................10 Specialised Degrees:............................................14 Accounting Degrees.............................................15 Law Degrees ........................................................18 Apply to Wits in 5 Steps.......................................19 Student Support...................................................20 Road to Success Programme..............................20 Student Enrolment Centre Private Bag 4, WITS 2050 Ground Floor, Solomon Mahlangu House, Jorissen Street, Braamfontein, 2000 Operating Hours: Monday to Friday 08:00 to 16:30 | Wednesday 09:00 to 16:30 www.wits.ac.za/askwits/ Student Call Centre 011 717 1888 2
Wits is among the TOP 400 universities in the world Academic Ranking of World Universities Wits 230 Rankings Globally Wits is the HIGHEST RANKING university in South Africa *Centre for World University Rankings QS World University Rankings 1 181 364 in South Africa Globally Globally BRICS Times Higher Education 251- 36 300 Globally Globally www.wits.ac.za/about-wits/facts-and-figures/academic-rankings/ 1
Professor Valodia has a doctor- ment organisations, including the ate in Economics from UKZN. He United Nations Research Institute has published widely in the fields for Social Development, the United of inequality, employment, the in- Nations Development Programme, formal economy, gender, compe- UN Women, the World Bank, and tition policy and industrialisation. Women in Informal Employment: He is currently leading an initiative Globalising and Organising, among at Wits to establish the Southern others. Professor Valodia is a part- Centre for Inequality Studies. His time member of the Competition two most recent books deal with Tribunal and a Commissioner on competition policy in Africa and the Employment Conditions Com- the gender impacts of taxation. He mission. He recently chaired, at the has published in leading interna- invitation of Deputy President Cyril tional journals and is one of only Ramaphosa, the Advisory Panel a handful of South African econ- on the National Minimum Wage in omists with an NRF B-rating. He South Africa, and was on a panel serves on a number of econom- advising the Minister of Economic ic policy forums and has worked Development on amendments to with leading international develop- the Competition Act in South Africa. Welcome! Join a community of excellence and achievement and participate in shaping the future The value of a Wits BCom results shaping our economy. Your degree towards ‘future proofing’ your from guidance by intellectuals on will encourage your intellectual curi- career. With one of the highest the frontlines of academic and osity and sharpen the mental habits graduate employment rates in the business research, and in the de- and instincts you’ll need to thrive in country you’ll find yourself a highly gree’s unique flexibility. Wits BCom a complex, competitive job market. sought after commodity, locally graduates join the working world You will learn to collaborate with fel- and internationally, with your Wits equipped with problem solving low students, work as a team and BCom. skills, critical thinking and intellec- compete individually for excellence. tual agility crucial for successful The Wits BCom degree is an in- careers in commerce, locally and Professor Imraan Valodia vestment for your future. It estab- Dean of the Faculty of globally. lishes a strong foundation both Commerce, Law and Management As a Wits BCom student, you will wide and deep, puts in place the fully immerse yourself in business building blocks of intellectual cap- and engage with those who are ital, and provides the first step 2
Admission Requirements: National Senior Certificate (NSC) In order to gain acceptance in any of the faculties, applicants require: • National Senior Certificate (NSC) or Independent Examinations Board (IEB) subjects, and • Certain levels of achievement as set out in this Guide, as well as Bachelor’s Passes. Wits tabulates the points score for all subjects on the following basis: • English must be taken either as Home Language or as 1st Additional Language. • Mathematics is compulsory for all numerate degrees in Engineering and Built Environment, Commerce, Law and Management, Science and most Health Sciences. • Maths Literacy will be accepted by BA Law, Education and Humanities (except for Speech-Language Pathology and Audiology). • Wits does not distinguish between designated vs. non designated subjects when calculating the admission point score (APS). • The APS calculation is based on the best seven subjects including Life Orientation. Wits’ APS for Wits’ APS National Senior Certificate (NSC) Wits’ APS for Wits’ APS % Mathematics for Life Admission Point Score (APS) other subjects & English Orientation NSC Scale of Achievement NSC % 90 - 100 8 + 2 = 10 4 8 7 80 - 99 80 - 89 7+2= 9 3 7 6 70 - 79 70 - 79 6+2= 8 2 6 5 60 - 69 60 - 69 5+2= 7 1 5 50 - 59 4 0 4 4 50 - 59 40 - 49 3 0 3 3 40 - 49 30 - 39 0 0 0 2 30 - 39 0 - 29 0 0 0 1 0 - 29 Calculate your Points SUBJECT % WITS APS 1. E nglish Home Language or LOLT 2. 1st Additional Language 3. Mathematics/Maths Literacy 4. 5. 6. 7. Life Orientation TOTAL APS N.B: Seven subjects are used in the calculation of APS NB: Compliance with the minimum requirement does not guarantee a place at the University. The University has a specific number of places for first year undergraduates, approved by the Department of Higher Education and Training. Final selection is made subject to the availability of places, academic results and other entry requirements where applicable. 3
