Business Management jobs and salaries



Business Management Salary


Many students pursue business management studies in the expectation that they will have the ability to earn big salaries once they begin working. Business management is usually called a financially rewarding career path, yet not all business managers earn great salaries. Studying a business management course will assist you get good position in a business job with a great salary. There are many components that impact earning capacity in business management field.


The average spend for a Business Manager is R379,565 annually. The highest paying abilities related to this job are Strategic Project Management and Business Strategy.


Will I make a huge salary by working in business management?


If you follow a career in business management, the opportunities are high that you will have good earning capacity. However, you have to remember that you will have to work your way up the ranks. It typically takes years of practical working experience prior to you have the ability to make your preferred salary.


Whether you earn a big salary or not will depend on a series of aspects. It will likewise depend upon your own definition of a “huge salary”.


What factors influence the size of a business manager’s salary?

The size of your salary is most likely to be affected by the following factors:


– The size of the business for which you work.

– The amount of experience you have.

– The industry in which you work.

– The type of company for which you work.

– The skills and qualifications that you have.

– The tasks and duties related to your position.

– The level of seniority of your position.

– The other advantages and rewards connected with your position.


There are numerous things you can do to work towards a career in business management. The primary step is to discover an ideal business management course at a recognized college. Skills Academy, for instance, provides a variety of business management courses via distance learning.


In addition to studying an appropriate course, you can do the following to increase your possibilities of success in the world of business management:


– Work as a volunteer or intern to acquire valuable practical experience in business environment.

– Ask an experienced business manager to be your mentor.

– Participate in seminars and workshops that deal with subjects relating to business management.

– Subscribe to established business magazines and business journals.

– Network with other business specialists.


Business management jobs


All organisations need qualified people in management.


The following types of organisations are basic examples:


– Production companies

– Service companies

– Retailers.

– Logistics and Supply Chain Manager Financial institutions.

– Own business.

– Business Analyst.

– Operations Manager General Supervisor.

– Compliance Officer.

– Management Specialist.


The Institute of Certified Bookkeepers


The Institute of Certified Bookkeepers is a Professional Body that has in fact existed because 1931. In South Africa the functions of professional bodies utilize to integrate both Professional Membership as well as Education and Training. Nevertheless, academic policies and laws in the last few years made these bodies split those functions.

Hence, 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 exclusively dealing with Academics, is an acknowledged Quality Assurance Partner of FASSET. FASSET is the Sector Education and Training Authority for Financing, Accounting, Management Consulting and other Financial Providers).


This suggests that the ICB is authorized by FASSET to acknowledge training companies. Serve as the evaluation (exams) body for the ICB courses, utilized by training business certified by them.


Presently the QCTO (the Quality Council for Trades and Occupations) remains in the procedure of dealing with the responsibility for all SETAs. That suggests that FASSET “falls under” the QCTO. This may have some result on the information of the accreditation process in the future. Both FASSET and the QCTO are bodies developed in regards to an Act of



The ICB, under authority of FASSET (and quickly under authority of the QCTO), is accountable for the quality assurance and evaluations (evaluations) 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 recognized by SAQA as a Professional Body and for the registration of 7 professional classifications on the National Qualifications Framework (NQF).

Normally a trainee would study ICB qualifications, and on the strength of their qualifications, in addition to working experience, and sticking to a professional standard operating procedure, have the capability to get Membership.


The main goal of the ICBA is to supply professional membership to Junior and Senior Accountants, 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.


Exactly what are the advantages of studying business management?


Management entails a broad ability that can benefit you in any workplace.


Here are some of the advantages of studying business management:


– You will get a great grasp of the truths of business world.

– You will learn about the Value of teamwork.

– You will discover ways to handle individuals.

– You will find out about entrepreneurship.

– You will be able to integrate your business management knowledge and abilities with a range of other abilities in order to pursue various career paths.

– You will discover various aspects of running your own business.

– You will gain a better understanding of what to get out of employees.

– You will find out more about organizations and how they are structured.

– You will learn the best ways to interact better on a professional level.


Learn the best ways to make a business succeed!


This program is just the ticket if you have ambitions of handling a business and its finances.

Excellent business management is vitally important for a business’s industrial success. In this ICB programme, you’ll learn about business and financial management finest practices, office and legal practice, human resource management, computer system literacy, global business strategy and research techniques in commerce.


Your very first certification in simply 3 subjects


You can accomplish the ICB Business Management: Foundation Level after completing simply 3 topics (and achieve the National Certificate: Small Business Financial Management). Continue your studies to advance to the Intermediate and Advanced Levels, and their associated nationally acknowledged qualifications.

