Programme Overview

The National Certificate (Finance, Economics and Accounting) is a programme at each of Levels 2, 3 and 4 of the NQF. This programme is designed to provide both the theory and practice of Finance, Economics and Accounting. The practical component of study may be offered in a real workplace or in a simulated workplace environment. It will provide students with an opportunity to experience workplace situations during the period of study.

Minimum Entry Requirements

For entry into the National Certificate (Finance, Economics and Accounting) at NQF Level 2, you require:

• A year end school report for grade 9, 10, 11 or 12 certificate; or
• An NQF Level 1 qualification; or
• An approved bridging programme designed for the specific purpose to access NQF Level 2; or
• A Recognition of Prior Learning (RPL) assessment to meet the basic requirements for access to NQF Level 2.

Duration

It is a full year programme at each of the NQF levels of study. A student is issued with a certificate on the successful completion of study, which is Level 2, Level 3 and Level 4.

Subjects

In order to obtain a National Certificate (Finance, Economics and Accounting), a student is required to take a total of 7 subjects. These include 3 fundamental subjects and 4 vocational subjects.

Fundamental Subjects

• First additional language - which must be the language of teaching and learning (i.e. English)
• Mathematics or Mathematical Literacy
• Life Skills and Computer Literacy

Vocational Subjects

• Applied Accounting
• Economic Environment
• Financial Management
• New Venture Creation

Vocational Activities

The holder of the National Certificate (Finance, Economic & Accounting) will be able to:

• Perform bookkeeping duties
• Keep records of wages, salaries, petty cash, Value Added Tax (VAT), reconciliation
• Prepare financial statements
• Manage budgets, analyses finances of a business, etc.

Career Opportunities

It provides an opportunity to access careers in any of the sectors listed below:

• Private and Public Accounting
• Sound Technology
• Financial Services
• Insurance Services
• Investment Services
• Bookkeeping