2016 student prospectus€¦ · the program has a strong financial and managerial approach, thus...

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2016 Student Prospectus Diploma in Business Management

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Page 1: 2016 Student Prospectus€¦ · The program has a strong financial and managerial approach, thus developing the quantitative abilities of the student. Students will therefore develop

2016 Student Prospectus

Diploma in Business Management

Page 2: 2016 Student Prospectus€¦ · The program has a strong financial and managerial approach, thus developing the quantitative abilities of the student. Students will therefore develop

2

FACULTY BUSINESS

CONTENTS Page Nr

Contact Details 3

Management 3

Registration and Accreditation 3

Purpose of the Qualification 3

Subject Layout ` 4-5

Program Outline 5-7

Career Opportunities 7

Academic Calendar 8

Before you apply 8

Admission Requirements (SA Citizens) 8

Admission Requirements (International Students) 8-9

Language Policy 9

Assessment 9

Certification Rules 9-10

Assessment Appeals 10

Access Credits 10

Changes in Course/Software 10

Transfer to another Program 10

Special Learning Needs 11

Tuition fees 12-13

Textbooks 13

Refunds and cancellations 13

Hostel Accommodation 14-15

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FACULTY BUSINESS

CONTACT DETAILS

Head Office Bellville Campus Bellville Business Park DJ Wood Street Bellville 7530 Tel: 0219495036/7

Fax: 0219481859

Email: [email protected]

www.prestigeacademy.co.za

MANAGEMET

Dr J Hugo Rector Ms V Liebenberg Academic Head

Ms S Wiese Head of Faculty Ms M Burger Program Co-ordinator

REGISTRATION AND ACCREDITATION

We comply with requirements for accreditation as a higher education institution, which includes quality assurance, quality promotion

and ongoing quality improvement.

• Prestige Academy (Pty) Ltd is registered with the Department of Higher Education and Training as a private higher education

institution under the Higher Education Act, 1997. Registration certificate no. 2009/HE07/005

• The Diploma in Business Management is registered on the National Qualifications Framework (NQF) of the South African

Qualifications Authority (SAQA), qualification ID 84906.

• Prestige Academy (Pty) Ltd is accredited by the Higher Education Quality Committee (HEQC) of the Council on Higher Education

(CHE) to offer the Diploma in Business Management.

DIPLOMA IN BUSINESS MANAGEMENT

SAQA Qualification ID 84906

NQF Level 6

Total Credits 360

Duration of qualification 3 years full-time

Mode of delivery Contact (face to face)

Accreditation Status Accredited by the Council on Higher Education

PURPOSE OF THE QUALIFICATION

The business sector in South Africa has a great demand for people who can combine ideas and skills to further innovation and enterprise. The program has a strong financial and managerial approach, thus developing the quantitative abilities of the student. Students will therefore develop strong management and financial decision-making skills that are needed not only in South Africa but also in all international markets. Students will gain valuable knowledge in the grounding of economics, project management and research methodology. Computer technology is very important in any business environment today. We therefore equip our students with the latest computer skills and knowledge. This will include software programs like Pastel Accounting and Pastel Payroll.

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FACULTY BUSINESS

PROGRAM LAYOUT

Year 1

Year 2

SUBJECT TITLE COMPONENT NQF LEVEL

CREDITS SUBJECT CODE

PRE-REQUISITE

Accounting for Financial Decision-Making

Core 5 25 BA13 A student must pass this module to continue with Financial Management (FM22) in Year 2

Entrepreneurship Core 5 15 FE12 None

Business Communication Core 5 15 BC12 None

Information Administration Systems

Core 5 15 IS12 None

Business Marketing Core 5 20 MM12 None

Business Management Core 5 15 BM12 None

Administrative Management Core 5 15 AM12 None

Sub-Total 120

SUBJECT TITLE COMPONENT NQF LEVEL

CREDITS SUBJECT CODE

PRE-REQUISITE

Entrepreneurship

Ventures & Venturing Core 6 15 EN22

Financial Management Core 6 20 FM22

A student must pass this module to continue with Financial Management (FMD32) in Year 3

