As one of the core sectors of a company, the financial department is essential to the daily functioning of any business or company. Therefore Financial Management is centered around the creation and managing of company budgets, assuring that the general profit margin is maintained.
When you choose to study financial management, you will be taught the needed skills and tools to efficiently manage the entire financial area of a company. Maintaining and improving the strategies to assure an increase in profits and a decrease in expenses, is an essential part of Financial Management.
Students studying towards a qualification in Financial Management will be taught a very specific set of skills that guarantees effective and transparent financial records. Financial Management is directly linked to the growth of any company.
Studying Financial Management Through Bellview Institute of Distance Learning
Choosing the right place to study Financial Management is easy when you choose Bellview Institute of Distance Learning. Accredited by the QCTO (Quality Council for Trades and Occupations) to offer the Financial Management: NATED Qualifications to students.
The Institute of Certified Bookkeepers, the Department of Basic Education, the Department of Higher Education and Training, and the Quality Councils of Trades and Occupations have all certified Matric College as a distance learning college. The majority of their courses are accredited by the South African Qualifications Authority (SAQA) and are included on the National Qualifications Framework (NQF). This is similar with both our Nated course and CIMA courses.
After completing your Matric, one of the many accredited Management Courses offered by Matric College could be an excellent study option, such as the Financial Management Course, Marketing Management Course or Business Management Course.
Studying an accredited Business Management Course or Marketing Management Course will not only prepare you to be your own boss and run your own business, but it will also teach you the skills you’ll need to manage a corporate business and ensure that you’re on the right track to achieving your goal of climbing the management ladder.
Matric College offers recognised NATED Courses via distance learning, giving you the independence and flexibility to study and work at the same time.
When choosing to study a Diploma course via distance learning, it is important to choose a reputable distance learning college that offers Accredited Courses. Completing an accredited course will provide you with a recognised qualification, increasing your chances of being hired in your chosen career field.
Financial Management: NATED Qualifications At Bellview
Bellview Institute of Distance Learning breaks down Financial Management into the following courses:
- 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
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
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 Does The Financial Management Course Take?
To finish your qualification in Financial Management you need to know the following. Financial Management falls under the NATED (National Accredited Trades and Educational Diploma) set of qualifications. The entire programme to gain your National Certificate in Financial Management 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)
These courses are offered at various institutions or colleges, in different ways, but the generally accepted timeframe to complete ALL THREE is 36 months. This means that each course takes 12 months to complete.
There is a fourth part to this qualification and that is Financial Management: NATED N6 National Diploma. To complete this requires you to finish 18 months of practical work experience.
If you are looking to get your Diploma in Financial Management, then the entire programme will take you a total of 54 months.
36 Months to complete Financial Management: NATED N4 to N6 National Certificates.
18 Months to complete Financial Management: NATED N6 National Diploma.
Can I Study Financial Management Without Matric?
No, it is not possible.
In order to register to study the first of the 4 Financial Management: NATED courses, Financial Management: NATED N4 National Certificate, you are required to have completed your Matric Certificate (National Senior Certificate).
For you to begin your studies for Financial Management, you need to have an education which is at NQF Level 4. A National Senior Certificate is at NQF Level 4.
If you do not have your National Senior Certificate (NSC), if you have either never completed your matric year or you failed, then you can register for an Adult Matric Certificate (Amended Senior Certificate).
If you successfully complete your Amended Senior Certificate (ASC) then you can register for your studies towards Financial Management. This is because an ASC and NSC are exactly the same and at the same educational level. Both are NQF Level 4.
Can I Study At A University With A N6 Financial Management?
No, unfortunately, you can not.
For those individuals who want to apply for admission to University, a National Senior Certificate with a Bachelor’s Degree Pass is needed. Beyond that, the admission requirements are not the same for every University.
This means that having an N6 Financial Management Qualification does not guarantee you admission to any University.
Are Financial Management Courses Recognised?
This depends on where you get your Financial Management qualification.
Most online-only colleges are not accredited. If an institution is not accredited then its qualifications are not recognised.
However, if you choose certain FET, TVET, or Private Colleges, which carry the needed accreditation, your Financial Management qualification will be accredited and therefore it will be recognised both nationally and internationally.
For example, choosing Bellview Institute of Distance Learning, which carries the necessary accreditations, to complete your Financial Management, will give you an accredited and recognised qualification.
Where can I study Financial Management?
You can study Financial Management as a physical classroom qualification at various FET, TVET, and Private Colleges located all over the country.
You also have the option to study Financial Management as a distance learning qualification at the following:
What Are The Financial Management Course Subjects?
Although Financial Management covers a broad range of different areas related to the financial industry, there are a few subjects that you will need to take and complete no matter where you choose to study.
These subjects are:
- Financial Management
- Computerised Financial Systems
- Entrepreneurship and Business Management
- Management Communication
- Cost and Management Accounting
- Financial Accounting
- Mercantile Law
- Income Tax
What Else Can I Study At Bellview?
There are a number of other courses to study at Bellview Institute of Distance Learning:
- NATED Educare( N4, N5, N6, and N6 Diploma)
- NATED Human Resource Management( N4, N5, N6, and N6 Diploma)
- NATED Marketing Management( N4, N5, N6, and N6 Diploma)
- NATED Financial Management( N4, N5, N6, and N6 Diploma)
- NATED Business Management( N4, N5, N6, and N6 Diploma)
- NATED Legal Secretary( N4, N5, N6, and N6 Diploma)
- ICB: Business Management
- ICB: Bookkeeping and Accounting
- ICB: Office Administration
- Business Accounting: CIMA Certificate Level
- Business Accounting: CIMA Operational Level Business Accounting
- Business Accounting: CIMA Managerial Level
- Business Accounting: CIMA Strategic Level
Author: Morné van Emmenis