The Advanced Certificate in Short-term Insurance is ideal for career-orientated individuals within the short-term insurance industry who want to complete a qualification that provides an in-depth understanding of insurance practices in terms of technical subject matter and application skills.
The Advanced Certificate in Short-term Insurance programme is aimed at insurance staff working across all sectors of the industry and is a logical progression from Milpark’s Higher Certificate in Short-term Insurance. The programme provides an in-depth understanding of insurance practices in terms of technical subject matter and application skills.
This qualification will allow students to apply for professional membership to the Insurance Institute of South Africa (IISA) for the designation of Associate of the Insurance Institute of South Africa, provided that all other requirements are met. Application forms and the requirements for membership are available on the IISA’s website (www.iisa.co.za).
This qualification will also allow students to apply for Recognition of Prior learning with the international Charter Insurance Institute (CII), for the CII Diploma which includes the designation Dip CII, by completing two additional modules with the CII. (https://www.ciigroup.org/en/)
The programme would be suitable for:
Successful completion of this qualification should enable the student to:
The qualification consists of four compulsory and two elective modules with a total number of six modules, as follows:
|Module Name||Offered in||C/E||Credits|
|Short-term Insurance Environment||Both semesters||Compulsory||25|
|Risk Management 2||Both semesters||Compulsory||20|
|Liability Insurance||Both semesters||Compulsory||25|
|Commercial Property and Business Interruption Insurance||Both semesters||Compulsory||20|
|Motor Insurance||Semester 1||Elective –
|Management and Leadership* OR||Both semesters||20|
|Marketing Management Practice*||Both semesters||20|
|Commercial Underwriting||Semester 2||15|
*When deciding on electives, it is important to note that students cannot complete both Management and Leadership and Marketing Management Practice as electives for graduation purposes. Please see Rules of Progression for more information.
The minimum admission requirement is a Higher Certificate in Short-term Insurance (NQF 5) or an equivalent qualification in short-term insurance on NQF level 5 worth 120 credits or more. The equivalent qualification needs to be in the field of short-term insurance.
Any applicant who has a certificate other than a South African National Senior Certificate has to provide:
Milpark admits a small number of students onto its programme via Recognition of Prior Learning (RPL). Applicants interested in applying via RPL will be considered individually by the relevant Head of School.
|Admissions Close: 3 February 2023|
|Registrations Close: 16 February 2023|
|Admissions Close: 7 July 2023|
|Registrations Close: 15 July 2023|
Now that you've completed your Advanced Certificate, why not continue on your learning journey with us and apply for your BCom degree majoring in Short-term Insurance or one of our other BCom majors??