Qualification Outline

Date retreived
22/07/2026 7:38 AM AWST

Whilst all efforts are made to provide accurate and timely information from the relevant source/documentation, please be aware that the information supplied may not be the most current version. The accuracy of the detail has not been confirmed by the Department and therefore should not be relied upon without first confirming the contents.

Diploma of Financial Markets

Diploma of Financial Markets

Qualification
National Code:
FNS51020
State Code:
BFF3
TGA Status:
Replaced
DTWD Status:
Replaced
National Endorsed, State Implementation and Classification
Field of Education
0811 - Banking, Finance And Related Fields
Original TGA Release Date
01/07/2020
Approved Date
22/04/2021
Stream of Study
Initial Vocational (3100 - 3600)
VET Act Classifier
C
Nominal Hours
560
Duration
1 Semester
Current Release Number
2.00
Current Release Date
12/02/2021
VET Act Conditions
—
Releases
Release Version Release Date TGA Status DTWD Status
2.00 12/02/2021 Current Approved
1.00 01/07/2020 Replaced Approved
Description

This qualification reflects job roles in financial markets involving duties in the areas of client advising, operations and trading. Individuals in these roles have autonomy in performing technical operations, apply solutions to a range of often complex problems, and research, analyse and evaluate information from a variety of sources. They apply initiative to plan, coordinate and evaluate their own work and provide guidance to others.

Licensing/Regulatory Information
No licensing, legislative or certification requirements apply to this qualification at the time of publication.

Schedule
Packaging Rules
Total number of units = eleven (11)
- six (6) core units plus
- five (5) elective units of which:
- three (3) units must be selected from the electives listed below,
- two (2) units may be selected from the remaining listed electives or from a Certificate IV, Diploma, or Advanced Diploma in any currently endorsed training package or accredited course.

Elective units must be relevant to the work environment and the qualification, maintain the overall integrity of the AQF alignment and contribute to a valid vocational outcome.
1. Core Units

All six (6) units must be completed.

State Code National Code Title Hours Type
OBR81 FNSFMK521 Analyse financial markets and information 60 Unit of competency
BBH69 FNSINC504 Apply ethical frameworks and principles to make and act upon decisions 35 Unit of competency
OBR80 FNSFMK522 Apply financial product knowledge in the context of the deal transaction cycle 45 Unit of competency
OBR88 FNSFMK416 Conduct work within financial markets compliance framework 35 Unit of competency
OBR54 FNSFMK524 Conduct work within financial markets organisational risk management framework 55 Unit of competency
BBH97 FNSINC503 Identify situations requiring complex ethical decision making 35 Unit of competency
2. Elective Units

At least three (3) units must be chosen from the elective units listed.
Please refer to the packaging rules for the full details of available options.

State Code National Code Title Hours Type
AUR16 FNSFMK503 Advise clients on financial risk 60 Unit of competency
AUR13 FNSFMK502 Analyse financial market products for client 45 Unit of competency
OBR83 FNSFMK517 Analyse risk mitigation in the operations process 55 Unit of competency
AUR23 FNSFMK512 Apply knowledge of emissions markets 50 Unit of competency
AUR89 FNSINC501 Conduct product research to support recommendations 80 Unit of competency
AUQ87 FNSCUS505 Determine client requirements and expectations 60 Unit of competency
OBR82 FNSFMK520 Develop and monitor risk management strategies for client 60 Unit of competency
AUQ95 FNSCUS504 Manage premium customer relationships 60 Unit of competency
OBR77 FNSFMK612 Manage trading exposures 70 Unit of competency
OBR63 FNSFMK518 Monitor and process collateral 60 Unit of competency
OBR51 FNSFMK611 Price financial transactions 60 Unit of competency
AUQ51 FNSASICV503 Provide advice in derivatives 50 Unit of competency
AUQ43 FNSASICS503 Provide advice in foreign exchange 50 Unit of competency
AUQ55 FNSASICT503 Provide advice in managed investments 50 Unit of competency
AUQ52 FNSASICW503 Provide advice in securities 50 Unit of competency
AUR29 FNSIAD502 Provide appropriate and timely information and advice to clients 70 Unit of competency
AUR30 FNSIAD501 Provide appropriate services, advice and products to clients 120 Unit of competency
AUQ89 FNSCUS506 Record and implement client instructions 60 Unit of competency
OBR67 FNSFMK513 Undertake assessment of product and advice suitability for non-retail clients 45 Unit of competency
Replaces
State Code National Code Title Type
AWC2 FNS51015 Diploma of Financial Markets Qualification
Replaced By
State Code National Code Title Type
BHU2 FNS51022 Diploma of Financial Markets Qualification
No information
Entry Requirements

Nil

Traineeships and Apprenticeships
No information