Faculty of Economic and Management Sciences pdf

It consists of the following eight depart-ments: Accounting, Business Manage-ment, Economics, School of Industrial Psychology, Logistics, Public Management and Planning, Statistics and A

The Faculty of Economic and Management Sciences, established in 1925, is the lar-gest of the ten faculties of the University

It consists of the following eight depart-ments: Accounting, Business Manage-ment, Economics, School of Industrial Psychology, Logistics, Public Management and Planning, Statistics and Actuarial Sci-ence and the University of Stellenbosch Business School.

The Faculty occupies three buildings on the main campus at Stellenbosch, while the postgraduate programmes of the Business School and the School of Public Management and Planning are offered on the Bellville Park Campus Both campuses have modern librar-ies and modern technological facilitlibrar-ies The Bellville Park Campus also offers up-market accommodation

Our departments offer postgraduate

pro-grammes of the highest quality This is borne out by, for example, internationally sought-af-ter accreditations such as EQUIS (European Quality Improvement System) and AMBA (As-sociation of MBAs) for the University of Stel-lenbosch Business School Our training for professional registration in specialist fields such as Accounting and Actuarial Science enjoys national and international accredita-tion by professional institutes and our stu-dents’ performance in external examinations

is proof of the quality of our programmes In a similar vein our programmes in Industrial Psy-chology and Human Resource Management are acknowledged by professional bodies In other disciplines, excellent quality of tuition is ensured by cooperation agreements; these cover matters such as the exchange of stu-dents and teaching staff, and joint research projects with internationally recognised aca-demic institutions

PROGRAMMES AND QUALIFICATIONS

30 Accounting

31 Financial Planning

31 Marketing

36 Actuarial Science

33 HIV/Aids Management

DEPARTMENT NO / FIELD OF STUDY QUALIFICATION

Postgraduate diplomas

Honours degrees

30 Accounting

36 Actuarial Science

31 Business Management (Modules: financial management, institutional investments, mar-keting management, quantitative investment management and quantitative analysis)

32 Economics

32 Economics and Mathematical Statistics

30 Financial Accounting

31 Financial Analysis (Modules: as for Busi-ness Management)

36 Financial Risk Management

33 Human Resource Management

33 Industrial Psychology

34 Logistics Management

30 Management Accounting

36 Mathematical Statistics

34 Operations Research

35 Public Administration

35 Public and Development Management

36 Statistics

For more

information

Ms Nazli Daniels

Tel: +27 (0)21 808 4836

E-mail:

ndaniels@sun.ac.za

Faculty of Economic and Management Sciences

28

QUALIFICATION

BPhil degrees

Master’s degrees

PhD degrees

34 Maritime Studies

34 Transport and Logistics Studies

35 Sustainable Development Planning DEPARTMENT NO / FIELD OF STUDY

All fields of study mentioned under Honours and BPhil degrees

PLUS:

30 Auditing

37 Business Management and Administration (MBA)

37 Coaching

30 Computer Auditing

37 Development Finance

35 Development Planning

32 Economic Policy

35 Environmental Management

37 Futures Studies

33 HIV/Aids Management

30 Taxation

All fields of study mentioned under Master’s degrees, except for Economic Policy

30 DEPARTMENT OF ACCOUNTING

For more information

See phone numbers under

program-mes

Fax: +27 (0)21 886 4176

Web site: www.sun.ac.za/accounting

The Department focuses mainly on

training professional accountants

Its programmes therefore satisfy the

requirements of various professional

bodies Students may also do

re-search in one or more of the following:

Auditing, Financial Accounting,

Man-agement Accounting or Taxation

Chartered Accountants

This profession is controlled by the

Independent Regulatory Board for

Au-ditors (IRBA), and the South African

Institute of Chartered Accountants

(SAICA) To qualify as a Chartered

Ac-countant, a candidate must pass the

Part 1 Qualifying Examination (QE) set

by SAICA and the Part 2 Public

Prac-tice Examination set by IRBA or the

Part 2 Financial Management

Exami-nation set by SAICA Candidates may

specialise in either Public Practice or

Financial Management

To gain admission to the QE, the

BAccHons degree or the

Postgradu-ate Diploma in Accounting (PDA) is

required

To gain admission to the Part 2

Pub-lic Practice Examination, a candidate

must have passed the QE, articled for

18 months at an accredited auditing

firm in public practice and

success-fully completed a preparatory course

in Public Practice with an accredited

educational body

To gain admission to the Part 2 Finan-cial Examination, a candidate must have passed the QE, articled for 18 months with an accredited training of-fice outside public practice and suc-cessfully completed a preparatory course in Financial Management with

