BACHELOR OF COMMERCE - B.COM. - AND BACHELOR 
OF COMMERCE (HONOURS) - 
B.COM. (HONS.) - DEGREE COURSE ġ S.L.327.146 1
SUBSIDIARY LEGISLATION 327.146
BACHELOR OF COMMERCE - B.COM. - AND 
BACHELOR OF COMMERCE (HONOURS) - B.COM. 
(HONS.) - DEGREE COURSE REGULATIONS
24th July, 1998
LEGAL NOTICE 179 of 1998, as amended by Legal Notice 141 of 2001.
Citation and 
interpretation.
1. (1) The title of these regulations is Bachelor of Commerce
- B.Com. - and Bachelor of Commerce (Honours) - B.Com. (Hons)
- Degree Course Regulations.
(2) In these regulations, unless the context otherwise requires -
"the Board" means the Board of the Faculty of Economics,
Management and Accountancy;
"the course" means the course of studies leading to the degree of
Bachelor of Commerce - B.Com. - or the course of studies leading
to the degree of Bachelor of Commerce (Honours) - B.Com. (Hons)
- as the case may be; and
"the Degree" means the Degree of Bachelor of Commerce -
B.Com. - or the Degree of Bachelor of Commerce (Honours) -
B.Com. (Hons) - as the case may be.
Applicability.
Amended by:
L.N. 141 of 2001.
2. These regulations shall apply to courses starting in October
2000 or later.
Eligibility for 
Degree.
3. To be eligible for the award of the Degree students must -
( a ) be registered as regular students for the appropriate
course in terms of the Admission Regulations of the
University;
( b ) complete the course of studies, qualify in the
examinations and comply with the other requirements
prescribed in these regulations; and
( c ) comply with any other requirements prescribed in any
other relevant statutes, regulations and bye-laws of the
University.
Registration.
time specified by the Office of the Registrar.
Admission and 
special course 
requirements.
5. Applicants may be allowed to register for the Bachelor of
Commerce - B.Com. - course if:
( a ) they satisfy the General Entry Requirements as
specified in the Admission Regulations of the
University; and, for courses starting in October 2000
or later, if they also possess a pass at not below
Intermediate Level in Pure Mathematics; or
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OF COMMERCE (HONOURS) - 
B.COM. (HONS.) - DEGREE COURSE
( b ) as from October 1999, they are in possession of the
Certificate in Banking of the Chartered Institute of
Bankers, a pass in Systems of Knowledge and a pass in
Pure Mathematics at not below Intermediate Level of
the Matriculation Certificate Examination, provided
that such applicants may only be allowed to register
for the course with Banking and Finance, and either
Economics or Management or Public Policy as the two
main areas of study; or
( c ) as from October 2000, they are in possession of the
Certificate in Banking of the Chartered Institute of
Bankers (comprising six subjects) and a pass in Pure
Mathematics at not below Intermediate Level of the
Matriculation Certificate Examination, provided that
such applicants may only be allowed to register for the
course with Banking and Finance, and either
Economics or Management or Public Policy as the two
main areas of study.
Accountancy as 
main area of study.
6. Students admitted to Part II of the course may study
Accountancy as a main area of study if they have obtained:
( a ) a pass in Accounting at Advanced Level with Grade C
or better in the Matriculation Certificate Examination,
or equivalent, prior to admission to the course; and
( b ) passes at Grade C or better in Mathematics and in
Accounting Theory and Practice in the Part I
examination.
Course duration. 7. (1) The course of studies leading to the degree of Bachelor
of Commerce shall extend over a minimum period of three years.
Students may not take the Part II examination earlier than three
years or later than four years from first admission to the course
except with the permission of the Senate.
(2) The course of studies leading to the degree of Bachelor of
Commerce (Honours) shall extend over a minimum period of four
years. Students may not take the Part III final examination earlier
than four years or later than five years from first admission to the
course except with the permission of the Senate.
Course of studies. 8. (1) The course of studies leading to the degree of Bachelor
of Commerce (Honours) shall be divided into three parts and shall
consist of study-units to which not less than ninety-six credits are
assigned, including eight credits for optional study-units, three
credits of which may be extracurricular.
(2) The course of studies leading to the degree of Bachelor of
Commerce shall comprise the first two parts of the course leading
to the degree of Bachelor of Commerce (Honours), and shall
consist of study-units to which not less than seventy-two credits are
assigned, including eight credits for optional study-units, three
credits of which may be extracurricular.
