Do you desire a ICB Business management Diploma?
The ICB offers a completely recognized business management courses that will approve you your ICB business management diploma.
Here are some of the qualifications you might 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 might include making a profit, preserving stability, and producing job opportunity. People who study business courses are offered the chance to learn about managing organisations of numerous sizes. They likewise discover the relationships in between companies and the communities that they serve. Studying a business management course might assist you on your way to becoming a leader in business environment.
The Institute of Certified Bookkeepers
The Institute of Certified Bookkeepers is a Professional Body that has actually existed since 1931. In South Africa the functions of professional bodies use to incorporate both Professional Membership along with Education and Training. Nevertheless, scholastic policies and laws over 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 academic body continues under the name Institute of Certified Bookkeepers.
The (brand-new) ICB, that is the body solely handling 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 Services).
This suggests that the ICB is authorized by FASSET to recognize training companies. Serve as the evaluation (exams) body for the ICB courses, used by training business certified by them.
Presently the QCTO (the Quality Council for Trades and Occupations) remains in the procedure of managing the obligation for all SETAs. That implies that FASSET “falls under” the QCTO. This may have some result on the info of the accreditation process in the future. Both FASSET and the QCTO are bodies developed 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, along with working experience, and adhering to a professional standard operating procedure, have the capability to get Membership.
The main goal of the ICBA is to provide professional membership to Junior and Senior Accounting professionals, in addition to Junior Accountants and Financial Accountants, in addition to Office Administrators. As an ICB student, 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 need certified people in management.
The list below types of businesses are basic examples:
– Production services
– Service organizations
– Logistics and Supply Chain Supervisor Banks.
– Own business.
– Business Analyst.
– Operations Manager General Manager.
– Compliance Officer.
– Management Consultant.
Exactly what are the benefits of studying for a ICB business management diploma?
Management requires a broad skill set that can benefit you in any workplace.
Here are a few of the benefits of studying business management:
– You will get a great grasp of the truths of the business world.
– You will learn about the Importance of teamwork.
– You will find out ways to manage people.
– You will learn more about entrepreneurship.
– You will be able to integrate your business management understanding and skills with a range of other abilities in order to pursue different career courses.
– You will find out about numerous aspects of running your very own business.
– You will acquire a better understanding of what to anticipate from staff members.
– You will learn more about organizations and how they are structured.
– You will discover ways to interact better on a professional level.
Find out how to make a business succeed!
This programme hits the spot if you have ambitions of handling a business and its finances.
Excellent business management is essential for a business’s commercial success. In this ICB programme, you’ll learn more about 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 first certification in just 3 topics
You can attain the ICB Business Management: Foundation Level after finishing just 3 subjects (and accomplish the National Certificate: Small Business Financial Management). Continue your studies to advance to the Intermediate and Advanced Levels, and their associated nationally recognized qualifications.
( NQF L4 – SAQA ID 48736, total credits: 120).
Grade 11 (Std 9) or comparable.
- 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 Scientist, Junior Analyst, Sales Assistant.
Exactly what I’ll be able to do
Show an understanding of the documentation, processing and recording of a business’s financial transactions. Communicate efficiently with the business stakeholders. Program that you know what it means to be a basic manager. Expense and rate products and handle working capital. Operate a personal computer.
( NQF L5 – SAQA ID 23619, overall cumulative credits: 240).
National Certificate: Small Business Financial Management (need to consist of business Management 1 subject).
- 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 Manager, Labour Relations Supervisor, Field/Floor/Store/ Department Manager, Client service Manager.
Exactly what I’ll be able to do
Manage your journal and work schedule as a supervisor. Run effectively as a basic office supervisor of a business. Apply marketing, law, PR, and economics concepts in business. Prepare and interpret financial declarations and reports. Work effectively with the HR and labour relations departments. Apply business growth concepts for local and global growth.
( NQF L6 – SAQA ID 20366, total cumulative credits: 280).
Higher Certificate: Office Administration (need to 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 argumentation, topic: Business Management) (RTAP).
What my title can be
Financial Accounting professional, Accounting Officer (by means of SAIBA if you fulfill their requirements). Field/Floor/Store/ Department Manager, Secret Account Manager, Business Supervisor, Business Specialist, Business Advisor, Service or Sales Supervisor.
What I’ll have the ability to do
Deal with management details systems at a business level. Prepare a business for internal/external audit. Apply principles of strategic intent and strategic thinking in a worldwide business environment. Apply managerial finance and control principles in an industrial environment. Prepare and analyze financial statements and reports in accordance with IFRS.
Test Dates and Venues
Class trainees: The majority 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 assessments fees 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 truly be disadvantaging yourself!
Go into for an ICB exam
Classroom trainees will do this through their colleges.
