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National Certificate Vocational Programmes

Finance, Economics And Accounting

25 April 2020 / Comments
Business Studies

The National Certificate Finance, Economics and Accounting is a Finance, Economics and Accounting qualification at each of Levels 2,3 and 4 of the NQF. This qualification 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 environment or in a simulated workplace environment. It will provide students with an opportunity to experience work situations during the period of study.

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, 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 (RLP) assessment to meet the basic requirements for access to NQF Level 2.

Subjects

In order to obtain a National Certificate Finance, Economics and Accounting, a student is required to study a total of 7 subjects. These include 3 fundamental subjects and 4 vocational subjects, of which 3 are compulsory and 1 is optional.

The 3 fundamental subjects are:

  • Language-which must be the language
  • Mathematics/Mathematical Literacy
  • Life Orientation

The vocational subjects in the National Certificate Finance, Economics and Accounting are:

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

These subjects are offered at each of the different NQF levels of study in the National Certificate Finance, Economics and Accounting qualification.

What skills will I gain

The holder of the National Certificate Finance, Economics and Accounting will be able to:

  • Perform bookkeeping duties
  • Keep records of wages, salaries, petty cash, Value Added Tax (VAT), reconciliations
  • Prepare financial statements
  • Manage budgets, analyze finances of the business etc

Career Opportunities

The National Certificate in Finance, Economics and Accounting provides an opportunity to access careers in any of the sectors listed below:

  •  Private and Public Accounting
  • Banking
  • Financial Services
  • Investment Broking
  • Bookkeeping

Our Campuses

St Marks Campus
St Marks Campus
King Street Campus
King Street Campus
John Knox Bokwe Campus
John Knox Bokwe Campus
East London
East London Campus

NCV Programmes

NCV Programmes

National Certificate Vocational is a programme designed for learners with a minimum of grade 9. The programme accommodates students who have passed either grade 9, 10 of 11. This programme is meant to equip students with the necessary skills needed to pursue a career or business path in Business or Engineering.

Required documents

Copy Certified of latest school report / statement of result / Grade 9 or higher / GET Certificate / ABET Level 4 Certificate / N1 / A Recognition of Prior Learning (RPL) assessment to meet the requirements for access 

  • 3 certified copies of ID of Learner
  • 3 certified copies of ID of Parent/Legal Guardian
  • One ID size photo

Application

Applicants will undergo a placement test before submitting an application for the programme of their interest. The placement test takes place in September every year and students need to book in advance in order to write the test.

Advertisements for placement test booking dates can be found of the college website, local newspapers and social media pages (Facebook, Instagram and Twitter). An ID and Proof of Booking will be required on the day of the placement test.

Applicants will undergo two tests on the day. A numeracy and language (English) test. The pass mark for each test is 50%. Students will only receive results 5-10 days after the test date. Students need to pass both tests in order to be issued an application form.

If you are interested in pursuing any one of the Engineering qualifications you need to have passed pure Mathematics in the grade passed.

Duration

The Programme takes 3 years to complete and the student will be issued with a certificate for each of the level successfully completed (Level, 2 Level 3 and 4). Level 4 is equivalent to grade 12. Each level takes a year to complete.

Class Attendance

The college has a zero tolerance policy to poor and non-class attendance. Students need to inform their lectures if they will be absent from class, this is extremely important as poor or non-attendance could lead to serious consequences. Students need to familiarise themselves with the class attendance policy so as to avoid unsympathetic consequences. Compulsory Subjects Mathematics or Mathematical Literacy and English

Examination

Students will undergo a National Examination for each of the subjects they have registered, lecturers and Examination officers at each campus will notify students about examination application processes. Students must familiarise themselves with the examination policies and always adhere to the examination rules and regulations.