an accredited educational body

Enquiries: William Brown Tel: +27 (0)21 808 3423 E-mail: wb@sun.ac.za Chartered Management Accountants The internationally recognised quali-fication of Chartered Management Accountant is obtained by passing the examination set by the Chartered Institute of Management Accountants (CIMA) in London

Our modules for the BCommHons (Management Accounting) comply with the CIMA requirements Students who have obtained this BCommHons after completing a BComm (Manage-ment Accounting) degree at Stellen-bosch University are exempted from CIMA’s first two examinations and may sit for CIMA’s final examination imme-diately

Enquiries: Flippie Wessels Tel: +27 (0)21 808 3437 E-mail: plw@sun.ac.za Certified Accountant The internationally recognised quali-fication of Certified Accountant is ob-tained by passing the examinations set by the Chartered Association of Certified Accountants (ACCA) in Lon-don and complying with the require-ments set for practical experience

Our modules for the BComm (Financial Accounting) are recognised by ACCA

Students who have obtained this BComm are exempted from ACCA’s first nine subjects (maximum exemp-tion that could be granted) and may sit for the remaining five subjects at two exam sessions

Please note: Our BCommHons (Financial Ac-counting) programme is in abeyance, but will be offered again once external accreditation at IRBA

is finalised by ACCA Students who have obtained the BComm (Financial Accounting) degree will be accommodated in the BCommHons (Manage-ment Accounting) programme Please contact the number below for more information.

Enquiries: George Nel Tel: +27 (0)21 808 3422 E-mail: gfn@sun.ac.za Training of tax specialists The programme for the qualifica-tions MAcc (Taxation) or MComm (Taxation) runs over two years on the Stellenbosch and Bellville Park Cam-puses and entails group discussions and research Students must prepare for these group discussions, which are held twice a week The research culminates in the writing of an assign-ment and an article for an accredited journal

Admission requirements for MAcc (Taxation): BAccHons, the PGDA or

an equivalent

Admission requirements for MComm (Taxation): BComm LLB or an equiva-lent

Enquiries: Kobus van Schalkwyk or Linda van Schalkwyk

Tel: +27 (0)21 808 3682 / 3434 E-mail: cjvs1@sun.ac.za or lvschalk@sun.ac.za

Training of computer auditing

special-ists

The two-year MAcc (Computer

Audit-ing) programme trains qualified

char-tered accountants as specialists in

computer auditing

The programme consists of a taught

component (compulsory lectures once

a month at the Stellenbosch Campus

for a period of 18 months) and a

re-search component (an assignment or

article that can be published in an

ac-credited journal)

Admission requirements: BAccHons

or equivalent and registration as a

Chartered Accountant (SA)

Enquiries: Pieter von Wielligh

Tel: +27 (0)21 808 3846

E-mail: pvw@sun.ac.za

31 DEPARTMENT OF BUSINESS

MANAGEMENT

For more information

Tel: +27 (0)21 808 2026

Fax: +27 (0)21 808 2226

E-mail: ablather@sun.ac.za

Web site:

academic.sun.ac.za/business/

*Modules suitable for international

stu-dents

This Department is well-established

and well-known in the business world

Our highly skilled lecturers are at the

forefront of developments in the

busi-ness world Consequently, we can

of-fer programmes designed to develop

skills currently much in demand in the

modern business world (both

nation-ally and internationnation-ally)

