Diploma of Finance and Mortgage Broking Management FNS50315
What sets IIT apart from other Mortgage Broking training providers?
At IIT we not only develop the course material for this qualification, we also deliver the training and support for students to gain the most out of their learning experience, which is why we can also issue our qualifications with CPD as an approved provider. Some providers have third parties who complete the training with students, and those arrangements can end in disaster, as the third party is typically not an RTO, so the outcomes and teaching are not always met compliantly.
IIT’s Diploma of Finance and Mortgage Broking Management FNS50315 is the best way to get yourself fully compliant in the Mortgage/Finance Broking industry. Mortgage/Finance Broking is lauded as a dynamic, exciting profession, where you can readjust the financial prospects of individuals and really make a significant difference in their lives.
IIT deliver this course Australia wide, and over that time we have become very adept at disseminating the skills, knowledge and training that you need to be a successful advisor in the Finance and Mortgage Broking field. Our instructors are amazing at what they do, and can readily adapt to all types of students. IIT has been running their FNS50315 Diploma of Finance and Mortgage Broking Management FNS50315 for learners of all backgrounds to ensure that every student is getting the level of attention that they require in order to gain competency in this qualification.
For any queries that you have, get in touch with us on 1300 88 33 46 or fill out our simple online contact form . Continuing the journey on your way to Mortgage/Finance Broking Management success, is only a few clicks away with IIT’s FNS50315 Diploma of Finance and Mortgage Broking Management FNS50315 ! Apply to the MFAA or FBAA associations for membership once completing this course.
Upon successful completion this qualification will allow you to:
– Assess clients’ financial circumstances
– Find a suitable loan for their situation
– Provide advice and manage the application process
*Government Funding available to eligible Victorian students. $375 for eligible Gov funded students with free workshop classes!
|Course name:||Distance Education||Workshop|
|FNS50315 Diploma of Finance and Mortgage Broking
|Finance Broking Regulatory Framework||Provides Student with an understanding of the regulatory framework in which the Finance and Mortgage Broker professional operates. The module investigates the National Credit Code, Lending Conduct, Industry codes of practice and ethics. The module also explores topics related to the identification and management of risk in relation to finance and mortgage broking. Students will also consider the role of the Credit Ombudsman Service Ltd and the Australian Credit License.|
|Finance Broking and Consumer Finance||Introduces students to consumer finance products and provides an understanding of the finance broking profession. Students will study the costs of credit provision and how lenders earn income from credit products interest charges. Students will also investigate the credit granting decision.|
|Advanced Consumer Finance||In this module students build on their consumer finance studies to study topics including the credit life cycle, lender selection, debt recovery, credit cards and debit cards, write-offs, sales and legal action.|
|Business and Car Finance||Provides students with an introduction and overview of business and car Finance. Students will investigate a range of products for business including low-doc loans and business overdrafts. Car finance options including hire purchase loans and novated leasing arrangements are also considered.|
This course is ideal for adults of all ages seeking to enter the Financial Services Industry or for those wanting to take their career to the next level in the most flexible and affordable manner.
