up to 20% off in December - merry xmas! Contact us today 1300 009 924
FNS50615
Diploma of

Financial Planning

Download cCourse pack Enquire now
Start date
Enrol Anytime
Duration
12 months
Mode
100% online
Units
15 units

Summary

In partnership with
Financial planning is a highly regulated industry where basic certification and training must be met. A job role as a financial planner can set you on the path to a stable and fulfilling career, with options to open your own business, or work for a major Australian or international brand. To practise and provide advice to the public, a nationally recognised diploma is a necessity. Get the skills and qualifications you need to thrive in a career in finance.
 
In partnership with
Nationally recognised
Studying with Upskilled was a great experience, The trainers are very knowledgeable, and they attended to my queries well.
Kriti Chand
, Certificate IV in Accounting
Read the full testimonial

Detail

This comprehensive diploma will allow you to pursue a career in financial planning. Some of the skills a financial planner needs in a contemporary setting might be problem solving, analysis, evaluation and strict adherence to ASIC regulations. Learn how to develop and prepare financial plans and apply professional practices to work in the diverse and fast-paced financial services industry.
 
  • Course structure

    The course is conducted over a 12 month period; within a self-paced online learning environment. Upskilled uses MyUpskilled to manage the delivery and assessment of your course. This means you can learn at your own pace.

  • Entry requirements

    There are no formal entry requirements for this qualification.

    Students will need access to a computer, and the internet, and have basic computing skills. A Language Literacy and Numeracy skills assessment may be required before enrolment can be confirmed.

  • Inclusions
    Upskilled courses include specialised learning materials, and access to:
    • Upskilled’s fully customised online learning platform, MyUpskilled
    • Student Rewards Program
    • Student Support services
    • your trainer via the trainer/student messaging system
    • webinars; both live and recorded sessions
    • video content access via:
  • Recognition of Prior Learning (RPL)
    Work experience or formal qualifications you have may count towards your course. If you have previously undertaken study at a recognised institution or have some relevant work experience, you might gain credit towards specific units in a course; shortening the time you have to study. You can send your application for Credit Transfer or RPL during the enrolment process.
  • Assessment
    Upskilled takes evidence gathered from a variety of sources to deem a student as competent. Assessment processes might include some or all of the following:
    • Recognition of Prior Learning and/or credit transfer
    • summative and formative assignments
    • written reports and/or portfolio assessments
    • scenarios and/or case studies
    • projects
    • written/oral questions
    • regular training and assessment contact will be maintained by Upskilled in conjunction with the participant and their employer (where applicable). Critical dates during the program will be identified for participants to ensure compliance to assessment due dates, and attendance at monthly webinars as required.

Outcomes

This qualification provides a pathway to work in any sector of the Financial Services Industry.

Possible job titles include:

  • Financial Planner
  • Financial Advisor
  • Financial Investment Adviser
  • Financial Investment Manager
  • Financial Dealer and Broker
Additionally, this qualification could give you several career and/or further study outcomes. After completing this course, you could explore some of the following outcomes.

Subjects

This qualification consists of the following units of competency. All units of competency must be successfully completed to attain the qualification. 
  • BSBITU402
    Develop and use complex spreadsheets

    This unit describes the skills and knowledge required to use spreadsheet software to complete business tasks and produce complex documents. It applies to individuals employed in a range of work environments who require skills in creation of complex spreadsheets to store and retrieve data. They may work as individuals providing administrative support within an enterprise, or may be independently responsible for designing and working with spreadsheets relevant to their own work roles

  • FNSASICZ503
    Provide advice in financial planning

    This unit describes the skills and knowledge required to analyse client needs and provide advice ethically and professionally in financial planning, in compliance with industry regulations and codes of practice. It addresses the training requirements of current Australian Securities and Investments Commission (ASIC) and Australian financial services (AFS) licensing at Tier 1 level. It applies to individuals who use well-developed interpersonal skills and excellent communication and self-management skills to perform a specialist advisory role in financial planning.

  • FNSFPL501
    Comply with financial planning practice ethical and operational guidelines and regulations

    This unit describes the skills and knowledge required to comply with ethical and operational guidelines in one’s own work. It applies to individuals who use specialised knowledge to carefully review and check detailed information in their own work to ensure quality standards are maintained.

  • FNSFPL502
    Conduct financial planning analysis and research

    This unit describes the skills and knowledge required to undertake financial planning analysis and research. It encompasses evaluating a client’s current situation, identifying issues and researching requirements and parameters for extracting and analysing information, and summarising research information. It applies to individuals who, within their level of authority, apply specialised knowledge, systematic approaches and analytical techniques to research and prepare information customised for clients and/or situations.

