Commerce Careers

commerce

Bachelor of Commerce

The Bachelor of Commerce degree (BCom) aims to provide students with a broad understanding of commerce in a management context. Mandatory courses impart understanding in areas such as accounting, economics and business administration, with allowance made for specialisation in a chosen major/s to prepare you for your commerce career.

All BCom programs are identical in first-year, making it easy to change or add majors. Multiple majors are more common in BCom’s than in the Bachelor of Business Science degree, conceivably because BCom’s are 3-years, not 4-years like a BBusSc. The material covered in the BCom varies from major to major, but generally centers on business administration, strategy and commercial conceptual understanding.

There are a huge variety of commerce careers – go through the table to discover the best one for you.

FYI:

  • Subject requirements may differ slightly at each university.
  • Associated salary depends on which route you choose to take with your degree, the given associated salary is not completely accurate and is just to give you an idea of what to expect.

Degree: BCom

Possible Careers

What you need to do to study this:

International Business

Average starting salary at R33,933.92 a month.

Work at Multinational Business Corporations in divisions:

  • Accounting
  • economy
  • import/export
  • compliance officer
  • banking
  • management analyst
  • Write AQL and MAT NBT’s
  • NSC aggregate of 60%, excluding Life Orientation
  • Mathematics 60%
  • English Home Language 60% OR
  • English First Additional Language 70%
General
  • Build up your own curriculum from a wide choice of subjects
  • Focal areas: agricultural economics, financial planning, investment management, public and development management

Average starting salary of R14,899 a month.

  • Agricultural economics: entrepreneurship, general management, financial management and logistics management.
  • Financial planning: financial advisors in banking, insurance and other industries and in own enterprise.
  • Investment management: International Chartered Financial Analyst, careers include investment analyst, portfolio manager, securities broker and trade
  • Public and development manager: management careers in public, non-government and development sector such as general, strategic, financial, personnel, project or programme manager. Development planner, community developer or specialist in policy and management research and consultation.
  • Write AQL and MAT NBT’s
  • NSC aggregate of a 60% minimum, excluding Life Orientation
  • Mathematics 60%
  • English OR Afrikaans Home Language 50%
  • Afrikaans OR English First Additional Language 50%

If you take Mathematics or Computer Science:

  • Mathematics 70%
Economic Sciences

Focal areas:

  • economics (econometricians)
  • economics(economic and management consulatants)
  • Economics (financial sector)
  • transport economics

Average starting salary of R18,000 a month.

  • Economics: financial sector careers as economic/financial analyst of economic/management consultant.
  • Transport economics: plan and manage transport infrastructure, the formulation of transport policy and the control of transport systems for public enterprises and transport organisations.
  • Write AQL and MAT NBT’s
  • NSC aggregate of 60% minimum, excluding Life Orientation
  • Mathematics 60%
  • English or Afrikaans Home Language 50%
  • Afrikaans or English first additional Language 50%

If you take mathematics or computer science:

  • Mathematics 70%
Management Sciences

Focal areas:

  • Entrepreneurships and innovation
  • Financial management
  • Human Resource management
  • Information systems management
  • logistics management
  • marketing management
  • quantitative management

Average starting salary of R12,438.25 a month.

  • Entrepreneurship and innovation: teaches you how to create your own job opportunities and to make creative contributions to other businesses.
  • Financial Management: own business, investment analyst, financial manager or financial adviser.
  • Human resource management: personnel manager, market researcher, training manager, consultant or labour relations manager.
  • Information Systems Management
  • Logistics management
  • Marketing management: marketing manager, sales manager, client manager and advertising manager
  • Quantitative manager
  • Write AQL and MAT NBT’s
  • NSC aggregate of 60% minimum, excluding Life Orientation
  • Mathematics 60%
  • English Home Language 50% OR
  • English First Additional Language 50% or
  • Afrikaans Home Language 50% OR
  • Afrikaans First Additional Language 50%
Mathematical Sciences

Focal areas:

  • computer science
  • financial risk management
  • mathematical statistics
  • operations research

Average starting salary of R12,438.25 a month.

