Are you looking for a list of careers in Business management?
Earning a business management certification can open numerous doors for you.
Here is list of careers you can enter into after studying business management:
– Manufacturing businesses
– Service organizations
– Logistics and Supply Chain Supervisor Financial institutions.
– Own business.
– Business Analyst.
– Operations Manager General Supervisor.
– Compliance Officer.
– Management Consultant.
– Human resources officer.
– Marketing executive.
– Sales executive.
– Systems analyst.
Why Study for a Business Management career?
Individuals who study business courses are offered the possibility to discover handling organisations of numerous sizes. They also find out about the relationships in between businesses and the communities that they serve. Studying a business management course may help you on your way to becoming a leader in the business environment. The ICB provides a fully certified business management course programme.
The Institute of Certified Bookkeepers
The Institute of Certified Bookkeepers is a Professional Body that has really existed since 1931. In South Africa the functions of professional bodies use to integrate both Professional Membership along with Education and Training. Nevertheless, academic guidelines and laws in recent years made these bodies divided those functions.
Thus, the historic ICB was divided into a Professional Body and an Academic Body in 2015. The instructional body continues under the name Institute of Certified Bookkeepers.
The (brand-new) ICB, that is the body entirely dealing with Academics, is a recognized Quality Assurance Partner of FASSET. FASSET is the Sector Education and Training Authority for Funding, Accounting, Management Consulting and other Financial Services).
This suggests that the ICB is authorized by FASSET to acknowledge training business. Function as the examination (exams) body for the ICB courses, used by training business certified by them.
Currently the QCTO (the Quality Council for Trades and Occupations) is in the procedure of managing the commitment for all SETAs. That indicates that FASSET “falls under” the QCTO. This may have some impact on the info of the accreditation procedure in the future. Both FASSET and the QCTO are bodies developed in regards to an Act of Parliament.
The ICB, under authority of FASSET (and soon under authority of the QCTO), is responsible for the quality control and evaluations (assessments) of a series of qualifications. More about that listed below, under the heading “ICB Qualifications”.
The Professional Body is called the Institute of Certified Bookkeepers and Accountants (ICBA). The ICBA is acknowledged by SAQA as a Professional Body and for the registration of 7 professional categories on the National Qualifications Framework (NQF).
Usually a student would study ICB qualifications, and on the strength of their qualifications, along with working experience, and adhering to a professional standard operating procedure, have the capability to obtain Membership.
The primary goal of the ICBA is to offer professional membership to Junior and Senior Accounting professionals, in addition to Junior Accountants and Financial Accountants, in addition to Office Administrators. As an ICB student, you can get Student Subscription of the ICBA.
What are the benefits of studying business management?
Management involves a broad capability that can benefit you in any workplace.
Here are some of the advantages of studying business management:
– You will acquire a good grasp of the truths of the business world.
– You will discover the Importance of teamwork.
– You will learn ways to handle individuals.
– You will find out about entrepreneurship.
– You will be able to integrate your business management knowledge and skills with a series of other abilities in order to pursue various career courses.
– You will learn about numerous elements of running your very own business.
– You will get a much better understanding of what to get out of workers.
– You will find out more about organizations and how they are structured.
– You will find out the best ways to connect more effectively on a professional level.
Discover how to make a business be successful!
This programme hits the spot if you have ambitions of managing a business and its finances.
Good business management is vitally important for a business’s commercial success. In this ICB programme, you’ll find out about business and financial management finest practices, office and legal practice, human resource management, computer system literacy, global business technique and research approaches in commerce.
You can attain the ICB Business Management: Foundation Level after completing simply 3 subjects (and attain the National Certificate: Small Business Financial Management). Continue your studies to advance to the Intermediate and Advanced Levels, and their associated nationally recognized qualifications.
Small Business Financial Management
( NQF L4 – SAQA ID 48736, overall credits: 120).
Grade 11 (Std 9) or equivalent.
- Business Management 1 (BMT1).
- Bookkeeping to Trial Balance (BKTB).
- Business Literacy (BUSL).
What my title can be
Assistant or administrator in human resources, office management, legal, administration, public relations, marketing, sales, consumer relations. Junior Scientist, Junior Expert, Sales Assistant.
Exactly what I’ll be able to do
Show an understanding of the documents, processing and recording of a business’s financial transactions. Interact effectively with the business stakeholders. Program that you understand what it implies to be a basic manager. Cost and rate products and manage working capital. Run a computer.
( NQF L5 – SAQA ID 23619, overall cumulative credits: 240).
National Certificate: Small Business Financial Management (should include the Business Management 1 subject).
- Office and Legal Practice (OLPR).
- Business Management 2 (BMT2).
- Marketing Management and Public Relations (MMPR).
- Financial Statements (FNST).
- Human Resources Management and Labour Relations (HRLR).
What my title can be
Senior Office Administrator, Secretary, General Office Manager, Human Resources Manager, Labour Relations Supervisor, Field/Floor/Store/ Department Manager, Customer Service Supervisor.
