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Introduction

The Bachelor of Commerce degree programme is a four-year study.  It aims at preparing students for management careers in the private and public sector. It offers professional specialisation in the following areas: Accounting; Marketing; Banking and Finance; Insurance and Risk Management; Co-operative Management; Human Resource Management, and Management Science In the first and second years of study, students take general commerce courses and are required to select one of the listed options for specialisation in the third and fourth year?s of study respectively.  All options lay emphasis on the functional areas of Commerce, and stress on problem solving, computer skills, management information systems and managerial business analysis.  Students are equipped with analytical and decision-making skills.

Justification

The goal of the Commerce degree programme is to provide students with a wide range of skills, knowledge, and attitudes to respond to their need for effective management of public and private business enterprises.

Objectives

At the end of the training, the graduates will be expected to:
Effectively manage resources at their disposal according to contemporary economic, business management and technological trends;
Carry out research with a view to finding solutions to contemporary problems affecting business development at various scales;
Appreciate the complex relationship between the national economy and global economic trends; and
Have acquired knowledge, skills and attitudes for pursuing further studies in Commerce.

Admission Regulation

 All candidates admitted to the degree programme of Bachelor of Commerce (B.Com) must satisfy the minimum common entrance requirements of Egerton University which currently is a C+.
In addition, candidates must obtain at least the minimum cut-off points for the year as determined from any one of the following four cluster subjects from revised K.C.S.E. structure.
English or Kiswahili
At least any one from the following:
History and Government
Geography,
Christian Religious Education
Social Education & Ethics,
Hindu Religious Education or
Islamic Religious Education
Mathematics
Either,
Biology or Biological Sciences; or
Chemistry or Physics or
Physical Sciences
Or
Any one of the following:
Accounts
Commerce
Economics
A Candidate must obtain at least a C grade in mathematics.  Those with less than a C grade must take and pass a bridging course in mathematics.
Those holding qualifications equivalent to the above from institutions recognised by Egerton University Senate may also be admitted.
Admission may be offered to CPA II and diploma holders in Co-operative Management, Banking, Finance, Agri-Business, Marketing, Insurance and Risk Management and Management Science disciplines passed with a credit or higher or their equivalent.  Such cases will be treated on individual merit.  Based on Senate approved guidelines, candidates may be allowed to transfer credits from a diploma course or its equivalent from an institution recognised by the University Senate up to a maximum of 30% of the required programme.

Duration of Study
The Bachelor of Commerce degree programme takes four academic years for full-time students.
Part time students may be allowed to cover the programme within eight academic years.

Course structure and requirements for a bachelor?s degree:
Courses taken to fulfil graduation requirements are drawn from a cluster of University Common Core courses and from those specified by Faculties and Departments.
In order to fulfil the graduation requirements for Bachelor of Commerce degree, candidates are required to take and pass at least 144 credit factors of courses approved by the Senate.
Full Time Students will be required to complete a minimum of 36 credit factors each year which will be distributed as follows:
First year, 9 credit factors from University wide courses, 27 credit factors from Faculty wide courses.
Second year, 36 credit factors from core courses.
Third year, 21 credit factors from core courses, 12 credit factors from specialisation options and 3 credit factors from electives.
Fourth year, 18 credit factors from core courses, 15 credit factors from specialisation options and 3 credit factors from electives.
Part-time Students shall be allowed to take a minimum of nine (9) C.F.s and maximum of eighteen (18) C.F.s per semester.

Course Coding

YEAR I SEMESTER I
COURSE    CODE
BCOM 100 Introduction to Business
BCOM 101 Principles of Microeconomics
BCOM110  Principles of Accounting I
BCOM 170 Business  Mathematics I
COMS 101Communication Skills
PHIL 104    Philosophy and Society

SEMESTER II

BCOM 102 Principles of Management
BCOM 103 Principles of Macroeconomics
BCOM 111 Principles of Accounting II
BCOM 171 Business Mathematics II
BCOM 172 Fundamentals of Computers
PHIL 105   Government and Society

YEAR II SEMESTER 1

BCOM 201 Intermediate Microeconomics
BCOM 210 Management Accounting I
BCOM 211 Intermediate Accounting I
BCOM 240  Risk and Insurance
BCOM 270 Computer Programming I
BCOM 271 Business Statistics I

SEMESTER II

BCOM 202 Intermediate Macroeconomics
BCOM 212  Intermediate Accounting II
BCOM 220 Principles of Marketing
BCOM 230  Business Finance
BCOM 241 Risk Management
BCOM 272  Operations Research I

YEAR III SEMESTER

CORE COURSES

BCOM 300 Organisational Theory
BCOM 301 Business Law I
BCOM330  Financial Institutions and Markets
BCOM 360 Human Resource Management

Optional Courses
BCOM 310  Advanced Financial  Accounting 1
BCOM332  Corporate Finance 

II.MARKETING OPTION

BCOM 320  Sales Management
BCOM 321  Marketing Information System
III. BANKING AND FINANCE OPTION

