Duration

All full-time undergraduate degree programmes are offered over a minimum period of three years.
All part-time undergraduate degree programmes are offered over a minimum of four and a half years.

Description

MGI’s BCom in Accounting degree is designed to enable graduates to proceed into the accounting and finance related fields. The degree is of a very high standard and requires dedication and hard work as students are required to write numerous tests and exams during the year.

Once the student has qualified, the degree provides the opportunity to proceed with a postgraduate qualification.

The Chartered Institute of Management Accountants (CIMA) recognises the MGI BCom in Accounting degree and has accredited many of the subjects.

In addition, ACCA UK (Association of Chartered Certified Accountants) fully accredits the BCom in Accounting degree. Students may proceed onto ACCA postgraduate courses and become certified chartered accountants in South Africa.

Qualification structure

The syllabus comprises of three levels:

Level 1

Students are introduced to the basic principles of Accounting.

Business Law
Business Management IA
Business Management IB
Economics IA
Economics IB
Computer Skills
Financial Accounting IA
Financial Accounting IB
Quantitative Techniques
Business English

Level 2

Students develop an intermediate level of knowledge and skills in the field of Accounting.

Corporate Law
Taxation IA
Taxation IB
Auditing IA
Auditing IB
Financial Accounting IIA

Management Accounting IIA
Management Accounting IIB
Accounting on Computers
Financial Accounting IIB
 

Level 3

Corporate Governance Practice
Financial Accounting III
Financial Management III
Auditing II
Taxation II

Students who fulfil all the requirements for Levels 1, 2, and 3 are awarded the MGI Bachelor of Commerce in Accounting degree.

Career options

Cost and Management Accountant
Financial Accountant
Financial Manager
Chartered Accountant
Auditor
Accountant
Tax Consultant
Financial Accountant

Level 4 (Professional qualification of ACCA)

MGI is a tuition provider for the professional qualification of ACCA. For entry into ACCA’s Professional Qualification,students must be 18 or older and have gained the BCom in Accounting qualification. Holders of this qualification must apply for exemption for all fundamental level modules.

Professional Accountant
Corporate Reporting
Business Analysis
Advanced Financial Management
Advanced Performance Management
Advanced Taxation
Advanced Audit and Assurance

Students must also complete an online Professional Ethics course as part of their studies before applying for membership.