Description
In simple terms, financial management is the business function that
deals with investing the available financial resources in a way
that greater business success and return-on-investment (ROI) is
achieved. Financial management professionals plan, organize and
control all transactions in a business.
This qualification is designed to encourage access to the accounting profession.
It is offered to those candidates who would like to enter the world of finance
as their career. The focus is on accounting. The curriculum concentrates on the
management of financial affairs of an organization and on concluding their studies,
students will have the ability to analyses financial and statistical information,
check accounts and provide financial advice.
Workplace Learning
This qualification requires a compulsory experimental learning or in-service training
component of 18 months in matters relating to financial Management responsibilities.
Workplace Learning provides important opportunities for professional and personal
growth. It addresses specific competencies identified for the acquisition of the
qualification, which relates to the development of skills that will make the student
employable and will assist in developing his or her personal skills. A training logbook
is provided by the college as guide line for the training on what the training should
cover.
Entry Requirement
Learners who want to do this course must have completed the National Senior Certificate or
Senior Certificate or any other qualification of that equivalence. Foreign learners are
required to submit their higher qualification to SAQA to determine their level of entry.
Assessments
There are 2 (two) forms of assessments required for this qualification that must be done
at each of the qualification levels. The Internal Continuous assessments (1 Test, 1
assignment and 1 internal exam) that are conducted by the college and then the Final
external examination which is set, monitored and facilitated by the Department of higher
education and Training. You will only be able to register to write the external examination
if you pass your formative assessment component which the College will use to generate a
term mark for each of your subjects as required by the Department of higher education and
Training
Certification
On successful completion of each level, i.e., passing all the required modules of individual qualification levels, a certificate for that particular completed level will be issued by the Department of Higher Education and Training.
The National N Diploma is only issued if proof of 18 months of practical in-service training is provided accompanying the Diploma application. The application process takes a maximum of 3 months.
Accreditation and Duration
3 Years (Divided into 2 components)
18 Months of the theoretical component (N4, N5 and N6)
18 Months of practical in-service training
This course is accredited by the Quality Council for Trades and Occupation (QCTO) as the quality assurer and the Department of Higher Education and Training (DHET) as the assessment body.
Career Path
With this qualification you could enter the following careers:
. Accountants
. Financial Managers
. Auditors
. Book keeper
Learning Material
All textbooks are provided by the college and they remain a property of the college throughout the duration of the course for which the material is provided for.
