The Financial Management: NATED N6 National Certificate is the last course in the NATED Financial Management programme. It teaches advanced skills that prepare students for finance jobs, helping them understand complex financial tasks needed in the workplace.
Financial Management NATED N6 National Certificate Online
If you need a flexible way to study, the Financial Management: NATED N6 National Certificate is available online. Studying online allows you to work at your own pace, making it easier to balance with your job, family, or other responsibilities.
Course Information
The table below gives key details about the Financial Management: NATED N6 National Certificate course.
| Feature | Description |
|---|---|
| Course Name | Financial Management: NATED N6 National Certificate |
| Accreditation | Quality Council of Trades and Occupations (QCTO) |
| Examinations | Includes internal and external exams for Financial Accounting, Computerised Financial Systems, Entrepreneurship and Business Management, and Cost and Management Accounting |
| Award Type | National Certificate: N6 Financial Management |
| Award Issued By | Department of Higher Education and Training (DHET) and the QCTO |
| SAQA ID | 66998 |
| NQF Level | 5 |
| Course Duration | 6 to 12 months |
| Entry Requirement | Completion of N5 Financial Management National Certificate |
Financial Management: NATED N6 National Certificate Curriculum
The Financial Management: NATED N6 National Certificate curriculum is designed to provide strong skills in finance. It covers advanced topics that build on what students learned in N4 and N5. This course prepares students to handle real-world financial tasks and responsibilities.
Course Location
This course can be taken online, allowing students to study from home or any location that suits them.
Entry Requirements
To start this course, students must have completed the Financial Management: NATED N5 National Certificate.
What Will I Learn?
In this course, you will learn important skills to help you in a finance career. Here’s what you’ll gain:
- Understanding of advanced financial and accounting methods.
- Skills in preparing budgets and managing expenses.
- Ability to analyse financial data and make informed financial decisions.
- Knowledge to help businesses improve their financial practices.
These skills will help you succeed in many different finance roles.
Financial Management NATED N6 National Certificate Modules
The N6 Financial Management course includes several key subjects. Each subject gives you skills that are useful in finance, accounting, and business management roles.
Each of the following subjects provides specific knowledge needed for finance jobs.
| Subject | Description |
|---|---|
| Financial Accounting N6 | Covers advanced accounting topics, including creating financial reports and data analysis. |
| Cost and Management Accounting N6 | Teaches budgeting and cost control within a business environment. |
| Entrepreneurship & Business Management N6 | Focuses on business planning and management, covering decision-making and resource management. |
| Computer Practice N6 | Provides essential computer skills for finance, such as using spreadsheets and databases to manage information. |
| Financial Accounting N5 | Explores financial accounting in more depth, introducing partnerships, stock valuation, and financial record analysis. |
| Computerised Financial Systems N5 | Continues from Computerised Financial Systems N4, deepening understanding of computerized financial tools. |
| Entrepreneurship N5 | Covers staffing, operations management, ethics, social responsibility, and labor relations. |
| Cost and Management Accounting N5 | Introduces cost concepts, contract costing, standard costing, and cost control methods. |
| Financial Accounting N4 | An introduction to finance, covering time value of money, interest, and annuities. |
| Computerised Financial Systems N4 | Focuses on using computer-based systems in financial management to keep accurate records and manage accounts effectively. |
| Entrepreneurship N4 | Provides foundational tools for managing both finances and business, with an early introduction to entrepreneurship. |
| Management Communication N4 | Develops communication and managerial decision-making skills to support company improvement. |
Assessments to Be Completed in Financial Management: NATED N6 National Certificate
To pass this course, you need to complete different assessments. For each subject, there are three open-book assignments that you can complete from home.
These assignments test your knowledge and allow you to use your notes to complete them. Open-book assessments help you understand and apply the material in a practical way.
Financial Management: NATED N6 National Certificate Exams
In addition to assignments, you will take a final exam for each subject. These exams are set by the Department of Higher Education and Training (DHET) and must be taken at an approved testing venue. Passing these exams is required to earn the N6 certificate.
