This qualification reflects management roles in finance and mortgage broking where work is undertaken independently, through an aggregator, or involves managing a workplace team. At this level 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.
Licensing/Regulatory Information
No licensing or certification requirements apply to this qualification at the time of publication. However, some units will specify relevant licensing, legislative and/or regulatory requirements that impact on the unit. Refer to the FNS Implementation Guide Companion Volume for guidance on requirements.
These are the outcomes of graduates surveyed six months after completing their training for Diploma of Finance and Mortgage Broking Management
This course is eligible for a VET Student Loan from the Australian Government to assist you with paying for your tuition fees. Your initial debt amount (including the loan fee, if applicable) plus indexation must be paid back once you start earning over a certain amount. The compulsory repayment threshold for the 2016-2017 income year is $54,869.
For more information, visit the Department of Education and Training or StudyAssist.
For more information about financial support and subsidies for training, please refer to the Financial assistance page
Total number of units = 15
10 core units plus
5 elective units
The elective units consist of:
Of the remaining 2 units:
The elective units chosen must be relevant to the work outcome and meet local industry needs.
Core Units
BSBRSK401 Identify risk and apply risk management processes
FNSCUS501 Develop and nurture relationships with clients, other professionals and third party referrers
FNSFMB401 Prepare loan application on behalf of finance or mortgage broking clients
FNSFMB402 Identify client needs for broking services
FNSFMB403 Present broking options to client
FNSFMB502 Identify and develop broking options for client s with complex needs
FNSFMB503 Present broking options to client with complex needs
FNSFMB504 Implement complex loan structures
FNSFMK505 Comply with financial services legislation and industry codes of practice
FNSINC401 Apply principles of professional practice to work in the financial services industry
Elective Units
BSBINM401 Implement workplace information system
BSBMGT502 Manage people performance
BSBMGT517 Manage operational plan
BSBMGT605 Provide leadership across the organisation
BSBSMB405 Monitor and manage small business operations
BSBSUS501 Develop workplace policy and procedures for sustainability
BSBWHS303 Participate in WHS hazard identification, risk assessment and risk control
FNSFMB501 Settle applications and loan arrangements in the finance and mortgage broking industry
FNSORG502 Develop and monitor policy and procedures
FNSPRM601 Establish, supervise and monitor practice systems to conform with legislation and regulations
FNSPRM602 Improve the practice
FNSPRM603 Grow the practice
FNSRSK501 Undertake risk identification
FNSRSK502 Assess risks
FNSRSK602 Determine and manage risk exposure strategies
TAEDEL402 Plan, organise and facilitate learning in the workplace
| 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 |
|
| 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
|
|
| 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 | |
|
|
|
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 $54,869.
For more information, visit the Department of Education and Training or StudyAssist.
These are the outcomes of graduates surveyed six months after completing their training for Diploma of Finance and Mortgage Broking Management
Business, Human Resource and Marketing Professionals
Of those employed after training, were in the same occupation as their course.
| Destination after training |
This course |
Similar courses |
All Diploma courses |
|---|---|---|---|
| Employed or in further study after training (%) | 91.3 | 89.9 | 88.1 |
|
Employment outcomes:
Employed (%)
Full-time (%)
Part-time (%)
|
88.1
65.6
22.5
|
82.2
61.2
20.7
|
78.4
46.3
31.9
|
|
Further study outcomes:
Enrolled at University (%)
Enrolled at TAFE (%)
Enrolled at Other provider (%)
|
4.4*
0
8.8*
|
11.5
6.2
16.3
|
15.2
6.6
13.2
|
| Satisfied with the training (%) | 88.3 | 86 | 84.3 |
| Received job-related benefits from training (%) | 84.4 | 56 | 63.7 |
| Received personal benefits from training (%) | 88.1 | 93 | 94.8 |
| Achieved main reason for undertaking training (%) | 90.8 | 80.7 | 82 |
| Recommend the training to other (%) | 91.4 | 90.7 | 90.1 |
| Employment status |
This course |
Similar courses |
All Diploma courses |
|---|---|---|---|
| Median salary (Full-time) ($) | 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.
| Stream | Certificate II | Certificate III | Certificate IV | Diploma | Advanced Diploma |
|---|---|---|---|---|---|
| Insurance Services |
| Stream | Certificate II | Certificate III | Certificate IV | Diploma | Advanced Diploma |
|---|---|---|---|---|---|
| Financial Planning | |||||
| Banking and Credit Services | |||||
| Superannuation | |||||
| General | |||||
| Personal Injury Management Insurance | |||||
| Trust Administration | |||||
| Accounting |
Note: Information provided as a guide only. Chart developed by the Australian Apprenticeships & Traineeships Information Service (aatinfo.com.au). Information in this chart may be reproduced with acknowledgement of its source: "The Australian Apprenticeships & Traineeships Information Service (aapathways.com.au/jpc) funded by the Australian Government Department of Education and Training".
