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Diploma of Finance and Mortgage Broking Management

FNS50311
Average Course Fee: Not available
Average Duration: Not available

This qualification reflects management job roles in finance and mortgage broking, including roles that are independent, undertaken through an aggregator, or involve managing a workplace team.

These are the outcomes of graduates surveyed six months after completing their training for Diploma of Finance and Mortgage Broking Management

88.3%

Satisfied with the training
84.4%

Received job-related
benefits from training
Finance Broker ( ANZSCO code 222112)
Expected job openings
Expected job openings are: average Low Below average Average Above average High
Average
25,400 persons were employed as Financial Brokers in 2015. Job openings over the next 5 years are expected to be between 10,001 and 25,000.
Average weekly full time earnings
Average weekly full time earnings are: above average Low Below average Average Above average High
Above average
Average weekly full time earnings before tax for Financial Brokers in 2014 are: $1,552. Average earnings for all occupations are: $1,200
Source: Department of Employment. For full details on Financial Brokers visit Job Outlook
This course may be subsidised in the following state and territories

  1. ACT
  2. NSW
  3. NT
  4. QLD
  5. SA
  6. TAS
  7. VIC

For more information about financial support and subsidies for training, please refer to the Financial assistance page

15 units must be achieved:

10 core units

plus 5 elective units.

3 elective units must be selected from the elective units listed below.

The remaining 2 elective units may be selected from the elective units listed below, any endorsed Training Package or accredited course. Elective units may be selected from a Certificate IV, Diploma or Advanced Diploma qualification.

Elective units must be relevant to the work outcome, local industry requirements and the qualification level.

Core units of competency:

  • FNSCUS501A Develop and nurture relationships with clients, other professionals and third party referrers
  • FNSFMB401A Prepare loan application on behalf of finance or mortgage broking clients
  • FNSFMB402A Provide finance and mortgage broking services
  • FNSFMB403A Present broking options to client
  • FNSFMB502A Identify and develop complex broking options for client
  • FNSFMB503A Present broking options to client with complex needs
  • FNSFMB504A Implement complex loan structures
  • FNSFMK505A Comply with financial services legislation and industry codes of practice
  • FNSINC401A Apply principles of professional practice to work in the financial services industry
  • BSBRSK401A Identify risk and apply risk management processes
  • Elective units of competency:

  • FNSFMB501A Settle applications and loan arrangements in the finance and mortgage broking industry
  • FNSORG502A Develop and monitor policy and procedures
  • FNSPRM601A Establish, supervise and monitor practice systems to conform with legislation and regulations
  • FNSPRM602A Improve the practice
  • FNSPRM603A Grow the practice
  • FNSRSK501A Undertake risk identification
  • FNSRSK502A Assess risks
  • FNSRSK602A Determine and manage risk exposure strategies
  • BSBINM401A Implement workplace information system
  • BSBMGT502B Manage people performance
  • BSBMGT515A Manage operational plan
  • BSBMGT605B Provide leadership across the organisation
  • BSBOHS303B Contribute to OHS hazard identification and risk assessment
  • BSBSMB405B Monitor and manage small business operations
  • BSBSUS501A Develop workplace policy and procedures for sustainability
  • TAEDEL402A Plan, organise and facilitate learning in the workplace
  • Read More

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    The following occupations relate to this qualification.

    Finance Broker
    Insurance Broker
    Insurance Broking Manager
    Mortgage Broker
    Mortgage Broking Manager
    The following industry sectors relate to this qualification.

    Broking
    Business Services
    Financial Services



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    Course fee: not provided $
    Duration : not provided  


    Training Provider Comparison

    Course summary
    This organisation only provides assessment services for this course
    For more information about this provider’s delivery of , please contact the training provider directly.
    Provider code:
    Course length:
    Study mode:
    Course available as an Australian Apprenticeship or Traineeship
    Course and additional fees information
    Course fees
    Duration
    Online delivery

    Online (training available online or via email submission)

    This provider has not supplied specific information about their delivery of

    Please contact them below for further details

    ENQUIRE NOW

    Training provider summary
    This training organisation provides:
      Delivery and assessment services.
      Assessment only services.
      Courses of study through Australian Apprenticeships and Traineeships.
      Recognition for prior learning.
      Financial assistance via VET Student Loans.
    Training provider type
    Registration status
    Subsidies
    This training provider is authorised to deliver subsidised courses in the following states and territories
    1. ACT
      ACT
    2. NSW
      NSW
    3. NT
      NT
    4. QLD
      QLD
    5. SA
      SA
    6. TAS
      TAS
    7. VIC
      VIC
    8. WA
      WA
    Training options
    This training provider offers courses in the following delivery modes:

    The following facilities are required at the training site:

    Offsite training is avaliable in the following locations:
    Within a radius of Km from
    Limited to the following cities:
    Limited to the following postcodes:
    Online (training available online or via email submission)
    Distance (training available via correspondence)
    Attendance required (training includes some fixed-time online lectures or fixed time class components)
    Fixed submission dates (assessment pieces have set submission dates)
    Self-paced (training has no set class times of set submission dates)

    Facilities
    Services
    Name
    Phone
    Fax
    Email
    Address
    Training organisation website
    Course enrolment webpage
    APPLY FOR THIS COURSE

    RTO Code: | Type: | Operating since
    Course fee: not provided
    Subsidies available
    VET Student Loan eligible
    Duration: not provided
    Available online
    This organisation only provides assessment services for this course
    *Information is provided by the RTO, no warranty is given by the Commonwealth as to the accuracy or reliability of the information.

