Diploma In Financial Management

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

The Diploma in Financial Management (DIFM) is a 3 year programme that provides an overview of the necessary skills, knowledge and techniques to manage finances in the 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. The areas of mergers and acquisitions are also explored.

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The duration of the programme is 3 years – 5 modules per year, comprising of 2 semester modules and 3 annual modules per year.

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

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

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Career Pathways for
this course?

  • Training Volunteer Educators
  • Educator for Levels 1 & 2
  • Guidance Councillor
  • Community Worker
  • Co-operative Assistant
  • Informal Business