Banner
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.

What entry requirements will I need to study this Bachelor’s degree?

Minimum Admission Requirements:

English

Maths/ HG

Math Lit/SG

Life Orientation

Notes

NSC: Bachelor pass with

50%

50% or

80%

with 50% for two other recognised 20-credit NSC

subjects (excl. LO)

Candidates 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 before commencement of the first semester of first year.

NC(V):

Bachelor pass

60%

50%or

60%

60%

with a min of 70% in the four vocational

subjects

SC:

Endorsement

with

50%

50%

70%

SC(a):

Bachelor pass

with

50%

50%

80%

International

An USAf Exemption Certificate to degree studies with Mathematics and English at 50% or equivalent is required

Higher Certificate, an Advanced Certificate, 240 or 360 credit Diploma in a cognate field may satisfy the minimum admission requirements to degree studies.

Other Qualifications

If discipline not cognate at least 20% of credits must be academic literacy or numeracy related.

"Alternate

Admission:

(Should additional

entrance

requirements not be

met at NSC Grade 12,

then, in some

instances, entrance

may be granted

based on Grade 11

marks)"

Notes

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.

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).

School of Tomorrow (SOT)

(last date of achievement 30 June 2019)

Candidates who have successfully completed an SOT qualification may be conditionally admitted directly into the 1st year of the degree, provided that they have:

  1. submitted their SOT certificate along with a statement of results and have achieved at least 50 % in 4 recognised 20-credit NSC subjects with 50% in English and 50% for Maths - using the SOT “National

Conversion” table;

  1. achieved the following for the National Benchmark Tests (NBT)- AQL:

- Academic Literacy (AL) score of at least 51 AND an Quantitative Literacy (QL) score of at least 38

An USAf Exemption Certificate is required - the Office of the Registrar will facilitate, on behalf of the student, an application for a degree exemption certificate to USAf, once the student has provided proof of

payment to USAf.


The IIE’s 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 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 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 International 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 International 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.

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. 

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. 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 an updated programme curriculum on an annual basis.

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.