What can I do with my diploma in business management?
All businesses require qualified people in management. You can find out more on Business Management courses here.
The list below types of businesses are basic business management jobs you can enter into:
– Manufacturing businesses
– Service companies
– Logistics and Supply Chain Manager Financial institutions.
– Own business.
– Business Analyst.
– Operations Supervisor General Supervisor.
– Compliance Officer.
– Management Consultant.
– Human resources officer.
– Marketing executive.
– Sales executive.
– Systems analyst.
The Institute of Certified Bookkeepers
The Institute of Certified Bookkeepers is a Professional Body that has actually existed due to the fact that 1931. In South Africa the functions of professional bodies use to integrate both Professional Membership as well as Education and Training. However, scholastic guidelines and laws in the last few years made these bodies split those functions.
Hence, 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 solely 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 Services).
This suggests that the ICB is authorized by FASSET to recognize training companies. Act as the assessment (exams) body for the ICB courses, utilized by training business recognized by them.
Currently the QCTO (the Quality Council for Trades and Occupations) is in the procedure of handling the obligation for all SETAs. That implies that FASSET \”falls under\” the QCTO. This may have some impact on the info 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 quickly under authority of the QCTO), is accountable for the quality assurance 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).
Generally a student would study ICB qualifications, and on the strength of their qualifications, together with working experience, and adhering to a professional guideline, have the ability to get Membership.
The main objective of the ICBA is to supply 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.
Exactly what are the benefits of studying for ICB business management?
Business Management Courses provide you with a broad skill set that can benefit you in any workplace.
Here are a few of the advantages of studying business management:
– You will gain a good grasp of the truths of the business world.
– You will discover the Significance of teamwork.
– You will discover the best ways to manage individuals.
– You will find out about entrepreneurship.
– You will have the ability to combine your business management knowledge and skills with a variety of other skills in order to pursue various career courses.
– You will learn about various aspects of running your very own business.
– You will get a better understanding of exactly what to anticipate from employees.
– You will find out more about companies and how they are structured.
– You will discover ways to interact better on a professional level.
Learn the best ways 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 learn more about business and financial management best practices, office and legal practice, human resource management, computer system literacy, international business method and research techniques in commerce.
Your very first certification in just 3 topics
You can attain the ICB Business Management: Foundation Level after completing just 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 recognized qualifications.
Small Business Financial Management
( NQF L4 – SAQA ID 48736, total credits: 120).
Grade 11 (Std 9) or equivalent.
- 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
Show an understanding of the paperwork, processing and recording of a business\’s financial transactions. Communicate successfully with the business stakeholders. Show that you know exactly what it means to be a basic supervisor. Expense and price items and manage working capital. Run a computer.
( NQF L5 – SAQA ID 23619, total cumulative credits: 240).
National Certificate: Small Business Financial Management (should 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 Supervisor.
What I\’ll be able to do
Manage your diary and work schedule as a manager. Operate effectively as a basic office manager of a business. Apply marketing, law, PR, and economics concepts in business. Draw up and interpret financial statements and reports. Work effectively with the HR and labour relations departments. Use business development principles for local and international growth.
For more information you can read the ICB Office Administration page.
( NQF L6 – SAQA ID 20366, overall cumulative credits: 280).
Higher Certificate: Office Administration (must include business Management 2 subject).
- 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 Accounting professional, Accounting Officer (by means of SAIBA if you fulfill their criteria). Field/Floor/Store/ Department Supervisor, Key Account Manager, Business Manager, Business Expert, Business Advisor, Service or Sales Manager.
Exactly what I\’ll be able 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 supervisory finance and control concepts in a commercial environment. Draw up and interpret financial declarations and reports in accordance with IFRS.
Test Dates and Venues
Class trainees: Most of the colleges hold exams on-site monthly, so inspect 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 approved assessment 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 students will do this through their colleges.
Distance learning students will enter upon the ICB Trainee Portal online.
Select your qualifications initially. Then choose he topics, exam dates and places for your assessments, and send your test entry together with the needed fee. All trainees will get an email validating their examination entries.
How does ICB examination work?
When you register to study an ICB course, you\’ll likewise need to register to be taken a look at for it. This is so that they can identify at the end of it whether you understand and understand the course material all right to pass. Each ICB program is developed to have particular 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 vital part of the ICB assessment policy.
Each outcome requires a specific quantity of time for you to attain it. These hours are represented by credits. As defined 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 typical trainee to accomplish the specified learning results.
What occurs if I fail my ICB exam?
