Certificate in Financial Management

FACULTY OF FACULTY OF EDUCATION, TRAINING & SKILLS DEVELOPMENT • SAQA ID NO. 20838 • NQF4 • 120 CREDITS • 1

The Certificate in Financial Management (CIFM) is a 2 year programme that provides an overview of the necessary skills, knowledge and techniques to manage finances in a public or business sector context. 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.

Image module

Year 1

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

See Overview for more.

Career Pathways for
this course?

  • Graduates will be able to:
    • 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