  • Computer Sciences: Programmer in any environment
  • Financial risk management: financial quantitative analysts, financial risk managers, portfolio managers and financial instrument dealers
  • Mathematical statistics: statistician, data miner, data manager, statistical analyst
  • Operations research: find mathematically-based solutions for problems that have a high complexity, uncertainty and conflict in factories, businesses, banks and the mining and agricultural sectors
  • Write AQL and MAT NBT’s
  • NSC aggregate of 60% minimum, excluding Life Orientation
  • Mathematics 70%
  • English OR Afrikaans Home Language 50%
  • Afrikaans OR English First Additional Language 50%
Actuarial Science

Average starting salary of R20,833.33 a month.

Actuary

  • before you can practice as an actuary you need to pass fifteen examinations of the professional body and have sufficient work experience
  • Successful university studies can exempt you from many of these exams.
  • Write AQL and MAT NBT’s
  • NSC aggregate of 70% minimum, excluding Life Orientation
  • Mathematics 80%
  • English or Afrikaans Home Language 50%
  • Afrikaans or Afrikaans First Additional Language 50%
  • 60% is required for at least one of the language subjects.
Financial Accounting

Average starting salary of R15,638.33 a month

  • Need to pass the examinations set out by the Association of Chartered Certified Accountants to qualify as a chartered certified accountant.
  • Write AQL and MAT NBT’s
  • NSC aggregate of 60% minimum, excluding Life Orientation
  • Mathematics 60%
  • English OR Afrikaans Home Language 50%
  • Afrikaans OR English First Additional Language 50%
Industrial Psychology

Average starting salary of R16,800 a month.

  • Psychometrist.
  • To practice as an Industrial Psychologist – Obtain BComHons in Industrial Psychology, six months internship and passing a professional board exam. Registration at the HPCSA is possible after MCom in Industrial Psychology, internship of 12 months and a professional board exam.
  • Write AQL and MAT NBT’s
  • NSC aggregate of 60% minimum, excluding Life Orientation
  • Mathematics 60%
  • English OR Afrikaans Home Language 50%
  • Afrikaans OR English First Additional Language 50%
Accounting

Average starting salary of R16,472.17 a month

  • Financial management
  • management accounting
  • tax consulting
  • charted accounting (to qualify for this, you first need to pass the South African Institute of Chartered Accountants examinations and/or the Independent Regulatory Board for Auditors).
  • Write AQL and MAT NBT’s
  • NSC aggregate of 70% minimum, excluding Life Orientation
  • Mathematics 70% OR
  • Mathematics 60% and Accounting 70%
  • English Home Language 50% OR Afrikaans Home Language 50% OR Afrikaans First Additional Language 50% OR English First Additional Language 50%
Finance and Tax

Average starting salary ofR23,583 a month

  • Financial management
  • auditor
  • taxation specialist
  • Write AQL and MAT NBT’s
  • NSC aggregate of 70% minimum, excluding Life Orientation
  • Mathematics 70% OR
  • Mathematics 60% and Accounting 70%
  • English Home Language 50% OR Afrikaans Home Language 50% OR Afrikaans First Additional Language 50% OR English First Additional Language 50%
Information Systems

Average starting salary of R17,000 a month.

  • Business analyst
  • IT risk specialist
  • systems analyst
  • business systems developer
  • business software project manager
  • Write AQL and MAT NBT’s
  • NSC aggregate of 65% minimum, excluding Life Orientation
Management Accounting

Average starting salary of R23,958.33 a month.

  • Need to pass the examinations set out by the Chartered Institute of Management Accountants to qualify as a chartered management accountant
  • Write AQL and MAT NBT’s
  • NSC aggregate of 60% minimum, excluding Life Orientation
  • Mathematics 60% English OR Afrikaans Home Language 50%
  • Afrikaans OR English First Additional Language 50%

Degree: BCom (International Business)

Average starting salary at R33,933.92 a month.

