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POSTGRADUATE DIPLOMA IN FINANCE AND ACCOUNTING

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. 

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

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 with 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 enquiries@iiemsa.co.za    

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.