Higher Certificate in Wealth Management (NQF 5)


The aim of the Higher Certificate in Wealth Management is to provide learners with a wide range of specialised and technical skills, as well as broad-based knowledge of the applicable legislation, economic principles and the financial services industry. Learners will be exposed to the important terms, rules, concepts, principles and theories of Wealth Management.

Once qualified, it will be sufficient for all requirements determined by the FAIS Act needed by financial advisors, brokers and administrators. You will also be exempt from the competency exam set by the FPI, for access to your RFP™ status. It also allows for FPI student membership at registration.

The Higher Certificate in Wealth Management will be sufficient for all requirements determined by the FAIS Act needed by financial advisors, brokers and administrators.

What will the qualification enable you to do?

The purpose of the ‘Higher Certificate: Wealth Management’ qualification is to build the knowledge and skills required by employees in Wealth Management (who have achieved a qualification equivalent to NQF Level 4) that are ready to study at Level 5.

  • It is intended to help learners acquire knowledge, skills, attitudes and values required to operate ethically and responsibly in the highly regulated Financial Services environment and to respond to the challenges posed by the changing nature of the Financial Services Industry.
  • It should add value to the qualifying learner in terms of enrichment of the person, status, licensing and recognition.
  • It provides a framework for learners to develop competencies related to the Long-term Insurance sub-sector, which includes Life Benefits, Retirement Funds, as well as the Collective Investment sub-sector, Wealth Creation and Wealth Management.
  • It provides a balanced learning experience and an opportunity for learners to apply academic skills in relation to the workplace.
  • It is structured in such a way that it exposes learners to generic competencies required in the Financial Services Sector at Level 5 and allows for specialisation to meet the needs of different work roles.

Who should attend?

Intermediaries including, but not limited to, Financial Advisors, Personal Financial Planners, Financial Services Call Centre Agents, Client Service Providers, Brokers, Broker Consultants, Retirement Fund Consultants, Retirement Fund Administrators, Trust Fund Officers, Product Developers, Consultants who advise on product structures of Retirement Funds, Principal Officers, Trustees, Medical Scheme Consultants, Senior Administrators, Retail Managers who support Advisors and have a back-office function, Collective Investment Scheme Managers, Account Executives and Compliance Officers.

This qualification is ideal for:

  • Access to the Financial Services Industry.
  • Entry level financial advisors.
  • The Qualification is a holistic introduction to Wealth Management and Wealth Creation.

Learning programmes covered

Learning programme 1
Legislation, Ethics and Planning Principles
(40 Credits)
Legislative Impact on Financial Advisors/ PlannersLEGI6
Principles of Ethics in a Business EnvironmentPEBE8
Financial Planning Principles (Building the relationship)PFPP8
Financial Statements (Gathering the critical information)FS10
Long-term Product SolutionsLTPS8
Learning programme 2
Planning Tools and Tax
(40 Credits)
Tax Aspects: Wealth ManagementTAWM10
Estate Planning to Propose a Financial SolutionEP10
Retirement Planning to Propose a Financial SolutionRP10
Business Assurance to Propose a Financial SolutionBA10
Learning programme 3
Investment Principles and Economics
(30 Credits)
Basic Economic PrinciplesBEP5
Asset Classes & Basic Investment PrinciplesACBIP10
Collective Investment Scheme Product SolutionsCISP15
Learning programme 4
Financial Services Sector and Consumers
(20 Credits)
Business Management & Financial Risk AssessmentBMFRA8
Changing Nature of the Financial Services IndustryCNFS7
Medical SchemesMS5

Learning Material

Every single educational module on the curriculum has an accompanying Learner Guide, which includes prescribed reading, practical assignments, assessment activities and tutorial letters. In addition, a textbook is also prescribed to supplement the readings.

In the event that you are unable to understand a question, you can contact us and we will put you in contact with one of our Subject-matter Experts (SME) who will assist you with all your academic queries.


Fee per learning programme:

Facilitation: R 5 832.00
Distance Learning: R 5 364.00

Fee per learning programme:

The total cost will amount to 4 x R 5 832.00 = R 23 328.00

Distance Learning:
The total cost will amount to 4 x R 5 364.00 = R 21 456.00

Cancellation fee:

  1. In case of a cancellation after registration, but before material is received, a 50% cancellation fee will apply.
  2. A 100% cancellation fee (thus no refund) will apply if any material has been received.

Additional fees:

Please refer to the terms and conditions.


Registration deadline:

Registration for this qualification is open throughout the year for distance learning. Facilitated classes will be subject to sufficient numbers.

Payment deadline:

Payment needs to be made before the commencement of the learning programme.

Start date and end date:

  • For distance learners, this will not be applicable.
  • Facilitated classes will depend on sufficient number of registrations.

Accreditation and Certification


Moonstone Business School of Excellence (Pty) Ltd acknowledges that, certification in vocational education and training and the content of the certificate, are regulated by the National Board of Education and governed by the Higher Education Act, 1997 (Act No 101 of 1997) as well as Regulation 1 of the Regulations for the Registration of Private Higher Education Institutions, 2002 (hereafter referred to as “the Regulations”).

Institutional vocational education and training

Learners are awarded a qualification certificate upon the successful completion of all the learning programmes required for the qualification.

A student resigning without completing the qualification is given a certificate of resignation, which lists the completed studies and their grades. On request, learners may also be granted a certificate of completed studies while still continuing the programme. The specific qualification certificate will be issued by Moonstone Business School of Excellence.

Method of training

Admission Requirements

  1. Learners should be competent in Communication and Mathematical Literacy at NQF Level 4.
    • Knowledge, comprehension and application of the English language and Mathematics at NQF Level 4 (Grade 12 or equivalent level), are required.
    • Why? The medium of instruction is English and mathematical principles are applied in the learning programmes. In order to determine the curriculum for which a student may register, the APS point system applies.
  2. Learners also need to comply with the minimum APS Score for the qualification.
  3. Individuals who do not meet the entry requirements, can enrol with MBSE for one of the Long-term Insurance or Wealth Management Qualifications at NQF Level 4. After successful completion, they can continue with the NQF 5 qualification.
APS Score Table

The table below explains the minimum entry requirements for the
Higher Certificate in Wealth Management – NQF Level 5.

QualificationMinimum Statuary Entry Requirement
Higher Certificate in Wealth Management: NQF 5Pass National Senior Certificate (NSC): An achievement rating of 3 (40 – 49%) or better in four subjects, 24 APS points (see below), together with any other MBSE requirement.


  • The APS system allocates point values to the levels of achievement obtained for matric subjects;
  • Write down your relevant NSC (National Senior Certificate) subjects and the symbols obtained;
  • Allocate points according to the table below;
  • Add up the number of points you have to calculate the APS.

How to Register?

Each Learning Programme is an independent programme and one can enrol at any time for these learning programmes, however you cannot proceed with a next Learning Programme if the preceding Learning Programme has not been successfully passed. Registration is flexible and can be done 5 days a week for distance learning (subject to monthly registration windows) and facilitated learning. For facilitation, a minimum of 15 candidates are required.

Starting Date 
Distance learners:
Monthly registration windows
Facilitated learners:
Depends on sufficient number of registrations 



CHE Qualification: Learners must complete the full qualification to receive recognition of credits

Method of Training
Facilitated learning or distance learning

Class Attendance
Depends on chosen method of training

Qualification Duration
2 years

Admission Requirements
National Senior Certificate
(*Refer to APS Score)


R 21 456.00
(Distance Learning)

R 23 328.00
(Facilitated learning)
4 x R 5 832.00 per learning programme = R 23 328.00