Program Overview

Programme: BComHons Financial Management Sciences

Overview

The BComHons Financial Management Sciences programme is offered by the Faculty of Economic and Management Sciences. The programme consists of a minimum of 120 credits and has a minimum duration of study of 1 year.

Admission Requirements

• Relevant BCom degree
• A weighted average of 65% for Financial Management and Financial Accounting at 3rd year level

Additional Requirements

1. Registration for a second field of study: A student who has already completed a bachelor of honours degree at this or another university may, with the permission of the Dean, register for another degree, subject to the regulations applicable to the field of study in question and to any other stipulations the Dean may prescribe on the condition that there shall be no overlap in the course content of the first degree and the second degree.
2. Acknowledgement of modules:
   • Subject to the stipulations of G.22.1, G.23.2 and the Joint Statute, a dean may acknowledge modules passed at another tertiary institution or at this University in a department other than that in which the honours study is undertaken for the honours degree provided that at least half of the required modules for the degree in question are attended and passed at this university.
   • If there is overlap in the course content of the degree for which the student wishes to enrol or is enrolled and a degree already conferred, the Dean may not acknowledge any modules that form part of the degree already conferred.

Other Programme-Specific Information

The FIN modules are only for BComHons (Financial Management Sciences) students.

Examinations and Pass Requirements

In calculating marks, General Regulation G12.2 applies.

• The head of department determines, in consultation with the Dean, when the honours examinations in his/her department will take place.
• A candidate will be admitted to a supplementary examination, provided that a supplementary examination is granted, only once in a maximum of two prescribed semester modules or once in one year module.
• Supplementary examinations (if granted) cover the same subject matter as was the case for the examinations.
• The minimum pass mark for a research report is 50%.

Core Modules

• FIN 701: Advanced corporate finance 701 (Credits: 30.00)
  • Objectives of financial management; Risk and return; Required rate of return and the cost of capital; Capital structure theory; Valuation; Capital investment decisions; Leasing; Dividend decision and long-term financing; Economic value added; Sustainable growth; Convertible bonds; Financial analysis; Financial planning and control; Mergers and acquisitions; Working capital management; Foreign trade and foreign exchange; International investments and International treasury; Aspects of behavioural corporate finance.
• FIN 702: Strategic management accounting 702 (Credits: 30.00)
  • Setting objectives; Appraising the environment; Position appraisal and analysis; Evaluating strategic options; Implementing and controlling plans.
• FIN 703: Corporate performance and risk management 703 (Credits: 30.00)
  • Control systems for organisational activities and resources; Types of risk facing an organisation; Risk management strategies and internal controls; Governance and ethical issues facing an organisation; Importance of management review of controls; Process and purposes of audit in the context of internal control systems; Corporate governance and ethical issues facing an organisation; Financial risks facing an organisation; Alternative risk management tools; Benefits and risks associated with information related systems; International risk management.
• FIN 704: Research report 704 (Credits: 30.00)
  • Application of research skills and knowledge in the form of a research report completed under supervision.