Why Study Business Management courses at ICB?
Business management courses at ICB are the very best option for working individuals who has to earn a wage, however at the same time improve qualifications. The objectives of any business might consist of earning a profit, preserving stability, and creating employment opportunities. People who study business courses are provided the possibility to find out about handling organisations of various sizes. They also learn more about the relationships in between companies and the communities that they serve. Studying a business management course might help you on your way to becoming a leader in business environment. The ICB offers a fully accredited business management course programme.
The Institute of Certified Bookkeepers
The Institute of Certified Bookkeepers is a Professional Body that has really existed because 1931. In South Africa the functions of professional bodies utilize to incorporate both Professional Membership as well as Education and Training. However, scholastic guidelines and laws over the last few years made these bodies divided 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 (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 Financing, Accounting, Management Consulting and other Financial Services).
This suggests that the ICB is licensed by FASSET to recognize training companies. Act as
the evaluation (exams) body for the ICB courses, utilized by training business accredited by
them.
Currently the QCTO (the Quality Council for Trades and Occupations) is in the procedure of dealing with the obligation for all SETAs. That indicates that FASSET “falls under” the QCTO. This may have some result on the info of the accreditation procedure in the future. Both FASSET and the QCTO are bodies established in terms of an Act of Parliament.
The ICB, under authority of FASSET (and quickly under authority of the QCTO), is liable for the quality assurance and examinations (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 categories on the National Qualifications Framework (NQF).
Typically a trainee would study ICB qualifications, and on the strength of their qualifications, in addition to working experience, and staying with a professional standard procedure, have the capability to obtain Membership.
The primary objective of the ICBA is to offer professional membership to Junior and Senior Accountants, in addition to Junior Accountants and Financial Accountants, in addition to Office Administrators. As an ICB trainee, you can get Trainee Subscription of the ICBA.
Where will I be able to work after studying Business Management courses at ICB?
All organisations require certified individuals in management.
The list below types of organisations are general examples:
– Manufacturing services
– Service companies
– Retailers.
– Logistics and Supply Chain Supervisor Banks.
– Own business.
– Business Analyst.
– Operations Manager General Supervisor.
– Compliance Officer.
– Management Consultant.
What are the benefits of studying business management courses at ICB?
Business Management involves a broad ability that can benefit you in any working environment.
Here are some of the benefits of studying business management:
– You will acquire a good grasp of the truths of business world.
– You will learn about the Importance of teamwork.
– You will discover ways to manage people.
– You will learn more about entrepreneurship.
– You will be able to combine your business management knowledge and abilities with a variety of other skills in order to pursue various career courses.
– You will find out about various aspects of running your own business.
– You will acquire a better understanding of exactly what to get out of workers.
– You will learn more about companies and how they are structured.
– You will learn ways to engage better on a professional level.
Find out the best ways to make a business prosper!
This programme is just the ticket if you have ambitions of managing 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 monetary management finest practices, office and legal practice, personnel management, computer literacy, global business strategy and research approaches in commerce.
Your very first certification in simply 3 topics
You can achieve the ICB Business Management: Foundation Level after finishing just 3 subjects (and accomplish the National Certificate: Small Business Financial Management). Continue your studies to progress 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 comparable.
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, consumer relations. Junior Researcher, Junior Analyst, Sales Assistant.
Exactly what I’ll be able to do
Demonstrate an understanding of the documentation, processing and recording of a business’s monetary transactions. Interact successfully with the business stakeholders. Program that you know what it means to be a basic supervisor. Expense and cost products and handle working capital. Run a computer.
Intermediate Level
Higher Certificate
Office Administration
NQF Level.
( NQF L5 – SAQA ID 23619, overall cumulative credits: 240).
Period.
+15 months.
Entry requirements.
National Certificate: Small Business Financial Management (need to consist of 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 Manager, Human Resources Manager, Labour Relations Manager, Field/Floor/Store/ Department Manager, Customer support Manager.
What I’ll be able to do
Handle your diary and work schedule as a manager. Operate effectively as a general office manager of a business. Apply marketing, law, PR, and economics concepts in business. Draw up and interpret monetary declarations and reports. Work effectively with the HR and labour relations departments. Apply business growth concepts for local and worldwide growth.
Advanced Level
National Diploma
Financial Accounting
NQF Level.
( NQF L6 – SAQA ID 20366, overall cumulative credits: 280).
Duration.
+12 months.
Entry requirements.
Higher Certificate: Office Administration (should include 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 brief argumentation, topic: Business Management) (RTAP).
What my title can be
Financial Accountant, Accounting Officer (via SAIBA if you fulfill their criteria). Field/Floor/Store/ Department Supervisor, Secret Account Supervisor, Business Manager, Business Consultant, Business Consultant, Service or Sales Manager.
What I’ll have the ability to do
Work with management details systems at a corporate level. Prepare a business for internal/external audit. Apply principles of tactical intent and tactical thinking in an international business environment. Apply managerial finance and control concepts in a commercial environment. Draw up and analyze monetary 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 students can enter the ICB tests in February, May, July, September and November. Tests take place at the ICB authorized assessment centres around southern Africa.
