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SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED QUALIFICATION: 

Postgraduate Diploma in Banking 
SAQA QUAL ID QUALIFICATION TITLE
93608  Postgraduate Diploma in Banking 
ORIGINATOR
Milpark Education (Pty) Ltd 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY NQF SUB-FRAMEWORK
CHE - Council on Higher Education  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
Registered-data under construction  EXCO 0324/24  2024-07-01  2027-06-30 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2028-06-30   2031-06-30  

Registered-data under construction

The qualification content is currently being updated for the qualifications with the status “Registered-data under construction” or showing “DETAILS UNDER CONSTRUCTION” to ensure compliance with SAQA’S Policy and Criteria for the registration of qualifications and part-qualifications on the National Qualifications Framework (NQF) (As amended, 2022). These qualifications are re-registered until 30 June 2027 and can legitimately be offered by the institutions to which they are registered.

 

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.  

PURPOSE AND RATIONALE OF THE QUALIFICATION 
Purpose:
This qualification is designed to equip the learner with the skills necessary to function in a strategic management position in the banking sector. The qualification would be suitable for a Bachelor of Commerce or similar Bachelor Degree graduate.

This qualification allows learners to develop an understanding of generic banking issues at a strategic level, and also to specialise in certain technical areas or departmental areas of the bank. Learners who have achieved this qualification will demonstrate competence in a wide range of banking related aspects. The qualification will enable learners to establish themselves as credible participants in their field, and open doors to advance to even more senior positions within the banking sector.

The qualifying learner will be able to:
  • Analyse and apply knowledge of the concepts and the implementation of bank risk management.
  • Conduct basic research using research methods in business and write and present a mini-thesis or an article.
  • Apply global banking regulations and ethical behaviour in the financial services industry.
  • Demonstrate knowledge of the key issues in international bank management and strategy.
  • Apply the different concepts applicable to specialised areas in the bank.

    Rationale:
    The qualification provides for specific competence in the banking sector at a Postgraduate level. Currently, many Bachelor of Commerce graduates enter into the banking sector with little knowledge of banking.

    The typical learner identified to benefit from this qualification will be an individual who is either currently working or aspires to work in the banking sector. This qualification will add value to the sector by recognising the broad range of expertise required to be successful in this field, and will be of benefit to new potential employees in the banking industry. 
    		•

    LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    Recognition of Prior Learning (RPL):
    Mature age applicants and applicants with non-South African school-leaving qualifications or previous tertiary education experience, may be considered for admission. However, Recognition of Prior Learning assessment will be considered only on condition that it is assessed as part of the institutional RPL policy.

    Entry Requirements:
    The minimum admission requirement is an undergraduate Degree or an equivalent qualification. 

    RECOGNISE PREVIOUS LEARNING? 
    Y 

    QUALIFICATION RULES 
    This qualification consists of six modules at NQF Level 8, totalling 120 Credits.

    Compulsory Modules:
  • International Bank Management and Strategy, 20 Credits.
  • Bank Risk Management, 20 Credits.
  • Bank Regulation and Ethics, 20 Credits.
  • Research in Banking, 20 Credits.

    Total: 80 Credits.

    Optional Modules:
    Modules from both Option A and Option B must be selected:

    Option A (choose one):
  • Retail and Private Banking, 20 Credits.
    Or
  • Corporate and Business Banking, 20 Credits.

    Option B (choose one):
  • Credit Portfolio and Risk Management, 20 Credits.
    Or
  • Investment Management, 20 Credits.

    Total: 40 Credits. 
    		•

    EXIT LEVEL OUTCOMES 
    1. Analyse and apply knowledge of the concepts and the implementation of bank risk management.
    2. Conduct basic research in banking business, and write and present a mini-dissertation or an article on the topic chosen.
    3. Apply global banking regulations and ethical behaviour in the financial services industry.
    4. Discuss the key issues in international bank management and strategy.
    5. Apply the different concepts applicable to specialised areas in own bank environment. 

    ASSOCIATED ASSESSMENT CRITERIA 
    Associated Assessment Criteria for Exit Level Outcome 1:
  • Relevant concepts are identified and applied in the specific work context.
  • Relevant strategies are implemented.

    Associated Assessment Criteria for Exit Level Outcome 2:
  • Knowledge of the different issues is used in applying various research methods.
  • Selected special topics of banking that relate to the work environment are researched, written up and presented.

