Higher Certificate in Financial Products

This qualification is designed for financial services professionals needing a qualification for FAIS Fit and Proper purposes in specific insurance subcategories, administrative staff aiming to transition to representative roles, and representatives advising on basic risk and savings products.

This industry-oriented qualification aims to equip representatives, as defined by the Financial Advisory and Intermediary Services Act (FAIS Act), with the introductory knowledge and practical techniques needed for advising clients on basic risk products. It is primarily targeted at representatives in Long-Term and Short-Term Insurance who need to understand relevant legislation, products, and personal-selling skills to succeed.

Recognized by the Financial Sector Conduct Authority (FSCA) for FAIS Fit and Proper purposes, the Higher Certificate in Financial Products provides the necessary knowledge and skills to advise clients on products in Long-Term Insurance subcategories A, B1-A, B2-A, and Short-Term Insurance Personal Lines A1 of BN 194 of 2017.

The curriculum emphasizes general principles of long-term and short-term insurance and their application within the financial services industry.

Accreditations

Programme Structure

Core Modules

Regulatory Environment
Risk Products
Personal Selling Skills
Insurance – Environment and Concepts

Please refer to the factsheet for a detailed breakdown of modules.

Elective Modules

Investment and Savings Products
Personal and Commercial Lines for Call Centers

Available learning modes

Distance Learning

DL is a flexible, self-paced study mode for independent learners who prefer minimal online interaction. Students rely on textbooks and study guides, with optional access to online resources. Ideal for those with limited internet or who prefer offline study, DL offers lecturer support with less frequent engagement, allowing learners to manage their own progress.

Minimum Admission Requirements

For entry into the Higher Certificate, candidates require a Senior Certificate (SC) or a National Senior Certificate (NSC), as certified by Umalusi, with at least a pass in English, the language of instruction at Milpark Education.

Higher Certificate in Financial Products

Next start date: 22 February 2027

Duration:
1 Year

NQF:
Level 5

Credits:
120

SAQA ID:
97754

Higher Certificate in Financial Products

Programme Downloads

Financial Services

Frequently Asked Questions

Does NSFAS fund Milpark Education?

NSFAS only covers public institutions and TVET Colleges. As a private higher education institution, Milpark Education does not offer NSFAS funding. However, we provide select bursaries and work closely with Capitec to offer financial aid to prospective students. Learn more about our Capitec partnership here.

Does Milpark offer bursaries?

Yes, Milpark Education offers bursaries based on academic performance and financial need. Applications typically open in September and close in November for the following year. Please note, bursaries are not available for the Postgraduate Diploma in Accounting (PGDA/CTA) and Advanced Accounting (Bridging Short Course to PGDA/CTA).

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Can I study at Milpark Education while working full-time?

Yes, at Milpark Education, our distance online learning programmes allow you to plan and structure your studies around your life and commitments. Our courses and resources are designed to support and empower you to achieve your learning and career goals while balancing your full-time job.

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