Wealth Management Qualification Level 5 Programmes

IHRM is now facilitating this programme via online meetings at a reduced cost.

The FAIS Fit and Proper regulations have introduced important regulatory examination requirements under the direction and management of the Financial Sector Conduct Authority (FSCA). This includes the requirement of a relevant qualification. This Wealth Management 120 credit qualification is regarded as relevant by the FSCA.

IHRM offers the unit standards-based Wealth Management qualification split over two programmes:

  • the Risk Skills Programme, and
  • the Healthcare Skills Programme.

Scroll down for the details and registration forms for each of these programmes.

Entry criteria for the qualification:

Matric certificate

Target Audience

These programmes are targeted towards healthcare brokers, medical scheme fund managers, medical scheme principal officers and trustees, and people working in the medical scheme administration environment.

Cost: R9 200 VAT exclusive per delegate

Programme Facilitation

The Minister of Higher Education met with the Universities South Africa (USAf) and the South African College Principals Organisation (SACPO), and the South African Students and have agreed on a common national Protocol and Management Plan across the sector. We do follow the protocol that has been agreed upon.

Wealth Management Health June 2020 Programme

Online Teams Meetings Facilitation

Time: 08:30 to 15:00

  • Tuesday 02 June 2020
  • Wednesday 03 June 2020
  • Tuesday 09 June 2020
  • Wednesday 10 June 2020
  • Tuesday 30 June 2020

Download  the registration form

Wealth Management Risk June 2020 Programme

Online Teams Meetings Facilitation

Time: 08:30 to 15:00

  • Thursday 18 June 2020
  • Friday 19 June 2020
  • Wednesday 01 July 2020
  • Thursday 02 July 2020
  • Friday 24 July 2020

Download  the registration form

 Wealth Management Healthcare Module

This programme consists of the following unit standards:

  • 242582 - Analyse the implications of the South African Government's National Health Policy and the potential impact on medical schemes Credits 10
  • 242575 - Conduct an in depth investigation into the current healthcare sector in South Africa using published data Credits 8
  • 242616 - Objectively evaluate the criteria that materially affect the performance of a medical scheme and its administration Credits 10
  • 242567 - Analyse the product design/structure of different medical schemes to evaluate the benefits of each scheme Credits 5
  • 242568 - Apply knowledge and insight of the medical scheme environment to evaluate risk in a selected medical scheme Credits 4
  • 242579 - Analyse the implications of current and/or proposed reform for the Retirement Fund / Medical Scheme sub-sector in order to formulate a possible response Credits 3
  • 242565 – Manage costs in a specific case with due regard for quality Credits 2
  • 242594 - Apply knowledge of the different asset classes in order to give financial advice Credits 4

Portfolio of evidence completion (assignment) – six weeks for submission

Exam – three hours once a competent portfolio has been achieved

Class of Business Training will be achieved on successful completion for medical scheme brokers

 Wealth Management Risk Module

This programme consists of the following unit standards:

  • 242580 - Apply scenario planning to explain potential risk in a specified financial services context Credits 6
  • 242573 - Determine the needs and wants of an entity in order to propose an appropriate financial solution Credits 4
  • 242601 - Apply a researched trend to individual financial risk Credits 5
  • 242554 - Research information in order to assist in conducting a financial risk assessment Credits 7
  • 230071 - Apply basic economic principles to the financial services sector Credits 5
  • 120075 - Demonstrate insight into current affairs in the Financial Services sector Credits 10
  • 230075 - Demonstrate knowledge and insight into the changing nature of the financial services industry and its consumers Credits 6
  • 119997 - Demonstrate knowledge and understanding of risk in a Financial Services environment Credits 5
  • 230077 - Describe the financial life cycle of an individual and how this influences financial decisions Credits 8
  • 230070 - Present an informed argument on a current issue in a business sector Credits 5
  • 242574 - Present a proposal to optimize the tax aspects of the wealth management of an entity Credits 4
  • 230078 - Apply the principles of ethics to a business environment Credits 10

Portfolio of evidence completion (assignment) – six weeks for submission

Exam – three hours once a competent portfolio has been achieved

The programmes are demanding and requires learners to commit to many hours of study to make the most of this experience and translating it into success.

This Wealth Management Quailification will be replaced by a Occupational Qualification: Financial Advisor. However the current qualification is still in place.

Customised course for employee benefits and long-term insurance

 

Training Date: 2/26/2019

Date: 2/13/2018