Graduate Diploma of Professional Practice (Financial Planning)



Deakin's Graduate Diploma of Professional Practice (Financial Planning) is a professionally-oriented course specifically designed to meet the education needs of the financial planning industry.


Key facts

English language requirements

IELTS overall score of 6.5 (with no band score less than 6) or equivalent


1.5 years part-time


This course is only offered in Cloud (online) mode

Trimester 1

  • Start date: March
  • Available at:
    • Cloud (online)

Trimester 2

  • Start date: July
  • Available at:
    • Cloud (online)

Trimester 3

  • Start date: November
  • Available at:
    • Cloud (online)

Note for international students: International students enrolled in the course who study fully online will not be eligible for an international student visa.

Key information

Award granted

Graduate Diploma of Professional Practice (Financial Planning)


2018 course information

Deakin code



Postgraduate (Graduate Certificate and Graduate Diploma)

Approval status

This course is approved by the University under the Higher Education Standards Framework.

Australian Quality Framework (AQF) recognition

The award conferred upon completion is recognised in the Australian Qualifications Framework at Level 8.

Fee information

Estimated tuition fee - full-fee paying place

$7,280 tuition fees plus $2,970 for Professional Practice Credentials.

Fee information for Credential courses

The ‘Estimated tuition fee’ is provided as a guide only based on a typical enrolment of students completing this course within the same year in which they started. The cost will vary depending on your study load, the length of your course and any approved Credit for Prior Learning you have.

Learn more about fees and available payment options.

The course includes a combination of tuition fees for two credit points of study and six Professional Practice Credentials. It is estimated Professional Practice Credentials is $2,970.

Professional Practice degrees are designed for those who wish to be credentialed for outcomes towards which they have already made significant progress through their extensive experience in a relevant professional field.

Entry requirements

Minimum entry requirements:

  • Compliance with the ASIC Regulatory Guide 146 Licensing*, AND 5 years of relevant professional experience.^


 * Australian Securities & Investments Commission (ASIC) Regulatory Guide 146 Licensing: Training of financial product advisers

^ in providing financial product advice to retail clients, at appropriate depth and breadth, across the majority of ASIC's list of skill and knowledge requirements (Listed in Australian Securities & Investments Commission (ASIC) Regulatory Guide 146)

Course learning outcomes

Graduate Learning Outcomes

Course Learning Outcomes

Discipline Specific knowledge and capabilities

Apply an advanced and integrated knowledge about the financial planning development process for clients requiring financial planning advice of varying degrees of complexity and contexts as described by national financial planning curriculum


Demonstrate advanced interpersonal and networking skills to communicate effectively with clients to gather and interpret personal data and transmit knowledge to clients through the preparation and presentation of financial plans including financial goal achievement and risk minimisation

Digital Literacy

Select and apply appropriate digital technology to find, use, manage and disseminate complex wealth creation and risk minimisation knowledge and ideas to both clients and professional colleagues

Critical thinking

Systematically and critically analyse, synthesise and evaluate a range of complex information on wealth creation and risk minimisation to create personalised and contextualised financial plans for clients

Problem Solving

Develop strategies for wealth creation and risk minimisation for individuals by generating innovative and contextualised solutions for financial goal achievement


Demonstrate advanced skills in working independently and taking responsibility for continuing professional development


Collaborate with peers to prepare, present, justify and defend financial planning related information and decisions

Global Citizenship

Make financial planning recommendations in the best interest of the client that critically consider relevant social, cultural, legal and ethical issues



Course Structure

To complete the Graduate Diploma of Professional Practice (Financial Planning), students must successfully complete 2 credit points of units and six Professional Practice credentials (including two Knowledge based credentials). For further information on credentials refer to the Credentials tab below.

Introductory Unit

  • Financial Planning Development MAA727 ~
  • ~ previously coded MAF709


    Students must complete six Professional Practice credentials (including two Knowledge credentials).

    Successful attainment of Professional Practice credentials is based on evidence provided from professional practice, hence recognition through authentic learning experiences. All professional practice credentials are linked to the Deakin Graduate Learning Outcomes and will be assessed within the context of the financial planning discipline. The credentials may be attempted separately or simultaneously and are assessed by an assessment panel that includes both academic and industry representatives. Please refer to the table below for the list of credentials.

    Graduate Diploma Credential Requirements
    Credential Minimum Level*^ Currency*
    Professional practice credentials    
    CRCOM-A1 Communication 5 (Advanced) 5 years
    CRCRI-A1 Critical thinking 5 (Advanced) 5 years
    CRPSV-A1 Problem solving 5 (Advanced) 5 years
    CRTWK-A1 Teamwork 5 (Advanced) 5 years
    Knowledge based credentials    
    CRFPT -A1 Financial Planning Technical Knowledge and Expertise 5 (Advanced) 3 years
    CRFPS-A1 Financial Planning Strategy Development and Application 5 (Advanced) 3 years

    *Applicants who have not satisfied the level requirement, or who have successfully achieved the credential but not within the required timeframe may be permitted to seek re-credentialing.

    ^ There are five levels and these are aligned with recognized "exit points" from the education sector, the AQF, work levels and industry frameworks.  Level 5 is aligned to the AQF Masters Level.

    Capstone Unit

  • Professional Research and Analysis MAA753
  • How to apply

    Apply direct to Deakin

    Applications must be made directly to the University through the Applicant Portal. For information on the application process and closing dates, see the Apply web page. Please note that closing dates may vary for individual courses.

    Apply through Deakin

    Deakin International office or Deakin representative

    Fill out the application form and submit to a Deakin International office or take your application form to a Deakin representative for assistance

    PDF Application form - 306 KB

    Need more information on how to apply?

    For information on the application process and closing dates, see the How to apply webpage
    If you’re still having problems, please contact Deakin International for assistance.

    Course pathways

    This course been specifically designed to provide an alternative entry pathway into the Master of Professional Practice (Financial Planning).

    Alternative exits


    The typical time that a student would spend in learning and assessment activities is expected to be approximately 150 hours for each credit point completed via the university. Time taken to prepare evidence of credentials will vary for each student based on individual professional practice experience.

    Fee information

    The tuition fees you pay are calculated depending on the course you choose.

    The ‘Estimated tuition fee’ is provided as a guide only based on a typical enrolment of students completing the first year of this course. The cost will vary depending on the units you choose, your study load, the length of your course and any approved Credit for Prior Learning you have.

    Each unit you enrol in has a credit point value. The ‘Estimated tuition fee’ is calculated by adding together 8 credit points of a typical combination of units for that course. Eight credit points is used as it represents a typical full-time enrolment load for a year.

    You can find the credit point value of each unit under the Unit Description by searching for the unit in the Handbook.

    Learn more about fees and available payment options.

    Scholarship options

    A Deakin scholarship could help you pay for your course fees, living costs and study materials. If you've got something special to offer Deakin - or maybe you just need a bit of extra support - we've got a scholarship opportunity for you. Search or browse through our scholarships

    Offered campuses

    Study online at Cloud Campus

    Students are able to study all or part of this course online. You can study anywhere, anytime through Deakin's Cloud Campus.

    Learn more about studying online and the Cloud Campus

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