Diploma in Financial Management

The programme provides an overview of the necessary skills, knowledge and techniques to manage finances in a public or business sector context.

3 years
NQF Level 6
360 credits

Key features

  • Display knowledge of selected day-to-day management functions of a business
  •  Appreciate financial principles of accountability, cost-effectiveness, cost-efficiency and value for   money
  • Obtain employment in accounting firms and finance departments in the public or private sector
  • Describe financial management terminology, concepts and principles
  • Analyse and interpret financial management statements and reports such as balance sheet, income and expenditure

About

The programme explores the complex challenges of financial management decision-making processes and deals with issues such as: budgeting; cash-flow projections; cost benefit analysis; financial statements with respect to balance sheets; income and expenditure statements; assets register; ratio analysis; business investment; financing decisions; current asset management; dividend and dividend policy. The areas of mergers and acquisitions are also explored.

Outcomes

Upon successful completion of the programme, the student should be able to:

  • Obtain and assimilate knowledge appropriate to the practice of financial management in any organisation.
  • Prepare financial statements of entities, including groups of companies, using relevant financial information, accounting techniques and standards; and to analyse and interpret such financial statements
  • Understand the general legal framework, and apply specific legal principles relating to business, including taxation legislation as applicable to individuals, single companies and groups of companies.
  • Explain the process of carrying out the assurance (audit) engagement and its application in the context of the professional (audit) regulatory framework.
  • Describe the organisational context of the financial manager and of the development of financial systems; to understand the need for the efficient use of resources within an organization
  • Communicate business and general management information to relevant stakeholders effectively using both oral and verbal communication

Programme structure

Duration:  3 years
There are 5 modules per year over two semesters

Year 1

  • Business Communication 101
  • Mathematics of Finance 101
  • Financial Management 1
  • Economics 1
  • Financial Accounting 1

Year 2

  • Business Management 201
  • Introduction to Taxation 201
  • Financial Management 2
  • Managerial Accounting 2
  • Business Information Systems 2

Year 3

  • Ethics and Corporate Governance 301
  • Public Sector Finance 301
  • Financial Management 3
  • Commercial Law 3
  • Taxation 3

Admission requirements

National senior certificate with minimum Diploma admission or a relevant NQF4 qualification or equivalent; ‘A’ or ‘O’ level certificate

Application

Want more information? Download application and other documents below.

Are you ready to take the next step?

Improve and develop your knowledge and competencies.

Chat with us, we are online1
;