Admission Requirements: Current Study Fees (2018) National Certificate APPROXIMATE TUITION FEES FOR THE FIRST YEAR OF (Vocational) (NCV) STUDY (Excludes textbooks, study notes, etc.) Subject to institutional admission requirements, the At the time of going to print, the tuition fees for 2019 minimum admission requirement to a Bachelor’s were not available. These are the approximate tui- degree programme is a National Certificate (Vocational) tion fees for the first year of study in 2018. Fees may Level 4 issued by the Council for General and Further increase by approximately 10% or more, so you need Education and Training. to add at least 10% to the figures below. Please note that the fees listed below are for South African The minimum legislative requirements for admis- citizens only. International students pay a composite fee sion to a Bachelors degree include the achieve- depending on the degree. This information is available at ment of: www.wits.ac.za/internationalstudents • Three fundamental subjects between 60 - 69% in- South African citizens will be expected to make a first cluding English, as the language of learning and payment prior to, or during enrolment before being teaching at Wits. permitted to enrol at the University. Applicants will be informed of this in writing. This amount is offset • Three vocational subjects from the designated list against the fee account. between 70 - 79%. International applicants pay fees at the beginning of the year. All International applicants must pay 75% of Admission Point Score the tuition fees and related costs at the time of regis- Rating Code Rating % tration. The balance is to be paid by the end of March. 5 Outstanding 80-100 www.wits.ac.za/study-at-wits/fees-and-funding/ fees-office/ 4 Highly competent 70-79 3 Competent 50-69 All fees are due by 31 March. If you cannot pay you will be required to contact the Fees Office to sign a 2 Not yet competent 40-49 payment plan. 1 Not achieved 0-39 Commerce, Law and Management Wits’ institutional requirements are: Bachelor of Commerce (BCom) R45 260-R48 330 An applicant who holds an NCV may be invited to Bachelor of Accounting Science R48 530 (BAccSc) write a test, provided that he/she has met the follow- ing compulsory institutional requirements as well as Bachelor of Economic Science R44 010 (BEconSc) the Faculty and degree-specific requirements. An applicant must have: • Taken English as either a language of learning and teaching, or as the 1st Additional Language • Taken Mathematics as a fundamental component • Achieved 70 - 79% for all seven subjects - in funda- mental and vocational categories. APPLY ONLINE www.wits.ac.za /applications Commerce, Law & Management English 4 (70%) APPLICATION CLOSING DATE BCom Mathematics 4 (70%) BEconSc 30 SEPTEMBER BAccSc Four subjects from Business, Commerce & Management Studies 4
Minimum Admission Requirements Faculty of Commerce, Law and Management National Senior Certificate (NSC) Minimum Admission Requirements (Bachelor’s Degree Pass) Closing Date: 30 September 2018 NB: Due to the limited number of places available, meeting the minimum requirements does not guarantee a place. Final selection is made subject to the availability of places, academic results and other entry requirements where applicable. www.wits.ac.za/undergraduate/entry-requirements/admission-requirements-nsc/ English Home Language Programmes APS OR Mathematics Wait-listing 1st Additional Language School of Accountancy Applicants with an APS between 39- Bachelor of Accounting Science 42 + 41 as well as English 6 and Mathe- (BAccSc) 5 6 matics 6 will be wait-listed subject to (3 years) the number of places available. Applicants with an APS between 35- Bachelor of Commerce 38 as well as English 6 and Mathe- BCom(Accounting) 39 + 5 5 matics 6 will be wait-listed subject to (3 years) the number of places available. School of Economic and Business Sciences Applicants with an APS between 35- Bachelor of Commerce 38 as well as English 6 and Mathe- (BCom) 39 + 5 5 matics 6 will be wait-listed subject to (3 years) the number of places available. Applicants with an APS between 39- Bachelor of Economic Science 41 as well as English 5 and Mathe- (BEconSc) 42 + 5 6 matics 7 will be wait-listed subject to (3 years) the number of places available. School of Law Applicants with an APS between 35- Bachelor of Commerce with Law 42 as well as English 6 and Mathe- BCom(Law) 43 + 5 5 matics 6 will be wait-listed subject to (3 years) the number of places available. 5
Faculty of Commerce, Law and Management International Qualifications (Relevant exemption from South African Matriculation Board) NB: Due to the limited number of places available, meeting the minimum requirements does not guarantee a place. Final selection is made subject to the availability of places, academic results and other entry requirements where applicable. Advanced Level (A Level) Advanced Level (A Level) Certificate of Secondary Ordinary Level (O Level)/ Higher Int. Certificate of Secondary Education Secondary Education International General Advanced Subsidiary Advanced Subsidiary Higher International Baccalaureate Baccalaureate Certificate of International International (IB Diploma) (IB Diploma) Education (AS Level) (AS Level) (HIGCSE) (HIGCSE) (IGCSE) English Language Mathematics School of Accountancy HL,SL HL,SL A-C A-C A-C 1-3 A-B A 1-2 4-7 5-7 HL,SL HL,SL A-C A-C A-C 1-3 A-C A-B 1-3 4-7 4-7 School of Economic and Business Sciences HL,SL HL,SL A-C A-C A-C 1-3 A-C A-B 1-3 4-7 4-7 HL,SL HL,SL A-C A-C A-C 1-3 A-B A 1-2 4-7 6-7 School of Law HL,SL HL,SL A-C A-C A-C 1-3 A-C A-B 1-3 4-7 4-7 www.wits.ac.za/clm/ 6
