Graduate Diploma of Financial Planning

Postgraduate coursework

FAS approved - Deakin's Graduate Diploma of Financial Planning is an approved pathway to meet FAS' 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 2022 close 30 October 2022

Direct applications to Deakin for Trimester 1 2023 close 19 February 2023

Current Deakin Students

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

Course overview

Build upon the core knowledge and skills required of a professional financial planner by studying Deakin’s Graduate Diploma of Financial Planning. Graduate with a FAS-approved degree, that enables you to either enter the financial planning profession or expand upon existing career opportunities.

Interested in a qualification that not only meets minimum education requirements but also enhances and further develops your core financial planning competencies?

Recent changes to the Australian financial services industry require financial planners to meet new education standards set by the Financial Adviser Standards (FAS). What does this mean for current and aspiring financial planners? If you want to provide financial advice beyond 2026, you'll need to complete a FAS-approved course like our Graduate Diploma of Financial Planning.

If you're a current financial planner returning to study, you'll develop and refine your knowledge and analytical skills to better support the needs of your clients. Whether you're looking to start your career in financial planning or progress it, under the guidance of industry-active teachers you'll learn about:

  • the theoretical principles underlying the rules, regulations and practices that apply in financial planning
  • the digital tools of the modern financial planner
  • the application of knowledge in an applied and practical learning environment.

 

Importantly, the course 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 financial planning graduates in a strong position to stand out from the pack.

As a graduate, you may articulate into Deakin’s Master of Financial Planning.

Read More

Course information

Award granted
Graduate Diploma of Financial Planning
Year

2023 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.

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 the compulsory 0-credit point module, MAI010 Academic Integrity Module. Most units (think of units as 'subjects') are equal to 1 credit point

7

Core units

1

Elective units

8

Total units

Core units

  • Estate Planning and Risk Management Strategies *
  • Financial Behaviour and Decision Making *
  • Financial Planning and Economic Fundamentals
  • Superannuation and Retirement Planning
  • Ethics for Financial Services *
  • Principles of Income Tax Law
  • Business Law
  • *MAI code denotes Intensive version of the unit.

    Compulsory 0-credit point module

    To be completed in the first trimester of study:-

  • Academic Integrity Module
  • Elective units

    Plus 1 credit points of elective units from:

  • Financial Advice Regulation

  • Financial Planning Development
  • 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.

    Download the Graduate Diploma of Financial Planning course guide

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    Entry requirements

    Entry information

    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 work experience is determined as working within a financial services role or within the financial services sector. 

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

     

     

     

    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

    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 estimated fee for this course is not currently available, please contact Student Central for further information.
    Learn more about fees and your options for paying.

    The available fee places for this course are detailed above. 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 this course within the same year as they started. 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 four credit points of study for Graduate Certificates. Each unit you enrol in has a credit point value. The 'Estimated tuition fee' is calculated by adding together four 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 $47,014.

    Please note: fees shown by the calculator are indicative only and based on 2022 rates. Actual fees may vary. We advise confirming fees with Prospective Student Enquiries prior to enrolment.

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    • $* is the estimated full cost for a Graduate Diploma of Financial Planning (8 credit points), based on the 2022 fees.
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    *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 10% Deakin alumni discount);
    • 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 10% reduction per unit on your enrolment fees.

    Learn more about the 10% Deakin alumni discount

    Apply now

    Apply direct to Deakin

    Applications can be made directly to the University through the Deakin Application 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.

    Entry pathways

    Contact information

    Our friendly advisers are available to speak to you one-on-one about your study options, support services and how we can help you further your career.

    Call us 1800 693 888 (Mon–Fri, 9am–5pm)
    Live Chat Mon–Thurs, 8am–7pm, Fri 8am–5pm

    Careers

    Career outcomes

    From 1 January 2019, FAS’ 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 FAS, 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 FAS-approved course, making it a recognised pathway towards becoming a registered financial planner.

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

    Graduates of the Graduate Diploma of Financial Planning will be eligible to undertake the CFP® program of the Financial Planning Association and the Fellow Chartered Financial Practitioner (FChFP) designation offered by the Association of Financial Advisers (AFA).

    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