Need to know what business management career options you can enter into after studying?
All services require qualified people in management.
The following kinds of companies are general business management career options you can enter into:
– Manufacturing services
– Service companies
– Retailers.
– Logistics and Supply Chain Manager Banks.
– Own business.
– Business Analyst.
– Operations Manager General Manager.
– Compliance Officer.
– Management Expert.
– Human resources officer.
– Marketing executive.
– Sales executive.
– Systems analyst.
Why Study for a Business Management career?
People who study business courses are provided the opportunity to discover handling organisations of numerous sizes. They likewise discover the relationships between businesses and the communities that they serve. Studying a business management course may assist you on your way to becoming a leader in business environment. The ICB offers a fully recognized business management course programme.
The Institute of Certified Bookkeepers
The Institute of Certified Bookkeepers is a Professional Body that has really existed due to the fact that 1931. In South Africa the functions of professional bodies utilize to integrate both Professional Membership as well as Education and Training. Nevertheless, academic regulations and laws in recent years made these bodies split those functions.
Therefore, the historical 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 (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 Financing, Accounting, Management Consulting and other Financial Solutions).
This recommends that the ICB is licensed by FASSET to recognize training companies. Act as the examination (exams) body for the ICB courses, utilized by training companies recognized by them.
Presently the QCTO (the Quality Council for Trades and Occupations) is in the process of handling the obligation for all SETAs. That indicates that FASSET “falls under” the QCTO. This may have some impact on the details of the accreditation procedure in the future. Both FASSET and the QCTO are bodies established in regards to an Act of Parliament.
The ICB, under authority of FASSET (and quickly under authority of the QCTO), is liable for the quality assurance 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 classifications on the National Qualifications Framework (NQF).
Generally a student would study ICB qualifications, and on the strength of their qualifications, in addition to working experience, and sticking to a professional guideline, have the ability to get Membership.
The primary goal of the ICBA is to provide professional membership to Junior and Senior Accounting professionals, in addition to Junior Accountants and Financial Accountants, in addition to Office Administrators. As an ICB trainee, you can get Student Subscription of the ICBA.
What are the benefits of business management career options?
Management entails a broad skill set that can benefit you in any workplace.
Here are a few of the benefits of studying business management:
– You will gain a great grasp of the realities of the business world.
– You will learn about the Importance of teamwork.
– You will discover ways to handle individuals.
– You will learn about entrepreneurship.
– You will be able to integrate your business management knowledge and abilities with a series of other abilities in order to pursue different career courses.
– You will learn more about different elements of running your very own business.
– You will acquire a better understanding of exactly what to get out of employees.
– You will find out more about companies and how they are structured.
– You will learn the best ways to connect more effectively on a professional level.
Find out how to make a business be successful!
This programme hits the spot if you have ambitions of handling a business and its finances.
Good business management is critically important for a company’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, international business method and research approaches in commerce.
Your first qualification in just 3 topics
You can attain the ICB Business Management: Foundation Level after completing just 3 topics (and accomplish the National Certificate: Small Business Financial Management). Continue your studies to progress to the Intermediate and Advanced Levels, and their associated nationally recognized qualifications.
Foundation Level
National Certificate
Small Business Financial Management
NQF Level.
( NQF L4 – SAQA ID 48736, total credits: 120).
Period.
9 months.
Entry requirements.
Grade 11 (Std 9) or equivalent.
Subjects
- 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, customer relations. Junior Researcher, Junior Expert, Sales Assistant.
What I’ll have the ability to do
Show an understanding of the documents, processing and recording of a business’s financial deals. Communicate successfully with business stakeholders. Show that you understand exactly what it means to be a general manager. Cost and rate items and handle working capital. Operate a personal computer.
Intermediate Level
Higher Certificate
Office Administration
NQF Level.
( NQF L5 – SAQA ID 23619, total cumulative credits: 240).
Duration.
+15 months.
Entry requirements.
National Certificate: Small Business Financial Management (should include the Business Management 1 topic).
Subjects
- 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 Supervisor, Human Resources Supervisor, Labour Relations Manager, Field/Floor/Store/ Department Supervisor, Customer support Supervisor.
