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SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED QUALIFICATION: 

Advanced Certificate in Business Management in Risk Management 
SAQA QUAL ID QUALIFICATION TITLE
102423  Advanced 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
Advanced 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 06  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 Advanced Certificate in Risk Management is to equip the learners with intermediate business management theories and risk management competencies to supplement their practical experience in the workplace to enable them to act in a supervisory and managerial capacity.

Rationale:
The customisation of short learning of this qualification to industry is one of the most dynamic features of the institution. Career orientated learning qualifications are particularly associated with just in time and just enough learning to meet the specified needs of industry. Short Career orientated learning qualifications facilitate access to learning in a manageable manner in terms of cost, time, energy and resources, both for the employer and employee. These short learning qualifications target specific adult learners to upgrade skills and knowledge in the workplace context and are subject to the institution quality assurance processes. 

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 in accordance with the policy and guidelines of the University 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 advance placement, or status recognition on the condition that they continue their studies at this University.

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

RECOGNISE PREVIOUS LEARNING? 
N 

QUALIFICATION RULES 
This qualification comprises of compulsory modules at National Qualifications Framework (NQF) Level 6 totalling 120 Credits.

Compulsory Modules, Level 6, 120 Credits:
  • International Management Issues, 12 Credits.
  • Management Accounting, 12 Credits.
  • Business Continuity Processes, 12 Credits.
  • Economic Principles, 12 Credits.
  • Strategy Implementation, 12 Credits.
  • Change Management, 12 Credits.
  • Risk Financing, 12 Credits.
  • Managing Risk Management, 12 Credits.
  • Risk Identification and Assessment, 12 Credits.
  • Introduction to Analytical Techniques, 12 Credits. 
    		•

    EXIT LEVEL OUTCOMES 
    1. Analyse an organisation, identify their strategic objectives and recommend a strategy to achieve these objectives.
    2. Explain basic economic principles.
    3. Relate change management principles and theories to effect change within the organisation.
    4. Apply international management principles in establishing and manage a global business mind set within international organisations.
    5. Use management accounting principles to develop an operational budget and controlling the budget.
    6. Use analytical techniques to interpret and solve basic business data.
    7. Apply internationally accepted risk assessment techniques to identify and analyse organisational risk.
    8. Illustrate the application of risk management tools in managing risk in the organisation.
    9. Use limited variance models to finance risk in an organisation.
    10. Apply basic business continuity management principles to develop a business continuity plan. 

    ASSOCIATED ASSESSMENT CRITERIA 
  • Analyse an organisation and recommend a strategy to achieve the organisational goals.
  • Explain basic economic principles.
  • Apply change management principles and theories to effect change within the organisation.
  • Apply international management principles in establishing and manage a global business mind set within international organisations.
  • Use management accounting principles to develop an operational budget and controlling the budget.
  • Use analytical techniques to interpret and solve basic business data.
  • Apply internationally accepted risk assessment techniques to identify and analyse organisational risk.
  • Illustrate the application of risk management tools in managing risk in the organisation.
  • Use limited variance models to finance risk in an organisation.
  • Apply basic business continuity management principles to develop a business continuity plan.

    Integrated Assessment:
    The qualification is coherently aligned in that all teaching, learning and assessment activities are linked to module and qualification outcomes. Assessment methods are varied and includes summative and formative assessment to enhance applied competence from learners 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. For all the assessment purposes to be achieved, written individual assignment as well as a closed book examination will be utilised. 
    		•

    INTERNATIONAL COMPARABILITY 
    Internationally, most universities do not offer the Advanced Certificate as a qualification type at undergraduate level. The Diploma is an example of a comparable undergraduate qualification of one-year duration. The Advanced Certificate in Business Management in Risk Management offered by the University of Johannesburg is comparable with the Diploma in Business Management offered by the London School of Planning and Management as well as the Diploma of Leadership and Management offered by Unity College in Australia. The comparable curriculum for each of the institutions is outlined below.

    London School of Planning & Management, Diploma in Business Management:
    Rules of combination:
    Level 6 comprises 6 mandatory units, a total of 120 Credits (20 Credits for each unit).

    Comparable Modules:
  • Leadership and Organisational Behaviour.
  • Business Project.
  • Operations Management.
  • Financial Decision Making.
  • Sustainable Business Practices.
  • Strategic Human Resource Management.

    Unity College, Australia, Diploma of Leadership and Management:
    Comprises 12 units - 4 Core units and 8 Electives which cover a range of communication and management areas.
    Core units:
  • Develop and use emotional intelligence.
  • Manage operational plan.
  • Lead and manage team effectiveness.
  • Lead and manage effective workplace relationships.

    Electives:
  • Facilitate continuous improvement.
  • Communicate with influence.
  • Manage people performance.
  • Undertake project work.
  • Ensure a safe workplace.
  • Manage meetings.
  • Manage risk.
  • Manage personal work priorities and professional development.
  • Interpret market trends and developments.
  • Build international Business Networks. 
    		•

    ARTICULATION OPTIONS 
    This qualification allows for both horizontal and vertical articulation options:
    Horizontal Articulation:
  • Advanced Certificate in Business Management, Level 6.

    Vertical Articulation:
  • Bachelor of Business Administration, Level 7. 
    		•

    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.