NATED Financial Management Courses are specifically designed for the youths in South Africa that want to get employed. The Department of Higher Education and Training (DHET) created these courses to help graduates gain employment through the practical component that is required within the course.
The NATED Financial Management Courses were created with two (2) essential components. These are good for employment. The components are:
- Theoretical knowledge
- Practical knowledge
Theoretical Knowledge
The NATED Financial Management Courses were created with a theoretical component. This is the part where students must study to gain knowledge. There are four (4) courses in the NATED Financial Management Programme. Three of these courses fall under the theoretical knowledge component. These courses are:
In each NATED Financial Management Certificate Course, there are different subjects. In each subject, there are three (3) open book assignments and one (1) final examination set by the DHET.
You must pass the open book assignments and final examination in order to complete each Certificate Course. The pass mark for these assessments is 50% or higher marks. After passing these courses, you can move to the practical knowledge component.
Practical Knowledge
The last course in the NATED Financial Management Programme is made up of the practical knowledge component. This course is known as the Financial Management: NATED N6 National Diploma.
The Financial Management: NATED N6 National Diploma does not have assignments or final exams. You are only expected to work for 18 months in a company as your assessment for the practical component.
This is how you can complete the 18 months practical component:
- Visit the iWIL website to register for work
- This website is created by the DHET
- The Department of Higher Education and Training (DHET) offers work-based training for students through the iWIL website
- A company matching your qualifications will offer you a work placement
- You will need a logbook to record your 18 months of work experience
- You do not need to apply for this as we automatically send it to you
- Once you have completed 18 months of work experience, the manager must sign your logbook with the different duties you completed
- You then have to send the logbook to Matric College, and we will submit it to the DHET to get approved
You will receive your NATED Financial Management N6 National Diploma from the DHET once your logbook has been approved
Where Can I Study Financial Management In South Africa?
You can study the NATED Financial Management Courses at Matric College. We provide all our courses through distance learning. You will get to study our courses from home. Below is a list of reasons why you should the NATED Financial Management Courses at Matric College:
- Study from home
- Get help from tutors
- Receive study material
- Gain an accredited qualification
Study From Home
When you study through Matric College, you study from anywhere you are. This means that you can study even if you are outside of South Africa. Studying from home allows you to have flexible study schedules. You can study any time you want at the pace that you prefer.
Get Help From Tutors
We have tutors that can help you with the NATED Financial Management Courses. They are at your disposal every Monday to Friday from 08:00 am to 05:00 pm. You can ask questions about the assignments and exams, and they will assist you.
Receive Study Material
When you study through Matric College, we provide you with the learning material. We use courier services to deliver study material to where you are located. Delivery usually takes five to seven working days. The learning material has the following:
- Study guide
- Textbook
- Learning checklists
- Study calendar
Use your learning material to study. You will gain knowledge that will help you when answering your open book assignments and the final examination.
Gain An Accredited Qualification
The NATED Financial Management Courses are accredited by the DHET and the QCTO. When courses are accredited, they are monitored by professional bodies who ensure that the courses provide relevant knowledge and skills.
What Subjects Are Needed For Financial Management?
You do not need to have any particular subjects to study NATED Financial Management Courses. However, you can find it easy to study the course if you have studied subjects such as the following in High School:
- Mathematics
- Accounting
- Economics
- Business Studies
Can I Do Financial Management Without Maths?
Yes, you can study the NATED Financial Management Courses without Maths as one of your school subjects. No prior knowledge of Finance is needed. You only need to have a Matric Certificate at any Matric Pass Level to study.
Can I Study Financial Management Without Matric?
No, you can not study the NATED Financial Management Courses without a Matric Qualification. However, you can first study our Adult Matric Course to gain a Matric Certificate and use the Matric Certificate to study the NATED Financial Management Courses.
These are the Requirements you must meet to study the Adult Matric Course:
- You passed Grade 9 and have proof of your report OR
- You completed a Grade 9 equivalent course (i.e. an ABET Certificate) that included two official language subjects
- You are 21 or older when you write your exams
- You can apply as early as the age of 19 and start studying
- You can read, write and understand English or Afrikaans
You are able to study via distance learning
How Do You Pass Financial Management?
You can pass the NATED Financial Management Courses by getting 50% or higher marks for all assignments and final examinations. You can also pass the NATED Financial Management Courses by doing the following:
- Study your learning material daily
- Study to gain understanding
- Prepare for the open book assignments and exams
Ask tutors questions about your assessments in order to gain clarity
How Much Is The Financial Management Course?
You can find out what the course fees are for the NATED Financial Management Courses through our Course Experts. They will inform you of the course fees and how to make the payment. Matric College has designed payment plans that are designed to meet students needs.
What Can I Do With A National Diploma In Financial Management?
With the Financial Management NATED N6 National Diploma, you can find work. These are the careers you can pursue:
- Financial Manager
- Financial Assistant
- Business Consultant
- Financial Service Manager
- Credit Controller
- Management Assistant
Is Financial Management A Good Career?
Yes, working as a Financial Manager is a good career because of the following:
- You earn a good salary of approximately R 30 200 per month
- You are in charge of the finance team
- Work performed by you helps the company function well financially
- You can get different careers with your skills, knowledge and qualification
- You can start your own business
Author: Mulisa Nethononda
Editor: Sive Ncanywa
Date: July 11 ,2022