Faculty of Commerce, Law & Management The Faculty of Commerce, Law and Management offers professional development in the business and legal areas of expertise through educational programmes that compare with the very best globally. The Faculty is home to three schools offering both undergraduate and postgraduate programmes from Bachelors through to PhDs: the School of Accounting, School of Economic and Business Sciences (SEBS) and the School of Law. The Faculty offers several undergraduate degrees including the Bachelor of Commerce (BCom) with flexible major combina- tions or more specialised programmes such as the BCom(IS), BCom(Acc), BCom(PPE) or BCom(Law); the Bachelor of Accounting Science (BAccSc) and the Bachelor of Economic Science (BEconSc). The Faculty is also home to the Wits Business School and the Wits School of Governance. These schools are on the Parktown campus and offer postgraduate programmes only, including the Wits MBA. Index Structure your Wits BCom ..................................8 Flexible BCom Major Combinations....................9 - Economics.......................................................10 - Finance............................................................10 Why the Wits BCom? - Human Resources Management.....................11 The Wits BCom is an investment in your future. It - Information Systems.......................................11 establishes a strong knowledge foundation, puts in place the building blocks of intellectual capital, and - Insurance and Risk Management....................12 provides the first step towards ‘future proofing’ your - Management...................................................12 career. With one of the highest graduate employment - Marketing........................................................13 rates in the country you’ll find yourself a highly sought after commodity, both locally and internationally. Specialised Degrees: BCom(PPE) - Politics, Philosophy and Economics ........................................................14 BAccSc - Accounting Science...........................15 BCom(Accounting).............................................16 BEconSc - Economic Science...........................17 www.wits.ac.za/bcom Studying Law at Wits.........................................18 7
STRUCTURE YOUR WITS BCom DEGREE WITH ONE OF THE HIGHEST GRADUATE EMPLOYMENT RATES IN THE COUNTRY YOU’LL FIND YOURSELF A HIGHLY SOUGHT AFTER COMMODITY, LOCALLY AND INTERNATIONALLY WITH YOUR WITS BCom Structuring your BCom degree The Wits BCom consists of a set of compulsory first By choosing three potential majors, you can start year courses that virtually all BCom students under- to explore areas of interest in more depth, but still take. First year courses build foundational knowledge allow yourself time to make final choices later on. across areas such as Economics, Accounting, Com- Remember that a BCom degree must have at least mercial Law, Information Systems and Introductory one commerce major, the second major can be from Mathematics and Business Statistics. These courses another faculty - either Science or Humanities. How- form the foundation of a degree preparing students ever, many students take both majors within the for careers in the commercial and related sectors Commerce Faculty. of any economy. These courses are either full-year courses that are taken across both semesters of the One of the great benefits of a Wits BCom degree is academic year, or may be semester long. In some that you don’t have to commit to your major choices cases you need to pass one course before you may in your first year of study. The Wits BCom (General) proceed to another. allows you to register without choosing your majors upfront. There are several BCom degrees that have In your second year, you choose courses or modules slightly different requirements and can be chosen when leading to three potential majors. The Wits BCom is you register. It is however generally very easy to move a double major degree - this means that you need to between these degrees if you change your mind later. take two full majors as part of your degree. A Major The Faculty office can guide and advise you, both at is defined by taking a set of courses up to third year registration or during the year. level all related to a single discipline. Structure of the Wits BCom Degree First Year (Compulsory) Economics IA OR Computational Fundamentals of Economics Theory IA Mathematics Information Systems + Accounting I + + Economics IB OR Business Statistics Commercial Law Economics Theory IB Second Year (Choose Majors) Potential Major Potential Major Potential Major + + (2nd Year Level) (2nd Year Level) (2nd Year Level) Third Year Major 1 Major 2 + (3rd Year Level) (3rd Year Level) www.wits.ac.za/bcom/structuring-your-wits-bcom/ 8
From second year onwards, students elect their majors from either the SEBS disciplines: Economics, Finance, Information Systems, Insurance and Risk Management, Human Resource Management, Marketing and Management, or from majors such as Accountancy, Auditing and Law, or selected approved majors from other faculties. Use our guided flexibility in major combinations to create a BCom degree that suits your unique career aspirations. 2 CHOOSE AND COMBINE MAJORS TO SUIT YOUR UNIQUE CAREER PATH! MAJORS 3 YEARS 9
