Diploma of Financial Services (Finance/Mortgage Broking Management)

Course overview

This course is for people who wish to be managers involved in providing a range of mortgage lending services.
This course will assist you in acting in an independent capacity working through an aggregator in the field of finance and mortgage broking. It will also help you in managing workplace teams.

Course structure

The course structure below shows what you must do to complete this course. Units/modules are arranged in groups and sometimes also in subgroups.

You must complete each group as specified as well as following the course completion instructions. If a course contains optional groups there will be a statement at the top of the course indicating how many you must do. At the top of any group containing optional subgroups there will be a statement saying how many you must do.

Course Contents

A total of 15 units must be completed - 10 core units plus 5 elective units.

Online Study Option

CORE UNITS

All units/modules must be completed.

Modules/Units	Name
BSBCOM501B	Identify and interpret compliance requirements
BSBRSK401A	Identify risk and apply risk management processes
FNSCUS501A	Develop and nurture relationships with clients, other professionals and third party referrers
FNSFMB401A	Prepare loan application on behalf of finance or mortgage broking clients
FNSFMB402A	Provide finance and mortgage broking services
FNSFMB403A	Present broking options to client
FNSFMB502A	Identify and develop complex broking options for client
FNSFMB503A	Present broking options to client with complex needs
FNSFMB504A	Implement complex loan structures
FNSINC401A	Apply principles of professional practice to work in the financial services industry

ELECTIVES UNITS

All units/modules must be completed.

Modules/Units	Name
FNSFBRK501B	Settle application and loan arrangements in the finance/mortgage broking industry
FNSICPRO401B	Develop and maintain in-depth knowledge of products and services used by your organisation or sector
FNSRSK602A	Determine and manage risk exposure strategies
BSBOHS303B	Contribute to OHS hazard identification and risk assessment
FNSCRD301A	Process applications for credit

Career Opportunities

Mortgage Broker

Entry Requirements

NSW Higher School Certificate, or equivalent.

Students who have completed the Certificate IV in Financial Services (Finance/Mortgage Broking) will be given advanced standing in this course.

Computer Skills

Students will need to be able to operate a personal computer to access:

Web pages

Manage files

Conduct research

Use email (with attachments)

Computer Requirements (hardware/software)

Home/Office computer

Windows, or equivalent

Microsoft Office, or equivalent

Articulation

When you finish this course you may be eligible to enrol in university courses in finance, business or commerce.

Recognition of Prior Learning and Credit Transfer

Recognition of prior learning (RPL) is the process of assessing a candidate’s competence based on evidence other than a recent testamur listing identical or equivalent units. Evidence that may be used for recognition includes (but is not limited to)

older testamur listing identical or equivalent units together with evidence of currency

current testamur listing similar, but not equivalent, units of competence together with evidence of competence in the gaps between those units and the target units

evidence of competence gained through informal learning and/or work experience

Credit Transfer is the process of acknowledging successful completion of one or more units of competence with TAFE NSW or any other RTO. To have those units credited towards the current qualification, the student must be able to provide a testamur with transcript of competencies achieved.

If the date of the testamur is more than three years prior to the current enrolment the candidate will need to demonstrate that their competencies are still current. This changes the process from credit transfer to recognition.

Note: For Credit Transfer and RPL - Units are only considered ‘equivalent’ if the current Training Package lists them as such in the mapping of units from the immediately previous version of that Training Package.

Sub courses
Contribute to OHS hazard identification and risk assessment	BSBOHS303B
Identify risk and apply risk management processes	BSBRSK401A
Apply principles of professional practice to work in the financial services industry	FNSINC401A
Process applications for credit	FNSCRD301A
Determine and manage risk exposure strategies	FNSRSK602A
Develop and maintain in-depth knowledge of products and services used by your organisation or sector	FNSICPRO401B
Settle application and loan arrangements in the finance/mortgage broking industry	FNSFBRK501B
Implement complex loan structures	FNSFMB504A
Present broking options to client with complex needs	FNSFMB503A
Identify and develop complex broking options for client	FNSFMB502A
Present broking options to client	FNSFMB403A
Provide finance and mortgage broking services	FNSFMB402A
Prepare loan application on behalf of finance or mortgage broking clients	FNSFMB401A
Identify and interpret compliance requirements	BSBCOM501B
Develop and nurture relationships with clients, other professionals and third party referrers	FNSCUS501A