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SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED QUALIFICATION: 

Postgraduate Diploma in Credit Management 
SAQA QUAL ID QUALIFICATION TITLE
109564  Postgraduate Diploma in Credit Management 
ORIGINATOR
Tshwane University of Technology (TUT) 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY NQF SUB-FRAMEWORK
-   HEQSF - Higher Education Qualifications Sub-framework 
QUALIFICATION TYPE FIELD SUBFIELD
Postgraduate Diploma  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 08  Regular-Provider-ELOAC 
REGISTRATION STATUS SAQA DECISION NUMBER REGISTRATION START DATE REGISTRATION END DATE
Reregistered  EXCO 0821/24  2019-05-29  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 Postgraduate Diploma in Credit Management is to provide learners with knowledge, skills and competencies to manage credit departments of various organisations. Qualifying learners will be equipped with applied competence to manage the day-to-day functions of a credit department such as credit assessments, credit granting, credit policy formulation and other general functions.

The qualification further prepares learners s to evaluate the overall performance of a credit department and set strategic goals to ensure higher levels of loss prevention and debt recovery.

The relevant use of technology and the outcomes related to entrepreneurial skills have been integrated in the qualification. The research module included in this qualification provide learners with an opportunity to pursue further learning in the field of credit management, and to promote innovation, engagement and social enterprise.

Rationale:
This qualification seeks to create a coherent pathway for learners wishing to pursue a vocational and/or academic career in the discipline of Credit Management. The qualification is imperative for articulation purposes as it prepare learners for a Master's Degree in a related field. It also equips learners with advanced management skills in the credit environment that assist them to be more competent and ready for any position within the credit department of any organisation. The acquired skills from this qualification will be very crucial to the economy of the country and increase social justice in connection with responsible credit management.

Relevant stakeholders, including academic peers from outside the institution and employers represented on Advisory Committee, were involved in the development of the qualification. 

LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
Recognition of Prior Learning (RPL):
This qualification may be achieved in part through the recognition of relevant prior learning which includes formal, informal and non-formal learning and through prior experience as a practitioner in the field of business administration. If the learner is able to demonstrate competence in the knowledge, skills, values and attitudes implicit in this qualification the appropriate credits will be assigned to the learner and access to the qualification will be confirmed.

Entry Requirements:
The minimum entry requirement is:
  • An Advanced Diploma in Credit Management, Level 7.
    Or
  • An equivalent qualification, Level 7. 
    		•

    RECOGNISE PREVIOUS LEARNING? 
    Y 

    QUALIFICATION RULES 
    This qualification consists of compulsory modules at Level 8, totalling 120 Credits:

    Compulsory Modules:
  • Credit Management V, 30, Credits.
  • Management Practice V, 30, Credits.
  • Change Management V, 30, Credits.
  • Advanced Research Methodology, 30, Credits. 
    		•

    EXIT LEVEL OUTCOMES 
    1. Evaluate credit management processes and techniques.
    2. Evaluate the impact of management practices within a credit management environment.
    3. Manage organisational change within a credit management environment.
    4. Use a range of specialised skills to identify, analyse and address complex or abstract problems drawing systematically on the body of knowledge and methods appropriate to the field and practices of credit management. 

    ASSOCIATED ASSESSMENT CRITERIA 
    Associated Assessment Criteria for Exit Level Outcome 1:
  • The financial effects of credit management are analysed.
  • Risk in trade credit, credit ratings and risk categories are assessed.
  • The benefits of using different insurance companies are analysed for domestic and export markets.
  • The impact of exchange rates on credit is evaluated.

    Associated Assessment Criteria Exit Level Outcome 2:
  • The different approaches of managing enterprises are analysed.
  • Different leadership styles applicable to the credit management environment are critically analysed.
  • Management functions of a credit department are evaluated.

    Associated Assessment Criteria for Exit Level Outcome 3:
  • The different approaches and theories of organisational development are analysed.
  • Factors that causes resistance to change are.
  • The transition process is evaluated within the context of management.

    Associated Assessment Criteria for Exit Level Outcomes 4:
  • A research proposal is developed.
  • A research report that meets ethical standards is produced.

    Integrated Assessment:
    Formative assessment strategies are continuous and aimed at giving learners feedback on their progress in the achievement of learning outcomes as well as to integrate theoretical and practical competence. For the Postgraduate Diploma in Credit Management formative assessment strategies include assignments, discussions, case studies and informal tests. Some of the criteria may be assessed through observation of the learners during classes.

