August 2017

We were thrilled when the Public Investment Corporation (PIC) appointed us to present our Financial Services Industry Overview Blitzcamp to 40 of the PIC’s newest employees as part of the PIC graduate induction programme.

The Academy’s Financial Services Industry Overview Blitzcamp is an introduction to the financial services industry and provides a big picture overview of the main role players, the flow of funds through the industry as well as savings and investment products on offer.

As part of the Blitzcamp, participants visited the JSE to get a better understanding of how Africa’s largest stock exchange works. A huge thank you to Ashraf Stemmet, Operations Manager at the JSE for making this possible. The group also paid a visit to the Bloomberg offices in Johannesburg. Bloomberg is a global provider of business and finance news.

Retirement Fund Trustee Education

The importance of truly independent trustee education is a no-brainer. Statistics from the 2015 Annual Report of the Registrar of Pension Funds at the Financial Services Board (FSB), show that more than 16 million South Africans trust some 14 000 retirement fund trustees with the safeguarding of their retirement savings of around R4 trillion.

For this reason the Academy has made retirement fund trustee education one of the cornerstones of its learning programmes.

The following independent and fully-sponsored retirement fund trustee education workshops are delivered to retirement fund trustees and principal officers across the country in partnership with the ASISA Foundation and the Batseta Council of Retirement Funds for South Africa:

Investment Fundamentals

Retirement Fund Trustee Governance and Ethics

Responsible Investing

Annual Financial Statement Analysis

Investment Policy Statement Formulation and Assessment

Employee Benefits

Death Benefits

In 2017 the Academy has seen unprecedented demand for all seven workshops, which are funded by the ASISA Foundation from grant funding received from sponsors. This funding approach ensures the independence of the education programme.

In August alone five workshops were presented in Johannesburg, one of them at the new Batseta Umthombo Wolwazi Learning Centre, which means “Fountain of Learning”. We love the welcome wall at the new centre, which welcomes visitors in all 11 official languages. 

Our ambitious IFA interns

Meet Lisa Paulse and Leston Dick, two of the four interns participating in our Independent Financial Adviser (IFA) internship programme who have already passed the FAIS Regulatory Exams for Representatives (RE 5). This is a noteworthy achievement since they are only six months into their internships.

The Academy’s IFA internship programme provides high potential black graduates who have a keen interest in financial planning with the opportunity to intern at established top performing IFA practices.  One of these practices is Core Wealth, based in Durbanville Cape Town, where Lisa and Leston are interning.

We paid them a visit last week and found two happy interns thriving in a high-performance environment. Pictured below are Leston and Lisa with Stephen Cole, a founding Director of Core Wealth and head of advice and research on Estate and Financial planning.

Appreciation for our Presenters

Our presenters are, without doubt, the backbone of the Academy. All of our high quality and practical learning solutions are designed and taught by senior industry experts who ensure that course material is informed by industry realities. These experts, all of them in leadership positions, do not charge for their services. They dedicate their time to the Academy and its students, because they want to be part of the change that is created by the Academy’s unique and highly effective learning environment.

To show our most regular presenters just how special they are and how much their dedication to the Academy is valued, the Academy held presenter appreciation events in Johannesburg in August and Cape Town in May.

Learning with the Academy

July 2017

As we welcomed our seventh intake of IMACS@TSiBA candidates last month, we also received the exciting news that Andile Dyonase, who was one of the Academy’s first IMACS@TSiBA candidates seven years ago, had passed his Level II CFA examinations. We are so proud of this ambitious and talented young man who is going all out to make the world his oyster. Andile interned with Coronation Fund Managers in 2012 and after graduating from the Tertiary School in Business Administration (TSiBA) he interned for another six months at the ASISA Academy. This talented individual then won a full tuition Kofi Annan Scholarship and attended the Business School Lausanne in Switzerland, obtaining his Master of Science in International Finance (cum laude). In October last year Andile was appointed financial analyst at a company in Belgium.

