Wish to know what jobs can you get with a Business Management diploma?
All organisations need certified people in management.
The following types of companies are general business management jobs you can get into:
– Production businesses
– Service organizations
– Retailers.
– Logistics and Supply Chain Manager Financial institutions.
– Own business.
– Business Analyst.
– Operations Manager General Manager.
– 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 really existed due to the fact that 1931. In South Africa the functions of professional bodies utilize to incorporate both Professional Membership along with Education and Training. Nevertheless, academic regulations and laws in the last few years made these bodies divided 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 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 recommends that the ICB is authorized by FASSET to acknowledge training companies. Work 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) is in the process of dealing with the commitment for all SETAs. That implies that FASSET \”falls under\” the QCTO. This might have some impact on the information 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 responsible for the quality assurance and evaluations (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).
Normally a trainee would study ICB qualifications, and on the strength of their qualifications, along with working experience, and adhering to a professional standard operating procedure, have the ability to obtain Membership.
The primary objective of the ICBA is to offer 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.
What are the benefits of studying for ICB business management?
Management entails a broad skill set that can benefit you in any working environment.
Here are some of the benefits of studying business management:
– You will acquire a good grasp of the truths of the business world.
– You will discover the Value of team effort.
– You will learn the best ways to manage individuals.
– You will learn more about entrepreneurship.
– You will have the ability to integrate your business management understanding and abilities with a series of other skills in order to pursue various career paths.
– You will learn more about various elements of running your own business.
– You will acquire a better understanding of what to get out of workers.
– You will find out more about organizations and how they are structured.
– You will learn the best ways to connect more effectively on a professional level.
Discover the best ways to make a business succeed!
This program hits the spot if you have ambitions of handling a business and its finances.
Good business management is critically important for a business\’s business success. In this ICB programme, you\’ll learn about business and financial management finest practices, office and legal practice, human resource management, computer system literacy, global business method and research techniques in commerce.
Your first certification in simply 3 topics
You can attain the ICB Business Management: Foundation Level after completing simply 3 subjects (and accomplish 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, total credits: 120).
Duration.
9 months.
Entry requirements.
Grade 11 (Std 9) or comparable.
Topics
- 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 Expert, Sales Assistant.
Exactly what I\’ll have the ability to do
Show an understanding of the paperwork, processing and recording of a business\’s financial transactions. Interact successfully with business stakeholders. Program that you understand exactly what it implies to be a general manager. Expense and rate items and handle working capital. Run a computer.
Intermediate Level
Higher Certificate
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 Manager, Labour Relations Manager, Field/Floor/Store/ Department Supervisor, Client service Manager.
What I\’ll have the ability to do
Manage your diary and work schedule as a manager. Operate efficiently as a basic office manager of a business. Apply marketing, law, PR, and economics concepts in business. Prepare and analyze financial statements and reports. Work effectively with the HR and labour relations departments. Apply business development principles for local and international growth.
Advanced Level
National Diploma
NQF Level.
( NQF L6 – SAQA ID 20366, total cumulative credits: 280).
Period.
+12 months.
Entry requirements.
Higher Certificate: Office Administration (should include 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 dissertation, topic: Business Management) (RTAP).
What my title can be
Financial Accounting professional, Accounting Officer (through SAIBA if you fulfill their criteria). Field/Floor/Store/ Department Manager, Secret Account Manager, Business Manager, Business Consultant, Business Advisor, Service or Sales Manager.
Exactly what I\’ll be able to do
Deal with management information systems at a business level. Prepare a business for internal/external audit. Apply concepts of strategic intent and tactical thinking in a global business environment. Apply supervisory finance and control concepts in a commercial environment. Prepare 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 get in 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 evaluations costs as early as possible, so we can send you your PoE ASAP. Your PoE is an incredible 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 trainees will do this through their colleges.
Distance learning trainees will enter upon the ICB Trainee Website online.
Select your qualifications initially. Then choose he subjects, exam dates and locations for your examinations, and send your test entry together with the required cost. All trainees will get an email verifying their examination entries.
How does ICB examination work?
When you register to study an ICB course, you\’ll likewise have to sign up to be taken a look at for it. This is so that they can figure out at the end of it whether you understand and understand the course material well enough to pass. Each ICB programme is designed to have specific outcomes. These results are things that you will be able to do and understand as a result of your studies. This is the most crucial part of the ICB assessment policy.
