Do you want to study financial management? One of the first things you will want to know is what are the requirements for a financial management course.
Here are the basic requirements for our financial management courses:
- You need a matric certificate or an equivalent for NATED courses.
- No matric is needed for provider courses.
- You must be able to read and write in English.
Course Requirements
Studying financial management at Skills Academy is easy to get started. Whether you have a matric or not, there is a course for you. Let us look at the requirements in detail.
What Are The Requirements For A Financial Management Course In South Africa?
The requirements depend on the type of course you choose. Skills Academy offers two main options: NATED courses and provider courses.
NATED Financial Management Courses
NATED courses are perfect if you want a recognised qualification, like a diploma. Here is what you need to enrol:
- A matric certificate or an equivalent qualification.
- You must complete the levels in order: N4, N5, and then N6.
- After completing N6, you need 18 months of work experience to get your National Diploma.
Provider Financial Management Courses
If you do not have matric, you can choose our provider courses. These courses are shorter and focus on teaching you the basics of financial management. Here is what you need:
- No matric certificate is required.
- You must be able to read and write in English.
- You can pick between short courses, certificates, or comprehensive programmes.
Provider courses are a great way to start learning about finance if you do not meet the NATED requirements.
What Subjects Are Required For Financial Management In High School?
At Skills Academy, we do not require specific high school subjects for financial management courses. However, if you are still in school, some subjects can help you prepare:
- Mathematics: Maths teaches you how to work with numbers and calculate budgets. These skills are very useful in finance.
- Accounting: This subject introduces you to managing money, balancing books, and keeping financial records. It is a great way to prepare for financial management studies.
- Business Studies: Business studies show you how companies work. You will learn about management, decision-making, and how businesses succeed.
These subjects are not needed, but they will make your studies easier and help you understand the content better.
Can I Do Financial Management Without Accounting?
Yes, you can! You do not need any accounting knowledge to study financial management. Our courses start with the basics, so you will learn everything step by step. Whether you choose a NATED or provider course, we make sure you have all the information you need.
Learn easy steps to save money and run a business. Join our courses today and feel more prepared for the future!
Now that you know the requirements, you might be wondering about the courses you can take. In the next section, we will explain the different options and what each one offers.
Types Of Financial Management Courses
There are different financial management courses to match everyone’s needs. At Skills Academy, we have options for people who want to start a career in finance or learn more about managing money. Whether you have a matric certificate or not, we have a course for you.
Financial Management Courses
At Skills Academy, we offer NATED courses and provider courses. Each one is designed for different students.
NATED Financial Management Courses
NATED courses are made to help you learn the skills needed to work in finance. These courses are split into three levels: N4, N5, and N6. After you finish all three and do 18 months of work experience, you can get a National Diploma.
Here is a simple breakdown of each level and what you will learn.
N4 Financial Management
N4 is the first level of the course. It teaches you the basics of finance and how businesses handle money.
| Subject | What You Will Learn |
|---|---|
| Financial Accounting N4 | Learn how to manage cashbooks, reconcile bank accounts, and work with company finances. Study topics like partnerships. |
| Computerised Financial Systems N4 | Discover how to use finance software like Pastel Payroll and Pastel Accounting to manage money. |
| Entrepreneurship and Business Management N4 | Learn how to start a business, create a business plan, and handle day-to-day tasks. |
| Management Communication N4 | Improve communication skills for teamwork, advertising, and writing in a business environment. |
N5 Financial Management
N5 is the next level. It builds on what you learned in N4 and introduces more advanced topics.
| Subject | What You Will Learn |
|---|---|
| Financial Accounting N5 | Learn about partnerships, stock valuation, and how to create detailed financial reports. |
| Computerised Financial Systems N5 | Build on your knowledge of financial software and use it for larger and more complex tasks. |
| Entrepreneurship and Business Management N5 | Understand how to manage staff, make ethical decisions, and run operations effectively. |
| Cost and Management Accounting N5 | Discover how to control costs, calculate profits, and create budgets. |
N6 Financial Management
N6 is the final level. It prepares you for advanced jobs in finance and helps you gain skills needed in the workplace.
| Subject | What You Will Learn |
|---|---|
| Financial Accounting N6 | Learn how to prepare detailed financial statements, analyse trends, and manage large-scale finances. |
| Computerised Financial Systems N6 | Master finance tools like Pastel Accounting and use them for professional-level tasks. |
| Entrepreneurship and Business Management N6 | Focus on planning, hiring staff, and improving business operations. |
| Cost and Management Accounting N6 | Learn advanced costing techniques like contract costing and detailed profitability analysis. |
Provider Financial Management Courses
Provider courses are a great way to learn financial management, especially if you do not have a matric certificate. These courses focus on teaching practical skills that you can use in real life.