  • FNSFPL503
    Develop and prepare financial plan

    This unit describes the skills and knowledge required to develop and prepare a financial plan that meets the client’s needs. It encompasses establishing plan objectives and scope, and developing strategic assumptions, strategies and a preliminary financial plan compliant with regulatory and organisational requirements. It applies to individuals who, within their level of authority, manage relationships, apply systematic approaches and use specialised knowledge to recommend customised solutions for a diverse range of clients.

  • FNSFPL504
    Implement financial plan

    This unit describes the skills and knowledge required to prepare and provide financial planning advice, which may include products, services and strategies. It encompasses establishing the actions, timings and priorities needed to implement and monitor or supervise the implementation of financial plan actions. It applies to individuals who work within a team environment using specialised knowledge, systematic processes and managerial techniques to complete required work.

  • FNSFPL505
    Review financial plans and provide ongoing service

    This unit describes the skills and knowledge required to monitor the implementation and progress of financial plans and establish ongoing client service arrangements. It encompasses discussing and confirming arrangements and procedures for ongoing service with clients, establishing procedures for providing ongoing service, and undertaking or supervising review of a financial plan. It applies to individuals, working within a team, who use specialised knowledge and managerial techniques to monitor and complete their own work and/or the work of others and to build relationships and rapport with others.

  • FNSFPL506
    Determine client financial requirements and expectations

    This unit describes the skills and knowledge required to determine the financial requirements and expectations of clients. It encompasses informing clients of the financial planning process and service, obtaining relevant information on their existing financial situations and expectations with respect to the financial planning service offered by the representative, and preparing and updating necessary documentation. It applies to individuals who manage relationships with clients and colleagues and use specialised knowledge and systematic approaches to determine a customised service.

  • FNSINC401
    Apply principles of professional practice to work in the financial services industry

    This unit describes the skills and knowledge required to identify industry professional approaches to procedures, guidelines, policies and standards, including ethical requirements, and to model and meet expectations of these in all aspects of work. It applies to individuals who work in senior roles in the financial services industry and underpins other specialist units used in all sectors of the industry.

  • FNSINC501
    Conduct product research to support recommendations

    This unit describes the skills and knowledge required to carry out research by interpreting available information, and analysing and reviewing research findings and activities to enable the determination of financial investment strategies and options. It applies to individuals who work in a range of financial services job roles involving research functions.

  • FNSIAD501
    Provide appropriate services, advice and products to clients

    This unit describes the skills and knowledge required to create rapport with clients, identify and analyse their needs, objectives and financial situation, and identify and present appropriate solutions, including completing and maintaining necessary documentation and providing after sales service. It applies to individuals working within enterprises and job roles who are required to advise on Australian Securities and Investments Commission (ASIC) Tier I products such as term deposits and personal, sickness and accident insurance products.

  • FNSASICU503
    Provide advice in superannuation

    This unit describes the skills and knowledge required to analyse client needs and provide advice ethically and professionally on superannuation in compliance with industry regulations and codes of practice. It addresses the training requirements of current Australian Securities and Investments Commission (ASIC) and Australian financial services (AFS) licensing at Tier 1 level. It applies to individuals who use well-developed interpersonal skills and excellent communication and self-management skills to perform a specialist advisory role in superannuation.

  • FNSASIC301
    Establish client relationship and analyse needs

    This unit describes the skills and knowledge required to interpret and comply with industry regulations and codes of practice when considering the characteristics of financial products and services for individual client needs. It applies to individuals with excellent communication skills who are authorised as Australian Securities and Investments Commission (ASIC) registered Australian financial services licence (AFSL) holders to provide advice on deposit products, non-cash payment facilities and general insurance products at Tier 2 level. Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. Refer to the FNS Implementation Guide Companion Volume or the relevant regulator for specific guidance on requirements.

  • FNSCUS506
    Record and implement client instructions

    This unit describes the skills and knowledge required to accurately record and implement instructions regarding financial investments from a range of clients including direct, shareholder, member, organisation, stockbroker, trustee, agent and intermediary, and provide appropriate after sales service. It applies to individuals who may provide leadership and responsibility for their own and others’ work outcomes.

  • FNSCUS505
    Determine client requirements and expectations

    This unit describes the skills and knowledge required to establish a client’s financial requirements and expectations in regard to financial investment products, and includes quotations, claims and requests for service or amendments. It applies to individuals who may provide leadership, guidance and responsibility for work outcomes.

Show all subjects

Educators

Enquire today

Sounds just like the course you're after? Speak with a career consultant to discover what it's like to study the Diploma of Financial Planning (FNS50615). Send us an enquiry and we'll get in touch.

Download course pack

Want to know all about this course? Get our course brochure to discover what it's like to study Diploma of Financial Planning (FNS50615). Submit your details and simply click 'Download'.

Enquire now

Start your next course with Upskilled. Enter your details in the form below.