MANCOSA Bachelor of Commerce in Financial Management

MANCOSA Bachelor of Commerce in Financial Management

A student attaining the Bachelor of Commerce in Financial Management [BCom (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.

• 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.