Graduate Diploma of Financial Planning

Postgraduate coursework

FASEA approved - Deakin's Graduate Diploma of Financial Planning is an approved pathway to meet FASEA's new education standards, preparing graduates for the industry.

Key facts

Duration

1 year full-time or part-time equivalent

Key dates

Direct applications to Deakin for Trimester 3 2019 close 3 November 2019
Direct applications to Deakin for Trimester 1 2020 close 23 February 2020

Current Deakin Students

To access your official course details for the year you started your degree, please visit the handbook

Course information

Build on your knowledge of modern financial planning principles by studying the Graduate Diploma of Financial Planning. Graduate with a FASEA-approved degree, ready to thrive in an evolving financial planning landscape.

Want to see your employability soar with a qualification that’s in demand across the industry?

Recent changes to the Australian finance industry require financial planners to meet new education standards set by the Financial Adviser Standards and Ethics Authority (FASEA). What does this mean for current and aspiring financial planners? If you want to provide financial advice beyond 2023, you’ll need to complete a FASEA-approved course like Deakin’s Graduate Diploma of Financial Planning.

This professionally oriented course prepares graduates for career progression. If you’re a current financial planner returning to study, you’ll gain new knowledge and analytical skills that help you provide advice to clients on how to get more out of their investments. Under the guidance of industry-active teachers, you’ll learn about:

  • portfolio management
  • the digital tools of the modern financial planner
  • investment, securities and retirement planning.

Importantly, the Graduate Diploma of Financial Planning places a strong emphasis on the professional responsibilities of the modern financial planner, both in an ethical and compliance sense. Industry reforms have created an increased demand for ethical decision-makers, putting Deakin graduates in a strong position to stand out from the pack.

On completion of the Graduate Diploma of Financial Planning, you may wish to articulate into Deakin’s Master of Financial Planning.

Read More

Course structure

To complete the Graduate Diploma of Financial Planning, students must attain a total of 8 credit points consisting of 7 credit points of core units and 1 credit points of elective units chosen from a specified list, plus completion of MAI010 Academic Integrity and MAA071 Pre-Term: Getting to Grips with Postgraduate Study (0-credit point compulsory units). Most units (think of units as 'subjects') are equal to 1 credit point

7

Core units

1

Elective units

8

Total units

Core units

  • Academic Integrity MAI010 (0 credit points)
  • Pre-Term: Getting to Grips with Postgraduate Study MAA071 (0 credit points)
  • Estate Planning and Risk Management Strategies MAA700
  • MAA728/MAI728Financial Behaviour and Decision Making (Intensive)
  • Financial Planning and Economic Fundamentals MAA745
  • Superannuation and Retirement Planning MAA719
  • MAA769/MAI769Ethics for Financial Services (Intensive) *
  • Principles of Income Tax Law MLC703
  • Business Law MLC707
  • *MAI code denotes Intensive version of the unit.

    Elective units

    Plus 1 credit points of elective units from:

  • MLC714/MLI714Financial Advice Regulation (Intensive)

  • Financial Planning Development MAA727
  • Key information

    Award granted
    Graduate Diploma of Financial Planning
    Year

    2020 course information

    Deakin code
    M669
    Level
    Postgraduate (Graduate Certificate and Graduate Diploma)
    Approval status
    This course is approved by the University under the Higher Education Standards Framework.
    Australian Qualifications Framework (AQF) recognition
    The award conferred upon completion is recognised in the Australian Qualifications Framework at Level 8.

    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:
      • Burwood (Melbourne)
      • Cloud Campus

    Trimester 2 - July

    • Start date: July
    • Available at:
      • Burwood (Melbourne)
      • Cloud Campus

    Trimester 3 - November

    • Start date: November
    • Available at:
      • Burwood (Melbourne)
      • Cloud Campus

    Please note: This course is only available for part-time study in Trimester 3

    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.


    Mandatory student checks

    Units which contain work integrated learning, a community placement or interaction with the community may require a police check, working with children check or other check. These requirements will be detailed in unit guides upon enrolment.

    Workload

    As a student in the Faculty of Business and Law, you can expect to participate in a range of teaching activities each week. This could include classes, seminars, practicals and online interaction. You can refer to the individual unit details in the course structure for more information. You will also need to study and complete assessment tasks in your own time.