BCOM 331 Money and Banking
BCOM 332 Corporate Finance

IV. INSURANCE AND RISK MANAGEMENT

BCOM 340 Property Liability Insurance
BCOM 341 Legal Aspect of Insurance

V. CO-OPERATIVE MANAGEMENT

BCOM 350 Philosophy of Co-operatives
BCOM 351 Co-operative Movement in Kenya

VI.HUMAN RESOURCE MANAGEMENT

OPTION
BCOM 361 Human Resource Planning
BCOM 362 Management of Change

VII. MANAGEMENT SCIENCE OPTION

BCOM 370 Data Communication
BCOM 371  Operations Research I

SEMESTER II

CORE COURSE
BCOM 302 Organisational Behaviour
BCOM 303 Business Law II
BCOM 333  Public Finance
Optional Courses

 ACCOUNTING OPTION
BCOM 311 Advanced Financial Accounting II
BCOM 312 Management Accounting  II

II. MARKETING OPTION

BCOM 322 Consumer Behaviour
BCOM 323 Marketing Communication

III. BANKING AND FINANCE OPTION

BCOM 334  Banking, Law and Practice
BCOM 335 Financial Management I

IV.    INSURANCE AND RISK MANAGEMENT OPTION

BCOM 342    Agricultural Insurance            
BCOM 343    Pensions

V.    CO-OPERATIVE MANAGEMENT

OPTION    

BCOM 352    Co-operative Economics            
BCOM 353    Co-operatives Law

VI.    HUMAN RESOURCE MANAGEMENT

OPTION    

BCOM 363    Labour Relations Management            
BCOM 364    Management of Diversity

VII.    MANAGEMENT SCIENCE OPTION

BCOM 372    Computer Programming I            
BCOM 373    Business Statistics II

YEAR IV    SEMESTER I    
CORE COURSES    

BCOM 400    Research Methods            
BCOM 401    Entrepreneurship            
BCOM 402    Strategic Management

OPTIONAL COURSES                
I.    ACCOUNTING OPTION

BCOM 410    Auditing I            
BCOM 411    Tax Law and Practice            

II.    MARKETING OPTION

BCOM 420    Marketing Research            
BCOM 421    International Marketing            

III.    BANKING AND FINANCE OPTION

BCOM 430    Management of Financial Institutions            
BCOM 431    Financial Management II

IV.    INSURANCE AND RISK MANAGEMENT OPTION

BCOM 440    Marine Insurance            
BCOM 441    Life and Health Insurance

V.    CO-OPERATIVE MANAGEMENT OPTION

BCOM 450    Management of Co-operatives            
BCOM 451    Co-operative Financing

VI.    HUMAN RESOURCE MANAGEMENT OPTION

BCOM 460    Managing Human Resource Performance            
BCOM 461    Compensation Management

VII.    MANAGEMENT SCIENCE OPTION

BCOM 470    Project Management            
BCOM 471    Operations Management

YEAR IV    SEMESTER II    
CORE COURSES    
BCOM 403    Business Ethics            
BCOM 404    Small Business Management            
BCOM 472    Total Quality Management            
Optional Courses    

OPTIONAL COURSES                
I.    ACCOUNTING OPTION

BCOM 412    Auditing II            
BCOM 413    Specialised Financial Accounting Techniques        
BCOM 414    Management Research Paper

II.    MARKETING OPTION

BCOM 422    Strategic Marketing            
BCOM 423    Marketing of Services and Non-profit Entities        
BCOM 414    Management Research Paper

III.    BANKING AND FINANCE OPTION

BCOM 432    International Finance            
BCOM 433    Investment and Portfolio Management            
BCOM 414    Management Research Paper

IV.    INSURANCE AND RISK MANAGEMENT

BCOM 442    Introduction to Actuarial Science            
BCOM 443    Reinsurance            
BCOM 414    Management Research Paper

V.    CO-OPERATIVE MANAGEMENT OPTION

BCOM 452    Co-operative Policy            
BCOM 453    Co-operatives and Development            
BCOM 414    Management Research Paper

VI.    HUMAN RESOURCE MANAGEMENT OPTION

BCOM 462    Labour Laws            
BCOM 463    Human Resource Development            
BCOM 414    Management Research Paper

VII.    MANAGEMENT SCIENCE OPTION

BCOM 473    Management of Information Systems            
BCOM 414    Management Research Paper            
BCOM 476    Advanced Business Statistics

LIST OF ELECTIVES    

ELECTIVES OFFERED IN THIRD YEAR                
BCOM 304    Economic Development            
BCOM 305    Economic Policy Analysis            
BCOM 313    Accounting Information Systems            
BCOM 314    Fund Accounting            
BCOM 324    Business Sector Marketing            
BCOM 336    Real Estate Finance            
BCOM 344    Automobile Insurance            
BCOM 374    Materials Management

ELECTIVES OFFERED IN FOURTH YEAR                
BCOM 405    Women  and Entrepreneurship            
BCOM 406    Advanced Microeconomics            
BCOM 407    Advanced Macroeconomics            
BCOM 415    Tax Management            
BCOM 416    International Accounting            
BCOM 417    Trust and Executorship Accounting            
BCOM 425    Marketing Ethics            
BCOM 435    Financial Modelling and Forecasting            
BCOM 436    Contemporary Issues in Financial Management        
BCOM 445    Social Insurance            
BCOM 455    Comparative Co-operativeMovements            
BCOM 477    Statistical Quality Control            
BCOM 478    Non-Parametric Statistics