IIE Diploma in Commerce in Business Management

The purpose of The IIE Diploma is to develop the skills, knowledge and competence of graduates who aim to manage a small to medium business enterprise effectively and efficiently. This programme also provides graduates with the foundation for growth into management positions within larger business enterprises. Students will gain sufficient depth of knowledge, together with practical skills through Work Integrated Learning, to enable graduates to apply their learning in the workplace. The lack of adequate management and business management skills in South Africa is one of the contributors in the high failure rate in the SMME arena. This qualification will provide a very important and essential skills set to support national efforts to equip prospective business managers and entrepreneurs to produce better economic results.

The programme focuses on the financial, economic and business management aspects of commerce, but includes important business-related modules to ensure a balanced perspective of modern corporate business to inform the environment within which the graduates must operate and to ensure a well‐rounded qualification.

What entry requirements will I need to study this Diploma?

Minimum Admission Requirements



Math Lit/SG

Life Orientation


NSC: Diploma with


coupled with a minimum of 40% for

four recognised 20‐credit NSC subjects

NC(V): Diploma pass




and a minimum of 50% in the three fundamentals and 60% in three compulsory vocational subjects

SC: Endorsement ‐none

SC(a):Diploma pass


A SAQA Evaluation Certificate with NSC L4 equivalence with 30% or equivalent in English.

Alternatively, a Higher Certificate (or equivalent) or Advanced Certificate in a cognate field may satisfy the minimum admission requirements to diploma studies.

Senate Discretionary Admissions

Mature Age Exemption

Candidates must have attempted the Senior Certificate or equivalent, attained the age of 23 before or during the first year of registration with three years’ work experience and proven ability relating to the proposed programme as well as adequate communication skills; OR Candidates must have attained the age of 45 before or during the first year of registration.

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


Candidates who have successfully completed an SOT qualification may be admitted, provided that they have submitted their SOT Certificate and Academic Transcript as well as their NBT:AQL results and have achieved:

  1. A minimum of 30 % in English, coupled with a minimum of 40% in four recognised 20‐credit NSC subjects ‐ using the SOT Conversion Table; and
  2. A score of at least 38 for Academic Literacy (AL) and a score of at least 38 for Quantitative Literacy (QL)


The IIE’s Diploma in Commerce in Business Management is accredited by the South African Council on higher Education (CHE) and is registered by the South African Qualifications Authority (SAQA) on the National Qualifications Framework (NQF) as a 364‐credit qualification on level 6 (SAQA ID: 84787).

The IIE - accredited by The British Accreditation Council 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.

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Career Opportunities

This Diploma will help address the national skills shortage and graduates will be equipped to take up positions as:

  • Office administrators or managers
  • Managers (variety of positions)
  • Business managers or trainee business managers
  • Entrepreneurs

In addition, it provides students access to higher education and to graduates of the programme an opportunity to further studies in finance, marketing or business.

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Learning Opportunities

The IIE’s Diploma in Commerce in Business Management is a three‐year programme and consists of 29 modules (364 credits) which is offered with two semesters a year. 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. Final examinations are written at the end of each semester. In addition to attending lectures you will be expected to spend time preparing for class and/or tests and exams, conducting your own research and working on assignments. The IIE Diploma in Commerce in Business Management mainly focuses on developing finance and management.

These skills are supported by appropriate knowledge elements identified by industry as critical for graduates to inform the background against which they will be required to function successfully in a business environment. Support modules include economics and marketing which will assist students in mastering the discipline holistically.

Furthermore, the business environment consists of a variety of internal and external variables that should be investigated to ensure a balanced business context that addresses the key aspects of the business. Furthermore, the first‐year accounting modules will provide a strong foundation upon which more comprehensive knowledge and applied competencies will be demonstrated in the Financial Management modules of the second and third years.

Postgraduate Studies

The IIE’s Bachelor of Commerce 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. Students who choose the Finance and Accounting core discipline will have a broader scope of access into postgraduate qualifications.

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. The option exists to study the Bachelor of Commerce Honours in Management degree with the IIE. For further details regarding entrance criteria and course content, please speak to your Student Advisor.