Pay your ICB registration and assessments charges 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 truly be disadvantaging yourself!
Go into for an ICB exam
Class trainees will do this through their colleges.
Distance learning trainees will enter upon the ICB Student Portal online.
Select your qualifications at first. Then select he subjects, exam dates and locations for your evaluations, and send your test entry along with the required fee. All trainees 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 determine at the end of it whether you understand and comprehend the course material well enough to pass. Each ICB program is created to have specific outcomes. These results 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 outcome needs a specific quantity of time for you to accomplish it. These hours are represented by credits. As defined by the South African Qualifications Authority (SAQA), and the ICB assessment policy, 1 credit equates to 10 notional hours. Notional learning hours are thought about to be the time taken by the average trainee to accomplish the defined learning results.
Exactly what happens if I fail my ICB exam?
Do not stress if you do not pass very first time, you can get a 2nd possibility, With an ICB Re-Assesment If you are assessed as ‘not yet proficient’ in a subject (you did not pass it), you will have a possibility to write one re-assessment, which is only a summative final exam with a pass mark of 60% (no PoE needed– the exam counts fully 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 soon 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 have 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 specific subject.
How many Portfolios will I get?
You’ll get one PoE per subject per exam. Each PoE is customized to that particular topic.
Distance learning trainees will get their Portfolios straight.
What must I do when I get my PoE?
Examine that your individual info on the cover are right. Let you’re your college/the ICB understand As Soon As Possible if anything is wrong.
Go through the whole PoE and fill in details where you are asked to.
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 precisely what to do throughout your ICB research studies. It discusses ways to finish your PoE, and consists of lots of types you need to complete.
Conquer it step by step and follow all the instructions in it, and you’ll be on track for success!
ICB Tests and jobs
For each subject, the ICB sets 3 Assignments and 2 Tests that assist you to examine your knowledge throughout 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 offered by their lecturers throughout their research studies.
Response Books
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 important?
The ICB discovering experience is distinct– our scholastic group has actually created it to use you the absolute best possible chance of learning successfully and passing your subject the very first time.
Nevertheless it’s not practically passing the test Our technique guarantees you get a deep and substantial understanding of your course products.
So you do not simply get a qualification– you get skills that you can utilize 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 ensure you have actually done and consisted of everything. Make a copy of our whole PoE as a backup.
Take your completed PoE to your last test. You’ll hand it there in.
Your Final test
When you have finished composing your last exam, you need to consist of the exam question and answer papers 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 postponement and you’ll need a medical certificate. Contact your college or the ICB for more information.
Missed your exam?
If you did not attend your exam, and did not delay it in time, you’ll have 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 last 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, once you have actually signed up for an assessment with the ICB. You’ll have to put any tasks offered to you in addition to the tests you take in it. Your PoE is total when your last assessment 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 examine to see if you actually understand your stuff. You’ll have to get at least 50% for this exam to pass, despite your overall mark.
This doesn’t suggest that you can slack with your activities and examinations throughout your studies, as they fully prepare you for the final evaluation, as well as provide evidence of the effort you have actually.
Exactly what happens if I need to hold off an evaluation?
Ought to you have to delay your ICB exams then you will have to examine the Assessment Timetables to see when you need to submit postponements by and pay a post ponement cost. There are cut-offs for these for each assessment cycle so ensure you request a postponement in time.
If you have to postpone your assessment since you’re ill on the day, you can apply for a totally free postponement (include a doctor’s certificate with your demand), which may be released at the ICB’s discretion. Assessment for subjects can be held off once only if we have received your postponement cost in time.
Results
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 results on the Student Website, and they will similarly be emailed to you.
Register with a professional body
If you have really finished a full accreditation, you can apply to join 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 further with the ICB
Accredited, credible 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 recognised locally and worldwide by several professional bodies. ICB qualifications are modular, which indicates you can build on them as your studies or career progress. You can also qualify in another programme simply by completing a couple of more subjects. See the table on page 7 for more.
Discover a task
In association with CareerJunction, South Africa’s extremely popular job website, you can search and apply for monetary and admin positions at www.icb.org.za/careers
Study even more in other places with credit for your ICB certification
The Chartered Institute of Management Accountants (CIMA) and the Association of Chartered Certified Accountants (ACCA) are respected, international, 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 accountants, with over 110 years of experience, innovation 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 further 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 subjects.
Professional Membership Opportunities
When you have actually completed your studies through the ICB, there are numerous local 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 on your qualification(s) and work experience. The ICBA acknowledges all the ICB’s current qualifications, in addition to 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 assessed by SAQA.
If you want to register as a tax specialist, you’ll have to end up being 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 must upgrade this to the National Diploma: Technical Financial Accounting within a year of becoming a member. SAIT has a number of other membership criteria– please contact them for information.
business management courses | different management courses
Last Updated : July 31 2017