SAQA Qualification ID: 48965| NQF Level 6 | 166 Credits | Modules 9

Course outline
The purpose of the qualification is to enable qualifying learners to apply strategic level financial management competencies to ensure effective, efficient, and economical utilisation of public funds and resources at local government level. Learners will develop competencies to manage strategic planning and budgeting processes, financial management processes and internal control, auditing and reporting processes. Individual learners will benefit through enhancing their personal competencies, knowledge, and skills to be able to complete tasks required in their employment contracts and by legislation.

Business and commerce will benefit through this qualification as it will assure commonality of practice between public and private sector financial management practices.

Social and economic transformation is a core responsibility of local government. Through increasing the financial management capacity of government office bearers and employees the social and economic programmes of government will be implemented effectively, efficiently, and economically.

• Communication at NQF Level 4
• Mathematical Literacy at NQF Level 4
• Economics at NQF Level 4
• Accounting at NQF Level 4

• Demonstrate knowledge and critical understanding of municipal finance issues in general, and their areas of focus.
• Apply economic principles to municipal finance management.
• Assess foundations and principles of municipal practice in South Africa.
• Implement well-grounded and systematically developed principles in municipal financial management.
• Proffer solutions to municipal service management and delivery problems.
• Engage with the broader field of municipal finance management.
• Support as a strategic management leader in the field of municipal finance management.
• Contribute to others’ understanding of current and emerging municipal finance issues.
• Demonstrate responsibility and adaptability as a professional in a municipality setting

12 Months – 1 Year  

1. 1. Use basic Mathematics to fulfil new venture functions effectively.
   2. Apply basic Communication skills in new venture creation context.
   3. Determine market requirements and manage the relevant marketing and selling processes.
   4. Demonstrate an understanding of the sector/industry in which the business operates.
   5. Determine financial requirements and manage financial resources of a new venture.
   6. Manage business operations

Available on request.

Our Certificate: Municipal Financial Management  is available in a variety of formats to best match your needs

In-House training: We bring the training to your location. Available with customized features created to meet your requirements.

Virtual Training: Delivered totally online, our virtual sessions are designed to keep participants engaged through relevant training, activities for practice, and ongoing reinforcement.

The qualification serves to provide the opportunity for new and existing public sector employees to gain financial management competencies. 

Target groups

• Executive mayor
• Executive councillors
• Councillors
• Municipal managers
• Chief financial officer
• Department managers
• Strategic managers
• Managers of municipal entities