The Financial Management N5 course is part of the NATED programme and builds on what you learned in N4. This course teaches important finance skills, like budgeting, accounting, and managing money for a business.
If you want to work in finance, N5 Financial Management is a big step towards your goal.
What Is Financial Management N5?
This Financial Management course takes you further in finance studies. It builds on the basics from N4 and gets you ready for the next level, N6. The N5 course covers more advanced topics to help you develop the skills needed to work with business finances.
What Does N5 Mean?
N5 is a level in the NATED programme that comes after N4. The NATED programme helps you learn job-ready skills for a specific career, like finance. Completing N5 means you have learned intermediate finance skills and are ready for N6 or an entry-level finance job.
What Is An N5 Qualification?
An N5 qualification means you have completed the second level in a three-part series in Financial Management. This certificate shows employers you know key finance skills, like managing accounts and budgets.
With an N5 qualification, you can apply for entry-level finance jobs or continue to N6 to complete your diploma.
Where Can I Study Financial Management: NATED N5 National Certificate
You can study the NATED N5 Financial Management course with Skills Academy. We will support you through your studies, so you don’t feel alone.
At Skills Academy, you can study the N4, N5, and N6 levels in Financial Management. You can study these courses from home, and they are affordable.
Why Choose Skills Academy?
- Learn in Your Own Time– You can study from home whenever it suits you.
- Help from Tutors– Our tutors are here to help answer questions and guide you through the course.
- Easy Payment Options– We offer payment plans that make it easier to pay for your studies.
- No Need to Travel– Since you study from home, there’s no need to travel to a campus. This saves time and money.
With a better understanding of the N5 Financial Management course, let us move on to the Requirements, Cost and Duration for Financial Management N5 to see what you need to enrol, how much it costs, and how long the course takes.
Requirements, Cost And Duration For Financial Management N5
Before starting the N5 Financial Management course, it is helpful to know who qualifies, the entry requirements, and how long it will take. This section explains everything you need to know to start your N5 studies.
Who Qualifies for NQF Level 5?
The NQF Level 5 in Financial Management is great if you have finished N4 and want to keep learning about finance.
This course is perfect for anyone interested in accounting, managing money, or working in finance. It helps build on what you learned in N4 and prepares you for advanced studies.
Entry Requirements
To enrol in the N5 Financial Management course, you must have completed the N4 Financial Management level. N5 builds on the skills from N4, so having this qualification is important. If you have completed N4 and want to learn more about finance, you are ready to join N5.
How Many Years Is N5?
The N5 Financial Management course takes about one year to finish. During this time, you will cover all the subjects, complete assignments, and get ready for exams. With dedication, you can complete N5 in 12 months and be ready to move on to N6.
How Much Does N5 Cost?
The cost of the N5 course can vary depending on the school and payment plan. Skills Academy offers flexible payment options to make it easier for you to afford your studies. For the latest cost details and to find a payment plan that works for you, contact Skills Academy directly.
Ready to take your next step in finance? Contact Skills Academy today to enrol and start building your career!
Now that you know the requirements, cost, and duration of N5, let us explore the Structure and Assessment in Financial Management N5 to learn more about the subjects and how the course is assessed.
Structure And Assessment In Financial Management N5
The N5 Financial Management course is built to teach you the skills you need for a career in finance. Here, you will find details about the subjects you will learn, the assignments and exams, and how the course is recognised.
N5 Financial Management Subjects
In the N5 Financial Management course, you will study different subjects that will help you learn important finance skills. Here is a summary of each subject and what you will learn:
| Subject | What You Will Learn |
|---|---|
| Financial Accounting N5 | You will learn more about managing accounts, tracking income and expenses, and preparing financial statements. These skills are important for understanding how a business’s finances work. |
| Cost and Management Accounting N5 | This subject teaches you about costs, budgeting, and managing expenses. You will learn to calculate costs and plan budgets, which helps a business save money and make smart decisions. |
| Computerised Financial Systems N5 | Here, you will learn to use computer programs for finance tasks. You will practise using software to manage accounts and budgets, making finance work easier and more accurate. |
| Management Communication N5 | In this subject, you improve your communication skills, learning how to write clear reports and share information with others. Good communication helps when explaining financial information. |
Assignments
During the N5 course, you will complete assignments for each subject. These assignments give you a chance to practise what you learn and use it in real situations. Doing assignments also helps you get ready for exams by giving you hands-on experience with the subjects.
