CEFA (Certificate in Financial Administration) is a South African qualification that is registered on the National Qualifications Framework (NQF) at Level 5.
The NQF is a framework for organizing and recognizing different levels of learning achievement in South Africa, and it provides a standard way of comparing qualifications and skills across different fields.
At NQF Level 5, the CEFA qualification is considered to be at a higher education level, equivalent to the first year of a diploma or degree program. It is designed for individuals who are interested in pursuing a career in financial administration and management, and it covers topics such as financial statements, budgeting, costing, and financial management.
CEFA Level 5 is recognized by many employers in South Africa as a valuable qualification for individuals seeking employment in the financial sector, and it may also be used as a stepping stone to further education and training in finance and related fields.