Course Summary

Course Name:

Financial Management: NATED N6 National Diploma

Certification Type:

Course Level:

N6, NQF6

Duration:

The Financial Management: NATED N6 National Diploma is the last course in the Financial Management Diploma course. The course will equip you with the integral practical skills and knowledge of managing a business’s financial health and growth.


Course Information:

Course Name Financial Management: NATED N6 National Diploma
AccreditationAccredited by the Quality Council of Trades and Occupations (QCTO)
ExaminationsAs the National Diploma course involves only practical training, there are no examinations to be held. However, you will be required to complete all relevant tasks, as per the National N Diploma: Financial Management: Logbook
Award Type National N Diploma
Award Issued ByThe Department of Higher Education and Training (DHET)
SAQA ID67040
NQF Level06
Course Duration18 months
Entry RequirementFinancial Management: NATED N6 National Certificate

Subject For Financial Management: NATED N6 National Diploma

Subjects you will have to cover in your journey towards your National Diploma include:

Completion of all Financial Management: NATED N4 National Certificate subjects:

  • Financial Accounting N4
  • Computerised Financial Systems N4
  • Entrepreneurship and Business Management N4
  • Management Communication N4


Completion of all
Financial Management: NATED N5 National Certificate subjects:

  • Financial Accounting N5
  • Computerised Financial Systems N5
  • Entrepreneurship and Business Management N5
  • Cost and Management Accounting N5


Completion of all
Financial Management: NATED N6 National Certificate subjects:

  • Financial Accounting N6
  • Computerised Financial Systems N6
  • Entrepreneurship and Business Management N6
  • Cost and Management Accounting N6


During the
N6 National Diploma course, you will only be required to complete practical training. All theoretical course studies are completed in your N4 – N6 National Certificate studies. 


What Will I Learn?

After completing your theoretical studies, you will learn the following in your National Diploma training course:

  • Understand and apply specific subject knowledge and skills in a learning or working environment
  • Knowing, understanding and applying relevant health and safety standards applicable to a chosen occupational area
  • Understanding, applying and adopting the values related to an occupational area
  • Communicating appropriately


Career Opportunities:

The following career opportunities are available in Financial Management:

  • Financial Manager
  • Auditor
  • Accountant
  • Bookkeeper
  • Financial Administrator


Salary Expectations

The salary range varies depending on your career choice. Expected monthly salaries for the different career paths are as follows:


Roles And Responsibilities

The roles and responsibilities will vary depending on the career path you follow in each Financial Management sector. These roles typically include:

  • Preparing and monitoring financial statements
  • Supervising financial reporting
  • Maintaining internal control systems
  • Reviewing financial records

Each NATED Course Builds On The Next:

Once you have completed all the theoretical course studies, you will need to be placed at a company in which you can complete the required practical training. 

If you are already doing practical training, and are interested in getting your diploma, you will need to complete the necessary theoretical studies and get all required certificates.

Your first theoretical course will be the Financial Management: NATED N4 National Certificate, and your last will be the Financial Management: NATED N6 National Certificate.


What Are My Options After Receiving My Financial Management: NATED N6 National Diploma?

Once you have completed your training and gained your National Diploma, you can become a:

  • Finance Manager
  • Accountant
  • Auditor
  • Payroll Clerk
financial management n4 national certificate article infograph

Financial Management: NATED N6 National Diploma Curriculum

The Financial Management: NATED N6 National Diploma curriculum consists of:

  • Exit level outcomes
  • Associated assessment criteria
  • Range
  • Integrated assessment
  • International comparability


The
Logbook will be used to assess the student in all the relevant aspects of the job.

18-Month Practical Training

To get your National Diploma, you need to complete 18-months of practical training. After completing all your theoretical course studies, you can apply for an internship or a job to complete your 18-months practical training.


Financial Management: NATED N6 National Diploma Log Book

The National N Diploma: Financial Management: Logbook is used as a statement of your work experience. Once you have completed your course studies, and gained practical experience, the logbook serves as the proof you need to obtain your National Diploma.

The logbook holds records of you as a student, as well as records from your employer. These records involve the tasks you need to complete. Some of which include:

  • Cash Payments
  • Cash Receipts
  • Bank Reconciliation
  • Processing payments made to Creditors and Reconciling Creditors
  • Managing Petty Cash
  • Stock Taking/asset management
  • VAT calculations and returns

Why Choose To Study With Bellview Institute of Distance Learning?

There are many benefits of Distance Learning. If you study a Distance Learning course with Bellview, you can get additional benefits as well. Some of these benefits include:

NATED Financial Management Courses

Meet Your Financial Management Tutors

Bellview Institute of Distance Learning Financial Management: NATED N6 National Diploma Facebook Group

You can join Bellview’s Facebook group to interact with Bellview staff and fellow students. You will receive the latest updates and news and are free to ask any questions.

Bellview Institute of Distance Learning Application Process

Bellview’s registrations are open all year round. You can apply by:


Call or WhatsApp: 065 656 9818
Landline Number: 021 838 8280


How Do I Study For A Financial Management: NATED N6 National Diploma?

To study towards a Financial Management Diploma, the minimum requirement you would need is a Matric Certificate. You would then need to:


When Can I Start Studying Financial Management: NATED N6 National Diploma?

You can study towards a Financial Management Diploma at any time, provided you have a Matric Certificate.

