Why Study ICB Business Management short courses?

 

The objectives of any business may include earning a profit, preserving stability, and developing job opportunity. Individuals who study ICB Business Management short courses are provided the chance to learn more about managing businesses of numerous sizes. They also learn more about the relationships between businesses and the communities that they serve. Studying a business management short course might help you on your way to becoming a leader in the business environment. The ICB offers a completely accredited business management course programme.

Here is a list of ICB Business management short courses you can pick from:

 

– Business Management 1 (BMT1).

– Bookkeeping to Trial Balance (BKTB).

– Business Literacy (BUSL).

– 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).

– Business Management 3 (BMT3).

– Financial Management and Control (FMCL).

– Financial Reporting and Regulatory Frameworks (FRRF).

– Research Theory and Practice (RTAP).

 

 

The Institute of Certified Bookkeepers

 

The Institute of Certified Bookkeepers is a Professional Body that has really existed because 1931. In South Africa the functions of professional bodies use to incorporate both Professional Membership along with Education and Training. However, scholastic guidelines and laws in the last few years made these bodies divided 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 (new) ICB, that is the body exclusively dealing with 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 licensed by FASSET to acknowledge training companies. Work as the assessment (exams) body for the ICB courses, used by training companies accredited by them.

 

Presently the QCTO (the Quality Council for Trades and Occupations) is in the procedure of managing the obligation for all SETAs. That indicates that FASSET \”falls under\” the QCTO. This may have some effect on the info 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 soon under authority of the QCTO), is liable for the quality control and assessments (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 acknowledged by SAQA as a Professional Body and for the registration of 7 professional categories on the National Qualifications Framework (NQF).

Usually a student would study ICB qualifications, and on the strength of their qualifications, together with working experience, and sticking to a professional standard procedure, have the ability to obtain Membership.

 

The main objective of the ICBA is to provide professional membership to Junior and Senior Accountants, 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.

 

Where will I have the ability to work?

 

All companies need certified individuals in management.

 

The following kinds of services are basic examples:

 

– Production services.

– Service companies.

– Retailers.

– Logistics and Supply Chain Manager Financial institutions.

– Own business.

– Business Analyst.

– Operations Supervisor General Manager.

– Compliance Officer.

– Management Consultant.

 

What are the advantages of studying ICB Business Management short courses?

 

Management requires a broad skill set that can benefit you in any workplace.

 

Here are a few of the advantages of studying ICB Business Management short courses:

 

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

– You will learn more about the Importance of team effort.

– You will find out ways to manage people.

– You will learn about entrepreneurship.

– You will be able to combine your business management understanding and abilities with a series of other skills in order to pursue various career paths.

– You will learn more about different aspects of running your own business.

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

– You will discover more about organizations and how they are structured.

– You will find out ways to interact more effectively on a professional level.

 

Learn ways to make a business prosper!

 

 

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

Good business management is vitally important for a business\’s business success. In this ICB program, you\’ll find out about business and financial management best practices, office and legal practice, human resource management, computer system literacy, worldwide business method and research methods in commerce.

 

Your first qualification in just 3 subjects

 

You can achieve the ICB Business Management: Foundation Level after completing simply 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.

 

Foundation Level

National Certificate

Small Business Financial Management

 

NQF Level.

( NQF L4 – SAQA ID 48736, overall credits: 120).

 

Duration.

9 months.

 

Entry requirements.

Grade 11 (Std 9) or equivalent.

 

Topics

 

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 Researcher, 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. Communicate efficiently with the business stakeholders. Program that you know what it means to be a general manager. Cost and cost products and handle working capital. Run a computer.

 

Intermediate Level

Higher Certificate

Office Administration

 

NQF Level.

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

 

Period.

+15 months.

 

Entry requirements.

National Certificate: Small Business Financial Management (need to consist of business Management 1 subject).

 

Subjects

 

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 Supervisor, Human Resources Supervisor, Labour Relations Manager, Field/Floor/Store/ Department Manager, Customer support Manager.

 

What I\’ll have the ability to do

 

Manage your diary and work schedule as a manager. Operate efficiently as a general office manager of a business. Apply marketing, law, PR, and economics principles in business. Prepare and analyze monetary statements and reports. Work efficiently with the HR and labour relations departments. Use business growth principles for local and international growth.

 

Advanced Level

National Diploma

Financial Accounting

 

NQF Level.

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

 

Period.

+12 months.

 

Entry requirements.

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

 

Topics

 

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 Accountant, Accounting Officer (through SAIBA if you fulfill their criteria). Field/Floor/Store/ Department Supervisor, Key Account Supervisor, Business Manager, Business Specialist, Business Consultant, Service or Sales Supervisor.

 

Exactly what I\’ll be able to do

 

Deal with management details systems at a business level. Prepare a business for internal/external audit. Apply concepts of tactical intent and strategic thinking in a global business environment. Apply supervisory finance and control concepts in a business environment. Prepare and interpret financial declarations 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 students can get in the ICB tests in February, May, July, September and November. Tests occur at the ICB approved evaluation 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 incredible tool to assist you study. Do not leave it to the eleventh hour or you\’ll actually be disadvantaging yourself!

 

Enter for an ICB exam

 

Classroom students will do this through their colleges.

 

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

Select your qualifications at first. Then select he subjects, exam dates and places for your examinations, and send your test entry along with the needed fee. All trainees will get an e-mail verifying their examination entries.

 

How does ICB examination work?

