Do you want a Diploma in Business management?
The ICB offers a fully recognized business management courses that will grant you your business management diploma. You can read more on the ICB Business Management courses here. Even if you are currently working you can still study this course part-time. To find out how, read this page about the ICB Part-time Courses.
Here are a few of the qualifications you could get:
– National Certificate: Small Business Financial Management
– Higher Certificate: Office Administration
– National Diploma: Financial Accounting
For more information on the Office Administration courses you can read this https://www.skillsacademy.co.za/icb-office-administration ICB Office Administration page.
Why Study for a Business Management diploma?
The objectives of any business might consist of making a profit, keeping stability, and producing job opportunity. Individuals who study business courses are offered the chance to discover managing companies of numerous sizes. They also learn more about the relationships in between companies 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 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 in addition to Education and Training. However, scholastic regulations and laws in the last few years made these bodies split those functions.
Therefore, the historical 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 exclusively managing 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 Solutions).
This suggests that the ICB is authorized by FASSET to acknowledge training companies. Serve as the examination (exams) body for the ICB courses, used by training business accredited by them.
Presently the QCTO (the Quality Council for Trades and Occupations) is in the procedure of dealing with the commitment for all SETAs. That suggests that FASSET \”falls under\” the QCTO. This might have some effect on the details of the accreditation process in the future. Both FASSET and the QCTO are bodies established in terms of an Act of Parliament.
The ICB, under authority of FASSET (and quickly under authority of the QCTO), is accountable 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 acknowledged by SAQA as a Professional Body and for the registration of 7 professional categories 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 capability to get Membership.
The main goal 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.
Where will I be able to work after studying for a business management diploma?
All businesses require certified individuals in management.
The following types of businesses are basic examples:
– Manufacturing services
– Service organizations
– Logistics and Supply Chain Manager Banks.
– Own business.
– Business Analyst.
– Operations Supervisor General Manager.
– Compliance Officer.
– Management Specialist.
Exactly what are the benefits of studying for a business management diploma?
ICB Business Management Courses give you a broad knowledge base that can benefit you in any working environment.
Here are some of the benefits of studying business management:
– You will get a good grasp of the truths of business world.
– You will learn about the Significance of teamwork.
– You will learn ways to handle individuals.
– You will learn about entrepreneurship.
– You will be able to integrate your business management knowledge and abilities with a series of other skills in order to pursue different career paths.
– You will learn more about various aspects of running your own business.
– You will get a much better understanding of what to get out of staff members.
– You will discover more about organizations and how they are structured.
– You will discover the best ways to interact more effectively on a professional level.
Discover how to make a business prosper!
This program is just the ticket if you have ambitions of managing a business and its finances.
Excellent business management is vitally important for a business\’s business success. In this ICB programme, you\’ll find out about business and financial management finest practices, office and legal practice, personnel management, computer system literacy, international business technique and research approaches in commerce.
Your first certification in simply 3 topics
You can accomplish 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 recognized qualifications.
( NQF L4 – SAQA ID 48736, overall 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 personnels, office management, legal, administration, public relations, marketing, sales, customer relations. Junior Scientist, Junior Expert, Sales Assistant.
Exactly what I\’ll be able to do
Demonstrate an understanding of the documentation, processing and recording of a business\’s monetary deals. Interact effectively with the business stakeholders. Program that you understand what it suggests to be a general supervisor. Cost and rate products and handle working capital. Run a computer.
( NQF L5 – SAQA ID 23619, total cumulative credits: 240).
National Certificate: Small Business Financial Management (should consist of business Management 1 topic).
- 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 Manager, Customer care Supervisor.
Exactly what I\’ll be able to do
Handle your diary and work schedule as a manager. Run efficiently as a general office manager 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. Use business growth principles for local and international growth.
( NQF L6 – SAQA ID 20366, overall cumulative credits: 280).
Higher Certificate: Office Administration (must 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 dissertation, topic: Business Management) (RTAP).
What my title can be
Financial Accountant, Accounting Officer (via SAIBA if you meet their criteria). Field/Floor/Store/ Department Supervisor, Secret Account Supervisor, Business Supervisor, Business Specialist, Business Advisor, Service or Sales Supervisor.
What I\’ll have the ability to do
Deal with management info systems at a corporate level. Prepare a business for internal/external audit. Apply principles of tactical intent and tactical thinking in an international business environment. Apply supervisory finance and control concepts in an industrial environment. Draw up and translate monetary declarations and reports in accordance with IFRS.
Test Dates and Venues
Class trainees: Most of the colleges hold exams on-site monthly, so check exactly 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 extraordinary tool to assist you study. Do not leave it to the eleventh hour or you\’ll really 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 Student Portal online.
Select your qualifications at first. Then select he topics, exam dates and places for your examinations, and send your test entry together with the needed charge. All trainees will get an e-mail validating their examination entries.
How does ICB examination work?