FLEXIBILITY IN MAJOR COMBINATIONS Economics Finance Do you have a flair for problem solving, reasoning and Are your idols just as likely to be entrepreneurs and analysis? Are you fascinated by how money actual- business people as pop stars or athletes? Would ly does make the world go round? Then a career in you say that you’re analytical, and good at problem economics might be perfect for you! solving and planning? Are you good with figures, and have you always been savvy with your money? Then So, what is Economics? consider a major in finance. Economics is the study of how, where and why money So, what is Finance? and resources are produced, spent and allocated by government and businesses, and how these help and Finance has been simply defined as the science of affect the lives of individuals. When you hear discus- managing money. This involves two broadly related sions around unemployment, monetary policy, budget activities: firstly the management of money by busi- deficit and inflation, chances are an economist is in- ness (corporate finance), government (public finance), volved. Businesses, organisations and citizens are all and individuals (personal finance); and secondly, the affected by both their country’s economy and what process of acquiring the funds needed to operate happens globally, so every commerce graduate will successfully. Finance is the engine of, and central to, undertake at least one year of study in economics. all economies and stock markets. Some of the many topics you will study include investments, equity and Combine with: debt, assets and liabilities, credit, mergers and acqui- • Finance sitions, dividend policy, initial public offerings (IPOs), • Information Systems financial regulations and decision-making. • Insurance and Risk Management Combine with: • Law • Economics • Management • Information Systems OR • Insurance and Risk Management • with Politics or Philosophy as part of a BCom(PPE) • Law • Management Careers Careers • Analyst • Chief Executive Officer • Chief Executive Officer • Chief Financial Officer • Chief Investment Officer • Chief Investment Officer • Economic Consultant • Financial Advisor • Economist • Financial Journalist • Investment Analyst • Financial Risk Manager • Investment Banker • Investment Analyst • Journalist • Investment Banker • Manager • Merchant Banker • Political Advisor, ‘lobbyist’ • Portfolio Manager • Policy Analyst • Public Sector Consultant • Politician • Stock Broker • Researcher 10
Human Resource Management Information Systems Are you a great communicator who relates well to a Are you fascinated by how technology affects people, wide range of people? Do you have excellent problem organisations and societies, and vice versa? Are you solving skills, with the ability to ‘see both sides’? Are the first to download and use the latest app? Do you you a good listener who wants to ‘make a difference’ enjoy solving ‘real world’ problems? Then you should to an organisation? Then studying human resource seriously consider information systems as a career. management may be a great choice for you. So, what are Information Systems? So, what is Human Resource Management? Information Systems (IS) enable individuals, organisa- Human Resource Management (HRM) is the manag- tions and society to gather, store, organise, protect, ing of people within organisations so as to optimise retrieve, share and make sense of information. They their performance for the greater good of the organi- provide the opportunity to do things differently and sation. HRM studies focus on people-related policies are at the forefront of changing the world we live and and systems, and are also concerned with change in work in. Though technologies play a vital part in these organisations and industrial relations. Recruitment, systems, the focus of IS study is on the design of sys- talent management, employee development and tems in their entirety, not just the technology compo- motivation, and compensation are all key aspects of nents. This is how studying IS differs from information HRM. technology (IT) or computer science. Combine with: Combine with: • Management • Finance • Psychology • Marketing • Law • Computer Science • Information Systems • Management • Economics • Economics • Marketing • Law Careers • Psychology • Consulting Careers • Human Resource Management • Application Developer • Industrial Relations Management • Business Analyst • Management • Change Manager • Negotiations • Chief Information Officer • Recruitment and Talent Management • IT Auditor • Strategic Planning • IT Consultant • Training and Development • Project Manager HRM specialists are employed in every industry and • Systems Analyst across all sectors including government and non- • Technology Architect profit organisations. • UX/UI Designer IS professionals are found in every sector of the economy. Many large organisations employ IS professionals, but they also work for consultancies and specialist technology companies. IS knowledge and skills are globally relevant, in short supply and high demand. 11
