What is a Bachelor of Accounting Science (BCOMPT) Degree?
The Bachelor of Accounting Science (BCOMPT) degree is a specialised undergraduate programme designed to equip students with essential knowledge in accounting, auditing, taxation, and business management. The BCOMPT degree focuses on preparing individuals for careers in accounting, offering an in-depth understanding of financial principles, reporting, and auditing standards. This degree is an excellent foundation for those seeking to become professional accountants.
The accounting science course is particularly tailored to meet the professional and academic needs of aspiring Chartered Accountants in South Africa. BCOMPT is a Bachelor of Accounting Science, often abbreviated as BSc in Accounting.
Why Pursue a Bachelor of Accounting Science (BCOMPT) Programme?
The Bachelor of Accounting Science programme offers a pathway to a lucrative and stable career in the accounting industry. A BCOMPT degree provides access to various career opportunities such as financial management, taxation, auditing, and accounting. Moreover, graduates can pursue professional qualifications like CA(SA) (Chartered Accountants South Africa) and further their expertise in the field.
Key benefits include:
- High demand for BCOMPT careers in South Africa and internationally
- Pathway to becoming a Chartered Accountant or Certified Auditor
- Versatile skill set applicable in various industries
- Competitive BCOMPT jobs with high earning potential
Bachelor of Accounting Science (BCOMPT) Overview – Structure, Curriculum and Duration
The Bachelor of Accounting Science course structure is meticulously designed to cover critical areas of accounting and finance. Typically, the BCOMPT course duration spans 3 years. The curriculum is divided into various modules that cover key aspects of accounting:
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Year
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Modules with credits
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Year 1
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Business Communication 1 - 12
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Business Ethics 1 - 12
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Business Management 1 - 12
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Commercial Law 1 - 12
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Computer Skills 1 - 12
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Mathematics 1 - 12
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Economics 1 - 24
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Financial Accounting 1 - 24
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Foundational Personal Mastery - 5
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Year 2
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Auditing 2 - 24
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Financial Accounting 2 - 24
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Principles of Taxation 2 - 24
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Accounting in a Computerised Environment 2 - 12
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Company Law 2 - 12
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Principles of Management
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Accounting 2 - 12
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Statistical Analysis 2 - 12
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Year 3
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Auditing 3 - 24
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Financial Accounting 3 - 24
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Risk and Financial Management 3 - 24
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Advanced Taxation 3 - 24
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Management Accounting 3 - 12
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Corporate Governance 3 - 12
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These core modules are designed to meet the academic requirements of professional bodies and ensure a robust understanding of accounting practices.
Bachelor of Accounting Science (BCOMPT) Eligibility Requirements
To enrol in the Bachelor of Accounting Science programme, prospective students must meet specific eligibility criteria:
- Matric with Bachelor pass or NQF level 4 equivalent qualification (OR)
- A relevant NQF Level 5 qualification from an accredited institution as per SAQA requirements
- Competent in Mathematics written and oral communication skills at NQF Level 4.
Bachelor of Accounting Science (BCOMPT) Course – Study Mode
The Bachelor of Accounting Science course is available in both online and contact classes formats, allowing for flexibility in how students complete their studies. Working professionals can benefit from the BCOMPT online course, as it allows them to balance their work commitments with their studies. For those who prefer a traditional classroom environment, contact classes are also available, providing a more interactive learning experience.
Studying online or part-time offers flexibility and is ideal for individuals who are looking to advance their careers while maintaining their current jobs.
Bachelor of Accounting Science (BCOMPT) Admission Process- How to Apply
The Bachelor of Accounting Science admission process is straightforward and involves the following steps:
- Complete the online application form.
- Submit certified copies of academic transcripts or equivalent qualifications.
- Provide proof of identity (ID or passport).
- Pay the application fee.
- Await confirmation of admission and any additional requirements, such as an interview or additional testing.
The BCOMPT requirements include meeting academic thresholds and ensuring all necessary documentation is provided.
Bachelor of Accounting Science (BCOMPT) Fees & Funding
The Bachelor of Accounting Science course fees can vary depending on the institution and study mode. Students may explore options for student loans provided by Regenesys, scholarships, or bursaries that can help finance their education. Regenesys also offer flexible payment plans to make the cost of the BCOMPT course more manageable.
Please contact our admissions team for more information on course fees, payment plans, and available scholarships.
