Contact us on 1300 200 705

FNS50315: Diploma of Finance and Mortgage Broking Management

FNS50315: Diploma of Finance and Mortgage Broking Management

$995.00

The Diploma of Finance and Mortgage Broking is ideally suited for people seeking to work as finance/mortgage brokers as well as those who provide lending information to customers. The qualification gives an excellent understanding of key issues and product information in the finance and mortgage broking industry, therefore enabling you to offer sound guidance to clients. It includes all the essential skills such as product knowledge, legal aspects and documentation required to implement a mortgage based loan. The program caters for students from a wide variety of organisational, professional and personal backgrounds.

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This course will focus on:

  • Understanding the key roles and responsibilities of a Finance or Mortgage Broker
  • Understanding the legislative and regulatory framework of the industry
  • Understanding and promote loan products
  • Gaining AFB (Accredited Financial Broker) status (note: other requirements must also be met, see MFAA website for further details)
  • Gaining a qualification recognised by industry bodies including the Mortgage & Finance Association of Australia (MFAA), the Finance Brokers Association of Australia (FBAA) and the Australian Institute of Mortgage Brokers (AIMB)

Fees

The program can be completed online for $995.00/$595.00* (annual fee) or through a workshop please see full details below.

* If you currently hold a FNS40815 or FNS40811 Certificate IV in Mortgage Broking, please upload a certified copy with your enrolment for our Academic Team to review for possible exemptions (reduce price may applies). 

* RPL price on application (pending number of units applying for RPL)

Who is it for?

This program is particularly appropriate for those who work in financial services and would like to progress to a specialist lending role. It is also, for those who would like to work as finance/mortgage brokers, working independently or with an aggregator or managing a workplace team.

Entry requirements

There are no prerequisites required for enrolling in this course. (if you hold a Certificate IV in Finance and Mortgage Broking, our team will design an individual program to suit you). 

How is the course delivered?

You can complete this course online or in a workshop environment. Workshops are limited and based on demand. To view our upcoming workshops, please click on the link below or contact us on 1300 200 705.

Face to face workshops

Looking to complete this qualification through a face-to-face workshop?

Find a workshop

Duration

We understand that each learner has individual requirements and likes to study at their own pace. We would expect this course to take anywhere from 6 to 12 months to complete.

Course requirements

To achieve FNS50315 Diploma of Finance and Mortgage Broking Management, you will need to complete the below:

  • 10 core units,
  • 5 elective units

Core units and electives

This course has a number of mandatory core units and a variety of electives from which you can choose

Core Units

All core units are compulsory.

Code

Unit Name

What will I learn?

FNSINC401 

 

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

 

  •  Identifying scope, sectors and responsibilities of industry
  • Identifying and applying guidelines, procedures and legislation
  • Identifying sustainability issues
  • Managing information
  • Participating in and facilitating work team activities
  • Planing work to be completed
  • Developing and maintaining personal competency

 

 

FNSFMK505

 

 

Comply with financial services regulation and industry codes of practice
  •   Identifying and applying organisational requirements of regulatory obligations
  • Identifying changes to regulations and procedural implications
  • Complying with any relevant industry or professional codes
  • Maintaining statutory records

 

 

FNSCUS501

 

 

Develop and nurture relationships with clients, other professionals and third party referrers
  • Develop professional business relationships
  • Build and maintain business networks and relationships
  • Nurture relationships and build on referral business for the long term

 

 

FNSFMB401

 

 

Prepare loan application on behalf of finance or mortgage broking clients
  • Compile necessary information
  • Prepare loan documentation
  • Present documentation for assessment
  • Maintain communication with relevant parties

 

 FNSFMB402 

 

Identify client needs for broking options
  • Educating clients and build rapport
  • Determining clients’ existing financial situation
  • Determining client goals and priorities with respect to broking services
  • Preparing necessary documentation follow up

 

 FNSFMB403 

 

Present broking options to clients
  • Gathering relevant information
  • Preparing appropriate options
  • Presenting options to clients
  • Negotiating effectively
  • Obtaining agreement to proceed

 

 

BSBRSK401

 

 

Identify risk and apply risk management processes
  • Identifying risks
  • Analysing and evaluate risks
  • Treating risks
  • Monitoring and reviewing effectiveness of risk treatment/s

 

 

FNSFMB502

 

 

Identify and develop broking options for clients with complex needs
  • Identifying complex broking needs of client
  • Researching and considering broking solutions based on client needs
  • Selecting and gathering appropriate options and information for client review

 

 

FNSFMB503

 

 

Present broking options to client with complex needs
  • Developing rapport with clients
  • Presenting broking options to clients
  • Negotiating effectively
  • Completing and maintaining necessary documentation
 FNSFMB504 

 

Implement complex loan structures
  • Organising implementation actions
  • Establishing appropriate procedures for implementation
  • Undertaking and/or supervising implementation

 

Elective Units

CODE Unit Name What will I learn?
  

BSBMKG501

 

Identify and evaluate marketing opportunities

  • Identifying marketing opportunities
  • Investigating marketing opportunities
  • Evaluating required changes to current operations
BSBSMB405 Monitor and mange small business operations
  • Developing operational strategies and procedures
  • Implement operational strategies and procedures
  • Monitor business performance
  • Review business operations
FNSPRM602 Improve the practice
  • Diagnosing the business
  • Benchmarking the business
  • Developing plans to improve practice performance
  • Implementing and monitoring plans
FNSPRM603 Grow the Practice
  • Develop marketing plan for practice
  • Develop practice promotion plans
  • Develop practice growth plans
  • Implement and monitor plan
FNSRSK502 Assess Risk
  • Develop risk evaluation criteria
  • Assess current exposure
  • Compare exposure with guidelines
  • Prepare probability assessment
  • Communicate with relevant internal and external stakeholders

Assessment information

Assessments for this course will be provided on your learner portal. There are a range of assessments which include quizzes, written task and/or case studies.