Exactly what I’ll be able to do
Handle your diary and work schedule as a manager. Operate efficiently as a basic office manager of a business. Apply marketing, law, PR, and economics principles in business. Draw up and interpret financial statements and reports. Work efficiently with the HR and labour relations departments. Apply business growth principles for local and worldwide expansion.
Advanced Level
National Diploma
Financial Accounting
NQF Level.
( NQF L6 – SAQA ID 20366, total cumulative credits: 280).
Duration.
+12 months.
Entry requirements.
Higher Certificate: Office Administration (should consist of business Management 2 subject).
Topics
- Business Management 3 (BMT3).
- Financial Management and Control (FMCL).
- Financial Reporting and Regulatory Frameworks (FRRF).
- Research Theory and Practice (by short argumentation, subject: Business Management) (RTAP).
What my title can be
Financial Accountant, Accounting Officer (through SAIBA if you satisfy their criteria). Field/Floor/Store/ Department Supervisor, Key Account Manager, Business Supervisor, Business Specialist, Business Consultant, Service or Sales Supervisor.
What I’ll be able to do
Deal with management details systems at a corporate level. Prepare a business for internal/external audit. Apply concepts of strategic intent and tactical thinking in a global business environment. Apply supervisory finance and control concepts in a business environment. Prepare and interpret financial statements and reports in accordance with IFRS.
Test Dates and Venues
Class students: The majority of the colleges hold exams on-site monthly, so examine exactly what your college’s schedule is.
Distance learning students can get in the ICB tests in February, May, July, September and November. Tests take place at the ICB approved assessment centres around southern Africa.
Pay your ICB registration and evaluations fees 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!
Enter for an ICB exam
Class trainees will do this through their colleges.
Distance learning trainees will enter upon the ICB Trainee Website online.
Select your qualifications at first. Then select he topics, exam dates and places for your evaluations, and send your test entry along with the required charge. All trainees will get an e-mail confirming their examination entries.
How does ICB examination work?
When you register to study an ICB course, you’ll also need to sign up to be taken a look at for it. This is so that they can figure out at the end of it whether you understand and comprehend the course material well enough to pass. Each ICB program is developed to have specific outcomes. These results are things that you will have the ability to do and understand as a result of your studies. This is the most essential part of the ICB assessment policy.
Each result needs 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 equates to 10 notional hours. Notional knowing hours are thought about to be the time taken by the average trainee to achieve the specified knowing outcomes.
What occurs if I fail my ICB exam?
Do not panic if you do not pass very first time, you can get a second chance, With an ICB Re-Assesment If you are assessed as ‘not yet skilled’ in a subject (you did not pass it), you will have an opportunity to write one re-assessment, which is just a summative final exam with a pass mark of 60% (no PoE needed– the exam counts completely to your grade).
You need to finish the re-assessment within 12 months of your original summative assessment date. We do advise you compose your re-assessments as soon as you can, as subject material does alter. If you miss your re-assessment, or you are ‘not yet proficient’ in it, you cannot redo it. You will need to return to for the subject and start it over by finishing a brand-new PoE.
When do I get my Portfolio of Evidence?
Your PoE will show up 3-4 weeks after the ICB gets your exam entry for a particular topic.
How many Portfolios will I get?
You’ll get one PoE per subject per exam. Each PoE is personalized to that specific subject. Distance learning students will get their Portfolios straight.
Exactly what must I do when I get my PoE?
Analyze that your individual info on the cover are right. Let you’re your college/the ICB comprehend ASAP 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 crucial introduction of studying your ICB subject!
Your ICB Administration Guide informs you exactly what to do throughout your ICB research studies. It goes over ways to finish your PoE, and contains lots of types you have to complete.
Conquer it step by step and follow all the directions in it, and you’ll be on track for success!
ICB Tests and tasks
For each subject, the ICB sets 3 Tasks and 2 Tests that assist you to assess your understanding during your studies.
Distance learning trainees will discover ICB Tests and Projects in their PoE when it gets here.
Classroom-based students will get their ICB Projects in their Portfolios, and their ICB Tests will be offered by their lecturers throughout their research studies.
Answer Books
You’ll also find blank response books in your PoE for you to compose the answers to your ICB Tests and Tasks in.
Why is my PoE so important?
The ICB discovering experience is special– our scholastic group has developed it to use you the best possible chance of finding out effectively and passing your subject the very first time.