IFA Interns Excel

Two of the interns participating in our current Independent Financial Adviser (IFA) internship programme have passed the FAIS Regulatory Exams for Representatives (RE 5). This is a noteworthy achievement considering that both are only five months into their internships.

We recommend that all interns complete their RE 5 exams during their internships. The cost of the first attempt is sponsored by the hosting IFA practice.  

The IFA internship programme provides high potential black graduates who have a keen interest in financial planning with the opportunity to intern at established top performing IFA practices.  Interns participate in a structured programme that offers a powerful combination of work-readiness input, theoretical knowledge and practical work experience delivered by the Academy in partnership with the IFA practices.

Call for Help: Mentors needed for our IFA Internship Programme

The selection process for our third Independent Financial Adviser (IFA) internship programme starting in February next year will commence shortly. Given the success of this programme we are hoping to bring on board additional mentors to help guide our young interns.

We are looking for people who are passionate about developing and growing people with at least five years of industry experience in Cape Town and Johannesburg. You would have to be in a position to commit to at least one group mentoring session per year as well as one site visit per intern. In addition, there will be sporadic engagements with the interns, either telephonic, via messaging or face-to-face.

For more information on the IFA internship programme and the ASISA Academy, please click here. If you are interested in becoming a mentor, please contact This email address is being protected from spambots. You need JavaScript enabled to view it..

Learning with the Academy

  •       In July we presented an Investment Induction Blitzcamp for Sanlam Investment Management.

  •       Given the current unprecedented demand for our UCT CIS Short Course, we have scheduled an additional CIS course for this year in   Johannesburg. Click here for more details on this exciting course.

June 2017

In the first six months of this year more than 400 delegates participated in the Academy’s comprehensive offering of practical learning programmes designed around industry realities.
 
The content of the programmes, designed and taught by senior industry experts, is subjected to rigorous academic quality checks. This creates a unique and highly effective learning environment and the opportunity for candidates to interact with industry leaders.
 
The University of Cape Town endorses several of our short-courses while two of our programmes are delivered in partnership with TSiBA Education and the University of Johannesburg. In June we also submitted an application to the Department of Higher Education and Training (DHET) for registration as a private training provider, following our application in February to the Quality Council For Trades and Occupations (QCTO) for accreditation as a Skills Development Provider.
 
The following key target groups can benefit from our tailor made programmes:

  • Employees of ASISA member companies who are keen on developing their skills in an independent environment;
  • Representatives of industry stakeholders, including our regulator as well regulators from other African domiciles;
  • Black university graduates wanting to pursue a career in the savings and investment industry;
  • Interns participating in our Independent Financial Adviser (IFA) and the Collective Investment Schemes (CIS) internship programmes; and
  • Retirement fund trustees and principal officers.

Retirement Fund Trustee Education
 
The Trustee Education programmes, delivered by our team on behalf of the ASISA Foundation, is surpassing all expectations in terms of demand.
 
Having trained more than 300 trustees during the first half of this year we have exceeded the total number of trustees who learned with the Academy in 2016.
 
In June alone three Trustee Education programmes were presented in Johannesburg, including to the trustees of a number of Cosatu retirement funds. Key topics covered were:

  • Investment Fundamentals;
  • Retirement Fund Annual Financial Statement Analysis; and
  • Employee Benefits.

Developing black Independent Financial Advisers
 
Following our very successful information-sharing event in May for Independent Financial Adviser (IFA) practices participating in our second IFA internship programme, it was the turn of the interns in June.
 
The 21 interns currently placed with 16 IFA practices across Cape Town and Johannesburg were invited by the Academy to attend a feedback session with their managers. Each intern was asked to do a short presentation highlighting his or her learnings and experiences thus far. A group mentoring session followed the feedback session.
 
The IFA internship programme provides high potential black graduates who have a keen interest in financial planning with the opportunity to intern at established top performing IFA practices.  Interns participate in a structured programme that offers a powerful combination of work-readiness input, theoretical knowledge and practical work experience delivered by the Academy in partnership with the IFA practices.
 