Business Management jobs

Foundation Level

National Certificate

Small Business Financial Management


NQF Level.

( NQF L4 – SAQA ID 48736, total credits: 120).



9 months.


Entry requirements.

Grade 11 (Std 9) or comparable.




  1. Business Management 1 (BMT1).
  2. Bookkeeping to Trial Balance (BKTB).
  3. 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 be able to do


Show an understanding of the paperwork, processing and recording of a business’s financial deals. Interact effectively with business stakeholders. Show that you know what it suggests to be a basic manager. Cost and price products and handle working capital. Operate a desktop computer.


Intermediate Level

Higher Certificate

Office Administration


NQF Level.

( NQF L5 – SAQA ID 23619, total cumulative credits: 240).



+15 months.


Entry requirements.

National Certificate: Small Business Financial Management (should consist of the Business Management 1 topic).




  1. Office and Legal Practice (OLPR).
  2. Business Management 2 (BMT2).
  3. Marketing Management and Public Relations (MMPR).
  4. Financial Statements (FNST).
  5. 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 Manager, Client service Supervisor.


Exactly what I’ll be able to do


Manage your diary and work schedule as a manager. Operate effectively as a basic office supervisor of a business. Apply marketing, law, PR, and economics principles in business. Prepare and analyze monetary statements and reports. Work effectively with the HR and labour relations departments. Apply business growth principles for local and international growth.


Advanced Level

National Diploma

Financial Accounting


NQF Level.

( NQF L6 – SAQA ID 20366, total cumulative credits: 280).



+12 months.


Entry requirements.

Higher Certificate: Office Administration (need to include business Management 2 subject).




  1. Business Management 3 (BMT3).
  2. Financial Management and Control (FMCL).
  3. Financial Reporting and Regulatory Frameworks (FRRF).
  4. Research Theory and Practice (by brief dissertation, subject: Business Management) (RTAP).


What my title can be


Financial Accountant, Accounting Officer (via SAIBA if you fulfill their requirements). Field/Floor/Store/ Department Supervisor, Key Account Manager, Business Manager, Business Consultant, Business Consultant, Service or Sales Supervisor.


Exactly what I’ll be able to do


Work with management details systems at a corporate level. Prepare a business for internal/external audit. Apply concepts of tactical intent and tactical thinking in an international business environment. Apply supervisory finance and control concepts in a commercial environment. Draw up and translate monetary declarations and reports in accordance with IFRS.



Test Dates and Venues


Class trainees: Most of the colleges hold exams on-site monthly, so examine 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 assessments costs as early as possible, so we can send you your PoE ASAP. Your PoE is an extraordinary tool to assist you study. Do not leave it to the eleventh hour or you’ll actually be disadvantaging yourself!


Go into for an ICB exam


Class students will do this through their colleges.


Distance learning trainees will enter upon the ICB Trainee Website online.

Select your qualifications initially. Then choose he topics, exam dates and areas for your assessments, and send your test entry together with the needed charge. All students will get an e-mail verifying their examination entries.


How does ICB examination work?


When you register to study an ICB course, you’ll also need to register to be analyzed for it. This is so that they can identify at the end of it whether you know and comprehend the course material well enough to pass. Each ICB program is developed to have particular outcomes. These outcomes 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 evaluation policy.

Each outcome requires a particular quantity of time for you to achieve it. These hours are represented by credits. As specified by the South African Qualifications Authority (SAQA), and the ICB assessment policy, 1 credit equals 10 notional hours. Notional learning hours are considered to be the time taken by the average trainee to attain the defined learning results.


Exactly what occurs if I fail my ICB exam?


Don’t panic if you do not pass very first time, you can get a 2nd opportunity, With an ICB Re-Assesment If you are evaluated as ‘not yet proficient’ in a subject (you did not pass it), you will have a chance to compose one re-assessment, which is just a summative last exam with a pass mark of 60% (no PoE required– the exam counts completely towards your grade).


You need to 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 material does change. If you miss your re-assessment, or you are ‘not yet proficient’ in it, you cannot redo it. You will need to re-enter for the subject and start it over by finishing a 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 specific topic.


How many Portfolios will I get?


You’ll get one PoE per subject per exam. Each PoE is customized to that specific subject.


Distance learning students will get their Portfolios straight.


Exactly what must I do when I get my PoE?


Examine that your specific information on the cover are right. Let you’re your college/the ICB comprehend As Soon As Possible if anything is wrong.