Possible Careers:

Work at Multinational Business Corporations in divisions:

  • Accounting
  • economy
  • import/export
  • compliance officer
  • banking
  • management analyst

What you need to do to study this:

  • Write AQL and MAT NBT’s
  • NSC aggregate of 60%, excluding Life Orientation
  • Mathematics 60%
  • English Home Language 60% OR
  • English First Additional Language 70%

Degree: BCom (General)

  • Build up your own curriculum from a wide choice of subjects
  • Focal areas: agricultural economics, financial planning, investment management, public and development management

Average starting salary of R14,899 a month.

Possible Careers

  • Agricultural economics: entrepreneurship, general management, financial management and logistics management.
  • Financial planning: financial advisors in banking, insurance and other industries and in own enterprise.
  • Investment management: International Chartered Financial Analyst, careers include investment analyst, portfolio manager, securities broker and trade
  • Public and development manager: management careers in public, non-government and development sector such as general, strategic, financial, personnel, project or program manager. Development planner, community developer or specialist in policy and management research and consultation

What you need to do to study this:

  • Write AQL and MAT NBT’s
  • NSC aggregate of a 60% minimum, excluding Life Orientation
  • Mathematics 60%
  • English OR Afrikaans Home Language 50%
  • Afrikaans OR English First Additional Language 50%

If you take Mathematics or Computer Science:

  • Mathematics 70%

Degree: BCom (Economic Sciences)

Focal areas:

  • economics (econometricians)
  • economics(economic and management consulatants)
  • economics (financial sector)
  • transport economics

Average starting salary of R18,000 a month.

Possible Careers:

  • Economics: financial sector careers as economic/financial analyst of economic/management consultant.
  • Transport economics: plan and manage transport infrastructure, the formulation of transport policy and the control of transport systems for public enterprises and transport organisations.

What you need to do to study this:

  • Write AQL and MAT NBT’s
  • NSC aggregate of 60% minimum, excluding Life Orientation
  • Mathematics 60%
  • English or Afrikaans Home Language 50%
  • Afrikaans or English first additional Language 50%

If you take mathematics or computer science:

  • Mathematics 70%

Degree: BCom (Management Sciences)

Focal areas:

  • Entrepreneurship and innovation

Financial management:

  • Human Resource management
  • Information systems management
  • logistics management
  • marketing management
  • quantitative management

Average starting salary of R12,438.25 a month.

Possible Careers:

  • Entrepreneurship and innovation: teaches you how to create your own job opportunities and to make creative contributions to other businesses.
  • Financial Management: own business, investment analyst, financial manager or financial adviser.
  • Human resource management: personnel manager, market researcher, training manager, consultant or labour relations manager.
  • Information Systems Management
  • Logistics management
  • Marketing management: marketing manager, sales manager, client manager and advertising manager
  • Quantitative manager

What you need to do to study this:

  • Write AQL and MAT NBT’s
  • NSC aggregate of 60% minimum, excluding Life Orientation
  • Mathematics 60%
  • English Home Language 50% OR
  • English First Additional Language 50% OR
  • Afrikaans Home Language 50% OR
  • Afrikaans First Additional Language 50%

Degree: BCom (Mathematical Sciences)

Focal areas:

  • computer science
  • financial risk management
  • mathematical statistics
  • operations research

Average starting salary of R12,438.25 a month.

Possible Careers:

  • Computer Sciences: Programmer in any environment
  • Financial risk management: financial quantitative analysts, financial risk managers, portfolio managers and financial instrument dealers
  • Mathematical statistics: statistician, data miner, data manager, statistical analyst
  • Operations research: find mathematically-based solutions for problems that have a high complexity, uncertainty and conflict in factories, businesses, banks and the mining and agricultural sectors

What you need to do to study this:

  • Write AQL and MAT NBT’s
  • NSC aggregate of 60% minimum, excluding Life Orientation
  • Mathematics 70%
  • English OR Afrikaans Home Language 50%
  • Afrikaans OR English First Additional Language 50%

Degree: BCom (Actuarial Science)

Average starting salary of R20,833.33 a month

Possible Careers:

Actuary

  • before you can practice as an actuary you need to pass fifteen examinations of the professional body and have sufficient work experience
  • Successful university studies can exempt you from many of these exams.