Each outcome needs 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 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 happens if I fail my ICB exam?
Do not stress if you do not pass first time, you can get a 2nd chance, With an ICB Re-Assesment If you are evaluated as \’not yet competent\’ 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 completely 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 quickly as you can, as subject material does alter. If you miss your re-assessment, or you are \’not yet qualified\’ in it, you can\’t renovate it. You will need 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 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 personalized to that particular topic.
Distance learning students will get their Portfolios directly.
Exactly what must I do when I get my PoE?
Analyze that your private info on the cover are right. Let you\’re your college/the ICB comprehend As Soon As Possible if anything is wrong.
Go through the whole PoE and fill in information where you are asked to.
What\’s inside my PoE?
Your ICB Portfolio Administration Guide
This is your crucial introduction of studying your ICB topic!
Your ICB Administration Guide tells you exactly what to do throughout your ICB research studies. It talks about ways to finish your PoE, and contains lots of types you have 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 tasks
For each topic, the ICB sets 3 Projects and 2 Tests that assist you to assess your knowledge 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 during 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 Projects in.
Why is my PoE so crucial?
The ICB finding experience is unique– our scholastic team has created it to offer you the very best possible possibility of discovering effectively and passing your subject the first time.
However it\’s not nearly passing the test Our technique guarantees you get a deep and substantial understanding of your course items.
So you do not just get a certification– you acquire abilities that you can use in your job from day 1.
When do I hand in my PoE?
A number of days before your last examination, go through the checklist in your ICB Portfolio Administration Guide and make certain you have really done and consisted of everything. Make a copy of our whole PoE as a backup.
Take your completed PoE to your last test. You\’ll hand it there in.
Your Final test
When you have finished composing your final exam, you must consist of the exam concern and response 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 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 delay it in time, you\’ll need to start 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 last mark originates from the activities and assessments you carry out during your course. Your Portfolio of Evidence (PoE) is a folder offered to you at the start of the course, when you have actually registered for an evaluation with the ICB. You\’ll need to put any tasks 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 final 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 inspect to see if you actually know your things. You\’ll need to get at least 50% for this exam to pass, despite your general mark.
This does not imply that you can slack with your activities and evaluations during your studies, as they totally prepare you for the last assessment, and also provide evidence of the hard work you have actually.
Exactly what occurs if I need to delay an evaluation?
Need to you have to postpone your ICB exams then you will have to examine the Evaluation Timetables to see when you have to submit postponements by and pay a post ponement cost. There are cut-offs for these for each evaluation cycle so make sure you request a postponement in time.
If you have to delay your assessment due to the fact that you\’re ill on the day, you can apply for a totally free post ponement (include a medical professional\’s certificate with your request), which may be provided at the ICB\’s discretion. Evaluation for topics can be held off once only if we have gotten your post ponement cost in time.
Outcomes
Outcomes are launched about 7 weeks after your examination. See the ICB exam timetables for outcomes release dates.
Distance learning students will be able to get their results on the Student Portal, 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 sign up with a professional body like the ICBA.
Exactly what I can do with my ICB qualifications
Along with making you attractive to companies and customers, your ICB qualifications can likewise lead you to these opportunities:.
Study even more with the ICB
Accredited, credible and acknowledged 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 identified locally 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 likewise qualify in another program simply by completing a few more subjects. See the table on page 7 for more.
Find a job
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 – locateded 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 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 accounting professionals, with over 110 years of experience, innovation and excellence. 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 to ending up being a Chartered Certified Accounting professional with ACCA.
Chartered Secretaries Southern Africa provides a number of professional qualifications in this specific field of business governance, and grants exemptions for certain ICB topics.
Professional Membership Opportunities
As soon as you\’ve completed your studies through the ICB, there are several 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 upon your certification( s) and work experience. The ICBA recognises all the ICB\’s present qualifications, in addition to other appropriate qualifications that are registered on the South African National Qualifications Framework. Foreign qualifications are also identified, as long as they have been evaluated by SAQA.
If you wish to sign up as a tax practitioner, 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 register 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 several other membership criteria– please call them for information.
| Business Management salary in South Africa per month
Last Updated : July 24 2017