    Participation requirements

    Units in this course may have participation requirements that include compulsory placements, work-based training, community-based learning or collaborative research training arrangements.

    Placement can occur at any time, including during the standard holiday breaks listed here:

    https://www.deakin.edu.au/courses/key-dates

    Reasonable adjustments to participation and other course requirements will be made for students with a disability. Click here for more information.

    Work experience

    This course does not require students to complete compulsory work integrated learning units.

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    Entry requirements

    Entry information

    Deakin University offers admission to postgraduate courses through a number of Admission categories.

    All applicants must meet the minimum English language requirements.

    Please note that meeting the minimum admission requirements does not guarantee selection, which is based on merit, likelihood of success and availability of places in the course.

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

    Admission is based on:

    • a Bachelor's degree in any discipline, OR
    • a Graduate Certificate in any discipline, OR
    • At least three years of relevant professional work experience^ that demonstrates comprehensive knowledge in a financial planning environment OR
    • evidence of academic capability judged to be equivalent

    ^Relevant professional work experience is determined as business experience in either a financial planning role or a managerial position, with business oversight responsibilities in a financial planning related field, such as superannuation consulting, estate planning, tax advisory, financial consulting, funds management, banking.

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

     

     

     

    Recognition of prior learning

    The University aims to provide students with as much credit as possible for approved prior study or informal learning which exceeds the normal entrance requirements for the course and is within the constraints of the course regulations. Students are required to complete a minimum of one-third of the course at Deakin University, or four credit points, whichever is the greater. In the case of certificates, including graduate certificates, a minimum of two credit points within the course must be completed at Deakin.

    You can also refer to the Recognition of Prior Learning System which outlines the credit that may be granted towards a Deakin University degree and how to apply for credit.

    Fees and scholarships

    Fee information

    Estimated tuition fee - full-fee paying place
    $26,800 for 1 yr full-time* - Full-fee paying place
    Learn more about fees and your options for paying.
    Estimated tuition fee - (CSP)?
    Not applicable

    The available fee places for this course are detailed above.

    Tuition fees are determined by your enrolment:

    • If you are offered a full fee paying place, your tuition fees are calculated based on your course.
    • If you are offered a Commonwealth supported place, your tuition fees are calculated depending on the units you choose. Not all courses at Deakin have Commonwealth supported places available.

    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 Recognition of Prior Learning.

    * One year full-time study load is typically represented by eight credit points of study. 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 your course.

    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.

    FEE-HELP calculator

    What is FEE-HELP?

    FEE-HELP loans cover up to 100% of tuition fees for eligible students. By taking out a FEE-HELP loan, the government pays your tuition fees directly to Deakin, and the balance is repaid from your employment income - but only once you're earning over $45,881.

    Please note: fees shown by the calculator are indicative only and based on 2020 rates. Actual fees may vary. We advise confirming fees with Prospective Student Enquiries prior to enrolment.

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    • $* is the 2020 estimated tuition fee for a Graduate Diploma of Financial Planning (8 credit points) at Deakin
    • is the annual FEE-HELP payment, based on your current salary
    • of your current salary be spent on FEE-HELP

    *Disclaimer

    Deakin University (Deakin):

    • gives no warranty and accepts no responsibility for the currency, accuracy or the completeness of the information provided;
    • advises users that no reliance should be placed upon on the information provided, and;
    • instructs users that they should confirm the actual course fee with Prospective Student Enquiries prior to enrolment.

    This tool provides indicative information about the fees that will be payable in respect of courses and subjects offered to prospective students domiciled in Australia during the periods indicated.

    Please note that the fees shown by the calculator are indicative only and actual fees may vary. Users are advised to confirm the actual course fee with Prospective Student Enquiries prior to enrolment.

    The estimated course fee is based on the tuition fee costs applicable to a domestic full time student commencing the course in Trimester 1 and studying full time for the duration of the course but:

    • does not include non-tuition costs that may apply, such as Student Services and Amenities Fees (SSAF);
    • does not take into account any scholarships or bursaries awarded to the student (including the 15% Deakin Alumni Postgraduate Course Fee Bursary);
    • assumes the maximum number of units that need to be successfully completed. Actual number completed may be reduced if Recognition of Prior Learning is granted;
    • assumes that no exceptional, or non-typical, circumstances apply to the proposed course of study;
    • assumes that the options that the user selects are appropriate for the course of study that they intend to undertake;
    • where fees are estimated for future years those fee will be subject to annual increases in accordance with increases in the cost of course delivery.