We are super proud of Dineo Botsi, one of our 2017 interns, who is extracting maximum gain from this programme. She has been doing so well that she was featured in the Integrated Annual Report of her employer’s holding company. She was praised for her willingness to learn, attention to detail, and hard working nature.

Give your junior employees a head start
 
Our one-day intensive blitzcamps are designed to provide junior employees of ASISA members with a high-level introduction to relevant topics and can be offered as bespoke in-house learning programmes.
 
The following open blitzcamps will be presented in Johannesburg in September:

  • Financial Services Industry Overview
    An introduction to the financial services industry painting the big picture of how the industry fits together, describing the main role players, showing the flow of funds through the industry as well as the typical products offered by the various businesses.
  • Investment Management Business Overview
    An introduction to the investment business industry providing a broad overview of how an investment management business is structured and the workflow through the firm. 

For more information or to register your employees, please click here.
 
Expanding our reach
 
In June we met with the University of Stellenbosch to explore the creation of internship programmes in the savings and investment industry for their black graduates.
 
The Academy has already forged strong partnerships with the Tertiary School in Business Administration (TSiBA) and the University of Johannesburg (UJ). These collaborative programmes prepare black graduates for careers in the savings and investment industry through work-readiness bootcamps and internships. The effectiveness of this approach is evidenced by the 85% employment rate of black interns by ASISA member companies.

May 2017

The Academy has been a hub of activity this past month, and we are thrilled to be able to keep expanding on the success of our programmes.
 
Comparing notes on the IFA Internship Programme
 
We were excited to host an information-sharing event for representatives from Independent Financial Adviser practices participating in the Academy’s second IFA internship programme. This engagement, which proved hugely valuable, enabled practices to share their learnings with the Academy.
 
We were particularly pleased to receive affirmation from the IFA practices of how well prepared interns were following the Academy’s two-week work-readiness programme, which they completed before they started their internships in March.
 
We also used the opportunity to share with the IFA representatives the overwhelmingly positive feedback received from the intern survey conducted in April.
 
An important realisation for IFA practices has been that many of the interns are the first in their families to have achieved a degree and entered a professional occupation. Understanding this is significant in providing meaningful guidance to the interns.
 
There are 16 IFA practices across Cape Town and Johannesburg hosting the 21 interns that make up the 2017 group.
 
We are exceptionally proud of the fact that of the 2016 cohort of interns, eight were offered permanent employment by the IFA practices where they interned, while the remaining 11 found employment in the financial services sector or opted to further their studies.
 
The selection process for the 2018 intake will commence shortly. More information on the IFA internship programme is available from the Academy website.

IMACS@TSiBA
 
Another 13 students from the Tertiary School in Business Administration (TSiBA) participating in the Academy’s successful Investment Management Administration and Client Servicing (IMACS) programme (IMACS@TSiBA) have just written their mid-year exams. These students have been participating in the Investment Management Administration (IMA) elective with the Academy for the past 12 months.
 
If successful, these students will soon commence on five-month internships at sponsoring ASISA member companies towards the completion of their Bachelor of Business Administration degrees.
 
We are now in the process of finalising the new intake of IMACS@TSiBA students who will join us in July.

Learning with the Academy
 
We presented a number of successful short courses and blitzcamps in May, including the ever-popular UCT CIS Short Course in Johannesburg, as well as three of our bespoke in-house learning programmes. These included the hands-on Equity Analysts’ Bootcamp at Investec Asset Management, the Compliance Monitoring and Reporting Blitzcamp at Ashburton Investments, and the Sanlam Investment Induction Blitzcamp for Sanlam Investment Management.
 
We look forward to presenting another two one-day intensive blitzcamps in Cape Town this month, namely the Financial Services Industry Overview Blitzcamp on 13 June and the Investment Management Business Overview Blitzcamp on 14 June.
 
We will also be running a number of our in-demand Trustee Education programmes in Johannesburg in June, including the following:
 

  • Investment Fundamentals Masterclass on 21 June
  • Annual Financial Statement Analysis workshops on 21 June and 29 June
  • Employee Benefits workshop on 29 June

 
We would like to offer thanks again to our many sponsors, whose generosity has enabled so many individuals to access the training necessary to successfully accelerate their careers in the industry.

