The purpose of the qualification is to enable qualifying learners to apply strategic level financial management competencies to ensure effective, efficient and economical utilisation of public funds and resources at local government level. New and existing public sector employees will be able to gain financial management competencies.
Learners will develop competencies to manage strategic planning and budgeting processes, financial management processes and internal control, auditing and reporting processes. Individual learners will benefit through enhancing their personal competencies, knowledge and skills to be able to complete tasks required in their employment contracts and by legislation.
Social and economic transformation is a core responsibility of local government. Business and commerce will benefit through this qualification as it will assure commonality of practice between public and private sector financial management practices.
The qualification serves to provide the opportunity for new and existing public sector employees to gain financial management competencies. In this light it serves to allow access to management positions for groupings previously excluded from such positions. Through providing financial management competencies South Africa's democracy can be strengthened, through strengthening the ability of local government to deliver. Delivery of services, and most importantly of basic services will contribute to the social and economic development of the country.
As individuals’ competencies improve, the quality as well as the effectiveness and efficiency of local government will improve. Managers with competencies in financial management will assure that all processes of budgeting, financial management, internal control, auditing and reporting meet the conditions of relevant legislation and in this way are accountable to the public.
Based on the parameters created by the Constitution a range of legislation has been promulgated to legislate the manner in which local government will manage public funds. The learning outcomes contained in this qualification are based on the competencies required to contribute to the decision-making and management of public funds.
Qualifying learners could follow a career within the Public Sector's:
- Financial Services.
- Project/Public Entity Management.
Why study with us?
We provide high quality academic trainings that will enable you to get qualified in your chosen field; you will also be provided with a solid foundation to help you build your career or business. We’ll help you achieve your ambitions no matter how big they are and at the same time open your mind to possibilities you didn’t even know existed. Our standards are very high yet, we are easily accessible and affordable to everyone irrespective of their socio-economic background.
- Grade 12 – Matric,
- A senior certificate or
- National Certificate (N3) or a relevant Nated equivalent qualification
- International students with Senior School Certificate can apply.
Exit level outcomes
The learning outcomes are combined in 3 broad areas of competence; -
- Strategic planning and budget related competencies;
- Financial management competencies and
- Internal control, auditing and reporting competencies.
This programme requires that the student undertakes an internship for a minimum of 12 months in relevant industry after completing the in-class academic study. There is an opportunity for job placement assistance through our industry network after graduating depending on availability.
On completion of the program, student will receive a certificate for each level completed and subsequently a Diploma in Municipal Finance and Administration . Certificates and Diplomas are awarded by the Public Service Sector Education and Training Authority (PSETA).
Program Accreditation Information
LGSETA – Public Service Sector Education and Training Authority Authority
Department of Higher Education and Training accreditation No: 2019/FE07/011
Duration, Study Mode & Intake Dates
- Study Duration: 24 months
- Admission dates: Throughout the year
Online & Part Time
- Duration: 24 – 36 months
- Admission dates: Throughout the year
• Administrative services manager
• City manager
• Public administration consultants
• Public finance manager
• Budget analyst
• General operations manager
• Utilities services manager
Related Industry Salary for graduates of Municipal Finance and Administration