BCom Econometrics

BCom (Econometrics) is a three-year full-time programme in which students are introduced to economic theory, economic policy and the statistical theory underpinning empirical analysis which is more commonly referred to as econometrics. The core modules for specialisation in econometrics are economics, mathematical statistics and mathematics. Econometrics is the measurement and quantitative analysis of actual economic and business phenomena. For the professional, econometrics is a fascinating subject that provides for the measurement and analysis of economic phenomena and the forecasting of future economic trends. Econometrics is primarily applied in the quantification and validation of economic theory as well as the analysis of real-world transactions associated with human behaviour. The discipline is relevant to public policy including health education, transportation, housing and environmental protection. The tools and results can also be applied to other disciplines, especially in the social sciences such as history, political science, sociology and psychology. Graduates are employed as analysts, consultants, researchers and traders in both the private and public sectors. The government, the South African Reserve Bank, private and commercial banks and leading local and international stockbrokers and consultancies employ graduates in econometrics. Students are strongly advised to proceed with postgraduate studies.
 
Have you ever wondered why we have firms? Possibly not, but do you wonder why bank charges are what they are, or why cellphone and data charges are what they are? Maybe, instead, you have wondered why queues at public clinics are so long? Maybe you wonder if a tax on sugar will reduce diabetes or you would like to know how high the price of soft drinks would have to be to reduce diabetes? Most probably, you have wondered why so many South Africans are unemployed? Or, more practically, what can be done so that more South Africans can find jobs? Asking and answering abstract and practical questions such as the above are the hallmark of economic science.
 
However, offering answers to some of these questions may require further insight. For instance, how much higher must we make the price of soft drinks to reduce diabetes by 20%? Additional understanding can be gained via the collection and examination of evidence, which leads us to econometrics. Econometrics is the foundation underpinning evidentiary analysis.

For more information, please consult the Faculty webpage.

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Career Opportunities

Econometricians are employed by government, the central bank, private and commercial banks, leading stockbrokers and consultancies, both locally and internationally. Positions include analysts, consultants, researchers, traders or brokers, and academics. The work mostly entails statistical analysis (forecasting, structural and policy analysis) of economic and financial markets and interrelationships.


Programme Code

07130012


Closing Dates

  • SA – 30/09/2019
  • Non-SA – 14/08/2019

Admission Requirements

  • The following persons will be considered for admission: candidates who are in possession of a certificate that is deemed by the University to be equivalent to the required Grade 12 certificate with university endorsement; candidates who are graduates from another tertiary institution or have been granted the status of a graduate of such an institution; and candidates who are graduates of another faculty at the University of Pretoria.
  • Life Orientation is excluded when calculating the APS.

Minimum requirements

Achievement level

English Home Language or English First Additional Language

Mathematics

APS

NSC/IEB

AS Level

NSC/IEB

AS Level

5

C

6

B

32

* Cambridge A level candidates who obtained at least a D in the required subjects, will be considered for admission. International Baccalaureate (IB) HL candidates who obtained at least a 4 in the required subjects, will be considered for admission.


Duration of study

3 years, full-time.


Faculty Notes

The Faculty of Economic and Management Sciences aspires to be at the cutting edge of economic, financial and management education, as well as research and community engagement within the national, African and global context. Our mission is to advance relevant knowledge and develop employable, innovative and diverse graduates to co-create value for society.


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