BYE-LAWS FOR THE DEGREES OF BACHELOR OF COMMERCE - B.COM. - AND BACHELOR OF COMMERCE (HONOURS) - B.COM. (HONS) -

BACHELOR OF COMMERCE (HONOURS) - B.COM.

(HONS)

SUBSIDIARY LEGISLATION 327.638

BYE-LAWS FOR THE DEGREES OF BACHELOR OF

COMMERCE - B.COM. - AND BACHELOR OF

COMMERCE (HONOURS) - B.COM. (HONS) -

UNDER THE AUSPICES OF THE FACULTY OF

ECONOMICS, MANAGEMENT AND

ACCOUNTANCY *

5th November, 2019

LEGAL NOTICE 290 of 2019, as amended by Legal Notice 297 and 344 of

2022.

(1)

These bye-laws may be cited as the Bye-Laws for

the degrees of Bachelor of Commerce - B.Com. - and Bachelor of

Commerce (Honours) - B.Com. (Hons) - under the auspices of the

Faculty of Economics, Management and Accountancy.

(2)

In these bye-laws, unless the context otherwise requires -

“the Board” means the Board of the Faculty of Economics,

Management and Accountancy;

“the Course” means the programme of study leading to the

degree of Bachelor of Commerce - B.Com. - or the degree of

Bachelor of Commerce (Honours) - B.Com. (Hons) - as appropriate;

“the Degree” means the degree of Bachelor of Commerce -

B.Com.;

“the Higher Diploma” means the Higher Diploma in Commerce

- H.Dip.;

“the Honours Degree” means the degree of Bachelor of

Commerce (Honours) - B.Com. (Hons); and

“the Principal Regulations” means the General Regulations for

University Undergraduate Awards, 2004.

These bye-laws shall be

applicable

for

courses

commencing in October 2019 or later.

(1)

The Degree is awarded in Commerce as a single

Main Area of Study with two of the following areas of specialization

Accountancy, Banking and Finance, Economics, Insurance,

Business and Enterprise Management, Marketing, Public Policy, and

any other area approved by Senate on the recommendation of the

*These regulations have been repealed by Legal Notice 236 of 2023.

BACHELOR OF COMMERCE (HONOURS) - B.COM.

(HONS)

Board.

(2)

The Honours Degree is awarded in Commerce as a Main

Honours Area of Study with one of the following areas of

specialization

Banking and Finance, or any other area approved by Senate on the

recommendation of the Board.

(3)

The areas of study offered in any particular year and the

permissible combinations of areas of study shall be published by the

Board before the commencement of each Course, provided that in

any year, combinations of areas of study shall be offered depending

on the availability of resources and the number of applicants who

choose them.

(1)

To be registered as regular students in the Course,

applicants shall satisfy the general requirements for admission as

specified in the Admissions Regulations, and be in possession of a

pass at Intermediate Matriculation Level in Pure Mathematics,

provided that applicants wishing to choose Accountancy

as an area of specialization in Year 2 of the Course must also be in

possession of a pass at Advanced Matriculation Level in Accounting

at the time of applying for the Course.

(2)

Applicants wishing to choose ‘Banking and Finance’ as

one of the two areas of specialization in Year 2 of the Course may

also be admitted into the Course if they are in possession of either (i)

the Certificate in Banking of the Chartered Institute of Bankers

(comprising six subjects) and a pass at Intermediate Matriculation

Level in Pure Mathematics; or (ii) the Advanced Diploma in

Financial Services offered by MCAST together with a pass at

Intermediate Matriculation Level in Pure Mathematics; or (iii) any

other qualifications deemed relevant by the Board together with a

pass at Intermediate Matriculation Level in Pure Mathematics,

provided that the qualifications comprise not less than 120 ECTS

credits and are offered at MQF level 4 or higher.

