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WPCS 2.1.2
Tuition Fees:$3,616 /year
Applications Begin:April 2021
Final Award:Bachelor of Commerce (BCom)
Start Date:February 2022
Academic Unit:Faculty of Commerce
Campus:Middle Campus
Application Deadline: 31 July 2021
Programme Overview

The Economics and Statistics programme is built around a core set of economics courses and is oriented towards quantitative economics and statistical methods, and thus provides students with the skills to analyse and interpret economic and financial data.

Economics is the study of economic life. It asks what, how and why goods are produced, and who benefits. Economics covers ‘micro’ subjects like the economics of the firm (profit maximisation etc) and ‘macro’ issues like unemployment, inflation and economic growth. Both programmes require that you do core micro and macro courses in the first, second and third year, Other economics courses (some optional, some compulsory depending on the programme) include international trade, political economy, public sector economics, game theory, etc.

The more economics you do, the more you will understand about economic policy dilemmas, the complexities of economic growth crises, etc. You will, in other words, be able to talk much more sensibly about economic issues than you would if you just took core economics subjects. Having this skill will enrich your business life (and certainly make you appear more intelligent in an interview!). It will also improve your attractiveness to may employers.

Graduates who can think clearly and logically about the broader economic environment have a lot to offer potential employers – especially those in asset-management, stock-broking, merchant banking, investment guidance and management consulting. Most jobs in business require further training, and a background in economics is usually a good signal to employers that you are capable of analytical thinking and are worth training further.

Curriculum

First Year

ACC1006F Financial Accounting

BUS1036F Evidence-based Management

DOC1003H Commerce Case Study

ECO1010F Microeconomics

INF1002F/S Information Systems I

CSC1015F Computer Science 1015

ACC1012S Business Accounting

ACC2011S Financial Reporting I

ECO1011S Macroeconomics

MAM1010F Mathematics 1010 ………………………………………….

AND

MAM1012S Mathematics 1012

MAM1000W Mathematics 1000

STA1000S Introductory Statistics

STA1006S Mathematical Statistics I

Second Year

CML1001F Business Law I

ECO2003F Microeconomics II

ECO2004S Macroeconomics II

ECO2007S Co-operation and Competition

PHI2043S Business Ethics

Mathematical Statistics Option:

STA2004F Statistical Theory & Inference

STA2005S Linear Models

STA2020F/S Applied Statistics

STA2030S Theory of Statistics

MAM2004H Mathematics 2004H

BUS2010F Marketing I

BUS2033S Professional Communication

INF2004F Information Technology in Business

ECO2008S Development Economics

POL2039F The Politics of International Economic Relations

Third Year

FTX2020F Business Finance

FTX2024S Financial Management

ECO3021S Quantitative Methods in Economics

Mathematical Statistics Option:

STA3041F Markov Processes & Time Series

STA3043S Statistical Modelling, Machine Learning & Bayesian Analysis

STA3030F Inferential Statistics

STA3036S Operational Research Techniques

ECO3009F Natural Resource Economics

ECO3016F History of Economic Thought

ECO3024F International Trade and Finance

ECO3022S Advanced Labour Economics

ECO3023S Public Sector Economics

ECO3025S Applied International Trade Bargaining

Admission Requirements

FPS of 480 or above.
NBT scores of Upper-Intermediate for AL & QL
Mathematics 60%
English HL 50%
English FAL 60%

Entry to this programme requires at least a Higher Grade D symbol pass in mathematics and a total of 50 points based on UCT’s rating system, and where the points earned in Mathematics and English are doubled in calculating the total.

Application Process
Application Fees for South African & SADC Students: $6
Application Fees for International Students: $18

Apply online

You will need a working email address and your South African identity number. If you are an international applicant, you need your passport number.

Applications close

31 July of the year prior to study for South African and international applicants.

Application status

Check your application status online or follow the directions on your letter from the admissions office in order to log in and determine your application status. Should you not have received your login and password, you may also use your names and birth date.

Tuition Fees Details
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Tuition Fees for South African & SADC Students: $3,616
Tuition Fees for International Students: $3,616

Please note that fees and payment requirements differ for local and international students. A further distinction is made between international students from the SADC region, international students from elsewhere in Africa, and international students from outside Africa. The following information does not apply to students registering at the Graduate School of Business (GSB).

South African citizens and South African permanent residents

An initial payment of fees (for tuition and residence) is due by January. If payment is not received on or before the due date, a one-off late payment fee of 8% of the unpaid amount will be charged. You will be allowed to register if the initial payment has not been received by the due date.

The amounts due are:

Tuition cost initial payment R27,000 (or the full fee where this is lower than the initial payment),

plus if applicable;

Residence (catering) initial payment R33,000, or

Residence (self-catering) initial payment R21,500

This is not the full cost. Final payment is due 30 June 2020.

International students from the SADC region

An initial payment of fees (tuition and residence and the administrative service fee) is due before registration. If payment is not received on or before the due date, a one-off late payment fee of 8% of the unpaid amount will be charged. Allow a minimum of 14 working days for the payment to reflect in UCT’s bank account.

The amounts due are:

Tuition cost initial payment R27,000 (or the full fee where this is lower than the initial payment), plus

Non-refundable administrative service fee R4,000

plus if applicable

Residence (catering) initial payment R33,000, or

Residence (self-catering) initial payment R21,500

This is not the full cost. Final payment is due in June.

International Students

International students must make a minimum initial payment towards the tuition fees, international term fees and residence fees (where applicable), prior to registration. If payment is not received on or before the due date, a one-off late payment fee of 8% of the unpaid amount will be charged. Allow a minimum of 14 working days for the payment to reflect in UCT’s bank account.

Payment due prior to registration for:

UCT full-time international fee-paying students (except Master’s & PhD students): R95,000

This is not the full cost. Final payment is due in June.

plus if applicable:

Residence (catering) initial payment R33,000, or

Residence (self-catering) initial payment R21,500

This is not the full residence cost. Final payment is due in June.

Relevant Contact

 
Nondwe De Caires
Departmental Manager
 
Samantha Vanderross
Undergraduate Office