Don\’t stress if you do not pass first time, you can get a second chance, With an ICB Re-Assesment If you are examined as \’not yet proficient\’ in a subject (you did not pass it), you will have an opportunity to write one re-assessment, which is only a summative last exam with a pass mark of 60% (no PoE needed– the exam counts fully to your grade).
You must complete the re-assessment within 12 months of your initial summative evaluation date. We do advise you write your re-assessments as soon as you can, as subject material does alter. If you miss your re-assessment, or you are \’not yet skilled\’ in it, you can\’t redo it. You will have to re-enter for the subject and begin it over by completing 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 topic.
How many Portfolios will I get?
You\’ll get one PoE per subject per exam. Each PoE is customized to that specific subject.
Distance learning trainees will get their Portfolios directly.
What must I do when I get my PoE?
Analyze that your private information 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 vital introduction of studying your ICB topic!
Your ICB Administration Guide tells you precisely what to do throughout your ICB research studies. It goes over methods to complete your PoE, and includes lots of types you need to finish.
Overcome 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 Projects and 2 Tests that assist you to examine your knowledge throughout your studies.
Distance learning students 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 offered by their speakers during their research studies.
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 discovering experience is unique– our scholastic group has produced it to use you the absolute best possible possibility of learning successfully and passing your topic the very first time.
Nevertheless it\’s not almost passing the test Our approach ensures you get a deep and substantial understanding of your course products.
So you don\’t merely get a credentials– you gain abilities that you can utilize in your job from day 1.
When do I hand in my PoE?
A few days before your last examination, go through the list 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 ended up PoE to your last test. You\’ll hand it there in.
Your Last test
When you have actually completed composing your final exam, you should consist of the exam concern and response papers 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.
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 for additional information.
Missed your exam?
If you did not attend your exam, and did not delay it in time, you\’ll need to begin the topic over by returning to for the exam and getting a new PoE.
Everything You Need To Know
Wondering how you ICB course will be graded? It\’s simple. 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 given to you at the start of the course, when you have actually signed up for an assessment with the ICB. You\’ll have to put any assignments provided to you in addition to the tests you take in it. Your PoE is complete when your last evaluation is contributed to it at the end of your course.
Your final assessment will count for the remaining 70%– this is your exam. You will have to include it in your PoE, which an ICB-registered assessor will then inspect to see if you really know your stuff. You\’ll have to get at least 50% for this exam to pass, no matter your general mark.
This does not suggest that you can slack with your activities and examinations throughout your studies, as they fully prepare you for the last assessment, and also provide evidence of the hard work you\’ve.
What takes place if I have to postpone an evaluation?
Must you have to delay your ICB exams then you will need to examine the Evaluation Timetables to see when you have to submit postponements by and pay a postponement cost. There are cut-offs for these for each assessment cycle so ensure you ask for a post ponement in time.
If you have to delay your evaluation since you\’re ill on the day, you can apply for a complimentary postponement (consist of a doctor\’s certificate with your request), which might be issued at the ICB\’s discretion. Evaluation for topics can be held off once only if we have received your post ponement cost in time.
Results are launched about 7 weeks after your examination. See the ICB exam timetables for
outcomes launch dates.
Distance learning students will have the ability to get their outcomes on the Student Website, and they will also be emailed to you.
Register with a professional body
If you have in fact finished a full certification, you can apply to register with a professional body like the ICBA.
Exactly what I can do with my ICB qualifications
In addition to making you attractive to companies and clients, your ICB qualifications can also lead you to these opportunities:.
Study even more with the ICB
Accredited, trustworthy and acknowledged 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 employers, and our graduates are identified in your area and internationally by several professional bodies. ICB qualifications are modular, which implies you can build on them as your studies or career progress. You can also certify in another programme simply by finishing a couple of more subjects. See the table on page 7 for more.
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 Accounting professionals (ACCA) are appreciated, worldwide, accounting professional bodies – headquartered 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 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 credentials can study further through ACCA. You will receive approximately 6 exemptions to enhance your studies to becoming a Chartered Certified Accounting professional with ACCA.
Chartered Secretaries Southern Africa uses numerous professional qualifications in this specific field of business governance, and grants exemptions for certain ICB subjects.
Professional Membership Opportunities
As soon as you have actually completed your studies through the ICB, there are numerous local 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 recognises all the ICB’s present qualifications, as well as other pertinent qualifications that are signed up on the South African National Qualifications Framework. Foreign qualifications are likewise recognised, as long as they have been examined by SAQA.
If you wish to register as a tax practitioner, 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. Trainees who sign up with SAIT with the FET Certificate: Bookkeeping certification should upgrade this to the National Diploma: Technical Financial Accounting within a year of becoming a member. SAIT has numerous other membership criteria– please call them for details.
Last Updated : April 3, 2019