Diploma of Financial Counselling

Royal Melbourne Institute of Technology

About

This program is designed to provide the skills and knowledge you are required to have to work as a Financial Counsellor.It is important to note that this qualification is NOT a program to suit financial planning or financial advice job roles.Financial counsellors have an extensive knowledge of a range of areas of law and policy, including consumer credit law, debt enforcement practices, the bankruptcy regime, industry hardship policies and government concession frameworks.Generalist financial counsellors work in a variety of agencies that meet the requirements for the Australian Securities and Investments Commission (ASIC) exemption from a financial services or credit licence under ASIC class order 10/1063.

Financial counsellors work across a variety of metropolitan, rural and remote settings.On successful completion of this program you will be equipped to:provide specialist knowledge of legal remedies and options to manage debt and financial difficulty and to work in a model of social justice and client empowerment.

provide information, support and advocacy to assist people in financial difficulty.·

Structure

C5360 Courses

C5360 Core Units - Select ALL Fourteen (14) Courses

Course Title Nominal Hours Course Code Campus
Facilitate the interests and rights of clients (CHCADV001) 100 LAW5734C City Campus
Provide systems advocacy services (CHCADV005) 90 LAW5735C City Campus
Recognise and respond to crisis situations (CHCCCS019) 45 HWSS6071C City Campus
Develop and implement community programs (CHCCDE002) 125 HWSS6119C City Campus
Establish and confirm the counselling relationship (CHCCSL001) 100 OHTH5924C City Campus
Apply specialist interpersonal and counselling interview skills (CHCCSL002) 60 HWSS6120C City Campus
Facilitate the counselling relationship and process (CHCCSL003) 120 OHTH5923C City Campus
Support counselling clients in decision-making processes (CHCCSL007) 120 HWSS6121C City Campus
Work with diverse people (CHCDIV001) 40 GEDU6077C City Campus
Facilitate the financial counselling process (CHCFIN001) 85 BAFI5232C City Campus
Identify and apply technical information to assist clients with financial issues (CHCFIN002) 80 BAFI5233C City Campus
Develop and use financial counselling tools and techniques (CHCFIN003) 65 BAFI5234C City Campus
Interpret and use legal information (CHCLEG002) 65 HWSS6122C City Campus
Reflect on and improve own professional practice (CHCPRP003) 120 EMPL7098C City Campus

C5360 Elective Units - Select Three (3) Courses.

Course Title Nominal Hours Course Code Campus
Provide services to people with co-existing mental health and alcohol and other drugs issues (CHCMHS005) 90 HWSS6089C City Campus
Work with people experiencing or at risk of homelessness (CHCSOH001) 85 HWSS6073C City Campus
Coordinate complex case requirements (CHCCSM004) 75 HWSS6105C City Campus

Entry requirements

You should have work experience in a job role involving:

  • The self-directed application of knowledge with substantial depth in some areas
  • The exercise of independent judgement and decision-making.
  • The application of relevant technical and other skills.

Learning outcomes

This nationally recognised Vocational Education and Training (VET) qualification delivers competency-based training and assessment, designed to help you develop the skills and knowledge (competency) needed to perform effectively in the work you are training for. Competency-based assessment allows you to demonstrate the skills and knowledge required to complete workplace activities, safely and consistently, at the standard required in your job, in a range of situations and environments. This could involve showing an assessor how you plan and carry out tasks while explaining what you know about the task and the relevant work environment. It could also involve completing a project and reporting on the both the process and outcomes.

If you are working, your work supervisor may provide the assessor with a report on the skills and knowledge you have demonstrated.

If you have already developed areas of skill and knowledge included in this program (e.g. through prior paid or voluntary work experience), you can be assessed and have these skills and knowledge formally recognised. This process is called Recognition of Prior Learning (RPL). There is information on the RMIT website about how to apply for RPL

- refer to https://www.rmit.edu.au/students/student-essentials/enrolment/apply-for-credit

Institution