L.S. 327.302 Ordinamenti għall- Gradi ta Bachelor of Commerce - B.Com. - u Bachelor of Commerce (Honours) - B.Com. (Hons) - taħt il-patroċinju tal- Fa

(1)The title of these bye-laws is the Bye-Laws for the Degrees of Bachelor of Commerce – B.Com. - and Bachelor of Commerce (Honours) - B.Com. (Honours) - under the auspices of the Faculty of Economics, Management and Accountancy.

(2)Citation and interpretation. 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 studies 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. - or the degree of Bachelor of Commerce (Honours) B.Com. (Hons) - as appropriate; and "the Principal Regulations" means the General Regulations for University Undergraduate Awards. S.L. 327.236 2. These bye-laws shall be commencing in October 2018 or later. courses Applicability. Amended by: L.N. 299 of 2006; L.N. 384 of 2007; L.N. 127 of 2009; L.N. 289 of 2009; L.N. 383 of 2010; L.N. 137 of 2011; L.N. 387 of 2012; L.N. 35 of 2014; L.N. 213 of 2014; L.N. 340 of 2014; L.N. 245 of 2015; L.N. 296 of 2016; L.N. 276 of 2017; L.N. 129 of 2018. 3.

(1)The degree of Bachelor of Commerce is awarded in Commerce as a sing le Main A rea of Stu dy wi th tw o of th e following areas of specialisation: Areas of study. Substituted by: L.N. 384 of 2007; L.N. 127 of 2009; Amended by: L.N. 387 of 2012; L.N. 245 of 2015. applicable for Accountancy, Banking and Finance, Economics, Insurance, Management, Marketing, Public Policy, and any other area approved by Senate on the 2 [ S.L.327.302 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 recommendation of the Board.

(2)The degree of Bachelor of Commerce (Honours) is awarded in Commerce as a Main Honours Area of Study with one of the following areas of specialisation: Banking and Finance, Economics, Insurance and Risk Management, Management, Marketing, Public Policy, and 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. Special course requirements for admission. Amended by: L.N. 384 of 2007. Substituted by: L.N. 127 of 2009. Amended by: L.N. 383 of 2010; L.N. 387 of 2012; L.N. 296 of 2016; L.N. 276 of 2017. 4. To be registered as regular students in the course, applicants shall either: (

1. a)apart from satisfying the general requirements for admission as specified in the Admission Regulations, be in possession also of a pass at Intermediate Matriculation Level in Pure Mathematics; or (
2. b)if choosing ‘Banking and Finance’ and, either ‘Economics’ or ‘Insurance’ or ‘Management’ or ‘Marketing’ or ‘Public Policy’ as the two areas of specialisation, be in possession of either: (
3. 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 (
4. 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; or (
5. c)if choosing ‘Economics’ and ‘Management’ as the two areas of specialisation, be in possession of the Diploma in Commerce awarded by the University of Malta. Subject to the provisions of the Principal Regulations, such applicants may be allowed by the Board to transfer these credits to the course. The number of credits so transferred shall not exceed 60 ECTS credits. (
6. d)if choosing 'Insurance' as an area of specialisation, be 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 [ S.L.327.302 3 in possession of either: (
7. i)(
8. ii)(iii) (
9. iv)the Certificate in Insurance of the Chartered Institute of Insurance and a pass at Intermediate Matriculation Level in Pure Mathematics; or the Advanced Diploma in Insurance offered by MCAST and a pass at Intermediate Matriculation in Pure Mathematics; or the International Certificate in Enterprise Risk Management of the Institute of Risk Management and a pass at Intermediate Matriculation in Pure Mathematics; or the Certificate in Risk Management in Financial Services of the Institute of Risk Management and a pass at Intermediate Matriculation in Pure Mathematics. 5. To progress to the second year of the course with Accountancy as an area of specialization students must be in possession of a pass at Advanced Matriculation Level in Accounting prior to admission in the course. Progression to Year 2. Amended by: L.N. 299 of 2006; L.N. 384 of 2007. Substituted by: L.N. 127 of 2009. Amended by: L.N. 289 of 2009. Substituted by: L.N. 137 of 2011. Re-numbered by: L.N. 35 of 2014. 6.

