Qualification Outline

Date retreived
22/07/2026 6:21 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 Finance and Mortgage Broking Management

Diploma of Finance and Mortgage Broking Management

Qualification
National Code:
FNS50320
State Code:
BGN2
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
02/02/2021
Approved Date
22/04/2021
Stream of Study
Initial Vocational (3100 - 3600)
VET Act Classifier
C
Nominal Hours
625
Duration
2 Semesters
Current Release Number
1.00
Current Release Date
02/02/2021
VET Act Conditions
—
Releases
Release Version Release Date TGA Status DTWD Status
1.00 02/02/2021 Current Approved
Description

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 display initiative and judgement in completing 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, legislative, regulatory or certification considerations
Work functions in the occupational areas where this qualification may be used are subject to regulatory requirements. Relevant regulatory authorities should be consulted to confirm those requirements before applying the qualification.

Schedule
Packaging Rules
Total number of units = fifteen (15)
- ten (10) core units plus
- five (5) elective units, of which:
- at least three (3) must be from the electives listed below
- up to two (2) may be from elsewhere in this or any other currently endorsed Diploma or above training package qualification or accredited course.

Elective units must be relevant to the work environment and the qualification, maintain the overall integrity of the AQF alignment, not duplicate the outcome of another unit chosen for the qualification, and contribute to a valid industry-supported vocational outcome.
1. Core Units

All ten (10) units must be completed.

State Code National Code Title Hours Type
BBH69 FNSINC504 Apply ethical frameworks and principles to make and act upon decisions 35 Unit of competency
OBR52 FNSFMK515 Comply with financial services regulation and industry codes of practice 40 Unit of competency
OBR53 FNSINC411 Conduct work according to professional practices in the financial services industry 25 Unit of competency
OCI62 FNSCUS511 Develop and maintain professional relationships in financial services industry 45 Unit of competency
OCZ31 FNSFMB512 Identify and develop credit options for clients with special financial circumstances 60 Unit of competency
OCZ73 FNSFMB412 Identify client needs and present broking options 35 Unit of competency
OCZ66 FNSFMB514 Implement complex loan structures 50 Unit of competency
OCZ69 FNSFMB411 Prepare loan applications on behalf of clients 20 Unit of competency
OCZ67 FNSFMB513 Present credit options to clients with special financial circumstances 45 Unit of competency
OBR66 FNSRSK511 Undertake risk identification 40 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
OCZ44 FNSINC412 Apply and maintain knowledge of financial products and services 40 Unit of competency
BBH69 FNSINC504 Apply ethical frameworks and principles to make and act upon decisions 35 Unit of competency
OBR65 FNSRSK512 Assess risks 45 Unit of competency
OCD37 BSBINS402 Coordinate workplace information systems 40 Unit of competency
OBR60 FNSRSK612 Determine and manage risk exposure strategies 55 Unit of competency
OCE07 BSBSUS511 Develop workplace policies and procedures for sustainability 50 Unit of competency
OBR70 FNSORG512 Develop, implement and monitor policy and procedures 50 Unit of competency
OCZ19 FNSPRM613 Grow financial practices 60 Unit of competency
BBH97 FNSINC503 Identify situations requiring complex ethical decision making 35 Unit of competency
OCZ52 FNSFMB511 Implement credit contracts in preparation for settlement 25 Unit of competency
OCZ24 FNSPRM612 Improve business of financial practices 60 Unit of competency
OCE98 BSBLDR523 Lead and manage effective workplace relationships 45 Unit of competency
OCF94 BSBLDR414 Lead team effectiveness 45 Unit of competency
OCF06 BSBOPS502 Manage business operational plans 50 Unit of competency
OCE37 BSBOPS505 Manage organisational customer service 35 Unit of competency
OCG11 BSBESB404 Market new business ventures 45 Unit of competency
OCI38 FNSPRM611 Monitor and review organisational system compliance with legislation and regulations 55 Unit of competency
OCD43 BSBLDR602 Provide leadership across the organisation 60 Unit of competency
OCE36 BSBHRM413 Support the learning and development of teams and individuals 35 Unit of competency
OBR66 FNSRSK511 Undertake risk identification 40 Unit of competency
Replaces
State Code National Code Title Type
AWC1 FNS50315 Diploma of Finance and Mortgage Broking Management Qualification
Replaced By
State Code National Code Title Type
BHT9 FNS50322 Diploma of Finance and Mortgage Broking Management Qualification
No information
Entry Requirements

Nil

Traineeships and Apprenticeships
No information