What can i do with my diploma in Business Management?
All businesses need qualified individuals in management.
The list below types of businesses are general business management jobs you can get into:
– Manufacturing businesses
– Service companies
– Logistics and Supply Chain Supervisor Financial institutions.
– Own business.
– Business Analyst.
– Operations Manager General Manager.
– Compliance Officer.
– Management Specialist.
– 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 guidelines and laws over the last few years made these bodies divided 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 (brand-new) ICB, that is the body entirely managing 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 Services).
This suggests that the ICB is licensed by FASSET to acknowledge training business. Act as the examination (exams) body for the ICB courses, used by training business certified by
Currently the QCTO (the Quality Council for Trades and Occupations) is in the process of managing the commitment for all SETAs. That implies that FASSET “falls under” the QCTO. This may have some result on the details of the accreditation process 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 responsible 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 recognized by SAQA as a Professional Body and for the registration of 7 professional categories on the National Qualifications Framework (NQF).
Generally a trainee would study ICB qualifications, and on the strength of their qualifications, together with working experience, and staying with a professional standard procedure, have the ability to get Membership.
The primary objective of the ICBA is to offer 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 Student Subscription of the ICBA.
Exactly what are the advantages of studying for ICB business management?
Management requires a broad ability that can benefit you in any workplace.
Here are some of the advantages of studying business management:
– You will acquire a great grasp of the truths of the business world.
– You will learn about the Significance of teamwork.
– You will find out the best ways to manage people.
– You will learn about entrepreneurship.
– You will have the ability to integrate your business management understanding and abilities with a variety of other skills in order to pursue different career courses.
– You will find out about numerous elements of running your own business.
– You will get a better understanding of exactly what to anticipate from staff members.
– You will find out more about companies and how they are structured.
– You will discover the best ways to engage better on a professional level.
Find out how to make a business prosper!
This program is just the ticket if you have ambitions of handling a business and its finances.
Good business management is essential for a business’s business success. In this ICB programme, you’ll discover business and financial management best practices, office and legal practice, human resource management, computer literacy, worldwide business strategy and research approaches in commerce.
Your first credentials in just 3 subjects
You can achieve the ICB Business Management: Foundation Level after completing just 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 recognized qualifications.
( 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, customer relations. Junior Scientist, Junior Analyst, Sales Assistant.
What I’ll have the ability to do
Demonstrate an understanding of the documents, processing and recording of a business’s financial transactions. Communicate successfully with business stakeholders. Show that you know what it indicates to be a basic supervisor. Expense and rate items and handle working capital. Run a desktop computer.
( NQF L5 – SAQA ID 23619, overall cumulative credits: 240).
National Certificate: Small Business Financial Management (should include 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 Manager, Human Resources Supervisor, Labour Relations Supervisor, Field/Floor/Store/ Department Supervisor, Client service Supervisor.
What I’ll have the ability to do
Handle your diary and work schedule as a manager. Run effectively as a basic office manager of a business. Apply marketing, law, PR, and economics principles in business. Draw up and interpret financial declarations and reports. Work efficiently with the HR and labour relations departments. Apply business development principles for local and worldwide growth.
( NQF L6 – SAQA ID 20366, total cumulative credits: 280).
Higher Certificate: Office Administration (should 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 short argumentation, subject: Business Management) (RTAP).
What my title can be
Financial Accountant, Accounting Officer (via SAIBA if you meet their requirements). Field/Floor/Store/ Department Manager, Secret Account Manager, Business Supervisor, Business Specialist, Business Consultant, Service or Sales Manager.
Exactly what I’ll be able to do
Work with management details systems at a business level. Prepare a business for internal/external audit. Apply principles of strategic intent and tactical thinking in an international business environment. Apply supervisory finance and control principles in a business environment. Draw up and analyze financial statements and reports in accordance with IFRS.
Test Dates and Venues
Class trainees: Most of the colleges hold exams on-site monthly, so examine what your college’s schedule is.
Distance learning students can go into the ICB tests in February, May, July, September and November. Tests happen at the ICB approved evaluation centres around southern Africa.
Pay your ICB registration and examinations fees as early as possible, so we can send you your PoE ASAP. Your PoE is an extraordinary tool to assist you study. Do not leave it to the eleventh hour or you’ll really be disadvantaging yourself!
Get in for an ICB exam
Class students will do this through their colleges.
Distance learning trainees will enter upon the ICB Trainee Website online.
