FET College


ICB Business Management Diploma

ICB Business Management Diploma

Do you want a ICB Business management Diploma?

The ICB provides a completely recognized business management courses that will approve you your ICB 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 ICB Business Management diploma?

The objectives of any business may consist of earning a profit, keeping stability, and developing employment opportunities. Individuals who study business courses are offered the possibility to find out about handling services of various sizes. They also find out about the relationships between businesses and the communities that they serve. Studying a business management course might help 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 really existed since 1931. In South Africa the functions of professional bodies use to integrate both Professional Membership along with Education and Training. Nevertheless, scholastic guidelines and laws recently made these bodies divided those functions.

Thus, the historic 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 (brand-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 Funding, Accounting, Management Consulting and other Financial Services).

This suggests that the ICB is licensed by FASSET to acknowledge training business. Serve as the evaluation (exams) body for the ICB courses, used by training companies certified by them.

Currently the QCTO (the Quality Council for Trades and Occupations) remains in the procedure of managing 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 regards to an Act of Parliament.

The ICB, under authority of FASSET (and quickly under authority of the QCTO), is liable for the quality control 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 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 staying with a professional guideline, have the ability to get Membership.

The main objective of the ICBA is to supply professional membership to Junior and Senior Accounting professionals, 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 for a ICB Business management diploma?

All companies require qualified people in management.

The list below types of services are basic examples:

– Manufacturing companies

– Service organizations

– Retailers.

– Logistics and Supply Chain Manager Banks.

– Own business.

– Business Analyst.

– Operations Manager General Supervisor.

– Compliance Officer.

– Management Expert.

What are the benefits of studying for a ICB business management diploma?

Management involves a broad capability that can benefit you in any workplace.

Here are some of the advantages of studying business management:

– You will gain a great grasp of the realities of business world.

– You will discover the Importance of team effort.

– You will find out ways to handle people.

– You will discover entrepreneurship.

– You will have the ability to integrate your business management knowledge and skills with a range of other abilities in order to pursue different career courses.

– You will find out about different aspects of running your own business.

– You will get a better understanding of what to get out of staff members.

– You will learn more about companies and how they are structured.

– You will find out the best ways to interact better on a professional level.

Learn how to make a business prosper!

This programme hits the spot if you have ambitions of handling a business and its finances.

Great business management is vitally important for a company\’s industrial success. In this ICB programme, you\’ll discover business and financial management finest practices, office and legal practice, human resource management, computer system literacy, global business technique and research techniques in commerce.

Your very first certification in simply 3 topics

You can attain the ICB Business Management: Foundation Level after finishing just 3 topics (and achieve 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, overall credits: 120).


9 months.

Entry requirements.

Grade 11 (Std 9) or equivalent.


  1. Business Management 1 (BMT1).
  2. Bookkeeping to Trial Balance (BKTB).
  3. 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 Scientist, Junior Analyst, Sales Assistant.

Exactly what I\’ll have the ability to do

Show an understanding of the documents, processing and recording of a business\’s financial transactions. Interact effectively with business stakeholders. Show that you know exactly what it indicates to be a general supervisor. Cost and cost products and manage working capital. Operate a desktop computer.

Intermediate Level

Higher Certificate

Office Administration

NQF Level.

( NQF L5 – SAQA ID 23619, overall cumulative credits: 240).


+15 months.

Entry requirements.

National Certificate: Small Business Financial Management (need to include the Business Management 1 subject).


  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 Manager, Labour Relations Supervisor, Field/Floor/Store/ Department Supervisor, Customer care Manager.

What I\’ll be able to do

Manage your journal and work schedule as a manager. Operate efficiently as a basic office manager of a business. Apply marketing, law, PR, and economics principles in business. Draw up and translate financial statements and reports. Work efficiently with the HR and labour relations departments. Use business development concepts for local and worldwide growth.

Advanced Level

National Diploma

Financial Accounting

NQF Level.

( NQF L6 – SAQA ID 20366, overall cumulative credits: 280).


+12 months.

Entry requirements.

Higher Certificate: Office Administration (must include the Business Management 2 subject).


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

What my title can be

Financial Accounting professional, Accounting Officer (via SAIBA if you meet their criteria). Field/Floor/Store/ Department Manager, Key Account Supervisor, Business Supervisor, Business Specialist, Business Advisor, Service or Sales Supervisor.

What I\’ll be able to do

Work with management details systems at a business level. Prepare a business for internal/external audit. Apply concepts of strategic intent and strategic thinking in an international business environment. Apply supervisory finance and control principles in a business environment. Prepare and translate 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 get in 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 unbelievable tool to help you study. Do not leave it to the eleventh hour or you\’ll actually be disadvantaging yourself!

Go into for an ICB exam

Class students will do this through their colleges.

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

Select your qualifications initially. Then choose the subjects, exam dates and places for your assessments, and send your test entry in addition to the required charge. All students will get an e-mail validating their examination entries.

