Financial Planning Guide for Professionals

Navigate your next step through a leading university, ranked in the top 1% worldwide. Our range of FASEA-approved courses will give you the knowledge and skills to meet the training and ethical standards required of a financial planning professional.

FASEA-approved study options

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Five star teaching, facilities, and research*

FASEA education requirements

The Financial Adviser Standards and Ethics Authority (FASEA) recently announced new education requirements for all financial advisers to promote professional standards in the industry. All advisers will need to have completed further study by 2024, and a national examination by January 2021.

Deakin is offering a range of units and courses to support advisers through the process. Whether you have been in the profession for a number of years, or you are just starting out, the new requirements offer a unique opportunity to enhance your education and skills, navigate professional challenges, and apply ethics in your day-to-day work.

Discover your financial planning pathway

The new FASEA education requirements are mandatory for all advisers, but understanding exactly what you need to do to become compliant can be complex.

We have created a unique adviser education pathway tool, designed to help you discover which courses or units are required depending on your previous education and professional experience.

Go to the pathway tool

Explore our financial planning courses

Recognition of prior learning

Deakin offers credits for previous qualifications and experience, including an Advanced Diploma in Financial Planning, a Diploma in Financial Planning, professional designations, or significant employment history.

To discover your credit entitlements, use the advisor education pathway tool or get in touch for advice. To obtain official approval for recognition of prior learning, you'll need to submit an online RPL application form when applying for your course.

Learn more about recognition of prior learning

Online study tailored to you

All of Deakin's financial planning courses and units are offered online at our Cloud Campus, so you can study at a time and place that suits you.

With dedicated and responsive support staff, on-demand learning anywhere, and engaging audio-visual content to enrich your learning, online study with Deakin enables you to fit your financial planning education around your busy life.

Learn more about online study

Deakin Webinar Series: FASEA code of ethics with Deen Sanders

Join Adjunct Professor of Financial Planning and former CEO of FASEA, Dr Deen Sanders to learn about the importance of ethics, plus the courses available for new and existing advisers.

Meet FASEA requirements with Deakin

Are you a busy professional? Do you want to meet the new FASEA education requirements as quickly as possible, but still benefit from a high-quality learning experience?

Deakin is offering Ethics for Financial Services as a unique intensive learning experience, giving students an opportunity to complete the unit with a combination of in person and online learning. During three days of class, advisers will have the opportunity to be supported in their learning, with presentations of key topics substantiated by case studies – showcasing the application of principles in practice.

Face-to-face sessions will be combined with comprehensive online learning materials, including work required to be completed in the weeks before and after class. Pre and post class readings, activities and assessment tasks paired with the three day program will ensure you gain all the theoretical and practical knowledge you need to fulfil the new FASEA requirements.

Learn more about the Ethics for Financial Services intensive unit (PDF, 821.5KB)

Frequently asked questions

Browse a few of our popular questions below to learn about the new FASEA requirements. If your question isn't covered, feel free to get in touch with the team.

FASEA requirements

What are the FASEA requirements?

All advisers will need to have completed an approved bachelor or higher degree by January 2024. While the extent of the study required will depend upon your qualifications and recognition of prior learning (RPL), as a minimum all existing advisers will need to complete further studies in Ethics for Financial Services (MAA769). All advisers will also be required to pass a national examination by 1 January 2021. Learn more about FASEA's education requirements.

What is an approved degree?

An approved degree is a degree qualification (undergraduate or postgraduate in financial planning) that has been accredited by FASEA. Go to a current list of approved degrees.

What is a relevant degree?

FASEA has not listed any degrees as being relevant degrees. Instead it defines a relevant degree as a completed bachelor, graduate diploma, or masters qualification in a related field,  which contains at least eight units in one or more of the designated fields of study:

  • financial planning (includes financial advice areas of superannuation, retirement, insurance, estate planning)
  • investments (includes all types of investments (e.g. shares, derivatives, foreign exchange, options etc.)
  • accounting
  • taxation/tax law (as defined by the Tax Practitioners Board (TPB))
  • finance law
  • finance
  • business law (as defined by the TPB)
  • estate law
  • banking
  • economics.

How do I know which requirements apply to me?

We have created a unique adviser education pathway tool, designed to help you discover which courses or units are required depending on your previous education and professional experience.

Recognition of prior learning

How do I find information on Deakin credits?

Deakin will grant Recognition of Prior Learning (RPL) in-line with FASEA’s education policies. While we are able to provide an informal indication of credit entitlements either via our adviser education pathway tool, to obtain official approval you will need to submit an online RPL application form at the same time as your course application.

If admission into Deakin is offered, credits will be confirmed with your offer or as soon as possible after an offer has been made. There are no costs involved in applying or seeking a formal credit assessment. Learn more about applying to Deakin. 

