Class of Business

This programme is designed for financial services providers, key individuals and representatives who need to complete Class of Business training in order to meet the competency requirements set out in the FAIS Act.

Financial services providers, key individuals and representatives are required to be trained and assessed on the product lines (classes of business) in which they intend to render financial services. These product lines include:

Short-term Insurance: Personal Lines
Short-term Insurance: Commercial Lines
Long-term Insurance
Pension Fund Benefits
Short-term and Long-term Deposit
Structured Deposits
Investments
Forex Investments
Health Services Benefits

The course is self-paced, and the duration will depend on your time availability up to a maximum of 12 months.

Available learning modes

Distance Learning Online

Milpark’s instructor-led online programmes combine flexibility with structured support. All content, activities, and assessments are accessible via our virtual learning environment. Students benefit from clear milestones, regular lecturer interaction, and the option to attend live or recorded classes - building a supportive and connected online community.

Minimum Admission Requirements

These courses have open enrolment, but proficiency in English is required. Applicants whose first language is not English may be required to provide proof of proficiency.

Offering

The following will be provided for each course:

Access to the online course page
Online material
Study plan
Access to the online tutor
Videos from industry experts to guide you through complex aspects of the material
Online activities to complete before attempting the assessments
Three attempts at each online assessment
Online verifiable certificate, available immediately on successful completion of a class

Certification

A short course certificate of completion will be issued, provided that you meet the minimum requirements for certification for this specific course. No CPD points will be allocated for courses completed for the sole purpose of meeting the competence requirement of Class of Business Training.

Please enquire with Milpark for the available options, should you wish to complete the Class of Business Training content with the purpose of meeting the CPD requirements of the FAIS Act.

Class of Business

Duration:
1 Year

Class of Business

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).

Checking your PC’s RAM

Watch our short video clip here to learn how to check your PC’s RAM.

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.

Get in Contact

We would like to help, select the option that suits your needs and we will get back within 24 hours.