Do you want a ICB Business management Diploma?
The ICB provides a totally certified business management courses that will give you your ICB business management diploma.
Here are some of the qualifications you might get:
– National Certificate: Small Business Financial Management
– Higher Certificate: Office Administration
– National Diploma: Financial Accounting
Why Study for a ICB Business Management diploma?
The objectives of any business may include making a profit, keeping stability, and producing
employment opportunities. People who study business courses are provided the opportunity to learn about handling organisations of various sizes. They likewise learn about the relationships between organisations and the communities that they serve. Studying a business management course might assist you on your way to becoming a leader in business environment.
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 utilize to integrate both Professional Membership along with Education and Training. However, scholastic regulations and laws recently made these bodies split those functions.
Therefore, the historic ICB was divided into a Professional Body and an Academic Body in 2015. The educational body continues under the name Institute of Certified Bookkeepers.
The (new) ICB, that is the body entirely managing Academics, is an acknowledged Quality Assurance Partner of FASSET. FASSET is the Sector Education and Training Authority for Funding, Accounting, Management Consulting and other Financial Services).
This recommends that the ICB is licensed by FASSET to acknowledge training business. Serve as the assessment (exams) body for the ICB courses, utilized by training companies certified by them.
Presently the QCTO (the Quality Council for Trades and Occupations) is in the process of handling the responsibility for all SETAs. That indicates that FASSET “falls under” the QCTO. This might have some effect on the information 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 quickly under authority of the QCTO), is liable for the quality control and examinations (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).
Typically a student would study ICB qualifications, and on the strength of their qualifications, along with working experience, and adhering to a professional guideline, have the ability 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 Trainee Subscription of the ICBA.
Where will I have the ability to work after studying for a ICB Business management diploma?
All companies require qualified people in management.
The list below types of companies are basic examples:
– Production businesses
– Service companies
– Retailers.
– Logistics and Supply Chain Supervisor Financial institutions.
– Own business.
– Business Analyst.
– Operations Manager General Supervisor.
– Compliance Officer.
– Management Specialist.
Exactly what are the advantages of studying for a ICB business management diploma?
Management requires a broad capability 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 the business world.
– You will learn about the Significance of teamwork.
– You will find out the best ways to manage people.
– You will learn about entrepreneurship.
– You will be able to combine your business management knowledge and abilities with a range of other abilities in order to pursue various career courses.
– You will learn more about different aspects of running your own business.
– You will acquire a better understanding of what to anticipate from employees.
– You will find out more about companies and how they are structured.
– You will find out the best ways to interact more effectively on a professional level.
Learn the best ways to make a business prosper!
This programme hits the spot if you have ambitions of handling a business and its finances.
Good business management is critically important for a business’s industrial success. In this ICB programme, you’ll discover business and financial management best practices, office and legal practice, human resource management, computer system literacy, global business method and research techniques in commerce.
Your very first qualification in simply 3 subjects
You can accomplish the ICB Business Management: Foundation Level after completing just 3 topics (and accomplish the National Certificate: Small Business Financial Management). Continue your studies to advance to the Intermediate and Advanced Levels, and their associated nationally acknowledged 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.
Topics
- 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, client relations. Junior Scientist, Junior Expert, Sales Assistant.
What I’ll have the ability to do
Show an understanding of the documentation, processing and recording of a business’s
financial transactions. Communicate effectively with business stakeholders. Show that you understand what it implies to be a basic manager. Expense and cost items and manage working capital. Run a computer.
Intermediate Level
Higher Certificate
NQF Level.
( NQF L5 – SAQA ID 23619, total cumulative credits: 240).
Duration.
+15 months.
Entry requirements.
National Certificate: Small Business Financial Management (must include business Management 1 subject).
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 Manager, Human Resources Supervisor, Labour Relations Manager, Field/Floor/Store/ Department Manager, Customer Service Supervisor.
What I’ll be able to do
Manage your diary and work schedule as a manager. Operate effectively as a general office manager of a business. Apply marketing, law, PR, and economics principles in business. Prepare and translate financial declarations and reports. Work efficiently with the HR and labour relations departments. Apply business growth principles for regional and global expansion.
Advanced Level
National Diploma
NQF Level.
( NQF L6 – SAQA ID 20366, total cumulative credits: 280).
Period.
+12 months.
Entry requirements.
Higher Certificate: Office Administration (need to include business Management 2 subject).
Subjects
- Business Management 3 (BMT3).
- Financial Management and Control (FMCL).
- Financial Reporting and Regulatory Frameworks (FRRF).
- Research Theory and Practice (by brief dissertation, subject: Business Management) (RTAP).
What my title can be
Financial Accountant, Accounting Officer (by means of SAIBA if you meet their criteria). Field/Floor/Store/ Department Manager, Key Account Supervisor, Business Manager, Business Consultant, Business Consultant, Service or Sales Manager.
What I’ll have the ability to do
Deal with management details systems at a corporate level. Prepare a business for internal/external audit. Apply concepts of tactical intent and strategic thinking in a worldwide business environment. Apply managerial finance and control concepts in an industrial environment. Prepare and translate financial declarations and reports in accordance with IFRS.
Test Dates and Venues
Class students: The majority of the colleges hold exams on-site monthly, so check what your college’s schedule is.
Distance learning trainees can go into the ICB tests in February, May, July, September and
November. Tests happen 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 truly be disadvantaging yourself!
Enter for an ICB exam
Classroom students will do this through their colleges.
Distance learning students will enter upon the ICB Trainee Website online.