March/ April 2017

In March we were very excited to see 40 young graduates on two of our internship programmes move for the first time into the world of work. Having completed their rigorous work-readiness programmes with the Academy, they all commenced 12-month internships at 23 different employers including high-performing IFA practices and CIS Mancos. Our other programmes got into full swing in March with the first of our enduringly popular CIS and IMACS UCT Short Courses taking place in Cape Town. This was coupled with unprecedented demand for all 7 of our Trustee Education workshops with 177 trustees already having participated in the first quarter of 2017. We are greatly encouraged by the increase in demand for Trustee Education generally, not only geographically, with workshops taking place as far afield as Durban, East London, Ceres, Johannesburg and Cape Town but also the increased appetite from individual retirement funds for customised workshops thus enabling us to customise the content of the workshops to cater to the funds’ unique needs.

In April we ran a 5-day in-house Equity Analysts Bootcamp at the Old Mutual Investment Group (OMIG) for 9 OMIG trainee analysts. Our public Equity Analysts Bootcamp is scheduled to take place from 6 to 12 September 2017 in Cape Town. Registrations for this Bootcamp are open, please click here to enrol.

The Academy is currently recruiting a Programme Champion for our Life Insurance Claims Assessors Short Course. For more information please email This email address is being protected from spambots. You need JavaScript enabled to view it.

March 2017

The Academy’s start to the year has been full of young people eager to start working in our industry. In January the CIS@UJ programme, now in its third year, saw an unprecedented 50% increase in enrolment with the graduates now working as interns at ASISA member firms.

In January the Academy also hosted two graduation ceremonies in Cape Town and Johannesburg to celebrate the achievements of all the candidates who have successfully completed the UCT CIS, IMACS and Life Insurance Claims Assessors Short Courses. as well as the IMACS@TSiBA Programme and CIS@UJ Programme in 2016.

February saw the start of the second six month component of the IMACS@TSiBA Programme as well as the graduation of nineteen interns from the pilot of the IFA Internship Programme. The success of the IFA internships in 2016 has resulted in funding being made available for another year of this valuable programme. This saw the next round of IFA Work Readiness Bootcamps commence in February for interns in Cape Town and Johannesburg. As these interns start in their workplaces our focus shifts to mentoring them well to ensure their early careers get off to a good start.

Our Trustee Education team has hit the ground running in 2017 having already run ten workshops for one hundred and thirty six trustees. We are looking forward to growing the impact of the newer workshops in this space, particularly in the area of Responsible Investing and Death Benefits.

November 2016

November saw the launch of a further 4 workshops on the Academy’s Retirement Fund Trustee Education programme, which now offers South African Trustees a total of 7 topical workshops. Click here for more information.
 
As the year draws to a close the students on two of our longer term courses, the UCT Life Insurance Claims Assessors’ Short Course and the IMACS@TSiBA programme, earned their December holidays by writing their three-hour final exams.

An unprecedented number of graduates applied for our 2017 IFA Internship programme which saw the introduction of the Academy’s first “speed interview” session.

In Johannesburg 8 IFA practice managers interviewed 48 candidates for 3 minutes each – almost 400 interviews in 2 hours. The practices were able to effectively use these speed interviews to draw up short lists for a longer second interview. A similar session worked well in Cape Town too. We are grateful to the ASISA members for the continued support on our courses in 2016 and delighted at the strong demand already for many of our 2017 courses. Please click here to view the dates and locations for the Academy’s courses in 2017.

October 2016

The Academy’s pioneering highlights over the last month were the launch of our  Financial Sector Code (FSC) Workshops as well as a Responsible Investing (RI) workshop which is the seventh in our suite of carefully crafted workshops for South African retirement fund Trustees.

