Further Education and Training: Wealth Management


At Moonstone Business School of Excellence, we are proud to offer widely recognised Wealth Management courses. The Qualification is a holistic introduction to Wealth Management and Wealth Creation. It enables intermediaries to understand the Wealth Management environment, the legislative requirements and product-related information. Our qualification is aimed at students with less than four years’ experience, newcomers to the industry, or those who have lots of experience, but would like to brush up on their product knowledge. We developed the Skills Programmes, covered in this qualification, to provide intermediaries with more options to comply with the requirements of the FAIS Act.


  1. Sell Long-term Category A products (assistance policies including funeral policies), Long-term B1 and B2.
  2. Sell risk policies and guaranteed investments/ savings, recurring policies and annuities other than single premium annuities.


Students who require licensing in funeral plans, risk policies, long term B and guaranteed investments.


The full qualification of 150 credits is divided into Skills Programmes of approximately 30 credits each:

  • Each Skills Programme is an independent programme and one can enrol at any time for these Skills Programmes.
  • This qualification is unit standard based: students will receive credits for each Skills Programme they finish i.e. you do not have to finish the full qualification to receive credits.
  • At least three Skills Programmes are compulsory.
  • Two of the Skills Programmes are mathematics/mathematics literacy and communication literacy: students with a grade 12 certificate with mathematics and two languages present, will be granted possible exemption.
Skills Programme 1
242584Demonstrate 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 sub-sector24E
242593Explain South African money laundering legislation and the implications for accountable institutions in transacting with clients34C
119676Apply skills of customer care in a specific work environment44E
243137Demonstrate skills and techniques required to build a relationship with a client in a financial services environment34E
242655Demonstrate knowledge and understanding of ethical conduct in a business environment44C
117129Apply the regulations for disclosure required that are required as part of the financial sales process24E
120128Apply the law of contract to insurance34E
114966Explain the types of compulsory statutory insurance in South Africa23E
117126Apply knowledge and insight into aspects of the Long-term insurance Act, Act 52 of 199824E
114985Indicate how different needs lead to the development of different Financial Services products43E
114956Describe funeral insurance23E
Skills Programme 2
114970Manage risk in own life33C
114960Investigate the need to provide financially for own retirement33C
117137Describe group insured benefits24E
119478Analyse the different products available in the Long-term industry and the benefits of each54E
120124Demonstrate knowledge of insurable risk34E
243131Describe disability insurance solutions in the context of financial planning44E
243139Investigate dread disease products and their place in wealth management24E
243133Analyse current events reported in the media that could impact on wealth management104C
Skills Programme 3
117127Describe and apply the basic principles of personal income tax34F
117132Explain basic economics33C
117156Interpret basic financial statements44F
117158Investigate ways of managing financial risk in own lives54F
243134Investigate the range of options available for wealth management54C
243142Explain Capital Markets and Capital Market Instruments24C
243144Explain the structure of the financial services industry in South Africa43C
243148Explain Equity Markets and equity market instruments24C
243153Explain basic investment principles44C
243154Explain money markets and money market instruments24C
Skills Programme 4
7468Use mathematics to investigate and monitor the financial aspects of personal, business, national and international issues64F
9015Apply knowledge of statistics and probability to critically interrogate and effectively communicate findings on life related problems64F
9016Represent analyse and calculate shape and motion in 2-and 3-dimensional space in different contexts44F

*Note on Skills Programme 4: students who passed mathematics or mathematical literacy as a subject in Grade 12 with symbols A-E may be granted 16 credits through concession against these fundamental unit standards at Levels 3 and 4.

Skills Programme 5
Communication & Additional South African Language
119457Interpret and use information from texts53F
119459Write/present/sign for a wide range of contexts54F
119462Engage in sustained oral/signed communication and evaluate spoken/signed texts54F
119465Write/present/sign texts for a range of communicative contexts53F
119467Use language and communication in occupational learning program53F
119469Read/view, analyse and respond to a variety of texts54F
119471Use language and communication in occupational learning program54F
119472Accommodate audience and context needs in oral/signed communication53F

*Note on Skills Programme 5: Students who passed English as a first language as a subject in Grade 12 with symbols A-E may be granted 20 credits through concession against the Communication Unit standards at levels 3 and 4. Students who passed an additional South African Language other than the language of business (English) as a first, second or third language as a subject in Grade 12 with symbols A-E may be granted 20 credits through concession against the Communication Unit standards required as a second language at level 3.

Skills Programme 1 – Compulsory
(31 credits)

The majority of these Skills Programmes mainly consist of legislation like FAIS, FICA, Law of contract, Long Term Insurance Act (LTIA) and compulsory statutory insurance. Students will learn to apply skills of customer care, client relationships, needs analyses and funeral insurance.

Skills Programme 2 – Compulsory
(32 credits)

Students will demonstrate knowledge and understanding of insurable risk, describe group insured benefits and disability insurance solutions, analyse Long-term products and the benefits of each and how current events in the media, could impact wealth management.

Skills Programme 3 – Compulsory
(34 credits)

Students will have the knowledge to explain basic economics, capital markets and instruments, equity markets, basic investment principles, money markets and instruments. They will learn to investigate a range of options available for wealth management, describe and apply the basic principles.

Skills Programme 4 – Elective
(16 credits)

Students who have passed mathematics in grade 12 will possibly be granted exemption.
If you are not granted exemption, you will learn to apply knowledge of statistics and probability as well as use mathematics to investigate and monitor the financial aspects of personal/ business issues.

Skills Programme 5 – Elective
Communication and additional SA Language
(40 credits)

Students who have passed two languages in grade 12 will possibly be granted exemption.
If you are not granted exemption, you will learn to read, interpret and use information from texts as well as write and engage in oral communication.

Learning Material

  • Learning material is developed for outcome-based training and is developed in conjunction with industry requirements.
  • Learning material is continuously updated with any changes in the market place.
  • Learning material is easy to access and easy to understand without facilitation.
  • Learning material only available in English.


Payment is made per Skills Programme. A discount will apply if the full qualification is paid upfront. Please contact our office for more information: help@mbse.ac.za



Applications are open throughout the year.

Accreditation and Certification


The Qualification consist of Fundamental, Core and Elective Components. To be awarded the Qualification, students are required to obtain a minimum of 150 credits in line with the component requirements. Certification will occur as soon as all the relevant unit standards toward the qualification have been completed, verified and endorsed by INSETA and uploaded onto the National Learner Records Database (NLRD).

Method of training

Admission Requirements

    Students must be able to read and write.

How to Apply?


  • After completion of the Portfolio of Evidence, the students will either courier the proof of evidence to the Assessor or upload on LMS for assessment. Once assessed and the students is found Competent in all the Skills Programmes, MBSE will contact the candidate to arrange for a closed-book Summative Assessment.
  • Additional assignments will be handed in on the day of the Summative Assessment.
  • Should the candidate be unsuccessful in the Skills Programmes on the Portfolio of Evidence, MBSE will contact the candidate to apply for a rewrite on these Skills Programmes.
  • Once Competent MBSE will arrange for the Summative Assessment.