Do you want to study in the Financial Management NATED Courses but do not have Matric? You do not need to worry. You can study this course at Matric College even if you do not have Matric.
To be able to study the Financial Management NATED Courses, We require that you have Matric. For someone who does not have Matric, we recommend that they first study our Adult Matric or Upgrade Matric course.
Through the Adult Matric and the Upgrade Matric Courses, you will be awarded a Matric Certificate. You will then use the Matric Certificate to study for the Financial Management NATED Courses. Here are the courses you will study:
Adult Matric Course
The Adult Matric Course is designed to help you gain knowledge that is good for furthering your studies. When you have completed studying this course, you are awarded a Matric Certificate. You can use the Matric Certificate to apply for the Financial Management NATED Courses.
These are the requirements for 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
Upgrade Matric Course
The Upgrade Matric Course is designed to help you improve your Matric results. If you have been in Matric before and you either failed or passed, you can study this course. You will be awarded a Matric Certificate when you finished the course. You can use this qualification to study the Financial Management NATED Courses.
These are the Upgrade Matric requirements:
- Must have incomplete Matric result or
- Your final Matric results
- Matric Certificate (Amended Senior Certificate or National Senior Certificate)
- Statement of results
- Passed or failed Matric results
What Is Financial Management?
The Financial Management NATED Courses are created by the Department of Higher Education and Training (DHET). The DHET designed these courses because there is a gap in the youth employment rate in South Africa.
They created courses with components that are valued by employers as a way to help more students gain employment. The Financial Management NATED Courses are made up of two components. These are:
- Theoretical component
- Practical component
Theoretical Component
The Financial Management NATED Courses are made up of four National courses. Three courses are National Certificates and the fourth course is a National Diploma. The three National Certificate courses consist of the theoretical component.
These are the three Financial Management National Certificate Courses:
- Financial Management: NATED N4 National Certificate
- Financial Management: NATED N5 National Certificate
- Financial Management: NATED N6 National Certificate
The theoretical component refers to the theoretical studies. This means that you must complete certain assessments in order to pass this component. In the above National Certificate Courses, there are three open book assignments and one final examination in each subject.
To pass these courses, you must pass with 50% marks or higher. When you have completed the theory component, you move into the practical component.
Practical Component
The last course is the Financial Management: NATED N6 National Diploma consist of a practical component. There are no assignments or exams in this course. To pass this course, you must work for 18 months. This is known as 18 months of work experience.
You must find a company where you work for 18 months. When you have completed this practical component, you are then awarded your Financial Management: NATED N6 National Diploma.
This is how you can complete your work experience:
- Register your personal details on the iWIL website:
- This is a website designed by the Department of Higher Education and Training
- Through the iWIL website, you will be able to find a company where you can complete your practical component
- This experience can be paid or unpaid based on the company you work at
- We will provide you with a logbook to use during your work experience:
- You do not apply for this logbook, we simply send it to you
- You do not apply for this logbook, we simply send it to you
- In order to prove the completion of your work experience, the manager of the company where you worked must sign your logbook
- Return the logbook, and we will send it through to the DHET for them to review it
- The DHET will issue your Financial Management: NATED N6 National Diploma once your logbook has been approved
Who Qualifies To Study NATED?
You qualify to study the Financial Management NATED Courses at Matric College if you meet these requirements:
- Must have a Matric Certificate (National Senior Certificate or Amended Senior Certificate)
- Be at least 16 years or older
- Be able to study through distance learning
- Be able to read, write and understand English
What Subjects Are Needed To Study Financial Management?
There are no specific subjects needed to study the Financial Management NATED Courses. However, if you have subjects such as the following, it would be easier for you to understand the course. These subjects are:
- Mathematics
- Accounting
- Economics
- Business Studies
How Can I Pass Financial Management?
You can pass the Financial Management NATED Courses by completing the theoretical and practical components in the course. This is how you can do it:
Theoretical component
- Pass the three Financial Management NATED National Certificates courses
- Complete all open book assignments in each subject
- Write all exams in each subject
- Pass the assignments and exams with 50% or higher marks
- Get awarded the Financial Management: NATED N4 National Certificate, Financial Management: NATED N5 National Certificate and the Financial Management: NATED N6 National Certificate
Practical component
- Find a company where you can do your work experience
- Get a logbook from us
- Complete the 18 months of work experience
- Let the manager sign your logbook
- Send us the logbook, and we will send it to the Department of Higher education and Training for approval
- Receive the Financial Management: NATED N6 National Diploma after your logbook has been approved
Why Study At Matric College?
You should study at Matric College because of the following reasons:
- The opportunity to study from anywhere you want
- Save money by studying from home
- You can study while you are employed
- Get assisted by tutors when you need help
- Get information from Course Experts about the course you are studying
- Study at the pace that you like most
- Study according to the timetable you have made for yourself
- Study an accredited course and gain the relevant knowledge
- Gain a qualification that is recognised in South Africa
Gain skills that are in demand in the country
What Jobs Can I Do With A Financial Management Qualification?
You can use a Financial Management NATED Qualification to get the following careers:
- Financial Manager
- Assistant Manager
- Financial Assistant
- Credit Manager
- Financial Services Manager
- Credit Controller
Who Can Become A Financial Manager
You can become a Financial Manager if you enjoy working with money. This is because Financial Managers handle company budgets, write financial reports and other duties related to funds.
As a Financial Manager, you are in charge of employees in the finance department. You must have great leadership skills. This means you must know how to communicate well as motivate your team.
Author: Mulisa Nethononda
Editor: Connor Bergsma
Date Published: June 27, 2022