Graduate Diploma in Financial Planning

Entry requirements

Entry requirements

  • Completion of an Australian Bachelor degree (or equivalent) in a similar discipline OR
  • Completion of an Australian Graduate Certificate (or equivalent) in a similar discipline OR
  • Applicants with a minimum five (5) years approved work experience will be considered for admission to this course.
Education requirements

FASEA Education Requirements

This table outlines the educational requirements for existing financial advisers in order to become FASEA accredited. It also outlines the requirements for new financial advisers wishing to enter the field.

New entrant Existing adviser with approved degree Existing adviser with relevant degree Existing adviser with non-relevant degree Existing adviser with no degree
New entrant Graduate Diploma in Financial Planning (8 units) Existing adviser with approved degree Bridging Course (1 unit) - Professionalism and Ethics Existing adviser with relevant degree Graduate Certificate in Financial Planning (4 units) Existing adviser with non-relevant degree Graduate Diploma in Financial Planning (8 units) Existing adviser with no degree Graduate Diploma in Financial Planning (8 units)
 

*Approved degrees can vary depending on the university. Visit FASEA’s website to check their list of approved courses.

Course information
  • Entry requirements
  • FASEA Education requirements
  • Units of Study
  • Career options
Units of study

Units of study

For more information about the units of study, download a brochure.

Principles of Personal Financial Planning and Advice

This unit builds technical and specialist knowledge as well as critical client relationship skills required of financial planners. The unit has a strong focus on the higher-order responsibilities and legislative framework governing the provision of financial advice. Technical knowledge such as investing for effective financial planning, risk management and personal insurance, superannuation, retirement and estate planning and social security is applied in the construction of a scaled Statement of Advice. This unit is designed to meet the requirements of a Financial Adviser Standards and Ethics Authority [FASEA] approved degree and successful completion of this unit may count towards the annual Continuing Professional Development (CPD) requirement for the financial advisers and planners, to a maximum of 40 CPD hours per year. This unit aligns to the knowledge requirements of the Tax Practitioners Board.

Superannuation and Retirement Wealth Planning

This unit critically reviews superannuation and retirement planning trends and evaluates a range of client scenarios to develop strategies in a Statement of Advice with a superannuation and retirement planning focus. Relevant tax treatments, legislation, self-managed superannuation and retirement options are analysed and evaluated with the support of online financial planning applications. Real-world advice templates and case studies are used to evaluate client risk and select appropriate investment products which can apply to diversified long-term wealth accumulation and retirement portfolios. This unit is designed to meet the approved degree requirements of Financial Adviser Standards and Ethics Authority [FASEA]. Successful completion of this unit has the added advantage of satisfying the relevant FASEA education requirements of an approved degree and will count towards the annual Continuing Professional Development (CPD) requirement to a maximum of 40 CPD hours per year.

Risk Management, Insurance and Estate Planning

This unit applies risk management knowledge and methodologies to the protection and distribution of wealth with effective personal insurances and estate planning. Analysis and exploration of the insurance policies and risk management products are undertaken and matched to the spectrum of client situations in the process of constructing insurance planning advice. The concept of protecting wealth is expanded to include a strong awareness of the role of estate planning in the adviser-client relationship. Applications of related law and compliance are built into practical client situations and a Statement of Advice with insurance and estate planning advice recommendations will be undertaken. This unit is designed to meet the approved degree requirements of the Financial Adviser Standards and Ethics Authority [FASEA]. Successful completion of this unit has the added advantage of satisfying the relevant FASEA education requirements of an approved degree and will count towards the annual CPD requirement to a maximum of 40 CPD hours per year.

Taxation Law of Australia (Bridging)

In this unit, students will acquire technical and working knowledge of the key provisions of Australian Tax Law and apply to a range of problems to determine taxation consequences. Comparisons of tax implications relating to business, individuals and trusts will be undertaken along with research and analysis to develop strategic tax planning solutions. Strategies and recommendations will also be contextualised to include specialised financial planning applications such as taxation implications related to superannuation, insurance and estate planning. This unit is designed to meet the requirements of a Financial Adviser Standards and Ethics Authority [FASEA] approved degree and successful completion of this unit may count towards the annual Continuing Professional Development (CPD) requirement for the financial advisers and planners, to a maximum of 40 CPD hours per year. This unit aligns to the knowledge requirements of the Tax Practitioners Board.