October also saw the successful delivery of the UCT CIS Short Course for the fifth time this year, an Investment Induction workshop at SIM and Trustee Education workshops for a number of funds including those of South African National Biodiversity International (SANBI), African Bank and the World Wildlife Fund (WWF). We concluded the first half of the IMACS@TSiBA programme and, after four months of exceptionally hard work at our Johannesburg campus, the UCT Life Insurance Claims Assessors’ Short Course had its final week of presentations. Candidates on both of these courses are now gearing up for their final exams which take place in November.

Thank you for learning with the ASISA Academy in 2016. To continue that journey in 2017 click here to view our full list of courses, venues, prices and deadlines.

August & September 2016

The months of August and September were highly productive months for the Academy with about 160 people attending a variety of programmes. 

In Cape Town the Academy welcomed back the IMACS@TSiBA candidates from their brief mid-term break. These students who are doing an elective in Investment Management Administration and Client Servicing with the Academy are full-time students at the Tertiary School in Business Administration (TSiBA) and are now nearing the end of their second year of the Bachelor in Business Administration degree. The Academy was also privileged to see its 2014/2015 cohort of IMACS@TSiBA students graduating at the Tertiary School in Business Administration (TSiBA) graduation.

Three short courses were delivered in Cape Town - the UCT Collective Investment Schemes (CIS) Short Course, the UCT Investment Management Administration and Client Servicing (IMACS) Short Course and the Equity Analysts’ Bootcamp.  The Academy also ran an in-house Investment Induction Blitzcamp for Sanlam Investment Management as well as the Investment Management Overview Blitzcamp.

In Johannesburg, the Academy ran a Group Communications Bootcamp for the Communications staff of Momentum & Metropolitan Insurance Holdings (MMI). The UCT Life Insurance Claims Assessors’ Short Course made significant progress and is now gearing up for its final week of the course before the candidates write their final exams in November. A variety of Retirement Fund Trustee Education (RFTE) Workshops were delivered to pension fund trustees of Batseta members and the World Wildlife Fund (WWF) including a 2-day Investment Fundamentals and Active Ownership Workshop to pension fund trustees of the Liberty Group. The very popular UCT Collective Investment Schemes (CIS) Short Course was also delivered as well as an Investment Management Overview Blitzcamp and a Financial Services Industry Overview Blitzcamp.

With the Independent Financial Advisor’s Internship (IFA) Programme well underway, face-to-face mentoring sessions took place in both Cape Town and Johannesburg with the 21 interns who are currently interning at 13 IFA practices.

July 2016

The Academy is excited to report that it is once again running the UCT Life Insurance Claims Assessors' Short Course' Short Course in Johannesburg. The course, now in its fourth year, commenced in July with 14 candidates.

The Retirement Fund Trustee Education programme continues to deliver engaging workshops for trustees in Cape Town, Johannesburg and Bloemfontein. Furthermore, the Academy welcomed its sixth cohort of IMACS@TSiBA candidates. These 13 students will be completing their elective in Investment Administration and Client Servicing with the Academy between July 2016 and June 2017, after which they will enter the workplace for the first time as interns with ASISA members.

Through its Independent Financial Advisor (IFA) Internship programme, the Academy is also mentoring 21 IFA interns who have been placed at 13 IFA practices in Johannesburg and Cape Town.

June 2016

During the month of June, the Academy ran a Financial Services Industry Overview Blitzcamp as well as an Investment Management Overview Blitzcamp in Cape Town to groups that were representative of a number of ASISA member companies. 
 
Customised in-house Blitzcamps included three Investment Management Blitzcamps to employees from the Maitland Group in Cape Town and one Investment Induction Blitzcamp to newly employed staff at Sanlam Investment Management (SIM) in Cape Town. 
 
Two of the academy’s presenters also delivered presentations on the Sanlam Vacation Work Development Programme 2016 - a programme for undergraduates. 
 
The academy delivered a Retirement Fund Trustee Education (RFTE) Workshop in Cape Town to Pension Fund Trustees of the Cape Peninsula University of Technology (CPUT) and in Johannesburg to Pension Fund Trustees of the Liberty Group. 
 