(3) A catalogue of the study-units offered throughout the
course, with the credits assigned to each and the order in which
BACHELOR OF COMMERCE - B.COM. - AND BACHELOR 
OF COMMERCE (HONOURS) - 
B.COM. (HONS.) - DEGREE COURSE ġ S.L.327.146 3
they are to be taken, shall be approved by the Board and shall be
published before the start of each academic year.
(4) The catalogue shall also specify the core study-units and
any prerequisites in each main area of study of Part II of the course
mentioned in regulation 10(2) and in each area of specialisation of
Part III of the course mentioned in regulation 12(1). (Some study-
units are sequential and registration for them may require the
previous successful completion of other specified study-units and/
or other qualifications indicated in the catalogue of study-units.)
(5) Each completed study-unit shall be assessed and graded
from A to D, A being the highest grade and D the lowest grade.
Study-units that have not been successfully completed shall be
indicated by a mark F (Fail).
(6) In each year of the course, students must register for a
number of study-units for which not less than fourteen and not
more than twenty-eight credits are assigned, provided that a student
who has been required to repeat a year of studies may be allowed
by the Board to register for that number of study-units as the Board
deems fit.
(7) The Board may exempt students from the requirement of
obtaining a credit certificate for a particular study-unit and/or the
Part I examination if they have obtained from the University, or an
institution recognised by the Senate for the purpose, a qualification
the study for which is, in the opinion of the Board, equivalent in
content and standard to that required for the credit certificate
concerned or for the Part I examination:
Provided that students who are exempted from the
requirement of passing the Part I examination may be required to
obtain credits in those study-units which the Board may indicate to
ensure that they are able to follow the course with profit.
(8) If in order to be eligible to take the Part II examination,
students lack credit for one study-unit, the Rector, on the advice of
the Dean or of another competent academic officer of the
University, may authorise the taking of that examination with such
provisions as are deemed necessary to ensure adequate
compensation for the aforesaid missing study-unit.
Part I: course and 
examination.
Amended by:
L.N. 141 of 2001.
9. (1) Part I shall extend over the first year of the course and
shall consist of six compulsory study-units covering the areas of
study for this part of the course, to each of which four credits are
assigned. During Part I, students may also register for optional
study-units, to which not more than three credits are assigned.
(2) The Part I compulsory study-units shall be assessed
through coursework, which shall carry 10% of the weighting for the
final grade and an examination at the end of the second semester,
which shall carry 90% of the weighting for the final grade.
(3) Students shall be deemed to have satisfied the assessment
criteria of the course if they obtain 24 credits, including the credits
for all the compulsory study-units.
(4) Students who do not successfully complete Part I of the
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OF COMMERCE (HONOURS) - 
B.COM. (HONS.) - DEGREE COURSE
course may be allowed to repeat the course of studies in the
following year under those conditions as the Board may impose.
Part II: course and 
examination.
Amended by:
L.N. 141 of 2001.
10. (1) Students shall be eligible to register for Part II of the
course if they have successfully completed Part I of the course in
terms of regulation 9(3) or have been exempted therefrom in terms
of regulation 8(7).
(2) Part II shall extend over the second and third years of the
course and shall consist of study-units in any of the following main
areas of study: Accountancy, Banking and Finance, Economics,
Management, Public Policy, and Tourism and any other areas
approved by the Senate on the recommendation of the Board.
Students may register for up to six optional study-units during this
Part of the course.
(3) Each area of study shall consist of study-units to each of
which not less than 20 credits are assigned.
(4) On registration for Part II of the course students shall be
required to choose two main areas of study from those listed in
subregulation (2).
(5) Students shall be required to sit for the Part II examination
if they have obtained a minimum of sixty-four credits and if they
have, during this Part of the course, obtained not less than eighteen
credits in each of the two main areas of study.
(6) The Part II examination shall consist of four papers in each
of the two main areas of study chosen.
(7) Students shall be deemed to have satisfied the requirements
of Part II of the course if they obtain a pass grade in each of the
papers of the Part II examination in terms of regulation 15(1) or
(2).
(8) Students who successfully complete Part II of the course
shall qualify for the degree of Bachelor of Commerce - B.Com. -
unless they opt to proceed to Part III of the course in terms of
regulation 11(1).
Part III: course and 
examination.
