The qualification (Bachelor of Business Science in Economics) is a four-year professional degree (undergraduate), which is designed to address the national shortage of suitably qualified personnel in the sphere of Economics. Graduates are highly sought after by both private and public domain employers, as the qualification equips such graduates with skills to analyse the financial and monetary policies and performance of business enterprises, banking institutions and governmental institutions. This emphasis on mathematics and statistics related curricula, combined with research related modules in the qualification seeks to address the inadequacies of past graduates in the aspects of conducting research, and further address a national imperative of producing researchers, especially in the field of economics.
Economic growth is essential to address issues of poverty and unemployment within a developing economy such as South Africa. As such, there is an increasing need for graduates to obtain in depth and specialised skills within the discipline of Economics. Both the public and the private sectors demand graduates with a solid theoretical foundation of how the economy works and with specialised analytical and quantitative skills in the various fields of Economics. In addition, the marketplace expects graduates who have developed both analytical and research skills, and the ability to work independently.