What you need to do to study this:

  • Write AQL and MAT NBT’s
  • NSC aggregate of 70% minimum, excluding Life Orientation
  • Mathematics 80%
  • English or Afrikaans Home Language 50%
  • Afrikaans or Afrikaans First Additional Language 50%
  • 60% is required for at least one of the language subjects

Degree: BCom (Financial Accounting)

Average starting salary of R15,638.33 a month

Possible Careers:

  • Need to pass the examinations set out by the Association of Chartered Certified Accountants to qualify as a chartered certified accountant.

What you need to do to study this:

  • Write AQL and MAT NBT’s
  • NSC aggregate of 60% minimum, excluding Life Orientation
  • Mathematics 60%
  • English OR Afrikaans Home Language 50%
  • Afrikaans OR English First Additional Language 50%

Degree: BCom (Industrial Psychology)

Average starting salary of R16,800 a month.

Possible Careers:

  • Psychometrist.
  • To practice as an Industrial Psychologist – Obtain BComHons in Industrial Psychology, six months internship and passing a professional board exam. Registration at the HPCSA is possible after MCom in Industrial Psychology, internship of 12 months and a professional board exam.

What you need to do to study this:

  • Write AQL and MAT NBT’s
  • NSC aggregate of 60% minimum, excluding Life Orientation
  • Mathematics 60%
  • English OR Afrikaans Home Language 50%
  • Afrikaans OR English First Additional Language 50%

Degree: BCom (Accounting)

Average starting salary of R16,472.17 a month

Possible Careers:

  • Financial management
  • management accounting
  • tax consulting
  • charted accounting (to qualify for this, you first need to pass the South African Institute of Chartered Accountants examinations and/or the Independent Regulatory Board for Auditors)

What you need to do to study this:

  • Write AQL and MAT NBT’s
  • NSC aggregate of 70% minimum, excluding Life Orientation
  • Mathematics 70% OR
  • Mathematics 60% and Accounting 70%
  • English Home Language 50% OR Afrikaans Home Language 50% OR Afrikaans First Additional Language 50% OR English First Additional Language 50%

Degree: BCom (Finance and Tax)

Average starting salary ofR23,583 a month

Possible Careers:

  • Financial management
  • Auditor
  • Taxation specialist

What you need to do to study this:

  • Write AQL and MAT NBT’s
  • NSC aggregate of 70% minimum, excluding Life Orientation
  • Mathematics 70% OR
  • Mathematics 60% and Accounting 70%
  • English Home Language 50% OR Afrikaans Home Language 50% OR Afrikaans First Additional Language 50% OR English First Additional Language 50%

Degree: BCom (Information Systems)

Average starting salary of R17,000 a month.

Possible Careers:

  • Business analyst
  • IT risk specialist
  • Systems analyst
  • Business systems developer
  • Business software project manager

What you need to do to study this:

  • Write AQL and MAT NBT’s
  • NSC aggregate of 65% minimum, excluding Life Orientation

Degree: BCom (Management Accounting)

Average starting salary of R23,958.33 a month

Possible Careers:

  • Need to pass the examinations set out by the Chartered Institute of Management Accountants to qualify as a chartered management accountant

What you need to do to study this:

  • Write AQL and MAT NBT’s
  • NSC aggregate of 60% minimum, excluding Life Orientation
  • Mathematics 60%
  • English OR Afrikaans Home Language 50%
  • Afrikaans OR English First Additional Language 50%

Related Articles

Bachelor of Commerce

There are commonly two sought-after degrees in Commerce: The Bachelor of Business Science (BBusSc) and the more common choice, the Bachelor of Commerce (BCom). Most…

Responses

Top