In a nutshell
Providing up-to-date insights into the financial services sector, this Diploma of Financial Planning (FNS50615) is an excellent introduction to the professional requirements of a financial planner.
On completion of all course modules, you will be qualified to provide personal advice and general advice to clients across key areas of financial planning including managed investments, securities, derivatives, superannuation and insurance, also known as RG146 Tier 1 financial advice. You must be issued with a Letter of Authority from an Australian Financial Services Licence Holder (AFSL) in order to provide advice in a professional capacity.
Launch your career in financial planning with Monarch Institute
What you’ll need
There are no formal entry requirements for this course; anyone can apply!
Recognition of prior learning (RPL) may be available for skills and knowledge obtained through previous study or other relevant experience.
In this financial planning course, the units of competency you may study include:
- FNSASICZ503 – Provide advice in financial planning
- FNSFPL501 – Comply with financial planning practice ethical and operational guidelines and regulations
- FNSFPL502 – Conduct financial planning analysis and research
- FNSFPL503 – Develop and prepare financial plan
- FNSFPL504 – Implement financial plan
- FNSFPL505 – Review financial plans and provide ongoing service
- FNSFPL506 – Determine client financial requirements and expectations
- FNSINC401 – Apply principles of professional practice to work in the financial services industry
- BSBITU402 – Develop and use complex spreadsheets
- FNSASICT503 – Provide advice in managed investments
- FNSASICW503 – Provide advice in securities
- FNSASICU503 – Provide advice in superannuation
- FNSASICX503 – Provide advice in life insurance
- FNSIAD501 – Provide appropriate services, advice and products to clients FNSINC501 – Conduct product research to support recommendations
- FNSCUS505 – Determine client requirements and expectations
- FNSCUS506 – Record and implement client instructions
- FNSFMK502 – Analyse financial market products for clients*
- FNSFMK503 – Advise clients on financial risk*
- FNSASICM503 – Provide Tier 1 personal advice in life insurance
- FNSASICV503 – Provide advice in derivatives
* These units are prerequisites for FNSASICW503 & FNSASICV503
RG146 Self managed super fund (SMSF) elective units
- FNSSMS501 – Invest self-managed superannuation funds assets
- FNSSMS505 – Support trustee in the selection and performance monitoring of outsourced services
- FNSSMS601 – Provide advice in self-managed superannuation funds
- FNSSMS602 – Apply taxation requirements when advising in self-managed superannuation funds
- FNSSMS603 – Apply legislative and operational requirements to advising in self-managed superannuation funds
Why Monarch Institute?
Monarch Institute specialises in providing innovative, engaging courses with a focus on practical application. Courses are designed by industry experts who use real-life case studies to illustrate abstract concepts and give students the skills to succeed in the real world. The institute regularly consults with accounting, bookkeeping, financial planning and business industry practitioners to ensure that course materials reflect industry needs. Whether you choose to study in the classroom or online, Monarch Institute will support your learning journey by helping you gain valuable industry insights to enhance your employability.
Melbourne – Level 10, 10-16 Queen Street, Melbourne VIC 3000
Sydney – 19-35 Martin Pl, Sydney NSW 2000
Brisbane – 71 Eagle Street, Brisbane QLD 4000
Perth – 140 St Georges Terrace, Perth WA 6000
Monarch Institute prides itself on encouraging and supporting students to meet their educational goals. Whether you choose to study in the classroom or online, you will be supported by a range of professionals who are committed to helping you succeed. All course materials have been designed with access and equity issues in mind, and assessment techniques reflect the needs of multiple learning styles.
Monarch provides an array of services for students, including personal, educational and vocational counselling services; disability assistance; language, literacy and numeracy assistance; and student welfare and guidance services. It also offers services for Aboriginal or Torres Strait Islander students and students with disabilities or special needs in order to support them in meeting their learning goals.