SCHOOL OF FINANCE AND ACCOUNTING

IIE Bachelor of Accounting

​The IIE Bachelor of Accounting (BAC) degree will provide candidates with a thorough theoretical grounding and knowledge in the key principles of Financial Accounting, Management Accounting and Finance, Auditing and Taxation. Thus, the Bachelor of Accounting (BAC) degree is for students who intend to pursue a professional career in Accounting.

• A NSC with Degree admission - A minimum of 50% for English AND 50% for Mathematics OR 80% for Mathematical Literacy; OR 
• A NC(V) with Degree admission – A minimum of 60 % in English on either First Additional Language or Home Language level AND Mathematics or Mathematical Literacy AND Life Orientation , with a minimum of 70% in the four compulsory vocational subjects is required; OR 
• A SC (with endorsement) and a minimum of 50 % for English AND 50% for Mathematics on higher grade OR 70% for Mathematics on standard grade; OR 
• Alternatively, a Higher Certificate, an Advanced Certificate, 240 or 360 credit Diploma in a cognate field may satisfy the minimum admission requirements to degree studies. 

Mature Age Exemption: 
• Candidates having attained the age of 23 before or during the first year of registration with a senior certificate or equivalent with a minimum of 50% in at least four higher or standard grade subjects, at least three of which shall have been passed simultaneously and one of which shall be a recognised higher grade subject; OR 
• Candidates must have attained the age of 45 before or during the first year of registration. 

Additional Requirements for the Bachelor of Accounting: 
• Students who do not have Accounting as a grade 12 subject or have not obtained 50% for Accounting in grade 12 must complete the Introduction to Accounting course during the first semester of first year. 
• Students who have obtained a registered and accredited Advanced Certificate or Higher Certificate in a cognate discipline who do not have a minimum of 70% average for Accounting on that qualification or who did not cover sufficient Accounting on that qualification must complete the Introduction to Accounting course during the first semester of first year. 

Recognition of Prior Learning (RPL)

Candidates can demonstrate suitability for admission in terms of Senate's resolution 6.6 of 20 October 2005 which allows for Senate's discretionary conditional admission (if applicable).

Please note, requirements for entry to this qualification are correct at the time of printing, however, these may change. At the time of registration, please check that the entry requirements have not changed.


The IIE’s Bachelor of Accounting degree is accredited by the Council on Higher Education (CHE) and is registered with the South African Qualifications Authority (SAQA) on the National Qualifications Framework (NQF) as a 422-credit qualification on level 7 (SAQA ID: 99284). The Bachelor of Accounting degree is also accredited by the South African Institute of Chartered Accountants (SAICA) as an undergraduate degree to prepare students for the Chartered Accountant qualification.The IIE is accredited by The British Accreditation Council
The IIE is internationally recognised and accredited by The British Accreditation Council (BAC). The BAC has been responsible for setting standards within the independent further and higher education sector for 25 years. Their accreditation is held by hundreds of colleges in the UK and overseas. They provide the leading mark of educational quality for the sector, which is used by students, parents, agencies and beyond as a guarantee of standards.
For more information please visit http://www.the-bac.org/
This degree will open up an attractive range of career options; this degree is an ideal stepping stone to a diverse and exciting range of business related career opportunities. These opportunities include, but are not limited to becoming a –
 
• Chartered Accountant (CA(SA)) 
• Professional Accountant 
• Certified Management Accountant 
• Chartered Certified Accountant 


The IIE BAC degree is a three-year degree. The academic year runs from February to November. The modules are delivered on a full-time basis with lectures and tutorials being scheduled during the day from Monday to Friday.
In addition to attending lectures, you will be expected to spend time conducting your own study plan as well as research and work on assignments. Learning material is of the highest quality and offers students a blended learning experience where the face-to-face teaching sessions are supplemented with specific online learning activities, digital content/study material, relevant current textbooks and assessments.
To gain the most from the blended learning experience and VC’s Wireless classrooms and campuses, students are required to BYOT (Bring Your Own Technology) mobile device – netbook, laptop or tablet – to develop the necessary academic and digital literacies over the three years of this degree.
The curriculum below is correct at the time of print. Please note that in line with academic practice, The IIE’s curriculum is annually reviewed thus changes may occur in module structure and sequence in order to ensure that the qualification remains relevant. The exit level outcomes of the programme do not change. Registered students receive updated programme curriculum on an annual basis.
Documents detailing specific module outcomes per core discipline are available from the campus should you require these details.
The IIE’s Bachelor of Accounting degree is accredited by the Council on Higher Education (CHE) and is registered with the South African Qualifications Authority (SAQA) on the National Qualifications Framework (NQF) at level 7 - the same level as other equivalent undergraduate degrees at South African universities. The opportunity to apply for a postgraduate certificate/diploma or honours degree at Varsity College or any South African university exists subject to meeting specific programme entrance requirements. 

If you intend pursuing a career as a Chartered Accountant, you may apply for the postgraduate CTA programme at a SAICA accredited university, subject to their admission requirements. Successful completion of the CTA programme will enable you to write the Initial Test of Competence set by SAICA. 
If you intend pursuing a career as a Professional Accountant, you may apply to SAIPA to register for their professional examinations. 

As a registered student at Varsity College, we will support you to explore the possible postgraduate options that align to your chosen career area. Each year we also provide our students with a postgraduate information pack. It is important to remember that your academic results remain a key factor when applying for further studies.