Financial Management Honours
BCom (Hons) Management: Financial Managements
This option consists of the following FIVE compulsory papers:
Paper 1: Strategic Management
Paper 2: Personal Financial Management
Paper 5: Investments
Paper 6: Derivatives and Risk Management
Paper 8: Research
Admission requirements: A degree with a major in Financial Management (equivalent to Management 314). Credit should be obtained for all relevant Management courses with an aggregate of 60% as well as a minimum of 65% for Financial Management at third year level. Admission, however, remains at the discretion of the Department of Management.
Paper Content:
Paper 1: Strategic Management
The aim of this course is to enable students to think strategically and be aware of the importance of ethical principles, values and responsible corporate citizenship.
Topics include:
• Strategy, stakeholders and strategic direction
• Strategic analysis
• Strategy development and formulation
• Strategy implementation and strategic risk management
Paper 2: Personal Financial Management
The course aims to increase the financial literacy levels of students. The course will ensure that students acquire the necessary knowledge of personal finance content, execute financial calculations (improving financial numeracy), and transfer class-based financial knowledge into realworld experience. This course will also allow students to gain practical experience with personal financial content through Service-learning.
Topics include:
Personal finance theory and financial education
Cash management
Risk management and insurance
Savings products and investment
Retirement planning
Estate planning
Paper 3: Human Resource Management
The aim of this course is to enable students to initiate and manage organisational change and development.
Topics include:
The skills, task and role of an organisational consultant
Organisational development (OD)
Organisational diagnosis
Organisational development interventions
Learning Organisations
Knowledge and intellectual capital
Paper 4: Strategic Marketing
The aim of this course is to enable students to solve contemporary topical marketing problems.
Topics include:
International Marketing
Consumer Behaviour
Brand Management
Marketing Research
Customer Relationship Management (CRM)
B2B Marketing
Services Marketing
E-Marketing
Integrated Marketing Communications (IMC)
Paper 5: Investments & Paper 6: Derivatives and Risk Management
The aim of this course is to extend the corporate finance focus of the undergraduate programme, by introducing students to key concepts underpinning investment and risk management.
Topics include:
Investment returns
Equity valuation using dividend discount, free cash flow, and residual income models
Equity valuation using price and enterprise value multiples
Equity risk and return
Fixed income and money market valuation
Fixed income duration (risk) and return
Pricing and valuation of forward commitment and contingent claim derivatives
Introduction to financial risks
Hedging financial risks using derivative and non-derivative strategies
Paper 7: Project Management
Project management is the discipline of leading, planning, organising, and managing resources to bring about the successful completion of specific project goals and objectives.
The aim of this course is to familiarise and empower students to lead project teams, and to manage projects in the workplace, using a clearly defined and powerful set of knowledge resources, tools and techniques, while adding value to the overall organisational objectives.
Topics include:
Introduction to Project Management, Knowledge Areas and Process Groups
Project, Program and Portfolio Selection
Project Leadership, Management and Team Selection
Project Scope, Time, Cost and Quality Management
Project Stakeholder, Procurement, Communication, Human Resource and Risk Management
Project Management Tools and Techniques
Paper 8: Research
The aim of the course is to enable students to conduct research independently within a team.
Topics include:
Identify a research project
Write a research proposal
Conduct a literature review
Analyse and explain research results in a meaningful manner
Write up the research in the form of a research paper
Note 1: The Department of Management reserves the right to offer the papers in no particular order
from academic year to year.
Note 2: The Department also permits students to register for either 40% or 60% Management Honours. 60% Honours candidates are required to read any two of the listed papers in addition to Paper 7 (Research), the Research Paper. 40% Honours candidates are required to read any two of the listed papers, excluding Paper 7 (Research). The 60% or 40% option is only available to those registering for the BCom (Hons) Management, and BCom (Hons) Management: Financial stream.
Course admission pre-requisites
Management 102: Sub-minimum of 35% for Management 101
Management 2: Management 1; Accounting 1
Management 3: Economics 1, Management 2, Mathematics 1 or Theory of Finance and Statistics 1C2
Management 3 (Marketing): Management 213 (Marketing)
Management 3 (Finance): Management 214 (Financial Management) and Mathematics 1 or Theory of Finance and Statistics 1C2
Management 3 (Human Resource Management): Management 211 (Human Resource Management)
Honours/ Management 4 (BBS4): Management 3, with a minimum aggregate of 60% for all courses and a credit for each course
Honours (Financial Stream): Major in Financial Management (equivalent to MAN 314), with a credit for all relevant majors, a minimum aggregate of 60% for all courses and minimum of 65% for Financial Management at the third year level. Admission, however, remains at the discretion of the Department of Management.
Aggregation
In cases where credit is obtained for a course on the basis of aggregation of marks awarded for courses/ modules, candidates are permitted to proceed to any course at the next level of Management, including fourth-year (Honours and Management 4) level. Aggregation is permitted at the Honours and Management 4 level, subject to all papers being passed except one (excluding Paper 8:
Research which must be passed), in which case the subminimum for the failed paper is 45%.
Last Modified: Sun, 01 Mar 2026 13:12:47 SAST
