Occupational Certificate: Professional Principal Executive Officer

Principal Executive Officers are the executives of retirement funds in Southern Africa. They play an important role within the governance system of a retirement fund and are vital in the proper performance of the board of trustees.

The Professional Principal Executive Officer Qualification is the first occupational qualification which provides recognition of competence in learners who wish to formalise their education and experience with a view to enhancing their career prospects. This includes trustees and a wide variety of other employee benefits functionaries.

This qualification is a much-needed stimulus for the professionalisation of the role of the Principal Officer which has historically been unstructured and undefined. It will also support the transformation imperative as it enables learners to obtain a qualification which may have been inaccessible to working individuals, as well as those unable to satisfy traditional Higher Education access criteria.

This occupational qualification will form the apex of the retirement functionary learning path and will be linked to the Principal Officer Association (POA) professional designations.


A qualified learner will be able to:

  • Guide and monitor compliance with legislation.
  • Implement and monitor fund rules and Board approved policies.
  • Manage the operations of the retirement fund.

Who should enrol?

  • Current Principal Officers, trustees and retirement fund functionaries.
  • Employees working in a claims or employee benefits and compensation environment who have access to a retirement fund.

This occupational qualification is ideal for:

  • Professionals with demonstrable experience in retirement funds and a relevant qualification with a desire to follow this career trajectory.
  • Professionals that would like to obtain the professional designations offered by Batseta Council of Retirement Funds for South Africa (Batseta), a professional body for the profession. The learning pathway will include the Retirement Fund Trustee qualification.

Learning content

Theory Modules:

  • External regulatory framework for retirement funds, 17 Credits.
  • Implementation and monitoring of the internal regulatory framework, 7 Credits.
  • Operational, financial and investment requirements of a retirement fund, 10 Credits.
  • Fund Governance and Strategic Leadership, 16 Credits.

Totaling: 50 Credits

Practical Skills Modules:

  • Apply primary legislation to a retirement fund, 8 Credits.
  • Implement and monitor fund rules and board approved policies, 5 Credits.
  • Manage the operations of the retirement fund, 8 Credits.
  • Guide the board in its decision-making responsibility, 15 Credits.

Totaling: 36 Credits

Work Experience Modules:

  • Apply the external regulatory framework to the fund’s operations, 15 Credits.
  • Monitor adherence to fund rules and policies, 7 Credits.
  • Manage the deliverables of a retirement fund, 5 Credits.
  • Apply sound governance practices to the management framework of the retirement fund, 37 Credits.

Totaling: 64 Credits

Learning Material

All Learning Material will be provided.


MBSE Fees:
Tuition Fee – Facilitated: (2018): R24600 (excl. VAT) (divided into two parts, R12300 per intake)

Tuition Fee – Distance: (2018): R20200 (excl. VAT) (divided into two parts, R10100 per intake)

Batseta Fees:
Integrated Formative Assessment: R 1 500 (excl. VAT)

External Integrated Summative Assessment: R 4 500 (excl. VAT)

Accreditation and Certification


Moonstone Business School of Excellence (Pty) Ltd acknowledges that certification in vocational education and training and the content of the certificate are regulated by the National Board of Education and governed by the SAQA Act, 1995 (Act No 58 of 1995) as well as Regulation 1 of the Regulations for the Registration of Private Higher Education Institutions, 2002 (hereafter referred to as “the Regulations”).

Institutional vocational education and training

Learners are awarded an occupational qualification upon the successful completion of the EISA which will be set by the Assessment Quality Partner (AQP) Batseta.

The specific occupational qualification will be issued by the Quality Council of Trades and Occupations (QCTO).

Method of training

Contact Sessions will be arranged for sufficient student numbers

Distance learning
At MBSE we make use of an online platform for our Distance mode of Learning.


  • Students will complete Knowledge-based modules and practical application modules (similar to Case Studies) in order to prepare for the work-place modules (in the form of a Portfolio of Evidence).
  • Occupational Qualifications will require students to be working practically within the field of study for certain modules.
  • Continuous assessment by MBSE to prepare students for the Batseta Exams.
  • An Integrated Formative Assessment (IFA) which include a completed questionnaire and Portfolio of Evidence as well as an online Multiple-choice Assessment set by the AQP (Batseta)*.
  • An External Integrated Summative Assessment (EISA) set by the AQP (Batseta)*.

*Students register directly with Batseta for the IFA and EISA Exams after completion of the Moonstone Business School of Excellence modules.

How to register?

Nationwide applications are made online, via or Applications Portal.


Method of Training
Distance or Facilitated Learning

Qualification Duration
1 Year
(Learners have 2 years to complete)Admission Requirements
An NQF 5 Qualification (In Commerce / Finance / Law / Human Resources) or an equivalent qualification.


R 20 200
(excl. VAT)
(divided into two parts, R 10 100 per intake) (Distance Learning)

R 24 600
(excl. VAT)
(divided into two parts, R 12 300 per intake) (Facilitated learning)

External Integrated Summative Assessment (EISA): R 6 700** (excl. VAT)

**Please note that this fee is additional to MBSE’s Course Fee

Principal Executive Officers are the executives of retirement funds in Southern Africa. They play an important role within the governance system of a retirement fund and are vital in the proper performance of the board of trustees.