Faculty of Commerce, Law & Management 2019 - GraduIn

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Faculty of Commerce, Law & Management 2019 - GraduIn
Faculty of Commerce,
 Law & Management
 Today’s Millennials Tomorrow’s Originators #WitsEdge

                                                   2019
                       WITS GUIDE FOR
                       UNDERGRADUATE
                       APPLICANTS                 www.wits.ac.za
Faculty of Commerce, Law & Management 2019 - GraduIn
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.
Faculty of Commerce, Law & Management 2019 - GraduIn
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
Faculty of Commerce, Law & Management 2019 - GraduIn
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
Faculty of Commerce, Law & Management 2019 - GraduIn
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
Faculty of Commerce, Law & Management 2019 - GraduIn
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
Faculty of Commerce, Law & Management 2019 - GraduIn
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
Faculty of Commerce, Law & Management 2019 - GraduIn
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 & Management 2019 - GraduIn
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 2019 - GraduIn
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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