Postgraduate diploma programmes

The Postgraduate Diploma in

Finan-cial Planning is offered full-time and

prepares students for a sought-after

career in financial planning in South

Africa The programme is accredited

by the Financial Planning Institute of

Southern Africa Four modules (one

per semester) are taught over a period

of two years by means of lectures in

the evenings at the Business School

in Bellville Examinations are taken in

June and November

Our Postgraduate Diploma in

Market-ing offers students with an acceptable

Bachelor’s degree (also from other

fields than economic sciences) the

opportunity to specialise in marketing

It is a one-year full-time programme, offering lectures in the evening

Honours programmes The Honours programmes in Business Management and in Financial Analysis are offered full-time The programme

in Financial Analysis prepares stu-dents for the international qualification

of Chartered Financial Analyst (CFA)

of the CFA Institute Lectures are dur-ing the day Examinations are taken in June and November

Master’s programme The Master’s programme in Business Management is offered full-time (one year) or part-time (two years) Stu-dents write a thesis about any topic in business management

Doctoral programme This programme in Business Manage-ment may cover any topic in business management

Modules for honours programmes

- Research methodology (compulso-ry): Focuses on the use of research

to address issues effectively and practically and to aid efficient deci-sion-making

- Advanced marketing manage-ment*: Revises content annually, in

line with changing circumstances

in marketing, to focus on speciality fields of marketing such as green marketing, Internet marketing and consumer privacy

- Advanced strategic management*:

Fosters a comprehensive grasp of strategic management and a criti-cal innovative ability to think in a transformative way about strategic management

- Derived financial instruments*:

Fo-cuses on the theory and practice of derivative instruments such as for-wards, futures, options and interest rate swap contracts

- Fixed interest securities (bonds)*:

Focuses on the different valuation techniques applicable to bonds,

as well as aspects to be consid-ered when compiling a portfolio of bonds

- Financial management*: Focuses

on such topics as fund flow analy-sis, financial strategy and the in-vestment decision

- International marketing*: Focuses

on topics such as the international marketing environment, opportunity

analysis and international market-ing research, and the formulation of global marketing strategies

- International business*: Provides

students with the skills to analyse global business drivers, global stra-tegic levers and organisational fac-tors and to create decision-making alternatives

- Marketing communication*: Analyse

marketing communication to

devel-op technical and conceptual skills, especially in a multicultural environ-ment

- Marketing research: Leads

stu-dents through the various phases of scientific research focused on gen-erating information that may assist

in resolving marketing questions

- Portfolio management*: Focuses on

portfolio management, the evalua-tion of portfolio return, the applica-tion of theory on the composiapplica-tion of portfolios, the selection of invest-ments and the evaluation of portfo-lio return

- Real estate investment and financ-ing*: Focuses on such topics as

property economics, property in-vestment and the impact of capital gains tax, and property finance and securitisation

- Short-term insurance*: Focuses on

aspects such as risk management, and fire, property and motor vehicle insurance

32 DEPARTMENT OF ECONOMICS

For more information

Tel: +27 (0)21 808 2247 Fax: +27 (0)21 808 4637 E-mail: econ@sun.ac.za Web site: www.sun.ac.za/econ/ Brochures available

*Medium of tuition is English and all programmes are suitable for interna-tional students

This Department was established in

1920 and has a long tradition of re-search in macroeconomics, structural economic issues, and economic pol-icy formulation, implementation and assessment in the context of a devel-oping country

The Department offers a full-time, taught Honours programme in Eco-nomics in which candidates choose one of two broad options Those who take the General Economics option gain a specialised knowledge of eco-30