Distance learning trainees 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 in addition to the required cost. 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 also need to register to be analyzed for it. This is so that they can determine at the end of it whether you understand and comprehend the course material well enough to pass. Each ICB program is designed to have particular outcomes. These outcomes are things that you will be able to do and understand as a result of your studies. This is the most vital part of the ICB assessment policy.
Each outcome requires a certain 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 equals 10 notional hours. Notional knowing hours are considered to be the time taken by the average student to accomplish the specified learning results.
What occurs if I fail my ICB exam?
Don’t worry if you do not pass very first time, you can get a 2nd possibility, With an ICB
Re-Assesment If you are examined as ‘not yet skilled’ in a subject (you did not pass it), you will have a possibility to write one re-assessment, which is only a summative final exam with a pass mark of 60% (no PoE needed– the exam counts fully towards your grade).
You need to finish the re-assessment within 12 months of your initial summative assessment date. We do suggest you compose your re-assessments as soon as you can, as subject material 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 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 specific subject.
How many Portfolios will I get?
You’ll get one PoE per subject per exam. Each PoE is customized to that particular subject.
Distance learning trainees will get their Portfolios straight.
Exactly what must I do when I get my PoE?
Analyze that your individual info 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.
What’s inside my PoE?
Your ICB Portfolio Administration Guide
This is your crucial overview of studying your ICB topic!
Your ICB Administration Guide informs 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 need to end up.
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 topic, the ICB sets 3 Assignments and 2 Tests that assist you to assess your understanding during your studies.
Distance learning trainees will discover 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 offered by their lecturers throughout their research studies.
You’ll likewise find blank answer books in your PoE for you to compose the answers to your ICB Tests and Tasks in.
Why is my PoE so crucial?
The ICB discovering experience is unique– our scholastic team has actually created it to use you the very best possible opportunity of discovering successfully and passing your subject the first time.
However it’s not practically passing the test Our technique ensures you get a deep and substantial understanding of your course items.
So you do not merely get a certification– you acquire skills that you can use 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 checklist in your ICB Portfolio Administration Guide and ensure 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 Last test
When you have finished composing your final exam, you should consist of the exam concern and response documents 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 postponement 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 postpone it in time, you’ll have to begin the subject over by returning to for the exam and getting a brand-new PoE.
Everything You Had to Know
Wondering how you ICB course will be graded? It’s easy. 30% of your last mark comes from the activities and assessments you undertake throughout your course. Your Portfolio of Evidence (PoE) is a folder provided to you at the start of the course, once you’ve registered for an evaluation with the ICB. You’ll have to put any tasks given to you in addition to the tests you take in it. Your PoE is total when your last assessment is added to it at the end of your course.
Your final assessment 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, despite your overall mark.
This doesn’t indicate that you can slack with your activities and evaluations during your studies, as they fully prepare you for the last evaluation, as well as supply evidence of the hard work you’ve.
What happens if I need to delay an evaluation?
Must you need to postpone your ICB exams then you will need to inspect the Evaluation Timetables to see when you have to send posts ponement by and pay a postponement charge. There are cut-offs for these for each assessment cycle so make certain you ask for a postponement in time.
If you need to delay your assessment since you’re ill on the day, you can apply for a totally free postponement (include a physician’s certificate with your demand), which may be issued at the ICB’s discretion. Assessment for topics can be postponed once only if we have actually received your post ponement cost in time.
Outcomes are released 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 Trainee 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 register with a professional body like the ICBA.
Exactly what I can do with my ICB qualifications
As well as making you appealing to employers and clients, your ICB qualifications can also lead you to these opportunities:.
Study further with the ICB
Accredited, trustworthy 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 in your area and worldwide by a number of professional bodies. ICB qualifications are modular, which implies you can build on them as your studies or career progress. You can likewise certify in another program just by completing a couple of more topics. See the table on page 7 for more.
Discover a task
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 further elsewhere with credit for your ICB credentials.
The Chartered Institute of Management Accountants (CIMA) and the Association of Chartered Certified Accountants (ACCA) are respected, global, accounting professional bodies – locateded 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, innovation and excellence. ICB graduates holding the National Diploma: Financial Accounting NQF 6 qualification can study even more through ACCA. You will get as much as 6 exemptions to advance your studies towards becoming a Chartered Certified Accounting professional with ACCA.
Chartered Secretaries Southern Africa provides numerous professional qualifications in this particular field of corporate governance, and grants exemptions for certain ICB subjects.
Professional Membership Opportunities
Once you have actually finished your studies through the ICB, there are numerous local 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 qualification( s) and work experience. The ICBA recognises all the ICB’s current qualifications, in addition to other appropriate qualifications that are registered on the South African National Qualifications Framework. Foreign qualifications are likewise recognised, as long as they have actually been examined by SAQA.
If you want to register as a tax specialist, 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 qualification need to upgrade 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 information.
Last Updated : July 18 2017