Insurance and Risk Management Management Do the management of risk and the probability of Do you have a flair for planning, organising and team- occurrence of disaster fascinate you? Have you got work? Are you an effective communicator who is able an eye for complexity, and a head for figures? Are you to motivate others? Do you see yourself leading a analytical and focused, with good attention to detail? Fortune 500 company, or as South Africa’s next fa- If so, a career in insurance and risk management mous entrepreneur? If so, consider majoring in man- might be ideal for you. agement. So, what is Insurance and Risk Management? So, what is Management? Insurance is the way that companies and individuals Management is the study and science of how organ- protect themselves against the risk of loss, and loss isations are run and administrated, be they business- itself. The loss may involve property, life, health or es, government bodies or non-profit organisations. income. It is a form of risk management. The nature of management is best illustrated in top- ics you will study, such as: leadership and the role of Risk Management itself refers to the way that risks are managers, managing individuals, groups and teams, identified, assessed and prioritised, and the means and organisational development and behaviour. used to minimise, monitor and control the threat that unfortunate events can pose. The important and complex areas of project manage- ment and strategic management also fall within this Combine with: discipline, as do the theory and practice of entrepre- • Economics neurship and new venture creation. • Finance Combine with: • Law Almost any discipline, as most graduates eventually • Management move into leadership positions in the course of their Careers careers. There is a high level of specialisation in this field, lead- Careers ing to a number of career options including: • Compliance Manager • Appraiser • Manager in Public Works and Health • Asset Manager • Manager in Tourism • Claims Adjustor • Marketing Manager • Compliance Officer • Operations Manager • Insurance Analyst • Project Manager • Insurance Broker • Strategic Planning Director • Financial Advisor • Training Manager • Sales Representative Top Management posts include: • Underwriter • Chief Executive Officer Wits is unique in offering professional development in • Chief Operating Officer this field outside of actuarial science studies. There is a high demand for graduates with this knowledge • Company President in senior management positions within this industry. • General Manager • Managing Director Those with an entrepreneurial flair may choose to start their own businesses, or become small business advisors or business consultants. www.wits.ac.za/bcom/structuring-your-wits-bcom/ 12
Marketing Are you fascinated by trends and fashions, and why certain brands are so much more successful than oth- ers? Do you ever wonder what makes last season’s cool ‘must haves’ suddenly ‘so last year’? Would you love to shape the world’s desires? Then marketing could be your dream career. So, what is Marketing? The role of marketing in business is to build the profile SPECIALISED DEGREES of brands, get people interested in products, and to persuade buyers that they really need what is on offer. Technology, travel, entertainment, services, apps and games - even your favourite musician or sports team - all are marketed. Marketing includes the creation and design of images and products (branding), advertising, demand crea- tion and management, and public relations. The whole new world of online and virtual shopping brings with it the exciting space known as digital marketing. Combine with: • Management • Information Systems • Psychology • Finance • Economics • Human Resource Management Careers • Advertising Manager • Brand Manager • Events Manager • Market Research Manager • Project Manager • Promotions Manager • Public Relations Manager • Sales Manager www.wits.ac.za/bcom/structuring-your-wits-bcom/ 13
SPECIALISED DEGREES Bachelor of Commerce BCom(PPE) Politics, Philosophy and Economics Politics, Philosophy and Economics (PPE) (3 years) The Politics, Philosophy and Economics (PPE) specialisation of 1ST YEAR CURRICULUM COURSES the BCom provides a broad and deep understanding of the world Economic Theory IA - Microeconomics for Economists we live in, together with a wide range of thinking skills required for Economic Theory IB - Macroeconomics high level engagement in a rapidly changing world. for Economists The specialisation in PPE provides an understanding of political, Introduction to Ethics philosophical and economic ideas, the nature of political institu- Introduction to Philosophy: Knowledge and Reality I tions, political processes and decision making, the working of Introduction to Political Studies I economic systems, the causes of poverty and wealth and how to States, Power and Governance promote development. Computational Mathematics I Students taking a BCom PPE takes economics, politics and philos- Business Statistics I ophy in their first year of study together with a selection of general Fundamentals of Information systems BCom first year subjects. From second year level, they continue Commercial Law to major in economics through to third year, together with either 2ND YEAR CURRICULUM COURSES politics of philosophy. Accounting I Economics IIA Students may also choose to do a BA (PPE) or to take politics or Economics IIB philosophy as part of a general BCom degree. BOTH: Students choose either Politics II courses or Philosophy II courses as a major from the following: www.wits.ac.za/course-finder/undergraduate/clm/ppe/ History of Philosophy: A Classical and Early Modern Philosophy Philosophy of Mind and Psychology II Philosophy of Religion II Philosophy of Science II Social and Politicial Philosophy II Theories of