nomics and economic analysis The

Financial Economics option is

career-oriented, preparing students for jobs

in the financial sector of the economy

The Department also offers an

Hon-ours programme in Economics and

Mathematical Statistics Covering a

specialised study not only of

econom-ics, but also of statistical inference,

this programme equips students to

analyse relationships in the economy

Building on from an honours degree,

or its equivalent, students may choose

between a research-based Master’s

programme, requiring a thesis that is

the result of independent research, or

a taught Master’s programme The

lat-ter is a full-time programme that aims

to produce competent professional

economists who can be employed

in the public and private sector

Stu-dents can opt for General Economics,

or specialise in Economics of

Educa-tion, Development Economics or in

Trade and Industrial Policy

The Master’s programme in

Eco-nomic Policy is a part-time, taught

programme Students attend lectures

at the Stellenbosch Campus twice a

year for two weeks at a time It equips

people who have not undergone

spe-cialised training in economics, but

who find themselves in careers that

require an intimate knowledge of

eco-nomic policy in all its applied fields,

with the appropriate skills in the

de-sign, implementation and assessment

of economic policy

The highest qualification offered by

the Department is a Doctorate in

Eco-nomics by way of a dissertation

Exchange agreements exist with,

among others, the Vrije University,

and the Universities of Erasmus and

of Maastricht

33 DEPARTMENT OF INDUSTRIAL

PSYCHOLOGY

For more information

Tel: +27 (0)21 808 3008

Fax: +27 (0)21 808 3007

E-mail: hhv@sun.ac.za

Web site: www.sun.ac.za/industrial_

psychology/

Brochures available on the web site

*On modules suitable for international

students, contact the Department or the

International Office

Industrial Psychology focuses on the

optimal development and utilisation of

human resources in the work environ-ment The Department – the first of its kind in South Africa – has developed a tradition of academic excellence and strives to present top quality gradu-ates to all sectors of the South African economy The Department would like

to see its graduates addressing the prevailing business-related people management issues in such a way that they will earn the trust, respect and appreciation of top management

The BComm (Psych) and BComm-Hons (Psych) programmes comply with the requirements of the Health Professions Council of South Af-rica (HPCSA) The postgraduate pro-grammes in Human Resource Man-agement comply with the regulations

of the South African Board of Person-nel Practice (SABPP)

Honours, Master’s and doctoral stud-ies can follow on these undergradu-ate programmes: BComm (Human Resource Management), BComm (Psych), and BA (Human Resource Management) The first two pro-grammes resort under the Faculty of Economic and Management Sciences and the third resorts under the Fac-ulty of Arts and Social Sciences All three programmes lead to registration

in various categories with the SABPP and/or the HPCSA after postgraduate studies and approved practical work (internship)

The Honours and Master’s pro-grammes in Human Resource Man-agement are presented full-time and part-time in English Students on the part-time programme visit the Stel-lenbosch Campus for 5 weeks a year (over 2 years) The postgraduate programme in Industrial Psychology (BCommHons (Psych)) is presented full-time only

Our lecturers are scientists with wide-ranging practical experience

They are recognised by the SABPP and the HPCSA, and are registered in

a variety of categories

Postgraduate Diploma in HIV/Aids Management

This programme is offered part-time online (via the Internet) and supple-mented with interactive satellite broadcasts Students attend a com-pulsory summer school of one week

in January The programme consists

of 6 modules of 20 credits each After completing the diploma students with

an average of at least 60% can apply for the MPhil programme

Applications close 31 August Fur-ther information and application forms available at www.aidscentre.sun.ac.za Enquiries: Renice Williams

Tel: +27 (0)21 808 3002/3006/2964 E-mail: pdm@sun.ac.za

MPhil in HIV/Aids Management The MPhil programme is an online (via the Internet) teaching programme supplemented with interactive satel-lite broadcasts A limited number of students are selected on the basis

of their academic performance Stu-dents complete 4 modules of 20 cred-its each and a research project of 40 credits

Applications close: 30 October Fur-ther information and application forms available at www.aidscentre.sun.ac.za Enquiries: Renice Williams

Tel: +27 (0)21 808 3002/3006/2964 E-mail: pdm@sun.ac.za

34 DEPARTMENT OF LOGISTICS

For more information

Tel: +27 (0)21 808 2249 Fax: +27 (0)21 808 2409 E-mail: mmt@sun.ac.za Web site: www.sun.ac.za/logistics The Department, founded in 1960, is the oldest tertiary academic depart-ment in South Africa to offer tuition in logistics and transport The following majors can be taken up to the PhD level: logistics, logistics management, operations research and transport economics

Programmes

- BCommHons, MComm and PhD in Logistics Management or in Trans-port Economics or in Operations Research

