Advanced Certificate in Banking Services
Business, Commerce and Management Studies - Finance Economics and Accounting
Purpose and Rationale
Qualification in Banking Services
Purpose:
- This qualification in Banking Services is at NQF Level 6 and is designed to equip learners with the knowledge and skills to operate professionally in a more senior role in an organisation that promotes banking services.
- Suitable for individuals who have completed a Higher Certificate: Banking Services or equivalent qualification, as well as employed individuals looking to enhance, develop, or formalize their skills and knowledge in banking services.
- Designed to produce individuals capable of working in various functions within a banking services environment.
- Aligned with the requirements of the Higher Education Qualifications Sub-Framework (HEQSF) to provide vocational or industry-oriented training, preparing learners for further studies and application of knowledge in the workplace.
- Qualifying learners will demonstrate an understanding of banking and business law, banking management, professionalism in a selected discipline within the banking sector, as well as knowledge of ethics and risk management in financial services.
Rationale:
- Addresses the current demands of the banking industry and is intended for learners seeking or already in senior roles in organizations promoting banking services.
- Builds on the foundation of a Higher Certificate: Banking Services (or similar qualification) at NQF Level 5, providing a pathway for specialization and advancement within the banking services environment.
- Interviews with banking employers and research on bank growth strategies and required skills were conducted to ensure alignment with industry needs.
Outcomes
- Demonstrate an understanding of banking and business law and apply the applicable law in a banking services environment.
- Demonstrate an understanding of banking management.
- Demonstrate knowledge and insight into ethics and risk management within the financial services industry.
- Apply knowledge and skill to operate professionally in a selected discipline within the banking services sector. Critical Cross-Field Outcomes: Qualifying learners will be required to demonstrate competence in the following Critical Cross-Field Outcomes: Identify, systematically examine, critically evaluates and solves problems in which responses display that responsible decisions have been made, using critical and creative thinking. Organise and manage oneself and one's activities responsibly and effectively. Collect, analyse, organises and critically evaluates information. Demonstrate an understanding of the world as a set of related systems by recognising that problem solving contexts do not exist in isolation. Self-manage skills development from the range of experiences and learning opportunities available. Transfer skills and continuous learning to organisational setting.
Assessment Criteria
Associated Assessment Criteria for Exit Level Outcome 1:
- Identify and apply relevant legislation to make compliant decisions in the work environment.
- Manage own operations within the parameters set by relevant legislation.
Associated Assessment Criteria for Exit Level Outcome 2:
- Explain the purpose and relationship between different role players and influencing factors in the financial system.
- Demonstrate knowledge of different tasks when managing a banking organisation.
- Describe selected special aspects of banking management at an introductory level.
Associated Assessment Criteria for Exit Level Outcome 3:
- Display knowledge of the ethical debate in the financial services industry and appropriate behaviour.
- Demonstrate knowledge of risk management in a financial services organisation and how to operate efficiently in relation to it.
Associated Assessment Criteria for Exit Level Outcome 4:
- Apply specialised knowledge of a particular field in banking services on a senior level to solve problems, find solutions, and select products to service clients.
- Display knowledge of the role that a particular field in banking services plays in the bigger context of the organisation.
Integrated Assessment:
- Ensure credibility in assessment through clear and rigorous procedures and practices.
- Control procedures and practices by the principles of fairness, validity, reliability, and practicability.
- Provide accurate information about the learner's performance against the assessment criteria.
- Utilize integrated assessment extensively across the qualification, particularly in case studies.
- Conduct formative assessment through case studies, assignments, including the writing of proposals and financial plans.
- Conduct summative assessments at the end of each constituent module of the qualification.
Qualification Details
- Type
- Advanced Certificate
- NQF Level
- 06
- Min. Credits
- 120
- SAQA Source
- More Information
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This page includes information from the South African Qualifications Authority (SAQA) . Builtneat Pty Ltd trading as Study Start, has modified all or some of this information. SAQA has not approved, endorsed, or tested these modifications.