Exactly what I’ll have the ability to do
Handle your journal and work schedule as a manager. Operate efficiently as a basic office supervisor of a business. Apply marketing, law, PR, and economics concepts in business. Prepare and interpret financial statements and reports. Work efficiently with the HR and labour relations departments. Apply business growth principles for local and global expansion.
( NQF L6 – SAQA ID 20366, overall cumulative credits: 280).
Higher Certificate: Office Administration (must include the Business Management 2 subject).
- Business Management 3 (BMT3).
- Financial Management and Control (FMCL).
- Financial Reporting and Regulatory Frameworks (FRRF).
- Research Theory and Practice (by brief argumentation, topic: Business Management) (RTAP).
What my title can be
Financial Accounting professional, Accounting Officer (through SAIBA if you meet their requirements). Field/Floor/Store/ Department Manager, Secret Account Supervisor, Business Supervisor, Business Expert, Business Consultant, Service or Sales Manager.
Exactly what I’ll be able to do
Deal with management details systems at a business level. Prepare a business for internal/external audit. Apply concepts of strategic intent and strategic thinking in a global business environment. Apply managerial finance and control principles in a commercial environment. Draw up and translate financial declarations and reports in accordance with IFRS.
Test Dates and Venues
Class trainees: Most of the colleges hold exams on-site monthly, so check exactly what your college’s schedule is.
Distance learning trainees can go into the ICB tests in February, May, July, September and November. Tests take place at the ICB approved evaluation centres around southern Africa.
Pay your ICB registration and evaluations costs as early as possible, so we can send you your PoE ASAP. Your PoE is an extraordinary tool to help you study. Do not leave it to the eleventh hour or you’ll truly be disadvantaging yourself!
Get in for an ICB exam
Classroom trainees will do this through their colleges.
Distance learning trainees will enter upon the ICB Student Website online.
Select your qualifications initially. Then pick he topics, exam dates and areas for your evaluations, and send your test entry along with the needed charge. All trainees will get an e-mail verifying their examination entries.
How does ICB examination work?
When you register to study an ICB course, you’ll likewise have to sign up to be analyzed for it. This is so that they can determine at the end of it whether you understand and comprehend the course material all right to pass. Each ICB program is created to have specific outcomes. These results are things that you will be able to do and comprehend as a result of your studies. This is the most essential part of the ICB assessment policy.
Each result requires a particular quantity of time for you to achieve it. These hours are represented by credits. As defined by the South African Qualifications Authority (SAQA), and the ICB evaluation policy, 1 credit equals 10 notional hours. Notional knowing hours are thought about to be the time taken by the typical student to attain the defined learning outcomes.
Exactly what happens if I fail my ICB exam?
Don’t worry if you do not pass first time, you can get a 2nd possibility, With an ICB Re-Assesment If you are examined as ‘not yet skilled’ in a subject (you did not pass it), you will have a possibility to compose one re-assessment, which is only a summative last exam with a pass mark of 60% (no PoE needed– the exam counts totally towards your grade).
You should finish the re-assessment within 12 months of your original summative evaluation date. We do suggest you compose your re-assessments as quickly as you can, as subject content does change. If you miss your re-assessment, or you are ‘not yet competent’ in it, you cannot renovate it. You will need to re-enter for the subject and begin it over by completing a new PoE.
When do I get my Portfolio of Evidence?
Your PoE will appear 3-4 weeks after the ICB gets your exam entry for a particular subject.
How many Portfolios will I get?
You’ll get one PoE per subject per exam. Each PoE is tailored to that specific topic. Distance learning trainees will get their Portfolios directly.
What must I do when I get my PoE?
Analyze that your private details on the cover are right. Let you’re your college/the ICB understand As Soon As Possible if anything is wrong.
Go through the entire PoE and fill in information where you are asked to.
What’s inside my PoE?
Your ICB Portfolio Administration Guide
This is your vital overview of studying your ICB topic!
Your ICB Administration Guide informs you exactly what to do throughout your ICB research studies. It goes over methods to complete your PoE, and consists of great deals of types you have to complete.
Overcome it step by step and follow all the instructions in it, and you’ll be on track for success!
ICB Tests and projects
For each subject, the ICB sets 3 Assignments and 2 Tests that help you to examine your understanding during your studies.
Distance learning students will discover ICB Tests and Projects in their PoE when it gets here.
Classroom-based trainees will get their ICB Projects in their Portfolios, and their ICB Tests will be provided by their lecturers during their research studies.
You’ll similarly discover blank answer books in your PoE for you to compose the answers to your ICB Tests and Projects in.
Why is my PoE so vital?
The ICB finding experience is distinct– our scholastic group has actually created it to provide you the absolute best possible opportunity of discovering successfully and passing your topic the very first time.
Nevertheless it’s not practically passing the test Our approach ensures you get a deep and comprehensive understanding of your course items.
So you don’t simply get a credentials– you get skills that you can make use of in your task from day 1.