Professionalism and Ethics (Bridging)

This unit will explore the ethical and professional capacities required of financial planning advisers. The FASEA Code of Ethics and the origins of ethics are investigated along with reflective practice exercises aimed at betterment of the client-adviser relationship and related compliance. This unit is designed to meet the approved degree requirements of Financial Adviser Standards and Ethics Authority [FASEA]. Successful completion of this unit has the added advantage of satisfying the relevant FASEA education requirements of an approved degree and will count towards the annual Continuing Professional Development (CPD) requirement to a maximum of 40 CPD hours per year.

Financial Advice Corporation and Commercial Law (Bridging)

This unit will examine the Australian legal system, contract and commercial law and significant elements of Corporations Law related to the licensing requirements of a financial planner and the provision of financial planning advice. The unit has a strong focus on practical applications and uses relevant case law to contextualise the law for financial planning professionals. This unit is designed to meet the requirements of a Financial Adviser Standards and Ethics Authority [FASEA] education pathway for new entrants, career changers and existing financial advisers in the financial planning profession. Successful completion of this unit has the added advantage of satisfying the relevant FASEA education requirements of a bridging unit within an approved degree and will count towards the annual Continuing Professional Development (CPD) requirement to a maximum of 40 CPD hours per year.

Behavioural Finances and Wealth Management Applications (Bridging)

This unit will contextualise behavioural finance theory to the practice of professional financial planning. Academic and professional literature will be explored and applied to contemporary wealth planning and investment strategies to suit a range of client preferences and biases. This unit also explores the strengths and weaknesses of investment options and investment portfolios are built to customise asset allocations for a range of client needs. The intention is to develop competencies that empower client engagement in the wealth management elements of financial planning. This unit is designed to meet the requirements of a Financial Adviser Standards and Ethics Authority [FASEA] bridging course and extend the meaning of a client’s wealth to include their behavioural bias for investment. Successful completion of this unit has the added advantage of satisfying the relevant FASEA education requirements of a bridging unit within an approved degree and will count towards the annual CPD requirement to a maximum of 40 CPD hours per year.

Financial Plan Construction and Client Management

In this unit students will apply prior knowledge to elements of the financial planning process including conducting an initial client interview, planning and constructing a full statement of advice and presenting a financial plan to a client. A higher order focus will be on both communication skills aimed at building and managing the client relationship as well as industry standards and expectations of professional financial planning advice. This unit is designed to meet the approved degree requirements of Financial Adviser Standards and Ethics Authority [FASEA]. Successful completion of this unit has the added advantage of satisfying the relevant FASEA education requirements of an approved degree and will count towards the annual Continuing Professional Development (CPD) requirement to a maximum of 40 CPD hours per year.

 

For more information about the units of study, download a brochure.

Career options

Career options

VU Online’s Graduate Diploma in Financial Planning is suitable for both currently practicing financial planners and those who wish to enter the field. 

After completing the Graduate Diploma in Financial Planning, you will have the skills and knowledge to succeed in a variety of specialised roles within the industry. This can include roles such as:

  • Financial adviser 
  • Financial planner
  • Insurance adviser  
  • Superannuation consultant
  • Risk adviser
  • Business development manager
  • Client service officer

You may also choose to continue your studies and complete your Master of Financial Planning, helping you stand out as an expert financial planner.

STUDENT SUPPORT

VU Online provides you with the academic support you need, when you need it, throughout the course. With four layers of student support, our goal is to ensure you succeed in your studies.

Our highly experienced academics understand how to deliver a quality online learning experience and are responsive and accessible.

You will also have access to a dedicated Student Success Advisor, who provides motivation and one-on-one personalised assistance with non-academic matters for the duration of the course. You will experience the support of a community through chat, virtual seminars and discussion board activity. Your support network is only a phone call or email away.