The Financial Management: NATED N6 National Diploma is the last qualification in the NATED Financial Management Programme. This course does not include any theoretical component, which means you will only focus on the 18 months of work experience. To apply for your Financial Management: NATED N6 National Diploma you need to complete the following courses:
Our NATED courses are offered in partnership with Bellview Institute of Distance Learning.
| Certificate Type | National N Diploma |
| Awarded By | The DHET and the QCTO |
| Award Type | National Certificate and a Programme Completion Certificate |
| NQF Level | Level 6 |
| SAQA ID | 67040 |
| Credits | 360 |
| Entry Requirements |
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Financial Management Subjects
The Financial Management: NATED N6 National Diploma does not require any theoretical work because it only consists of 18 months of work experience. To gain entry into this qualification, you must complete the previous courses:
Career Opportunities
After you have completed your Financial Management: NATED N6 National Diploma course, you can get into the following career paths:
- Accounts Clerk
- Administrative Clerk
- Assets Management Supervisor
- Bank Teller
- Billings Clerk
- Creditors Clerk
- Debtors Clerk
- Finance Administrator
- Hospital Finance Clerk
- Loan Consultant
- Principal Clerk
What Will I Learn?
The skills you will learn in this course are more advanced than those you have gained in the previous course (Financial Management: NATED N6 National Certificate). Here is what you will learn in the Financial Management: NATED N6 National Diploma:
- You will learn how to manage finance for:
- Your own business
- For your personal finances
- The business you are working for
- Running a business efficiently and effectively
- Calculating and analysing balance sheets
- Effects of the economy on a business
Financial Management: NATED N6 National Diploma Assessments
The Financial Management: NATED National Diploma does not have any assessments. You will only complete the 18 months of work experience to get your Financial Management: NATED National Diploma.
18 Month Work Experience
After you have completed all of the Financial Management Courses, you must complete 18 months of work experience. In your logbook, you should record your work experience. Continue reading to discover more about the logbook.
You can do the following with your Financial Management: NATED N6 National Diploma:
Find Employment: Entry-Level Jobs
With your Financial Management N6 National Diploma, you can find employment. Here are some positions you could apply for:
- Accounting Clerk
- Creditors Clerk
- Financial Clerk
- Financial Manager
- Junior Financial Assistant
- Payroll Administrator
Further Your Studies At Matric College
You can continue your studies at Matric College. In addition, we offer ICB Financial Accounting Programmes that are internationally recognised and you can study these courses without a Matric Certificate. The Institute of Certified Bookkeepers (ICB) is an Independent External Examination Board that offers accredited Business courses.
Here are all of the ICB Financial Accounting Courses that we offer:
The NATED Financial Management N4 to N6 National Certificates are National Qualifications (NATED) that were designed by the Department of Higher Education and Training. There are both theoretical and practical components to each course that need to be completed. This will allow you to get an N National Diploma.
These qualifications start with an NQF Level 5 and move up to an NQF Level 6. NQF Level 6 qualifications are just one level below a Degree, which is at an NQF Level 7.
National Qualifications are also referred to as NATED courses. NATED stands for National Accredited Technical Education Diploma courses. National Qualification (NATED Courses) builds on one another. This means that you must complete the N4 National Certificate course to gain entry into the N5 National Certificate etc.
You can enter the world of finance by completing any of our Financial Management N4 to N6 courses.
A Financial Management Diploma is the most comprehensive course in our NATED Financial Management Programme. In this course, you will explore everything related to Financial Management. This course is not an introduction to Financial Management but more an extensive understanding of Financial Management.
In our Financial Management Diploma course, you will not learn any theoretical skills. The focus will be on the work experience you will gain. The Department of Higher Education and Training provides placements for our students. This programme is called iWIL. This service matches our students with employers that offer work experience opportunities.
After you have completed your Financial Management: N6 National Certificate you can complete your Financial Management: N6 National Diploma. You have to complete 18 months of practical experience to get your Financial Management: N6 National Diploma.
Once you have completed your Financial Management: N6 National Diploma, you can complete an ICB Financial course.
