National Certificate: Banking

SAQA I.D. 61589, NQF 5, 120 Credits

Study National Certificate in Banking

Duration: 12 Months

Subjects: 13

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Programme Overview

Qualification Objectives

Study National Certificate in Banking. This programme is targeted at individuals who wish to pursue a career in the financial sector, with institutions such as commercial banks, consumer lenders, or co-operative financial institutions.  It is also relevant for staff of government departments involved in regulation of the financial sector.

The aim of this programme is to provide participants with a thorough understanding of the role of banks and other financial intermediaries in society, the context within which they operate, and the operating principles and approaches which have become best practice for the sector.  A secondary objective is for learners to develop the technical skills required to succeed in the sector, including communication and sales skills, administration and financial analysis skills.

The National Certificate Banking, ID 61589 (LP 20186), is SAQA registered and is recognised by the Financial Services Board as a qualification suitable for Category 1 financial service providers, including banks, microlenders, and insurance companies. Guarantee Trust has been accredited by BANKSETA to deliver this qualification.

Learning Outcomes

Upon completion, all learners should have mastered at a minimum:

  1. An understanding of the financial sector, role of financial intermediaries, and the primary legislative Acts which regulate the sector.
  2. An understanding of the reasons for saving and investing and the range of savings instruments to meet these needs.
  3. Knowledge of the range of credit instruments and how to customise the terms and conditions to reflect the needs of a borrower.
  4. An ability to analyse a loan application and determine the strengths and weaknesses and financial strength of the applicant, including profitability, solvency, leverage and debt carrying capacity.

A working knowledge of practical aspects of banking, including the requirements for a binding contract and effective sales techniques.

Prerequisites

This qualification is set at Level 5 on the National Qualifications Framework.  Minimum entrance requirements include a Senior Certificate or higher, or any combination of competencies obtained in the Further Education and Training band equivalent to an NQF Level 4 qualification.  Individuals who have a degree in business or commerce or other related field may apply for Recognition of Prior Learning (RPL) to be granted credits for the foundational modules.

Programme Content

The programme is delivered through thirteen modules, as follows:

  • Mathematics of Finance
  • Introduction to Economics
  • Introduction to Accounting
  • Financial Analysis
  • Asset Products: Loans & Facilities
  • Liability Products: Savings & Investments
  • Financial Markets & Institutions
  • Compliance: The Code of Banking Practice; the National Credit Act; FICA
  • General Principles of Credit, Securities and Structuring a Facility
  • Banking Administration: Confidentiality; Natural & Juristic Persons; ETC…
  • Selling of Banking Products
  • Personal Credit Assessments; Principles, Case Studies
  • Business Credit Assessments; Principles, Case Studies

This qualification leads to completion of five unit standards as follows:

Unit Standard I.D. Description Credits = 131
Fundamental 7345  Determine the banking-related financial needs of a business 20
Fundamental 7356  Provide sales related services within the banking sector 15
Elective 7343  Assess and finalise credit application for a corporate, club, association or trust in a banking environment 50
Elective 7346  Assess the viability of a business banking opportunity 30
Elective 7355  Prepare a banking-related business credit proposal for the relevant authority 16
Programme Structure

Each course requires approximately fifteen hours of reading, activities, and tutorials per week.  This means that a full-time student taking two courses at a time will spend approximately 30 hours per week devoted to their studies.

GTIB courses are delivered using a blended model of home based self-study and online learning supplemented by tutorial contact sessions. These sessions take place at the campus of GTIB.

For Full Time Students: The programme is delivered over a ten month period, from February to November. Students complete four courses each semester, two at a time, and attend six hours of tutorials per week.

For Part Time Students: The time for completion will depend on the amount of time the student can devote to studies. Students complete one course at a time, and attend three hours of tutorials per week. A GTIB facilitator will support the student through the learning portal and a help desk is available to respond to student queries or problems.

For Distance learning Students: The time for completion will depend on the amount of time the student can devote to studies. A GTIB facilitator will support the student through the learning portal and a help desk is available to respond to student queries or problems.

On-line Learning Portal

The online learning resources are accessed on the Guarantee Trust site at elearn.guarantee.co.za. After each chapter, learners complete a series of activities to reinforce and test their knowledge, which are submitted on the learning portal. Learners may contact the GTIB Help Line to obtain assistance with any queries or problems.

Learners are encouraged to invest in their own electronic devices; either a laptop or a tablet, to facilitate access to the learning portal.

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Study National Certificate in Banking

Enrol Now

Study National Certificate in Banking

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