Financial Management can be a fantastic career. Every company needs a Financial Manager and if it is a smaller company, the demands and responsibilities you have will be different from those in a bigger company. This means that your job will never be boring and will always be challenging. Keep reading to find out why you should study Financial Management.
Our Financial Management Courses
The N4 Financial Management Course includes subjects such as Financial Accounting and Computerised Financial Systems. All companies require people with these skills. This is the first step to receiving your National Diploma.
The N5 Financial Management Course is fully accredited and it is the second part of your journey to your National Diploma. This course builds on the skills you have learned in the N4 course.
The N6 Financial Management Course is the final step. It builds upon everything you have learned in the N4 and N5 modules. Completing this course will award you with a National Diploma in Financial Management.
What Exactly Does a Financial Manager do and why are They Important?
Financial Managers are responsible for making sure the financial health of a company is taken care of. Financial Managers help to develop plans and strategies to achieve long-term financial goals, analysing financial data to minimise costs, and make sure that any financial transactions are completely legal.
Some of their other duties include:
- keeping an eye on the company’s cash flow
- managing the activities of employees in various departments
- creating financial reports
- making sure that the company’s dealings are legal and comply with all laws.
Ok, so What Exactly do I Learn in a Financial Management Course?
There are many aspects to studying to be a Financial Manager such as learning how to analyse financial data, how to write financial reports, and business communication. Other topics you will cover are:
- Financial Accounting
- Cost and Management Accounting
- Computerised Financial Systems
What Kind of Salary Does a Financial Manager Earn?
At the time of writing this, according to PayScale, on average the yearly salary for a financial manager is about R491 000 but this can vary greatly depending on your level of experience.
I’m too Busy to go to Classes. Can I Study Financial Management Through Distance Learning?
Yes, you can. Many places offer financial management courses through distance learning. Home Study Group offers N4, N5 and N6 courses which will help you receive your National Diploma. There are many other companies that have short courses and longer courses too.
What Kinds of Courses are Available?
There are many different courses you can take. There are short and long courses that you can do from many different providers. Choosing the right provider depends on which course you want and what you hope to get from the course.
Where can I go to Study?
There are colleges all over South Africa like Johannesburg, Pretoria, Durban and Cape Town which you can attend. There are both accredited and non-accredited courses that you can do. With distance learning, you will be able to study no matter where in South Africa you are. Some courses are short courses but there are year-long courses for recognised diplomas that you can also do using distance learning such as the N4 to N6 courses offered by Home Study Group. With Home Study Group you can study wherever you are and in your own time and at your own pace. This means that your job or responsibilities don’t stop you from studying.
You Talk About Accredited and non-accredited Programmes. What’s the Difference and is one Better Than the Other one?
An accredited programme is one that gives you a recognised qualification. A non-accredited one does not. That doesn’t mean one is better than the other. An accredited programme might give you a little bit better chance to find a job or get paid more, but a non-accredited one is not without value. Non-accredited courses might not give you a recognised qualification but they still show employers that you are serious about your own growth and development. They are also cheaper to do than accredited courses, and they normally don’t require you to have a matric certificate. It is up to you to decide if you want to do an accredited or non-accredited course but both of them are a step in the right direction.
Would you Like to Start Studying with Home Study College?
Here’s how you can start studying with us today.
- Fill in the form on the top-right side of this page and we will get back to you shortly.
- Call us toll-free: 0800 39 00 27
- Chat to us on Whatsapp: 082 318 8892
Last updated: November 16, 2018