Financial Management N6

In this article, you will about the N6 subjects covered in our course, the requirements you need to meet and more.

The Financial Management N6 course is the last level in a group of finance courses called the “NATED” programme. This course teaches skills to work in the finance field, like planning a business’s money. 

Let’s see what this course covers and how it can help you start a finance career.

Financial Management N6 Basics

The N6 course builds on what you learned in the N4 and N5 levels. It covers more advanced finance topics to prepare you for work or a diploma in financial management.

What Is The Financial Management Course About?

The Financial Management course is designed to teach you how to manage a business’s money. You will learn skills like budgeting, accounting, and planning. This course helps you understand how to use finance skills to help a business grow and reach its money goals. You’ll be ready for many jobs in finance, or you can keep studying to earn a diploma.

What Is N6 In Financial Management?

N6 in Financial Management is the last level in a series of finance courses. It teaches advanced finance topics, preparing you for important finance jobs. After finishing the N6 level and doing 18 months of work, you can get a National Diploma in Financial Management.

Is N6 A Good Qualification?

Yes, N6 is a strong qualification for finance. It shows that you have learned a lot about managing money, and this can help you get good jobs in finance.

Accreditation Status

The N6 Financial Management course is part of an accredited programme. This means it’s officially recognised by the Department of Higher Education and Training (DHET) in South Africa. Having an accredited qualification makes it valuable and respected by employers.

Now that you know what the N6 Financial Management course includes, let us explore the Financial Management N6 Curriculum and Course Structure to see the subjects you will study and how the course is organised.

Financial Management N6 Curriculum And Course Structure

The N6 Financial Management course includes subjects that teach you advanced skills for a finance career. In this section, we will look at the subjects you will study, the assessments you will complete, and what it takes to pass.

Financial Management N6 Subjects

The N6 Financial Management course has several key subjects. Here is a table showing each subject and what you will learn:

SubjectWhat You Will Learn
Financial Accounting N6You will learn advanced accounting skills, like preparing complex financial statements and analysing a company’s finances. This helps you understand a business’s financial health and make good money decisions.
Cost and Management Accounting N6This subject teaches you to manage costs and create budgets. You will learn ways to lower expenses, plan resources, and help a business save money and earn more.
Computerised Financial Systems N6You will learn to use advanced finance software that helps track and organise financial data. Using these tools makes finance work faster, easier, and more accurate.
Entrepreneurship and Business Management N6This subject teaches you the necessary theoretical skills needed in financial management. You will focus on operations management, controlling the business, staffing, and much more.

Assessment And Award

In the N6 course, you will complete assignments and exams for each subject.

  • Assignments: You will have assignments for each subject. These assignments let you practise what you have learned and apply it to real-life situations.
  • Exams: At the end of each subject, you will take an exam. The exams test your knowledge of the topics you have studied. Passing these exams is important to complete the course successfully.

After passing all your assignments and exams, you will earn an N6 certificate in Financial Management. 

This certificate shows that you have completed the final level in the NATED programme and are ready to work in finance or continue to earn a diploma with work experience.

What Is The Pass Mark For N6?

To pass the N6 course, you need to get at least 50% in each subject. This includes scoring 50% or higher in both your assignments and exams. Reaching this pass mark shows that you understand the material and are ready to move forward.

Now that you know about the subjects and assessments in the N6 Financial Management course, let us explore the Admission Requirements and Eligibility to see what you need to join this course.

Admission Requirements And Eligibility

Before joining the N6 Financial Management course, it is important to know if you meet the requirements. This section will help you understand what you need to qualify and how to apply.

Admission Requirements

To start the N6 Financial Management course, you must have completed both the N4 and N5 Financial Management levels. These earlier levels give you the skills you need to handle the advanced topics in N6. 

Once you have N4 and N5, you are ready for the final step in the NATED Financial Management programme.

Can I Do N6 With Matric?

No, you cannot go straight to N6 with only a matric certificate. You need to complete N4 and N5 first. But do not worry—Skills Academy has options for you!

  • Provider Financial Management Courses: If you do not meet the N6 requirements, you can join our provider financial management courses. These courses do not need N4 or N5 and are great for learning practical finance skills.Benefits of Provider Courses:
    • No N4 or N5 required.
    • Flexible and study-from-home options.
    • Teaches practical skills for entry-level finance jobs.
  • NATED Courses: If you want to go the NATED route, you can first get your N4 certificate with our NATED N4 Financial Management Course. Once you have N4, you can start N5 and work up to N6. 
  • We also offer you the option to take all of these courses at once. But, it must still be done in the right order, which is N4, N5, and then N6. 