Organizational Behaviour Core 6 15 OB22 None

Business Management

Global Business Core 6 20 BM22

None

Information Administration Systems

Pastel Intermediate

Core 6 15 IS22

None

Administrative Management Core 6 15 AM22 None

Strategic Management Core 6 20 SM22 None

Sub-Total 120

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FACULTY BUSINESS

Year 3

SUBJECT LAYOUT

Year 1

SUBJECT 1: ENTREPRENEURSHIP This subject introduces the student to the entrepreneurial world and creates a platform for more advanced studies in this field. Students will explore the unique characteristics of the ‘Entrepreneur’ as an individual who seizes opportunities to develop new products and services which satisfy the multiple needs of consumers with limited resources. Specific techniques for releasing creativity in the development and growth of new business ventures will be presented in practical terms. The differences between concepts such as: ‘Entrepreneurship and Intrapreneurship’; ‘creativity and innovation’; ‘feasibility’ and ‘viability’, will also be explained with the aim to sensitise students for business opportunities even within existing and well established business environments. This subject finally introduces the student to the requirements of a structured ‘mini-business plan’. The role of women as emerging entrepreneurs is also highlighted, accompanied with base-line knowledge of the advantages and disadvantages of the existing legal business forms available to entrepreneurs in South Africa. SUBJECT 2: BUSINESS COMMUNICATION This subject will equip students with the necessary knowledge and skills to understand and apply key concepts in effective verbal and non-verbal communication within the business work environment. Attention is paid to the nature and dimensions of verbal and non-verbal communication, as well as internal and external communication within organisational structures. SUBJECT 3: INFORMATION ADMINISTRATION SYSTEMS This is a generic subject. It was originally developed for potential employees in the business or public services sector. The trend in business today is to computerize business tasks such as administration, accounting, information systems, communication, marketing etc in all fields of work. Basic computer literacy is a prerequisite for any learning program in the ICT field. SUBJECT 4: BUSINESS MANAGEMENT This subject introduces the student to the business world and key processes for effective business management. In particular, attention is paid to the underpinning theory and concepts of business management, management principles, and related processes, aspects of functional management with integration with contemporary management issues such as globalisation, knowledge management and productivity.

SUBJECT 5: BUSINESS MARKETING This subject introduces students to the fundamental concepts and principles that underpin the marketing process. In particular, it gives a concise and contemporary overview of marketing, and examines the role and practice of marketing within the changing business environment, the marketing process, segmentation, targeting and positioning, and the extended marketing mix, as well as different marketing segments and contexts.

SUBJECT 6: ADMINISTRATIVE MANAGEMENT This subject equips the student with knowledge about information management to able students to manage the information needs of the organization so that timely, relevant and accurate information is available to managers at all levels so that they can make meaningful decisions. In particular, attention is paid to the role and support functions of administrative management within an organisation, information systems and the management of information, the office environment, as well as visual presentation of information.

SUBJECT TITLE COMPONENT NQF LEVEL

CREDITS SUBJECT CODE

PRE-REQUISITE

Financial Management

(includes Pastel Adv/Pastel Payroll)

Core 6 25 FMD32

None

Strategic Management Core 6 20 SMD32 None

Business Management

Entrepreneurial Planning Core 6 15 END32

None

Business Legal Practice Core 6 25 BLD32 None

Work-integrated Learning Core 6 35 WI33 None

Sub-Total 120

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FACULTY BUSINESS

SUBJECT 7: ACCOUNTING FOR FINANCIAL DECISION-MAKING This subject serves as a foundation to more advanced studies in bookkeeping and accounting. It provides the student with an orientation to core concepts, principles and processes, starting with a brief revisit to the different types of businesses combined with the basic concepts and principles of financial accounting. In particular, attention is paid to source documents and banking procedures, the double-entry system, payment and receipt transactions, credit sales and purchase transactions, as well as elementary year-end procedures

Year 2

SUBJECT 1: INFORMATION ADMINISTRATION SYSTEMS

(PASTEL ACCOUNTING) This subject builds on Information Administration Systems 22. It equips the student with knowledge on application of computerised accounting systems. In particular, attention is paid to PC utilities to perform accounting tasks, create customer and supplier accounts, create and operate inventories, as well as process orders, record and process invoices.

