Do you want to learn how to manage money and make good financial decisions? N4 Financial Management studies is a great way to start! It is perfect for anyone who wants to learn about finances and get ready for jobs in this field.
In this article, we will explain what N4 Financial Management is, what you will study, and why it is a good choice for beginners.
N4 Financial Management Basics
N4 Financial Management is the first level in a series of courses called NATED. These courses teach you how to work with money and handle finances. Let us look at what N4 is and why it is a good starting point for anyone new to financial studies.
What Is N4 In Financial Management?
N4 Financial Management is a beginner course that teaches you the basics of managing finances. It is approved by the Department of Higher Education and Training (DHET) and the Quality Council for Trades and Occupations (QCTO).
This course is great for learning important skills like basic accounting, using financial software, and communicating well in a business. You will also learn about starting your own business and managing its finances.
Is N4 Considered Beginner?
Yes, N4 is a beginner course. It is made for people who are just starting to learn about financial management. To join, you need a Matric Certificate or something similar.
If you do not have Matric, that is okay! You can take an adult Matric course to qualify. The course is taught in English, so you need to be able to read, write, and understand English well.
N4 Financial Management Subjects
In N4 Financial Management, you will study four main subjects. Each one teaches you something important about finances. Here is a list of the subjects and what you will learn in each:
| Subject | What You Will Learn |
|---|---|
| Financial Accounting N4 | Learn the basics of accounting, including how to record money transactions, use a cashbook, and match bank records. You will also learn how businesses like partnerships and companies handle their money. |
| Computerised Financial Systems N4 | Learn how to use computers to manage finances. You will work with tools like Pastel Payroll and Pastel Accounting, which are important for many jobs in finance. You will also learn how to create reports and balance accounts using these tools. |
| Entrepreneurship N4 | Find out how to start and manage your own business. You will learn how to make a business plan, use resources wisely, and manage money. Even if you do not want to start a business, this subject helps you understand how businesses work. |
| Management Communication N4 | Learn how to communicate well in a business setting. This includes writing and speaking clearly, working with others, and learning about advertising and marketing. These skills will help you make good decisions and work better in a team. |
What is the Main Subject of Financial Management?
The most important subject in N4 Financial Management is Financial Accounting N4. It teaches you the basic skills you need to understand and manage finances. This subject is the foundation for everything else you will learn in the course.
Ready to grow your knowledge? Speak with us about our courses and how they can help you thrive in finance
Now that you know what N4 Financial Management is and what you will study, let us look at the course details and how long it will take. This will help you decide if this course is right for you!
Course Details And Duration
A financial management course helps you learn how to handle money for businesses. You will gain skills in accounting, budgeting, and making good financial decisions.
In this section, you will find out how long the course takes, what you need to pass, and how it sets you up for success.
How Long Does A Financial Management Course Take?
The N4 Financial Management course takes 12 months to finish. This gives you enough time to learn the subjects. Each subject helps you build the skills needed to move on to advanced levels like N5 and N6.
If you want a quicker option, the Financial Management Short Course is only four months long. It is perfect if you want to focus on learning specific financial skills quickly.
How Much Does It Cost To Pass N4?
The cost of completing the N4 Financial Management course includes your tuition, learning materials, and exam fees. At Skills Academy, we make it affordable and offer flexible payment plans so more students can study.
To get exact details, you can ask our course experts for help. They will guide you through all the costs and options.
What Is The Minimum Score To Pass The N4?
To pass the N4 course, you need at least 50%. This includes three assignments that you can do from home and a final exam set by the Department of Higher Education and Training (DHET).
Meeting this score is important because it shows you have learned what you need. It also prepares you to succeed in the next levels of the course.
Need help with finance skills? Let us help you enroll in the course that matches your goals today.
With these details covered, let us move on to the next section. This section will explain if this course is suitable for you and what you need to get started!
Who Can Do N4 Financial Management?
Are you interested in learning how to manage money and budgets? The N4 Financial Management course might be the perfect fit for you.
In this section, we will look at what you need to join the course, who can qualify, and other options if you do not have a matric certificate.
Financial Management N4 Requirements
To do the N4 Financial Management course, you must have a matric certificate or an equivalent qualification. This is needed because the course builds on basic skills, like maths and understanding English, which are taught in school.
Who Qualifies for N4?
Anyone with a matric certificate or the equivalent can enrol in this course. It is a great choice if you enjoy working with numbers, making budgets, and helping businesses succeed.
If you want a career in finance or accounting, this course will give you the foundation you need to get started.
Can You Do N4 Without Matric?
No, you cannot enrol in N4 Financial Management without matric. But do not worry! You can still follow your dream of studying financial management. Here is how:
- Get Your Matric: Skills Academy offers adult matric courses, so you can earn your certificate and then move on to the N4 course.
- Study a Provider Course: If you do not want to complete your matric, you can enrol in a provider course. These courses do not require matric and are open to anyone who can read and write in English.
Provider courses teach you the basics of financial management and are shorter than N4 courses. They are not accredited by the Department of Higher Education, but they are still valuable and recognised by employers.
Unsure how to start your finance journey? Reach out to Skills Academy for expert advice and the best courses to fit your needs.
Can I Do Financial Management Without Accounting?
Yes, you can! You do not need any background in accounting to start N4 Financial Management. The course begins with the basics, like financial accounting and using computerised financial systems. You will learn everything you need step by step.
