Further Education and Training Certificate: New Venture Creation

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CODE: FEATCNVC4
SAQAID:66249
NQFLEVEL:4

STATUS OF THE PROGRAMME:

ACTIVE
KZN,GP,WC

LEARNING OPTIONS:

Blended Learning

PURPOSE OF THE PROGRAMME:

This qualification is intended for persons who wish to start, operate, manage and grow a new small to medium business venture. Learners attempting this qualification will be equipped with a variety of technical, business managerial and personal skills and strategies to help them succeed in the creation and sustenance of a business.

The successful learner will develop a sound foundation for the application of these skills and knowledge to explore a diverse range of entrepreneurial opportunities.

PROGRAMME OUTCOMES:

On completion of this program learners will be able to:

1. Demonstrate an ability to identify and create a new venture.
2. Demonstrate knowledge of interpersonal skills required in a business environment.
3. Demonstrate an understanding of basic economics within a market economy.
4. Manage a new venture by applying business principles and techniques.
5. Demonstrate an understanding of the role of leadership and management.

PROGRAM OUTLINE:

Type of Unit Standard	Unit Standard Number	US Credit	US Level	Unit Standard Title
Core	114600	4	4	Innovative & development of a small business
Core	263455	6	4	Understanding the principles of costing and pricing to a business venture
Core	263356	5	4	How to build an entrepreneurial profile
Core	263514	5	4	How to market your business
Core	120389	6	4	Motivational & leadership
Core	114584	5	4	How to finance your business
Core	263534	4	4	How to create an action plan for your business
Core	263474	6	4	Manage finances of a business
Core	114805	4	4	Manage general administration
Core	13948	5	4	The art of negotiation
Core	263434	6	4	Plan and manage production/operations businesses
Core	263456	4	4	Strategic planning to improve your business performance
Core	114592	8	4	How to do a business plan
Core	114596	5	4	Research the viability of business ideas/opportunities
Core	116394	9	5	Understanding & managing human resource and labour relations policies and acts
Fundamental	119472	5	3	Effective Communication in business
Fundamental	119457	5	3	Interpret and use information from texts
Fundamental	119467	5	3	Use language and communication in occupational learning programmes
Fundamental	119465	5	3	Write/present/sign texts for a range of communicative contexts
Fundamental	9015	6	4	Critical thinking & problem solving
Fundamental	119462	5	4	Engage in sustained oral/signed communication and evaluate spoken/signed texts
Fundamental	119469	5	4	Read/view, analyse and respond to a variety of texts
Fundamental	9016	4	4	Represent analyse and calculate shape and motion in 2-and 3-dimensional space in different contexts
Fundamental	119471	5	4	Use language and communication in occupational learning programmes
Fundamental	7468	6	4	Use mathematics to investigate and monitor the financial aspects of personal, business, national and international issues
Fundamental	119459	5	4	Write/present/sign for a wide range of contexts
Elective	242655	4	4	Ethical business practices
Elective	117156	4	4	Understanding financial statements
Elective	114593	5	4	Effective tendering

LEARNING ASSUMED TO BE IN PLACE:

• Communication at NQF Level 3
• Mathematical Literacy at NQF Level 3

RECOGNITION OF PRIOR LEARNING (RPL):

This qualification can be achieved wholly or in part through Recognition of Prior Learning in terms of the defined exit level outcomes and/or individual unit standards.

METHODOLOGY:

Training Program Duration:12 months.

Assessment: The purpose of the qualification is achieved via demonstration of competence in terms of the exit level outcomes, which in turn are a function of the associated unit standards. Candidates will be assessed in an integrative manner per exit level outcome according to the qualification rules.

Certification: This includes obtaining endorsement from the SETQAA.

Qualification: 66249 - Further Education and Training Certificate: New Venture Creation

TARGET GROUP:

This qualification is intended for persons who wish to start, operate, manage and grow a new small to medium business venture.

BENEFITS

This Qualification meets the needs of society by, primarily, providing persons who are able to apply the fairly complex knowledge and skills required to be an entrepreneur and thus contribute to the economic upliftment of themselves, their community and thereby the nation as a whole.

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INVESTMENT: R30 000.00 PER STUDENT FOR THE FULL 12 MONTH QUALIFICATION

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The above price does not include monthly stipend nor meals