Course Summary
Course Name:
Financial Management: NATED N5 National Certificate
Certification Type:
Course Level:
N5, NQF5
Duration:
The Financial Management: NATED N5 National Certificate is the second of three theoretical course studies you need to complete in order to get your Financial Management National Diploma.
Course Information:
| Course Name | Financial Management: NATED N5 National Certificate |
| Accreditation | Accredited by the Quality Council of Trades and Occupations (QCTO) |
| Examinations | Financial Accounting N5 Internal Exam Computerised Financial Systems N5 Internal Exam Entrepreneurship and Business Management N5 Internal Exam Cost and Management Accounting N5 Internal Exam |
| Award Type | National Certificate: N5 Financial Management |
| Award Issued By | The Department of Higher Education and Training (DHET) and the Quality Council of Trades and Occupations (QCTO) |
| SAQA ID | 66954 |
| NQF Level | 05 |
| Course Duration | 12 months |
| Entry Requirement | National Certificate: N4 Financial Management |
Subjects For Financial Management: NATED N5 National Certificate
There are a total of four course subjects you need to take during the year that make up your N5 Financial Management curriculum. These subjects are:
- Financial Accounting N5
- Computerised Financial Systems N5
- Entrepreneurship and Business Management N5
- Cost and Management Accounting N5
What Will I Learn?
During this course, you will build on the knowledge gained in your N4 course, as well as learn new areas of study. You will learn more on:
- Economics
- Financial Accounting
- Entrepreneurship and Business
Learn new subjects such as:
- Cost and Management
Career Opportunities:
These are various career paths available once you complete your N5 Financial Management course. These careers include:
- Internal Auditor clerk
- Bookkeeper
- Insurance Sales Manager
Salary Expectations
Your salary varies depending on the career path you choose to follow. The expected monthly salary for the following occupations are as follows:
- Financial Analyst: R95 010 expected monthly salary
- Creditors Clerk: R15 500 expected monthly salary
- Bookkeeper: R17 522 expected monthly salary
- Insurance Sales Manager: R26 950 expected monthly salary
- Accounting Clerk: R14 533 expected monthly salary
Role And Responsibilities
The roles and responsibilities vary depending on the career you would choose. Duties you can expect to include:
- Providing financial information about a business
- Determining whether financial statements are correct and acceptable
- Creating financial reports
- Providing strategies for increasing sales
Each NATED Course Builds On The Next:
The Financial Management: NATED N5 National Certificate course is the second theoretical course study you are expected to do in your journey towards a Financial Management: National Diploma.
To study the Financial Management: NATED N6 National Certificate course, you will need to complete your Financial Management: NATED N5 National Certificate course first.
What Are My Options After Receiving A Financial Management: NATED N5 National Certificate?
After completing your Financial Management: NATED N5 National Certificate course, you can either register for the Financial Management: NATED N6 National Certificate course or apply for jobs in Financial Management. You can consider jobs such as a Bookkeeper, Internal Auditor Clerk and Insurance Sales Manager.
Financial Management: NATED N5 National Certificate Curriculum
The Financial Management: NATED N5 National Certificate curriculum consists of four study subjects, of which you are required to write two assessments and two examinations for each subject, during the course of the year.
Assessments To Be Completed In Financial Management: NATED N5 National Certificate
The assessments to be completed during the Financial Management N5 course include:
- Financial Accounting N5 Assessment 1
- Financial Accounting N5 Assessment 2
- Computerised Financial Systems N5 Assessment 1
- Computerised Financial Systems N5 Assessment 2
- Entrepreneurship and Business Management N5 Assessment 1
- Entrepreneurship and Business Management N5 Assessment 2
- Cost and Management Accounting N5 Assessment 1
- Cost and Management Accounting N5 Assessment 2
Financial Management: NATED N5 National Certificate Exams
For each subject taken, you are required to write two examinations. The examinations will be one internal examination and one external examination, per subject taken.
Why Choose To Study With Bellview Institute of Distance Learning?
There are many benefits to studying via distance learning through Bellview Institute. These benefits are designed to make your learning experience easy and convenient. View our benefits here.
Bellview Institute of Distance Learning Financial Management: NATED N5 National Certificate 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:
- Filling out the online application form
- Contacting one of their course specialists
- Contact our Student Recruitment Office:
Call or WhatsApp: 065 656 9818
Landline Number: 021 838 8280
How Do I Study For Financial Management: NATED N5 National Certificate?
To study the Financial Management: NATED N5 National Certificate course, you will need to have a Financial Management: NATED N4 National Certificate. Once you have that, you need to:
- Register for the Financial Management: NATED N5 National Certificate course
- Complete all assessment required for the year
- Pass all internal and external examinations
When Can I Start Studying Financial Management: NATED N5 National Certificate?
You can start studying for a Financial Management: NATED N5 National Certificate at any time, provided you have your Financial Management: NATED N4 National Certificate. Bellview’s application process is open all year round.
Frequently Asked Questions
An N5 Certificate in Financial Management is the intermediate course level qualification, achieved after completion of the second of three theoretical course studies in Financial Management.
Yes, Financial Management has mathematics. Financial Management is all about applying accounting and numerical skills.
The Financial Management: NATED N5 National Certificate course has a total of 60 credits.
An N5 Certificate is equivalent to any qualification that is at NQF level 05.
No, you do not qualify for a National Diploma with an N5 National Certificate. In order to get a National Diploma, you need an N6 National Certificate.
You first have to qualify to do the N5 National Certificate In Financial Management. In order to qualify for the course you need to have an N4 National Certificate in Financial Management.
You will need a Financial Management N4 National Certificate to register for the Financial Management: NATED N5 National Certificate Course.
The Financial Management: NATED N5 National Certificate course takes 12 months to complete.
The four elements of Financial Management are:
- Planning
- Controlling
- Organizing
- Decision making
To find out the current course fees of the N5 Financial Management course, contact one of our course specialists.
Algebra is one of the most important maths principles to learn and will be used in Financial Management, as you deal with financial investments and banking.
If you are doing a Financial Management course, you will learn and improve on some of the following skills:
- Interpersonal skills
- Problem Solving Skills
- Communication
- Financial Planning
Author: Ashley Roskruge
Editor: Connor Bergsma
Date Published: May 10, 2022