When do I hand in my PoE?
A couple of days prior to your last examination, go through the list in your ICB Portfolio Administration Guide and ensure you have really done and consisted of everything. Make a copy of our entire PoE as a backup.
Take your finished PoE to your last test. You’ll hand it there in.
Your Final test
When you have completed composing your last exam, you need to consist of the exam question and answer documents to your PoE, and hand everything in together. You can not send out the ICB anything else for your PoE after you have actually handed it in.
Sick on exam day?
You can apply for a medical post ponement and you’ll need a medical certificate. Contact your college or the ICB for additional information.
Missed your exam?
If you did not attend your exam, and did not postpone it in time, you’ll need to start the subject over by re-entering for the exam and getting a new PoE.
Everything You Need To Know
Wondering how you ICB course will be graded? It’s easy. 30% of your last mark comes from the activities and examinations you undertake throughout your course. Your Portfolio of Evidence (PoE) is a folder given to you at the start of the course, when you have actually registered for an evaluation with the ICB. You’ll need to put any tasks provided to you along with the tests you take in it. Your PoE is total when your last evaluation is contributed to it at the end of your course.
Your last evaluation will count for the staying 70%– this is your exam. You will need to include it in your PoE, which an ICB-registered assessor will then inspect to see if you really understand your things. You’ll need to get at least 50% for this exam to pass, regardless of your overall mark.
This does not mean that you can slack with your activities and examinations throughout your studies, as they totally prepare you for the final assessment, and also supply evidence of the hard work you’ve.
Exactly what happens if I need to delay an assessment?
Should you have to postpone your ICB exams then you will need to inspect the Evaluation Timetables to see when you have to send postponements by and pay a post ponement fee. There are cut-offs for these for each evaluation cycle so ensure you request a post ponement in time.
If you need to postpone your evaluation due to the fact that you’re ill on the day, you can apply for a free postponement (include a doctor’s certificate with your demand), which might be provided at the ICB’s discretion. Evaluation for topics can be held off once only if we have received your post ponement cost in time.
Outcomes are released about 7 weeks after your examination. See the ICB exam timetables for outcomes launch dates.
Distance learning students will have the ability to get their outcomes on the Trainee Portal, and they will likewise be emailed to you.
Register with a professional body
If you have actually finished a full certification, you can apply to sign up with a professional body like the ICBA.
Exactly what I can do with my ICB qualifications
As well as making you attractive to companies and clients, your ICB qualifications can also lead you to these opportunities:.
Study even more with the ICB
Accredited, trustworthy and recognised qualifications.
All ICB qualifications are registered on the National Qualifications Framework (NQF) by the South African Qualifications Authority (SAQA). Our programs are valued by employers, and our graduates are acknowledged in your area and internationally by several professional bodies. ICB qualifications are modular, which means you can build on them as your studies or career progress. You can likewise certify in another program simply by finishing a couple of more topics. See the table on page 7 for more.
Discover a job
In association with CareerJunction, South Africa’s hugely popular task site, you can search and apply for financial and admin positions at www.icb.org.za/careers.
Study further in other places with credit for your ICB credentials.
The Chartered Institute of Management Accountants (CIMA) and the Association of Chartered Certified Accountants (ACCA) are appreciated, worldwide, accounting professional bodies – locateded in the UK. CIMA and ACCA grant exemptions to the qualifications the ICB uses.
CIMA provides training and qualifications in management accounting. ICB graduates holding the National Diploma: Financial Accounting NQF 6 credentials can apply to CIMA for as much as 6 exemptions. If you hold the ICB’s Certificate: Office Administration NQF 5, you can get 2 exemptions from CIMA.
ACCA is the world’s leading body for professional accounting professionals, with over 110 years of experience, development and excellence. ICB graduates holding the National Diploma: Financial Accounting NQF 6 qualification can study further through ACCA. You will receive up to 6 exemptions to enhance your studies to ending up being a Chartered Certified Accounting professional with ACCA.
Chartered Secretaries Southern Africa provides numerous professional qualifications in this particular field of business governance, and grants exemptions for certain ICB subjects.
Professional Membership Opportunities
Once you have actually finished your studies through the ICB, there are several regional and worldwide professional bodies that you can apply to for professional membership.
The ICBA is the sister organisation of the ICB and grants membership … at a number of levels based upon your qualification( s) and work experience. The ICBA identifies all the ICB’s present qualifications, along with other relevant qualifications that are registered on the South African National Qualifications Framework. Foreign qualifications are likewise acknowledged, as long as they have been examined by SAQA.
If you wish to register as a tax practitioner, you’ll need to become a member of SAIT. SAIT recognises the ICB’s FET Certificate: Bookkeeping, and the National Diploma: Technical Financial Accounting qualifications. Students who sign up with SAIT with the FET Certificate: Bookkeeping credentials need to update this to the National Diploma: Technical Financial Accounting within a year of becoming a member. SAIT has several other membership requirements– please call them for information.
Last Updated : June 26 2017