What Are My Options After Receiving a Financial Management: NATED N6 National Certificate?
After completing your Financial Management: NATED N6 National Certificate, you have a few options:
- Gain Work Experience: You can complete 18 months of relevant work experience to get a National Diploma in Financial Management.
- Find an Entry-Level Job: Use your N6 certificate to apply for finance roles, like Financial Administrator, Bookkeeper, or Assistant Accountant.
- Continue Your Studies: Some institutions may allow you to use your N6 as a stepping stone towards further qualifications in finance or business.
With your N6 qualification, you’ll be well-prepared to start or advance in your career in finance.
Career Opportunities In Financial Management
With a Financial Management: NATED N6 National Certificate, you can apply for many finance jobs. This qualification gives you important skills in managing finances, preparing budgets, and understanding financial records.
These skills can lead to jobs in different areas of finance, from entry-level to more advanced roles as you gain experience.
Can You Get A Job With An N6 Certificate?
Yes, an N6 Financial Management certificate can help you get a job in finance. This qualification is recognised in South Africa and shows that you have learned key skills in financial management.
What To Do After Completing N6 Financial Management
With an N6 certificate, you may qualify for various high-paying roles in finance. Soon we will give you a detailed breakdown of the different roles you can pursue. Here are a few of the roles you can pursue:
- Financial Administrator
- Bookkeeper
- Auditor
- Accountant
- Financial Manager
Financial Administrator
A Financial Administrator helps keep a company’s financial records organised and tracks its spending. They make sure that all financial information is correct and up to date.
Duties of a Financial Administrator:
- Record Transactions: Keeps track of all money coming in and going out.
- Help with Budgets: Assists in creating and sticking to a budget to manage company spending.
- Prepare Reports: Puts together reports showing the company’s financial situation.
- Monitor Expenses: Checks daily spending to make sure it matches the budget.
- Organise Records: Keeps financial documents organised and easy to find.
Bookkeeper
A Bookkeeper records all financial transactions, like income and expenses. They ensure that the financial data is accurate and ready for reporting.
Duties of a Bookkeeper:
- Record Income and Expenses: Tracks every transaction, including money coming in and going out.
- Create Financial Statements: Prepares simple reports to show cash flow and income.
- Reconcile Accounts: Makes sure records match bank statements and corrects any mistakes.
- Manage Invoices and Payments: Keeps track of bills that need to be paid and money coming in from customers.
- Organise Financial Data: Keeps financial records in order and ready for reports.
Auditor
An Auditor checks financial records to make sure they are correct and follow financial rules. They help find any errors or issues in a company’s finances.
Duties of an Auditor:
- Review Financial Statements: Examines financial records for accuracy.
- Ensure Compliance: Checks that financial practices follow laws and rules.
- Spot Errors and Risks: Looks for mistakes or problems that could cause financial trouble.
- Write Audit Reports: Prepares reports on what they find, including ways to improve.
- Suggest Improvements: Advises on better financial practices to avoid future mistakes.
Accountant
An Accountant prepares financial reports, helps with budgeting, and provides advice on finances. They make sure financial records are accurate and help with important financial decisions.
Duties of an Accountant:
- Prepare Financial Reports: Creates reports that show the company’s financial health.
- Manage Budgets: Helps set and stick to budgets to control spending.
- Prepare Taxes: Completes tax forms and makes sure the company follows tax laws.
- Analyse Financial Data: Studies financial data to see how the company is performing.
- Assist with Audits: Works with auditors by providing records and answering questions.
Financial Manager
A Financial Manager plans and oversees a company’s finances, helping it reach its financial goals. They manage budgets, make long-term financial plans, and ensure the company stays financially healthy.
Duties of a Financial Manager:
- Plan Finances: Creates financial plans to guide spending and future growth.
- Manage Budgets: Tracks and controls budgets to meet financial goals.
- Oversee Reports: Makes sure financial reports are accurate and useful for decision-making.
- Analyse Data: Looks for patterns and risks in data to improve finances.
