insurance qualifications equivalence matrix for recognition ... - INSETA

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Qualifications issued by International bodies with a presence outside SouthAfrica, have been mapped as far as possible. SAQA (The South AfricanQualifications Authority) has a specialist department, the Centre for theEvaluation of Educational Qualifications (CEEQ) tasked with the evaluation ofoverseas qualifications with the aim of giving them levels of recognition in theSouth African context. Applications for the mapping of internationalqualifications will be entertained on their individual merit, and the process canbe initiated by visiting the SAQA website at www.saqa.org.za. In the top righthand corner of the home page, a menu item labelled : “Evaluation of ForeignQualifications” will lead to a download page with the necessary informationand application forms. Please note that the CEEQ division of SAQA does notentertain telephonic or e-mail applications.• If a Financial Advisor has been granted dispensation for certainmodules which constitute part of any of the full IISA qualifications, theFinancial Advisor is entitled to the credits allocated in the EquivalenceMatrix.• Short workshops or seminars are NOT eligible for credits. Thesecourses are presently classified as Continuous ProfessionalDevelopment. However, if these courses are based on registered NQFunit standards and assessments are done, the appropriate credits willbe awarded.• In-house and product-specific courses historically delivered byInsurance Companies are NOT eligible for credits. Where current inhousetraining is aligned to NQF Qualifications and Unit Standards,and NQF credits have been achieved, these credits will be valid for thepurposes of licensing.
Existing Insurance- related Qualifications in South Africa:AccreditationInstituteAll TertiaryAcademicInstitutions whichare accreditedwith the Councilon HigherEducation wherethe coursecontent isdirectlyapplicable to theFinancialServices IndustryQualification/ModuleB Com Degrees Including:B Com HRMB Com General ManagementB Com MarketingB Com BankingB Com BookkeepingB Com EconomicsB Com StatisticsB Com AccountingB Com Management AccountingB Com Financial ManagementB Com LawB Com Industrial PsychologyB Com Personnel ManagementB Com Systems ManagementB Com Business EconomicsB Com Applied InvestmentManagementB Com Sports ManagementB Com InformaticsB Com Information SystemsB Com Information TechnologyB Com Computer ScienceB Com Agricultural EconomicsB Com AuditingB Com Supply ChainManagementB Com Logistics and PurchasingmanagementB Com EducationB Com EconometricsB Com TaxationB Com Tourism ManagementB Com CommunicationB Com Transport EconomicsCourse Code orSAQA NLRDNumberSAQAEquivalence- See RemarksOutcomes /RemarksTheseQualifications willbe accepted in fullby the FSB tosatisfy the ColumnFour conditions ofthe Fit and Properrequirements in theFAIS Act . Forinformation phoneWarren Neale ofthe FinancialServices Board on012 428 8000
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