Go through the entire PoE and fill in details where you are asked to.


Exactly what’s inside my PoE?


Your ICB Portfolio Administration Guide


This is your essential overview of studying your ICB subject!


Your ICB Administration Guide tells you precisely what to do throughout your ICB research

studies. It discusses methods to complete your PoE, and includes great deals of types you need to complete.


Overcome 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 topic, the ICB sets 3 Assignments and 2 Tests that help you to examine your knowledge during your studies.


Distance learning students will discover ICB Tests and Assignments in their PoE when it gets here.


Classroom-based students will get their ICB Projects in their Portfolios, and their ICB Tests will be used by their speakers throughout their research studies.


Answer Books


You’ll likewise discover blank answer books in your PoE for you to compose the answers to your ICB Tests and Assignments in.


Why is my PoE so important?


The ICB finding experience is unique– our scholastic team has developed it to offer you the absolute best possible possibility of discovering effectively and passing your subject the first time.


However it’s not almost passing the test Our approach ensures you get a deep and comprehensive understanding of your course items.


So you don’t merely get a credentials– you gain abilities that you can use in your task from day 1.


When do I hand in my PoE?


A number 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 included everything. Make a copy of our whole PoE as a backup.


Take your ended up PoE to your last test. You’ll hand it there in.


Your Last test


When you have finished composing your final exam, you should include the exam concern and response documents to your PoE, and hand everything in together. You can not send 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 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 postpone it in time, you’ll need to start the topic 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 simple. 30% of your last mark comes from the activities and assessments you carry out during your course. Your Portfolio of Evidence (PoE) is a folder given to you at the start of the course, when you’ve registered for an assessment with the ICB. You’ll need to put any tasks offered to you along with 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 last 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 examine to see if you actually know your things. You’ll have to get at least 50% for this exam to pass, no matter your overall mark.


This doesn’t indicate 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 hard work you’ve.


Exactly what happens if I need to postpone an assessment?


Ought to you need to postpone your ICB exams then you will need to check the Assessment Timetables to see when you need to send postponements by and pay a post ponement fee. There are cut-offs for these for each assessment cycle so ensure you ask for a postponement in time.


If you have to postpone your evaluation because you’re ill on the day, you can apply for a totally free post ponement (consist of a physician’s certificate with your request), which might be released at the ICB’s discretion. Assessment for subjects can be postponed once only if we have received your post ponement charge in time.




Outcomes are launched about 7 weeks after your examination. See the ICB exam timetables for results launch dates.


Distance learning trainees will have the ability to get their outcomes on the Student Website, and they will also be emailed to you.


Register with a professional body


If you have really 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 employers and clients, your ICB qualifications can likewise lead you to these opportunities:


Study even more with the ICB


Accredited, trustworthy and recognised qualifications


All ICB qualifications are signed up on the National Qualifications Framework (NQF) by the South African Qualifications Authority (SAQA). Our programmes are valued by companies, and our graduates are identified locally and worldwide by several professional bodies. ICB qualifications are modular, which implies you can build on them as your studies or career development. You can likewise qualify in another program just by completing a few more topics. See the table on page 7 for more.


Find a job


In association with CareerJunction, South Africa’s extremely popular task website, you can search and apply for monetary and admin positions at


Study even more somewhere else with credit for your ICB qualification

The Chartered Institute of Management Accountants (CIMA) and the Association of Chartered Certified Accountants (ACCA) are appreciated, global, accounting professional bodies – locateded in the UK. CIMA and ACCA grant exemptions to the qualifications the ICB provides.


CIMA uses training and qualifications in management accounting. ICB graduates holding the National Diploma: Financial Accounting NQF 6 certification can apply to CIMA for approximately 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, development and quality. ICB graduates holding the National Diploma: Financial Accounting NQF 6 credentials can study even more through ACCA. You will get as much as 6 exemptions to advance your studies towards ending up being a Chartered Certified Accountant with ACCA.


Chartered Secretaries Southern Africa offers numerous professional qualifications in this particular field of business governance, and grants exemptions for certain ICB topics.


Professional Membership Opportunities


As soon as you’ve finished your studies through the ICB, there are a number of regional and international 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 credentials(s) and work experience. The ICBA recognises all the ICB’s current qualifications, in addition to other pertinent qualifications that are signed up on the South African National Qualifications Framework. Foreign qualifications are also recognised, as long as they have actually been evaluated by SAQA.


If you wish to sign up as a tax professional, you’ll have 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 certification must upgrade 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 information.





business management career options

Last Updated : July 5 2017