Exams
At the end of the course, you will take exams for each subject. These exams check your understanding of the topics and your ability to use what you have learned.
Passing these exams is important if you want to move on to the next level, N6, and show employers that you know the skills covered in N5.
Accreditation
The N5 Financial Management course is part of the NATED programme and is accredited by the Department of Higher Education and Training (DHET).
This means the course meets official standards and is recognised throughout South Africa. Having an accredited certificate makes your qualification respected by employers.
With a good idea of how the N5 Financial Management course is set up, let us look at the Career Paths with Financial Management N5 to see the types of jobs and opportunities you can explore with this qualification.
Career Paths With Financial Management N5
Completing the N5 Financial Management course opens up many options. With the skills you gain, you can choose to keep studying or start working in finance.
Here, we will look at whether financial management is in demand, what you can do with your N5 certificate, the job options, and what you can expect to earn.
Is Financial Management In Demand?
Yes, financial management is in demand in South Africa. Many companies need skilled people to manage money, track costs, and make good financial choices. Finance is important for every business, making it a strong career path with plenty of job options.
What Can You Do With An N5 Certificate?
With an N5 Financial Management certificate, you can continue to N6, the next level in the NATED programme. Once you complete N6 and get 18 months of work experience, you will earn a diploma. If you are ready to work, your N5 qualification also qualifies you for entry-level finance jobs.
Career Opportunities
An N5 certificate in Financial Management opens the door to several finance jobs. Here are five entry-level jobs you can apply for with an N5 qualification:
- Accounts Clerk: As an Accounts Clerk, you help manage daily financial records by handling invoices, tracking costs, and making sure payments are made on time.
- Payroll Assistant: Payroll Assistants help make sure employees are paid correctly. This includes checking hours worked and processing pay—attention to detail is very important in this role.
- Financial Administrator: Financial Administrators manage payments, keep track of budgets, and create financial reports. This job is key to keeping the company’s finances in order.
- Bookkeeper: Bookkeepers handle financial transactions, balance accounts, and manage invoices. This role is important for keeping accurate financial records and is perfect if you like working with numbers.
- Administrative Assistant: In this job, you help with office tasks, organise files, and support the finance team with daily tasks. It is a good way to start learning about finance work.
How Much Does Financial Management Earn?
In South Africa, someone working in financial management with an N5 qualification can earn around R10,000 to R15,000 per month in entry-level positions. As you gain experience, you can earn more and move into higher-paying finance roles.
An N5 Financial Management certificate gives you a great start in the finance field. Whether you decide to keep studying or begin working, you are on a path with many opportunities for growth.
Unlock career opportunities in finance with an N5 certificate—learn more today.
Frequently Asked Questions
It usually takes about three years to finish N4, N5, and N6 in financial management. Each level takes around 12 months to complete, and after N6, you need 18 months of work experience to earn a full diploma.
No, you need to complete N5 before starting N6 since each level builds on the last one. But Skills Academy lets you enrol in N4, N5, and N6 all at once, as long as you complete them in the right order.
No, an N5 qualification alone does not give you a diploma. To earn a diploma in financial management, you must complete N4, N5, and N6, plus 18 months of work experience.
After N6 and the required work experience, you will earn a National Diploma. Some universities may accept this for further studies, but it depends on the university’s entry requirements.
To pass N5, you need at least 50% in each subject. This includes scoring at least 50% on your assignments and exams.