- BPhil, MPhil and PhD in Transport and Logistics Studies

- BPhil, MPhil and PhD in Maritime Studies

The BPhil, a residentially offered, one-year programme, is equivalent to an honours programme and can be read full-time or part-time The admission requirement is a bachelor’s degree (no previous qualification in transport

or logistics is required) After a BPhil the MPhil can be read in one year

35 SCHOOL OF PUBLIC

MANAGE-MENT AND PLANNING

For more information

See contact numbers under programmes

Web site: www.sopmp.sun.ac.za

The School is committed to

communi-ty-focused, nationally and

internation-ally competitive academic and

profes-sional teaching, research and service

delivery in the fields of planning,

pub-lic management, pubpub-lic popub-licy

analy-sis, development and environmental

management for the participative and

equitable promotion of sustainable

development

Consisting of different components,

each with a distinct academic area of

speciality, the School functions on both

the Stellenbosch Campus and Bellville

Park Campus of the University

The taught postgraduate

pro-grammes in Public and Development

Management are presented by way

of lectures in one block presentation

over seven days, complemented with

interactive telematic broadcasts to

lo-cations spread over Southern Africa

The taught, modular, postgraduate

programmes in Sustainable

Develop-ment Planning and ManageDevelop-ment and

Environmental Management comprise

the attendance of a block presentation

of lectures and seminars over a period

of two to three weeks at a time,

com-plemented with study and assignment

completion at home

The School has exchange

agree-ments with universities in Argentina,

the Netherlands, Germany, Sweden,

Denmark, Italy, and the USA

(Univer-sities of Rutgers and Wyoming)

Eu-ropean students often take semester

modules at Stellenbosch for credits

towards the completion of their

de-grees

Postgraduate programmes at

Stel-lenbosch Campus

Public and Development Management

- BCommHons or BAHons (full-time

and part-time) taught by way of

lec-tures, with one contact session at

the Bellville Park Campus and

fur-ther interactive telematic teaching

in Stellenbosch or another centre

- MComm, MA (full-time and

part-time) by way of research, or taught

with lectures similar to the Honours

programme

- PhD (part-time), research option only Enquiries

Tel: +27 (0)21 918 4193 Fax: +27 (0)21 918 4123 E-mail: enquiry@sopmp.sun.ac.za Environmental Management Tuition for our full-time MPhil pro-gramme is in English It comprises four two-week blocks of lectures on campus over two years The interdis-ciplinary fields covered are manage-ment skills for sustainable develop-ment, environmental issues, ethics, economics, law and management, as well as GIS A research application is done

Enquiries Tel: +27 (0)21 808 2152 Fax: +27 (0)21 808 2085 E-mail: cdm@sun.ac.za Sustainable Development Planning and Management

MPhil (full-time or part-time) taught

by way of lectures over two to four years The programme is presented

in collaboration with the Sustainability Institute After completion of the MPhil programme students can proceed to

a research programme PhD in Public Management and Development Plan-ning (part-time)

Enquiries Tel: +27 (0)21 808 2152 Fax: +27 (0)21 808 2085 E-mail: trp@sopmp.sun.ac.za Postgraduate programmes at Bell-ville Park Campus

Public and Development Management

- BHons in Public Administration (full-time or part-(full-time) taught by way of one contact session and further in-teractive telematic teaching

- Master in Public Administration (full-time or part-time) by way of re-search or taught

Both above-mentioned programmes focus on the needs of persons working

in a managerial capacity in the public sector After completing the Master’s programme, students can proceed

to a doctoral research programme

in Public Management and Develop-ment Planning (part-time)

Academic Certificate Programmes

and short courses are also presented

by way of lectures and interactive tele-matic teaching

Enquiries Tel: +27 (0)21 918 4193 Fax: +27 (0)21 918 4123 E-mail: enquiry@sopmp.sun.ac.za

36 DEPARTMENT OF STATISTICS AND ACTUARIAL SCIENCE

For more information

Tel: +27 (0)21 808 3244 Fax: +27 (0)21 808 3830 E-mail: njlr@sun.ac.za or tdewet@sun ac.za

Web site: www.sun.ac.za/statistics

*Programmes suitable for international students Feel free to contact us about this

Ten years before it was founded in

1946, this Department, one of the old-est in the country, already presented statistics as a subject, mainly for stu-dents in the commercial sciences In this way we ended up in the Faculty

of Economic and Management Sci-ences The number of environments needing tuition in statistics is increas-ing even more rapidly In 1985 we also started offering actuarial science Presently we house the Centre for Sta-tistical Consultation; proof that we are serious about active research Fields of study