The step-by-step guide to the ICB Learner Portal shows you exactly how to do all of this.

How does ICB examination work?

When you sign up to study an ICB course, you\’ll also need to register to be taken a look at for it. This is so that they can determine at the end of it whether you know and comprehend the course material all right to pass. Each ICB programme is designed to have specific outcomes. These results 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 evaluation 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 evaluation policy, 1 credit equates to 10 notional hours. Notional learning hours are thought about to be the time taken by the average student to attain the defined knowing outcomes.

What occurs if I fail my ICB exam?

Don\’t worry if you do not pass very first time, you can get a second chance, With an ICB

Re-Assesment If you are assessed as \’not yet proficient\’ in a topic (you did not pass it), you will have a chance to compose one re-assessment, which is only a summative final exam with a pass mark of 60% (no PoE required– the exam counts totally towards your grade).

You need to finish the re-assessment within 12 months of your original summative evaluation date. We do suggest you write your re-assessments as quickly as you can, as subject content does change. If you miss your re-assessment, or you are \’not yet competent\’ in it, you can\’t renovate it. You will have to re-enter for the subject and start 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 personalized to that specific subject.

Distance learning students will get their Portfolios straight.

Exactly what must I do when I get my PoE?

Examine that your specific 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 crucial overview of studying your ICB topic!

Your ICB Administration Guide tells you exactly what to do throughout your ICB research studies. It discusses ways to complete your PoE, and consists of great deals of types you have to finish.

Overcome it step by step and follow all the directions in it, and you\’ll be on track for success!

ICB Tests and projects

For each subject, the ICB sets 3 Assignments and 2 Tests that help you to assess your understanding 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 speakers throughout their research studies.

Response Books

You\’ll also discover blank answer books in your PoE for you to make up the answers to your ICB Tests and Assignments in.

Why is my PoE so essential?

The ICB finding experience is unique– our scholastic group has created it to use you the very best possible chance of finding out successfully and passing your subject the first time.

Nevertheless it\’s not almost passing the test Our approach ensures you get a deep and substantial understanding of your course items.

So you don\’t merely get a credentials– you gain skills that you can use in your task from day 1.

When do I hand in my PoE?

A number of days before your last examination, go through the list in your ICB Portfolio Administration Guide and make sure you have actually 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 need to include the exam concern and answer documents to your PoE, and hand everything in together. You can not send out 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 require 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 have to start the subject over by re-entering for the exam and getting a brand-new PoE.

Everything You Had 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 undertake during your course. Your Portfolio of Evidence (PoE) is a folder provided to you at the start of the course, when you\’ve registered for an assessment with the ICB. You\’ll have to put any assignments provided 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 evaluation will count for the staying 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 truly understand your stuff. You\’ll have to get at least 50% for this exam to pass, no matter your overall mark.

This does not indicate that you can slack with your activities and examinations throughout your studies, as they fully prepare you for the final evaluation, and also offer evidence of the hard work you\’ve.

What takes place if I need to postpone an assessment?

Should you need to delay your ICB exams then you will have to examine the Evaluation Timetables to see when you have to submit posts ponement by and pay a postponement cost. There are cut-offs for these for each evaluation cycle so make certain you ask for a postponement in time.

If you need to postpone your assessment because you\’re ill on the day, you can apply for a totally free postponement (consist of a physician\’s certificate with your request), which might be provided at the ICB\’s discretion. Evaluation for topics can be held off once only if we have gotten your post ponement fee in time.


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

Distance learning students will have the ability to get their outcomes on the Trainee Portal, and they will likewise be emailed to you.

Register with a professional body

If you have really ended up a full accreditation, you can apply to join a professional body like the ICBA.

Exactly what I can do with my ICB qualifications

Along with making you appealing to employers and clients, your ICB qualifications can also lead you to these chances:.

Study even more with the ICB

Accredited, reputable 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 employers, and our graduates are identified in your area and internationally by a number of professional bodies. ICB qualifications are modular, which implies you can build on them as your studies or career development. You can also certify in another programme simply by completing a couple of more subjects. See the table on page 7 for more.

Discover a job

In association with CareerJunction, South Africa\’s extremely popular job 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 Accountants (ACCA) are respected, worldwide, accounting professional bodies – headquartered 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 up to 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 quality. ICB graduates holding the National Diploma: Financial Accounting NQF 6 certification can study further through ACCA. You will receive up to 6 exemptions to advance your studies towards becoming 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

As soon as you\’ve finished your studies through the ICB, there are several 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, along with other relevant qualifications that are signed up on the South African National Qualifications Framework. Foreign qualifications are also identified, as long as they have been evaluated by SAQA.

If you want to register as a tax practitioner, you\’ll need to end up being a member of SAIT. SAIT recognises 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 requirements– please call them for information.

Diploma in Business Management salary |

Last updated: April 2, 2019

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