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The Independent Institute of Education (The IIE)

Each organisation needs competent finance professionals to assist with internal decision-making and control, as well as external financial reporting. This skill shortage in the national and international finance profession is widely publicised.

The IIE Postgraduate Diploma in Finance and Accounting will equip students to render professional financial and accounting services to various role players, including private and public companies, governmental and non-governmental organisations, and consultation firms.

The programme is designed as a value-add for young graduates at the beginning of their careers in finance, as well as for finance professionals already working in the industry or in government departments.

The purpose of this postgraduate diploma would be to provide graduates with skills valuable to the finance profession. Those skills include management accountancy, financial strategic and risk management skills, as well as business report writing skills.

The outcomes for this qualification were identified as critical to render professional management accounting services, by compiling meaningful reports in response to an accounting or business problem. Graduates will be able to solve complex problems by effective teamwork. Ethical issues in given scenarios will be identified and students will understand and be able to debate the need for ongoing education.

This postgraduate diploma thus serves to strengthen and deepen the student’s knowledge in the finance profession and specifically the discipline of management accounting. It enables working professionals to undertake advanced reflection and development by means of a systematic survey of current thinking, practice and research methods in the area of management accounting. This is achieved mainly by systematic study of applicable case studies. It demands a high level of theoretical engagement and intellectual independence, as well as the ability to relate knowledge to a range of contexts within the finance and accounting field, in order for graduates to undertake professional or highly skilled work.

What is this Postgraduate Diploma’s accreditation status?

The IIE Postgraduate Diploma in Finance and Accounting (PGDFA) is accredited by the Council on Higher Education (CHE) and is registered by the South African Qualifications Authority (SAQA) on the National Qualifications Framework (NQF) as a 120-credit qualification on level 8 (SAQA ID: 102208).

Who is the PGDFA aimed at?

The IIE Postgraduate Diploma in Finance and Accounting (PGDFA) is aimed at students who are promising in terms of intellectual vitality, demonstrated leadership potential, personal qualities and contributions. Students will be drawn from all financial and management sectors.

Typical students would have an appropriate bachelor degree or an appropriate Advanced Diploma or similar qualification on level 7 on the National Qualifications framework.

What entry requirements will I need to study this Postgraduate Diploma?

Minimum Admission RequirementsNotes
An appropriate HEQSF Level 7 Bachelor’s degree
An appropriate Advanced Diploma
An equivalent NQF Level 7 qualification
With Accounting at third year level.
Students must be proficient in English
InternationalA SAQA Evaluation Certificate with NQF L7 equivalence in an appropriate field with Accounting at third year level.

How is this Postgraduate Diploma structured at The IIE MSA?

The IIE Postgraduate Diploma in Finance and Accounting (PGDFA) is a one-year programme. The academic year runs from February to November. The modules are delivered on a full-time basis with lectures and tutorials being scheduled during the day from Monday to Friday. If registration numbers allow, the programme may be offered on a part-time basis over a two-year period.

Please note that in line with academic practice, The IIE’s curriculum is reviewed annually thus changes may occur in module structure and sequence in order to ensure that the qualification remains relevant. The exit level outcomes of the programme do not change. Registered students receive an updated programme curriculum on an annual basis.

What about timetables?

The IIE Postgraduate Diploma in Finance and Accounting can be completed in 1-year full-time, or 2-years on a part-time basis. The academic year runs from February to November.

As far as possible timetabling is designed to accommodate student needs, but timetables remain subject to change throughout the year. Unfortunately, there is no guarantee that timetable structures will remain the same during the course of your studies. Class attendance is compulsory.

What must I pass in order to graduate with this Postgraduate Diploma?

In order to be awarded this qualification, you must have achieved a minimum final year mark of fifty percent (50%) for each module of the programme.

How long do I have to complete this qualification?

Full time students have a maximum of 2 years to complete this qualification. A part-time programme may be offered subject to a minimum of 15 registered students. In such an instance, the programme will be presented over 2 years with a maximum completion time of 4 years.

With what qualification will I graduate?

You will graduate with The IIE Postgraduate Diploma in Finance and Accounting (SAQA ID: 102208).

Career opportunities: what career areas can I pursue once I have completed this Postgraduate Diploma?

This Postgraduate Diploma will open up an attractive range of career options; this diploma is a perfect steppingstone to a diverse and exciting range of career opportunities.

  • Risk manager
  • Management accountant
  • Financial manager
  • Strategic consultant
  • Financial director/manager
  • CFO
  • Financial controller
  • Internal auditor

Would it be possible to study further and obtain a Master’s degree once I have completed this IIE Postgraduate Diploma?

The IIE Postgraduate Diploma in Finance and Accounting is accredited by the Council on Higher Education (CHE) and is registered by the South African Qualifications Authority (SAQA) on the National Qualifications Framework (NQF) at level 8 – the same level as other equivalent postgraduate diplomas at both private and public South African institutes of higher education. The opportunity to apply for a Master’s degree at IIE MSA or any South African university or higher education institution exists, subject to meeting their specific programme entrance criteria.

It is important to remember that your academic results remain a key factor when applying for further studies.

Call the IIE MSA campus to discuss your career options with one of our Student Advisors. Tel: +27 11 950 4009 or email

Disclaimer: Please note that this fact sheet is accurate at the time of publication. The Independent Institute of Education (The IIE) reserves the right to alter any of the content prior to commencement of registration due to changes in regulation, policy, market requirements or any other valid reason.

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British Accreditation Council

The IIE is not only accredited in South Africa but its dedication to providing quality education also led to it being accredited by the British Accreditation Council (BAC) in 2014. The British Accreditation Council is an independent authority in the United Kingdom that accredits private providers globally, including Greece, Switzerland, Singapore, India, Mauritius and the United Arab Emirates. In 2017 The IIE had its accreditation status confirmed by the BAC as an Independent Higher Education Institution confirming our confidence in the international comparability of our standards.

“South African students need to know, when they select a private higher education institution, that the standards offered are equivalent to those of a public University. Our students get this from our extensive local accreditation and registration. The students also benefit from knowing that we meet international standards too. The IIE is accredited as an Independent Higher Education Institution by the British Accreditation Council. Locally and internationally we have demonstrated the quality of what we offer,” said Dr Coughlan, Director, The Independent Institute of Education.

IIE MSA students can be confident that their IIE learning experience meets international best practice standards.