    Associated Assessment Criteria for Exit Level Outcome 3:
  • Knowledge of the concepts and effects of global banking regulations is applied in the relevant work environment.
  • Ethical debates in the financial services industry are discussed and of the appropriate behaviour related thereto is analysed.

    Associated Assessment Criteria for Exit Level Outcome 4:
  • Various bank management and strategy topics and how they are applied globally are laid out and relevant solutions to specific problems are presented.

    Associated Assessment Criteria for Exit Level Outcome 5:
  • Knowledge of a specialised area in banking is applied on a strategic level to solve problems, find solutions and manage business segments.
  • The role that the specialised area plays in the bigger context of the organisation is discussed.

    Integrated Assessment:
    The quality of the assessment is vital in order to provide credible certification and recognition of achievement. The institution makes every effort to ensure credibility in assessment through the application of clear and rigorous procedures and practices. These procedures and practices are controlled by the principles of fairness, validity, reliability and practicability. By implementing these principles, all parties concerned (including learners, employers and learning institutions) may be assured of the credibility of the assessment process. It is in this way that accurate information about the learner's performance against the assessment criteria may be provided.

    Integrated Assessment is used extensively across the qualification, particularly in the case studies. Formative assessment takes place through case studies, assignments, including the writing of proposals and financial plans. Summative assessments are integrated into the learning in that they take place at the end of each of the constituent modules of the qualification. 
    		•

    INTERNATIONAL COMPARABILITY 
    This qualification is comparable with the following international qualifications in terms of the module competencies the learner is to master and the duration (one year).

    The University of London in the United Kingdom (UK) offers a Postgraduate Diploma in Banking which requires at least three years' relevant work experience as well as a recognised UK Bachelor's Degree, or international equivalent, in economics, business administration, accounting or related discipline. It comprises the following modules (choose 4):
  • Bank Financial Management.
  • Financial Law.
  • Risk Management: Principles and Applications.
  • Corporate Finance.
  • Law and Regulation of Electronic Finance and Internet Banking.
  • Macroeconomic Policy and Financial Markets.
  • Bank Regulation and Resolution of Banking Crises.

    Massey University of New Zealand offers a Postgraduate Diploma in Banking which is for:
  • Graduates with a degree in Business/Commerce/Economics.
  • Graduates of other disciplines with either two or more years of banking experience. Learners entering the qualification under this criteria will be required to complete a paper or an approved alternative elective paper, or have completed adequate studies in Finance at an undergraduate level.

    Modules:
    The Theory and Management of Banking (30 Credits); and at least 60 Credits from:
  • International Banking and Financial Markets (30 Credits).
  • Risk Management for Financial Institutions (30 Credits).
  • Strategic Banking Issues (30 Credits).

    Shivaji University in India has a Postgraduate Diploma in Banking and Finance which consists of:

    Theory Papers:
  • Financial Institution and Financial Markets.
  • Bank Management.
  • Banking Law and Practice.
  • Bank Credit.
  • Foreign-Exchange and Financing of Foreign Trade.

    Dissertation:
    A learner shall have to write and submit a dissertation on banking topic before the annual examination, which shall be evaluated separately.

    Viva-Voce:
    After the written examination, a learner shall have to give viva-voce (oral exam) for which he/she will be evaluated. The dissertation and viva-voce form separate aspects which must be passed.

    IV Practical Training:
    Every learner shall have to put up an internship in a Bank located in Kolhapur city for a period of 15 days before the annual examination.

    Conclusion:
    The international qualifications are comparable in module competencies to the current qualification, especially the New Zealand and United Kingdom qualifications because they both have a secondary focus on Risk Management. 
    		•

    ARTICULATION OPTIONS 
    This qualification articulates horizontally into a:
  • Postgraduate Diploma in Business Management.
  • Postgraduate Diploma in Management.
  • Postgraduate Diploma in Financial Planning.

    The qualification articulates vertically with:
  • Master of Business Administration.
  • Master of Commerce. 
    		•

    MODERATION OPTIONS 
    N/A 

    CRITERIA FOR THE REGISTRATION OF ASSESSORS 
    N/A 

    REREGISTRATION HISTORY 
    As per the SAQA Board decision/s at that time, this qualification was Reregistered in 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.
     
    1. Milpark Education (Pty) Ltd 


    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.