An N National Certificate in Financial Management can be completed within 6 to 12 months. NATED National N4, N5, and N6 courses typically take between 18 and 36 months to complete. The following table lists the different ways you can complete a Financial Management NATED Qualification at Matric College:
| 6 months | 12 months | 18 months | |
| Completing the theory | N4 National Certificate only: Complete only one course at a time. You will only complete 6 months of theory. | N4 and N5 National Certificates only: Complete the first two courses. You will only complete 12 months of theory. | N4, N5, and N6 National Certificates only: Complete all three courses. You will only complete 18 months of theory. |
| Completing the theory and then the work experience | Complete 6 months of theory and 6 months of work experience. This will be 12 months in total. Whether you complete your work experience or not you will still receive your N4 Certificate. | Complete 12 months of theory and 12 months of work experience. This will be 24 months in total. Whether you complete your work experience or not you will still receive your N4 and N5 National Certificates. | Complete 18 months of theory and 18 months of work experience. This will be 36 months in total. Whether you complete your work experience or not you will still receive your N4, N5, and N6 National Certificates. Get your N6 National Diploma by completing a total of 18 months of work experience. |
| Completing work experience with the theory | This option is for students that are working in their field of study while studying. You can complete the practical component of the N4 Certificate and gain 6 months of work experience. | This option is for students that are working in their field of study while studying. You can complete the practical component of your N4 and N5 Certificates and gain 12 months of work experience. | This option is for students that are working in their field of study while studying. You can complete the practical component of your N4, N5, and N6 Certificates and gain 18 months of work experience. |
Yes, Financial Management is a good career. This is why it is important to take a Financial Management course:
- Financial Managers are critical to every business
- By getting more insight into your own and your business’s finances, you can make better financial decisions
- The skills you learn are transferable, which means you can use your skill in every industry that you choose to work in
- Financial Management is a scarce skill in South Africa, once you are qualified, employers will easily employ you because they need people with your skills
There are three types of Financial Management required by a company:
- Capital Budget Management
- Capital Structure Management
- Working Capital Management
Capital Budget Management
It is the process that companies use to decide if their assets (new machinery, new research projects) are worthwhile for the company to allocate funds towards. A financial team or Financial Manager decides where, when, and how the money should be spent.
Capital Structure Management
Capital structure management focuses on preserving the ongoing operations of businesses and maintaining flexible access to capital markets.
Working Capital Management
It is when the company uses bookkeeping processes and accounting strategies to keep track of current assets and liabilities.
No, the Financial Management course is not difficult. While you will find that taking any course at first is challenging, the more you learn about it, the easier it becomes. Keep the following considerations in mind:
- Complete a Financial Management course to learn more about numbers
- Complete a Financial Management course if you enjoy Math
- Complete a Financial Management course if you are willing to put in the time and effort
Your Next Step Is To Further Your Studies
After you have completed your Financial Management: NATED N6 National Diploma, you can further your studies with another NATED Course.
Why Choose To Study With Matric College?
Matric College offers excellent options for students who prefer distance learning. Distance learning does not require you to attend any classes in person or any scheduled classes online. Busy students will benefit from distance learning. There are several reasons to study with us:
- We offer unique payment plans: Different payment options are available. Here are your payment choices:
- Advance payments (Paying your studies for the entire programme or course)
- Split payments (Paying half of your studies at the beginning of the year, and the other half at the end of the year)
- Monthly payments (Pay a fixed installment every month)
- Unique payment method (a payment method that works for both of us)
- You can study and work: You can study full-time while working. You do not have to attend classes in person or online. Just submit your assignments and take the final exam
- Set up your own study schedule: You can decide how much time you want to spend on studying. At Matric College, we know that balancing work, family, and studies is important
- Get tutor assistance from us: We have tutors who can assist you if you are struggling with the work or need advice on the work. You can reach out to our tutors online or book a callback
- Our friendly support team checks in on your progress: You will receive regular calls to check in on your progress or remind you of assignments and upcoming tests
Yes, Financial Management is in-demand in South Africa. In South Africa, Financial Management is considered a scarce skill. Employers are looking for people who have skills and qualifications in Financial Management.
This opens up many doors for you and you can work in many different industries that are not related to Finance. For example, you can use your skills learned in the Financial Management course and apply them when you start your own hair salon business.
Here are some factors that contribute to the demand for a Financial Management course:
- The quality of the Financial Management Qualification
- The demand that each company needs a Financial Manager to run the finances of their business
- The knowledge and skills to successfully manage and increase business profits
No, you can but can only apply for a Diploma course. Once you have completed the Diploma course, you can apply for another NATED course. You must have a Bachelors Degree Matric Pass Level to gain entry to most universities. Here are the different Matric Pass Levels:
No, you cannot complete a Degree course with an N6 National Certificate. A National Diploma N6 can sometimes be accepted, and even then it depends on how the university defines its entry requirements and which courses it offers.
You should research the university before applying. Certain universities do accept N6 National Certificates whereas others do not accept N6 National Certificates. The majority of universities only consider your Matric Pass Level, regardless of the other qualifications you have completed after Matric.
- N6 National Certificate (This Course only has a theoretical component only)
- N6 National Diploma (This Qualification has a theoretical component and a practical component)
The main difference is that the N6 National Diploma is a Qualification and the N6 National Certificate is a Course.