A very popular workshop was also run during the plenary breaks of the Batseta Conference in Durban, covering Conflicts of Interest and other ethical dilemmas facing Pension Fund Trustees. This initiative generated high levels of interest from participants for future academy RFTE Workshops. Phase 2 of the IFA Internship Programme commenced on 20 June with a 2-week Work Readiness Programme. The 15 carefully selected candidates will be embarking on their internship journeys with their respective host practices in Cape Town and Johannesburg on 4 July.

The Academy’s Jobs Connection Internet Portal went live during June. We look forward to seeing this venture succeed in the placement of many eligible young people..

May 2016

The Academy delivered the UCT CIS Short Course to a group of 13 candidates as well as a Retirement Fund Trustee Education Workshop for Batseta members in Johannesburg.

In addition, the Academy also delivered the Financial Services Overview Blitzcamp and the Investment Management Blitzcamp as bespoke in-house courses for the Maitland Group in Cape Town.

Sponsors began interviewing and selecting candidates for the next cohort of IMACS@TSiBA who will commence their course with us in July. The current cohort is writing their final exams in June.

Monitoring and evaluation of the IFA Internship Programme that started in February this year is taking place with visits to the practices as well as mentoring sessions with the interns. Preparations have also been made for the roll out of a second phase of the IFA Internship Programme. Additional IFA practices have come on board and have interviewed and selected suitable candidates in both Cape Town and Johannesburg. The second phase will commence on 20 June.

The Academy has developed an internet-based portal to assist graduates in finding employment. There are a large number of unselected applicants who either remain unemployed or take up employment outside of their field of study. The Academy’s Jobs Connections Portal will host the profiles of candidates who are eligible for employment in the financial services industry. Companies who are searching for suitable graduates can view these profiles and then approach the Academy for the full CV of the candidate/s they would like to interview.

April 2016

The Academy kept the wheels of learning in motion this past month with the delivery of several dynamic workshops.

Among its in-house programmes were two 2-day Blitzcamps for Sanlam Investment Management staff – one being the Sanlam Graduate Blitzcamp and the other an Investment Induction Workshop. A customised 1-day Investment Management Blitzcamp was also held for employees from the Maitland Group who have requested a repeat delivery to two additional groups in May and June. Yet another in-house programme, the Equity Analyst Bootcamp was run at Investec Asset Management over five days to their newly recruited employees. The feedback on all of these programmes has been overwhelmingly positive.

The participants in our April Retirement Fund Trustee Education Workshops were the trustees of the retirement funds of the Cape Peninsula University of Technology (CPUT), various COSATU funds and the South African Chemical Workers Union (SACWU).

A full day was dedicated to the first face-to-face mentoring session with our current group of IFA Interns.  It was encouraging to see the progress they had made since the work readiness programme in February. The Academy is deeply grateful to the IFA practices for their partnership on this pilot programme and for their sincere commitment to developing a pipeline of Black graduates into the IFA space.

The current cohort of IMACS@TSiBA students is approaching the end of their season with the Academy and preparing to start their 5-month internship at their ASISA member sponsor in July. These sponsors are now in the process of selecting their candidates for the next intake on this enduringly successful programme.

March 2016

Despite all the holidays in March, it was a productive month at the ASISA Academy. Our CIS@UJ and IFA interns completed their first month ‘on-the-job’ in the workplace and reports from their managers indicate that they are making steady progress. The IFA Internship Programme includes a structured mentoring programme and continuous close engagement between the ASISA Academy, interns and the IFA practices. Not only does this serve as a means of monitoring and evaluating the impact of this much needed initiative but it also provides sound support that will set each intern up for success.

The Academy is now working hard at marketing a second tranche of the internship to potential interns and IFA practices in Johannesburg and Cape Town. This next cohort of interns will commence in June. Please click here for more information on this exciting programme or to apply to be an intern or a host IFA practice.

The Academy was delighted to be approached by the Women in Finance Network (WIFN) about potentially mentoring young women in the financial services industry. The result of this was that the four young women, who had attended our CIS@UJ programme in 2015, were sponsored by WIFN to attend their March breakfast event with Nicky Newton-King, CEO of the JSE.  Following this event, these four newly-employed young black women will enter into a mentoring relationship with four carefully selected, experienced women in finance who have committed themselves to sharing their wealth of knowledge and expertise with them.

