C5317 - Diploma of Financial Planning

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Plan: C5317 - Diploma of Financial Planning
Campus: City Campus


Program details
Purpose of the Program
Articulation and pathways
Entrance requirements
External accreditation and industry links
Student expenses and charges in addition to fees
Library, IT and specialist resources

Program details

Award title: Diploma of Financial Planning
Qualification national code: FNS50611
Nominal hours: 740
Career: TAFE
Duration: 1 semester
Location: City Campus
Owning school: Vocational Business Education (650T)
Owning school URL: www.rmit.edu.au/vocbused
CRICOS code:

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Purpose of the Program


The objective of the Diploma of Financial Planning is to expose you to a broad understanding of the financial services industry, its clients, products and legislation as financial services operate in Australia.

The Australian Securities and Investment Commission (ASIC), Regulatory Guide 146, sets out minimum training and education standards for product advisors. RMIT University is registered by ASIC to provide RG146 training Tier 1 to meet ASIC's generic and specialist knowledge and skills requirements.

The financial services industry stipulates that product advisors require the Diploma of Financial Planning and the additional ASIC Tier 1 product compliance modules, commonly referred to as RG146 compliance in order to satisfy minimum educational requirements. RMIT's delivery model for this program incorporates the additional five RG146 product compliance modules. This means you will be RG146 compliant upon completion of the Diploma of Financial Planning at RMIT.

The Diploma program at RMIT is designed to provide professional development and meets the minimum educational requirements to provide financial planning and specialist knowledge advice in five related areas: Life Insurance, Managed Investments, Superannuation, Securities and Derivatives.

The program focus is on developing financial services skills in client contact, product research, legislation application, codes of practice, identifying client needs, developing investment strategies and enabling you with the broadest range of possible employment options within this industry.

You may find employment in banking, funds management, superannuation administration, life insurance, financial planning, mortgage and finance, commercial lending or private funds management.


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Articulation and pathways

If you are a graduate of the Diploma of Financial Planning and you are applying for the Bachelor of Business (Economics and Finance) or the Bachelor of Business (Economics and Finance) (Applied) you may be able to claim credit for courses you have already completed. For the list of courses for which you may claim exemption and other details refer to the program guide for the programs, Bachelor of Business (Economics and Finance) or Bachelor of Business (Economics and Finance) (Applied) in the RMIT Handbook (htttp:www.rmit.edu.au/handbook).

Further information about pathways can be found at www.rmit.edu.au/study/applying-to-rmit/pathways

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Entrance requirements

The successful completion of a relevant Certificate IV level qualification and/or relevant work experience.

Equity admissions schemes

RMIT understands that people’s backgrounds and circumstances can affect their access to education and training. RMIT’s equity admissions schemes allow applicants to explain the circumstances that have adversely affected their education, and demonstrate their capacity for future academic success.

Further information is available at equity admissions schemes: http://www.rmit.edu.au/programs/apply

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External accreditation and industry links

The Diploma of Financial Planning program is designed to meet ASIC training compliance as outlined in Regulation 146 (RG146).  The content is designed to meet the requirements of obtaining an Australian Financial Services License or proper authority in providing financial planning advice, as well as the product areas of life insurance, investment management, superannuation, securities and derivatives.

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Student expenses and charges in addition to fees

Once you are enrolled as a student in this program you will need to allow for expenses other than university tuition fees.  Additional expenses may relate to the purchase of lecture notes, textbooks, stationery, consumables such as printer paper, fees levied by commercial internet service providers for internet access outside of the university campus, and other relevant costs.

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Library, IT and specialist resources

Library resources and services

Enrolling in a program at RMIT gives you access to extensive services, facilities and study space provided by the library.  You can access books, journals and other course related materials such as DVD's, past exams, newspapers and e-books.  Through RMIT's document delivery service you can request items from any library in the world.

Computers for study are available at every library site where you can access the internet, myRMIT (www.rmit.edu.au/myrmit) or library e-resources.  If you have a laptop you can access RMIT wireless network in the library.  Library staff can show you how to find information for assignments or you can work through web-based tutorials or use the online, "Ask a Librarian" service.

The library is continually expanding its electronic collection to make it easier for you to gather information when needed.  As an RMIT student you have unlimited access to quality electronic resources such as e-books, e-journals and newspapers.

You can find more information on library resources at www.rmit.edu.au/library 

Online learning tools and content

You can access online learning tools and content relevant to programs being studied at myRMIT www.rmit.edu.au/myrmit


RMIT provides a wide range of resources and opportunities to assist your learning and well-being so you can achieve your study and career goals. 

Services are available face-to-face and on line assisting with:

  • transition to tertiary study and learning
  • study skill
  • academic skills including literacy, numeracy and basic science if relevant
  • enabling assistance if you have a disability, long term medical condition or other form of disadvantage which may impact on learning
  • Opportunities for participating in arts, sport, recreation, fitness activities as well as student activism and university governance
  • career development and employment
  • living and well-being (including advice on health, housing and financial matters)
  • opportunities for scholarships, leadership and study abroad
  • opportunities for participating in art, sport, recreation, fitness activities as well as student activism and university governance

RMIT also offers a friendly and supportive environment if you are an indigenous Australian or a Torres Strait Islander.

More information is available at www.rmit.edu.au/students

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