- Advise Management: Provides advice on financial decisions and spending plans.
Are Financial Managers In Demand In South Africa?
Yes, financial managers are in demand in South Africa. Many companies need skilled financial managers to help them handle budgets, control expenses, and make smart financial decisions. With the right skills and experience, financial managers can find many job opportunities in South Africa.
What Does A Financial Manager Do?
A Financial Manager is responsible for overseeing a company’s finances. They create budgets, manage expenses, and help the business reach its financial goals. They work with other departments to plan and make sure the company is financially stable.
How Much Does Financial Management Earn?
In South Africa, salaries in financial management depend on experience and the specific role. Here’s a summary of average monthly earnings for finance roles:
- Financial Administrator: R15,000 – R30,000
- Bookkeeper: R10,000 – R25,000
- Auditor: R20,000 – R45,000
- Accountant: R20,000 – R50,000
- Financial Manager: R30,000 – R70,000
These are approximate ranges and may vary depending on company size, location, and experience level.
What Is The National N6 Certificate?
The National N6 Certificate is a recognised qualification in South Africa. It shows that you have completed the N6 level in a specific field, like Financial Management: NATED N6 National Certificate. This certificate allows you to work in entry-level finance roles, and with work experience, you can start securing high-paying jobs.
What Is Financial Management N6 Equivalent To?
The Financial Management N6 qualification is equivalent to a higher certificate. While it is not the same as a degree, it is a valuable qualification for entry-level finance jobs and can help you work toward a National Diploma if you gain work experience.
What Can I Do With Financial Management N6?
With an N6 Financial Management qualification, you can apply for jobs like Financial Administrator, Bookkeeper, Auditor, and Assistant Accountant. These roles are good entry points into finance and can lead to more advanced roles as you gain experience and additional qualifications.
How Do I Study For Financial Management: Nated N6 National Certificate?
Studying for the Financial Management: NATED N6 National Certificate can be done through online or distance learning. You can study at your own pace, which makes it easier to balance with work or family responsibilities. Skills Academy offers this course with all the study materials and support you need to succeed.
When Can I Start Studying Financial Management: NATED N6 National Certificate?
You can start studying for the Financial Management: NATED N6 National Certificate whenever you’re ready. Most institutions, like Skills Academy, allow students to enrol throughout the year, so you don’t need to wait for a new semester to begin. Once you enrol, you’ll receive your study materials and can start learning right away.
Financial Management: NATED N6 National Certificate Requirements
The Financial Management: NATED N6 National Certificate course has specific requirements for students who want to enrol. These requirements make sure students have the background needed to do well in the course, which covers advanced topics in finance.
Financial Management: NATED N6 National Certificate Admission Requirements
To apply for the Financial Management: NATED N6 National Certificate, you need:
- N5 Financial Management Certificate: Completing N5 Financial Management is required before moving to N6, as each level builds on the last.
- Basic English and Maths Skills: You’ll need to understand English and basic maths to work through the financial calculations and read financial documents.
- Computer Skills: Knowing how to use a computer will help you with assignments, online resources, and understanding finance software basics.
If you meet these requirements, you’re ready to apply and start your N6 studies in Financial Management!
Can I Do Financial Management Without Accounting?
Yes, you can study Financial Management without previous accounting experience. While accounting is part of the course, it starts with basics to teach you the skills you need. This course is designed to give you a good understanding of accounting, budgeting, and financial planning, even if you’re new to finance.
Can I Do N6 Without Matric?
No, you need to have matric or an equivalent qualification to study at the N6 level. Matric gives you the foundational skills you need to succeed in N6 Financial Management. If you don’t have matric, you can complete a matric course before starting N6. Click here to learn more about our matric courses.
Can I Do N6 After Matric?
Yes! Once you get your matric, you’re eligible to enrol in the N6 Financial Management course. Many students go from matric to the NATED levels, beginning with N4, then progressing to N5, and finally completing N6. These courses provide career-ready skills in finance that are valuable for many jobs.
