The School of Management at the University of the Free State (UFS) has an agreement with First National Bank (FNB) to train senior staff to comply in the Financial Advisory Intermediary Services Act (FAIS). This act determines that everyone who gives financial advice must at least have a diploma. The first six employees received their Baccalaureus in management leadership during the UFS autumn graduation ceremony.

From the left are Mr Jan van Jaarsveld, Prof Helena van Zyl (Director: UFS School of Management) and Mr Pieter Massyn. At the back are from the left Prof Tienie Crous (Dean: UFS Faculty of Economic and Management Sciences), Messrs Sieg Maier, Gordon Elphick, Howard Whitehead and Martin Ras.