What Requirements and Subjects are Needed to Study Financial Management in South African Universities?

What Requirements and Subjects are Needed to Study Financial Management in South African Universities? In this article, we investigate the prerequisites for majoring in Financial Management in universities and colleges in South Africa. We also analyze the minimum APS score required for entry into degree and diploma programs in financial management. You should be aware that the prerequisites for studying Financial Management will vary widely between different schools, both regionally and globally.

List of Grade 10 subjects required to study Financial Management courses

Let’s find out what classes you need to take in Grade 10 to enroll in a university or college in South Africa and major in financial management. Subject choices in high school can have a significant impact on postsecondary educational opportunities. Therefore, you should have a general concept of what you want to study following matriculation before deciding on your course combination for grade 10.

Due to the specialized nature of the Financial Sciences, there are requisite courses that must be taken during High School. You also need to get an APS score high enough to get into your chosen university. The following are necessary and important components of any educational program:

• Accounting,
• Mathematics,
• or Mathematical Literacy,
• English Home Language,
• or English First or Second Additional Language.

Minimum requirements for Financial Management studies relating to Higher Certificate, Diploma and Bachelor Studies?

• Higher Certificate. The minimum admission requirement is a National Senior Certificate with a minimum of 30% in the language of learning and teaching of the higher education institution as certified by Umalusi, the Quality Assurance Council. Institutional and programme needs may require additional combinations or recognised NSC subjects and levels of achievement.
• Diploma. The minimum admission requirement is a National Senior Certificate with a minimum of 30% in the language of learning and teaching of the higher education institution as certified by Umalusi, the Quality Assurance Council, coupled with an achievement rating of 3 (Moderate Achievement, 40% – 49%) or better in four (4) recognised 20-credit subjects. Institution and programme needs may require additional combinations of recognised NSC subjects and levels of achievement.
• Bachelor’s Degree The minimum admission requirement is a National Senior Certificate with a minimum of 30% in the language of learning and teaching of the higher education institution as certified by Umalusi, the Quality Assurance Council, coupled with an achievement rating of 4 (Adequate Achievement, 50% – 59%) or better in four (4) recognised 20-credit subjects. Institution and programme needs may require additional combinations of recognised NSC subjects and levels of achievement.

What Financial Management Career is all about

A Financial Manager is responsible for the financial health of an organisation, regardless of the industry. Successful Financial Managers have the following attributes when filling a Financial Manager role: Honesty and integrity. Fully understand all business workings.

Watch: Financial Manager Career Video

What is the APS Score marks/ results for Financial Management

In order for you to get accepted at a University in South Africa, or (Colleges that use APS scores) for a qualification in Financial Management, you should possess a National Senior Certificate (Grade 12) with an APS score of between 26 – 30. APS score is determined by the Grade 12 marks or results. It is also good to know that Universities and Colleges may use your Grade 11 marks if you applied before your matric results came out.

The minimum requirements for a candidate to obtain a Grade 12 National Senior Certificate?

The minimum requirements are:

• Achieve 40% in three subjects, one of which is an official language at Home Language level and 30% in three subjects.
• Provide full evidence in the SBA component in the subjects offered

Prospectus for all Universities in South Africa with APS Scores Tables

Below you will find 2023 universities prospectus for courses from all South African Universities. The prospectus includes relevant APS score and calculations for each universities:

• Cape Peninsula University of Technology (CPUT) – Download Prospectus,
• University of the Western Cape (UWC) – Download Prospectus,
• Stellenbosch University (SU) – Download Prospectus,

• Durban University of Technology (DUT) – Download Prospectus,
• Mangosuthu University of Technology (MUT) – Download Prospectus,
• University of KwaZulu-Natal (UKZN) – Download Prospectus,
• University of Zululand (UniZulu) – Download Prospectus,

• Nelson Mandela University (NMU) – Download Prospectus,
• Rhodes University (RU) – Download Prospectus,
• University of Fort Hare (UFH) – Download Prospectus,

• University of South Africa (UNISA) – Download Prospectus,
• University of Johannesburg (UJ) – Download Prospectus,
• University of the Witwatersrand (Wits) – Download Prospectus,
• University of Pretoria (UP) – Download Prospectus,
• Sefako Makgatho Health Sciences University (SMU) – Download Prospectus,
• Tshwane University of Technology (TUT) – Download Prospectus,

• Central University of Technology (CUT) – Download Prospectus,
• University of the Free State (UFS) – Download Prospectus,

• North-West University (NWU) – Download Prospectus,

• Sol Plaatje University (SPU) – Download Prospectus,

• University of Limpopo (UL) – Download Prospectus,
• University of Venda (Univen) – Download Prospectus,

• University of Mpumalanga (UMP) – Download Prospectus,

Correct Subject Choice is Important

When it comes to subject choices, every learner should ensure that their subject choice (from Grade 10 already) will lead them in pursuing the careers they want.

The subject choice at the end of Grade 9, or Grade 10 according to The Department of Education, could determine the field of study learners can follow once they complete school. In other words, if learners do not select the correct combination of subjects, they could find themselves unable to enter into certain higher or further education programmes. So when making this important subject choice, learners should consider their options for when they complete school and select accordingly.

How much does it cost to study Financial Management?

Although every learning institution will have its own fees structure and costing, studying Financial Management courses can range from R15 000 to R60 000 per annum. It is always advisable for learners to contact the institution they want to learn at in order to confirm the study fees amounts for the year.