Financial Managment

Financial management refers to the efficient and effective management of money (funds) in such a manner as to accomplish the objectives of the organisation. It is the specialized function directly associated with the top management. The significance of this function is not only seen in the Line but also in the capacity of Staff in overall administration of a company. This programme is a National N Diploma

Career Opportunities:

Financial managers’ responsibilities vary according to position. Specific titles include controller, treasurer or finance officer, credit manager, cash manager, and risk and insurance manager. Controllers prepare special reports as required by regulatory authorities and oversee the preparation of financial reports, such as income statements, balance sheets, and analyses of future earnings or expenses, which describe and predict the organisations financial position. In many firms, controllers supervise the accounting, audit, and budget departments.

Specialisation:
Finance managers commonly focus on systems integration, business strategies, e-commerce, technology consulting, and human resources. Candidates for financial management positions need a broad range of skills. You should be a creative thinker and problem-solver. Interpersonal and communication skills are critical, because these jobs involve managing people and fostering teamwork to solve financial problems. You will need to be comfortable with the latest computer technology. And as financial operations are increasingly affected by the global economy, successful managers must have knowledge of international finance.

1) National Certificate (Matric) or its equivalent qualification with a pass in the following subject:

English Language level 3 (40% above)
Mathematics/Mathematical Literacy level 3 (40% above) Economics level 3 (40% above)
Any of the following: Accounting level 3 (40% above) Business Studies level 3 (40% above)

DIRECT ADMISSION INTO:
N5 level: Have successfully passed N4 in the same field of studies
N6 level: Have successfully passed N5 in the same field of studies