SUBJECT 2: ADMINISTRATIVE MANAGEMENT The aim of this subject is to enable students to manage the information needs of the organization so that timely, relevant and accurate information is available to managers at all levels so that they can make meaningful decisions. It also equips the student with knowledge and insights into information management, productivity, problem solving and decision-making, managing cultural diversity as well as business ethics.

SUBJECT 3: ORGANISATIONAL BEHAVIOUR This subject equips the student with knowledge on the complex context in which organisations in South African operate. In particular, attention is paid to organisational structure and culture, common approaches to management and leadership, motivational theories as well as working with others, including teamwork and group dynamics.

SUBJECT 4: ENTREPRENEURSHIP (ENTREPRENEURIAL VENTURES & VENTURING) This subject builds on knowledge acquired in Entrepreneurship 1, and prepares candidates that prefer the route of potential owners of a business enterprise. This subject will thus equip the candidate with an in-depth understanding of requirements to ensure success in establishing and running a new business venture. The candidate will develop the ability to evaluate different entrepreneurial business plans, using critical thinking skills such as analysis and evaluation combined with predetermined evaluation criteria.

SUBJECT 5: STRATEGIC MANAGEMENT The aim of this subject is to enable students to understand strategic analysis, choice and the implementation structure. It equips the student with knowledge to apply and evaluate analytical tools in the development of strategic plans and strategies. An organization needs a reference point for decision making, which can be provided by the strategy and the planning process involved in designing the strategy.

SUBJECT 6: FINANCIAL MANAGEMENT This subject builds on Accounting for Financial Decision Making (BA13). In particular, attention is paid to financial institutions, securities, markets, interest rates, taxes and dividends, time value of money, as well as short term financial decisions. SUBJECT 7: BUSINESS MANAGEMENT 2 (GLOBAL BUSINESS) This subject introduces the student to the business world and key processes for effective business management. In particular, attention is paid to the underpinning concepts of business management, related processes, management principles, and basic management tasks, aspects of functional management such as marketing, financial management and public relations, as well as contemporary management issues such as globalisation, knowledge management and productivity.

Year 3

SUBJECT 1: BUSINESS LEGAL PRACTICE This subject will equip the student with knowledge about a variety of legal issues applicable to business management. It sets the foundation for business management practice that complies with relevant laws of the country. In particular, attention is paid to the legal system in South Africa, the Law of Contract, types of contracts and related formalities, the National Credit Act, leases and functions, business enterprises, the Law of Trust, creation, office, the administration of Trust, Trust beneficiaries, as well as revocation and termination of the Trust.

SUBJECT 2: STRATEGIC MANAGEMENT This subject builds on Strategic Management 2 and will equip students with in-depth knowledge of key issues in strategic management, including the business model, environmental analysis, strategic positioning, and dynamics of competitors, culture and international strategy. It will also develop the ability to integrate the knowledge previously acquired in a holistic manner.

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FACULTY BUSINESS

SUBJECT 3: FINANCIAL MANAGEMENT This subject builds on knowledge acquired in Bookkeeping and Accounting 222. In particular, attention is paid to an introduction to cost and management accounting, valuation and allocation of inventories and overheads, the manufacturing of accounts, budgeting and standard costing, an introduction to financial management, as well as accounting ethics.