|Entry Requirements||No entry requirements. If you have previously completed the FNS40815 Certificate IV in Finance and Mortgage Broking, you may be eligible for RPL. Please send in your transcripts to check eligibility.|
|Hardware & Software||Access to a computer/laptop with internet access and either Google Chrome or Mozilla Firefox. Microsoft Excel 2003 or later, Microsoft Word 2003 or later. A device capable of recording video (distance students only).|
|Study Method: Blended Delivery (tutorial workshop & self-paced learning)||Blended delivery includes a series of tutorial workshops combined with self-paced study. Our face-to-face workshops create a friendly classroom environment to enable learning in a timely and structured way. The sessions allow students to bounce ideas around with other participants – not to mention the networking opportunities or achievement of corporate team goals. Facilitators are industry professionals with real world experience and take the time to tell their war stories, which help explain the concepts in an exciting way. Please go to the Schedules tab on our website to see when dates are running in your location or contact our office to arrange tailored corporate training.|
|Study Method: Distance Education||Distance or self-paced learning allows you to start a course when it suits you best. Moreover, it provides you with the flexibility to continue with your other commitments in life, such as work, parenthood and your social life. BEST OF ALL, it gives you access to our Distance Education Team who can discuss concepts, conduct skill-based role plays and provide feedback on any assessments submitted.|
|Course Duration||The duration of the course will vary depending on each individual student and their prior experience and knowledge. 535 hours over a maximum of 12 months is the recommended timeframe for students new to the industry.|
|Assessments||True / False Questions (TF), Multiple Choice Questions (MCQ), Short Answer Questions (SAQ), Case study and role-play. For more information on assessment process, click here|
|Exemptions and Recognition of Prior Learning (RPL)||If you have completed previous studies in the financial services area, you may be eligible for some credits towards the course by way of course exemptions. For more information on course exemptions and recognition of prior learning, click here|
|Qualification Pathway||This course has national recognition. IT graduates are eligible to apply for professional membership with either the Mortgage & Finance Association of Australia (MFAA) or Finance Brokers Association of Australia (FBAA) For further information on Professional Recognition, click here For further information on Professional Recognition, click here|
|Related Courses||FNS40815 Certificate IV in Finance & Mortgage Broking|
Disclaimer: This activity has been accredited for continuing professional development points by the Financial Planning Association of Australia but does not constitute FPA’s endorsement of the activity. Accreditation number 008471 for 25.25 CPD points*
Units of Competency
To be awarded the FNS50315 Diploma of Finance and Mortgage Broking Management, the following units of competency must be successfully achieved. If you have already completed a FNS40815 Certificate IV in Finance and Mortgage Broking qualification, you will only be required to complete the below units in red. If you have not, then you will need to complete the Certificate IV pre requisites, which are explained below. We offer a package deal for the full Certificate IV and Diploma. Call us to find out about this offer on 1300 88 3346 or email firstname.lastname@example.org
FNSCUS501 – Develop and nurture relationships with clients, other professionals and third party referrers *pre requisite from Cert IV book required, once completed in Cert IV it is not required to be completed again in the Diploma.
FNSFMB401 – Prepare loan application on behalf of finance or mortgage broking clients *pre requisite from Cert IV book required, once completed in Cert IV it is not required to be completed again in the Diploma.
FNSFMB402 – Identify client needs for broking services
FNSFMB403 – Present broking options to clients *pre requisite from Cert IV book required, once completed in Cert IV it is not required to be completed again in the Diploma.
FNSFMB502 – Identify and develop complex broking options for clients
FNSFMB503 – Present broking options to client with complex needs
FNSFMB504 – Implement complex loan structures
FNSFMK505 – Comply with financial services regulation and industry codes of practice *pre requisite from Cert IV book required, once completed in Cert IV it is not required to be completed again in the Diploma.
FNSINC401 – Apply principles of professional practice to work in the financial services industry *pre requisite from Cert IV book required, once completed in Cert IV it is not required to be completed again in the Diploma.
BSBRSK401 – Identify risk and apply risk management processes
FNSCRD401 – Assess credit applications
FNSFMB501 – Settle applications and loan arrangements in the finance and mortgage broking industry *pre requisite from Cert IV book required, once completed in Cert IV it is not required to be completed again in the Diploma.
FNSINC402 – Develop and maintain in-depth knowledge of products and services used by an organisation or sector *pre requisite from Cert IV book required, once completed in Cert IV it is not required to be completed again in the Diploma.
FNSRSK501 – Undertake risk identification
FNSRSK502 – Assess risks
Please contact us on 1300 88 33 46 for more information.
Disclaimer: IIT provides face-to-face tutorial training workshops as well as distance education to aid students in their efforts to obtain a qualification. Pre-reading and study are required before participants can attend these workshops. The workshop time frame does not signify the total duration of course hours and assessment time.