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SAQA All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.
SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED QUALIFICATION THAT HAS PASSED THE END DATE: 

Diploma: Credit 
SAQA QUAL ID QUALIFICATION TITLE
21178  Diploma: Credit 
ORIGINATOR
Damelin 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY NQF SUB-FRAMEWORK
QCTO - Quality Council for Trades and Occupations  OQSF - Occupational Qualifications Sub-framework 
QUALIFICATION TYPE FIELD SUBFIELD
National Diploma  Field 03 - Business, Commerce and Management Studies  Finance, Economics and Accounting 
ABET BAND MINIMUM CREDITS PRE-2009 NQF LEVEL NQF LEVEL QUAL CLASS
Undefined  120  Level 5  Level N/A: Pre-2009 was L5  Regular-Provider-ELOAC 
REGISTRATION STATUS SAQA DECISION NUMBER REGISTRATION START DATE REGISTRATION END DATE
Passed the End Date -
Status was "Reregistered" 		 SAQA 9900/00  2018-07-01  2023-06-30 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2023-06-30   2025-06-30  

In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise.  

This qualification does not replace any other qualification and is not replaced by any other qualification. 

PURPOSE AND RATIONALE OF THE QUALIFICATION 
The purpose of the qualification is to equip learners to make prudent decisions concerning the granting and/or withholding of credit facilities to both private individuals and corporate clients. This will contribute to the learner's employability and marketability both in the formal financial services sector as well as related industries thereby contributing to the economic and social up-skilling of South Africa. 

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
Learners will have completed the Banking certificate or appropriate equivalent that will have provided them with the required literacy and numeracy competence to undertake studies at level 5. 

RECOGNISE PREVIOUS LEARNING? 
N 

EXIT LEVEL OUTCOMES 
Exit-Level Outcome:
  • The learner is able to administer credit within the legislative framework and of company credit policy.

    Specific Outcomes:
  • Analyse, interpret and compare financial options for the business decision-making process using financial techniques and financial mathematics.
  • Demonstrate knowledge of the various types of credit and credit terms.
  • Analyse, organise and critically evaluate all credit application documentation and assess the creditworthiness of an applicant.
  • Analyse and interpret financial statements and balance sheets with the view to grant or withhold credit facilities.
  • Communicate effectively and in a professional manner with clients to ensure that a healthy banker / client relationship is sustained.
  • Demonstrate an understanding of the world as a set of related systems by recognising that credit management is subject to various acts and regulations and the crucial role and place of credit management within the organisation.
  • Demonstrate a broad understanding of taxation and the South African tax system.
  • Understand micro and macro economic principles as well as the policy instruments used by economic authorities to influence economic growth in a developing economy and the impact thereof on the wealth and prosperity of the country and its citizens. 
    		•

    ASSOCIATED ASSESSMENT CRITERIA 
    Integrated Assessment:

    To ensure that all relevant material is effectively integrated, summative assessment integrating the cross-field and specific outcomes needs to be incorporated. Assessors must develop assessment instruments that adhere to the assessment criteria and adequately cover the exit-level outcomes in relation to the purpose of the qualification.

    Assessment Strategy:

    Continuous assessment by means of written assignments, projects tests, case studies, seminars, tutorial exercises will be used to monitor learners' progress and for remedial purposes. 

    ARTICULATION OPTIONS 
    Attainment of this qualification allows the learner access to:
  • Any level 5 diploma offered by the IOB.
  • Any level 6 degree offered by the IOB.
  • BCom qualifications offered by tertiary institutions such as the University of Pretoria and Unisa.
  • A first degree in Banking as offered by Technikons. 
    		•

    MODERATION OPTIONS 
    Internal moderation of learner achievement will be conducted by the IOB. The IOB ETQA will conduct external moderation. Additional moderation will be conducted in accordance with stipulated regulations and moderating bodies as appointed by SAQA. 

    CRITERIA FOR THE REGISTRATION OF ASSESSORS 
    Assessors for this qualification will adhere to the following criteria:
  • Will be subject matter experts in the relevant field of expertise.
  • Will have successfully completed training as assessors.
  • Will comply with any criteria for registration as may be set out and determined by the Institute of Bankers Education and Training Quality Assurance body (IOM ETQA). 
    		•

    REREGISTRATION HISTORY 
    As per the SAQA Board decision/s at that time, this qualification was Reregistered in 2006; 2009; 2012; 2015. 

    NOTES 
    As per the SAQA decision to re-register all provider-based qualifications on the National Qualifications Framework that meet the criteria for re-registration, this qualification has been re-registered from 1 July 2018. N/A 

    LEARNING PROGRAMMES RECORDED AGAINST THIS QUALIFICATION: 
     
    NONE 


    PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS QUALIFICATION: 
    This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here.
     
    NONE 


    All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.