When it comes to the building blocks of a successful business, Financial Management is one of the most important ones. Financial Management centers around the setting of departmental budgets, maintaining the general profit margin, and improving on the strategies to increase profits and decrease expenses.
Studying Financial Management will provide students with the needed knowledge and skills to effectively manage any and all financial aspects of a company. Without effective and transparent financial management, a business will struggle to make it.
The tools taught to students of financial management, give them a specific skill set that is seen as incredibly valuable for any business. The development and growth of a company are directly related to how well the finances of the company are handled.
Matric College is a distance learning institution fully accredited by the Institute of Certified Bookkeepers, Department of Basic Education, Department of Higher Education and Training and Quality Councils of Trades and Occupations. Most of their courses are registered with the South African Qualifications Authority (SAQA) and are recognised on the National Qualifications Framework (NQF).
Once you have completed your Matric, a great study option could be one of the many accredited Management Courses offered by Matric College, such as the Financial Management Course, Marketing Management Course or NATED Business Management.
Financial Management At Bellview Institute of Distance Learning
Choosing where to study Financial Management is a very important step in your career within this industry. Bellview Institute of Distance Learning is accredited by the QCTO (Quality Council for Trades and Occupations) to offer the Financial Management: NATED Qualification.
Financial Management: NATED Qualifications
- Financial Management: NATED N4 National Certificate – SAQA ID Number: 66847 (NQF Level 5)
- Financial Management: NATED N5 National Certificate – SAQA ID Number: 66954 (NQF Level 5)
- Financial Management: NATED N6 National Certificate – SAQA ID Number: 66998 (NQF Level 5)
- Financial Management: NATED N6 National Diploma – SAQA ID Number: 66998 (NQF Level 6) Awarded upon completion for completion of 18 months of practical work experience
Code 4090304: Entrepreneurship and Business Management N4
Code 4010164: Financial Accounting N4
Code 5140364: Management Communication N4
Code 6030154: Computerised Financial Systems N4
Financial Management: NATED N5 National Certificate Course Information
Code 4010175: Financial Accounting N5
Code 04010185: Cost and Management Accounting N5
Code 4090315: Entrepreneurship and Business Management N5
Code 06030175: Computerised Financial Systems N5
Code 13030105: Mercantile Law N5
Code 22020095: Economics N5
Financial Management: NATED N6 National Certificate Course Information
SAQA ID Number: 66998
Qualification Title: National Certificate: N6 Financial Management
Qualification Type: National N Certificate
Originator: Department of the Education
Course Credits: 60
NQF Level: 5
Code 4010216: Financial Accounting N6
Code 04010196: Cost and Management Accounting N6
Code 4090336: Entrepreneurship and Business Management N6
Code 4010206: Income Tax N6
Code 06030186: Computerised Financial Systems N6
Frequently Asked Questions
How Long Is The Financial Management Course?
Financial Management as a NATED (National Accredited Trades and Educational Diploma) Programme is broken down into three courses:
- Financial Management: NATED N4 National Certificate (NQF level 5)
- Financial Management: NATED N5 National Certificate (NQF level 5)
- Financial Management: NATED N6 National Certificate (NQF level 5)
The recommended duration for each of these courses is 12 months. This would mean that getting your Financial Management: NATED N6 National Certificate will take you up to 36 months to complete.
If you wish to complete your Financial Management: NATED N6 National Diploma (NQF Level 6) this will take you an additional 18 months of practical work experience to complete.
Easy to understand:
36 Months to complete Financial Management: NATED N4 to N6 National Certificates
18 Months to complete Financial Management: NATED N6 National Diploma
A total number of months to complete Financial Management: NATED N4 to N6 National Diploma = 54 months.
You can view all of the Diploma Courses offered as well as their details.
Can I Do Financial Management Without A Matric Certificate?
No, you can not.
To register for your first course in Financial Management: NATED N4 National Certificate you are required to have completed an NQF Level 4 certificate. A Matric Certificate for example is an NQF Level 4 certificate.
Alternatively, if you do not have your Matric Certificate, you could register for your Amended Senior Certificate (ASC), otherwise known as an Adult Matric Certificate. This is the exact same certificate as a Matric Certificate and is also NQF Level 4.
The only difference between the two is that your NSC is done during your matric year in high school and your ASC is done after high school if you did not get your NSC during your matric year.
Can I Go To University With N6 Financial Management?
No, you can not.
There is, unfortunately, no relationship between a Financial Management: NATED N6 Qualification and the entry requirements for university studies. To gain admission to a University you will need to have your National Senior Certificate with a Bachelor’s Degree Pass.
It is also important to remember that the admission requirements for Universities are different for almost every University. Simply having an N6 Financial Management Qualification does not mean that you can rely on it to gain admission.
Are Financial Management Courses Recognised?
This depends on which institution or college you choose to complete your Financial Management course with.
There are online colleges that have certain national accreditation which would mean your Financial Management qualification will only be recognised within South Africa.
However, it most likely will not be recognised internationally.
On the other hand, if you choose to study Financial Management at either a FET, TVET, or certain Private Colleges, it will in all likelihood be recognised both nationally and internationally.
For example, studying your Financial Management Qualification through Bellview Institute of Distance Learning will guarantee you recognition both nationally and internationally.
Bellview also offers a number of other internationally recognised courses such as NATED Business Management with certificates ranging from N4, N5, and N6 all the way to an N6 Diploma or NATED Marketing Management which also offers certificates ranging from N4, N5, and N6 certificates all the way to an N6 Diploma.
Where Can I Study Financial Management Courses?
There are a number of places and ways in which you can study Financial Management. You can choose to study Financial Management at any of the FET and TVET Colleges nationwide. This would then be done in a face-to-face classroom setting.
You can also choose to study via distance learning at any of the following colleges/academies and institutions:
Financial Management Course Subjects
Depending on where you choose to study towards your qualification in Financial Management these are the subjects that you can expect to form part of your coursework:
- Financial Management
- Computerised Financial Systems
- Entrepreneurship and Business Management
- Management Communication
- Cost and Management Accounting
- Financial Accounting
- Mercantile Law
- Income Tax
- Marketing Management Courses ( N4, N5, N6 and N6 Diploma)
- Human Resource Management Courses ( N4, N5, N6 and N6 Diploma)
- Management Assistant Courses( N4, N5, N6 and N6 Diploma)
- Financial Management Courses ( N4, N5, N6 and N6 Diploma)
- Business Management Courses ( N4, N5, N6, and N6 Diploma)
- Educare Courses ( N4, N5, N6, and N6 Diploma)
- Legal Secretary Courses ( N4, N5, N6, and N6 Diploma)
Studying an accredited Business Management Course (N4- N6 Diploma) or Marketing Management Course (N4– N6 Diploma) is a great way to set yourself up to become your own boss and run your own business, it will also teach you the skills that you’ll need to manage a corporate business, and ensure that you will be on the right track to achieving your goal of climbing the management ladder.
Author: Morné van Emmenis