Further Education and Training Certificate in New Venture Creation (NQF 4)SETA Qualifications Business Studies 149 Credits 1 Year Register Online
Purpose of Qualification
The purpose of this qualification is to develop the appropriate skills and knowledge required
by a person for the establishment and development of a small to medium business venture, and
address the economic, administrative and behavioural (psycho-social) barriers that contribute
to success in starting and sustaining the venture. This qualification is intended for persons who
wish to start, operate, manage and grow a new small to medium business venture. Students
attempting this qualification will be equipped with a variety of technical, business managerial
and personal skills and strategies to help them succeed in the creation and sustenance of a
business. The successful student will develop a sound foundation for the application of these
skills and knowledge to explore a diverse range of entrepreneurial opportunities.
- Aspiring Entrepreneurs
- Junior Managers in SMME business
Department of Higher Education and Training.
Services Seta (SAQA ID: 66249)
Mathematical Literacy NQF level 3 and communication NQF Level 4.
Horizontal articulation is possible towards Further Education and Training Certificate: Generic Management
NQF Level 4. Vertical articulation is possible towards a Higher Certificate, Diploma in Business Administration.
Assessment of Programme
Assessment is conducted as both Formative Assessment and Summative Assessments. The Formative Assessment is
covered as Continuous Assessment Tests and compilation of a Portfolio of Evidence by the student. The Summative
Assessment takes place as a National Summative exam for First and Second Semesters. It is compulsory for all
students to complete WIL for completion of the programme.
- Fundamentals of Entrepreneurship
- Financial Management
- Principles of Production/Operations Management
- Human Resources