Finance for Non-Financial Managers (FOCUSED PACKAGE)

5
8
5 Mar 2020
1 Apr 2020
Purpose of the Programme: 

The purpose of this programme is to equip managers in all economic sectors with the necessary knowledge, skills and attitudes to manage the finances of a unit. These managers would typically be second level managers such as heads of department, section heads or divisional heads, who may have more than one team reporting to them.

Programme Outcomes: 

On completion of this programme learners will be able to:

  • Demonstrating an understanding of the key concepts of managerial finance
  • Interpreting financial statements
  • Drafting financial forecasts
  • Drafting budgets according to operational plans of the unit
  • Supervising the financial management of a unit against given requirements

 

Learning Assumed to be in Place: 

It is assumed that learners entering this programme are competent in:

  1. Communication at NQF Level 4
  2. Mathematical Literacy at NQF Level 4
  3. Computer Literacy at NQF Level 4
Recognition of Prior Learning (RPL): 

RPL against this unit standard is allowed. Application forms are available from our offices.

Methodology: 

Training Programme Duration: 2 Days

Assessment: Portfolio of Evidence will be submitted within three weeks of completing the training. Assessment activities include evaluating all evidence related and produced during the finances management process.

Certification: This includes obtaining endorsement from the SETQAA.

Unit Standard:

  • 252040 – Manage the Finances of a Unit.

NQF Level: 5

Credits: 8

Target Group: 

• Heads of Department

• Section Heads

• Divisional Heads

Benefits: 

• Skilled, knowledgeable and confident managers able to manage risk, knowledge, finances

• Improved competence and motivation of workforce

• Improved opportunities to claim skills grants

Learning Options: 

Blended