(1)The course for the degree of Bachelor of Commerce shall extend over a period of three years of full-time study or five years of part-time study. Course duration. Re-numbered by: L.N. 35 of 2014. Substituted by: L.N. 296 of 2016.

(2)The course for the degree of Bachelor of Commerce (Honours) shall extend over a period of four years of full-time study or seven years of part-time study.

1. Students shall be required to register initially for the Bachelor of Commerce course. Course programme. Re-numbered by: L.N. 35 of
3. Two. The course shall consist of two parts: Part One and Part Part One and Part Two. Re-numbered by: L.N. 35 of
4. 9.

(1)Part One shall comprise the first three years of the Course and shall be common both to the course leading to the Bachelor of Commerce and to the course leading to the Bachelor of Commerce (Honours). Part One. Amended by: L.N. 384 of 2007. Re-numbered by: L.N. 35 of 2014. Amended by: L.N. 213 of 2014. Substituted by: L.N. 10 of 2018.

(2)Part One shall consist of study-units to which 180 credits are assigned divided as follows: First Year: 60 credits which shall be common for all students; 4 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 [ S.L.327.302 Second Year: 60 credits of which at least 28 credits are assigned to each of the two areas of specialization chosen; and Third Year: 60 credits of which 30 credits are assigned to each of the two areas of specialization chosen. Areas of specialization. Re-numbered by: L.N. 35 of 2014. 10. Prior to registering in the second year of the course, students shall be required to choose two areas of specialization from the areas indicated in bye-law 3

(1). Degree of Bachelor of Commerce. Re-numbered by: L.N. 35 of 2014. Substituted by: L.N. 245 of 2015. 11. Students who successfully complete Part One of the course by obtaining 180 credits shall be awarded the degree of Bachelor of Commerce, unless they opt to proceed to Part Two of the course, if eligible in terms of bye-law 13, and successfully complete it. Part Two. Re-numbered by: L.N. 35 of 2014. 12. Part Two of the course comprises the fourth year leading to the degree of Bachelor of Commerce (Honours) and comprises study-units in one chosen area of specialization, to which 60 credits are assigned including a dissertation of 10,000-12,000 words. Eligibility for Part Two. Substituted by: L.N. 383 of 2010; L.N. 387 of 2012. Re-numbered by: L.N. 35 of 2014. Substituted by: L.N. 303 of 2017; L.N. 129 of 2018. 13. Students shall be eligible to register for Part Two of the course if they: either (

1. a)have successfully completed Part One of the course and have been placed in Category II or better in the classification for the award of the Bachelor of Commerce; and (
2. b)have obtained a minimum average mark of 65% in the second and third year study-units in the area of specialization chosen for Part Two of the course. provided that this requirement shall not apply to students opting for the Insurance and Risk Management, or Public Policy areas of specialization. Non-completion of Part Two. Re-numbered by: L.N. 35 of 2014. Substituted by: L.N. 245 of 2015 14. Students who do not complete Part Two shall be awarded the degree of Bachelor of Commerce, classified according to the criteria indicated in bye-law 16

(1). Publication of course programme. Re-numbered by: L.N. 35 of

2. 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 S e n a t e , t h e B o a r d m a y m ak e a n y ne c e s s a r y c h a n g e s t o t h e programmes of study and to the study-units required for the Degree. Classification of the Awards. Re-numbered by: L.N. 35 of
3. Substituted by: L.N. 340 of 2014 16.

(1)The Final Weighted Average Mark for the classification of the Bachelor of Commerce degree (Part One of the course) shall be based on the results obtained in the three years of Part One of the course which shall be weighted as follows: 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 First Year Average Mark 17% Second Year Average Mark 33% Third Year Average Mark 50%. [ S.L.327.302 5

(2)The Final Weighted Average Mark for the classification of the Bachelor of Commerce (Honours) degree shall be based on the results obtained in the four years of the Course which shall be weighted as follows: Part One Weighted Average Mark 60% Fourth Year Average Mark 40%. 17. 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. Special provisions for part-time courses. Added by: L.N. 296 of 2016.