When you sign up to study an ICB course, you\’ll likewise need to register to be examined for it. This is so that they can figure out at the end of it whether you know and understand the course material well enough to pass. Each ICB programme is designed to have particular results. These outcomes are things that you will be able to do and understand as a result of your studies. This is the most important part of the ICB assessment policy.

 

Each outcome needs a particular amount of time for you to accomplish it. These hours are represented by credits. As defined by the South African Qualifications Authority (SAQA), and the ICB assessment policy, 1 credit equates to 10 notional hours. Notional knowing hours are thought about to be the time taken by the average trainee to achieve the defined learning outcomes.

 

What happens if I fail my ICB exam?

 

Don\’t panic if you do not pass very first time, you can get a 2nd possibility, With an ICB Re-Assesment If you are evaluated as \’not yet skilled\’ 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 completely towards your grade).

You need to complete the re-assessment within 12 months of your initial summative assessment date. We do recommend 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 proficient\’ in it, you can\’t redo it. You will need 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 specific topic.

 

How many Portfolios will I get?

 

You\’ll get one PoE per subject per exam. Each PoE is customized to that particular topic.

 

Distance learning trainees will get their Portfolios directly.

 

Exactly what must I do when I get my PoE?

 

Examine that your individual details 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 summary of studying your ICB subject!

 

Your ICB Administration Guide tells you precisely what to do throughout your ICB research studies. It talks about methods to complete your PoE, and includes great deals of types you need to finish.

 

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

 

ICB Tests and jobs

 

For each subject, the ICB sets 3 Tasks and 2 Tests that help you to evaluate your understanding throughout your studies.

 

Distance learning students 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 offered by their lecturers during their research studies.

 

Response Books

 

You\’ll also find blank answer books in your PoE for you to compose the answers to your ICB Tests and Projects in.

 

Why is my PoE so essential?

 

The ICB finding experience is unique– our scholastic group has actually created it to provide you the very best possible possibility of learning successfully and passing your topic the first time.

 

However it\’s not practically passing the test Our technique guarantees you get a deep and comprehensive understanding of your course products.

 

So you do not simply get a credentials– you gain skills that you can utilize in your task 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 sure you have really done and consisted of everything. Make a copy of our whole 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 completed composing your last exam, you should consist of the exam question and response papers 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 to find out more.

 

Missed your exam?

 

If you did not attend your exam, and did not postpone it in time, you\’ll need to begin the subject over by returning to for the exam and getting a new PoE.

 

Everything You Need To Know

 

Wondering how you ICB course will be graded? It\’s easy. 30% of your final mark originates from the activities and evaluations you undertake during your course. Your Portfolio of Evidence (PoE) is a folder provided to you at the start of the course, as soon as you have actually signed up for an assessment with the ICB. You\’ll need to put any assignments provided to you along with the tests you take in it. Your PoE is complete when your final assessment is added to it at the end of your course.

 

Your final assessment 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 actually know your things. You\’ll need to get at least 50% for this exam to pass, no matter your overall mark.

 

This doesn\’t imply that you can slack with your activities and assessments throughout your studies, as they completely prepare you for the final assessment, as well as supply evidence of the effort you have actually.

 

What happens if I need to hold off an assessment?

 

Should you need to postpone your ICB exams then you will need to inspect the Assessment Timetables to see when you need to send postponements by and pay a post ponement cost. There are cut-offs for these for each assessment cycle so make sure you request a postponement in time.

 

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

 

Outcomes

 

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

 

Distance learning students 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 in fact ended up a complete accreditation, you can apply to sign up with 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 chances:

 

Study further with the ICB

 

Accredited, reputable 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 acknowledged locally and worldwide by numerous professional bodies. ICB qualifications are modular, which means you can build on them as your studies or career progress. You can likewise qualify in another programme just 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 task website, you can search and apply for monetary and admin positions at www.icb.org.za/careers

 

Study further elsewhere with credit for your ICB qualification

The Chartered Institute of Management Accountants (CIMA) and the Association of Chartered Certified Accounting professionals (ACCA) are appreciated, international, accounting professional bodies – locateded in the UK. CIMA and ACCA grant exemptions to the qualifications the ICB provides.

 

CIMA uses training and qualifications in management accounting. ICB graduates holding the National Diploma: Financial Accounting NQF 6 credentials 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 accounting professionals, with over 110 years of experience, development and quality. ICB graduates holding the National Diploma: Financial Accounting NQF 6 certification can study even more through ACCA. You will get up to 6 exemptions to further your studies towards becoming a Chartered Certified Accounting professional with ACCA.

 

Chartered Secretaries Southern Africa uses a number of professional qualifications in this particular field of corporate governance, and grants exemptions for certain ICB subjects.

 

Professional Membership Opportunities

When you\’ve finished your studies through the ICB Business Management short courses, 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 variety of levels based upon your certification(s) and work experience. The ICBA recognises all the ICB\’s current qualifications, as well as other pertinent qualifications that are registered on the South African National Qualifications Framework. Foreign qualifications are also identified, as long as they have actually been examined by SAQA.

 

If you wish to sign up 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. Trainees who sign up with SAIT with the FET Certificate: Bookkeeping certification need to update this to the National Diploma: Technical Financial Accounting within a year of becoming a member. SAIT has a number of other membership criteria– please contact them for details.

 

 

 

 

 

What does a Business Management course involve | Business Management short courses 2017 

Last Updated : July 24 2017