Justice II Continental Philosophy II African Philosophy Social Theories of Modernity South Africa: Politics and Governance Students take one other commerce major at second year level 3RD YEAR CURRICULUM COURSES Economic Science III OR Economic Theory III AND Epistemology and Metaphysics III Ethics III History of Philosophy B: Further Topics in Modern Philosophy III Philosophy of Social Science Select Movements in 20th Century Philosophy III A Selected Topic in Philosophy III Senior Seminar in Philosophy Philosophy of Language III Symbolic Logic III Careers OR • Academia • Civil Service • Development • Diplomatic Corps Conflict and Stability in Postcolonial Africa • Economics • International Banking or Finance • Journalism Development: Concepts and Experiences • Politics • Research Liberty, Justice and the Politics of Difference Selected topics in Political Studies Introduction to Comparative Politics Politics for Public Service 14
Bachelor of Accounting Science BAccSc (BAccSc) (3 years) Accounting Science 1ST YEAR CURRICULUM COURSES The BAccSc degree is required if you wish to qualify as a Char- Financial Accounting I tered Accountant. The programme includes four core areas of Economics IA Accountancy study, namely: Management Accounting and Finance, Financial Accounting, Auditing and Taxation. Introduc- Economics IB tory courses in Economics, Commercial Law, Mathematics and Commercial Law I Statistics and Accounting Information Systems are also taken. Computational Mathematics The curriculum is fully compliant with international accounting Business Statistics education requirements. Accounting Information Systems The BAccSc degree provides an appropriate undergraduate qual- 2ND YEAR CURRICULUM COURSES ification that meets the educational requirements of the following boards: Financial Accounting II Management Accounting and Finance II • South African Institute of Chartered Accountants (SAICA) Business Enterprise Law • Public Accountants and Auditors Board (PAAB) Mercantile Law • International Federation of Accountants (IFAC) Auditing II After successful completion of the Bachelor of Accounting Taxation II Science, you will be required to complete a Higher Diploma in Elective: Accounting (HDipAcc). Economics IIA The Higher Diploma is a one year, full-time postgraduate pro- OR gramme. Graduates who have successfully completed the HDipAcc are then eligible to write the qualifying examinations Marketing IIa (otherwise known as Board Exams) for the South African Institute OR of Chartered Accountants (SAICA). Human Resources IIA This examination is written in two parts, and you will need to 3RD YEAR CURRICULUM COURSES complete a training contract of three years in the accountancy Financial Accounting III profession (Training in Public Practice), or in commerce and in- Management Accounting and Finance III dustry (Training Outside Public Practice). After writing your first examination, you will need to choose a specialist course in Taxation III either Financial Management or Audit, following the comple- Auditing III tion of which you will write the second qualifying examination. Please note that the degree structure is On passing this, you will become a Chartered Accountant and changing and is currently under development registered with SAICA. Our accountancy students consistently achieve excellent pass rates in the South African Institute of Chartered Accountants qualifying exam. ww.wits.ac.za/course-finder/undergraduate/clm/ w accounting-science-baccsc/ Careers • Charted Accountant • Fund Manager • Internal Auditor • Tax Specialist 15
Bachelor of Commerce in Accounting BCom(Accounting) (BCom(Accounting) Accounting (3 years) The BCom majoring in Accounting is a three year full-time 1ST YEAR CURRICULUM COURSES programme comprising both compulsory courses and elective Accounting I courses that students can choose from within the School of Economics IA - Microeconomics Accountancy, School of Law and School of Economic and Economics IB - Macroeconomics Business Sciences. Commercial Law I The choice of courses within the Accounting programme allows Computational Mathematics students to tailor their degree quite specifically to meet their Business Statistics career aspirations. Fundamental of Information Systems Students can use the degree as a stepping stone to become a Chartered Financial Analyst (CFA), (in the USA or SA), a Profes- 2ND YEAR CURRICULUM COURSES sional Accountant registered with the South African Institute for Accounting II Professional Accountants (SAIPA), a Management Accountant Management Accounting and Finance II registered with the Chartered Institute of Management Account- Business Enterprise Law ants (CIMA), a Certified Internal Auditor (CIA), or a Chartered Mercantile Law Certified Accountant registered with the Association of Chartered Auditing II Certified Accountants (ACCA). Taxation II Students wishing to pursue a career as a Chartered Account- Elective: ant, who do not qualify initially for entrance into the BAccSc pro- Economics IIA gramme, can follow the BCom Accounting as an alternative (four OR year) option. Consult the Faculty for advice. Marketing IIA OR Human Resources IIA www.wits.ac.za/course-finder/undergraduate/clm/accounting/ 3RD YEAR CURRICULUM COURSES Accounting III Management Accounting and Finance III Taxation III Auditing III OR Internal Auditing III Careers • Chartered Certified Accountant • Chartered Financial Analyst • Internal Auditor • Management Accountant • Management Consultant • Professional Accountant, and many others 16