Statistics (up to doctorate), math-ematical statistics (up to doctorate), actuarial science (up to Master’s) and financial risk management (up to doc-torate) Listed below is a summary of the fields covered

Statistics and mathematical statistics:

Advanced statistical inference, Bayes statistics, biostatistics, bootstrap and related computer-intensive tech-niques, categorical data analysis, con-sultation practice, data mining, experi-mental design, extreme value theory, large sample analysis, multidimen-sional scaling, multivariate statistical analysis, probability models and sto-chastic simulation, probability theory, non-parametric techniques, sampling theory, S-PLUS and R programming, statistical learning theory, statistical quality control, survival analysis, time series analysis

Actuarial science: The postgraduate

32

programmes cover certain of the later

subjects of the Faculty and Institute of

Actuaries In the Honours programme

Financial Economics (CT8) and Core

Application Concepts (CA1) are

cov-ered The Master’s programme covers

subjects on the Specialist level and

also requires the submission of a

re-search project/thesis Successful

stu-dents are now able to obtain

exemp-tions (from the examinaexemp-tions of the

Faculty and Institute of Actuaries) for

not only the Core Technical subjects,

but also for CA1 and up to two

Spe-cialist subjects

Financial risk management: Financial

mathematical statistics, financial risk

management and portfolio theory

Consult our web site for further

particu-lars on our postgraduate programmes

in actuarial science, mathematical

sta-tistics and stasta-tistics

37 UNIVERSITY OF

STELLEN-BOSCH BUSINESS SCHOOL

For more information

Marie Willows

Tel: +27 (0)21 918 4243

E-mail: usbcom@usb.ac.za

Fax: +27 (0)21 918 4468

Postal address: USB, PO Box 610,

Bellville 7535

Web site: www.usb.ac.za

Brochures available

*Programmes suitable for international

students

The University of Stellenbosch

Busi-ness School (USB) is situated on the

University’s Bellville Park Campus in

Bellville, Cape Town It is one of the

few management schools outside

Europe that is accredited by the

Eu-ropean Quality Improvement System

(EQUIS) of the European Foundation

for Management Development The

School’s MBA programme has also

been accredited by the Association

of MBAs (AMBA) in the UK The MBA

programme received unconditional

accreditation from the quality

com-mittee of the SA Council on Higher

Education The School is a member of

several international academic

bod-ies, including the European Doctoral

Association in Management and

Busi-ness Administration (EDAMBA)

MBA The MBA curriculum aims at develop-ing students’ competencies in high-level leadership At the beginning of the programme, students undertake tests to determine their leadership profiles After they receive feedback, students embark on an individualised interactive programme which extends over the full duration of the MBA study period and is designed to achieve optimal personal leadership develop-ment After students have completed the core modules of the MBA pro-gramme, they may choose from a va-riety of elective modules or specialise

in a specific study area Certain mod-ules may be followed at foreign busi-ness schools with which the USB has exchange agreements

The MBA programme is presented in the following formats:

MBA (Full-time)*

One year of lectures during the day;

research report in the 2nd year (Eng-lish)

MBA (Part-time) Two years of lectures in the evening;

research report in the 3rd year (Eng-lish)

MBA (Modular)*

Two and a half years of block lectures (4 blocks of 8 days during each of the first two years, and 2 blocks of 8 days during the third year: totalling

10 blocks); research report in the 3rd year Two programmes to choose from (bilingual: English and Afrikaans; or English)

Master’s in Development Finance*

This Master’s programme runs over one year full-time (with daily lectures)

or over two years modular (with five lecture blocks of two weeks each in this period) Core modules include quantitative methods, microfinance, project finance, corporate gover-nance, political and economic dimen-sions of development in Africa, and small-scale enterprise development

Master’s in Coaching*

This Master’s programme is offered by the USB in conjunction with Middlesex University in the UK

MPhil in Futures Studies*

This Master’s programme is presented

by the Institute for Futures Research

in cooperation with the USB The pro-gramme, which runs for two years, is presented electronically by way of in-teractive telematic education

PhD in Business Management and Administration*

This two-year programme involves re-search culminating in a dissertation A limited number of bursaries are avail-able for full-time students