Course Title: Apply principles of professional practice to work in the financial services industry

Part A: Course Overview

Program: C5205

Course Title: Apply principles of professional practice to work in the financial services industry

Portfolio: BUS

Nominal Hours: 30.0

Regardless of the mode of delivery, represent a guide to the relative teaching time and student effort required to successfully achieve a particular competency/module. This may include not only scheduled classes or workplace visits but also the amount of effort required to undertake, evaluate and complete all assessment requirements, including any non-classroom activities.

Course Code	Campus	Career	School	Learning Mode	Teaching Period(s)
SOSK5182C	City Campus	TAFE	650T TAFE Business	Face-to-Face

Course Contact: Clem Simonetto

Course Contact Phone: +61 3 9925 5426

Course Contact Email: clem.simonetto@rmit.edu.au

Course Description

This course covers the fundamental skills needed for employment and the application of industry and company procedures, guidelines, policies and standards in a daily work context within the financial services industry. 

It requires the application of an understanding of the industry and the way it operates to the work carried out by employees.  It involves demonstration of a working knowledge of company policy and procedures required to undertake day to day tasks.  It is the base unit on which the other skills required for work in the financial services industry are built.  It may be applied in all sectors of the industry.

Pre-requisite Courses and Assumed Knowledge and Capabilities

Nil

National Competency Codes and Titles

National Element Code & Title:	FNSICIND401B Apply principles of professional practice to work in the financial services industry
Elements:	1. Identify the scope, sectors and responsibilities of the industry
	2. Identify and apply financial services industry guidelines, procedures and legislation
	3. Manage information
	4. Plan work to be completed taking into consideration time, resources and other constraints
	5. Develop and maintain personal competency

Learning Outcomes

You will understand why and how documents, reports, data and numerical calculations are analysed, checked, evaluated and organised to meet a customer’s and/or organisational requirement.

You will learn how to present Information in a format appropriate for the audience.

You will plan work to be completed taking into consideration time, resources and other constraints.

You will learn how to develop and maintain personal competency.

Overview of Assessment

To achieve competency in this unit, you must be able to demonstrate the following.

• knowledge of products and services provided by the financial services sector.
• knowledge of relevant legislation, regulations and industry codes of practice applicable to the workplace.
• ability to analyse, evaluate and organise relevant information.
• ability to plan work taking into account any constraints and available resources.
• ability to identify and evaluate professional development opportunities.

Competence in this unit may be assessed over a period of time in order to ensure consistency of performance in the work environment.

For valid and reliable assessment of this unit, evidence will be gathered through a range of methods to indicate consistent performance. 
Assessment will include observation of processes and procedures, oral and/or written questioning on underpinning knowledge and skills and other methods as required. 
This unit may be assessed in the workplace or a simulated environment.