Postgraduate coursework

Master of Professional Practice (Financial Planning)

The Master of Professional Practice (Financial Planning) is specifically designed to help experienced professionals progress in their career. Apply now.

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Key facts

English language requirements

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

Duration

2 to 2.5 years part-time

Campuses

This course is only offered in Cloud (online) mode

Course information

Deakin’s Master of Professional Practice (Financial Planning) is specifically designed for experienced financial planning professionals seeking to progress their career through a professionally recognised postgraduate qualification. 

The course will suit financial planners with significant professional experience within the industry who seek recognition for their prior learning, skills, demonstrated expertise and experience. Through a combination of professional practice credentialing and coursework units, students gain a postgraduate qualification sooner, and at a greatly reduced cost - saving time and money.

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Course structure

To complete the Master of Professional Practice (Financial Planning), students must successfully complete 4 credit points of units and ten Professional Practice credentials. For further information on credentials refer to the Credentials tab below.

Students will undertake a practice-based research methods and design unit as preparation for a significant independent research project that culminates in completion of a major creative work and exegesis.

Introductory Units

 

  • Financial Planning Development MAA727 ~
  • Professional Research and Analysis MAA753
  • ~ previously coded MAF709

    Credentials

    Students must complete ten Professional Practice 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.

    Learn more about the details of each credential (PDF, 9.2MB)

    Master Credential Requirements
    Credential Minimum Level*^ Currency*
    Professional practice credentials    
    CRCOM-A1 Communication 5 (Advanced) 5 years
    CRDIL-A1 Digital literacy 5 (Advanced) 5 years
    CRCRI-A1 Critical thinking 5 (Advanced) 5 years
    CRPSV-A1 Problem solving 5 (Advanced) 5 years
    CRSMA-A1 Self-management 5 (Advanced) 5 years
    CRTWK-A1 Teamwork 5 (Advanced) 5 years
    CRGCZ-A1 Global citizenship 5 (Advanced) 5 years
    CRPRE-A1 Professional ethics 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

  • Research Project 2 MPP703 (2 credit points)
  • Key information

    Award granted
    Master of Professional Practice (Financial Planning)
    Year
    2018 course information
    Deakin code
    M759
    Level
    Higher Degree Coursework (Masters and Doctorates)
    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 9.

    Campuses by intake

    Campus availability varies per trimester. This means that a course offered in Trimester 1 may not be offered in the same location for Trimester 2 or 3. Read more to learn where this course will be offered throughout the year.

    Trimester 1 - March

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

    Trimester 2 - July

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

    Trimester 3 - November

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

    INTERNATIONAL STUDENTS – Please note that due to Australian Government regulations, student visas to enter Australia cannot be issued to students who enrol in Deakin’s Cloud Campus.

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

    Additional course information

    Course duration - additional information

    Course duration may be affected by delays in completing course requirements, such as accessing or completing work placements.

    Workload

    Successful students typically spend about 150 hours in learning and assessment for each one credit point unit. The time required to prepare evidence for credential assessment varies based on the student’s existing documentation.

    Fee information

    Estimated tuition fee - full-fee paying place

    $14,560 tuition fees plus $4,950 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 four credit points of study and 10 Professional Practice Credentials. It is estimated Professional Practice Credentials is $4,950.

    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

    Entry information

    Deakin University offers admission to postgraduate courses through a number of Admission categories.
    In all categories of admission, selection is based primarily on academic merit as indicated by an applicant's previous academic record.

    All applicants must meet the minimum English language requirements.

    Entry will be based on performance in:

    • a Bachelor degree in any discipline AND compliance with Australian Securities and Investment Commission (ASIC) Regulatory Guide 146 Licensing* AND five years relevant professional experience^ OR
    • a Graduate Certificate of Professional Practice (Financial Planning)

    *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)

    For more information on the Admission Criteria and Selection (Higher Education Courses) Policy visit Deakin Policy Library.

    Fees and scholarships

    Fee information

    Estimated fee rate

    $15,400 tuition fees plus $4,950 for Professional Practice Credentials
    Learn more about fees and your options for paying.

    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 four credit points of study and 10 Professional Practice Credentials. 

    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.

    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

    Course learning outcomes

    Deakin's graduate learning outcomes describe the knowledge and capabilities graduates can demonstrate at the completion of their course. These outcomes mean that regardless of the Deakin course you undertake, you can rest assured your degree will teach you the skills and professional attributes that employers value. They'll set you up to learn and work effectively in the future.

    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

    Communication

    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, evaluate and transform 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

    Self-management

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

    Teamwork

    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

     

     

    Application information

    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.

    Entry pathways

    The Graduate Certificate in Professional Practice or Graduate Diploma in Professional Practice are alternative entry pathways into the Master of Professional Practice (Financial Planning).

    If you complete fewer than the required amount of credit points and credentials for the Master of Professional Practice (Financial Planning), you could still graduate with a qualification (please refer to 'Alternate exits' below).

    Alternative exits

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