SUBJECT 4: INFORMATION ADMINISTRATION SYSTEMS

(ADVANCED PASTEL COMPUTERIZED PAYROLL SYSTEM)

(ADVANCED FUNCTIONS OF A COMPUTERIZED ACCOUNTING SYSTEM) This subject builds on Information Administration Systems 1 and 2. It consists of two parts. Section 1 deals with aspects of the computerised payroll system such as setting up transactions, creating bank and branch codes, pay points, job and cost centre codes, and creating employee data and process pay slips. Section 2 deals with advanced functions of a computerized accounting system such as advanced functions in the general ledger, advanced customer functions and using “Bank Manager” option to process cash books. SUBJECT 5: BUSINESS MANAGEMENT (ENTREPRENEURIAL PLANNING) This subject will equip the candidate with an in-depth understanding of a functional entrepreneurial business plan. The candidate will acquire detailed knowledge of the vital requirements of a well structured business plan. Such “ingredients” include the proposed products and/or services, the marketing plan, required infrastructure/facilities, and the management plan. Apart from that, attention will be paid to required financial matters, including the financial plan, start-up capital, projected income, projected balance sheet, projected cash flow statement, and projected capital equipment. This subject also covers ways in which sources such as the Internet can be used to compile business plans, the selection of a specific plan, and modification of a chosen plan to suit personal needs (customising). The candidate will also acquire advanced knowledge of the required documentation related to a business plan, including the presentation thereof by way of a structured document containing all vital information. Finally, the candidate will develop the ability to evaluate different entrepreneurial business plans, using critical thinking skills such as analysis and evaluation combined with evaluation criteria. SUBJECT 6: WORK-INTEGRATED LEARNING Work-integrated learning (also called internship or professional practicum) happens in your final year of study. It involves learning through placement at a company for the purpose of gaining hands-on experience through executing actual tasks and assignments (e.g. business environment)

Work-integrated learning is structured around a clear purpose, performance (outcome) targets and procedures in collaboration with the employer and lecturer(s) concerned. It provides students with an opportunity to acquire first-hand experience of the world of work in the industry concerned. Students should acquire an in-depth knowledge of workplace practices as well as a broad knowledge and understanding of how the host organisation operates. They should develop competencies that are impossible or highly unlikely in the classroom environment, for instance the ability to deal with challenges and problems within context of the workplace itself. They will also develop the ability to integrate knowledge and skills across all program subjects at practical level.

CAREER OPPORTUNITIES Students can be employed in the following career fields:

Business Ventures

Sales and Marketing

Project Manager

Junior Business Analyst

Debt Manager

Business Administration

Administrative Manager

Management Consultant

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FACULTY BUSINESS

2016 ACADEMIC CALENDAR

2016 Term dates

Bellville Campus

25 January 2016 to 7 December 2016

TERM TERM STARTS TERM ENDS

1 25 January 2016 18 March 2016

2 5 April 2016 24 June 2016

3 18 July 2016 30 September 2016

4 10 October 2016 7 December 2016

BEFORE YOU APPLY

Before you apply to study at any higher education institution, make sure that the programme as well as the institution itself is credible.

Amongst other things, ask for proof of “accreditation.” It means that the institution as well as a certain programme/qualification is

acknowledged as meeting high standards. The Department of Higher Education and Training annually issues a certificate to every

higher education institution specifying the list of qualifications that the institution is allowed to offer. For this reason, ask the SAQA ID

Number of the qualification you are interested in.

It is important to use to match your interests and needs. You should choose the programme of study that is right for you. As much as

we want to make sure you are a good fit for Prestige Academy, we want to make sure you feel the same. We would recommend that

all applicants visit the campus and request an interview. This has another purpose. Visiting our campus is your opportunity to really get

a feeling of the vibe at Prestige Academy. Alternatively, the Open Days and Winter Workshops are most suitable for this exploration.

