Do you desire a Diploma in Business management?
The ICB provides a totally certified business management courses that will give you your business management diploma.
Here are a few of the qualifications you could get:
– National Certificate: Small Business Financial Management
– Higher Certificate: Office Administration
– National Diploma: Financial Accounting
Why Study for a Business Management diploma?
The goals of any business may consist of making a profit, keeping stability, and producing employment opportunities. People who study business courses are offered the chance to discover handling companies of different sizes. They likewise find out about the relationships between businesses and the communities that they serve. Studying a business management course might assist you on your way to becoming a leader in the business environment.
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 use to integrate both Professional Membership as well as Education and Training. Nevertheless, scholastic guidelines and laws in recent years made these bodies divided those functions.
Hence, the historical ICB was divided into a Professional Body and an Academic Body in 2015. The academic body continues under the name Institute of Certified Bookkeepers.
The (new) ICB, that is the body exclusively managing 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 Providers).
This suggests that the ICB is licensed by FASSET to acknowledge training business. Work 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 responsibility 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 accountable for the quality assurance 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 classifications on the National Qualifications Framework (NQF).
Usually a student 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 obtain Membership.
The primary objective of the ICBA is to provide 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 Student Subscription of the ICBA.
Where will I have the ability to work after studying for a business management diploma?
All businesses require certified individuals in management.
The list below types of services are basic examples:
– Manufacturing businesses
– Service organizations
– Retailers.
– Logistics and Supply Chain Manager Banks.
– Own business.
– Business Analyst.
– Operations Manager General Supervisor.
– Compliance Officer.
– Management Expert.
Exactly what are the benefits of studying for a business management diploma?
Management requires a broad ability that can benefit you in any working environment.
Here are a few of the advantages of studying business management:
– You will gain an excellent grasp of the realities of the business world.
– You will learn about the Importance of teamwork.
– You will find out how to manage individuals.
– You will learn more about entrepreneurship.
– You will be able to combine your business management knowledge and abilities with a range of other abilities in order to pursue different career paths.
– You will find out about different aspects of running your own business.
– You will acquire a much better understanding of what to get out of employees.
– You will learn more about organizations and how they are structured.
– You will learn how to connect better on a professional level.
Discover how to make a business prosper!
This program hits the spot if you have ambitions of managing a business and its finances.
Great business management is vitally important for a business’s industrial success. In this ICB programme, you’ll discover business and monetary management finest practices, office and legal practice, personnel management, computer literacy, global business strategy and research techniques in commerce.
Your very first credentials in simply 3 topics.
You can accomplish the ICB Business Management: Foundation Level after finishing 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 recognized qualifications.
Foundation Level
National Certificate
Small Business Financial Management
NQF Level.
( NQF L4 – SAQA ID 48736, overall 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 personnels, 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 documents, processing and recording of a business’s monetary deals. Interact successfully with business stakeholders. Show that you understand what it indicates to be a basic supervisor. Cost and price items and manage working capital. Operate a 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 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 Supervisor, Labour Relations Manager, Field/Floor/Store/ Department Manager, Customer Service Manager.
Exactly what I’ll be able to do
Manage your diary and work schedule as a supervisor. Run efficiently as a basic office manager of a business. Apply marketing, law, PR, and economics principles in business. Draw up and translate financial declarations and reports. Work efficiently with the HR and labour relations departments. Use business development concepts for regional and global expansion.
Advanced Level
National Diploma
Financial Accounting
NQF Level.
( NQF L6 – SAQA ID 20366, total cumulative credits: 280).
Period.
+12 months.
Entry requirements.
Higher Certificate: Office Administration (must include the 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, subject: Business Management) (RTAP).
What my title can be
Financial Accountant, Accounting Officer (via SAIBA if you meet their requirements). Field/Floor/Store/ Department Manager, Secret Account Supervisor, Business Manager, Business Consultant, Business Advisor, Service or Sales Supervisor.
What I’ll have the ability to do
Deal with management info systems at a corporate level. Prepare a business for internal/external audit. Apply principles of strategic intent and strategic thinking in a global business environment. Apply supervisory finance and control principles in an industrial environment. Draw up and analyze monetary statements and reports in accordance with IFRS.
Test Dates and Venues
Class students: The majority of the colleges hold exams on-site monthly, so check exactly what your college’s schedule is.
Distance learning students can enter the ICB tests in February, May, July, September and November. Tests happen at the ICB approved assessment centres around southern Africa.
Pay your ICB registration and assessments fees as early as possible, so we can send you your PoE ASAP. Your PoE is an amazing 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
Class students will do this through their colleges.
Distance learning students will enter upon the ICB Trainee Website online.
