National Certificate in 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.Is this qualification for me?
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.
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.
Learners are assessed using a Portfolio of Evidence (PoE). Chartall Business College has set questions and assignments that are completed over the duration of the qualification. You complete these assessments in your own time. This portfolio will be assessed by a registered assessor and feedback will be provided.
The advantage of the portfolio as a mode of assessment is that it can be used after the learning to support the learners’s CV as it showcases what they can do practically (you will need to keep a copy of it for this purpose). Learners will still need to comply with any requirements of the FSCA (such as writing Regulatory Examinations and ongoing professional development [CPD]).
Chartall recognises selected internal training courses that learners may have completed with their employers in the banking sector. If internal courses you have completed are aligned to unit standards, Chartall will award unit standard exemptions for this training. You will be asked to submit your internal training records so that Chartall Business College can work out if you qualify for any exemptions.
- Lectures 9
- Quizzes 0
- Duration 6 months
- Skill level NQF 5
- Language English
- Students 5644
- Assessments Yes
The financial sector
- 7356 Provide sales related services within the banking sector
- 7359 Apply banking-related direct selling techniques
- 7345 Determine the banking-related financial needs of a business
- 7361 Implement personal selling strategies to achieve banking-related targeted results
- 7334 Perform external sales process for a bank product
- 7357 Produce and present banking-related sales solutions