Why Study ICB Business Management short courses?
The goals of any business may consist of making a profit, keeping stability, and developing job opportunity. Individuals who study ICB Business Management short courses are offered the possibility to learn about handling businesses of various sizes. They likewise learn about the relationships in between companies and the communities that they serve. Studying a business management short course may help you on your way to becoming a leader in business environment. The ICB offers a fully accredited business management course program.
Here is a list of ICB Business management short courses you can choose from:
– Business Management 1 (BMT1).
– Bookkeeping to Trial Balance (BKTB).
– Business Literacy (BUSL).
– 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).
– Business Management 3 (BMT3).
– Financial Management and Control (FMCL).
– Financial Reporting and Regulatory Frameworks (FRRF).
– Research Theory and Practice (RTAP).
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 incorporate both Professional Membership in addition to Education and Training. However, scholastic guidelines and laws in the last few years 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 handling 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 Services).
This recommends that the ICB is licensed by FASSET to acknowledge training business. Act as the examination (exams) body for the ICB courses, used by training business accredited by them.
Currently the QCTO (the Quality Council for Trades and Occupations) is in the process of handling the responsibility for all SETAs. That implies that FASSET “falls under” the QCTO. This might 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 control and assessments (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 trainee would study ICB qualifications, and on the strength of their qualifications, in addition to working experience, and staying with a professional standard operating procedure, have the capability to obtain Membership.
The main goal 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 Trainee Subscription of the ICBA.
Where will I be able to work?
All organisations need certified people in management.
The list below kinds of services are basic examples:
– Production businesses.
– Service organizations.
– Retailers.
– Logistics and Supply Chain Manager Banks.
– Own business.
– Business Analyst.
– Operations Supervisor General Supervisor.
– Compliance Officer.
– Management Consultant.
What are the advantages of studying ICB Business Management short courses?
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 get a good grasp of the realities of business world.
– You will find out about the Value of team effort.
– You will find out the best ways to manage people.
– You will learn more about entrepreneurship.
– You will have the ability to combine your business management understanding and skills with a series of other abilities in order to pursue various career paths.
– You will discover various aspects of running your very own business.
– You will acquire a better understanding of exactly what to expect from staff members.
– You will learn more about companies and how they are structured.
– You will find out ways to connect more effectively on a professional level.
Find out the best ways to make a business succeed!
This programme is just the ticket if you have ambitions of managing a business and its financial resources.
Great business management is vitally important for a business’s commercial success. In this ICB program, you’ll learn more about business and monetary management best practices, office and legal practice, personnel management, computer system literacy, global business method and research techniques in commerce.
Your very first qualification in just 3 subjects
You can attain the ICB Business Management: Foundation Level after finishing simply 3 topics (and attain 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, overall credits: 120).
Duration.
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.
Exactly what I’ll have the ability to do
Demonstrate an understanding of the documentation, processing and recording of a business’s monetary transactions. Communicate efficiently with business stakeholders. Show that you know what it means to be a basic supervisor. Cost and cost products and handle working capital. Operate a personal computer.
Intermediate Level
Higher Certificate
NQF Level.
( NQF L5 – SAQA ID 23619, overall cumulative credits: 240).
Duration.
+15 months.
Entry requirements.
National Certificate: Small Business Financial Management (need to consist of the Business Management 1 topic).
Topics
- 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 Supervisor, Human Resources Supervisor, Labour Relations Supervisor, Field/Floor/Store/ Department Supervisor, Client service Manager.
What I’ll be able to do
Manage your diary and work schedule as a supervisor. Run effectively as a general office manager of a business. Apply marketing, law, PR, and economics concepts in business. Draw up and analyze financial declarations and reports. Work efficiently with the HR and labour relations departments. Apply business development principles for regional and global expansion.
Advanced Level
National Diploma
NQF Level.
( NQF L6 – SAQA ID 20366, overall cumulative credits: 280).
Duration.
+12 months.
Entry requirements.
Higher Certificate: Office Administration (must 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 short 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 Advisor, Service or Sales Supervisor.
What I’ll be able to do
Deal with management info systems at a corporate level. Prepare a business for internal/external audit. Apply concepts of strategic intent and tactical thinking in a worldwide business environment. Apply supervisory finance and control principles in a business 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 inspect exactly what your college’s schedule is.
Distance learning students can enter the ICB tests in February, May, July, September and November. Tests occur at the ICB authorized evaluation centres around southern Africa.
Pay your ICB registration and evaluations fees as early as possible, so we can send you your PoE ASAP. Your PoE is an unbelievable tool to assist you study. Do not leave it to the eleventh hour or you’ll actually be disadvantaging yourself!
Enter for an ICB exam
Class trainees will do this through their colleges.
Distance learning students will enter upon the ICB Trainee Portal online.
