Bachelor of Commerce in Economics

Overview

The IIE Bachelor of Accounting (BAcc) 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 (BAcc) degree is for students who intend to pursue a professional career in Accounting. If you enjoy working with numbers in the accounting context and like the thought of applying this in the business world, then consider studying this Degree. This is the Degree to study should you wish to become a Chartered Accountant or Professional Accountant.

Course Outline

WHO IS THIS QUALIFICATION AIMED AT?
This qualification is aimed at individuals who have the skills, drive, and initiative to succeed in the business world specialised in economics and are looking to develop a strong foundation in commerce. It is ideal for school leavers or those looking to enter the business environment with a practical and versatile qualification that opens doors to further study or entry-level roles in business and economics.
CAREER OPPORTUNITIES
•     Economist
•     Business Analyst
•     Data Analyst
•     Policy Analyst
•     Market Research Analyst
DURATION
This is a three-year qualification offered by The Independent Institute of Education (The IIE).
MODE OF DELIVERY
Distance (Online): This IIE qualification is available online through IIE distance learning for individuals wanting to
study and work. As an IIE distance student, you will receive all your support online from a dedicated team of RI
online tutors. Speak to a student advisor for more information.

Admission Requirements

For Minimum requirement click  here

Modules

Year 1 
Semester 1
Applied Communication Techniques 
Mathematics 1A 
Economics 1A  
Accounting 1A

Semester 2 

Introduction to Accounting and Finance 
Business Management 1
Mathematics 1B 
Economics 1B Semester 2 
Year 2
Semester 1
Business Management 2A 
Business Statistics 
Business Law 
Intermediate Microeconomics 2A

Semester 2 
 Business Management 2B 
Intermediate Macroeconomics 2B 
Business Data Modelling 
Public Economics 

Year 3
Semester 1
Advanced Microeconomics  
Econometrics A: Introduction
Introduction to Research for Commerce 
International Trade and Finance 
Semester 2

Research Practice for Commerce 
Advanced Macroeconomics 
Monetary Economics 
Econometrics B: Applied 

Accreditation

THE WEIGHT YOUR FUTURE QUALIFICATION CARRIES
The IIE Bachelor of Commerce in Economics 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 360-credit qualification on Level 7 (SAQA ID No: 93854). On successful completion you will receive a Bachelor of Commerce in Economics from The Independent Institute of Education (The IIE), a leading registered private provider of higher education in South Africa.

Device Requirements

DEVICE AND CONNECTIVITY SPECIFICATIONS REQUIRED FOR ONLINE STUDY:

• Reliable internet connection (we recommend 5-10 GB of data per month and an internet speed of at least 0.15 Mbps)
• Desktop PC or laptop with at least an i3 processor and 4GB RAM memory
• Windows 8 or macOS 10.15 (Microsoft Office 365 is available as a free download for IIE students), and Google Chrome, Microsoft Edge Chromium or Firefox
• A working webcam and microphone
• An uninterrupted power supply is also highly recommended

NB: This fact sheet is accurate at the time of publication. The Independent Institute of Education (The IIE) reserves the right to alter any of the content prior to the commencement of registration due to changes in regulation, policy, market requirements or any other valid reaso

Examination

Exams are written at an exam centre and, in some instances, online. These details will be specified in your programme assessment schedule. 

Pathways

FURTHER STUDY PATHWAYS
The Independent Institute of Education (The IIE) offers you the opportunity to start with a degree and progress into a postgraduate diploma or postgraduate degree. There are several pathways offered by The IIE at Rosebank International, that enable access to higher-level qualifications. Speak to the student advisor for more information. The successful completion of the IIE Bachelor of Commerce in Economics (BCEC0701) enables you to progress into the following qualification/s subject to meeting the admission requirements:
•     IIE Bachelor of Commerce Honours in Management
•     IIE Postgraduate Diploma in Digital Business
•     IIE Postgraduate Diploma in Business Leadership
•     IIE Postgraduate Diploma in Supply Chain Management
•     IIE Postgraduate Diploma in Management
•     IIE Postgraduate Diploma in Corporate Governance

Important Information

This fact sheet is accurate at the time of publication. The Independent Institute of Education (The IIE) reserves the right to alter any of the content prior to the commencement of registration due to changes in regulation, policy,market requirements or any other valid reason.

To be awarded this qualification, a minimum final year mark of 50% for each module must be achieved.

· This factsheet is valid for the 2026 academic year only.

· Free software is available to all registered IIE Rosebank College students. The software includes but is not limited to MS Excel, MS Word, MS PowerPoint, MS Access and MS Outlook, which come with the Office 365 bundle. Students can access the software using their RCCONNECT.edu.za email address.

THE PATH TO BECOMING A CHARTERED ACCOUNTANT

1. Complete a 3-year SAICA accredited accounting degree.

2. Complete a 1-year SAICA accredited Postgraduate Diploma in Accounting.

3. At the beginning of the training contract with an accredited training provider (usually an audit firm).

4. At the beginning of the training contract, the first of the SAICA professional exams is written, the Initial Test of Competence (ITC).

5. At the end of the 2nd year of the training contract, the second of the SAICA professional exams is written, the Assessment of Professional Competence (APC).