    Scholarship options

    A Deakin scholarship might change your life. If you've got something special to offer Deakin – or you just need the financial help to get you here – we may have a scholarship opportunity for you.

    Search or browse through our scholarships

    Postgraduate bursary

    If you’re a Deakin alumnus commencing a postgraduate award course, you may be eligible to receive a 15% reduction per unit on your enrolment fees. Your Immediate Family Members may also be eligible to apply for this bursary.

    Learn more about Deakin’s 15% postgraduate bursary

    Apply now

    How to apply

    Apply direct to Deakin

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


    Need more information on how to apply?

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


    Register your interest to study at Deakin

    Please complete the Register your interest form to receive further information about our direct application opportunities.


    Entry pathways

    Contact information

    Faculty of Business and Law - student advisers
    Tel 03 9244 6555
    Email buslaw@deakin.edu.au

    Frequently asked questions

    What are the key study start dates?

    Browse all start and finish dates for Deakin’s main study periods. You’ll also find dates relating to applications and prospective student events, plus a list of all public holidays and study breaks.

    How much does it cost to study at Deakin?

    Your tuition fees will depend on the type of student you are, the course you study and the year you start. Fees are based on an annual amount; they don't cover the entire duration of the course.

    Use our fee estimator to gauge what your fees could be per year.

    Can I speak to someone in person about my study options?

    Yes! We regularly host a range of events including 1:1 consultations and information sessions, to assist you with your study options and career planning. Check out our upcoming events or contact our Prospective Student Enquiry Centre on 1800 693 888 for more information.

    Am I eligible for a scholarship with this course?

    Scholarships are available for domestic and international students at all study levels. Find a scholarship that works for you.

    Can I claim recognition of prior learning (RPL) for this course?

    In some courses, you can reduce your overall study time and tuition cost by getting your work and previous study experience recognised as recognition of prior learning (RPL).

    Why choose Deakin

    Career outcomes

    From 1 January 2019, FASEA’s new education standards come into place and, by 1 January 2026, all financial planners will need an approved qualification. These reforms have created an increased demand for registered financial planners with a high-level understanding of what it means to provide responsible advice.

    The Graduate Diploma of Financial Planning is approved by FASEA, ensuring Deakin students graduate with the right qualification and skills to take advantage of this demand.

    Whether you’re currently working in the industry or looking to move into a financial planning role, you’ll prepared to excel in a variety of positions, including:

    • financial adviser
    • insurance adviser
    • business development manager
    • superannuation consultant
    • portfolio analyst
    • personal financial planner
    • investment banker
    • paraplanner
    • claims administrator
    • compliance manager
    • risk adviser.

    Professional recognition

    The Graduate Diploma of Financial Planning is a FASEA-approved course, making it a recognised pathway towards becoming a registered financial planner.

    Graduates will satisfy the education standards prescribed by FASEA to be able to provide financial advice in Australia, subject to meeting other registration requirements prescribed by FASEA (including completion of a Professional Year for Provisional Relevant Providers and passing a National Adviser Exam).

    Students who complete required elective units in estate planning, superannuation, tax and trust administration meet the education requirements of Society of Trust and Estate Practitioners (STEP).

    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 Outcome Course Learning Outcome
    Discipline specific knowledge and capabilities Demonstrate an advanced understanding and application of core financial planning concepts and theories.
    Communication Apply appropriate communication skills within the context of providing advice on financial matters.
    Digital literacy Use appropriate digital technologies to identify and disseminate complex information, concepts and theories.
    Critical thinking Apply a systematic research process and develop a clearly articulated argument to support a view and use it to justify one or more conclusions.
    Problem solving Apply problem solving skills necessary to conceptualise and solve complex issues in financial planning.
    Self-management Demonstrate independent study and learning in the field of financial planning.
    Teamwork Identify challenges associated with organising and managing teams in professional contexts and the importance of providing an instructional framework to nurture teamwork.
    Global citizenship Not explicitly addressed as a learning outcome in this award.
       

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