Advanced Certificate in Financial Planning

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 ADVISORTM (FSATM) 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’. 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 HCWM students will be able to:

  1. Apply knowledge of legislation, compliance and ethics in a financial planning context in South Africa.
  2. EExamine 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.

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, applicants can continue with this qualification.

System and Other Requirements for Online Distance Learning:
(These requirements remain the responsibility of the student to arrange and maintain

General:

  1. Even though students can access their study material from any device connected to the internet, we strongly advise students to rather use an up-to-date and functioning computer,
  2. Stable internet connectivity at all times, at the place of study,
  3. Sufficient data to access study material and resources and to complete online assessments,
  4. Up-to-date Microsoft Office (Word, Excel and PowerPoint) and a PDF reader,
  5. Google Chrome as your internet browser, and
  6. A suitable environment in which to conduct online assessments.

Online webinars:

  1. We conduct online sessions via Zoom and/ or Microsoft Teams

Online Exams (where applicable):

  1. A functioning webcam,
  2. A functioning microphone,
  3. Fibre internet with minimum 10 MB up- and download speeds.

Duration

Full-time: 1 year
Part-time: 2 years

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 close on 31 January 2022
Applications for Semester 2 close on 27 June 2022

Registrations:
Registrations for Semester 1 close on 7 February 2022
Registrations for Semester 2 close on 4 July 2022

Method of training

Online learning (Material and submission will be done online)

Learning Material

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

Content

Students complete four compulsory modules.

Financial Planning Environment
Credits: 20
Enables students to comply with and apply required legal principles to financial plan- ning contexts and discuss current issues and changes, and the impact of such changes in the financial services industry.

Business Management
Credits: 20
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.

Corporate Financial Planning
Credits: 20
Enables students to evaluate the financial statements of a business in order to deter- mine 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.

Personal Financial Planning
Credits: 40
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.

Financial Planning Case Study
Credits: 20
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.

  • This qualification is offered on a Full-time and Part-time basis.
  • To be considered a full-time student, you must be enrolled in modules totalling 60 credits in a semester and 120 credits in the academic year. If you are enrolled in modules totalling less than 120 credits across the academic year and less than 60 credits in a semester, you are considered to be part-time student.
  • Full-time students can complete the qualification in one Academic year and Part-time students can complete it in 2 Academic years.

Schedule

Financial Planning Environment
Full-Time students: Semester 1
Part-Time students: Semester 1

Business Management
Full-Time students: Semester 1
Part-Time students: Semester 1

Corporate Financial Planning
Full-Time students: Semester 1
Part-Time students: Semester 2

Personal Financial Planning
Full-Time students: Semester 2
Part-Time students: Semester 3

Financial Planning Case Stud
Full-Time students: Semester 2
Part-Time students: Semester 4

Assessments

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

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”).

overview

Closing date for Applications:
Semester 1:  31 January 2022
Semester 2:  27 June 2022


Method of Training:
Online Learning

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

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.

FEES:
Click here for fees, payment options and finance providers.

At Moonstone Business School of Excellence, we are proud to offer greatly recognised financial planning courses. 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. A Financial Advisor Course: The ACFP also addresses the education requirement to obtain the FINANCIAL SERVICES ADVISORTM (FSATM) 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’. The certified financial planner course will prepare and enable students to assist companies and individuals create programs to meet long-term financial goals.

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