Will Deakin provide credit for professional designations?

Once a professional designation is approved by FASEA, you may be eligible for up to two credits in our Graduate Diploma of Financial Planning and up to four credits in our Master of Financial Planning.

What if I completed my qualifications more than 10 years ago?

FASEA has not placed a time limit on qualifications completed. Deakin will grant credits regardless of age, in-line with FASEA’s education policies.


What is the cost of a unit?

The 2019 cost for a unit in our postgraduate financial planning courses (Graduate Certificate, Graduate Diploma and Master of Financial Planning) is $3,250. This cost may be reduced if you are part of a large dealer group or professional association that has a formal agreement with Deakin. Learn more about fees at Deakin.

What payment assistance is available?

Payment assistance is available for postgraduate award courses through FEE-HELP for domestic students. Please note that FEE-HELP is not available for units taken as a single enrolment. Learn more about FEE-HELP.

Planning your studies

Where can I complete my studies?

All units are available online via our award-winning Cloud Campus. This provides you with the flexibility to study what, when, and how you want, so you can fit your studies into your busy lifestyle. Units are also offered face-to-face at our Melbourne Burwood Campus.

How many offerings do you have each year?

Three. Deakin operates a trimester study schedule, which means Trimester 1 runs from March to June, Trimester 2 from July to October, and Trimester 3 from November to February.

How many units should I do at a time?

If you are currently working full time we recommend taking only one unit per trimester until you are comfortable with a larger study load.

What is the advantage of commencing my degree sooner rather than later?

Commencing as soon as possible will allow you to pace your studies over an extended time and not risk meeting the cut-off date. An earlier commencement is particularly important if you need to undertake six to eight units of the Graduate Diploma of Financial Planning to ensure your studies are well completed before 31 December 2023.

Can I transfer to a Master of Financial Planning after completing a Graduate Diploma of Financial Planning?

Yes. After completing the Graduate Diploma of Financial Planning, you can transfer onto the Master of Financial Planning with full credits.

B2B partnerships

Does Deakin enter into partnerships with licensees (B2B) and what are the benefits?

We are happy to discuss establishing B2B partnerships with licensees and other organisations, which provide significant benefits in the form of course discounts and rebates, support services and a personalised student experience. Forming a partnership with Deakin will provide your organisation and advisers with access to a comprehensive range of education services including:

  • a full complement of education courses that satisfy FASEA’s education requirements
  • the ability to complete units as part of a qualification or as separate non-award single enrolments
  • free credit assessments and mapping
  • study support and practice questions for the national examination
  • access to our top students as interns and/or work-ready graduates.

To arrange a discussion about entering into a B2B partnership with Deakin, please call +61 3 9244 5009 or email

Why choose Deakin?

Reputation and accreditation

With an excellent reputation in financial planning education for more than 28 years, Deakin is one of only three AACSB-accredited business schools in Victoria.

Experienced teaching staff

All of Deakin’s full time financial planning staff are either current or former advisers, who understand the pressures of the profession.

Comprehensive courses

Choose from a full complement of financial planning courses at both undergraduate and postgraduate levels, as well as stand-alone non-award unit enrolments.

Flexible study options

Benefit from the option to study online for all units at Deakin’s Cloud Campus, which offers the ultimate flexibility to fit your studies around your lifestyle.

Full support

Every Deakin financial planning unit has a dedicated, allocated academic who is available to support your studies and answer your questions.

About our staff

Get expert support and guidance on your academic journey with the Deakin Business School team.

Meet the team

Senior Lecturer, Financial Planning
Marc Olynyk

Senior Lecturer, Financial Planning
Mike Kerry

Lecturer, Financial Planning
Dr Campbell Heggen

Teaching Scholar, Financial Planning
Ash McAuliffe

Professor of Practice
Dr Adam Steen

Adjunct Professor
Dr Deen Sanders OAM

Senior Lecturer, Law
Dr Rami Hanegbi

Lecturer, Law
Dr Zehra Gulay Kavame Eroglu

Senior Lecturer, Finance
Dr Kannan Thuraisamy

Senior Lecturer, Finance
Dr Xinwei Zheng

Associate Professor, Accounting and Finance
Dr Anthony Ng

Senior Lecturer, Law
Dr Firew Tiba

Associate Professor, Accounting
Dr Jun Yao

We're here to help

Our team of student advisers can walk you through the next steps to becoming compliant or starting a career in financial planning.

Can't wait to get started? Either talk with us now via live chat or book in a one-on-one phone conversation at a time that suits you.

Book a consultation

Contact us

For more information or to get your questions answered, please get in touch.

+61 3 9627 4877
Ask a question

To learn more about B2B opportunities with Deakin, contact our partnerships team.

+61 3 9244 5009

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