ADMISSION REQUIREMENTS (SA CITIZENS)

The minimum admission requirements is a National Senior Certificate (NSC) with a minimum of 30 – 39% in the language of learning

and teaching of the institution (in our case it is English) coupled with an achievement rating of 3, 40-49% or better in four recognised

subjects.

ADMISSION REQUIREMENTS (INTERNATIONAL STUDENTS)

Applicants from abroad, eg Namibia have to comply with the above admission requirements. The school grading system used in other countries is “translated” to match the South African system. The following table indicates requirements for Foreign Qualifications for entry into Higher Certificate, Advanced Certificate and Diploma studies:

Total Subjects

(Including

English or

mother tongue

as First

Language)

Lower Higher

Level Ordinary/IGCSE AS HIGCSE SC (HG) Advanced

Grades A-E/1-8 A-C/1-6 A-E 1-3 A-E A-E

Senior Certificate

(without

matriculation

exemption)

4 3 1

6 5 1

5 3 2

7 5 2

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FACULTY BUSINESS

Higher Level

1= 75% - 100%

2 = 60% - 74%

3 = 55% - 59%

4 = 45% - 54%

U = ungraded

Ordinary Level

A* = 80% - 100%

(candidates with this

grade should have

written the HIGCSE

paper)

A = 65% - 79%

B = 55% - 64%

C - 45% - 54%

LANGUAGE POLICY

All lectures and courseware are presented in English as this is globally the primary language of communication.

ASSESSMENT

All students shall be sufficiently informed about all aspects of assessments applicable to the different subjects they have registered for (refer to study guides). Vital information to be issued to students include the pass requirements, the learning outcomes, the required standards of performance (assessment criteria) as well as the methods, delivery dates of assignment, the evidence of the learning process and/or product, assessment results as well as evidence of feedback.

Prestige Academy follows a system of a combination of criterion-referenced assessment (assessment against measurable criteria), rather than only measuring achievement against the marks of the best candidate in class or any other type of subjective indicators. In all cases assessment shall comply with universal principals, including:

appropriateness,

validity,

reliability,

fairness,

sufficiency,

authenticity,

consistency, and

feasibility

Assessment shall be treated as an integrated and vital part of the education and training system. This implies amongst other that assessment will be done throughout teaching and learning, rather than at the end of a subject only. To ensure sufficient proof a student’s competence after completion of a programme, all members of academic staff shall use a combination of formative assessments (conducting assessment at any time during the delivery of a subject) and summative assessment (conducted at the end of a subject) by way of a practical and/or theoretical examination. The students will receive a study guide per subject on Moodle and the Intranet that will indicate assessment layout. The results of both formative and summative assessments shall count towards the final progress mark. Students who fail to hand in assignments, write class tests and formal tests, will jeopardise the final mark obtained for the subject. The student will be allowed to write the examination whether or not he/she has handed in assignments, wrote class tests and formal tests, but such a student will not merely pass because he/she passed the examination only.

CERTIFICATION RULES

All subjects in the programme are compulsory and therefore a student must successfully complete all subjects in the programme to be awarded a degree. There may be pre-requisite subjects to advance to a next level (e.g. moving from year 1 to year 2).

The primary indicator of competence is the achievement of 50% in the summative assessment and an overall 50% for each individual subject (this includes the assessment of all relevant learning outcomes). It is therefore evident that students must hand in all assignments, write all class and formal tests as well as write the examination.