Apply Now

Here is a simple guide to apply for the N6 Financial Management course at Skills Academy:

  1. Go to the Skills Academy Website: Visit our website to explore all the courses we offer.
  2. Select the N6 Financial Management Course: Click on the course to get more details and learn about what it covers.
  3. Speak to a Course Advisor: Our friendly course advisors are here to help. They can answer any questions you have and guide you through the application.
  4. Complete the Application Form: Fill in the form with your personal information and course choice.
  5. Upload Your Documents: Submit any necessary documents, like your ID and proof that you completed N4 and N5.
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6. Pick Your Payment Option: Choose a payment plan that best fits your budget.

7. Begin Your Studies: Once you complete the steps, you are all set to start your course!

With the application process and requirements clear, let us now look at the Duration and Completion Timeline to understand how long the N6 Financial Management course will take.

Duration And Completion Timeline

The N6 Financial Management course has a set timeline to keep you on track as you build your finance skills. Here is how long it takes to complete the N6 course and the entire NATED programme.

How Long Is The N6 Qualification?

The N6 Financial Management course usually takes one year. During this time, you will study each subject, do assignments, and prepare for exams. By working hard, you can complete the N6 level in one year and earn an N6 certificate.

How Long Does It Take To Complete N4 To N6 In Financial Management?

The full NATED Financial Management programme (from N4 to N6) usually takes about three years. Each level—N4, N5, and N6—takes around 12 months. After you finish N6, you will also need 18 months of work experience to earn your National Diploma in Financial Management.

Now that you know the time needed to complete the course, next up are the exciting career options and potential earnings with an N6 qualification in Financial Management!

Career Opportunities And Salary Potential

Completing N6 in Financial Management gives you many options for a career in finance. In this section, you will find out what you can do after N6, the types of jobs available, and the salary you can expect.

What Should I Do After Completing N6 Financial Management?

After finishing N6, you have two main paths:

  1. Get Your Diploma: Once you complete 18 months of work experience, you can apply for your National Diploma in Financial Management. This diploma makes your qualification even stronger and can help you move into higher finance positions.
  2. Start Working: If you are ready, you can start looking for jobs with your N6 qualification. Many entry-level finance jobs are available for those with an N6 certificate, giving you a chance to build your career.

Do Universities Accept N6?

Some universities may accept an N6 qualification if you want to study further. Having your N6 plus the required work experience gives you a strong application. However, acceptance depends on each university, so it is best to check with the school you want to attend.

Financial Management N6 Jobs

With an N6 in Financial Management, you can qualify for several entry-level jobs in finance. Here are five job options and what each one involves:

  • Accounts Clerk: Helps manage daily financial records, handles invoices, tracks expenses, and ensures payments are made on time. (Source: Indeed South Africa)
  • Payroll Administrator: Manages employee pay by tracking hours, processing payroll, and ensuring accurate payments. This job requires good attention to detail.
  • Financial Officer: Prepares budgets, manages expenses, and tracks income for a business. This role helps keep a company’s finances in order.
  • Bookkeeper: Records all financial transactions, balances accounts, and manages invoices. Bookkeeping is essential for keeping accurate financial records.
Finance
  • Junior Financial Analyst: Assists in analysing financial data, preparing reports, and making recommendations to improve finances. This role is perfect for learning about analysing a company’s finances.

Financial Management N6 Salary

In South Africa, someone with an N6 qualification in financial management can earn around R10,000 to R18,000 per month in entry-level jobs. With experience, you can move into higher-paying roles in finance.

Completing N6 in Financial Management gives you skills and opens up many career paths in finance. Whether you want to study for your diploma or start working, this qualification puts you on the right track. 

Take the first big step toward a career in finance with Skills Academy’s N6 program and start building valuable knowledge.

Frequently Asked Questions

A financial manager looks after a company’s money. They make budgets, track spending, and plan for the future to make sure the business uses its money wisely.

Yes, financial management is in demand in South Africa. Many companies need people with finance skills to help manage money and make good financial choices.

To get a diploma after N6, you need to do 18 months of work in a finance job. Once you complete this work experience, you can apply for a National Diploma in Financial Management.

No, finishing N6 does not mean you graduate with a diploma. You still need 18 months of work experience after N6 to earn your diploma.

Yes, you can study Financial Management without knowing accounting. The course will teach you the basic accounting skills you need.

No, N6 is not an NCV (National Certificate Vocational). N6 is part of the NATED programme, which focuses on practical job skills for specific careers.

Last Updated: 22 November 2024

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