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Tuition Fees: | $2,779 /year |
---|---|
Applications Begin: | April 2021 |
Final Award: | Bachelor of Accounting Science |
Start Date: | February 2022 |
Academic Unit: | Faculty Commerce, Law and Management |
Campus: | West Campus |
Application Deadline: | September 2021 |
You will also take introductory courses in Economics, Commercial Law, Mathematics and Statistics, and Accounting Information Systems.
The curriculum is fully compliant with international accounting education requirements, as well as those of the following boards:
– South African Institute of Chartered Accountants (SAICA)
– Public Accountants and Auditors Board (PAAB)
– International Federation of Accountants (IFAC)
Once you’ve completed your BAccSc, you will need to complete a Higher Diploma in Accounting (HDipAcc), which is a one-year, full-time postgraduate programme. If you successfully complete the HDipAcc, you will be eligible to write the SAICA qualifying exams (otherwise known as Board Exams).
The exams are written in two parts, and you will need to complete a three-year training contract in the accountancy profession (Training in Public Practice) or in commerce and industry (Training Outside Public Practice). After writing your first exam, you will need to choose a specialist course in either Financial Management or Auditing. You will then write the second qualifying exam. Once you have successfully completed both exams, you will be eligible to register as a chartered accountant with SAICA.
Please note that this degree structure is changing and is currently under development.
First year
– Accounting Information Systems Financial Accounting
– I Economics IA (Microeconomics)
– Economics IB (Macroeconomics)
– Commercial Law I
– Computational Mathematics I
– Business Statistics I
Second year
– Financial Accounting II
– Management Accounting and Finance II
– Taxation II
– Auditing II
– Business Enterprise Law
– Mercantile Law
– A total of 24 credits must be taken from the following course:
– Economics IIA
OR
– Principles of Marketing and Consumer Behaviour
OR
– Human Resources Management IIA
Third year
– Financial Accounting III
– Management Accounting and Finance III
– Taxation III
– Auditing III
APS
42+
English Home Language OR First Additional Language
Level 5
Mathematics
Level 6
Wait listing
Applicants with an APS of 39-41, as well as English 6 and Mathematics 6, will be wait-listed subject to place availability.
– The Student Enrolment Centre at Wits handles all student applications.
– Check the admission requirements for your degree. Check if any additional selection requirements apply.
– Submit your application, required documentation and application fee before the closing date.
– Local Students pay an application fee of R100 while International Students pay R700
– Once you have applied, an admissions consultant will be assigned to your application.
Career opportunities for this programme include:
– Charted Accountant
– Fund Manager
– Internal Auditor
– Tax Specialist
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Tuition Fees per year for South African Students = R42,140
Tuition Fees per year for International Students = R84280
(The tuition fees for International students includes an additional International Registration fee R6,650 to the normal fees.)
**Students from the Southern African Development Community (SADC) member countries pay also annual local tuition fees and related costs (The SADC member countries are Angola, Botswana, Comoros, Democratic Republic of Congo, Eswatini, Lesotho, Madagascar, Malawi, Mauritius, Mozambique, Namibia, Seychelles, Tanzania, Zambia and Zimbabwe)
International Students should take note:
– 75% of the annual tuition fee is payable on or before registration, as well as 75% of the on-campus accommodation fee.
– This payment includes the annual tuition fees and other related costs.
– The balance of the fees is payable by 31 March for undergraduate students, and for postgraduate students 30 days after registration. This excludes students with Refugee status.
– Fees clearance is to be obtained from the Fees Office.
– If you are sponsored, your sponsorship letter has to be vetted by the Financial Aid and Scholarships
Office (FASO).
– All international students (those who are not South African citizens or who do not have permanent residence status in South Africa) are required by the Department of Home Affairs to provide proof of available funds for the tuition fee for the academic year prior to receiving his/her study visa.