Diploma of Financial Services

The FNS51815 Diploma of Financial Services qualification provides a general purpose pathway into the financial services industries.

It is also intended to provide effective development options for people for whom the specialist qualification pathways in the Financial Services Training Package are not yet appropriate.

Individuals in the roles associated with the qualification apply solutions to range of complex problems, and analyse and evaluate information from a variety of sources.

They apply initiative to plan, coordinate and evaluate their own work and provide guidance to others or teams within defined guidelines.

Minimum Academic requirement

• Successful completion of Australian Year 12 or equivalent
• OR
• Completion of Post-Secondary studies (including Certificate III)
• OR
• Successful completion of the Australian Senior VCAL Certificate

Alternate Entry - Work experience requirement

At least 6 months work experience in a related fields

Equity Access Schemes

RMIT's equity access schemes can support you to access and succeed in education. Equity access schemes allow additional consideration in the selection process. Please note, applying for tertiary programs is a competitive process, and being allocated bonus points or additional consideration does not guarantee you entry to RMIT or to your preferred course. You still need to meet the program entry and university requirements and compete with all other applicants for a place in the program.

More on equity access schemes is located at https://www.rmit.edu.au/study-with-us/applying-to-rmit/local-student-applications/equity-access-schemes/types-of-equity-access/

International students - English language requirements

International students are subject to meeting University English Language Requirements: http://www.rmit.edu.au/study-with-us/international-students/apply-to-rmit-international-students/entry-requirements/english-requirements/recognised-qualifications

• IELTS (Academic): minimum overall band of 5.5 (with no individual band below 5.0)
• TOEFL (Paper Based Test): minimum score of 530 (TWE 3.5)
• TOEFL (Internet Based Test - IBT): minimum overall score of 50 (with minimum of 5 in Reading, 5 in Listening, 14 in Speaking and 15 in Writing)
• Pearson Test of English (Academic) (PTE (A)): minimum score of 42 (with no communication band less than 36)
• Cambridge English: Advanced (CAE): minimum of 162 with no less than 154 in any component.

More information on entry requirements and how to apply is located at: https://www.rmit.edu.au/study-with-us/international-students/apply-to-rmit-international-students/

This nationally recognised vocational education and training (VET) qualification is competency-based. This means that it is designed to enable you to develop the practical skills and knowledge (competency) needed to perform the duties and tasks in the job you are training for. Assessment in a competency-based program is about being able to demonstrate that you have developed these practical skills and areas of knowledge, and that you can perform at the standard required in the job. This could involve showing an assessor how you plan and carry out tasks, and explaining to the assessor how you know what you are doing. It could also involve completing a project and presenting a report on the process and outcomes. If you are working, your work supervisor may provide the assessor with a report on your competency.

You may be eligible for credit towards courses in your program if you have already met the learning/competency outcomes through previous learning.

To be eligible for credit towards a course, you must demonstrate that you have already completed learning that is:

• relevant
• current (and cannot have been completed more than 10 years prior to your application)
• satisfies the learning/competency outcomes of the course.

Your previous learning that satisfies these requirements might have been formal, informal, or non-formal. This determines what type of credit you should apply for:

Supporting documentation

Credit Transfer

If your previous study was a Vocational Education (TAFE) or Higher Education program at RMIT University, you do not need to submit any supporting documentation.

If your previous study was undertaken with RMIT Training or with another institution you must submit documentation to support your application. This documentation may include:

• a certified copy of an Academic Transcript with final grades for Higher Education studies
• a certified copy of a Statement of Attainment for any completed TAFE studies.
• course outlines showing content, learning outcomes and assessment requirements; and an explanation of the grading structure used.

More information on Credit Transfers can be located at the following URL: https://www.rmit.edu.au/students/student-essentials/enrolment/apply-for-credit

Recognition of Prior Learning (RPL)

Evidence consists of products or items that you can provide or processes you can demonstrate to an assessor so they can judge whether you are competent. Evidence can be in many forms, for example:

• a demonstration of your skill
• third party reports (e.g. from your supervisor or work colleagues)
• training certificates or training program information
• examples of work that you have produced

Your assessor will help you decide what type of evidence is needed. They will also help you to source evidence that meets the relevant standard as set out in the unit of competence and is:

• sufficient or enough
• current i.e. you still have the skill
• authentic i.e. genuinely yours

You may be required to put the evidence together in a portfolio but this depends on the nature of the evidence and the skills being assessed. In some cases, workplace demonstrations will be sufficient evidence.

More information on RPL can be located at the following URL: https://www.rmit.edu.au/students/student-essentials/enrolment/apply-for-credit

International qualifications

If any of the evidence supporting your application is not in English, you must supply an English translation by a professional translator deemed acceptable to RMIT. RMIT reserves the right to refuse to accept a translation by a translator that it deems unacceptable.

More information can be located at the following URL: https://www.rmit.edu.au/study-with-us/international-students