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ICB Exam Fees 2023/2024 | International Certification For Business

Filed in SA Education by on September 14, 2023 0 Comments

International certification for business ICB Exam Fees 2023/2024 | ICB Registration Fee: If you’re considering a career in Business or looking to advance your existing business skills, the International certification for business (ICB) is an organization that plays a pivotal role in shaping your journey.

The ICB serves as an independent external examination body, holding the responsibility of assessing competency and ensuring that individuals are well-equipped to excel in their chosen field. By obtaining qualifications from the ICB, you not only prove your expertise and knowledge in bookkeeping, but also gain a valuable credential that can open doors for various career opportunities.

In this comprehensive guide, we’ll delve into the ICB exam fees for 2023/2024, shedding light on the costs associated with these valuable qualifications and what you can expect from this esteemed institution.

International Certification For business ICB Exam Fees 2023/2024

The ICB offers a range of examinations and certifications that cater to different levels and areas of bookkeeping. Whether you’re starting out as a beginner or seeking advanced recognition, the ICB provides a structured pathway for your professional development.

When it comes to the exam fees for the upcoming year, it is important to consider the investment you are making in your future career. The ICB understands the financial commitment involved and strives to provide reasonable and competitive fees. The exact cost of the exams will depend on the specific qualification you are pursuing and the level of examination.

Aside from the exam fees, it is crucial to highlight the value of the qualifications obtained through the ICB. These certifications are widely recognized and respected in the industry, and they demonstrate your competence and dedication to employers and clients.

Employers often prioritize candidates with ICB qualifications, as they know that these individuals have undergone rigorous training and have proven themselves through external assessments. By attaining ICB qualifications, you not only enhance your job prospects, but also gain the confidence and skills needed to effectively manage financial records and contribute to the success of businesses.

How Much Are ICB Exam Fees 2023?

Before embarking on your certification journey, it’s important to be well-informed about the various fees associated with ICB exams. These fees are an essential part of the certification process and are meant to cover different aspects to guarantee a smooth and streamlined experience for all candidates. Understanding these fees will enable you to plan and budget accordingly, avoiding any surprises or financial burden later on.

The fees associated with ICB exams encompass a range of services such as registration fee, exam fees & recognition of prior learning(rpl) /exemption fees.

1. ICB Registration Fees

When you decide to register for an ICB exam, it is important to note that there is a fee associated with this process. This fee, known as the ICB Registration fee, is mandatory in order to gain access to the exam and secure your place. By completing this step and paying the registration fee, you ensure that your spot for the exam is reserved.

The Annual Student ICB Registration Fee (No member benefits) is R 430.00

2. ICB Exam Fees

Once you have successfully paid the ICB registration fee and completed the registration process, the next step is to pay the exam fees. These fees are categorized to cover different aspects of the ICB examination process, ensuring a smooth and comprehensive experience for all candidates.

The examination fees are meticulously designed to encompass various elements of the entire examination procedure, which includes the setting and marking of the exams, the administration and logistics involved, as well as the provision of relevant study materials and resources. Below are the ICB Exam Fees as at 2023/2024

a). Assessment Fees for Digital PoE (Paper and Online)

The first step towards achieving your ICB qualification involves the assessment fees for Digital PoE (Paper and Online) exams. These fees amount to R 785.00. This assessment format allows you to showcase your knowledge through both traditional paper-based exams and modern online assessments.

b). Assessment Postponement Fee per Subject (Paper and Online Exams)

Life is full of surprises, and sometimes you may need to adjust your exam schedule. Should the need arise, keep in mind that there is an assessment postponement fee per subject, which amounts to R 330.00. This fee allows you the flexibility to reschedule your exam without major financial implications.

c). Assessment Late Entry Fee per Subject (Paper and Online Exams)

Procrastination is a common human trait, but when it comes to exams, it’s important to stick to deadlines. If you find yourself registering for an assessment after the designated deadline, be prepared to pay an assessment late entry fee of R 560.00 per subject.

d). Assessment Re-mark & Examiners Report per Subject (Paper and Online)

In pursuit of excellence, the ICB offers the option for a reassessment and examiners’ report per subject. This invaluable feedback comes at a cost of R 1200.00 per subject. It’s a worthwhile investment if you’re looking to gain deeper insights into your performance and enhance your understanding.

e). Private Invigilator Admin Fee (Prior Approval Required)

Under certain circumstances, you may require a private invigilator for your exams. This service comes with an administration fee of R 2100.00. Make sure to seek prior approval and explore this option if it aligns with your needs.

f). Printed ICB Programme Certificate (Including Postage)

Upon successful completion of your ICB qualification, you’ll want to proudly display your achievement. The cost of obtaining a printed ICB Programme Certificate, including postage, is R 400.00. This certificate is not just a piece of paper; it represents your dedication and hard work in your chosen field.

g). FASSET Certificate Reprint (Including Postage) T&C’s Apply

If you find yourself in need of a replacement certificate due to loss or damage, you can request a reprint of your FASSET Certificate. The cost for this service, including postage, is R 400.00. Remember to review the terms and conditions associated with this process.

h). Workplace PoE Assessments (Learnerships)

For those engaged in learnerships, the Workplace PoE Assessments are an integral part of your practical training. These assessments come at a fee of R 1450.00. They provide a platform for you to demonstrate your skills and competencies in a real-world work environment.

3. Recognition Of Prior Learning(Rpl) /Exemption Fees

  • RPL/Exemption Application Fee R 510.00
  • RPL/Exemption Fee per subject (no POE Required) R 430.00
  • RPL PoE fee per subject (PoE to be Completed) R 995.00

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