Bachelor of Economic Science (BEconSc) BEconSc (3 years) Economic Science 1ST YEAR CURRICULUM COURSES 3RD YEAR CURRICULUM COURSES Business Accounting I Economic Science III Economic Theory IA - Microeconomics for 72 points from one of the following: Economists ONE OF THE FOLLOWING: Economic Theory IB - Macroeconomics for Software Engineering III Economists Software Design III Algebra I Formal Languages and Automata III Calculus I Advanced Analysis of Algorithms III SELECT ONE OF THE FOLLOWING: Machine Learning III Computational and Applied Mathematics I OR OR Number Theory III/Coding and Cryptography III Basic Computer Organisation Complex Analysis III Discrete Computational Structures Group Theory III Introduction to Algorithms and Programming Rings and Fields III Introduction to Data Structures and Algorithms Topology III OR Differential Geometry III Actuarial Science I Real Analysis III AND Leontief Systems II Mathematical Statistics I OR 2ND YEAR CURRICULUM COURSES Computational and Applied Maths III Economics IIA Economics IIB AND TWO OF THE FOLLOWING The Bachelor of Economic Science (BEconSc) degree is a math- (depending on 1st year choice and required pre-requisites): ematically focused degree that has a major in Economics, together with a mathematical science major. Computational and Applied Mathematics II OR The entrance requirements are higher than those for the BCom and Operating Systems II should only be considered by students with very strong ability in Database Fundamentals II mathematics. Computer Networks II The BEconSc is seen as a specialist degree and focuses on building Analysis of Algorithms II strong analytical abilities for graduates wishing to work in fields like OR economics, actuarial science or other business and data analytics Basic Analysis II fields. Differential Equations II The choice of the mathematical science major can be made Multivariable Calculus II from Actuarial Science, Computational and Applied Mathematics, Abstract Mathematics Computer Science, Mathematics and Mathematical Statistics. Advanced Analysis II Linear Algebra II OR Mathematical Statistics II ww.wits.ac.za/course-finder/undergraduate/clm/ w economic-science/ Careers • Actuary • Budget Analyst • Economist • Field Marketing Associate • Financial Analyst • Industry Analyst • Management Consultant • Policy Analyst • Statistician, and many more 17
Studying Law at Wits BCom with Law Students interested in studying Law at Wits have several options Courses include: to consider. Anyone wishing to practice Law needs to hold as a Administrative Law minimum an LLB degree. The LLB degree is a four year degree Business Entities that comprises largely law subjects with several humanity or com- Civil Procedure merce subjects at first year level. There are certain core law sub- Criminal Law jects which must be taken by all students wishing to graduate with Criminal Procedure an LLB, while others form a set of electives from which students Constitutional Law choose. Constitutional Law: The Bill of Rights While it is possible to enter an LLB at first year undergraduate Customary Law level, students interested in studying law are generally encouraged Independent Research Essay to undertake a BCom or BA degree first, preferably choosing Law Introduction to Law as one of their majors. This enables students to get a feeling for Jurisprudence the more general law subjects before committing to the study of Law of Contract Law while also developing knowledge and skills in other disciplines Law of Delict which will be useful to them in the context in which they one day Law of Evidence practice Law. Students seeing their future in corporate law, working Law of Persons for either law firms or in the legal department of large organisations, Family Law should choose to do a BCom(Law) with a second major in Finance, Management, Accounting, Taxation, or any other BCom major. On Practical Legal Studies the other hand, students envisaging a future in human rights, family Property Law law, constitutional law, international law, etc. are generally advised Public International Law to begin their legal studies with a BA(Law), pairing this with courses Please note that the degree structure is like politics, sociology, economics or languages. changing and is currently under development Students taking either the BCom(Law) or BA(Law) route into the LLB take several of the introductory and core LLB courses over three years as their Law “major”. This allows students to then com- plete the LLB degree over a two year period as they already hold credits for several of the LLB courses. A third route into the LLB is for students holding any undergraduate degree, without Law as a major. These students are not required to do the non-Law courses required in the LLB and are therefore able to complete all the law courses in three years. In both these cases, students have devel- oped critical thinking and analytical skills during the course of their first degrees which enables the accelerated progress through the LLB. ww.wits.ac.za/course-finder/undergraduate/clm/ w llb-law/ Careers Students studying law at Wits can consider many careers both in the legal and related areas, bearing in mind that further study and requirements are necessary for certain roles. Roles might include: • Advocate • Attorney • Conveyancer • Judge • Legal Advisor • Legal Practitioner • Legal, Risk and Compliance Consultant • Magistrate • Mediator • Negotiator • Arbitrator 18 • Professional Counsellor • Prosecutor