You can choose between Short Courses, Certificate Courses, and Comprehensive Courses, depending on how much you want to learn.
Here is an easy breakdown of each course and what you will study.
Short Course In Financial Management
This is a 4-month course that teaches you the basics of financial management. It is quick and perfect for beginners who want to start learning.
| Subject | What You Will Learn |
|---|---|
| Introduction to Business English | Learn how to communicate well in a business setting. You will practise writing, speaking, and reading. |
| Organisational Communication | Understand how communication helps with leadership and teamwork in a workplace. |
| Financial Management: Basic | Learn simple financial skills like working with income statements, balance sheets, and other financial documents. |
Certificate Course In Financial Management
This is an 8-month course that covers more topics and builds on the basics. It is good for students who want to understand financial management in more detail.
| Subject | What You Will Learn |
|---|---|
| Introduction to Business English | Keep improving your writing and speaking skills. You will also learn how to manage meetings and presentations. |
| Organisational Communication | Learn more about leadership and how to communicate with teams effectively. |
| Financial Management: Basic | Build on what you learned in the short course and learn more about managing budgets and financial documents. |
| Budgeting | Learn how to plan budgets and manage money for businesses. Understand how capital budgets work. |
| Risk Management | Discover how to identify and manage risks in a business to protect its finances. |
Comprehensive Course In Financial Management
This is a 12-month course that teaches both basic and advanced financial management. It is great for students who want to dive deep into finance.
| Subject | What You Will Learn |
|---|---|
| Introduction to Business English | Learn professional communication skills for writing, speaking, and giving presentations. |
| Organisational Communication | Master communication skills for leadership and teamwork in business. |
| Financial Management: Basic | Gain a full understanding of working with financial documents like income statements and balance sheets. |
| Budgeting | Dive deeper into budgeting and learn how to plan and manage money for businesses. |
| Risk Management | Understand how to assess risks and make decisions to protect a business’s finances. |
| Financial Management: Advanced | Learn advanced skills like cash management and analysing financial reports. |
| Strategic Decision-Making | Develop skills to make important decisions, evaluate their results, and plan for success with a team. |
Financial Management Short Courses
Short courses are part of our provider courses. They are great if you want to learn about financial management quickly. These courses focus on the most important topics and do not take a lot of time.
Why Choose A Short Course?
- No Exams: You only need to do assignments to pass.
- Quick and Easy: Learn the basics in a few months.
- Affordable: Short courses cost less than full qualifications.
- Great for Starters: If you are new to finance, this is a good way to begin.
Which Finance Course Is Best?
The best course depends on what you want to achieve. Here is a simple table to help you decide:
| Course Type | Who It Is Best For | Why It Is Good |
|---|---|---|
| NATED Courses | People with matric who want a diploma. | It is recognised and leads to better jobs. |
| Provider Short Courses | Beginners or people without matric. | It is quick, affordable, and teaches the basics. |
| Provider Comprehensive Courses | People who want more knowledge without a diploma. | It covers advanced topics and teaches useful skills. |
Our courses make finance easy to learn with simple steps. Join now and see how far you can go!
Choosing the right financial management course is an important step for your future. In the next section, we will show you how to enrol and do well in your studies.
Studying Financial Management In South Africa
Studying financial management is a great choice if you want to learn how to handle money and help businesses succeed. At Skills Academy, we make it easy to start, no matter your background. Whether you have matric or not, we have a course that is right for you.
Where Is The Best Place To Study Finance?