Nevertheless it’s not practically passing the test Our method guarantees you get a deep and comprehensive understanding of your course items.
So you don’t simply get a certification– you gain abilities 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 make sure you have in fact done and consisted of everything. Make a copy of our entire PoE as a backup.
Take your completed PoE to your last test. You’ll hand it there in.
Your Last test
When you have actually completed composing your last exam, you should consist of the exam concern and answer documents to your PoE, and hand everything in together. You can not send the ICB anything else for your PoE after you have handed it in.
Sick on exam day?
You can apply for a medical post ponement and you’ll require 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 delay it in time, you’ll need to start the subject over by returning to for the exam and getting a brand-new PoE.
Everything You Had to Know
Wondering how you ICB course will be graded? It’s simple. 30% of your last mark originates from the activities and evaluations you carry out throughout your course. Your Portfolio of Evidence (PoE) is a folder given to you at the start of the course, when you’ve signed up for an assessment with the ICB. You’ll have to put any projects offered to you in addition to the tests you take in it. Your PoE is complete when your final assessment is contributed to it at
the end of your course.
Your final evaluation will count for the staying 70%– this is your exam. You will have to include it in your PoE, which an ICB-registered assessor will then inspect to see if you truly understand your things. You’ll need to get at least 50% for this exam to pass, despite your general mark.
This doesn’t mean that you can slack with your activities and evaluations during your studies, as they fully prepare you for the final evaluation, and also offer evidence of the effort you’ve.
Exactly what takes place if I have to postpone an assessment?
Should you need to postpone your ICB exams then you will have to check the Assessment Timetables to see when you have to submit posts ponement by and pay a post ponement cost. There are cut-offs for these for each evaluation cycle so make sure you request a postponement in time.
If you have to postpone your assessment due to the fact that you’re ill on the day, you can apply for a totally free postponement (consist of a medical professional’s certificate with your demand), which might be issued at the ICB’s discretion. Assessment for subjects can be held off once only if we have received your post ponement charge in time.
Outcomes
Outcomes are launched about 7 weeks after your examination. See the ICB exam timetables for results launch dates.
Distance learning students will be able to get their outcomes on the Student Website, and they will similarly be emailed to you.
Register with a professional body
If you have actually completed 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
Along with making you appealing to employers and clients, your ICB qualifications can also lead you to these opportunities:.
Study even more with the ICB
Accredited, respectable 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 a number of professional bodies. ICB qualifications are modular, which means you can build on them as your studies or career development. You can likewise qualify in another programme just by completing a couple of more subjects. See the table on page 7 for more.
Find a job
In association with CareerJunction, South Africa’s hugely popular task site, you can browse and apply for financial and admin positions at www.icb.org.za/careers.
Study further elsewhere with credit for your ICB qualification
The Chartered Institute of Management Accountants (CIMA) and the Association of Chartered Certified Accounting professionals (ACCA) are respected, global, accounting professional bodies – locateded in the UK. CIMA and ACCA grant exemptions to the qualifications the ICB uses.
CIMA uses 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 accountants, with over 110 years of experience, innovation and excellence. ICB graduates holding the National Diploma: Financial Accounting NQF 6 certification can study further through ACCA. You will receive up to 6 exemptions to enhance your studies to becoming a Chartered Certified Accountant with ACCA.
Chartered Secretaries Southern Africa uses several professional qualifications in this specific field of corporate governance, and grants exemptions for certain ICB subjects.
Professional Membership Opportunities
When you’ve finished your studies through the ICB, there are a number of regional and global professional bodies that you can apply to for professional membership.
The ICBA is the sister organisation of the ICB and grants membership … at a variety of levels based upon your qualification( s) and work experience. The ICBA identifies all the ICB’s current qualifications, along with other appropriate qualifications that are signed up on the South African National Qualifications Framework. Foreign qualifications are also acknowledged, as long as they have been examined by SAQA.
If you want to sign up as a tax practitioner, you’ll need to become a member of SAIT. SAIT identifies the ICB’s FET Certificate: Bookkeeping, and the National Diploma: Technical Financial Accounting qualifications. Students who register with SAIT with the FET Certificate: Bookkeeping certification should update this to the National Diploma: Technical Financial Accounting within a year of becoming a member. SAIT has numerous other membership criteria– please contact them for details.
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Last Updated : June 19 2017