NC: Banking (NQF 5) – RPL

The National Certificate in Banking (NQF 5) has been approved by the Financial Sector Conduct Authority (FSCA) to fulfil the FAIS Fit & Proper generic education requirements for Categories I and IV and Key Individuals.

The qualification follows a logical progression from the NQF level 4 Banking, although it is not a prerequisite for learners to have completed the NQF level 4 qualification (but it does help with basic concepts).   The National Certificate in Banking explores general banking concepts, including the banking regulatory environment, sales and marketing strategies, financial management and investment products.

The qualification provides successful learners with access to the Chartall Business College Bachelor of Business Administration degree.

Re-regstering learners apply here

The National Certificate in Banking is the logical qualification for people in either a sales or banking management role in a bank.   The unique combination of unit standards makes it an ideal choice for people looking for promotion and to future-proof themselves within the banking sector. Learners who have been working in a FAIS role for over three years may apply to earn the qualification through Recognition of Prior Learning (RPL).

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This qualification is offered through Recognition of Prior Learning (RPL)   (Note that face-to-face training is also offered at selected workplaces. You can request face-to-face training here.)

Only learners who have been working in a FAIS and client-facing role in a bank for over three years may apply to complete the qualification through RPL.  This is because there is no training and no training materials with the RPL option.  You simply complete the assessment.  Learners with less workplace experience should rather complete the qualification through the online learning delivery method.

[/expand] [expand title=”What are the entry requirements?”] RPL candidates should have been in a FAIS or client-facing role for at least three years. This will provide you with sufficient workplace experience to complete the RPL successfully. Learners must also currently be employed in a banking environment.  This is because a manager needs to complete workplace observations which are an essential part of your final assessment. RPL candidates to note that there is no training offered with the RPL enrolment option and all assessments are completed using your existing learning as the basis for your assessments.  Candidates must also hold a valid South African school leaving certificate or a valid equivalent qualification (as recognised by SAQA).

As the RPL is conducted online, learners must have a PC or tablet with sufficient internet connectivity to download and upload the online assessments.  A good level of computer literacy is also useful.
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