Why Study Business Management courses at ICB?

 

Business management courses at ICB are the very best alternative for working people who has to earn a wage, but at the same time enhance qualifications. The objectives of any business may consist of making a profit, preserving stability, and developing job opportunity. Individuals who study business courses are offered the opportunity to learn more about handling companies of different sizes. They likewise find out about the relationships in between services and the communities that they serve. Studying a business management course may assist you on your way to becoming a leader in the business environment. The ICB provides a fully recognized business management course program.

 

The Institute of Certified Bookkeepers

 

The Institute of Certified Bookkeepers is a Professional Body that has in fact existed since 1931. In South Africa the functions of professional bodies use to integrate both Professional Membership along with Education and Training. However, scholastic guidelines and laws in recent years made these bodies split those functions.

 

Thus, 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 exclusively dealing with 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 Providers).

This suggests that the ICB is authorized by FASSET to recognize training companies. Work as the examination (exams) body for the ICB courses, utilized by training business certified by them.

 

Presently the QCTO (the Quality Council for Trades and Occupations) is in the procedure of dealing with the obligation for all SETAs. That suggests that FASSET \”falls under\” the QCTO. This may have some impact on the details of the accreditation procedure in the future. Both FASSET and the QCTO are bodies established in regards to an Act of Parliament.

The ICB, under authority of FASSET (and soon under authority of the QCTO), is liable for the quality assurance and assessments (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 acknowledged 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, together with working experience, and staying with a professional guideline, have the capability to get Membership.

 

The primary 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 have the ability to work after studying Business Management courses at ICB?

 

All businesses require qualified people in management.

 

The following types of organisations are general examples:

 

– Production services

– Service companies

– Retailers.

– Logistics and Supply Chain Manager Financial institutions.

– Own business.

– Business Analyst.

– Operations Manager General Manager.

– Compliance Officer.

– Management Consultant.

 

Exactly what are the benefits of studying business management courses at ICB?

 

Business Management requires a broad capability that can benefit you in any working environment.

 

Here are some of the advantages of studying business management:

 

– You will get an excellent grasp of the truths of business world.

– You will discover the Importance of team effort.

– You will find out how to handle individuals.

– You will find out about entrepreneurship.

– You will be able to integrate your business management understanding and skills with a range of other abilities in order to pursue various career courses.

– You will find out about numerous elements of running your own business.

– You will acquire a much better understanding of what to anticipate from employees.

– You will find out more about organizations and how they are structured.

– You will learn ways to connect better on a professional level.

 

Learn how to make a business prosper!

 

 

This programme is just the ticket if you have ambitions of handling a business and its financial resources.

 

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 finest practices, office and legal practice, personnel management, computer system literacy, worldwide business technique and research methods in commerce.

 

Your first certification in just 3 topics

 

You can accomplish the ICB Business Management: Foundation Level after finishing simply 3 topics (and accomplish 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).

 

Period.

9 months.

 

Entry requirements.

Grade 11 (Std 9) or equivalent.

 

Subjects

 

1. Business Management 1 (BMT1).
2. Bookkeeping to Trial Balance (BKTB).
3. Business Literacy (BUSL).

 

What my title can be

 

Assistant or administrator in personnels, office management, legal, administration, public relations, marketing, sales, customer relations. Junior Researcher, Junior Analyst, Sales Assistant.

 

Exactly what I\’ll be able to do

 

Demonstrate an understanding of the documents, processing and recording of a business\’s monetary transactions. Interact successfully with business stakeholders. Show that you know what it indicates to be a general manager. Expense and rate products and handle working capital. Run 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 (must consist of the Business Management 1 topic).

 

Subjects

 

1. Office and Legal Practice (OLPR).
2. Business Management 2 (BMT2).
3. Marketing Management and Public Relations (MMPR).
4. Financial Statements (FNST).
5. 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 Supervisor, Customer care Manager.

What I\’ll be able to do

 

Handle your journal and work schedule as a manager. Run effectively as a general office manager of a business. Apply marketing, law, PR, and economics principles in business. Prepare and translate financial declarations and reports. Work effectively with the HR and labour relations departments. Use business development principles for regional and international 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 (need to consist of business Management 2 subject).

 

Subjects

 

1. Business Management 3 (BMT3).
2. Financial Management and Control (FMCL).
3. Financial Reporting and Regulatory Frameworks (FRRF).
4. Research Theory and Practice (by brief argumentation, topic: Business Management) (RTAP).

 

What my title can be

 

Financial Accountant, Accounting Officer (through SAIBA if you fulfill their criteria). Field/Floor/Store/ Department Manager, Key Account Manager, Business Supervisor, 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 principles of strategic intent and tactical thinking in a global business environment. Apply supervisory finance and control concepts in a business environment. Prepare and interpret financial 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 trainees 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 examinations charges as early as possible, so we can send you your PoE ASAP. Your PoE is an amazing tool to help you study. Do not leave it to the eleventh hour or you\’ll really be disadvantaging yourself!

 

Enter for an ICB exam

 

Classroom trainees will do this through their colleges.

 

Distance learning students will enter upon the ICB Student Portal online.

Select your qualifications initially. Then select he subjects, exam dates and locations for your examinations, and send your test entry together with the needed charge. All trainees will get an email verifying their examination entries.

 

How does ICB examination work?