Best Bachelor of Accounting Science (BCOMPT) Course
Regenesys offers one of the best Bachelor of Accounting Science courses in South Africa, recognised for its academic excellence and industry relevance. With a focus on developing skills that meet the demands of the global economy, Regenesys provides a solid foundation in accounting science, ensuring graduates are well-prepared for professional exams and careers in the financial sector. Regenesys’ programme stands out for its flexible learning options, practical focus, and strong support systems for students.
Bachelor of Accounting Science (BCOMPT) Career Opportunities
A Bachelor of Accounting Science (BCOMPT) degree opens doors to diverse career paths within the finance and accounting sectors, offering both stability and opportunities for growth. Graduates with this qualification are highly sought after, especially in South Africa, where the demand for skilled accountants is on the rise.
Career Opportunities
- Chartered Accountants (CA): Many BCOMPT graduates aspire to become Chartered Accountants (CA(SA)), which requires further professional training and passing the CA board exams. Chartered Accountants hold senior roles in auditing, finance management, and corporate governance.
- Financial Accountant: BCOMPT graduates can start as financial accountants, handling financial reporting, budgeting, and ensuring compliance with financial regulations. This role provides a strong foundation in corporate accounting.
- Auditor: Auditing positions, whether internal or external, involve assessing financial statements and ensuring accuracy and adherence to standards. With experience, auditors can advance to senior roles in accounting firms or corporate audit departments.
- Tax Consultant: Graduates can specialise in taxation, advising businesses and individuals on tax compliance, planning, and strategy. This career offers the potential for growth into high-level consulting roles.
- Management Accountant: Management accountants focus on internal financial processes, helping companies manage costs and plan budgets. This role is vital for business decision-making and offers a direct path to senior management roles.
- Financial Manager: Financial managers oversee an organisation's financial health. They supervise accounting teams, produce financial reports, and guide corporate strategy. This role is a high-level career option for experienced BCOMPT graduates.
- Consulting and Advisory Roles: Graduates with an entrepreneurial spirit may pursue consulting roles in financial advisory, helping companies improve their financial operations and strategy.
Salary Insights
- Entry-Level Salary: Fresh graduates with a BCOMPT degree typically start with an average salary ranging between R180,000 to R300,000 per year, depending on the industry and location.
- Chartered Accountant (CA(SA)): Those who complete their Chartered Accountant qualifications can earn significantly more, with an average salary of R550,000 to R900,000 annually. Experienced Chartered Accountants in senior roles can earn over R1 million annually.
- Auditors: Entry-level auditors can expect a salary of around R240,000 to R350,000 annually. Senior auditors and managers, especially in large accounting firms, can earn upwards of R600,000 annually.
- Tax Consultants: Salaries for tax consultants range from R200,000 to R400,000 at the entry-level, with experienced consultants earning over R600,000 annually. Senior tax consultants or those running their practices can earn significantly more.
- Financial Managers: Financial managers typically earn between R450,000 and R800,000 annually, depending on the company's size. High-level financial managers or CFOs can command salaries exceeding R1.2 million.
Why to Enrol in Regenesys Bachelor of Accounting Science (BCOMPT) Programme?
Enrolling in the Regenesys Bachelor of Accounting Science (BCOMPT) programme is an excellent choice for aspiring accountants seeking a world-class education. Here’s why you should consider it:
- Industry-Relevant Curriculum: Regenesys ensures that the BCOMPT programme is aligned with the current demands of the accounting profession in South Africa, covering key areas like financial accounting, auditing, and taxation.
- Pathway to Professional Qualifications: The programme lays a strong foundation for students pursuing prestigious certifications like CA(SA) and Chartered Accountants in South Africa.
- Flexible Learning Modes: Regenesys offers online and contact classes, making it accessible for working professionals who need flexibility to balance their studies and careers.
- High Employment Opportunities: Regenesys BCOMPT programme graduates are well-prepared for a variety of roles in accounting, finance, and auditing and have strong prospects for securing high-paying BCOMPT jobs.
- Experienced Faculty: Regenesys has a team of seasoned professionals with real-world experience, ensuring students gain practical knowledge alongside academic theory.
- Global Recognition: As one of Africa’s top business schools, a degree from Regenesys is highly respected in South Africa and internationally, giving graduates a competitive edge in the job market.
Join the Regenesys Bachelor of Accounting Science programme today and take the first step towards a rewarding career in the accounting profession!
Apply Now and become part of a programme that is recognised for its excellence in South Africa and beyond.
