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SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED QUALIFICATION: 

Higher Certificate in Business Management in Risk Management 
SAQA QUAL ID QUALIFICATION TITLE
102424  Higher Certificate in Business Management in Risk Management 
ORIGINATOR
University of Johannesburg 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY NQF SUB-FRAMEWORK
-   HEQSF - Higher Education Qualifications Sub-framework 
QUALIFICATION TYPE FIELD SUBFIELD
Higher Certificate  Field 03 - Business, Commerce and Management Studies  Generic Management 
ABET BAND MINIMUM CREDITS PRE-2009 NQF LEVEL NQF LEVEL QUAL CLASS
Undefined  120  Not Applicable  NQF Level 05  Regular-Provider-ELOAC 
REGISTRATION STATUS SAQA DECISION NUMBER REGISTRATION START DATE REGISTRATION END DATE
Reregistered  EXCO 0821/24  2021-07-01  2027-06-30 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2028-06-30   2031-06-30  

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 
Purpose:
The purpose of the Higher Certificate in Risk Management is to introduce students in the workplace with general business management theories and introductory management competencies to enable them in assisting management in managing risk within the organisations or business or department.

Rationale:
This qualification is a career orientated qualification particularly associated with just in time and enough to meet the specified needs of the industry. The qualification facilitates access to learning in a manageable manner in terms of cost, time, energy and resources, both for the employer and employee. The qualification target specific adult learners to upgrade skills and knowledge in the workplace context. 

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
Recognition of Prior Learning (RPL):
Recognition of Prior Learning in the case of learners not complying with the formal entry requirements will be conducted following the policy and guidelines of the institution concerning the recognition of other forms of formal, informal and non-formal learning and experience. Recognition takes place only where prior learning corresponds to the required National Qualifications Framework(NQF)-level, and in terms of applied competencies relevant to the content and outcomes of the qualification. Through Recognition of Prior Learning students may gain access, or advanced placement, or status recognition on the condition that they continue their studies at this institution.

Entry Requirements:
The minimum requirement is:
  • National Senior Certificate National Qualifications Framework(NQF) Level 4. 
    		•

    RECOGNISE PREVIOUS LEARNING? 
    Y 

    QUALIFICATION RULES 
    This qualification comprises of compulsory modules at National Qualifications Framework(NQF) Level 5 totalling 120 Credits:
  • Financial Risk, 12 Credits.
  • Human Resource Management, 12 Credits.
  • Strategic Management, 12 Credits.
  • Environment of Business,12 Credits.
  • Project Management, 12 Credits.
  • Accounting Aspects, 12 Credits.
  • Risk Management, 12 Credits.
  • Operational Risk ,12 Credits.
  • Corporate Governance Compliance Management and Legal Risk, 12 Credits.
  • Business Writing and Communication, 12 Credits. 
    		•

    EXIT LEVEL OUTCOMES 
    1. Describe, explain and illustrate managerial theories applicable in the specific business environment.
    1. Describe strategic management concepts and analyse the business environment.
    2. Provide an overview of motivational theories and the management of conflict in the workplace.
    3. Communicate and write reports in a business environment.
    4. Illustrate basic management accounting principles.
    5. Describe, explain and illustrate risk management concepts in the business environment.
    6. Relate corporate governance, compliance and legal risk to organisational activities.
    7. Explain the various financial instruments that an organisation can use to spread its investment risk.
    8. Use basic project management tool and techniques.
    9. Identify and analyse the uncertainties surrounding organisational operational activities. 

    ASSOCIATED ASSESSMENT CRITERIA 
    The Associated Assessment Criteria will be applied in an integrated manner across the Exit Level Outcomes:
  • Explain managerial theories that can be applied in a specific business environment.
  • Discuss basic accounting principles.
  • Report on strategic management concepts that a business can use in evaluating their business environment.
  • List the motivational theories and the management of conflict in the workplace.
  • Apply communication and writing skills in a business environment.
  • Discuss internationally accepted risk management terminology and risk management.
  • Frame-work in the work context.
  • Review corporate governance, compliance and legal risk within the work environment. 9. Review basic financial risk management concepts in the work context.
  • Apply basic risk management concepts to assist management in the management of business operations.
  • Use basic project management tools and techniques to achieve project deliverables.

    Integrated Assessment:
    The curriculum is coherently aligned in that all teaching, learning and assessment activities are linked to module outcomes and qualification outcomes. Assessment methods are varied and include a summative and formative assessment to enhance applied competence from students and facilitate authentic assessment and learning. Assessment will not only be used to determine whether outcomes were achieved but also to generate data for grading and provide feedback in order to improve the curriculum. Assessment methods used to test the knowledge of the learners are using a written individual assignment as well as a closed book examination. Each of these assessments counts 50% towards the final mark, with a sub-minimum of 40% to be obtained in each assessment. 
    		•

    INTERNATIONAL COMPARABILITY 
    Internationally, most universities do not offer the Higher Certificate as a qualification type at the undergraduate level. The Diploma is an example of an equivalent undergraduate qualification of one-year duration. The Higher Certificate in Business Management in Risk Management offered by the institution is similar to the Diploma in Business Management offered by the London School of Planning and Management in London, about the structure, content of the modules and the total credits for the qualification. The Higher Certificate in Business Management in Risk Management offered by the institution is similar to the Diploma of Leadership and Management offered by Unity College in Australia about the contents of the range of modules. The qualifications differ concerning the range of electives offered by Unity College, whereas the qualification offered by the institution does not include elective modules. 

    ARTICULATION OPTIONS 
    This qualification allows for vertical and horizontal articulation:
    Vertical Articulation:
  • Advanced Certificate in Management in Risk Management, Level 6.

    Horizontal Articulation:
  • Higher Certificate in Business Management in Project Management, Level 5. 
    		•

    MODERATION OPTIONS 
    N/A 

    CRITERIA FOR THE REGISTRATION OF ASSESSORS 
    N/A 

    NOTES 
    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.