BYE-LAWS FOR THE DEGREE OF BACHELOR OF COMMERCE - B.COM. - UNDER THE AUSPICES OF THE FACULTY OF ECONOMICS, MANAGEMENT

SUBSIDIARY LEGISLATION 327.705

BYE-LAWS FOR THE DEGREE OF BACHELOR OF

COMMERCE - B.COM. - UNDER THE AUSPICES OF

THE FACULTY OF ECONOMICS, MANAGEMENT

AND ACCOUNTANCY

17th October, 2023

LEGAL NOTICE 236 of 2023, as amended by Legal Notices 117 of 2024

and 114 of 2025.

(1)

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

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

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

B.Com.;

“the Higher Diploma” means the Higher Diploma in Commerce

- H.Dip.; and

“the Principal Regulations” means the General Regulations for

University Undergraduate Awards, 2019.

These bye-laws shall be

applicable

for

courses

commencing in October 2023 or later.

(1)

The Degree shall be offered in two main areas of

study from the following

Accountancy; Banking, Finance and Investments; Economics;

Insurance and Risk Management; Business and Enterprise

Management; Marketing; Policy Studies; Tourism Management and

any other area approved by Senate on the recommendation of the

Board.

(2)

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 one of

the two main areas of study must also be in possession of a pass at

Advanced Matriculation Level in Accounting at the time of applying

for the Course. Applicants who are not in possession of a pass at

Advanced Matriculation Level in Accounting at the time of applying

for the Course but are in possession of another qualification in

Accounting that is deemed to be relevant by the Board, or of two

Advanced Matriculation Level subjects at grade C or better, may also

be considered.

(2) Applicants wishing to choose ‘Banking, Finance, and

Investments’ as one of the two main areas of study may also be

admitted into the Course if they are in possession of a pass at

Intermediate Matriculation Level in Pure Mathematics together with

one of the following qualifications which shall comprise not less than

120 ECTS credits and are offered at MQF Level 4 or higher

(i)

the Certificate in Banking of the Chartered Institute

of Bankers (comprising six subjects); or

(ii)

the Advanced Diploma in Financial Services

offered by MCAST; or

(iii)

any other qualifications deemed relevant by the

Board.

(3)

Applicants wishing to choose ‘Insurance and Risk

Management’ as one of the two main areas of study may also be

admitted into the Course if they are in possession of a pass at

Intermediate Matriculation Level in Pure Mathematics together with

one of the following qualifications

(i)

the Certificate in Insurance of the Chartered

Institute of Insurance; or

(ii)

the Advanced Diploma in Insurance offered by

MCAST; or

(iii)

the International Certificate in Enterprise Risk

Management of the Institute of Risk Management;

or

(iv)

the Certificate in Risk Management in Financial

Services of the Institute of Risk Management,

provided that applicants wishing to choose ‘Banking,

Finance, and Investments’ as the second main area of study may also

be admitted into the Course 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 main areas of

study. The number of credits so transferred shall not exceed 60 ECTS

credits.

The Course for the Degree shall extend over a period of

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

The programme of study for the Course shall consist of

study-units to which 180 ECTS credits are assigned.

(1)

Students shall be required to choose two main areas

of study from those 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 programme of study of the areas of study they

are following for the 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 opt not to

proceed with the Course, or having proceeded do not successfully

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

Diploma.

The Final Weighted Average Mark for the purpose of the

classification of the Degree and the Higher Diploma shall be based

on the results obtained during the Course, all credits being weighted

equally.

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.

The Bye-Laws of 2019 in terms of the General

Regulations for University Undergraduate Awards, 2019 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, published as

Legal Notice 290 of 2019, shall be deemed to cease to be in force as

from the 1st October 2023, provided that students registered for these

courses before the 1st October 2023 shall continue to be governed by

the bye-laws that were in force at the time of their joining the course.