March also saw the successful delivery of both the UCT CIS and UCT IMACS Short Courses in Cape Town as well as two Retirement Fund Trustee Education workshops.

In store for April are a number of in-house Industry Overview Blitzcamps which have been customised for the relevant companies and a bespoke Equity Analyst Bootcamp for Investec following on the success of a similar programme for budding analysts at the Old Mutual Investment Group earlier this year.

February 2016

2016 got off to an exciting start for the ASISA Academy with graduation ceremonies for our 4 Short Courses run in partnership with UCT. We celebrated learning success with 23 graduates from our Claims Assessors, CIS and IMACS Short Courses in Cape Town and 22 graduates from our CIS and Underwriters Short Courses in Johannesburg. Adding to the excitement, 2 deserving graduates from the Underwriters and Claims Assessor courses were selected and sponsored by the industry to attend the International Congress of Life Assurance Medicine (ICLAM) in the Netherlands in May 2016.

Running from mid-January to mid-February, in partnership with the University of Johannesburg (UJ), was the Academy’s second CIS@UJ programme. This 6-month work-readiness/ internship programme for B Com (Investment Management) graduates was successfully piloted in 2015. Not only has the Academy received resoundingly positive feedback about the quality and effectiveness of the programme, but we are delighted to report that 100% of the interns from the 2015 group have now been permanently employed. Following on the success of this UJ programme, and in response to an identified need for more Black Independent Financial Advisors in South Africa, the Academy extended its collaboration with the university by piloting an IFA internship programme for UJ’s B.Com (Financial Planning) graduates. With the work-readiness component of both programmes completed in February, all of the interns have now commenced their 12-month workplace internships.

The IMACS@TSiBA programme continues steadily with the 2015/2016 candidates having passed the first component of their IMACS course in 2015. We have already seen strong demand from employers for both the 2016/2017 intake and even the 2017/2018 intake.

Following on the success of the Academy’s Retirement Fund Trustee Education Workshops in 2015, two workshops were delivered in February to trustees in Johannesburg and in Cape Town.

Toward the end of February the ASISA Academy also ran an in-house Equity Analysts’ Bootcamp for the Old Mutual Investment Group in Cape Town.

Coming up in March, the Academy will be delivering two of its most popular UCT-endorsed short courses – the Collective Investment Schemes (CIS) Short Course and the Investment Management Administration and Client Servicing (IMACS) Short Course. These courses will be running concurrently from Thursday 10 March to Wednesday 16 March. Click on the above links to register for these courses.

November 2015

753 people participated in the Academy’s 15 learning programmes in 2015. This brings to 4,415 the total number of alumni since inception. We continue to invent solutions to meet the unique skills needs of ASISA members and other industry stakeholders. We have been particularly encouraged by the success of the Retirement Fund Trustee Education programme where 376 trustees engaged in our workshops over the past year.
 
The Academy continues to formalise partnerships with SA universities to ensure that graduates are work-ready and that varsity curricula are tuned in to the changing needs of industry. In addition to the Academy’s vibrant partnerships with UCT and TSiBA, we also joined forces with the University of Johannesburg (UJ) in 2015.
 
 
In 2016 we are excited to be launching the following groundbreaking programmes.

Click here for more on the Financial Markets Practitioner Learnership, which combines the evening lectures of a robust UJ academic programme with on-the-job learning in ASISA members’ workplaces once students have completed an ASISA Academy work-readiness intensive. The Academy is sourcing potential graduates for ASISA members to consider as learners but companies can also place their existing staff on the learnership to maximise their B-BBEE scorecard points. 

Click here for more on the Independent Financial Advisor (IFA) Internship aimed at university graduates seeking career opportunities in the financial planning industry and established IFA practices who wish to host interns. The internship combines a work readiness programme with a 12 month internship in an IFA practice.