 

When you sign up to study an ICB course, you\’ll also have to register 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 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 understand as a result of your studies. This is the most essential part of the ICB assessment policy.

 

Each outcome requires a specific quantity 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 equates to 10 notional hours. Notional learning hours are considered to be the time taken by the typical student to achieve the defined learning outcomes.

 

Exactly what happens if I fail my ICB exam?

 

Don\’t panic 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 competent\’ 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 totally to your grade).

You should complete the re-assessment within 12 months of your initial summative assessment date. We do recommend 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 competent\’ in it, you cannot renovate 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 appear 3-4 weeks after the ICB gets your exam entry for a specific 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 specific info on the cover are right. Let you\’re your college/the ICB understand ASAP if anything is wrong.

 

Go through the entire PoE and fill in details where you are asked to.

 

Exactly what\’s inside my PoE?

 

Your ICB Portfolio Administration Guide

 

This is your crucial summary of studying your ICB topic!

 

Your ICB Administration Guide informs you exactly what to do throughout your ICB research studies. It discusses ways to finish your PoE, and includes 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 subject, the ICB sets 3 Tasks and 2 Tests that help you to evaluate your knowledge throughout your studies.

 

Distance learning students will find ICB Tests and Assignments 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 lecturers during their research studies.

 

Response 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 essential?

 

The ICB discovering experience is unique– our scholastic group has actually developed it to offer you the very best possible chance of discovering effectively and passing your subject the very first time.

 

However it\’s not almost passing the test Our technique ensures you get a deep and extensive understanding of your course products.

 

So you don\’t simply get a certification– you acquire abilities that you can make use of 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 really done and consisted of everything.

Make a copy of our entire PoE as a backup.

 

Take your completed PoE to your last test. You\’ll hand it there in.

 

Your Final test

 

When you have actually finished composing your final exam, you must consist of the exam concern and answer 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.

Sick on exam day?

 

You can apply for a medical post ponement and you\’ll require 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 delay it in time, you\’ll need to begin the subject over by re-entering for the exam and getting a brand-new PoE.

 

Everything You Need To Know

 

Wondering how you ICB course will be graded? It\’s simple. 30% of your final mark originates from the activities and assessments you undertake during your course. Your Portfolio of Evidence (PoE) is a folder provided to you at the start of the course, as soon as you have actually registered for an evaluation with the ICB. You\’ll need to put any assignments provided to you as well as the tests you take in it. Your PoE is total when your last evaluation is added to it at the end of your course.

 

Your final evaluation 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 check to see if you truly understand your things. You\’ll have to get at least 50% for this exam to pass, regardless of your general mark.

 

This doesn\’t suggest that you can slack with your activities and examinations throughout your studies, as they completely prepare you for the final evaluation, and also supply evidence of the hard work you\’ve.

 

Exactly what takes place if I have to delay an assessment?

 

Must you have to postpone your ICB exams then you will have to examine 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 assessment cycle so make certain you request a postponement in time.

 

If you have to postpone your evaluation since you\’re ill on the day, you can apply for a totally free post ponement (include a medical professional\’s certificate with your demand), which might be provided at the ICB\’s discretion. Assessment for topics can be postponed once only if we have actually gotten your post ponement charge in time.

 

Results

 

Outcomes are released about 7 weeks after your examination. See the ICB exam schedules for outcomes launch dates.

 

Distance learning students will have the ability to get their results on the Student Website, and they will also be emailed to you.

 

Register with a professional body

 

If you have in fact finished a complete accreditation, you can apply to join a professional

body like the ICBA.

 

What I can do with my ICB qualifications

 

In addition to making you attractive to employers and clients, your ICB qualifications can

likewise lead you to these chances:

 

Study even more with the ICB

 

Accredited, reliable and identified qualifications

 

All ICB qualifications are signed up on the National Qualifications Framework (NQF) by the South African Qualifications Authority (SAQA). Our programs are valued by employers, and our graduates are recognised locally and worldwide by a number of professional bodies. ICB qualifications are modular, which means you can build on them as your studies or career development. You can likewise certify in another program simply by completing a few more subjects. See the table on page 7 for more.

 

Find a task

 

In association with CareerJunction, South Africa\’s hugely popular task website, you can search and apply for monetary and admin positions at www.icb.org.za/careers

 

Study even more somewhere else 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 provides.

 

CIMA uses training and qualifications in management accounting. ICB graduates holding the National Diploma: Financial Accounting NQF 6 certification 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 further through ACCA. You will receive approximately 6 exemptions to further your studies to becoming a Chartered Certified Accountant with ACCA.

 

Chartered Secretaries Southern Africa uses numerous professional qualifications in this particular field of corporate governance, and grants exemptions for certain ICB subjects.

 

Professional Membership Opportunities

Once you\’ve finished your studies through the ICB, there are numerous regional and global 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 certification(s) and work experience. The ICBA identifies all the ICB\’s existing qualifications, along with other relevant qualifications that are registered on the South African National Qualifications Framework. Foreign qualifications are likewise acknowledged, as long as they have actually been examined by SAQA.

 

If you wish to register as a tax professional, 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 credentials need to update this to the National Diploma: Technical Financial Accounting within a year of becoming a member. SAIT has several other membership requirements– please contact them for information.

 

 

| Business Management short courses at University 

Last Updated : July 24 2017