Select your qualifications at first. Then pick he subjects, exam dates and locations for your assessments, and send your test entry in addition to the required fee. All trainees will get an email validating their examination entries.
How does ICB examination work?
When you sign up to study an ICB course, you’ll likewise have to register to be examined for
- This is so that they can determine at the end of it whether you understand and understand the course product all right to pass. Each ICB program is developed to have specific 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 important part of the ICB assessment policy.
Each result needs a certain 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 considered to be the time taken by the typical student to achieve the defined knowing outcomes.
Exactly what happens if I fail my ICB exam?
Do not stress if you do not pass first time, you can get a second opportunity, With an ICB Re-Assesment If you are evaluated as ‘not yet proficient’ in a topic (you did not pass it), you will have an opportunity to write 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 should finish the re-assessment within 12 months of your initial summative assessment date. We do suggest 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 renovate it. You will need to re-enter for the subject and begin it over by completing a 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 tailored to that particular subject.
Distance learning students will get their Portfolios directly.
Exactly what must I do when I get my PoE?
Examine that your specific details on the cover are right. Let you’re your college/the ICB understand ASAP if anything is wrong.
Go through the whole PoE and fill in information where you are asked to.
Exactly what’s inside my PoE?
Your ICB Portfolio Administration Guide
This is your essential summary of studying your ICB topic!
Your ICB Administration Guide tells you exactly what to do throughout your ICB research studies. It goes over methods to finish your PoE, and contains great deals of types you have to end up.
Conquer it step by step and follow all the directions in it, and you’ll be on track for success!
ICB Tests and tasks
For each topic, the ICB sets 3 Tasks and 2 Tests that help you to examine your understanding throughout your studies.
Distance learning trainees will find ICB Tests and Projects in their PoE when it gets here.
Classroom-based trainees will get their ICB Projects in their Portfolios, and their ICB Tests will be provided by their speakers during their research studies.
You’ll also 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 crucial?
The ICB finding experience is special– our scholastic group has created it to provide you the best possible chance of learning successfully and passing your subject the first time.
Nevertheless it’s not nearly passing the test Our approach guarantees you get a deep and comprehensive 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 checklist 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 ended up 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 question and answer 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 post ponement and you’ll need a medical certificate. Contact your college or the ICB to learn more.
Missed your exam?
If you did not attend your exam, and did not postpone it in time, you’ll need to start 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 simple. 30% of your final mark comes from the activities and examinations you undertake throughout your course. Your Portfolio of Evidence (PoE) is a folder given to you at the start of the course, as soon as you’ve 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 complete when your final evaluation is contributed to it at the end of your course.
Your last evaluation will count for the remaining 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 doesn’t indicate that you can slack with your activities and evaluations throughout your studies, as they completely prepare you for the last assessment, as well as offer evidence of the hard work you’ve.
Exactly what takes place if I need to hold off an evaluation?
Ought to you need to postpone your ICB exams then you will need to check the Assessment Timetables to see when you have to send postponements by and pay a postponement charge. There are cut-offs for these for each evaluation cycle so ensure you request a post ponement in time.
If you have to postpone your assessment since you’re ill on the day, you can apply for a complimentary post ponement (consist of a medical professional’s certificate with your request), which may be issued at the ICB’s discretion. Assessment for topics can be delayed once only if we have gotten your post ponement fee in time.
Results are released about 7 weeks after your examination. See the ICB exam timetables for outcomes release 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 actually finished a full certification, you can apply to join a professional body like the ICBA.
What I can do with my ICB qualifications
Along with making you attractive to companies and clients, your ICB qualifications can likewise lead you to these opportunities:.
Study further with the ICB
Accredited, respectable 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 identified in your area and globally by several professional bodies. ICB qualifications are modular, which suggests you can build on them as your studies or career progress. You can also qualify in another programme simply by finishing a few more topics. See the table on page 7 for more.
Discover a job
In association with CareerJunction, South Africa’s extremely 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 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 provides.
CIMA offers 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 excellence. ICB graduates holding the National Diploma: Financial Accounting NQF 6 credentials can study further through ACCA. You will get approximately 6 exemptions to further 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 topics.
Professional Membership Opportunities
As soon as you’ve finished your studies through the ICB, there are a number of regional and
international 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 upon your qualification( s) and work experience. The ICBA acknowledges 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 likewise identified, as long as they have been evaluated by SAQA.
If you want 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 certification must update this to the National Diploma: Technical Financial Accounting within a year of becoming a member. SAIT has numerous other membership criteria– please contact them for information.
Last Updated : July 17 2017