    Summative assessment strategies are aimed at judgement of the learning in relation to the Exit Level Outcomes of the qualification. Such strategies include examinations, reports, projects or equivalent such as a portfolio of evidence which is representative of a selection of the outcomes.

    The outcomes of the formal assignments will contribute to a cumulative class mark as per pre-arrangement with the learners. In the formal assignments, and in the respective examinations learners will have to demonstrate the ability to communicate and integrate knowledge of the key issues, highlighted in the respective modules, and identify and resolve typical problems in the subfields as indicated. This will require critical and creative thinking as well as the ability to make practical applications of the learning outcomes as indicated in the module descriptors. 
    		•

    INTERNATIONAL COMPARABILITY 
    The module content, the degree of complexity, outcomes and purpose of the Postgraduate Diploma in Credit Management was compared and found to be in line with the following qualifications:

    1. Professional Postgraduate Diploma in Banking Credit and Risk Management:
    The American University in Cairo

    Overview:
    Part 1: Foundation Courses:
  • Introduction to Finance and Accounting.

    This course enables learners to understand and read financial statements as an introduction to financial analysis for performance measurement and investment analysis purposes.
  • Economic/Industry Analysis:
    Learners are able to identify the economic and industrial aspects that affect the performance of the firm under analysis.
  • Financial Statement and Ratio Analysis:
    Learners are able to analyse financial ratios and perform cross sectional, trend and time series analysis. They are encouraged to think in a new and more creative way when analysing or forecasting financial information and solving business problems.
  • Lending Rationales: Asset Conversion and Asset:
    Learners are introduced to the fundamentals of banking credit management and assessing the feasibility of making successful loans. They are able to define asset conversion and asset protection loans, and differentiate them from cash flow loans. Learners are able to identify and define the asset conversion cycle of a firm and evaluate the asset conversion risk.
  • Cash Flow Mechanics/Projection Assumptions:
    This course is designed to equip learners with advanced tools in project evaluation and cash flow analysis. Moreover, the course familiarises learners with a project cash flow (initial, operating and terminal) and how to calculate it, with an emphasis on sales forecast and cash flow mechanics.
  • Trade Finance:
    Learners learn about different finance tools. They determine how to assess risks (for all involved parties) existing in trade finance tools and propose the best business solutions.
  • Credit Structuring and Problem Loans:
    This course focuses on how to monitor existing loans to identify problems early enough to preserve the broadest range of options to prevent loss.
  • Legal Aspects of Credit:
    The course covers the legal aspects pertaining to credit management and handling problem loans within the Egyptian environment.
  • Graduation Project:
    Learners submit a project at the end of the program in which they apply all of the knowledge gained in the program.

    Part 2: Specialisation Courses:
  • Project Finance and Syndication:
    This focused course provides the knowledge and tools to make better choices at the providing or receiving end of project funding. Course learners gain a new understanding as to how to approach, manage, arrange and negotiate a successful project finance package from inception to realisation.
  • Risk Management:
    This course is designed to introduce and discuss various risk management concepts, tools and techniques in a global context under the umbrella of Basel II. The course emphasizes the design and implementation of risk management practices.
  • Financing and Evaluating SME'S:
    This course introduces the main concepts related to small and medium-sized enterprises and their distinctive nature. It explains how to evaluate the potential of such companies and assess the proficiency of their business plans, as well as their financing needs. Learners learn how to tailor banking services to meet those needs. The course utilizes practical cases to provide a deeper understanding of the subject.

    2. Bachelor of Arts (BA) Hons in Credit Management-Chartered Institute of Credit Management United Kingdom (UK) Overview:
    The BA (Hons) in Credit Management is the Chartered Institute of Credit Management's Graduate qualification. The University of West London Ealing, runs the only part-time BA(Hons) top-up Degree course in credit management which is dedicated to providing a Degree, accredited by the CICM, for credit professionals.

    The two qualifications are suitable for senior positions in credit and collections; money and debt advices. They are both offered for credit and collections management at strategic/managerial level. The purpose of Postgraduate Diploma (PGDip) in Credit Management is to provide competencies to manage credit departments and to prepare students to evaluate overall performance of credit functions and departments. The comparability and benchmarking with these 2 qualifications was thus relevant and consistent. 
    		•

    ARTICULATION OPTIONS 
    This qualification allows for both horizontal and vertical articulation.

    Horizontal Articulation:
  • Bachelor of Commerce Honours, Level 8.

    Vertical Articulation:
  • Master of Business Administration, Level 9.
  • Master of Management Sciences in Entrepreneurship, Level 9. 
    		•

    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.