LF APPLY 5 STEPS E S CE S E RV I TO WITS IN NB: Incomplete applications cannot be considered for admission 1 Choose a programme and apply online 4 Check your application status To apply, go to: www.wits.ac.za/applications/ To check your status, go to: https://self-service.wits.ac.za Apply for 3 degrees (e.g. Humanities, Commerce or • You will receive an email from the University acknowledging Science). Try to keep your options open, especially when receipt of your application applying for programmes in Faculties such as Health • The acknowledgment email will contain a person number Sciences or Engineering. (which will become your student number) • All records of correspondence from the University will be 2 Pay your application fee available on the self-service portal • Check the status of your application and to do items on the self-service portal regularly. Non-refundable application fee of R100 for South African 5 citizens and R700 for International citizens. Accept the offer Deposit the exact amount into the University’s account: Standard Bank Name: Wits University Application Fees Current Account Number: 200 346 385 • Current matriculants may be made a conditional offer Branch code: Braamfontein 004 805 (depending on Grade 11 results). CI Number 074A Certain programmes have additional selection criteria Swift code: SBZAZAJJ (interview/audition/NBT) Use the unique payment number as a reference. • Offers can only be confirmed after receiving final matric Pay by cash or credit card at the : results Wits Fees Office, Ground Floor, Solomon Mahlangu House, • Each choice of degree is treated as a separate application. Braamfontein Campus East, Jorissen Street, Braamfontein, The order of choice makes no difference Johannesburg, South Africa. • Successful applicants will receive communication offering EFT - use unique payment number as a reference. a firm place and information about registration and orienta- tion programme 3 Upload documents at time of application • Communcation will include further instructions (e.g. pay deposit or attend interview) • Places are limited, therefore you may only accept one offer. You are required to respond to the offer within a few days To upload documents, go to: https://self-service.wits.ac.za to secure your place. Log in with your person number and the first six digits of your ID, and upload the following documents: To download an undergraduate application form, go to: Current matriculants: Grade 11 results (certified and www.wits.ac.za/applications/choosedownloads bearing your school stamp) A downloaded undergraduate application form contains a Already matriculated: matric certificate/foreign school unique application reference number and cannot be shared leaving certificate. A certified copy of the certificate, must or duplicated. The form must be printed, completed and be handed into the Wits Student Enrolment Centre (SEnC), submitted by post or by hand to the Student Enrolment Ground Floor, Solomon Mahlangu House, Wits University Centre. No faxed or emailed application forms will be Attending another tertiary institution: certified copy of accepted. your academic record, and a certificate of good conduct, stamped by the institution’s registrar. 19
Student Support Choose your path! Work towards your goals! CAREERS COUNSELLING ACADEMIC DEVELOPMENT The Counselling and Careers Development Unit The main thrust of the Student Affairs Office is to provides a range of professional and assist students to succeed academically by supportive services and programmes, including providing support to overcome personal and career counselling and psychometric testing. academic challenges. www.wits.ac.za/ccdu Be the best that you can be! DISABILITY The Disability Rights Unit assists students with disablities to receive academic support and reasonable accommodations to participate equally and fully in all aspects of university life. www.wits.ac.za/disability-rights-unit/ THE ROAD TO SUCCESS PROGRAMME The Road to Success Programme (RSP), is the The RSP aims to help students succeed by helping them Faculty of Commerce, Law, and Management’s take responsibility for their own success, and can assist student success and support programme. It pro- with: vides non-academic support to first-year through • academic advising fourth-year students in the faculty. The RSP aims • food and clothing provisions to guide CLM students on their path to personal • funding applications and academic success from registration to gradua- • note taking and reflective practice tion. This is achieved through an integrated network • personal problems and concerns of grouptutorials and one-on-one consultations with • the development of excellence skills RSP Success Tutors and/or Coordinators. (e.g. time management and study skills for university) RSP Coordinators: danie.deklerk@wits.ac.za / tshepiso.maleswena@wits.ac.za 20
Dynamic part-time evening degree courses @ the Wits Plus Centre for part-time studies Offering: Extended, flexible study periods | Smaller classes with top lecturers | Equivalent degrees Aimed at: Employed professionals | Repeat students | Students not accepted into the full-time programme Degrees in: Bachelor of Arts | Bachelor of Commerce | BA/BCom with Law | BSc Computer Science | BSc Engineering | GEMP prerequisite courses 011 717 9510 | wits.plus.marketing@wits.ac.za | www.wits.ac.za/part-time
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