The purpose of this skills programme is to provide learners with a set of skills to manage the finances of their unit as if they are running a mini-business. Learners leaving this course will be able to make critical decisions affecting the financial performance of their unit and the organisation as a whole.
Demonstrate an understanding of the key concepts of managerial finance
Interpret financial statements
Draft financial forecasts
Draft budgets according to the operational plans of a unit
Supervise the financial management of a unit against given requirements
This course is delivered using the unique board game called Commercium. This game is used to simulate a business and learners progressively play the game in stages to learn and apply critical financial concepts. On the final day of the course, learners are expected to analyse the performance of their business and to present and motivate financial decisions which must be made, based on the analysis.
Learning is supported by user-friendly workbooks and by CD-toolkits. Learners are encouraged to bring a laptop to the course.
Who should attend?
This programme is dedicated to those who find themselves leading multi-skilled and multi-disciplinary teams. It could include:
“Manager of managers’
Those acting or relieving in management positions
Maccauvlei entry requirements
Standard 10 / Grade 12 Certificate
Learners who successfully complete the portfolio will be awarded a skills programme certificate with the unit standard listed.