Why Choose To Study With Skills Academy?
Studying with Skills Academy offers many benefits, especially for students who need flexibility, support, and a way to balance studies with other responsibilities. Here are some reasons why Skills Academy may be the right choice for you:
- Study from Anywhere
- Flexible Schedule
- Supportive Tutors
- Study Materials Delivered to Your Door
- Affordable Payment Plans
1. Study from Anywhere
Skills Academy lets you study from anywhere, so there’s no need to travel to a campus. Whether you’re studying from home, work, or another place, you can complete your coursework where it’s most comfortable for you.
2. Flexible Schedule
With Skills Academy, you can study at your own pace. There are no strict deadlines or set class times, so you can plan your studies around your life. This flexibility helps you complete your course without feeling rushed or stressed.
3. Supportive Tutors
Skills Academy provides access to friendly, knowledgeable tutors who are available to help you when you need it. If you’re stuck on a topic or need extra guidance, you can reach out to a tutor for one-on-one support. They’re there to help you understand the material and succeed.
4. Study Materials Delivered to Your Door
All your study materials are delivered directly to your home. You won’t need to spend extra time searching for resources or buying additional textbooks. With all the materials provided, you can start learning as soon as you’re ready.
5. Affordable Payment Plans
Skills Academy offers flexible payment plans to make studying more affordable. You can choose a payment option that works for your budget, so you don’t have to pay all at once. This makes it easier for more students to afford the education they want.
Skills Academy Application Process
The application process at Skills Academy is straightforward and easy to follow. Here’s how you can get started:
- Visit Our Website: Go to our website to explore your course options and read more about each course.
- Speak to a Course Expert: Call or chat with one of our course experts, who can answer questions and guide you through the process.
- Select a Payment Plan: Choose a payment plan that fits your budget. This way, you can manage your payments in a way that works for you.
- Register for the Course: Complete the registration form, either online or with help from a course expert.
- Receive Your Study Materials: Once you’re registered, Skills Academy will send all the study materials you need to start your course.
Studying with Skills Academy gives you flexibility, support, and access to quality resources. Register now to start your journey in Financial Management!.
Frequently Asked Questions
The full N4 to N6 Financial Management programme usually takes around 36 months (3 years) to complete, with each level (N4, N5, and N6) taking about 12 months. After finishing N6, you will also need 18 months of work experience to earn a National Diploma in Financial Management.
No, an N6 certificate alone does not meet the entry requirements for most university degrees. However, it’s recognised by many other colleges and institutions, and some universities may consider it along with additional qualifications or relevant work experience.
No, the N6 Financial Management qualification is actually a step above matric. It’s equivalent to a higher certificate, while matric is a high school qualification. This means it is considered a post-secondary education level.
To pass the N6 Financial Management exams, you need to score at least 50% in each subject. This shows you have a good understanding of the course material.
A job in financial management involves helping a business manage its money. Financial managers create budgets, track spending, and make financial decisions that help the company stay on track financially. Financial management jobs are important for keeping a business stable and profitable.
Yes, financial management includes some accounting. You’ll learn basic accounting skills to help with tasks like preparing financial reports, balancing budgets, and keeping track of income and expenses.
Yes, financial management involves basic maths skills. You’ll need to know addition, subtraction, percentages, and other simple calculations to manage budgets and keep track of money
Yes, an N6 Financial Management qualification can help you start a career as an accountant. However, many accountants continue their studies and get additional qualifications to reach higher positions in accounting.
An accountant mainly records and prepares financial information, such as keeping financial records and creating reports. A finance manager uses this information to plan budgets and make financial decisions for the company. Accountants focus on tracking finances, while finance managers focus on using this information to make business decisions.
Yes, some universities or higher education institutions may allow you to continue studying after completing your N6 Diploma. You may need to meet additional requirements, but some courses and programmes accept an N6 as part of the entry requirements.
The main subject in financial management is learning to manage money for a business. This includes creating budgets, tracking expenses, preparing financial reports, and helping the company make smart financial choices.