11. Students shall be eligible to register for Part III of the
course if they -
EITHER (1) ( a ) have successfully completed Part II of the
course in terms of regulation 10(7); OR
obtained the Bachelor of Commerce degree in
or prior to 1996; and
( b ) have been placed at least in Category II; and
( c ) have obtained a minimum of one Grade B and
three Grade C (a second Grade B or one Grade
A will compensate for not more than one
Grade D) in the papers of the Part II
examination related to the main area of study
chosen for Part III of the course, provided
that:
(i) the main area of study applicable for
BACHELOR OF COMMERCE - B.COM. - AND BACHELOR 
OF COMMERCE (HONOURS) - 
B.COM. (HONS.) - DEGREE COURSE ġ S.L.327.146 5
students wishing to proceed to the
Bachelor of Commerce (Honours) course
in Tourism shall be either Tourism or
Management; and
(ii) as from October 1997, the main area of
study applicable for students wishing to
proceed to the Bachelor of Commerce
(Honours) course in Public and Private
Sector Management shall be either Public
Policy or Management;
OR (2) are in possession of a Bachelor of Commerce
degree, a Postgraduate Certificate in Education,
and two years’ experience of teaching a related
subject;
OR (3) with Management as the area of specialisation if
they:
( a ) are in possession of the Bachelor of Science
degree (Business and Computing);
( b ) have been placed at least in Category II; and
( c ) have obtained a minimum of one Grade B and
three Grade C (a second Grade B or one Grade
A will compensate for not more than one
Grade D) in the four papers relating to the
Business area of study;
OR (4) with Tourism as the area of specialisation if they
are in possession of the Diploma in Hotel
Administration awarded by the local Institute of
Tourism Studies, provided that they obtain a pass
in the following:
( a ) the Part I examination of the Bachelor of
Commerce Course in the following areas of
study:
Economics
Behavioural Studies I (Sociology section)
Statistics and Computing; and
( b ) the following study-units of the Bachelor of
Commerce course:
Anthropology and Sociology of Tourism or
Social and Cultural Perspectives of Tourism,
as advised by the Board
Tourism Management; and
( c ) an intermediate examination consisting of the
four papers of the Part II examination in
Management and obtain a minimum of one
Grade B and three Grade C (a second Grade B
or one Grade A will compensate for not more
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B.COM. (HONS.) - DEGREE COURSE
than one Grade D) before being allowed to sit
for the Part III Final examination;
OR (5) are in possession of the Chartered Institute of
Bankers Associateship qualification (ACIB),
provided that students accepted for the Bachelor of
Commerce (Honours) course under this paragraph
must pass an intermediate examination consisting
of the four papers of the Part II examination in
Banking and Finance of the Bachelor of Commerce
degree and obtain a minimum of one Grade B and
three Grade C (a second Grade B or one Grade A
will compensate for not more than one Grade D)
before being allowed to sit for the Part III final
examination.
Area of 
specialisation.
12. (1) On registration for Part III of the course, students shall
be required to choose one area of specialisation from the following
areas of study: Banking and Finance, Economics, Management,
Public Policy, and Tourism; and for courses starting in October
1997 or later: Public and Private Sector Management.
(2) Part III shall extend over the fourth year of the course and
shall consist of study-units to which not less than twenty-four
credits are assigned, not less than 75% of which are to be from the
area of specialisation The credits shall include not more than six
credits assigned to the writing of a research paper of approximately
10,000 words, provided that this requirement may, on the
recommendation of the Head of the Department of the area of
specialisation concerned, be substituted by a long essay of not less
than 5,000 words (three credits) and additional study-units to which
not less than three credits are assigned.
(3) Students shall be required to sit for the Part III final
examination if they have obtained a minimum of eighty-eight
credits and if they have, during this Part of the course, obtained not
less than twenty-four credits in the area of specialisation.
(4) The Part III final examination shall consist of four papers
in the area of specialisation chosen. A  viva voce  examination may
also be held.
(5) Students shall be deemed to have satisfied the requirements
of Part III of the course if they obtain a pass grade in each of the
papers of the Part III final examination.
(6) Students who successfully complete Part III of the course
shall be deemed to have completed the course and shall qualify for
the award of the degree of Bachelor of Commerce (Honours) -
B.Com. (Hons).
(7) Students admitted under regulation 11(1) who do not
successfully complete Part III of the course within the time
specified by the regulations shall be eligible for the award of the
degree of Bachelor of Commerce - B.Com.- to which they were
entitled on successful completion of Part II of the course.