NSSC NSSC CAMBRIDGE CAMBRIDGESENIOR

CERTIFICATE

SENIOR

CERTIFICATEGCE GCE

POINTSHIGHER

LEVEL

ORDINARY

LEVELHIGCSE IGCSE HG SG A-LEVEL O-LEVEL

10 A

9 1 1 A B

8 2 A* 2 A* B C

7 3 A 3 A C A D A

6 4 B 4 B D B E B

5 C C E CN OR O OR

SUBSIDIARYC

4 D D F D D

3 E E E E

2 F F F F

1 G G G

IEB Rating/SA Rating

Percentage Rating Code

80 - 100 7

70 - 79 6

60 - 69 5

50 - 59 4

40 - 49 3

30 - 39 2

0 - 29 1

ACE Conversion Table

AVERAGE

%

SYMBOL LEVEL

96-100 A 7

92-95 B 6

88-91 C 5

84-87 D 4

80-83 E 3

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FACULTY BUSINESS

Grading of final achievement shall be based on a calculated value of the combination of formative and summative assessment results, and expressed by way of a grade symbol, namely pass, merit, and distinction. The “cut-off” points to determine achievement of a pass, merit or distinction grade for a certificate and diploma programme are as follows: 50-59% a pass, 60-79% a merit, and 80-100% a distinction. In the case of a degree programme, the "cut-off" points will be as follows: pass 50 - 59%, merit 60 - 74% and distinction 75 - 100%. The Certification Board reserves the right to adjust the final grade of a candidate, e.g. as recommended by an external moderator, or after an appeal judgment where all assessment results as well as the class attendance track record of the candidate concerned shall be taken into account.

ASSESSMENT APPEALS

All students have the right to appeal against the results of any assessment, e.g. when a NYA (Not Yet Achieved) grade has been awarded for a particular outcome or assessment criterion in an assignment. Such appeals shall be in writing on the appeal form that can be obtained from the office of the Academic Manager. It must show full identification details (i.e. name of the student, student number, programme enrolled for, relevant subject, and a brief motivation for the appeal. The motivation shall be clear and specific, and preferably refer to the principals of assessment (fairness, sufficiency, etc). The application must be handed in at the office of the Academic Manager, ONLY when the final grade or mark of a subject has been communicated to the candidate. The student shall be given feedback on the outcome of the appeal within fifteen working days.

ACCESS CREDITS

Prestige Academy will facilitate articulation by students to and from other registered institutions by way of the Access Credit

(recognition of prior learning) process. Applicants wishing to transfer from one programme to another may apply for access credit

accumulation and transfer. Credits will only be considered where the completed subjects are of similar outcome, content and

assessment criteria. Students must apply for exemption from such subjects with an official academic record as well as subject outcome

and assessment criteria. No more than 50% of the credits of a completed qualification may be transferred.

CHANGES IN COURSE/SOFTWARE

Prestige Academy reserves the right to modify/change any aspect of a learning programme, including timetables, teaching-learning

methods, assessment, resources such as prescribed textbooks, or discontinue a particular programme or subject within a given

programme, and replace it with a more suitable alternative (e.g. a more up-to-date text book, or computer software) as long as it is to

the benefit of the students concerned in terms of their knowledge gain and ultimate competence.

If a student is in his/her 1st year of study, and subjects change in their 2nd/3rd year of study, the students will automatically follow the

changed syllabus as from the 2nd year.

TRANSFER TO ANOTHER PROGRAM

If a student desires to transfer from one programme or subject to another, he/she must apply in writing to do so within the first 7 days after commencement of classes. This transfer cannot be guaranteed as many factors first have to be taken into consideration. They are:

availability of space in the classroom where the student wants to be transferred to (the new qualification)

the amount of teaching time and work the student has missed out on

portfolio requirements to be adhered to prior to commencement of course

Irrespective of the programme the student is transferring to, a minimum administration fee of R200.00 is payable. The student will also be required to purchase textbooks for the programme they are transferring to. No copies of text books are handed out due to a student not having the correct textbook on time. If textbooks have been ordered and purchased for the original programme the student enrolled for, no refunds will be given on returns. In the case of textbooks to be imported, courier fees are charged and payable to Prestige Academy before the transfer can take place. Additional fees for notes to be printed will be charged. In the case where a student will need extra classes a fee of R300.00 per hour will be levied.

