IIE Bachelor of Commerce in Economics

The IIE Bachelor of Commerce in Economics degree provides graduates with a critical
understanding of the relationship between the disciplines of business management and
economics in the business world. Consequently, graduates will be able to contribute to basic
enquiry which informs strategic thinking and business management practices against a
background and knowledge base of the South African business and economic environment.
The purpose of this programme is threefold: to promote access to higher education, to qualify
students for careers in the business/economics field and to provide a platform for further
business management or economics studies.

A National Senior Certificate (NSC) with Degree admission ‐ with a minimum of 50%

for Mathematics or a minimum of 80% for Mathematical Literacy. For those students

who have Mathematics at level 3 (40‐49%) or Mathematical Literacy at levels 4‐6 (50‐

79%), an intermediate level (38 or above) in the NBT QL‐AQL assessment is required.

Students who have Mathematics or Mathematical Literacy at levels lower than the

above would not be considered; OR


  • A National Certificate (Vocational) 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 vocational subjects is required; OR

  • A Senior Certificate (SC) (with endorsement/complete/conditional exemption) or

equivalent with a minimum of 40% for Mathematics HG; OR at least 50% for

Mathematics SG. For those not meeting the requirements as set out above, a

minimum of an intermediate (38 or above) level in the NBT QL‐ AQL assessment is

required; OR

  • Alternatively, a Higher Certificate, an Advanced Certificate or 240 or 360 credit

Diploma in a cognate field may satisfy the minimum admission requirements to degree


If you are an international student, you must ensure that:

  • you have an equivalent qualification to the aforementioned which has been

evaluated by Universities South Africa;

  • you have a valid study visa issued in the name of The Independent Institute of

Education (The IIE) that covers the duration of your studies.

If you have not met these minimum entry requirements but have a NSC with higher certificate

or diploma entry into higher education, you may wish to consider registering for The IIE Higher

Certificate in Business Principles and Practice (HCBPP) first as a pathway to this degree.


Other considerations

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 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



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


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 Commerce in Economics 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 361‐credit qualification on level 7 (SAQA ID:
The IIE has been 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‐
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 that

• General management
• Banking and Insurance
• Business management
• Business consulting
• Economic consulting
• Financial consulting
• Corporate advising
• Business strategy planning

How is this Bachelor’s degree structured at Varsity College?
The IIE BCom in Economics 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.

Would it be possible to study further to obtain a postgraduate qualification once I have
completed The IIE BCom (Economics) degree?
The IIE BCom in Economics degree is accredited by the South African Council on Higher
Education and registered on the South African 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 any South African university exists subject to specific programme entrance

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.