Skills Academy is one of the best places to study finance. We make learning simple and flexible while offering many benefits. Here is why you should choose us:
- Study AnywhereYou can study at home, at work, or anywhere you feel comfortable. Our distance learning allows you to study at your own pace, making it easy to fit into your life.
- Accredited CoursesOur NATED courses are accredited by the QCTO. This means your certificate or diploma will be officially recognised and valued by employers.
- Affordable Payment PlansStudying does not have to be expensive. We offer flexible payment options that allow you to pay in smaller amounts each month.
- Study Materials Delivered to YouYou do not need to search for textbooks or extra resources. We deliver all the study materials you need straight to your doorstep.
- Help When You Need ItIf you need help with your studies, our tutors and advisors are just a phone call or email away. They are there to guide you and answer any questions.
- Get Skills for the WorkplaceOur courses teach practical skills like budgeting, bookkeeping, and using finance software. These skills prepare you for the workplace and make it easier to find a job.
How Long Does It Take To Study Financial Management?
The time it takes to complete a financial management course depends on the type of course you choose. Here is how long each course takes:
| Course Type | Duration |
|---|---|
| N4 Financial Management (NATED) | 1 year |
| N5 Financial Management (NATED) | 1 year |
| N6 Financial Management (NATED) | 1 year |
| Short Course (Provider) | 4 months |
| Certificate Course (Provider) | 8 months |
| Comprehensive Course (Provider) | 12 months |
If you study NATED courses, you will also need to do 18 months of work experience after finishing N4, N5, and N6. This is needed to earn your diploma.
How Much Does It Cost To Study Financial Management In South Africa?
The cost of studying financial management depends on the course you choose. NATED courses usually cost more because they are accredited and lead to a diploma.
Provider courses are less expensive as they focus on basic skills. We also offer payment plans to make studying affordable for everyone.
Studying financial management can open many doors for your future. In the next section, Career in Financial Management, we will talk about the exciting jobs you can get after completing your course.
Career In Financial Management
Financial management is an exciting career choice with many job opportunities. If you enjoy working with numbers and helping businesses grow, this could be the perfect career for you. With the right skills and qualification, you can apply for a variety of jobs in the finance industry.
What Jobs Can A Financial Manager Get?
There are many jobs you can get with a financial management qualification. Here are some of the most popular options:
- Budget Analyst
- Financial Planner
- Financial Manager
Budget Analyst
Budget analysts help companies plan how to use their money. They review spending, suggest ways to save money, and make sure budgets are followed. This is a good job for someone who enjoys working with numbers and planning ahead.
Financial Planner
Financial planners work with people to help them manage their personal finances. They give advice on saving, investing, and planning for retirement. If you like helping others and have good communication skills, this job might be for you.
Financial Manager
Financial managers are in charge of a company’s finances. They create budgets, review financial reports, and decide on investments. This is a leadership role that requires strong decision-making skills.
How Much Do Financial Managers Earn?
The salary you earn in financial management depends on your job, experience, and where you work. Here is a list of average monthly salaries for popular financial management jobs in South Africa:
- Budget Analyst: R35,000
- Financial Planner: R40,000
- Financial Manager: R48,414
What Is The Lowest Salary For A Financial Manager?
The lowest salary for a financial manager in South Africa is about R214,000 per year, which is around R17,833 per month.
A career in financial management can lead to many exciting job opportunities. From analysing data to helping people manage their money, there is something for everyone in this field.
Our courses make it easy to learn accounting and business basics. Sign up now and start your future!
Frequently Asked Questions
If you have a Diploma in Financial Management, your salary will depend on your job and experience. A Financial Administrator earns about R15,097 per month, and a Financial Manager earns around R44,822 per month.
At Skills Academy, we do not need an APS score for our courses. To study a NATED course, you only need a matric certificate. If you do not have matric, you can enrol in our provider courses to get started.
To be a good finance manager, you need to be great with numbers, solve problems, and pay attention to details. You should also have good communication and leadership skills to guide teams and make smart financial decisions.
Subjects like Mathematics, Accounting, and Business Studies are helpful if you want to become a finance manager. These subjects teach you important skills like working with numbers and understanding how businesses work.
Yes, financial management jobs are in high demand. Companies need skilled people to manage money, plan budgets, and keep businesses running smoothly.