TRANSFER FROM ONE PROGRAMME TO ANOTHER

Students who have been provisionally approved on their interim grade 12/National Senior Certificate marks to study towards e.g. a Diploma and do not meet these requirements after the final grade 12 marks are published, will be transferred to a lower level, e.g. a Certificate (if available) or the student can select an alternative qualification. The availability of physical class space applies. Should your grade 12 results meet the admission requirements of the qualification enrolled for, your registration status will automatically change from provisionally to unconditional acceptance

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FACULTY BUSINESS

SPECIAL LEARNING NEEDS

Students are allowed to apply for amanuensis assessments to accommodate special learning needs due to some or other permanent impairment such as dyslexia, reading abilities, etc. or temporary impairment, e.g. broken arm. They must apply in writing by completing the special learning needs application form. Students are required to apply before commencement of the programme (no later than the second week in February).

Candidates must submit evidence such as a medical certificate or a report from a psychologist/physio therapist/ occupational therapist together with the registration form for application to be treated as a student with special learning needs. No late applications shall be considered. The details in the completed application form shall state the reason(s) for the application, together with the desired special arrangement e.g. additional time for writing formative (test) and summative (examination) papers.

The Rector and Academic Manager will evaluate each application on merit based on the motivation and evidence submitted. Management reserves the right to request additional motivation and evidence, and not allow any special arrangements of this nature because of the lack of adequate motivation or circumstantial evidence.

The nature of special arrangements shall be appropriate for the needs and circumstances of the applicant. It may include additional time for written assessments, a transcriber or oral assessment instead of the usual written assessment because of conditions such as dyslexia, reading abilities, etc.

In the event of acquiring the services of an external invigilator (for purpose of reading and transcribing an examination paper), the cost per hour will be for the student’s account. This Information is available from the Academic manager.

A student whose application for amanuensis assessment has been approved will receive 15 minutes per hour additional time.

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FACULTY BUSINESS

2016 TUITION FEES: (SOUTH AFRICA AND INTERNATIONAL APPLICANTS) Prestige Academy (Pty) Ltd does not discriminate between SA and international students with regards to tuition fees. International

students will therefore pay exactly the same fees as any other SA student. Fees quoted are for the 1st year of studies at Bellville

Campus.

Payment Option 1 – Full Settlement 1 March 2015 till 15 September 2015

Pay Registration fee of R1500 when handing in your registration form.

Pay settlement of course fee of R30016.25 on/before 15 September 2015.

(The full annual course fee is R32450.00. You will receive a discount of R2433.75)

Additional Expenses:

Pay student pack fee of R1400.00 on 1 January 2016.

Purchase your textbooks at suppliers – estimated textbook fees R3400.00

Payment Option 2 – Full Settlement 16 September 2015 till 15 November 2015

Pay Registration fee of R1500 when handing in your registration form.

Pay settlement of course fee of R30827.50 on/before 15 November 2015.

(The full annual course fee is R32450.00. You will receive a discount of R1622.50)

Additional Expenses:

Pay student pack fee of R1400.00 on 1 January 2016.

Purchase your textbooks at suppliers – estimated textbook fees R3400.00

Payment Option 3 – Full Settlement 16 November 2015 till 15 January 2016

Pay Registration fee of R1500 when handing in your registration form.

Pay deposit of R7000.00 on/before 15 November 2015.

Pay settlement of balance of course fee of R24638.75 on/before 15 January 2016.

(The full annual course fee is R32450.00. You will receive a discount of R811.25)

Additional Expenses:

Pay student pack fee of R1400.00 on 1 January 2016.

Purchase your textbooks at suppliers – estimated textbook fees R3400.00

Payment Option 4 – Incidental Credit (Instalments over 10 months)

Pay Registration fee of R1500 when handing in your registration form.

Pay deposit of R7000.00 on/before 15 November 2015.

Pay 1st

instalment of R2759.65 on 1 January 2016 and 10th

instalment on 1 October 2016.

(Annual interest of R2146.50 is included in this instalment amount)

Additional Expenses:

Pay student pack fee of R1400.00 on 1 January 2016.

