SAQA ID: 62949, NQF Level 6 (Credits: 380)
Would you like to gather financial information to improve revenue? Acquire financial analytical competencies and elevate your success.
Cost Management Accounting is a form of management accounting that aims to improve the company’s profitability by eliminating unnecessary costs. It is through the implementation of successful cost and management accounting techniques that this can be achieved.
Lyceum has structured this programme to primarily focus on internal financial analysis techniques and concepts within an organisation. Through the course, you will receive an objective understanding of controllable factors in a company’s operations which will support strategic decision making and daily operational control.
Once qualified, you will have the competence to become an asset in the field of management accounting. You will have the relevant knowledge and abilities to provide management with financial and non-financial information for cost accounting, planning and controlling as well as strategic decision making.
Our diplomas are uniquely structured by professionals in the field to meet the demands of the South African Society. We are committed to ensuring our students are equipped with industry relevant skills and gain comprehensive knowledge to make a valuable contribution in South Africa and succeed in their chosen career.
Careers You Can Pursue
Learners could pursue a career as a/an:
- Cost and Management Accountant
- Cost Analyst
- Financial Manager
- Management Accountant
- Financial Executive
- Senior Accountant
To study this course, you will need to meet the following requirements:
- The minimum entry requirement for this course is a National Senior Certificate or equivalent.
Length of Time
Minimum - Three (3) years of study (part-time)
Maximum - Six (6) years of study (part-time)
Upon successful completion of this programme, you will receive a Diploma in Management - Cost & Management Accounting.
This is a higher education programme accredited by the Council on Higher Education (CHE) and registered with the Department of Higher Education and Training (DHET).
Contents of Course
Below are a few examples of the subjects you will cover:
- Business Communication
- Cost and Management Accounting
- Financial Accounting
- Business Research
For a detailed breakdown of all your subjects, please refer to the fact sheet.
Your study material will be supplied in a choice of formats (digital only or a combination of printed and digital format). Prescribed textbooks are excluded and must be procured by the student. Please see: (Terms and Conditions).
Guidelines for Assignments and Examinations
Lyceum is committed to guiding you through the submission of your assignments and ensuring that you are registered for your examinations.
Please see the following information below, to ensure your process is smooth.
Assessments consist of:
- One assignment (formative assessment) and
- A final examination (summative assessment) for each subject.
All assignments for the year must be submitted in order to qualify for the exams.
Please ensure all your assignments are submitted on time. If you have missed a deadline, you may re-submit at a small cost.
Your final mark for each subject will be calculated as follows:
- Assignment contributes 20% towards the final mark
- Examination contributes 80% towards the final mark
If your assignment mark is low:
If you submit an assignment for a specific subject and fail, you do not have to re-submit a further assignment prior to writing the “supplementary” examination. The assignment mark will automatically be carried over. However if the assignment mark is low, and you wish to re-do the assignment, you may apply to the examinations section for a copy of the new assignment (at the prescribed fee) and may then re-submit the assignment on or before the new due date.
If you would like to pursue your studies further, please enquire with our Lyceum Sales Consultants for more information.
Click here to find contact information for all our branches: http://www.lyceum.co.za/college-south-africa-sa-collegesDownload Fact Sheet
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