    Course always available

    The following facilities are required at the training site:

    Offsite training is avaliable in the following locations:
    Within a radius of deliveryItem.Radius Km from
    Limited to the following cities:
    Limited to the following postcodes:
    Online (training available online or via email submission)
    Distance (training available via correspondence)
    Attendance required (training includes some fixed-time online lectures or fixed time class components)
    Fixed submission dates (assessment pieces have set submission dates)
    Self-paced (training has no set class times of set submission dates)

    This RTO can offer VET Student Loans for certain approved courses. A VET Student Loan is a capped loan from the Australian Government to help you pay your tuition fees. Your initial loan debt amount (loan and loan fee, if applicable), plus indexation, must be paid back once you start earning over a certain amount. The amount for the 2016-2017 income year is $54,869.

    For more information, visit the Department of Education and Training or StudyAssist.


    Contact information
    Name
    Phone
    Fax
    Address
    Training organisation website Campus website
    Student outcomes for Diploma of Finance and Mortgage Broking Management

    These are the outcomes of graduates surveyed six months after completing their training for Diploma of Finance and Mortgage Broking Management

    71.4%

    Of people who were not employed before starting their course were employed after completing it.
    Professionals
    56.7 %

    Business, Human Resource and Marketing Professionals

    Of those employed after training, were in the same occupation as their course.
    Professionals
    58.6%
    Professionals
    Clerical and Administrative Workers
    17.9%
    Clerical and Administrative Workers
    Managers
    15.7%
    Managers
    Median salary of those employed in their first full-time job
    (includes those employed prior to training)

    $56,300

    $52,200

    $44,300


    Destination
    after training
    This
    course
    Similar
    courses
    All Diploma courses
    Employed or in further study after training (%) 91.3 89.9 88.1
    Employment outcomes:
    Employed (%)
    Full-time (%)
    Part-time (%)
     
    88.1
    65.6
    22.5
     
    82.2
    61.2
    20.7
     
    78.4
    46.3
    31.9
    Further study outcomes:
    Enrolled at University (%)
    Enrolled at TAFE (%)
    Enrolled at Other provider (%)
     
    4.4*
    0
    8.8*
     
    11.5
    6.2
    16.3
     
    15.2
    6.6
    13.2
    Satisfied with the training (%) 88.3 86 84.3
    Received job-related benefits from training (%) 84.4 56 63.7
    Received personal benefits from training (%) 88.1 93 94.8
    Achieved main reason for undertaking training (%) 90.8 80.7 82
    Recommend the training to other (%) 91.4 90.7 90.1

    Employment
    status
    This
    course
    Similar
    courses
    All Diploma courses
    Median salary (Full-time) ($) 56,300 52 200 44 300
    Top Occupations (%):
    Professionals
    Clerical and Administrative Workers
    Managers
     
    58.6
    17.9
    15.7
     
    26.2
    24.4
    22.5
     
    30.7
    21.6
    14.5
    Top Industries (%):
    Financial and Insurance Services
    Professional, Scientific and Technical Services
     
    76.4
    6.4*
     
    14.9
    13.9
     
    28.6
    10.3

    Employment
    status
    This
    course
    Similar
    courses
    All Diploma courses
    Employed after training (%) - 92.3 89.3
    Median salary (Employed full-time) ($) - 54 900 46 800
    Enrolled in further study (%) - 32.5 33.3
    Satisfied with the training (%) - 86.4 84.6
    Achieved main reason for undertaking training (%) - 83.4 84.9

    Employment
    status
    This
    course
    Similar
    courses
    All Diploma courses
    Employed after training (%) 71.4 35.9 43.4
    Median salary (Employed full-time) ($) - 35 400 39 000
    Enrolled in further study (%) 13.2 41.4 40.1
    Satisfied with the training (%) - 84.4 83.8
    Achieved main reason for undertaking training (%) - 67.2 73.3

    Please Note:
    All statistics are supplied by the National Centre for Vocational Education Research.
    * The estimate has a relative standard error greater than 25% and therefore should be used with caution.
    ** NCVER does not report on estimates based on less than 5 respondents because the estimates are unreliable.
    For more information, please refer to the Statistics Explained page.

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    Financial and Insurance Services
    76.4
    Financial and Insurance Services
    Professional, Scientific and Technical Services
    6.4*
    Professional, Scientific and Technical Services