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SAQA All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.
SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED QUALIFICATION: 

Master of Science in Computational Finance 
SAQA QUAL ID QUALIFICATION TITLE
22394  Master of Science in Computational Finance 
ORIGINATOR
University of the Western Cape 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY NQF SUB-FRAMEWORK
CHE - Council on Higher Education  HEQSF - Higher Education Qualifications Sub-framework 
QUALIFICATION TYPE FIELD SUBFIELD
Master's Degree  Field 03 - Business, Commerce and Management Studies  Finance, Economics and Accounting 
ABET BAND MINIMUM CREDITS PRE-2009 NQF LEVEL NQF LEVEL QUAL CLASS
Undefined  180  Level 8 and above  NQF Level 09  Regular-Provider-ELOAC 
REGISTRATION STATUS SAQA DECISION NUMBER REGISTRATION START DATE REGISTRATION END DATE
Registered-data under construction  EXCO 0324/24  2024-07-01  2027-06-30 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2028-06-30   2031-06-30  

Registered-data under construction

The qualification content is currently being updated for the qualifications with the status “Registered-data under construction” or showing “DETAILS UNDER CONSTRUCTION” to ensure compliance with SAQA’S Policy and Criteria for the registration of qualifications and part-qualifications on the National Qualifications Framework (NQF) (As amended, 2022). These qualifications are re-registered until 30 June 2027 and can legitimately be offered by the institutions to which they are registered.

 

In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise.  

PURPOSE AND RATIONALE OF THE QUALIFICATION 
The qualification aims to:
  • Provides learners with a solid foundation in the fundamentals of the areas needed to work in a quantitative financial environment as it presently exists.
  • Provide learners with high level skills and conceptual frameworks required to effectively deal with the rapidly changing and increasingly complex issues underlying the business decisions of tomorrow.
  • Equip learners with the background to understand and make use of the many opportunities for computational finance in investment banking, commercial banking, money management, insurance and corporate finance. 
    		•

    LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    Recognition of Prior Learning (RPL):
    The institution conducts RPL in terms of the policy and guidelines of the institution to recognise other forms of formal, informal and non-formal learning and experience. In cases where learners do not comply with the formal admission requirements, the institution applies its RPL policy.

    Entry Requirements:
    The minimum entry requirement for this qualification is:
  • Bachelor of Science Honours in Computational Finance, NQF Level 8. 
    		•

    RECOGNISE PREVIOUS LEARNING? 
    Y 

    EXIT LEVEL OUTCOMES 
    1. Identify and solve problems in which responses display that responsible decision, using critical and creative thinking, has been made.
    2. Work effectively with others as a member of a team, group organisation, community.
    3. Organise and manage oneself and one's activities responsibly and effectively.
    4. Collect, analyse, organise and critically evaluating information.
    5. Communicate effectively, using visual mathematical and written persuasion.
    6. Use science and technology effectively and critically, showing responsibility towards others.
    7. Demonstrate understanding of the world as a set of related systems by recognising that problem-solving contexts do not exist in isolation.
    8. Demonstrate awareness of the importance to:
  • Reflect on and exploring a variety of strategies to learn more effectively.
  • Participate as responsible citizens in the life of local, national and global communities.
  • Be culturally and aesthetically sensitive across a range of social contexts.
  • Explore education and career opportunities, and
  • Develop entrepreneurial opportunities. 
    		•

    ASSOCIATED ASSESSMENT CRITERIA 
    The following associated assessment criteria apply across all Exit Level Outcomes:
  • Show evidence of general and specific knowledge acquired during the programme.
  • Exhibit capacity for original thought.
  • Communicate their learning both orally and in writing.
  • Exhibit evidence of computer skills.

    Integrated Assessment:
    A formal assessment of the competence of the learner will be carried out at each examination session and an analysis of the results will be carried out. The assessment will be aimed at determining that the learner has achieved the requisite knowledge required at this level, as well as the ability to use and apply specific skills obtained in the qualification.

    Other assessment methods might include a review of a written research project as well as a review of oral presentations and other activities aimed at the professional development of the learners. 
    		•

    INTERNATIONAL COMPARABILITY 
    This qualification compares with the following international qualifications in terms of the range of competencies in the learning content offered. 

    ARTICULATION OPTIONS 
    This qualification offers both possibilities of horizontal and vertical articulation.

    Horizontal Articulation:
  • Master of Science in Computer Science, NQF Level 9.

    Vertical Articulation:
  • Doctor of Commerce in Actuarial Science, NQF Level 10. 
    		•

    MODERATION OPTIONS 
    N/A 

    CRITERIA FOR THE REGISTRATION OF ASSESSORS 
    N/A 

    REREGISTRATION HISTORY 
    As per the SAQA Board decision/s at that time, this qualification was Reregistered in 2006; 2009; 2012; 2015. 

    NOTES 
    N/A 

    LEARNING PROGRAMMES RECORDED AGAINST THIS QUALIFICATION: 
     
    NONE 


    PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS QUALIFICATION: 
    This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here.
     
    1. University of the Western Cape 


    All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.