ICB Learnerships

With ICB learnerships, you get the best of both formal training and practical workplace skills. Put your skills into practice and achieve your qualification.

Enjoy the opportunity to work and study with ICB learnerships. This is a great way to learn on-the-job skills that will lead to an accredited qualification. 

What Is A Learnership?

A learnership is a work-based training and learning programme. It combines both theory and practical components that will help you achieve a National Qualifications Framework (NQF) registered qualification.  

Who Qualifies For Learnerships?

South Africans who have completed school, college or studied at a training provider qualify for a learnership. You can also apply if you are studying part-time. But you must be between the ages of 16 and 35 to qualify. 

Did you know: Even unemployed South Africans can apply for a learnership? If an employer is willing to employ you, you can complete your learnership at their company. 

What Do You Need To Enter A Learnership? 

You need to sign two documents after acceptance into the learnership programme:

  1. Learnership agreement – This outlines the rights and responsibilities of the learner, employer and education provider. All three have to sign the learnership agreement
  2. Employment contract – Since you will be working for the company for the duration of your learnership, you need to sign an employment contract. 

What Do I Get After Completing A Learnership?

You will receive your NQF-registered qualification. This includes a certificate that states the qualification and the field in which you completed your learnership. You will only get your certificate if you complete your assignments and practicals successfully. 

How Long Is A Learnership?

The length of your learnership depends on the duration of your qualification. For example, our Junior Bookkeeper Course is 16 months in length. So that will be the duration of your learnership.

How Does ICB Learnership Work?

You are still required to write the ICB exams during your learnership. However, you will complete your practical while working. 

Keep in mind: You must complete an ICB Workplace Portfolio of Evidence (PoE) as part of your learnership. Your PoE will be assessed by an ICB examiner. 

Does ICB Offer Learnerships?

No, ICB does not offer learnerships. You can only complete a learnership with an employer. ICB only assess the skills and knowledge you learn through the learnerships.  

Where Should I Get An ICB Learnership?

If you work for an employer who is an ICB Workplace Training Provider, you might be able to complete a learnership with them. But there are plenty of learnerships listed online that you can apply to. 

Learnerships Offered Through The ICB

The Fasset ICB learnerships available to you include the following:

Learnership

NQF 

Duration

Junior Bookkeeper

NQF Level 3

16 months

Senior Bookkeeping

NQF Level 4

24 months

Technical Financial Accounting

NQF Level 5

28 months

Small Business Financial Management

NQF Level 4

12 months

Office Administration

NQF Level 5

24 Months

Senior Office Administration

NQF Level 5

26 Months

What Are The Advantages Of Learnerships?

There are many advantages the learner can enjoy during and after their learnership:

  • Gain relevant skills in the field you want to pursue.
  • After completion, you will achieve an accredited qualification.
  • Learners will receive a stipend.
  • You will learn practical skills.
  • Chance for improved job opportunities after completing the learnership. 

How Can You Benefit From A Learnership?

There are benefits for both employed and unemployed learners:

  • Employed – If you are employed at the company, you stand the chance to further your skills and boost your career. After your learnership, you might even qualify for a promotion. 
  • Unemployed – This is a great opportunity for unemployed learners to earn an income and experience. If a position is open, the employer could offer you a permanent job. 

How Do Learnerships Benefit Employers?

The employer can also enjoy skills development and financial benefits through offering learnerships:

  • Increased productivity in the workplace
  • Developing the skills of their employees
  • Tax incentives
  • SETA benefits
  • Learners’ salaries are excluded from the SDL calculation

Can I Study Further After Completing A Learnership?

Yes, you can. You might even qualify for recognition of prior learning (RPL). This means that you can use your relevant work experience to pursue further studies in finance. 

Do You Get Paid For A Learnership?

Yes, all learners will get receive a stipend during the programme. This is a minimum wage you can use for travelling and meals. The amount you will receive depends on the qualification and SETA

Learnership Rules And Regulations

You can find all the rules and regulations in the ICB learnership policy and procedures. Some of the information detailed in the policy include:

Characteristics Of Learnerships

This will give you a better understanding of what a learnership is. This includes the contracts you need to sign and the requirements of the education provider and employer.

Benefits Of Learnerships

This section details the benefits of ICB learnerships for both the employer and employee. It highlights both the social and workplace benefits for the learner and the financial benefits for the employer. 

How To Register For An ICB Learnership

Your learnership is made up of a theory and practical component. To move on to the practical component, you need to have or study towards an ICB qualification or be granted an ICB exemption.  

Workplace Training Provider

All employers who offer ICB learnerships must be accredited ICB workplace training providers. This ensures that you learn quality skills that will help you towards your accredited qualification.

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Frequently Asked Questions

Yes, all ICB courses are accredited. We offer three accredited ICB programmes you can study from home:

All ICB qualifications are recognised. The qualification you achieve is NQF-registered. You will stand a better chance of getting a job that will kick-start your career.

Yes, the ICB is recognised in South Africa and internationally. You will be able to find a job in South Africa and in countries around the world.

Unisa offers further study opportunities through recognition of prior learning (RPL). So you might be able to use your qualification or work experience as credits to study further. But your qualification has to be relevant to the course you want to study.

Yes, your ICB qualification is issued by Finance and Accounting Services Sector Education and Training Authority (Fasset). This proves you have gained the formal skills and knowledge to pursue a career in finance and accounting.

To pass your ICB course, you need to get at least:

  • 60% in your course
  • 50% in your final exam
  • There are no minimum requirements for your PoE

Your ICB results are a combination of your PoE and finals.

  • Your portfolio of evidence (PoE) makes up 30% of your final marks. 
  • The final exam counts 70% towards your results.

We provide a wide range of benefits that will help you pass your ICB courses:

  • Get all your learning material delivered to you.
  • Help from our student support team and skilled tutors.
  • Support from online study groups.
Last Updated: 9 February 2023

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