Select your qualifications initially. Then pick he topics, exam dates and areas for your examinations, and send your test entry together with the required fee. All trainees will get an email validating their examination entries.
How does ICB examination work?
When you sign up to study an ICB course, you’ll likewise need to sign up to be examined for it. This is so that they can identify at the end of it whether you understand and understand the course material well enough to pass. Each ICB program is developed to have particular results. These outcomes are things that you will be able to do and comprehend as a result of your studies. This is the most important part of the ICB assessment policy.
Each result needs a particular amount 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 student to accomplish the specified learning results.
Exactly what happens if I fail my ICB exam?
Don’t stress if you do not pass first time, you can get a 2nd opportunity, With an ICB Re-Assesment If you are assessed as ‘not yet proficient’ in a subject (you did not pass it), you will have an opportunity to write one re-assessment, which is just a summative final exam with a pass mark of 60% (no PoE required– the exam counts fully towards your grade).
You need to 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 skilled’ in it, you can’t renovate it. You will need to return to for the subject and begin it over by finishing 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 particular topic.
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 students will get their Portfolios directly.
Exactly what must I do when I get my PoE?
Examine 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 details where you are asked to.
What’s inside my PoE?
Your ICB Portfolio Administration Guide
This is your important introduction of studying your ICB subject!
Your ICB Administration Guide tells you precisely what to do throughout your ICB research studies. It goes over ways to finish your PoE, and consists of lots 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 subject, the ICB sets 3 Assignments and 2 Tests that assist you to evaluate your knowledge throughout your studies.
Distance learning trainees will find ICB Tests and Tasks in their PoE when it gets here.
Classroom-based students will get their ICB Projects in their Portfolios, and their ICB Tests will be provided by their educators during their research studies.
Answer Books
You’ll similarly discover blank response books in your PoE for you to compose the answers to your ICB Tests and Assignments in.
Why is my PoE so vital?
The ICB finding experience is unique– our scholastic group has actually developed it to provide you the best possible chance of learning effectively and passing your subject the first time.
Nevertheless it’s not practically passing the test Our method ensures you get a deep and comprehensive understanding of your course products.
So you don’t just get a credentials– you get skills 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 list in your ICB Portfolio Administration Guide and ensure you have in fact done and consisted of 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 Final test
When you have actually completed composing your last exam, you should include the exam concern 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.
Ill on exam day?
You can apply for a medical postponement 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 need to begin the subject 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 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, when you’ve signed up for an assessment with the ICB. You’ll need to put any tasks provided to you along with the tests you take in it. Your PoE is complete when your final assessment is added to it at the end of your course.
Your final assessment 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 really know your things. You’ll need to get at least 50% for this exam to pass, despite your general mark.
This doesn’t indicate that you can slack with your activities and examinations during your studies, as they totally prepare you for the final assessment, and also provide evidence of the effort you have actually.
What occurs if I need to delay an assessment?
Should you need to delay your ICB exams then you will need to inspect the Assessment Timetables to see when you need to send posts ponement by and pay a postponement cost. There are cut-offs for these for each assessment cycle so make sure you request a postponement in time.
If you need to delay your assessment since you’re ill on the day, you can apply for a complimentary post ponement (consist of a physician’s certificate with your request), which may be provided at the ICB’s discretion. Assessment for topics can be delayed once only if we have actually gotten your post ponement fee in time.
Outcomes
Results are launched about 7 weeks after your examination. See the ICB exam schedules for outcomes release dates.
Distance learning students will be able to get their outcomes on the Student Website, and they will similarly be emailed to you.
Register with a professional body
If you have in fact finished a full accreditation, you can apply to join a professional body like the ICBA.
Exactly what I can do with my ICB qualifications
In addition to making you appealing to companies and customers, your ICB qualifications can likewise lead you to these opportunities:
Study further 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 programmes are valued by employers, and our graduates are recognised locally and globally by numerous professional bodies. ICB qualifications are modular, which means you can build on them as your studies or career progress. You can likewise qualify in another programme simply by completing a few more subjects. See the table on page 7 for more.
Discover a job
In association with CareerJunction, South Africa’s hugely popular task site, you can search and apply for financial 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 Accounting professionals (ACCA) are respected, global, accounting professional bodies – headquartered in the UK. CIMA and ACCA grant exemptions to the qualifications the ICB uses.
CIMA offers 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 excellence. ICB graduates holding the National Diploma: Financial Accounting NQF 6 qualification can study even more through ACCA. You will get up to 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 specific field of business governance, and grants exemptions for certain ICB subjects.
Professional Membership Opportunities
Once you have actually completed your studies through your ICB Business Management short courses, 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 variety of levels based on your certification(s) and work experience. The ICBA acknowledges all the ICB’s existing qualifications, as well as other pertinent qualifications that are registered 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 practitioner, you’ll need 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 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 contact them for details.
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Last Updated : June 29 2017