(3)

Applicants wishing to choose 'Insurance' as an area of

specialization in Year 2 of the Course may also be admitted into the

Course if they are in possession of (i) the Certificate in Insurance of

the Chartered Institute of Insurance and a pass at Intermediate

Matriculation Level in Pure Mathematics; or (ii) the Advanced

Diploma in Insurance offered by MCAST and a pass at Intermediate

Matriculation Level in Pure Mathematics; or (iii) the International

Certificate in Enterprise Risk Management of the Institute of Risk

Management and a pass at Intermediate Matriculation Level in Pure

Mathematics; or (iv) the Certificate in Risk Management in Financial

BACHELOR OF COMMERCE (HONOURS) - B.COM.

(HONS)

Services of the Institute of Risk Management and a pass at

Intermediate Matriculation Level in Pure Mathematics,

provided that applicants wishing to choose ‘Banking and

Finance’ as the other main area of specialization in Year 2, may also

be admitted if they satisfy the requirements in paragraph (2) of this

bye-law.

(4)

Applicants in possession of the Diploma in Commerce

awarded by the University of Malta may be allowed by the Board to

transfer these credits to the second year of the Course, provided that

such applicants shall only be allowed to choose ‘Economics’ and

‘Business and Enterprise Management’ as the two areas of

specialization. The number of credits so transferred shall not exceed 60

ECTS credits.

(1)

The Course for the Degree shall extend over a

period of three years of full-time study or five years of part-time

study.

(2)

The Course for the Honours Degree shall extend over one

year of full-time study or two years of part-time study, beyond the

Degree Course.

The programme of study for the Degree course shall consist

of study-units to which 180 ECTS credits are assigned.

(1)

Students shall be required to choose two areas of

specialization from the areas specified in paragraph (1) of bye-law 3 as

indicated in the programme of study for the Course.

(2)

Subject to changes that the Board may, with the approval of

Senate, be constrained to make, students are bound to follow the study-

units and obtain the credits as indicated in the course programme and

in the programmes of study of the areas of study they are following for

the Degree and the Honours Degree, provided that course programmes

and programmes of study shall be drawn up in accordance with the

relevant provisions of the Principal Regulations.

(1)

Students who successfully complete study-units to

which 90 ECTS credits are assigned, and who either opt not to

proceed with the Course, or having proceeded do not successfully

complete the Course shall be entitled to the award of the Higher

Diploma.

(2)

Students admitted in terms of paragraph (4) of bye-law 4,

who complete at least 30 ECTS credits in addition to the 60 ECTS

credits transferred from the Diploma in Commerce, and do not

BACHELOR OF COMMERCE (HONOURS) - B.COM.

(HONS)

continue with the Course, or having proceeded do not successfully

complete the Course, shall be eligible for the award of the Higher

Diploma.

Students who obtain the 180 ECTS credits in the

programme for the Degree, and do not proceed to the Honours

Degree, or having proceeded do not successfully complete the

Honours Degree, shall be eligible for the award of the Degree.

Students shall be eligible to register for the Honours Degree

if they have successfully completed the course for the Degree and have

been placed in Category II or better, and have obtained a minimum

average mark of 60% in the study-units in the area of specialization

chosen for the Honours area.

The programme of study for the Honours Degree

comprises study-units in one chosen area of specialization, to which

60 ECTS credits are assigned.

Students shall be eligible for the award of the Honours

Degree if they obtain the 60 ECTS credits as outlined in the

programme of study for the Honours Degree.

The Board shall publish the Course programme of study

and the programmes of study for each area of specialization, drawn

up in accordance with the relevant provisions of the Principal

Regulations, and approved by Senate. Subject to the approval of

Senate, the Board may make any necessary changes to the

programmes of study and to the study-units as required.

(1)

The Final Weighted Average Mark for the

classification of the Degree shall be based on the results obtained in the

three years of the Degree course, all credits being weighted equally.

(2)

The Final Weighted Average Mark for the classification of

the Honours Degree shall be based on the results obtained during the

Course which shall be weighted as follows

Average Mark for the Degree course 60%

Average Mark for the Honours course 40%.

The provisions of the foregoing bye-laws shall apply

mutatis mutandis to courses followed on a part-time basis, and

subject to such changes as may reasonably be deemed by the Board

as necessary due to the part-time nature of the Course.