Purchase your textbooks at suppliers – estimated textbook fees R3400.00

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FACULTY BUSINESS

TEXTBOOKS

No textbooks are included in the tuition fees. Estimated textbook amounts are quoted above. It is the sole responsibility of the

student to purchase these books before the programme delivery commences. The student will receive the booklist in advance. It is

the responsibility of the student to ensure that he/she purchases the correct book and correct version (eg edition 2).

REFUNDS AND CANCELLATIONS

A cooling-off period of 7 days will be granted from date of registration to cancel the course. If the registration takes place after

15 January 2016 the registration is final and no cooling off period is valid, and the full academic year's fees are payable in case of no

show or cancellation.

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14

FACULTY BUSINESS

2016 HOSTEL (ACCOMMODATION) FEES: SOUTH AFRICA AND INTERNATIONAL APPLICANTS

This hostel application form needs to be handed in together with your course registration form. Due to the high demand for hostel

accommodation, hostel registrations close on 15 September 2015.

Further steps after we received this hostel registration form and R1000.00 HOSTEL non-refundable administration/registration fee:

We will contact you telephonically to inform you of the acceptance or non-acceptance of the application. You will receive an

acceptance certificate via post/e-mail if your application has been successful.

If you wish to make use of a bank loan, you need to proceed with your application at the financial institution of your choice by

handing in the course and hostel registration certificate.

FEES DELUXE ROOM: 1 PERSON PER ROOM Non-refundable administration/registration fee (Payable with application) R 1000.00 Refundable breakage fee (Payable 1 January 2016) R 500.00 Annual fee per person R 39000.00 Payment Option 1:

Pay non-refundable administration/registration fee (Payable with application) R 1000.00

Pay refundable breakage fee by 1 January 2016 R 500.00

Pay settlement amount of hostel before 15 November 2015 in full (2.5% discount of R975.00 deducted) R 38025.00

No discount if full settlement takes place hereafter. Payment Option 2:

Pay non-refundable administration/registration fee (Payable with application) R 1000.00

Pay refundable breakage fee by 1 January 2016 R 500.00

Pay balance over 11 months (1 January 2016 till 1 November 2016) R 3545.45

(per month x 11 months)

Additional fee (not compulsory):

Shuttle per annum R 2850.00

Or 10 instalments (1st 1 February – last 1 November) R 285.00 per month

Fridge per annum R 500.00

Or 10 instalments (1st 1 February – last 1 November) R 50.00 per month

Remote control fee (only students with approved parking) R 180.00 once only

FEES LEISURE ROOM: 2 PERSONS PER ROOM Pay non-refundable administration/registration fee (Payable with application) R 1000.00

Pay refundable breakage fee by 1 January 2016 R 500.00

Annual fee per person R 32200.00 Payment Option 1:

Pay non-refundable administration/registration fee (Payable with application) R 1000.00

Pay refundable breakage fee by 1 January 2016 R 500.00

Pay settlement amount of hostel before 15 November 2015 in full (2.5% discount of R805.00 deducted) R 31395.00

No discount if full settlement takes place hereafter.

Page 15: 2016 Student Prospectus€¦ · The program has a strong financial and managerial approach, thus developing the quantitative abilities of the student. Students will therefore develop

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FACULTY BUSINESS

Payment Option 2:

Pay non-refundable administration/registration fee (Payable with application) R 1000.00

Pay refundable breakage fee by 1 January 2016 R 500.00

Pay over 11 months (1 January 2016 till 1 November 2016) R 2927.27

(per month x 11 months)

Additional fee (not compulsory):

Shuttle per annum R 2850.00

Or 10 instalments (1st 1 February – last 1 November) R 285.00 per month

Fridge per annum R 500.00

Or 10 instalments (1st 1 February – last 1 November) R 50.00 per month

Remote control fee (only students with approved parking) R 180.00 once only