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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 IIE Bachelor of Accounting (BAC) degree is for students who intend to pursue a professional career in Accounting.

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.

Minimum
Admission
Requirements:
English


Maths /
HG
Math Lit /
SG
Notes

NSC:
Bachelor
pass with
50%50% or80%1.Candidates who
have obtained a
registered and
accredited Advanced
Certificate or Higher
Certificate in
Accounting or similar,
with Accounting as a
core module for a full
year, who do not have
a 70% average for
Accounting on that
qualification must
attend all 12 sessions
of Introduction to
Accounting
(SINAC019) in the first
semester of first year.
Non-attendance of
any of the 12 sessions
without a valid
reason, will result in
the cancellation of
your registration on
the Bachelor of
Accounting degree.
2.Candidates who do
not have Accounting
as a grade 12 subject
or have not obtained
50% for Accounting in
grade 12 must attend
all 12 sessions of
Introduction to
Accounting
(SINAC019) in the first
semester of first year.
Non-attendance of
any of the 12 sessions
without a valid reason
will result in the
cancellation of your
registration on the
Bachelor of
Accounting degree.
NC(V):
Bachelor
pass with
50%50% or80%
SC:
Endorsement
with
50%50% or80%
SC(a):
Bachelor
pass with
50%50% or80%
InternationalAn USAf Exemption Certificate to degree studies and
meeting the relevant Maths and English requirements.
Higher Certificate, an Advanced Certificate, 240
or 360 credit Diploma in a cognate field may
satisfy the minimum admission requirements to
degree studies.
If discipline not
cognate at least 20%
of credits must be
academic literacy or
numeracy related.
Senate Discretionary Admissions:
Mature Age
Exemption
Candidates having attained the age of 23 before or during the first year
of registration with a Senior Certificate with a minimum of 40% 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.

An USAf Exemption Certificate is required
Recognition of
Prior Learning
(RPL)
Candidates must 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).
USAf approved
cognate
foundation
programme
Candidates who have completed an USAf approved cognate foundation
programme from a registered and accredited provider may be admitted.
The additional English and Maths criteria fall away.
An USAf Exemption Certificate is required - the Office of the Registrar
will facilitate, on behalf of the student, an application for degree
admission to USAf, once the student has provided proof of payment to
USAf.
Transfer
students
Candidates who have successfully completed at least 120 credits on the
first year of a cognate degree may be admitted on condition that the
candidate obtained a minimum of 70% for a full year of Accounting
module(s) (IIE codes - ACBP5111 AND ACBP5112) or similar. However, if
a student completed less than 120 credits, the admission criteria on the
NSC or equivalent apply.
General
Education
Development
(GED) - An USA
qualification
developed by
the American
Council on
Education (ACE)
Candidates with a GED qualification may be admitted if they have an
USAf Foreign Conditional Exemption Certificate as well as NBT: AQL
results and have obtained a score of at least 51 for Academic Literacy
(AL) and a score of at least 40 for Quantitative Literacy (QL).

The IIE Bachelor of Accounting degree is accredited by the Council on Higher Education (CHE) and is registered by the South African Qualifications Authority (SAQA) on the National Qualifications Framework (NQF) as a 422-credit qualification on level 7 (SAQA ID: 99284).

The IIE 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.

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

At The IIE’s Varsity College we are proud of and passionate about our shift away from the ‘traditional lecturing’ methodology to our blended-learning strategy – the VCBlend.

This blended-learning strategy extends learning beyond the confines of the classroom and creates opportunities for our students to work collaboratively, with peers and their educators, to construct their understanding of concepts. Student engagement is supported by the use of a

learning management system (LMS) and the online learning materials that have been developed to underpin our teaching strategy.

Due to the VCBlend approach, you will be expected to spend time conducting your own research, study for assessments and work on assignments. To gain the most from the blended learning experience, VC’s Wireless classrooms and campuses, students are required to BYOT (Bring Your Own Technology) such as mobile devices, netbooks, laptops or tablets, etc. so as to develop the necessary academic and digital literacies over the three years of this degree.

This student-focused approach compels our students to be accountable for their learning while developing the critical skills they will need to thrive in the rapidly changing 21st century work environment.

As such, academic life for our students is dynamic, challenging and relevant.

The IIE 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 offered at other South African higher education institutions. As a result, the opportunity to apply for a postgraduate certificate/diploma or honours degree at The IIE or any other South African higher education institution does exist. However, different institutions sometimes have different requirements for admission to the programmes they offer. These requirements also change from time to time within institutions. For this reason, acceptance into various programmes are based on meeting all the institution-specific entrance requirements, the availability of space, as well as the applicants’ academic results.

Speak to your Student Advisor regarding these further study options.

The IIE is not only accredited in South Africa but its dedication to providing quality education also led to it being accredited by the British Accreditation Council (BAC) in 2014. The British Accreditation Council is an independent authority in the United Kingdom that accredits private providers globally, including Greece, Switzerland, Singapore, India, Mauritius and the United Arab Emirates. In 2017 The IIE had its accreditation status confirmed by the BAC as an Independent Higher Education Institution confirming our confidence in the international comparability of our standards.

“South African students need to know, when they select a private higher education institution, that the standards offered are equivalent to those of a public University. Our students get this from our extensive local accreditation and registration. The students also benefit from knowing that we meet international standards too. The IIE is accredited as an Independent Higher Education Institution by the British Accreditation Council. Locally and internationally we have demonstrated the quality of what we offer,” said Dr Coughlan, Director, The Independent Institute of Education.

The IIE’s Varsity College students can be confident that their IIE learning experience meets international best practice standards.