Bachelor of Commerce

This degree programme is aimed at equipping graduates with the knowledge and technical skills necessary to understand and participate in the modern business world. The course also prepares students for subsequent graduate studies and allows them to achieve the highest level of success in their professional careers. Students can specialize in one of the following areas, accounting, taxation or banking & insurance options. At the end of the programme, students should be able to apply relevant knowledge, skills and exercise informed judgment in providing relevant information and advice to individuals and businesses in accounting, taxation, or banking and insurance.

Career Path

On successful completion of this course, candidates should be able to:

  • Prepare financial statements from single and incomplete records while appreciating the use of various methods/or techniques of obtaining missing information
  • Prepare partnership accounts including dissolution of partnerships and formation of limited liability companies from partnerships (the accountant’s role)
  • Appreciate theory and practice of accounting, recognize, measure assets, liabilities, equity interest, income and expenses
  • Appreciate and prepare financial budgets
  • Understand and apply accounting principles, concepts and standards in the preparation of various specialized accounts.
  • Understand the dynamics of issue of shares, account for them and incorporate the effects of issue of shares in the financial statements for companies and then prepare and present financial statements for limited liability companies

Course Modules

Year One
First year of studies  
Semester I  
CODE COURSE CU
FIN1101 Business Law 4
FIN1108 Micro Economics 4
COM1110 Management Theory & Practice 4
MGS1101 Quantitative Methods 4
BSM1101 Principles of Marketing 4
    20
     
Semester II (first year)  
CODE COURSE CU
ACC 1202 Fundamental Accounting Principles* 4
BAD1207  Business Environment 4
BUC1112 Fundamentals of Information Communication Technology 4
BAD 1205 Business Comm. Skills 4
FIN 1212 Macro Economics 4
    20
     
Year Two
Semester II (second year)  
CODE COURSE CU
COM2117 Introduction to Critical Thinking 4
FIN2217 Personal Finance 4
FIN2213 Introduction to Taxation 4
ACC2207 Accounting theory 4
Audited  
COM2212 Quantitative Methods II 4
FIN2218 Actuarial sciences and analytics 4
 
Recess Semester    
UFA2301 Field attachment 5
    16
Year Three
Third year of studies  
Semester I  
CODE COURSE CU
Core courses  
MGT 3102 Human Resource Management 3
BEM3216 Entrepreneurial Mindset & Action 3
LGD 3105 Business Ethics 3
Accounting Option
COM 3111 Advanced Accounting 4
COM3137 Introduction to auditing and other assurance services 4
ACC3101 Public Sector Accounting 4
Banking and Insurance  Option
FIN2222 Bank Management 4
 FIN3120 General Insurance Management 4
FIN3121 Investment management 4
Taxation Option  
COM3138 Income Tax 4
FIN 3109 Customs and Excise Duty Management 4
ACC3102 Tax audit and investigation 4
This option has been scrapped  
    21
     
Semester II (Third year)  
CODE COURSE CU
Core courses  
BAD3219 Strategic Management 3
FIN3152 Ugandan Economy 3
COM2219 Business Research Skills 3
Accounting Option  
FIN 3221 Income Tax 4
COM3242 Advanced Auditing & other assurance services 4
ACC 3201 Cost & Management Accounting 4
   
   
Banking and Insurance option
FIN3262 Financial Crime & Money Laundering 4
FIN3122 Life Insurance 4
LAM3201 Banking & Insurance Law 4
Taxation Option  
FIN 3227 Value Added Tax 4
FIN 3221 Advanced Taxation 4
COM3243 Financial Reporting 4
This option has been scrapped  
     
     
    21
         
Year one 40   Year one 40
Year two 36   Year two 36
Year three 42   Year three 39
Field attachment 5   Field attachment 5
Graduation load 123   Graduation load 120

Entry Requirements

Admission into the first year is through any of the three avenues:

  1. Direct entry,
  2. Mature Age Scheme,
  3. Higher Education Certificate
  4. Diploma Holders Scheme.
  5. Degree holders’ scheme

Tuition Structure

Admission into the first year is through any of the three avenues:

  1. Direct entry,
  2. Mature Age Scheme,
  3. Higher Education Certificate
  4. Diploma Holders Scheme.
  5. Degree holders’ scheme
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