Want to know what jobs can you get with a Business Management diploma?
All businesses require qualified people in management.
The list below types of organisations are general business management jobs you can get into:
– Production companies
– Service organizations
– Logistics and Supply Chain Manager Financial institutions.
– Own business.
– Business Analyst.
– Operations Manager General Manager.
– Compliance Officer.
– Management Consultant.
– Human resources officer.
– Marketing executive.
– Sales executive.
– Systems analyst.
The Institute of Certified Bookkeepers is a Professional Body that has actually existed since 1931. In South Africa the functions of professional bodies use to incorporate both Professional Membership along with Education and Training. However, academic policies and laws in recent years made these bodies split those functions.
Hence, the historical 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 (brand-new) ICB, that is the body exclusively 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 Providers).
This suggests that the ICB is licensed by FASSET to recognize training companies. Function as the assessment (exams) body for the ICB courses, used by training business certified by them.
Presently 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 information of the accreditation process in the future. Both FASSET and the QCTO are bodies developed in terms of an Act of Parliament.
The ICB, under authority of FASSET (and soon 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 recognized by SAQA as a Professional Body and for the registration of 7 professional classifications on the National Qualifications Framework (NQF).
Usually a trainee would study ICB qualifications, and on the strength of their qualifications, along with working experience, and staying with a professional standard procedure, have the ability to obtain Membership.
The main goal of the ICBA is to supply 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.
Exactly what are the advantages of studying for ICB business management?
Management entails a broad ability that can benefit you in any workplace.
Here are a few of the advantages of studying business management:
– You will get an excellent grasp of the realities of the business world.
– You will find out about the Importance of team effort.
– You will find out the best ways to manage people.
– You will learn about entrepreneurship.
– You will be able to combine your business management understanding and abilities with a series of other abilities in order to pursue different career courses.
– You will find out about numerous elements of running your very own business.
– You will get a better understanding of what to anticipate from staff members.
– You will discover more about companies and how they are structured.
– You will find out the best ways to interact more effectively on a professional level.
Learn 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 vitally important for a company’s industrial success. In this ICB programme, you’ll learn more about business and financial management best practices, office and legal practice, human resource management, computer system literacy, global business method and research methods in commerce.
Your first credentials in simply 3 subjects
You can attain the ICB Business Management: Foundation Level after finishing just 3 topics (and attain the National Certificate: Small Business Financial Management). Continue your studies to progress to the Intermediate and Advanced Levels, and their associated nationally acknowledged qualifications.
( NQF L4 – SAQA ID 48736, overall credits: 120).
Grade 11 (Std 9) or comparable.
- 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 Analyst, Sales Assistant.
What I’ll be able to do
Show an understanding of the paperwork, processing and recording of a business’s financial transactions. Communicate efficiently with the business stakeholders. Show that you know what it implies to be a general manager. Cost and price items and manage working capital. Run a computer.
( NQF L5 – SAQA ID 23619, overall cumulative credits: 240).
National Certificate: Small Business Financial Management (need to consist of business Management 1 topic).
- 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 Manager, Field/Floor/Store/ Department Supervisor, Client service Manager.
What I’ll have the ability to do
Manage your journal 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 analyze financial statements and reports. Work efficiently with the HR and labour relations departments. Apply business development concepts for local and global growth.
( NQF L6 – SAQA ID 20366, total cumulative credits: 280).
Higher Certificate: Office Administration (should 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 short dissertation, subject: 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, Key Account Manager, Business Manager, Business Consultant, Business Advisor, Service or Sales Manager.
Exactly what I’ll have the ability to do
Work with management information systems at a corporate level. Prepare a business for internal/external audit. Apply concepts of tactical intent and strategic thinking in a global business environment. Apply managerial finance and control principles in a business environment. Prepare and analyze 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 what your college’s schedule is.
Distance learning trainees can enter 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 examinations costs as early as possible, so we can send you your PoE ASAP. Your PoE is an incredible 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
Classroom trainees will do this through their colleges.
Distance learning students will enter upon the ICB Student Website online.
Select your qualifications initially. Then select he subjects, exam dates and places for your assessments, and send your test entry in addition to the required charge. All students will get an e-mail verifying their examination entries.
How does ICB examination work?
When you sign up to study an ICB course, you’ll also need to sign up to be examined for it. This is so that they can identify at the end of it whether you know and understand the course material all right to pass. Each ICB programme is created to have specific results. These outcomes are things that you will have the ability to do and comprehend as a result of your studies. This is the most crucial part of the ICB assessment policy.