Examinations. 13. (1) There shall be examinations held at the end of Part I
BACHELOR OF COMMERCE - B.COM. - AND BACHELOR 
OF COMMERCE (HONOURS) - 
B.COM. (HONS.) - DEGREE COURSE ġ S.L.327.146 7
and Part II of the course and a final examination held at the end of
Part III. 
(2) There shall be two sessions of examinations in each year:
one session is normally held in May/June and a supplementary
session is normally held in September.
(3) Students shall be deemed to have passed an examination if
they have obtained one of the following grades: A, B, C, or D in
each of the papers.
Supplementary 
examinations and 
repetition of 
course.
14. (1) Students who fail in not more than three papers of the
Parts I and II examinations may be allowed to sit for the
supplementary examination in the following session in the papers
failed. The maximum grade that can be awarded in a supplementary
session is Grade D.
(2) Students who fail in more than three papers of the Part I or
of the Part II examinations or fail any paper in the supplementary
examination may be allowed to repeat the relevant Part of the
course in the following year, provided that the provisions of
regulation 7(1) are adhered to and under those conditions as the
Board may impose.
(3) Students who fail in not more than two papers of the Part
III final examination may be allowed to sit for the supplementary
examination in the following session in the papers failed. The
maximum grade that may be obtained is Grade D.
(4) Students may be allowed to repeat the Part I or Part II or
Part III (final) examination once only, except in extraordinary
circumstances and with the special permission of the Senate.
Evaluation of 
students and award 
of degrees.
15. (1) Students who are successful in the Part II examination
and who have obtained not less than sixty-four credits in Parts I and
II of the course shall qualify for the Bachelor of Commerce degree
at the general level, provided that they have not opted to proceed to
Part III of the course in accordance with paragraph (1) of regulation
11.
(2) Students who are successful in the Part II Examination but
are not permitted to proceed to Part III of the Course in accordance
with regulation 11(1) shall qualify for the Bachelor of Commerce
degree at the general level.
Final grading.
Bachelor of Commerce (Honours)/Bachelor of Commerce shall
take into account their performance in the examinations which shall
account for 70% of the weighting, as well as the credit grades
obtained during their course of studies which shall account for the
other 30%.
(2) The names of students who qualify for the award of the
degree of Bachelor of Commerce - B.Com. - shall be published in a
list in alphabetical order divided in the following categories:
Category I
Category IIA
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B.COM. (HONS.) - DEGREE COURSE
Category IIB
Category III.
(3) The names of students who qualify for the award of the
degree of Bachelor of Commerce (Honours) - B.Com. (Hons) -
shall be published in a list in alphabetical order divided according
to the following classification:
First Class (Honours)
Second Class (Honours) Upper Division
Second Class (Honours) Lower Division
Third Class (Honours).
Special provisions 
for part-time 
courses.
17. The part-time course leading to the degree of Bachelor of
Commerce - B.Com. - shall be governed by the provisions of the
regulations for the full-time course, except as provided for in
regulations 17 to 22.
Admission to the 
part-time course.
18. An applicant who qualifies for admission to the full-time
course under regulations 5 and 6 may register as a regular student
for the part-time course when such a course is being offered.
Duration of part-
time course.
19. (1) A student registered for the part-time course shall
normally be required to complete Part One in two years and Part
Two in three years.
(2) A student may not complete the part-time course in less
than ten semesters or more than twelve semesters after first joining
the course except in special circumstances, with the permission of
Senate, and under such conditions as Senate may in each case
determine, provided that a student who is allowed to complete the
Course in more than ten semesters may be required to follow study-
units including study-units offered in the full-time day course, as
directed by the Board.
Catalogue of 
Study-units for the 
part-time course.
20. (1) A catalogue of study-units for each area of study and
of the credits assigned to each study-unit in the part-time course
shall be published by the Board before the beginning of each
academic year.
(2) The study-units for the part-time course shall be similar to
those for the full-time course as indicated in regulation 8(2) and
shall be arranged so that the course can be completed in five years.
(3) The areas of study offered in the part-time course may be
fewer than those indicated in regulation 10(2) and shall be
announced at the time of the call for applications. The venues of the
lecturing/tutorial sessions shall be determined by the Board.
Progress. 21. In each year of the part-time course a student shall be
required to register for a number of study-units to which not less
than 10 and not more than 16 credits are assigned.
Part I and Part II 
examinations.
22. The Part I and Part II examinations of the part-time course
shall be the same as the Part I and Part II Examinations of the full-
time course, according to regulation 9(4) and (5) and regulation
10(6) and (7).
