The Lyceum Bachelor of Commerce in Management degree is strongly accounting, management, human resources, marketing, public relations and finance orientated to enable students to enter one of the most under-supplied career options in South Africa, and indeed globally. There is an enormous shortage of experienced graduates in the finance, management, human resources, marketing, public relations and accounting disciplines and it is imperative that these positions be filled with competent practitioners. Not only will students be able to master the financial and accounting functions in a company, but the degree will also focus on business management in the public and private sectors. By obtaining the Lyceum’s Bachelor of Commerce in Management degree, students will become qualified to take a leading role in the South African commerce and industry.
A recent survey indicates that more than 40% of the top posts in the country are filled by candidates with financial management qualifications. The management and other non-financial components of this degree provide a well-rounded platform for success in management positions in all sectors of the market. This degree will ensure that Lyceum graduates are adequately capacitated to fill commanding roles within industry and commerce. With the Lyceum Bachelor of Commerce in Management degree as part of your CV, you will be able to embark on a career with the potential to lead.
Accreditation and Duration
This is a part-time higher education programme accredited by the Council on Higher Education (CHE) and registered with the Department of Higher Education and Training (DHET). It is also registered at SAQA.
Minimum – 3 years of study (part-time)
Maximum – 6 years of study (part-time)
Assessments consist of one assignment (formative assessment) and a final examination (summative assessment) for each subject. If you fail to submit the compulsory assignment in time you can request permission to submit a penalty assignment at a penalty fee. If you did not submit an assignment you cannot register for examinations. Make sure you submit the compulsory assignment within the prescribed time because it does not cost you anything.
Your final mark for each subject will be calculated as follows: –
- Assignment contributes 60% towards the final mark.
- Examination contributes 40% towards the final mark.
A student who submitted an assignment for a specific subject, and fails that subject, does not have to re-submit a further assignment prior to writing the “supplementary” examination. The assignment mark is automatically carried over. However, if the assignment mark is low, and the student wishes to re-do the assignment, he/ she may apply to the examinations section for a copy of the new assignment (at the prescribed fee) and may then re-submit the assignment on or before the new due date.
- You have two examination opportunities within your contract period.
- No examination fees are applicable for the first time you write any subject within your contract period.
- Examination fees are payable if you write any subject for the second time, i.e., if you have failed your first attempt within the contract period.
Students who enrol for any study year have two examination opportunities. Students can select to write any number of subjects during the first or second examination opportunity. If you elect to write the exam during the first opportunity and fail, you may re-write (as a supplementary) at the second opportunity upon payment of the prescribed supplementary examination fee. If you elect to write the examination at the second opportunity but fail, you may write the examination during the first chance of the next cycle ONLY, upon payment of the supplementary examination fee. If you again fail, having exhausted the above opportunities, you MUST re-register for the subject before a further examination may be attempted.
Learners could pursue a career as a:
- General Manager
- Financial Manager
- Business consultant
- Tax practitioner
- Cost Accountant
- Financial Executive
- Accountant/Senior Accountant
- Accounting Officer
- Compliance Officer
- Human Resource Practitioner
- Public Relations Practitioner
Upon successful completion of your programme, you will receive a certificate depicting: – Bachelor of Commerce in Management and an academic transcript. These documents will be issued at the annual graduation ceremony, couriered to the nearest branch or posted to you, provided that your account is in order.
It is the learner’s responsibility to ensure they meet all the programme requirements before a qualification can be issued.
Materials are provided online in the Learner Management System, there is textbooks required per module. Please check in the learner material.
Lyceum Online has prescribed textbooks in the library that can be issued for a limited period on a first come first serve basis. Should you experience undue problems to acquire your textbooks, you may enquire at the library.
At Degree at NQF Level 7 may progress to a Postgraduate Diploma or Honors Degree at NQF Level 8.
Recognition of Prior Learning (RPL) processes and Credit Accumulation and Transfer (CAT) are articulation mechanisms. The institution reserves the right to conduct a formal assessment for purposes of CAT. An evaluation will be conducted to recognise prior learning. This evaluation may or may not be based on a form of formal assessment and can include a portfolio of evidence submission. These mechanisms are in line with the HEQSF as envisaged in the NQF Act 67 of 2008 and the CHE “Policies on the Recognition of Prior Learning, Credit Accumulation and Transfer, and Assessment in Higher Education” published by the CHE in August 2016.
The final approval for applications in respects of CAT and RPL is subject to academic vetting in terms of applicable legislation and institutional policies.
- A National Senior Certificate granting permission to study at bachelor’s degree level.
- Candidates over the age of 23 at registration or during their first year of attendance who have attained a
- Senior Certificate with at least 40% in at least four Higher Grade or Standard Grade subjects, at least three of which were passed simultaneously, one of which is a Higher-Grade subject and one is English.
- At least five years post-Secondary School experience in the field in which the student wishes to study students can apply for RPL access.
- Candidates having attained the age of 45 before or during the first year of registration.
- A Diploma or Advanced Diploma in a cognate discipline.
- Foreign students whose first language is not English may be required to provide proof of English proficiency; otherwise, students will be required to take an English Proficiency Test prior to admission.
Lyceum applies the following minimum entry requirements for entry into the Bachelor of Commerce:
- National Senior Certificate (NSC) with admission to bachelor’s degree
- Senior Certificate (SC) with Endorsement/ Exemption; or
- Qualify for Conditional Exemption (students with foreign school leaving qualifications, students older than 45 years of age). These students are required to have their school leaving qualifications evaluated by HESA / matriculation board prior to registration with Lyceum.
To enroll for the Bachelor of Commerce in Management with electives in Cost and Management Accounting or Financial Management, additional admission points are required. You need an Admission Point Score (APS) of at least 38, as well as four subjects from the designated list and a pass in Mathematics on at least level 5 (60 – 69 %).
Students who have not completed Accounting at NQF level 4 (Senior Certificate/matric) will be required to complete Introduction to Finance offered at Lyceum, as a bridging course.
For full details on minimum requirements, contact the College.