Let us move on to the next section, where you will find out why accreditation is important and how to start your journey in financial management.
Accreditation And How To Apply
It is important to know that the course you choose is trusted and recognised. The N4 Financial Management course is accredited and designed to help you succeed. In this section, we will talk about the course’s accreditation, assessments, and how you can apply.
Accreditation Status
The N4 Financial Management course is accredited by the Quality Council for Trades and Occupations (QCTO). This means the course follows high standards set by the Department of Higher Education and Training (DHET).
When you complete it, you will get a National Certificate that is recognised across South Africa.
Studying an accredited course shows employers that you have the right skills. It also gives you confidence knowing your hard work is backed by a trusted qualification.
Assessment
To pass the N4 Financial Management course, you need to complete three open-book assignments and one final exam. The assignments are done at home, which makes it easy to study at your own pace. The final exam is set by the DHET, so you can be sure it meets national standards.
Here Is What You Need To Know About The Exams:
- Exams are held twice a year: May/June and October/November.
- The assignments help you practice what you have learned and prepare for the final exam.
These assessments make sure you are ready for the next steps in your studies or career.
Apply Now
Applying for the N4 Financial Management course is simple. Follow these steps to get started:
| Step | What to Do |
|---|---|
| Visit Our Website | Go to our application page. Here, you can find the online registration form. |
| Contact Us | Call us at 0800 39 00 27 to speak with a friendly course expert. They can guide you through the process and answer your questions. |
| Submit Documents | Provide a copy of your matric certificate or an equivalent qualification. You can email it or upload it during the online application. |
| Choose Payment Plan | Pick a payment option that works for you. Flexible plans are available to make it easier to manage your fees. |
| Receive Confirmation | Once your application is reviewed, you will receive an email or call confirming your enrolment. |
| Get Your Study Material | Your study materials will be delivered to your door, so you can start learning right away. |
Our team is ready to help you every step of the way. Whether you have questions or need help with your application, we are here to support you.
Wondering what comes after completing N4 Financial Management? Let us look at Studying Further After N4, where we will explore how to continue your studies and grow your career.
Studying Further After N4
Finishing the N4 Financial Management course is a big step. But what can you do next? Here is what you need to know about continuing your studies.
Do Universities Accept NATED?
NATED courses are recognised in South Africa, but universities do not usually accept them for direct entry into degree programmes.
If you complete the full N4 to N6 courses and earn your National Diploma, some universities might accept you for further studies. A National Diploma shows you have strong skills and knowledge in financial management.
Can I Go to University After N4?
No, you cannot go straight to university after N4. But do not worry! You can continue with the N5 and N6 courses. Once you finish the N6 course and do 18 months of practical work, you will get a National Diploma. This diploma can help you apply for other studies or boost your career.
If you are interested in going to university, it is a good idea to talk to a course expert. They can help you plan the best path for your future.
After studying, it is time to find a job. In the next section, we will talk about the types of jobs you can get with this qualification.
Jobs In Financial Management
Are you wondering what jobs you can get with an N4 Financial Management qualification? The good news is there are many opportunities in the finance world, even at the entry-level. Here is everything you need to know about jobs and salaries in this field.
Are Financial Managers In Demand In South Africa?
Yes, financial managers are needed in South Africa. Many companies are always looking for people to help manage their money and keep their businesses running smoothly.
Jobs like financial managers, tax accountants, and treasury accountants are in high demand. This means there is always room for people with the right skills and qualifications to find work.
Take charge of your future with Skills Academy’s finance management programs. Start learning today.
What Are Jobs For Financial Management?
With an N4 in Financial Management, you can apply for a variety of jobs. Here are some roles you might consider:
- Accounts Clerk: Keep financial records up to date and handle transactions.
- Bookkeeper: Record daily financial activities and maintain business accounts.
- Financial Assistant: Help financial managers with budgets and reports.
- Credit Controller: Manage credit accounts and keep track of payments.
These jobs are great for gaining experience and learning more about the finance industry. As you continue studying and working, you can move on to higher positions.
How Much Do Financial Managers Earn?
Salaries in financial management depend on the role, your experience, and where you work. Here is a breakdown:
- Entry-Level Jobs: Start at about R37,500 per month.
- Experienced Financial Managers: Can earn up to R750,000 per month in high-level positions.
These numbers show that working in financial management can lead to a well-paying career.
Financial management is a great career choice if you enjoy working with numbers and solving problems. With an N4 qualification, you can start small and grow into bigger roles as you study further and gain experience.
Want to start your journey? Check out our Financial Management courses and take the first step toward a rewarding career today!
Frequently Asked Questions
No, N4 is not a diploma. It is the first step in the NATED programme, and you can get a diploma after completing N4, N5, N6, and 18 months of work.
No, N4 is not a bridging course. It is a qualification that helps you start learning about a specific career like financial management.
No, the N4 Financial Management course takes 12 months to finish. A shorter course might teach some basics, but it won’t count as a full N4 qualification.
No, we require a completed matric certificate to start N4. If you do not have a matric, you can take a matric course or do a provider course that does not need a matric.
NATED is great if you want both theory and work experience to earn a diploma. NCV is better for hands-on training starting at a lower level.
The lowest salary for a financial manager is about R37,500 per month, but this can depend on your experience and where you work.
