Advanced Certificate in Financial Planning (NQF 6)

ACFP advanced certificate in financial planning nqf 6

The Advanced Certificate in Financial Planning (ACFP) provides the skills and knowledge required to provide holistic financial planning services to the ‘man in the street’ and prepares you for further specialised studies in financial planning.

The ACFP also addresses the education requirement to obtain the FINANCIAL SERVICES ADVISOR™ (FSA™) designation awarded by the Financial Planning Institute of South Africa (FPI). Please visit: www.fpi.co.za for more information on ‘a career in financial planning’.

What will the qualification enable you to do?

Upon successful completion of the Advanced Certificate in Financial Planning a student will be able to:

  1. Apply knowledge of legislation, compliance and ethics in a financial planning context in South Africa.
  2. Examine and comment on the changing nature of the financial planning environment in South Africa in terms of structure and role players, regulation and consumer needs.
  3. Apply knowledge of legislation, taxation, economics and accepted financial planning principles to best meet the financial requirements and goals of an individual.
  4. Apply knowledge of legislation, taxation and business principles to advise an entity on insurance and investment solutions.

Who should apply?

Self-employed brokers, tied agents; or employed personnel rendering advice and/ or intermediary services who want to further their professional status as financial advisors.

Modules Covered

Module nameCompulsory / ElectiveCredit allocation of Module

Financial Planning Environment

Enables students to comply with and apply required legal principles to financial planning contexts and discuss current issues and changes, and the impact of such changes in the financial services industry.

Compulsory20

Business Management

Enables students to identify the systems and processes required to start and grow their financial planning practices, as well as put in place mechanisms for risk management and business continuity planning. Students will also be able to explain the importance of ethics and compliance in a financial services environment.

Compulsory20

Corporate Financial Planning

Enables students to evaluate the financial statements of a business in order to determine business assurance needs with specific reference to its structure, implementation, tax consequences and legal requirements. Students will also be able to explain the structure and workings of the different types of employee benefits, and to demonstrate an understanding of the South African healthcare system and its challenges.

Compulsory20

Personal Financial Planning

Provides the required skills and knowledge on time value of money calculations, the financial planning process, financial needs of individual clients and knowledge on tax and legislation to enable students to advise individual clients on taxation, personal financial management, personal risk and estate planning, investment planning and retirement planning needs in a particular scenario, as well as provide recommendations on appropriate instruments and products available to meet those needs.

Compulsory40

Financial Planning Case Study

Provides students with the ability to consolidate their skills and knowledge from the other modules in this programme and apply the technical knowledge of financial planning to client scenarios in order to make recommendations and give advice.

Compulsory20
Total credits:120

Learning Material

Students will have online access to their study material which will include a study guide, self-assessments and relevant additional resources.

Fees

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

Important Dates

Applications
Applications for Semester 1 closes 31 January
Applications for Semester 2 closes 26 June

Registrations
Registrations for Semester 1 closes 16 February
Registrations for Semester 2 closes 6 July

How to Register

Method of training

Online Training

Admission Requirements

An appropriate, accredited NQF Level 5 equivalent that provides students with the required literacy, numerical ability, and competence to undertake studies at NQF Level 6.
Individuals who do not meet the entry requirement for this qualification, can enrol with MBSE for the Higher Certificate in Wealth Management (HCWM) at NQF5.
After successful completion, they can continue with this qualification.

ASSESSMENTS

Students will have to complete online Formative Assessments and a final invigilated written Summative Assessment.

Accreditation and Certification

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
Students are awarded a qualification certificate upon the successful completion of all the studies 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, students 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.

overview

Starting Date
Semester 1: February 2020
Semester 2: July 2020


Method of Training
Online Learning

Qualification Duration
1 year Full-time
2 years Part-time

Admission Requirements
An appropriate, accredited qualification on NQF Level 5 (or equivalent) is required

The Advanced Certificate in Financial Planning (ACFP) provides the skills and knowledge required to provide holistic financial planning services to the ‘man in the street’ and prepares you for further specialised studies in financial planning.