Select your qualifications at first. Then select he topics, exam dates and locations for your evaluations, and send your test entry in addition to the required charge. All trainees will get an email confirming their examination entries.
How does ICB examination work?
When you sign up to study an ICB course, you’ll likewise have to sign up to be analyzed 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 programme is created to have specific results. These results are things that you will have the ability to do and understand as a result of your studies. This is the most vital part of the ICB assessment policy.
Each result needs a particular 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 evaluation policy, 1 credit equals 10 notional hours. Notional knowing hours are thought about to be the time taken by the average student to accomplish the specified learning outcomes.
What takes place if I fail my ICB exam?
Do not panic if you do not pass first time, you can get a second possibility, With an ICB Re-Assesment If you are examined as ‘not yet skilled’ 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 to your grade).
You should complete the re-assessment within 12 months of your initial summative assessment date. We do advise 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 competent’ in it, you can’t renovate it. You will need to re-enter for the subject and start it over by completing a new PoE.
When do I get my Portfolio of Evidence?
Your PoE will appear 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 topic. Distance learning trainees will get their Portfolios straight.
What must I do when I get my PoE?
Analyze that your individual details 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.
Exactly 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 discusses methods to complete your PoE, and contains lots of types you need to complete.
Overcome 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 help you to assess your understanding during your studies.
Distance learning trainees will find 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 used 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 Assignments in.
Why is my PoE so essential?
The ICB discovering experience is unique– our scholastic team has actually produced it to offer you the very best possible opportunity of discovering effectively and passing your topic the first time.
Nevertheless it’s not practically passing the test Our approach guarantees you get a deep and comprehensive understanding of your course products.
So you do not simply get a credentials– you acquire 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 sure you have really 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 completed composing your final exam, you must consist of the exam concern and response papers 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.
Ill 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 learn more.
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 Had to Know
Wondering how you ICB course will be graded? It’s easy. 30% of your final mark comes from the activities and examinations you undertake throughout your course. Your Portfolio of Evidence (PoE) is a folder provided to you at the start of the course, once you’ve signed up for an assessment with the ICB. You’ll need to put any assignments offered 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 last 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 actually know your stuff. You’ll have to get at least 50% for this exam to pass, no matter your general mark.
This doesn’t suggest that you can slack with your activities and assessments during your studies, as they totally prepare you for the last assessment, as well as provide evidence of the hard work you’ve.
What takes place if I need to delay an evaluation?
Should you have to delay your ICB exams then you will need to inspect the Evaluation Timetables to see when you have to submit postponements by and pay a post ponement charge. There are cut-offs for these for each evaluation cycle so ensure you request a postponement in time.
If you have to delay your evaluation because you’re ill on the day, you can apply for a complimentary post ponement (include a doctor’s certificate with your demand), which might be released at the ICB’s discretion. Evaluation for subjects can be postponed once only if we have received your postponement fee in time.
Outcomes
Outcomes are released 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 Portal, and they will similarly be emailed to you.
Register with a professional body
If you have in fact finished a complete certification, you can apply to register with a professional body like the ICBA.
Exactly what I can do with my ICB qualifications
Along with making you appealing to companies and clients, your ICB qualifications can also lead you to these chances:.
Study further with the ICB
Accredited, trusted and acknowledged 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 identified in your area and worldwide by numerous professional bodies. ICB qualifications are modular, which means you can build on them as your studies or career progress. You can also certify in another programme just by finishing a couple of more subjects. See the table on page 7 for more.
Find a task
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 in other places with credit for your ICB credentials.
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 offers.
CIMA offers training and qualifications in management accounting. ICB graduates holding the National Diploma: Financial Accounting NQF 6 qualification 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, innovation and quality. ICB graduates holding the National Diploma: Financial Accounting NQF 6 certification can study further through ACCA. You will get as much as 6 exemptions to advance your studies towards becoming a Chartered Certified Accountant with ACCA.
Chartered Secretaries Southern Africa uses a number of professional qualifications in this specific field of corporate governance, and grants exemptions for certain ICB topics.
Professional Membership Opportunities
When you’ve finished your studies through the ICB, there are numerous 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 upon your qualification( s) and work experience. The ICBA recognises all the ICB’s current qualifications, in addition to other pertinent qualifications that are registered on the South African National Qualifications Framework. Foreign qualifications are likewise recognised, as long as they have been evaluated by SAQA.
If you wish to sign up as a tax specialist, you’ll need to become a member of SAIT. SAIT acknowledges the ICB’s FET Certificate: Bookkeeping, and the National Diploma: Technical Financial Accounting qualifications. Trainees who sign up with SAIT with the FET Certificate: Bookkeeping certification need to 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 contact them for details.
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Last Updated : July 4 2017