MASTERS OF COMMERCE IN ECONOMICS DEGREE (MECON)

Overview

1. PREAMBLE

1.1 These regulations shall be read in conjunction with the Faculty of Commerce Regulations and General Academic Regulations for Postgraduate degrees offered by the Midlands State University.

1.2 The degree shall be awarded to candidates who have successfully completed the programme and passed the examinations in accordance with regulations set in the Faculty regulations.

2. OBJECTIVES

2.1 The programme provides an opportunity to obtain a more comprehensive foundation in Economics and added knowledge in specific economic or business related areas.

2.2 The programme aims to develop the sound conceptual, technical, and analytical and communication skills that are required to succeed in the Economics profession. Students will be expected to exercise their analytical abilities and develop effective verbal and written communication skills.

3. ENTRY REQUIREMENTS

To qualify for entry into the Master of Commerce Economics degree programme a student should have an honours degree in Economics, Banking & Finance or related field.

4. CAREER PROSPECTS

Graduates can be absorbed in some of the following organizations and areas; Financial Institutions, Government Departments, Parastatals, Central Bank, private sector firms, non-governmental organizations, regional and international organizations, institutions of higher learning, consultancy firms and high schools among others.

5. DURATION

The programme shall be completed over a minimum of four semesters on a full time block release basis

6. GENERAL PROVISIONS

6.1 Formal examinations will be held at the end of each semester.

6.2 For a student to be admitted to the examinations they must have:

6.3 Satisfactorily attempted approved modules of study including submission of required written assignments.

6.3.1 Attended compulsory classes

6.3.2 Participated in prescribed seminars, tutorials and practical classes.

6.3.3 Paid the prescribed fees in accordance with the General Regulations.

6.3.4 Formal examinations will normally be written papers, but in some cases the examiner may test the candidate orally.

6.3.5 Continuous assessment shall account for 30% of the overall assessment, while the final examination will account for 70% of the overall assessment.

6.4 The aggregate pass mark shall be 50%.

7. SUPPLEMENTARY EXAMINATIONS

7.1 A student who fails to satisfy examiners and obtains a mark less than 50% but not less than 40% may on the recommendation of the Board of Examiners and subject to the approval of the Senate, be permitted to sit for a supplementary examination(s) in the respective module(s) failed in the final semester of the programme.

7.2 Overall assessment of the Supplementary examination will not incorporate continuous assessment. Supplementary examinations shall be marked as “Pass” or “Fail” and the overall maximum mark awarded in a supplementary examination shall be 50%.

8. PROGRESSION

A student retains credit for modules passed.

9. DEGREE CLASSIFICATION

For the purposes of degree classification the parts of the degree programme will be classified as follows:

Level 1 -50%

Level 2 -50% (with dissertation carrying weight equivalent to four taught modules)

10. MARKING SCHEME

The following marking scheme shall be used for all the modules and grading of the degree:

80%-100% Distinction
70%-79% Merit
50%-69% Pass
40- 49% Fail Supplementable
39% and less Fail
11. NOTIFICATION OF RESULTS

Results lists shall be published in accordance with the provisions of the General Regulations.

Programme Structure