NC – New Venture Creation NQF Level 2

Fundamental Component: The Fundamental Component consists of Unit Standards in:

  • Mathematical Literacy at Level 4 to the value of 16 credits
  • Communication at Level 4 in a First South African Language to the value of 20 credits
  • Communication in a Second South African Language at Level 3 to the value of 20 credits

Core Component: The Core Component consists of Unit Standards to the value of 82 credits all of which are compulsory.

Elective Component:
The Elective Component consists of individual unit standards from which the learner must choose unit standards totaling a minimum of 11 credits

  • Manage a new venture by applying business principles and techniques.
  • Demonstrate an understanding of the role of leadership and management.
  • Demonstrate an understanding of basic economics within an market economy.
  • Demonstrate an ability to identify and create a new venture.
  • Demonstrate knowledge of interpersonal skills required in a business environment.
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  • Module 1: Literacy 1st & 2nd Language
  • Module 2: Mathematical Skills
  • Module 3: Entrepreneurial Skills
  • Module 4: Interpersonal Skills
  • Module 5: Financial And Economic Skills
  • Module 6: Management Skills
  • Module 7: Leadership Skills