Stockbroker Examinations

In light of recent developments with respect to COVID-19, including measures that the South African Government announced on 23 March 2020, the SAIS has taken a decision to postpone April and June 2020 examinations to August/September 2020. Please see the updated examination schedule below.

The Stockbroker Examinations for 2020 will be held as follows:

Exam 1st Semester
Applications open: 4 December 2019
Applications close: 6 March 2020
2nd Semester
Applications open: 4 May 2020
Applications close: 21 August 2020
Legislation 31 August 2020 N/A
Finance 7 September 2020 2 November 2020
Rules Part 1 28 September 2020 N/A
Rules Part 2 N/A 9 November 2020
Investment Advice and Portfolio Management 21 September 2020 16 November 2020
Taxation 14 September 2020 23 November 2020

Exam venues:

JohannesburgCape Town Durban
Altron - Bytes People Solutions
10 Philips Street,
2194, Gauteng, South Africa
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Boundary Terraces
1 Mariendahl Lane
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Gateview office park,
Altron Bytes People Solutions - DURBAN
(next to East Coast Radio)
2nd Floor, Gateview, 3 Sugar Close,
Umhlanga Ridge, 4319, Kwazulu-Natal, South Africa
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Please note that Legislation and Rules Part 1 are not available in the 2nd semester

  • The examinations are held in Johannesburg, Durban and Cape Town.
  • If candidates have not received their registration confirmation, at least a week before the exam, they must contact SAIS.
  • Access to course materials is granted only once full payment has been made.
  • To view the course and exemption fees, click here

    Important Notice

    • Owing to the vast amounts of knowledge and application required in the frequently-changing legislative landscape, the Rules curriculum has been split into 3 parts:
      1. Legislation: originally this has been part of the Rules Part 1 course. It has now been separated into a stand-alone course and will kick off each year and focus entirely on the legislative landscape, including FMA, FAIS, FICA, POPI, FATCA, AML, etc. This course will be 7 weeks long and will culminate in an open-book exam in April.
      2. Rules Part 1: the lectures for this content will begin straight after the Legislation subjects have concluded, and will culminate in a closed book exam in June.
      3. Rules Part 2: the lectures for this content will begin in July, and will culminate in a closed book exam in November.
    • Please note that there are no overlaps in content between Legislation, Rules Part 1 and Rules Part 2. For this reason, you can write them in any order (eg. you do not need to pass Part 1 to write Part 2). However, the exams for each of these 3 courses are written once a year only (not twice a year anymore).
    • Although it is not a requirement, we highly recommend that you complete Legislation first, as this will provide the bigger picture for you and a solid foundation from which to build for Rules Part 1 and Rules Part 2.

    Online registrations for the second semester have closed

    Click here to register as a user on this site.

    Click here if you have previously created a profile.

    Candidates who have registered and cannot make the exam date will forfeit their exam fee and will have to register for the next exam session. No exceptions will be considered.