National Certificate in Wealth Management
NQF level 5
SAQA ID Nr. 57608/66611
FACILITATED BY USB-ED & PSG KONSULT ACADEMY
Workshop Dates
| CENTURION FACILITATION GROUP 01 - WEALTH MANAGEMENT |
| |
Facilitation Day 1 |
Facilitation Day 2 |
Revision Day |
Assessment |
Re-Assessment |
| SS4 |
Mon |
12-Sep-2011 |
Tue |
13-Sep-2011 |
Fri |
14-Oct-2011 |
Tue |
18-Oct-2011 |
Fri |
04-Nov-2011 |
| CENTURION FACILITATION GROUP 2 - WEALTH MANAGEMENT |
| |
Facilitation Day 1 |
Facilitation Day 2 |
Revision Day |
Assessment |
Re-Assessment |
| SS4 |
Tue |
27-Sep-2011 |
Wed |
28-Sep-2011 |
Tue |
25-Oct-2011 |
Thu |
03-Nov-2011 |
Fri |
18-Nov-2011 |
| CAPE TOWN FACILITATION GROUP 1 - WEALTH MANAGEMENT |
| |
Facilitation Day 1 |
Facilitation Day 2 |
Revision Day |
Assessment |
Re-Assessment |
| SS4: |
Mon |
19-Sep-2011 |
Tue |
20-Sep-2011 |
Wed |
19-Oct-2011 |
Thu |
27-Oct-2011 |
Tue |
15-Nov-2011 |
INTRODUCTION
Many insurers, financial advisors and brokers in the financial services industry are facing the challenge of obtaining the required credits
and qualifications as determined by the FAIS Act.
For this reason, the University of Stellenbosch Business School Executive Development (USB-ED) in association with PSG Konsult Academy
have combined their most distinguished faculty members and technical expertise to provide high quality and user friendly training for
learners towards the National Qualification in Wealth Management at NQF Level 5. We are offering you the full qualification (122 credits)
in four study schools on a modular basis which will be easy to complete over a one to two year period.
With these four focused study schools, we offer a unique learning opportunity to build your confidence and capabilities. The facilitation
is interactive and presented by subject matter experts. We are confident that you will not just obtain the necessary credits but that you
will leave the programs a better entrepreneur, financial advisor and administrator.
Wealth Management Medical Aid NQF Level 5
WE GUARANTEE SUCCESS
We are aware of the fact that many financial advisors, brokers and administrators have not studied for many years, but have a vast amount of
experience. Our four study schools are structured in such a way that you will be at ease with the learning as well as the assessments. If you
have the will and determination, we are prepared to "stand by you" until you are competent.
NATIONAL CERTIFICATE IN WEALTH MANAGEMENT NQF LEVEL 5
The aim of this qualification is to provide learners with a wide range of specialised and technical skills as well as a broad based knowledge
of the applicable legislation, economic principles and the financial services industry in general. The learners will be exposed to the
important terms, rules, concepts, principles and theories of Wealth Management.
The Certificate in Wealth Management at NQF level 5 will be sufficient for all requirements as determined by the FAIS Act needed by financial advisors, brokers and administrators.
Participants will receive a PSG Academy certificate as proof of credits after the successful completion of each study school.
| Study School |
Core |
Elective |
Fundamental |
TOTAL |
| 1 |
15 |
7 |
8 |
30 |
| 2 |
0 |
16 |
16 |
32 |
| 3 |
10 |
15 |
5 |
30 |
| 4 |
15 |
5 |
10 |
30 |
| TOTAL |
40 |
42 |
39 |
122 |
The tutoring will take place in
four study schools over a twelve (12) month period starting February 2011. There will be a closed book assessment +- 4-6 weeks after each study school's facilitation. You must attend all study schools (SS1-SS4) in the calendar year. You cannot attend one study school in one year and the other study school the next year, because the material is designed for a specific year; e.g. Tax, Investments, etc.
WORKSHOP PROGRAM per study school
Day 1 - Tutoring in the first half of the Unit Standards (including distribution of material in the classroom)
Day 2 - Tutoring in the second half of the Unit Standards
+- 4 - 6 weeks break to complete workbook and prepare for summative assessment
Day 3 - One full day for revision purposes. This will take place within the week before the assessment
Day 4 - Write closed book summative assessment and hand in formative assessment (workbook)
Distance Learning:
If you are too far to attend the facilitation we provide, we have another option for you. You are more than welcome to do it Distance Learning. No facilitation is provided and you study on your own time. You have +- 8 weeks per study school (from the day you receive your study material) to complete the workbook and prepare for the summative assessment. The assessment date will be communicated to you after registration and together with receiving your material. As soon as the first study school has been successfully completed, you may begin with the next study school.
*You only have 6 (six) months to complete each study school from start of that study school up to a maximum of 18 (eighteen) months (re-assessments included), BUT a maximum of 24 months for the full qualification. If unsuccessful, you need to reregister and pay again.
