ASIC specifies in RG146.4 that "all natural persons who provide financial product advice to retail clients must meet the training standards (unless they fall within certain limited exemptions)."
As such, current or potential advisers who will be providing retail financial product advice require an appropriate set of knowledge and skills in order to be able to apply their knowledge in specific practical situations. ASIC has set out a range of training standards that need to be satisfied by advisers which can be referred to on RG146.6 and RG146.7.
Source: Australian Securities and Investments Commission (July 2012), Regulatory Guide 146: Licensing: Training of financial product advisers (PDF), Australian Securities and Investments Commission, p. 4, archived from the original (PDF).
Why should I enrol
Paid work can be arranged during the study period to earn living expenses and to reduce the burden on the family.
For detailed information please refer to Work Placement Information.
The FNS50615 Diploma of Financial Planning provides various employment opportunities such as:
The FNS50615 Diploma of Financial Planning is a nationally recognised qualification under the Australian Qualifications Framework (AQF). The Diploma offers the skills and knowledge required to provide advice on financial products and services as set out in Regulatory Guideline 146 (RG146) and issued by the Australian Securities and Investments Commission (ASIC).
The Diploma of Financial Planning (FNS50615) is widely considered the 'minimum entry requirement' for students entering the financial services industry or transferring to a position where they are required to provide advice to retail clients.
Work Placement Information
This qualification provides a pathway to work in any hospitality industry sector as a departmental or small business manager.
International students can start legal employment in the third month of entering the hotel management profession.
International students can work legally for 20 hours a week, and the minimum hourly wage is no less than the legal wage in Australia.
It is expected that you can earn living expenses of ￥60,000 - ￥80,000 through legal employment during your studies in Australia.
Can be arranged to join the following hotel departments: Food and Beverage Department, Public Relations Department, Sales Department, Room Department, Front Office Department, Engineering Department, Finance Department, Personnel Department, etc.
Who should Enrol
wanting to enter or re-enter the financial services industry and require the minimum qualification to provide advice to retail clients
working within the financial services industry (in a non-advice providing capacity) and looking to improve your overall knowledge of the financial planning process, with the view to upgrading your existing skills or transferring to career as a financial adviser
Course Entry Requirement
This is an open entry course with no pre-requisite qualifications. In order for participants to successfully complete this course, it is recommended they have a strong grasp of literacy and numeracy.
We have designed our assessment activities in line with best practice standards to help you deliver quality advice outcomes to your clients.
Multiple choice knowledge test for each part.
Short answer responses to a practical case study.
Skills assessment, telephone based personal advice role play.
Australia's accounting profession is hailed as a high-paying occupation that combines high employment rates with immigration opportunities.
According to the latest data, the average annual salary of Australian accountants is $56,147 (nearly 290,000 RMB). By 2020, there will be more than 200,000+ accounting needs in the market, and employment prospects and opportunities are very exciting.
Australian average annual salary: equivalent to ￥290,000/ year