What is Finance, Economics, And Accounting (FEA)?
The National Certificate (Finance, Economics, and Accounting) is a program at each of Levels 2, 3, and 4 of the NQF. This program is designed to provide both the theory and practice of Finance, Economics, and Accounting.
The practical component of the study may be offered in a real workplace or in a simulated workplace environment. It will provide students with an opportunity to experience work situations during the period of study.
Finance, Economics, And Accounting (FEA) At Northlink TVET College
What are the minimum entry requirements for the program?
For entry into the National Certificate (Finance, Economics, and Accounting) at NQF Level 2, you require:
- A year-end school report for grade 9, 10, 11, or 12 certificates; or
- An NQF Level 1 qualification; or
- An approved bridging program designed for the specific purpose to access NQF Level 2; or
- A Recognition of Prior Learning (RPL) assessment to meet the basic requirements for access to NQF Level 2.
How long is the qualification?
The National Certificate (Finance, Economics, and Accounting) program is a full-year program at each of the NQF levels of study. A student is issued with a certificate on the successful completion of the study, that is Level 2, Level 3, and Level 4.
Which subjects make up a National Certificate (Finance, Economics, and Accounting)?
In order to obtain a National Certificate (Finance, Economics, and Accounting), a student is required to take a total of 7 subjects. These include 3 fundamental subjects and 4 vocational subjects.
Which are the fundamental subjects?
The 3 fundamental subjects are:
- First additional language – which must be the language of teaching and learning;
- Mathematics or Mathematical Literacy; and
- Life Orientation.
What are the Vocational subjects in Finance, Economics, and Accounting?
The vocational subjects in Finance, Economics, and Accounting include:
- Applied Accounting
- Economics Environment
- Financial Management
- New Venture Creation
What vocational activities would this give you access to?
The holder of the National Certificate (Finance, Economics, and Accounting) will be able to:
- Perform bookkeeping duties
- Keep records of wages, salaries, petty cash, Value Added Tax (VAT), reconciliations
- Prepare financial statements
- Manage budgets, analyze finances of a business, etc.
What career opportunities do I have after completing the National Certificate (Finance, Economics& Accounting)?
The National Certificate (Finance, Economics, and Accounting) provides an opportunity to access careers in any of the sectors listed below:
- Private and Public Accounting
- Banking
- Financial Services
- Insurance Services
- Investment Services
- Bookkeeping