History of Faculty of Commerce
The Faculty of Commerce is an outgrowth of the former Department of Accounting and Business Studies and was established during the 1990-91 academic year. Prior to the establishment of the Faculty of Commerce, the business programmes were housed in the Faculty of Social Science. The 1991-92 academic year was the first year of implementation of the restructured, five-years diploma / degree programme offered by the Faculty, which was later restructured into a four years degree programme.
The Faculty of Commerce is made up of two departments: Department of Accounting and Finance and Business Administration. The Department of Accounting and Finance offers one specialisation in B.Com Accounting and Finance while the Department of Business Administration offers two specialisations in B.Com Management and B.Com Marketing.
The Faculty of Commerce business programmes dates back to the days of joint tertiary education with Botswana, Lesotho and Eswatini. When the University obtained full university status in 1982, the business programme continued to be recognised as an essential vehicle by which the country could increase the number of skilled man-power in the business field. As the country’s
business has grown and undergone new changes, the business programmes have responded to meet the demand for skilled man-power. With the establishment of the Faculty of Commerce, a strengthened business programme was introduced. The development of the programmes was the result of extensive interaction with representatives of the private sector and the Eswatini Institute of Accountants. Of foremost importance in the development of the programme was the incorporation of courses that would enable students to obtain maximum exemption from institutions granting professional qualifications.
Furthermore, in future the Faculty of Commerce intends to transform to a Business School to ensure alignment and responsiveness to global and local needs in teaching (undergraduate and postgraduate), research and consultancy. Efforts to create transformation begun with the approval of the school of business proposal by the university Senate.