When you sign up to study an ICB course, you\’ll likewise have to sign up 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 all right to pass. Each ICB programme is created 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 crucial part of the ICB evaluation policy.
Each result needs a specific amount of time for you to achieve 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 typical student to accomplish the defined knowing outcomes.
What takes place if I fail my ICB exam?
Do not panic if you do not pass very first time, you can get a second possibility, With an ICB Re-Assesment If you are examined as \’not yet competent\’ in a topic (you did not pass it), you will have a chance to write one re-assessment, which is only a summative last exam with a pass mark of 60% (no PoE required– the exam counts totally to your grade).
You need to complete the re-assessment within 12 months of your initial summative assessment date. We do advise you write your re-assessments as quickly 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 start it over by finishing a 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 topic.
How many Portfolios will I get?
You\’ll get one PoE per subject per exam. Each PoE is tailored to that specific topic. Distance learning students will get their Portfolios directly.
What must I do when I get my PoE?
Examine that your private 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 details where you are asked to.
Exactly what\’s inside my PoE?
Your ICB Portfolio Administration Guide.
This is your important introduction of studying your ICB topic!
Your ICB Administration Guide tells you exactly what to do throughout your ICB research studies. It goes over ways to finish your PoE, and consists of 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 help you to evaluate your knowledge during your studies.
Distance learning students will discover 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 offered by their lecturers throughout their research studies.
You\’ll also discover blank response books in your PoE for you to make up the answers to your ICB Tests and Projects in.
Why is my PoE so vital?
The ICB finding experience is distinct– our scholastic team has actually created it to provide you the absolute best possible possibility of discovering successfully and passing your subject the first time.
Nevertheless it\’s not nearly passing the test Our technique ensures you get a deep and extensive understanding of your course products.
So you do not merely get a credentials– you get skills that you can utilize in your job from day 1.
When do I hand in my PoE?
A number of days prior to your last examination, go through the list in your ICB Portfolio Administration Guide and ensure you have actually 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 Last test
When you have finished composing your final exam, you should include 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.
Sick on exam day?
You can apply for a medical postponement and you\’ll require a medical certificate. Contact your college or the ICB for more details.
Missed your exam?
If you did not attend your exam, and did not delay it in time, you\’ll have to begin 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 easy. 30% of your last mark comes from the activities and evaluations you undertake throughout your course. Your Portfolio of Evidence (PoE) is a folder offered to you at the start of the course, when you\’ve registered for an assessment with the ICB. You\’ll need to put any projects provided to you in addition to the tests you take in it. Your PoE is total when your last assessment is contributed to it at the end of your course.
Your final 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 inspect to see if you actually understand your things. You\’ll need to get at least 50% for this exam to pass, no matter your total mark.
This does not imply that you can slack with your activities and assessments during your studies, as they completely prepare you for the last assessment, as well as supply evidence of the hard work you\’ve.
What occurs if I have to postpone an evaluation?
Must you need to postpone your ICB exams then you will need to check the Assessment Timetables to see when you have to submit posts ponement by and pay a post ponement cost. There are cut-offs for these for each evaluation cycle so make certain you ask for a post ponement in time.
If you have to postpone your assessment because you\’re ill on the day, you can apply for a totally free post ponement (include a physician\’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 gotten your post ponement charge in time.
Results are launched about 7 weeks after your examination. See the ICB exam timetables for outcomes release dates.
Distance learning trainees will be able to get their results on the Student Portal, and they will similarly be emailed to you.
Register with a professional body
If you have really ended up a complete accreditation, you can apply to join a professional body like the ICBA.
What I can do with my ICB qualifications
As well as making you attractive to companies and clients, your ICB qualifications can likewise lead you to these chances:.
Study further with the ICB
Accredited, trusted and acknowledged qualifications.
All ICB qualifications are signed up 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 globally by numerous professional bodies. ICB qualifications are modular, which suggests you can build on them as your studies or career progress. You can also certify in another program just by finishing 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 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, global, accounting professional bodies – locateded in the UK. CIMA and ACCA grant exemptions to the qualifications the ICB offers.
CIMA provides 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 qualification can study even more through ACCA. You will get up to 6 exemptions to further your studies to becoming a Chartered Certified Accountant with ACCA.
Chartered Secretaries Southern Africa provides numerous professional qualifications in this particular field of corporate governance, and grants exemptions for certain ICB topics.
Professional Membership Opportunities
When you have actually finished your studies through the ICB, there are numerous local 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 variety of levels based upon your certification( s) and work experience. The ICBA identifies all the ICB\’s present qualifications, in addition to other relevant qualifications that are signed up on the South African National Qualifications Framework. Foreign qualifications are likewise acknowledged, as long as they have actually been evaluated by SAQA.
If you want to register as a tax professional, 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 must upgrade this to the National Diploma: Technical Financial Accounting within a year of ending up being a member. SAIT has numerous other membership requirements– please contact them for information.
Last Updated : March 29, 2019