Bachelor of Business Science (Accounting)

Length

Three years full-time or equivalent

Overview

The Bachelor of Business Science degree offered by Monash is a global, flexible degree that gives students the opportunity to create a study programme to best suit their proposed employment goals and business discipline interests. The Bachelor of Business Science (Accounting) is a specific non-flexible degree aimed at gaining entrance into becoming a Chartered Accountant in South Africa. This degree was specifically developed for Monash South Africa and is accredited by SAICA.

The five Monash campuses that offer business degrees work collaboratively within the Faculty of Business and Economics, using an international approach to programme management that aims to provide all students, regardless of location the opportunity to develop:

The programme comprises of five core compulsory units with a range of specific units, there are no electives. The core units have been chosen to provide an introduction to the full range of business and commerce disciplines, while the specific units allow students to build on the core by specialising in accountancy.

Units are taught from a conceptual, as well as an applied perspective. The programme is designed to provide students with a range of skills that are portable across geographic boundaries, thereby enhancing opportunities for study and employment in other countries.

Programme structure

The degree comprises 24 units, normally completed by full-time students over a period of three years. The degree
requirements are:

FIRST YEAR

AFW1000

Principles of accounting and finance

ECW1101

Introductory microeconomics

FIT1003

IT in organisations

MGW1010

Introduction to management

ECW1102

Introductory macroeconomics

AFW1002

Introduction to financial accounting [AFW1000]

ETW1102

Business statistics

BTW1201

South African  business law A

SECOND YEAR

AFW2020

Cost information for decision making [AFW1002]

AFW2710

Financial accounting A
[AFW1002]

AFW2760

Auditing A

[AFW1002 & BTW1201]

BTW2201

South African business law B

[BTW1201]

AFW2780

Corporate finance A
[AFW1000]

AFW2720

Financial accounting B

[AFW2710]

AFW2700

Ethics and business

 

BTW2301

South African taxation A

[BTW1201 & AFW1002]

THIRD YEAR

AFW3790

Corporate finance B

[AFW2780]

AFW3730

Financial accounting C

[AFW2720]

AFW3765

Computer auditing

[AFW2760 & FIT1003]

BTW3302

South African taxation B

[BTW2301]

AFW3750

Advanced accounting for management information

[AFW2020]

AFW3740

Group statements

[AFW2720]

AFW3770

Auditing B

[AFW3765]

BTW3303

South African taxation C

[BTW3302]

[The unit codes in brackets are prerequisites]

Mathematics requirement

For South African applicants who wrote the South African Senior School Certificate (SAFCERT) prior to 2008, a minimum of an E symbol on Higher Grade or a C on Standard Grade is compulsory. School leavers who wrote the National Senior Certificate (NSC) need to obtain a minimum of a 4 (50%) in Mathematics. Mathematics is compulsory for students intending to follow the Accounting path, and Math Literacy will not be accepted. International students must achieve a minimum of an O-Level 'C' symbol or equivalent for Mathematics. Please contact the Admissions department for further information on other International requirements.

Career opportunities for Bachelor of Business Science graduates

Business education is in high demand worldwide as it develops leaders with knowledge and expertise across a broad range of disciplines that have immediate value in the workplace.

Graduates of the Bachelor of Business Science are prepared for careers in business, industry, government and
international organisations. The Bachelor of Business Science (Accounting) prepares graduates for further studies towards the professional qualification Chartered Accountant (South Africa) or Chartered Certified Accountant. A Chartered Accountant (South Africa) usually builds a career as an accountant or auditor (external or internal) or consultant in private practice, in commerce and industry, in the academic environment or in government. Areas of specialism include finance and costing, taxation, computer auditing, forensic auditing, international accounting and many other. In South Africa, a Chartered Certified Accountant can build a similar career, but not as an external auditor.

Those graduates wishing to seek membership with SAICA will be required to complete a Certificate in the Theory of Accountancy (CTA) or a fourth year equivalent at a SAICA-accredited university (until such time as the Monash fourth year has been SAICA accredited).

As a Monash Business Science graduate you will not only possess an internationally-recognised, high quality degree, you will also be well-equipped personally and professionally to take advantage of global employment opportunities in a variety of disciplines across the public, not-for-profit and private sectors.