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FNS50320 Diploma of Finance and Mortgage Broking Management


  • Course Description

    This qualification reflects management roles in finance and mortgage broking where work is undertaken independently, through an aggregator, or involves managing a workplace team. Individuals are expected to apply theoretical knowledge and specialised skills in a range of situations and to display initiative and judgement in planning activities. They have autonomy in performing complex technical operations and may be responsible for the work of others within broad but generally well‐defined parameters, specially who wish to work as a Mortgage broker, Credit assessment officer, Customer service officer, Mortgage lender/representative.

    This course will provide an understanding of some of the critical aspects in the finance and mortgage broking industry while meeting the licensing requirements for mortgage brokers outlined in ASIC’s Regulatory Guide 206 (RG 206).

  • Course Entry Requirements

    Must be 18 years of age on commencement.

    Academic Requirement:

    Successful completion of Year 12 or equivalent and /or above.
    English Language (International Students):
    IELTS 6.0 or higher with a minimum score of 5.5 in each band Or
    Equivalent English level scores (e.g. PTE, TOEFL, EAP, CE etc.)

  • Course structure

    Total number of units is 8
    10 core unit
    5 elective units

  • Code Unit Name Type
    BSBRSK401 Identify risk and apply risk management processes Core
    FNSCUS501 Develop and nurture relationships with clients, other professionals, and third‐party referrers Core
    FNSFMB401 Prepare loan application on behalf of finance or mortgage broking clients Core
    FNSFMB402 Identify client needs for broking services Core
    FNSFMB403 Present broking options to client Core
    FNSFMB502 Identify and develop broking options for clients with complex needs Core
    FNSFMB503 Present broking options to client with complex needs Core
    FNSFMB504 Implement complex loan structures Core
    FNSFMK505 Comply with financial services legislation and industry codes of practice Core
    FNSINC401 Apply principles of professional practice to work in the financial services industry Core
    BSBMGT502 Manage people performance Elective
    BSBMGT517 Manage operational plan Elective
    BSBSUS501 Develop workplace policy and procedures for sustainability Elective
    BSBLED501 Develop a Workplace Learning Environment Learning Environment Elective
    BSBHRM512 Develop and Manage Performance Management Processes Elective

  • Course Duration

    This qualification is delivered over a period of one year.

    • 52 Weeks (including holidays)
    • 40 contact weeks

  • Mode of Delivery

    • Classroom based delivery (face – to – face)

    • Attend 20 hours per face – to – face full time study.

    • face – to – face delivery includes lecture, group activities, and pair work and class presentations

  • Assessment Methods

    • Combination of assessment tasks such as case studies, group tasks, written tasks, report and easy writing, presentation and practical demonstration.

    • Competency based assessment

  • Course fees

    Tuition Fee: $15,650 ($3,912.50 per Term)

    Application fees: $200 * Non-Refundable

    Material Fees: $100 Per term

  • Campus Delivered (according to PRISMS)