Select your qualifications at first. Then choose he topics, exam dates and locations for your examinations, and send your test entry together with the needed fee. 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 need to sign up to be examined for it. This is so that they can determine at the end of it whether you know and understand the course product all right to pass. Each ICB programme is developed to have particular results. These outcomes are things that you will be able to do and understand as a result of your studies. This is the most important part of the ICB assessment policy.
Each result requires a certain 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 learning hours are thought about to be the time taken by the typical student to achieve the specified learning results.
Exactly what occurs if I fail my ICB exam?
Do not panic if you do not pass first time, you can get a 2nd chance, 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 only a summative final exam with a pass mark of 60% (no PoE needed– the exam counts totally towards your grade).
You need to finish the re-assessment within 12 months of your initial summative assessment
date. We do suggest you compose your re-assessments as quickly as you can, as subject content does alter. If you miss your re-assessment, or you are ‘not yet qualified’ 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 subject.
How many Portfolios will I get?
You’ll get one PoE per subject per exam. Each PoE is tailored to that specific subject.
Distance learning students will get their Portfolios straight.
Exactly what must I do when I get my PoE?
Take a look at that your specific info on the cover are right. Let you’re your college/the ICB comprehend ASAP if anything is wrong.
Go through the whole PoE and fill in information 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 topic!
Your ICB Administration Guide informs you exactly what to do throughout your ICB research studies. It goes over methods to finish your PoE, and contains great deals of types you need to finish.
Conquer it step by step and follow all the instructions 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 assist you to evaluate your knowledge during your studies.
Distance learning trainees will discover ICB Tests and Assignments 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.
Answer Books
You’ll also discover blank answer books in your PoE for you to make up the answers to your ICB Tests and Assignments in.
Why is my PoE so vital?
The ICB finding experience is special– our scholastic team has actually developed it to provide you the very best possible chance of learning successfully and passing your topic the very first time.
However it’s not almost passing the test Our approach ensures you get a deep and comprehensive understanding of your course products.
So you don’t just get a certification– you get abilities that you can make use of in your task
from day 1.
When do I hand in my PoE?
A couple of days before your last examination, go through the list in your ICB Portfolio Administration Guide and make certain you have actually 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 Final test
When you have actually finished composing your final exam, you must consist of the exam concern 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 handed it in.
Sick on exam day?
You can apply for a medical postponement and you’ll require a medical certificate. Contact
your college or the ICB for more details.
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 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 easy. 30% of your final mark comes from the activities and evaluations you undertake during your course. Your Portfolio of Evidence (PoE) is a folder offered to you at the start of the course, as soon as you’ve signed up for an evaluation with the ICB. You’ll need to put any assignments provided to you as well as 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 final assessment 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 really understand your stuff. You’ll need to get at least 50% for this exam to pass, despite your overall mark.
This does not indicate that you can slack with your activities and evaluations throughout your studies, as they completely prepare you for the final assessment, and also provide evidence of the effort you have actually.
What takes place if I need to hold off an evaluation?
Must you have to postpone your ICB exams then you will have to check the Evaluation 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 certain you request a post ponement in time.
If you have to delay your evaluation 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 released at the ICB’s discretion. Evaluation for subjects can be held off once only if we have received your postponement fee in time.
Results
Results are released about 7 weeks after your examination. See the ICB exam schedules for outcomes release dates.
Distance learning trainees will be able to get their outcomes on the Trainee Portal, and they will likewise be emailed to you.
Register with a professional body
If you have in fact finished a complete accreditation, you can apply to join a professional body like the ICBA.
What I can do with my ICB qualifications
As well as making you appealing to employers and customers, your ICB qualifications can also lead you to these chances:.
Study further with the ICB
Accredited, credible and identified 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 acknowledged locally and internationally by numerous professional bodies. ICB qualifications are modular, which means you can build on them as your studies or career development. You can also certify in another programme just by finishing a couple of more subjects. See the table on page 7 for more.
Discover a task
In association with CareerJunction, South Africa’s hugely popular job site, you can browse
and apply for financial and admin positions at www.icb.org.za/careers.
Study even more elsewhere with credit for your ICB certification.
The Chartered Institute of Management Accountants (CIMA) and the Association of Chartered Certified Accountants (ACCA) are respected, worldwide, accounting professional bodies – locateded in the UK. CIMA and ACCA grant exemptions to the qualifications the ICB offers.
CIMA uses training and qualifications in management accounting. ICB graduates holding the National Diploma: Financial Accounting NQF 6 qualification can apply to CIMA for up to 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, innovation and excellence. ICB graduates holding the National Diploma: Financial Accounting NQF 6 credentials can study further through ACCA. You will get as much as 6 exemptions to further your studies towards ending up being a Chartered Certified Accountant with ACCA.
Chartered Secretaries Southern Africa offers several professional qualifications in this particular field of business governance, and grants exemptions for certain ICB topics.
Professional Membership Opportunities
As soon as you’ve completed your studies through the ICB, there are a number of 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 on your credentials( s) and work experience. The ICBA identifies all the ICB’s existing qualifications, as well as other appropriate qualifications that are signed up on the South African National Qualifications Framework. Foreign qualifications are also recognised, as long as they have been examined by SAQA.
If you wish to register as a tax specialist, you’ll have to become a member of SAIT. SAIT acknowledges 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 should update this to the National Diploma: Technical Financial Accounting within a year of ending up being a member. SAIT has a number of other membership criteria– please call them for information.
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Last Updated : July 18 2017