CMM - Certificate in Money Management

Programme Name: Certificate in Money Management

Programme Overview

The Certificate in Money Management (CMM) is a practical Level 3 money management programme with a vision of ‘Assisting tauira to develop a positive relationship with money, for the benefit of themselves, their whānau and their communities’.

The ability to manage money is an essential life skill for all New Zealanders, regardless of their age or current income level. The CMM will develop this ability, which will assist tauira to make better informed decisions and help them reach their financial goals in life.


CMM Programme Content and Key Facts

The CMM consists of the following five core Kōnae Ako (modules):

Kōnae Ako (Modules)


Number of Assessments


Kōnae Ako 1

Māua ko te Moni

(Money and Me)

3 weeks


In this Kōnae Ako tauira analyse their attitude towards money and how this affects their financial habits. They identify changes they would like to make that they believe will help them to reach their life goals and aspirations. They will also identify factors which may impinge on their ability to reach those goals, and formulate strategies for managing change. 

Kōnae Ako 2

Āku Mahere Moni

(My Financial Plans)


4 weeks


In this Kōnae Ako tauira put plans in place to help reach their financial goals. They gain experience in budgeting, analysing spending against a budget, and making revisions where required. Tauira also look at methods for prioritising spending and planning for large expenditure.   

Kōnae Ako 3

He Whakapūmau Whare me te Whakahaere Nama

(Home Ownership and Debt Management)

4 weeks


This Kōnae Ako focuses on the uses and implications of personal debt. Tauira look at forms of personal debt and strategies to reduce debt levels. The second half of the kōnae ako looks at home ownership. This includes considerations involved in the decision to purchase a home and the process involved in making a purchase, as well as financing the purchase. 

Kōnae Ako 4

Ngā Pūtea me nga Whakangao

(Savings and Investments)

5 weeks


This Kōnae Ako introduces tauira to the range of investment options available to them to save for retirement or achieve financial freedom. An important component of the module involves understanding the concept of diversification as well as the need to develop an investment portfolio that aligns with the risk profile of the individual.     


Kōnae Ako 5

He Tiaki Rawa

(Wealth Protection)

4 weeks


In this final Kōnae Ako, tauira will learn about how to protect their asset base. They will consider the risks that they face and identify ways to manage them. Key topics covered include insurances, trusts, and estate planning. Emphasis is also placed on the role of professional advisers in supporting wealth protection.


Entry Criteria

  • Tauira must be at least 16 years of age (unless an exemption from attending school has been granted) at the commencement of the programme. An exemption from attending school may be granted by a person designated under sections 21 or 26 of the Education Act 1989, by a school principal from a school in which the prospective tauira is registered, or by the Chief Executive of the Ministry of Education. 
  • Tauira must be New Zealand citizens (or citizens of Australia, Tokelau, Niue, Cook Islands) or permanent residents.
  • Tauira must not exceed Study Load requirements. Specifically, tauira can only enrol in one full time programme at a time. They can be enrolled in an additional part-time programme if the academic workload has been considered achievable and the TEC EFTS limit is not exceeded.
  • Tauira may only enrol in more than one programme concurrently if the dual programme options are approved by Te Wānanga o Aotearoa.
  • Meet the eligibility, suitability for admission, and external support criteria as outlined in the programmes pre-enrolment guidelines.


Pre-Enrolment Guidelines         

A potential tauira must:

  • Meet the entry criteria;
  • Be a graduate of a Level 2 or Level 3 qualification (or equivalent) or demonstrate competence in a numeracy and literacy exercise that reflects the comprehension, writing and numerical abilities for the programme;
  • If enrolling in a delivery mode involving contact hours which are delivered online, tauira must have access to an internet-connected device that will allow them to participate in all aspects of the programme.  It is preferred that a tauira have their own device, but this aspect may include the use of devices at locations other than their home such as, e.g. Te Wānanga o Aotearoa computer labs and public libraries;
  • Attend an Information Session and an enrolment interview (these may be combined into one session); and
  • Be fully committed to completing the programme.

This programme is not available to international students.  


Tuition and Resource Costs

There are NO tuition fees for CMM. Participants will receive their own comprehensive set of CMM resources including detailed lesson plans and activity workbooks, and kōnae ako magazines. This programme is available at no cost to participants. 


CMM Delivery

Length:                                 20 weeks

Format:                Classroom-based. Each kōnae ako will be delivered by a kaiako (tutor); one class per week (3 hours) plus either one or two contact workshops per kōnae ako.

Location:              Nationwide

Start dates:         Semester A: Weeks beginning 25 February and 11 March 2019

                                Semester B: Weeks beginning 1 July and 15 July 2019

Intakes are subject to sufficient class numbers and are not always offered in all areas.




At the completion of the CMM programme tauira will graduate with the following qualification(s):

  • New Zealand Certificate in Personal Financial Capability and Financial Services (Level 3)
  • Te Wānanga o Aotearoa Certificate in Money Management


Potential Careers and Pathways

On completion of this qualification, graduates may progress to the New Zealand Certificate in Financial Services (Level 4), which has strands in banking, family/personal budgeting, and insurance. However it would also provide a strong foundation to launch a business, and so the following Level 4 qualifications should be considered by graduates of this programme;

  • New Zealand Certificate in Business (Small Business) Level 4
  • New Zealand Certificate in Business (First Line Management) Level 4
  • New Zealand Certificate in Business (Accounting Support Services) Level 4
  • New Zealand Certificate in Business (Administration and Technology) Level 4

Where can I do this programme?

Semester A & B:  TWoA Waitakere Campus 207 Lincoln Road, Henderson, Auckland
Semester B:  Te Whare Oranga o Parakai, Te Moau Ave, Parakai.

What further opportunities are there?

From the CMM you could progress through to Smart Steps to Business (SSB) or the Certificate in Small Business Management. (CSBM)
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