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NZ Certificate In Financial Services Level 5

Study Times 

 

The table below summarizes the qualification parts, and outlines the number of days that we have allocated for students to achieve the various modules and units of the New Zealand Certificate in Financial Services Level 5. 

It is intended as a guide and replicates the time frames that will be suggested in your Learning Plan.

The number of days accounts for the work involved, and allows for study on a part time basis, including assessment. Some allowance can be made for time between modules.

If you are struggling to meet these time frames we can arrange an extension on request - find out more here.....

 

ID

Title

Estimated TIme (Days)

Credits

 Assessment Type

AFA

Module 1 Core Knowledge (compulsory)

Financial markets, the advice process and products.

6.5 months

40 total

 

28363

Demonstrate understanding of financial services best practice, professionalism, and recognised advice process.

48

10

 Written Answers

28364

Demonstrate understanding and application of the regulatory environment for financial services.

24

5

 Written Answers

28365

Demonstrate understanding and apply research and analysis processes to develop fit for purpose financial solutions. advice and the products used by financial advisers.

75

15

 Written + Evidence

28366

Demonstrate understanding of financial markets and how factors in the economic environment impact on market participants.

48

10

 Written Answers

Choose at least 1 module from below. For those students wanting to gain AFA status you must complete the Core Knowledge + Financial Advice + Investment modules.

 

AFA

Module 2 Financial Advice Strand

4.7 months

30 total

 

26360

Demonstrate understanding of the legislative framework for financial advisers.

24

5

 Skills Exam

25650

Demonstrate the steps in the financial advice process relating to client relationships and gathering information.

28

6

 Skills Evidence 

25651

Demonstrate the steps in the financial advice process relating to the development and presentation of recommendations.

38

8

 Skills Evidence 

25652

Demonstrate the steps in the financial advice process relating to the implementation and review processes.

28

6

 S Skills Evidence  

25653

Apply requirements of regulations, professional practice standards, and operational guidelines as a financial adviser.

24

5

 Skills Evidence 

AFA

Module 3 Investment Strand

4    months

25 total

 

28375

Demonstrate understanding of investment concepts and the associated regulatory environment.

24

5

 Written Answers

28376

Demonstrate understanding of investment assets and apply appropriate assets to meet identified invest objectives.

48

10

 Written Answers

28377

Demonstrate and apply understanding of investment analysis technique used to test against predetermined requirements.

48

10

 Written Answers

 

Module 4 Personal Risk (Life & Health) Insurance Strand

4    months

25 total

 

28371

Demonstrate understanding of insurance concepts and principles and apply to life & health insurance situations.

24

5

Written Answers 

28372

Demonstrate understanding of Life & health insurance legislation, regulations, codes of practice and roles.

24

5

 Written Answers

28373

Demonstrate understanding of life & health insurance needs and products and apply products to meet client needs.

48

10

 Written Answers

28374

Demonstrate understanding of the creation, maintenance, claims, and review processes of life & health insurance.

24

5

 Written Answers

 

Module 5 General Risk Insurance Strand

4    months

25 total


28367

Demonstrate understanding of insurance concepts and principles and apply to general insurance situations.

24

5

 Written Answers

28368

Demonstrate understanding of general insurance legislation, regulations, codes of practice and roles.

24

5

 Written Answers

28369

Demonstrate understanding of general insurance needs and products and apply products to meet client needs.

48

10

 Written Answers

28370

Demonstrate understanding of the creation, maintenance, claims, and review processes of general insurance.

24

5

 Written Answers

 

Module 6 Mortgage Adviser (Residential Property Lending) Strand

3.2 months

20 total

 

28383

Demonstrate understanding of residential property lending and associated organisational and regulatory requirements.

24

5

Written Answers 

28384

Demonstrate understanding of residential property lending products and the borrowing needs they meet.

24

5

Written Answers 

28385

Demonstrate understanding of the residential property market and the impact on residential property lending.

24

5

 Written Answers

28386

Develop financial solutions to meet the needs of residential property borrowers and apply a loan application process.

24

5

 Written Answers

 Written Answers
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