Here are some more differences between these two qualifications:
| Qualification | N6 National Certificate | N6 National Diploma |
| NQF Level | NQF Level 5 | NQF Level 6 |
| Certificated type awarded | Certificate of achievement | National N Diploma |
| Certificate awarded by | Directly by Matric College. | Directly by the Department of Higher Education and Training. |
| Components involved | Complete the theoretical component of this qualification. Complete: N4, N5, and N6 National Certificates to get your N6 National Certificate. | Complete both the theoretical and practical components of this qualification. Complete: N4, N5, and N6 National Certificates. You need to complete a total of 18 months of work experience to get your N6 National Diploma. |
The difference between the award type is demonstrated below:
| A NATED National Diploma | A NATED National Certificate |
 |  |
No, you cannot upgrade your Financial Management: NATED N6 National Diploma to a Degree course. However, here is what you can do to apply for a degree course:
- You can first apply at a university for a Diploma course: Remember that some universities only look at your Matric Pass Level
- You can then apply at a university for a Degree course: if you have been accepted for the Diploma course, and have completed the course successfully, you can apply for a Degree course
- You can apply for a Matric Upgrade course: If a university does not accept you for a Diploma or Degree course, you can improve your final Matric marks by completing a Matric Upgrade course
No, N6 is not an Undergraduate Programme. An Undergraduate Programme is usually a course that is completed by students who are attending university for the first time. Undergraduate Programmes are Bachelor Degree Programmes.
The main difference between an N6 National Diploma Qualification and an Undergraduate Qualification is that they are at different NQF Levels. An N6 National Diploma is at an NQF Level 6 and an Undergraduate Qualification is at an NQF Level 7.
Yes, Financial Managers do make good money. Your salary is determined by the following factors:
- Background in education
- Have you completed a NATED Course
- Have you completed an ICB Course
- Have you completed a Degree Course
- Your professional experience
- Entry-level
- 3 – 8 years
- Intermediate level
- 8 – 15
- Senior level
- 15 – 20 Years
- Entry-level
- The position you hold
- Here are some examples positions with the average salary per year
| Financial Analyst | Junior Level: R 190 000 per year Intermediate Level: R 468 000 per year Senior Level: R 557 000 per year |
| Sales Manager | Junior Level: R 273 000 per year Intermediate Level: R 365 000 per year Senior Level: R 525 000 per year |
| Operations Manager | Junior Level: R 153 000 per year Intermediate Level: R 383 000 per year Senior Level: R 442 000 per year |
R 53 759 Per month
The average salary for a Finance Manager is R 53 759 per month in South Africa.
Source: Indeed
The salary will be determined by the following factors:
- How much experience you have
- The education you have received
- The position you have applied for
- The employer’s expectations
Application Process
Here is how to apply for the NATED Financial Management Programme:
Step 1: Contact us
Here are the ways to contact us:
- Online application form
- Book a call
- Call us on (021 838 8295) when you are ready
- Address: This is where we are located
Step 2: Get your study material
The first batch of study materials will be delivered within 5 – 7 working days after your registration has been approved.
Step 3: Continue your studies
You can get tutor assistance through us, as part of your studies.
Step 4: Register for the exams
When the registration for the exams opens, you should apply. However, this only applies if you are prepared to write the exams.
Step 5: Write the exams
After passing the exams, you may apply for the next NATED Programme.
How Do I Study The Financial Management Programme?
Follow these steps to study our NATED Financial Programme:
| Step 1: Apply the NATED National Programme |
| Step 2: You need to finish three assignments before you register for the final exams |
| Step 3: Get 40% or more for all of your assignments |
| Step 4: Wait for the results of your assignments |
| Step 5: Apply for the final NATED exam after you have received your results and qualify to write the exam |
| Step 6: Write your first exam AND continue the process with each subject |
| Step 7: After you have successfully completed the course, you will receive your Certificate from Matric College. *The DHET will provide you with your National Diploma. |
Where Can I Study Financial Management: NATED N6 National Diploma Course?
You can complete a NATED course via distance learning at Matric College.
When Can I Start Studying The Financial Management: NATED N6 National Diploma Course?
When you are ready, you can start your studies with us. We are a distance learning institution. You can apply whenever you are ready. Exams can be taken the same way.
Once you are ready to take the exams, you can register. By doing so, you will have full control over your studies and future career.
Frequently Asked Questions
The N6 National Certificate has 60 credits and the N6 National Diploma has 360 credits.
- Be at least 16 years or older to apply
- Have a Matric Certificate or Matric Equivalent Certificate
- Be comfortable studying via distance learning
- Understand, read and write in English
- Financial Accounting
- Cost and Management Accounting
- Computerised Financial Systems
The subjects in the NATED Financial Management Programme depend on the course you choose.
The primary responsibility of financial managers is to attend to the:
- Auditing
- Budgeting
- Collecting funds
- Controlling funds
- Offering financial guidance to employers and clients
- Managing taxes
- Obtaining funds
- Planning
Yes, Financial Managers travel a lot. It depends on the type of Financial Management position you hold. Some companies require their Financial Managers to meet with clients abroad and/or nationally.
You can earn a decent salary in both fields of study. It depends on the position you hold.
No, Financial Management is not pre-law.
Other Financial Management Courses
Author: Jesmé Africa
Editor: Amy Venter
Date Published: March 1, 2022
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