October 2015

The ASISA Academy learning calendar for 2016 is now available. Click here to view the locations, dates and fees for each course. We are continuously developing new programmes of which we intend pioneering two in 2016, namely the Financial Markets Learnership and an IFA Internship for graduates wishing to become independent financial advisors. To be kept informed of developments on both of these programmes please click here.

October saw the culmination of the teaching element of our two flagship life insurance courses. The UCT Life Insurance Underwriters and the UCT Life Insurance Claims Assessor Short Courses completed in Johannesburg and Cape Town respectively achieving highly successful learning outcomes for all the delegates involved. Along with our country’s matriculants, we wish our students all the best for their final examinations in November.

During October the Academy achieved recognition on two fronts. Our BBBEE rating improved from Level 4 to Level 2 and we were recognised by the Chartered Financial Analyst Institute as one of their internationally approved Exam Preparation Providers for both our CFA and Claritas Exam Readiness Programmes.

September 2015

The ASISA Academy is busy preparing a learning feast for 2016. An exciting menu of our fourteen existing courses is again being offered as well as a number of new offerings that we are busy preparing in the final quarter of the year. To whet your appetite (and to guide your budget setting) for 2016, the first of these is an investment administration learnership which we will be offering in Johannesburg and Cape Town in partnership with the University of Johannesburg (UJ) and the SA Institute of Stockbrokers. The learnership is a one-year programme commencing with a work-readiness intensive course followed by 11 months in the workplace during which the learners will be studying UJ’s Advanced Diploma in Financial Markets with evening lectures once a week.

The Academy will be delivering the lectures in Cape Town in partnership with UJ. So while for a number of years we have been delivering UCT short courses in Johannesburg, we will soon find ourselves in the position of also delivering UJ courses in Cape Town. An interesting tale of two universities not limiting their learning to the cities after which they are named. We are proud to be working in partnership with such forward-thinking institutions. For more information on this learnership please click here.

August 2015

August was the busiest month ever at the Academy with 10 different courses hosted in Cape Town and Johannesburg. During the month the Academy achieved a major milestone with the enrollment of student number 4000.

The Academy also successfully brought to market two new courses - the Discounted Cashflow and Decision Modelling Short Course and the Communicators’ Bootcamp. Bookings for the Retirement Fund Trustee Education workshops continue to accelerate with the labour union NUMSA booking five September workshops for their fund trustees in Tshwane, Johannesburg, Cape Town, Port Elizabeth and Durban.

Upcoming programmes:
The popular UCT Collective Investment Schemes (CIS) Short Course runs in Johannesburg from 14 - 20 October 2015. This 5-day intensive course addresses industry issues and business practices with industry experts sharing their knowledge and experience with the delegates. To enrol now in this course click here.

The Academy kept the wheels of learning in motion this past month with the delivery of several dynamic workshops.

Among its in-house programmes were two 2-day Blitzcamps for Sanlam Investment Management staff – one being the Sanlam Graduate Blitzcamp and the other an Investment Induction Workshop.  A customised 1-day Investment Management Blitzcamp was also held for employees from the Maitland Group who have requested a repeat delivery to two additional groups in May and June. Yet another in-house programme, the Equity Analyst Bootcamp was run at Investec Asset Management over five days to their newly recruited employees.  The feedback on all of these programmes has been overwhelmingly positive.

The participants in our April Retirement Fund Trustee Education Workshops were the trustees of the retirement funds of the Cape Peninsula University of Technology (CPUT), various COSATU funds and the South African Chemical Workers Union (SACWU).

A full day was dedicated to the first face-to-face mentoring session with our current group of IFA Interns.  It was encouraging to see the progress they had made since the work readiness programme in February. The Academy is deeply grateful to the IFA practices for their partnership on this pilot programme and for their sincere commitment to developing a pipeline of Black graduates into the IFA space.

The current cohort of IMACS@TSiBA students are approaching the end of their season with the Academy and preparing to start their 5-month internships at their ASISA member sponsors in July. These sponsors are now in the process of selecting their candidates for the next intake on this enduringly successful programme.

ORGANISATIONS THAT THE ASISA ACADEMY SERVES