Study School 1
| CODE |
UNIT STANDARD TITLE |
|
NQF Level |
CREDITS |
| 242584 |
Demonstrate knowledge and understanding of the Financial Advisory and Intermediary Services Act 2002 (FAIS)
(Act 37 of 2002) as it impacts on a specific financial services subsector |
E |
4 |
2 |
| 242593 |
Explain South African money laundering legislation and the implications for accountable institutions in transacting
with clients. |
E |
4 |
3 |
| 242574 |
Present a proposal to optimise the tax aspects of the wealth management of an entity. |
C |
5 |
4 |
| 242573 |
Determine the needs and wants of an entity in order to propose an appropriate financial solution. |
C |
5 |
4 |
| 230077 |
Describe the financial lifecycle of an individual and how this influences financial decisions. |
F |
5 |
8 |
| 242554 |
Research information in order to assist in conducting a financial risk assessment. |
C |
5 |
7 |
| 117129 |
Apply the regulations for disclosure that are required as part of the financial sales process. |
E |
4 |
2 |
|
TOTAL |
|
|
30 |
Study School 2
| CODE |
UNIT STANDARD TITLE |
|
NQF Level |
CREDITS |
| 230071 |
Apply basic economic principles to the financial services sector. |
F |
5 |
5 |
| 230075 |
Demonstrate knowledge and insight into the changing nature of the financial services industry and its consumers. |
F |
5 |
6 |
| 242603 |
Apply knowledge of estate planning to propose a financial solution for a specific client |
E |
5 |
8 |
| 119997 |
Demonstrate knowledge and understanding of risk in a financial services environment |
F |
5 |
5 |
| 242555 |
Develop a potential wealth preservation solution for an entity |
E |
6 |
8 |
|
TOTAL |
|
|
32 |
Study School 3
| CODE |
UNIT STANDARD TITLE |
|
NQF Level |
CREDITS |
| 230078 |
Apply the principles of ethics to a business environment |
C |
6 |
10 |
| 242613 |
Apply technical knowledge and skill to advise on individual planning for retirement. |
E |
5 |
5 |
| 242589 |
Apply knowledge of business insurance to propose a Long-Term financial solution for a business entity. |
E |
6 |
10 |
| 230070 |
Present an informed argument on a current issue in a business sector |
F |
5 |
5 |
|
TOTAL |
|
|
30 |
Study School 4
| CODE |
UNIT STANDARD TITLE |
|
NQF Level |
CREDITS |
| 242601 |
Apply a researched trend to individual financial risk. |
C |
5 |
5 |
| 242567 |
Analyse the product design of different medical schemes to evaluate the benefits set of each scheme. |
E |
5 |
5 |
| 242594 |
Apply knowledge of the different asset classes in order to give financial advice |
C |
5 |
4 |
| 120075 |
Demonstrate insight into current affairs in the Financial Services Sector. |
F |
5 |
10 |
| 242580 |
Apply scenario planning to explain potential risk in a specified financial services context. |
C |
5 |
6 |
|
TOTAL |
|
|
30 |
WHY USB-ED/PSG KONSULT ACADEMY?
- Combination of a leading organisation and brands in the executive development and financial services industry
- Accredited face to face tutoring by distinguished faculty and subject matter experts
- Well structured model of four focused study schools with individual support
- Practical and humane assessments that are designed for optimal learning and support
- Certificate to be issued by INSETA after successful completion of the full qualification
- Renowned administration and support
VENUES AND DATES
The study schools will be presented in Gauteng (Johannesburg & Pretoria), Durban and Cape Town. We are also prepared to facilitate the study
schools at any venue if there are 20 and more participants.
PRICE (including VAT) per student:
- R 3 390.00 per Study School workshop/facilitation - refreshments included
R2 390.00 per Study School distance learning/self study
- One free summative re-assessment, there after R350.00 per summative assessment paper
- Formative (workbook) Re-assessment: R130.00 per unit standard
- Please refer to the registration form's terms and conditions for all other possible additional costs
These prices include:
- All learning material, with the exception of additional notes
- One (1) Fundamentals of Financial Planning Handbook for 2011 (Value +- R500.00) to be used for the full qualification (ALL four study schools)
- Assessments as per the terms & conditions; moderation & verification
- Confirmation of credits after each successful study school
Excludes posting/couriering any letters and/or certificates. Letters will be e-mailed and certificates can be
collected at Centurion or Cape Town offices, or you can organize your own courier.
PLEASE NOTE:
In case of a cancellation after registration, a 50% cancellation fee will be applicable. No refunds, (thus 100% cancellation fee) for any cancellations within 24 hours before the workshop. No refund will be allowed after you have received your material. Cancellation should be done in writing (fax or e-mail) at least 5 (five) days prior to the workshop.
These prices are valid from 1 November 2010 to 31 October 2011. If you register in 2011, but attend the workshop in 2012, you will be charged the 2012 prices.
Wealth Management Medical Aid NQF Level 5
