ICM Africa Certificate in Credit Management
Part 1 - 4
Further Education and Training Certificate: Credit
Management (Obtained with Credit Management Part 1 &
REGISTERED QUALIFICATION: Part 2)
AND
ICM Africa Advanced Certificate in Credit Management
SAQA US ID:
57901
NQF Credits:
164 Level 04
SAQA DECISION NUMBER:
SAQA 0695/12
COURSE DURATION
Minimum 2 years
COST
R38 000 all inclusive
R20 500 in year 1
R15 500 in year 2
WHO CAN ATTEND THIS COURSE?
It is assumed that a learner entering a programme leading to this qualification has
achieved:



Communication at NQF Level 3.
Mathematical Literacy at NQF Level 3.
Accounting at NQF Level 3.
Access to the Qualification:
Access to the qualification is open keeping in mind the "learning assumed to be in place".
The programme runs sequentially, and each part has to be completed before the next part
can be initiated.
PURPOSE OF THIS COURSE?
A learner assessed as competent against this qualification, will be able to assume responsibility for
Credit Management at a middle management level in a variety of organisations in any business
sector. The qualification will suit the following people:



Credit Controllers.
Credit Managers.
Collection Managers
PBS College – Credit Management Department - Fact Sheet: Part 1 - 4
The qualification is a step in the learning pathway that underpins a career in the Credit
Management arena and ameliorates the progression for a career path within an organization. It is
intended to empower learners to acquire knowledge, skills, attitudes and values required to
operate confidently in Credit Management positions not only in the South African context of the
credit arena but also to respond to the challenges of the changing work environment globally.
The qualification provides a framework for the application of the guiding principles of Credit
Management in the working environment of credit controllers, supervisors, managers and
directors of Credit Management functions.
COURSE DURATION
4 semesters of 6 months each at a minimum. Exams are written in June and November of each
year.
The full Part 1 – 4 is a minimum of 2 years and approximately 3000 hours made up as follows:
 1500 hours of Theoretical study
 1500 hours of Practical work (Workbook Activities & Portfolio of Evidence)
STUDY PATH
Part 1 & 2 is aligned to the SAQA Certificate in credit management and adheres to strict
FASSET and SAQA regulations. Part 3 & 4 are in the process of being aligned to SAQA
Unit Standards, and has already been aligned to the quality standards set by FASSET.
Each part has been broken into 7 Modules, these are:
1. Research Methodology (Including study tools and techniques)
2. Communication
3. Human Resource Management
4. Business Management
5. Business Law
6. Strategic Credit Management
7. Financial Management
Part 4 has an additional Research Paper/Dissertation which will take at least 70 % of the
learner’s study time during that semester.
See the diagram below for context:
PBS College – Credit Management Department - Fact Sheet: Part 1 - 4
WHAT WILL THE LEARNER KNOW AFTER THE COURSE?
1.
Direct the day to day activities of a Credit Management department.
2.
Define the Divisional Strategy and Policies.
3.
Create and maintain sound client and sales relations.
4.
Research macro economic marketing trends and their micro economic implications.
5.
Assess, manage and control a debtor's book.
6.
Conform to credit legislation.
7.
Manage risk and profitability as it relates to Credit Management.
8.
Lead & measure a team of people successfully
9.
Conduct effective research, test a hypothesis and report meaningful results
QUALIFICATION OBTAINED
Part 1 & Part 2:
After completion of the first year, a certificate of attendance will be issued to each learner who
successfully complies with the SAQA standards, will receive the SAQA FET Certificate: Credit
Management.
In Addition, the learner who successfully passes both June and November exams, will receive
PBS College – Credit Management Department - Fact Sheet: Part 1 - 4
the ICM Africa Certificate in Credit Management
Part 3 & Part 4:
After completion of the second year, the learners who have successfully passed both June and
November exams, and complied with the pre-requisites of the dissertation, will be awarded the
ICM Africa Advanced Certificate in Credit Management.
NEXT STEPS
It is our aim to ensure that every learner has academic options. As such, we are partnering
with all the major HET Training institutions which can take the learner up to NQF 8 in Credit
Management.
Internationally, the ICM Africa certificate and advanced certificate is recognised by the
Australian ICM, the UK ICM and the Western European ICM’s (Legal aspects will need to be
redone)
PBS College – Credit Management Department - Fact Sheet: Part 1 - 4