Frequently Asked Questions

A NATED N6 National Diploma course is the final course in each NATED programme and consists of gaining practical training for a period of 18-months.

A National Diploma qualification credits you in both theoretical and practical aspects of a field of study. It is proof that you have both theoretical and practical knowledge of Financial Management.

The main purpose of financial management is to ensure the finances of a company are managed effectively, and that they are healthy and growing.

With a National Diploma in Financial Management, you can follow a host of various financial management careers, as well as start your own business.

Yes, you need a basic understanding of mathematics to study Financial Management. Mathematics is an important subject in the finance of any business.

The three major scopes of Financial Management include:

  • Investment Decision
  • Financing Decision
  • Dividend Decision

The Financial Management programme covers the following subjects:

Financial Management: NATED N4 National Certificate:

  • Financial Accounting N4
  • Computerized Financial Systems N4
  • Entrepreneurship and Business Management N4
  • Management Communication N4


Financial Management: NATED N5 National Certificate:

  • Financial Accounting N5
  • Computerized Financial Systems N5
  • Entrepreneurship and Business Management N5
  • Cost and Management Accounting N5


Financial Management: NATED N6 National Certificate Subjects:

  • Financial Accounting N6
  • Computerized Financial Systems N6
  • Entrepreneurship and Business Management N6
  • Cost and Management Accounting N6

The admission requirement for a N6 Financial Management Diploma course is to have a Financial Management N6 National Certificate.

An entry-level position can earn as much as R724 452 per year, while senior level positions can earn up to R1 302 100 per year.

Once you have your N6 Financial Management National Certificate, you have to complete 18-months practical training in order to get a Financial Management National Diploma.

During you Financial Management National Diploma course you will complete work-related practical training. You will be required to fulfil tasks in accordance with your Financial Management: Logbook.

Yes, you will need a Matric Certificate to start your NATED Financial Management studies, in order to study towards a National Diploma.

Financial Management and Financial Accounting refers to two seperate roles of finance. However, studying the NATED Financial Management course will provide you with the qualifications needed to pursue a career in accounting.

Yes, the demand for people working in the accounting and finance sector in South Africa is very high, so pursuing a career in Financial Management will lead to a lot of job oppurtunities.

To obtain a Financial Management National Diploma, you will need to have a:

  • Financial Management: NATED N4 National Certificate
  • Financial Management: NATED N5 National Certificate
  • Financial Management: NATED N6 National Certificate

No, you cannot go to university with an N6 Financial Management National Diploma. There is no correlation between NATED qualifications and university entry.

Yes, Financial Management includes mathematics. While maths can be a tricky subject, in Financial Management, the subject is more straightforward handling subjects like algebra, and compound interest.

Having a qualification in finance tends to allow you access to higher paying jobs than qualifications in accounting would. Finance majors have the added benefits of being able to choose a range of different jobs within the financial department of a business, and will be able to pursue managerial positions, earning more money.

The Financial Management N6 National Diploma course is a practical training course. Throughout this course, you will have the opportunity to receive work-based training that will prepare you to become a professional in your field.

Upon completion of your Financial Management N6 National Diploma, you can pursue the following careers:

  • Financial Manager
  • Financial Administrator
  • Auditor


You can also further your studies by registering for any of our other NATED courses.

Once you complete your N6 National Diploma you can apply for managerial positions in finance departments of any business, in any industry.

Yes, it can be. However, once you start studying and commit to learning, it will be easier for you.

A good Financial Manager is someone who:

  • Is honest
  • Has a full understanding of the business model
  • Knowledgeable on various financial regulations
  • They have communication skills
  • They are able to adapt and train others

Corporate Management has to deal with capital budgeting, managing working capital, and creating capital structure.

Yes, employers highly value NATED courses because when you do a NATED course you will receive practical experience.

For information on the course fees, contact our course specialists.

These are the skills you need to be a Financial Manager:

  • Commercial and Business awareness
  • Excellent Communication and presentation
  • An analytical approach to work
  • High numeracy and sound technical skills
  • Problem-solving skills

With a Financial Management National Diploma you can work at:

  • Banks
  • Corporate companies
  • Small start-ups
  • Or even start your own financial management business

These are the highest paying careers in finance:

  • Financial Advisor
  • Insurance Advisor
  • Financial Analyst
  • Compliance Analyst
  • Investment Banker

The three basic functions of a Finance Manager are:

  • Making investment decisions
  • Making financial decisions
  • Making dividend decisions

The best part of being a financial manager is having a say in the business decisions and watching the company grow and seeing the results of your efforts.

The Financial Management N6 National Diploma course is a NQF level 6 qualification.

No, there are no subjects covered in this course. The Financial Management N6 National Diploma is a practical course. You are only required to complete work-based training for 18 months.

The Financial Management: NATED N6 National Diploma SAQA ID is 67040

No, you need to complete the Financial Management: NATED N4 – N6 National Certificate courses before you will be able to complete the Financial Management: NATED N6 National Diploma course.

The Financial Management: NATED N6 National Diploma could take you 18 months to complete.

The logbook consists of tasks you will need to complete during your work-based training. The tasks covers everything you were taught in the theory courses.

No, the Financial Management N6 National Diploma is a practical course. You are not required to complete any exams in this course.

Author: Ashley Roskruge
Editor: Connor Bergsma
Date Published: May 10, 2022