Graduate Diploma of Financial Planning

Postgraduate coursework

Deakin's postgrad course, the Graduate Diploma of Financial Planning, will advance your career as a financial planner, advising clients on investments.

Key facts

English language requirements

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

Duration

1 year full-time or part-time equivalent

Campuses

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:
      • Cloud Campus

    Trimester 2 - July

    • Start date: July
    • Available at:
      • Cloud Campus

    Trimester 3 - November

    • Start date: November
    • Available at:
      • Cloud Campus

    International students should note that, due to visa regulations, this course can only be undertaken while living outside Australia.

    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.

    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.

    Admission is based on:

    • a Bachelor's degree in any discipline, OR
    • a Graduate Certificate in any discipline, OR
    • At least two 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.

    IELTS / English language requirements

    Please note that English language requirements exist for entry to this course and you will be required to meet the English language level requirement that is applicable in the year of your commencement of studies.

    It is the students’ responsibility to ensure that she/he has the required IELTS score to register with any external accredited courses.

     

     

    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

    The tuition fees you pay will depend on the type of fee place you hold. 

    • If you are enrolled in a Commonwealth supported place, your tuition fees are calculated depending on the units you choose.
    • If you are enrolled in a full fee paying place, your tuition fees are calculated depending on the course you choose.

    In both cases, 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 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 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 through Deakin

    Applications can be made directly to the University through StudyLink Connect - Deakin University's International Student Application Service. 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.


    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


    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

    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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