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Why should I come to UCT?

UCT is the oldest university in South Africa and is one ofthe leading research universities on the African continent. Many researches areA-rated and are recognized as world leaders in their field. It has a diversestudent body and has over 3000 international students from over 90 countries.Resources and facilities available to students are superb. The Commerce Facultyprides itself on being the largest of all faculties at UCT and offers a widerange of programmes, preparing students for the personnel needs of thefast-growing world of financial service industries and for participation in theglobal economy.

As an example, the Accounting Department in the Commerce Faculty:

  • Focuses on technical and "soft" skills e.g.communication verbal and written, development of lateral thinking and criticalanalysis.
  • Has an enviable track record in professional exams.
  • Students receive guidance and assistance from 1st yearthrough small group tutorials, hot seat facilities, and have access to friendlyacademic staff.
What subjects does one study in Commerce?

All Commerce students do at least

  • One year of Accounts
  • One year of Economics
  • 6 months of Statistics
  • 6 months of Mathematics
  • 6 months of Information Systems
  • 6 months of thinking skills
  • In addition each student will choose an area ofspecialisation from Accounting, Economics, Information Systems, ActuarialScience or Management Studies.
Do I need to have done Accounts at school?

No, but you must have done Maths and English. Preferencewill be given to students who have passed matriculation Mathematics on theHigher Grade. Applicants with Standard Grade Mathematics will only be consideredwhere they have not had the opportunity of doing Higher Grade Mathematics atschool.

What are the differences between a B.Com and a B.BusScdegree?

 

If you start with a BCom degree can you change to a BBusScdegree later on?

Yes, but this will depend on your academic progress and youwould need to have done pre-requisite courses for the BBusSc, e.g. a year-longMaths course.

How do I become a Chartered Accountant (CA)?

See poster / CA route handout below for a detailed roadmap to becoming a Chartered Accountant.

What is the difference between the General Accountant andChartered Accountant streams?

The difference are as follows:

  • 1st and 2nd year are common
  • 3rd year the only difference is the General Accountantstream does ACC IIIT and TAX IT versus ACC III and TAX I in the CA stream. TheT indicates courses that cover breadth rather than technical depth.

ACC IIIT is an overview of ACC III and ACC IV done in thePostgraduate Diploma in Accounting. TAX IT is an overview of TAX I and TAX IIdone in the Postgraduate Diploma in Accounting.

The below flowchart provides a breakdown of the typicalAccounting Programmes.

What is the difference between Actuarial Science offered inthe Science Faculty and Actuarial Science offered in the Commerce Faculty?

Actuarial Science is offered as a 4-year BBusSc degree inCommerce, whereas it is a 3-year BSc degree in Science. In order to gainequivalence to a BBusSc a student would have to do a 4th year (Honours) inScience. The core Actuarial Science courses offered in the BBusSc and BScdegrees are the same, but the BBusSc has extra Commerce-type courses. Inaddition, the entrance requirements for admission to the BBusSc are moredemanding than those for the BSc.

What are the main differences between OrganisationalPsychology, Industrial Psychology and Human Resources Management?

In the old days we called our subject area IndustrialPsychology, because we mainly worked in the manufacturing industry. However, aseconomies and work changed, we also started working in financial institutions,information technology companies, the public sector, NGOs, etc. So we changedour name to Organisational Psychology to reflect that we work in all types oforganisations. However, some universities have retained the name IndustrialPsychology.

When you look at the names of our sections/departments inthe yearbooks of different universities, you will note a variety of labels. Aswe noted above, some departments are called Departments of IndustrialPsychology. Others are called Departments of Organisational Psychology and toadd to the confusion, some are called Departments of Human Resources.

At UCT our current name is the Section of OrganisationalPsychology/Human Resource Management. This is confusing and long-winded andwill be changed by 2005. We have taken the standpoint (supported by social historiansin the Netherlands) that as economies and work change, the focus ofOrganisational Psychology also changes. The current focus of OrganisationalPsychology is a trend called Human Resource Management. This trend emphasisesthe idea that people are an asset, rather than just a cost factor in the workplace. Therefore, well-trained and highly skilled people can be viewed as acompetitive advantage in an organisation.

In summary then, Industrial Psychology (although still inuse), is an older name for Organisational Psychology. Human Resource Managementis the current trend in Organisational Psychology. This trend may change as theeconomy and work change over time.

Does the Faculty offer entrance scholarships?

Yes, but these are not awarded automatically on excellentMatric results only, but are also used as a recruitment tool for equitypurposes. The current entrance scholarship policy is under review and is likelyto change for 2005.

Does the Faculty accept courses passed at Technikons andDamelin College?

No