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: 

Certificate: Banking 
SAQA QUAL ID QUALIFICATION TITLE
21164  Certificate: Banking 
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 Certificate  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 TBA: Pre-2009 was L5  Regular-Provider-ELOAC 
REGISTRATION STATUS SAQA DECISION NUMBER REGISTRATION START DATE REGISTRATION END DATE
Reregistered  SAQA 06120/18  2018-07-01  2023-06-30 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2024-06-30   2027-06-30  

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 primary purpose of the qualification is to provide the qualifying learners with a competency to understand and apply the basic principles of the operations of the financial system within the domestic economy.

This will contribute to the learner's employability and marketability as a professional, 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 an FET certificate at NQF level 4 or appropriate equivalent that will have provided them with the required literacy and numeracy competence to undertake studies at level 5. 

RECOGNISE PREVIOUS LEARNING? 

EXIT LEVEL OUTCOMES 
Exit Level Outcomes:
  • The learner will have a basic understanding of the principles of financial systems, accounting, law and communication.


    Specific Outcomes:
  • Read, comprehend and write effective, professional documents, correspondence and reports that deal appropriately with a variety of communication activities and demonstrate appropriate verbal and written communication skills.
  • Demonstrate an understanding and application of the fundamental principles of the various accounting processes.
  • Demonstrate an understanding of the economic and legislative framework within banks operate and which have an influence on the manner in which a bank conducts its business.
  • Demonstrate an understanding of the theory and practice of the South African banking system and the relationship between a banker and client. 

  • ASSOCIATED ASSESSMENT CRITERIA 
    Exit level assessment criteria:

    The learner will be able to:
    Demonstrate an understanding of the domestic banking system and the interdependency of the various role-players and components that make up the banking system



    Specific Assessment Criteria:
  • Is able to solve problems in basic accounting by critical evaluation of well-defined and abstract problems.
  • Can analyse, evaluate and reformat a wide range of information.
  • Knows and understands the basic economic, legal management and accounting concepts and principles.
  • Can identify social-economic phenomena, issues and problems / opportunities.
  • Has knowledge of and understands commercial disciplines, can use elementary tools and techniques of economic and financial analysis.
  • Can relate to and explain the socio-economic problems of the country.

    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. 

  • 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 
    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.