Each result requires a particular quantity of time for you to accomplish it. These hours are represented by credits. As specified by the South African Qualifications Authority (SAQA), and the ICB evaluation policy, 1 credit equates to 10 notional hours. Notional knowing 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 first time, you can get a 2nd chance, With an ICB Re-Assesment If you are examined as ‘not yet competent’ in a subject (you did not pass it), you will have an opportunity 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 to your grade).
You must finish the re-assessment within 12 months of your original summative evaluation date. We do recommend 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 skilled’ in it, you can’t redo it. You will need to return to for the subject and begin 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 subject.
How many Portfolios will I get?
You’ll get one PoE per subject per exam. Each PoE is personalized to that particular subject.
Distance learning students will get their Portfolios directly.
What must I do when I get my PoE?
Analyze that your private info on the cover are right. Let you’re your college/the ICB understand 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 crucial overview of studying your ICB topic!
Your ICB Administration Guide tells you exactly what to do throughout your ICB research studies. It discusses methods to complete 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 projects
For each topic, 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 Tasks 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 likewise find blank response books in your PoE for you to compose the answers to your ICB Tests and Projects in.
Why is my PoE so crucial?
The ICB discovering experience is distinct– our scholastic group has actually developed it to use you the best possible chance of discovering effectively and passing your subject the first time.
Nevertheless it’s not almost passing the test Our method ensures you get a deep and comprehensive understanding of your course items.
So you don’t just get a credentials– you get abilities that you can utilize in your job from day 1.
When do I hand in my PoE?
A couple of days prior to your last examination, go through the checklist in your ICB Portfolio Administration Guide and make sure you have in fact done and included 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 Last test
When you have completed composing your final exam, you need to consist of the exam question 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 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 to find out more.
Missed your exam?
If you did not attend your exam, and did not postpone it in time, you’ll have to begin 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 easy. 30% of your last mark originates
from the activities and assessments you carry out throughout your course. Your Portfolio of Evidence (PoE) is a folder offered to you at the start of the course, when you’ve registered for an evaluation with the ICB. You’ll need to put any projects provided to you as well as the tests you take in it. Your PoE is total when your final evaluation is contributed to it at the end of your course.
Your final evaluation will count for the remaining 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 actually know your stuff. You’ll need to get at least 50% for this exam to pass, despite your general mark.
This does not suggest that you can slack with your activities and evaluations throughout your studies, as they completely prepare you for the final assessment, as well as offer evidence of the effort you have actually.
What takes place if I need to postpone an evaluation?
Should you need to delay your ICB exams then you will have to inspect the Assessment Timetables to see when you need to send posts ponement by and pay a post ponement fee. There are cut-offs for these for each evaluation cycle so ensure you ask for a postponement in time.
If you need to delay your evaluation due to the fact that you’re ill on the day, you can apply for a complimentary post ponement (include a medical professional’s certificate with your request), which might be released at the ICB’s discretion. Evaluation for subjects can be postponed once only if we have actually received your postponement fee in time.
Results are launched about 7 weeks after your examination. See the ICB exam timetables for results release dates.
Distance learning trainees will be able to get their outcomes on the Student Website, and they will likewise be emailed to you.
Register with a professional body
If you have in fact completed a complete 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 customers, your ICB qualifications can also lead you to these opportunities:.
Study even more with the ICB
Accredited, trusted and identified qualifications.
All ICB qualifications are registered on the National Qualifications Framework (NQF) by the South African Qualifications Authority (SAQA). Our programs 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 progress. You can likewise qualify in another programme just by finishing a couple of more subjects. See the table on page 7 for more.
Discover a job
In association with CareerJunction, South Africa’s hugely popular job website, you can search and apply for financial and admin positions at www.icb.org.za/careers.
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 respected, global, accounting professional bodies – headquartered in the UK. CIMA and ACCA grant exemptions to the qualifications the ICB provides.
CIMA provides 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, development and excellence. ICB graduates holding the National Diploma: Financial Accounting NQF 6 certification can study further through ACCA. You will receive approximately 6 exemptions to enhance your studies towards becoming a Chartered Certified Accounting professional with ACCA.
Chartered Secretaries Southern Africa provides a number of professional qualifications in this particular field of corporate governance, and grants exemptions for certain ICB topics.
Professional Membership Opportunities
Once you have actually finished your studies through the ICB, there are several 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 variety of levels based upon your certification( s) and work experience. The ICBA identifies all the ICB’s current qualifications, as well as other relevant qualifications that are registered on the South African National Qualifications Framework. Foreign qualifications are also recognised, as long as they have actually been assessed by SAQA.
If you wish to register as a tax specialist, you’ll have to end up being 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 certification should update this to the National Diploma: Technical Financial Accounting within a year of ending up being a member. SAIT has several other membership requirements– please call them for information.
Last Updated : July 17 2017