FBAA Diploma Program
FNS50322 Diploma of Finance and Mortgage Broking Management
Including Business Fundamentals topics
This course covers important topics including the lending process, regulation, compliance, and relationship building.
It builds the vital skills needed to learn more about building a successful business and brokering complex loans.
Course Information
Course Modules
Compliance
This module introduces the finance industry and the role of a Finance Broker. Learn about the various participants, sectors, and roles within the industry, including the legislation and regulations that impact the role of a licensed finance broker. Understand how to operate compliantly using available systems and supports.
Ethics
Acting ethically is crucial for building trust with clients and operating compliantly. Ethics extends beyond responsible lending; it involves understanding ethical biases, cognitive biases, and psychological barriers.
Professional Relationships
Ongoing business relationships are vital for sustaining a successful broking business. Discover how to engage and build relationships with clients, industry participants, and third-party referrers.
Personal and Professional Development
Managing professional development activities, prioritising and planning daily tasks and goals are vital to ensuring continuous growth and efficiency in your professional life. Learn how to support a team with their work priorities and professional development.
Loan Application
Develop knowledge and understanding of different loan types and structures, including lender appetite and policy. This module covers the basics of commencing the loan application journey with clients and managing the loan submission to post-settlement.
Complex Lending
Develop knowledge and understanding of more complex loan types and structures, as well as how to manage the loan application from first contact with a client through to post settlement of the loan application.
Risk
Risk management is a critical part of maintaining a compliant business – it is important to understand how to identify and manage potential risks before they occur, and the best strategies for dealing with them, should they occur.
Grow Your Business
Growing your business is all about planning! This module teaches how to plan ahead by considering target market clients, competitors, products and the actions for planning promotional activities in line with growth targets.
Units of Competency
- FNSFMK515 Comply with financial services regulation and industry codes of practice
- FNSCMP501 Comply with financial services legislation
- FNSCUS511 Develop and maintain professional relationships in financial services industry
- FNSFMB411 Prepare loan applications on behalf of clients
- FNSFMB412 Identify client needs and present broking options
- FNSINC412 Apply and maintain knowledge of financial products and services
- FNSFMB512 Identify and develop credit options for clients with special financial circumstances
- FNSFMB513 Present credit options to clients with special financial circumstances
- FNSFMB514 Implement complex loan structures
- FNSINC411 Conduct work according to professional practices in the financial services industry
- FNSINC514 Apply ethical frameworks and principles to make and act upon decisions
- BSBPEF501 Manage personal and professional development
- FNSPRM613 Grow financial practices
- FNSRSK512 Assess risks
- FNSRSK511 Undertake risk identification
Course Duration
- Enrolments are valid for a period of twelve (12) months. RPL enrolments are valid for a period of seven (7) months. Course extensions of up to three (3) months may be granted upon request, with an applicable extension fee. Please refer to our terms and conditions for more information.
While we provide seven (12) months to complete the full course, individuals with an industry background or an understanding of the broking process may finish in a shorter time frame. This largely depends on personal capacity and available time. Those without an industry background but with more availability to study may also be able to complete the course within a shorter time frame.
Delivery Options
Online (remote self-paced)
Distance learning: online self-paced learning is for those students who have the capacity and ability to study with minimal guidance. If you are new to industry and/or study, we strongly suggest completing your course via virtual classroom.
Virtual class (blended learning – consists of part virtual classroom and remote self-paced learning)
Attend a virtual class workshop from home or office, delivered via Zoom. Our highly experienced trainers guide participants through each module, using ‘true to life” client scenarios. Assessments are expected to be completed post-class. However, our trainer will cover the requirements during class.
Virtual class schedule:
- 7 sessions delivered in 6 days. Conducted 3 days a week for 2 consecutive weeks. (Attend consecutive weeks OR consecutive months – Flexible training options available)
- 9:30 am – 4 pm Eastern Standard Time
- Zoom links accessible from the Learner Portal
Return for free! Our virtual class option allows participants to re-attend any session during their enrolment period.
Recognition of Prior Learning and Credit Transfer
Recognition of Prior Learning
If you have previous industry experience or conducted prior training, you may be eligible for Recognition of Prior Learning. Please refer to the RPL information page to determine the eligibility criteria.
Credit Transfer
If you have previous industry completed or partially completed training with another education institute, you may be eligible for credit transfer. Please refer to the credit transfer page for more information.
CPD Hours and Post Nominal
Continued professional development hours are not based on how long it takes to complete your course.
Full Diploma
- Online/Virtual: 30 CPD hours
- RPL: 12 CPD hours
Diploma Upgrade from FNS40810-15:
- Online/Virtual: 22 CPD hours
- RPL: 10 CPD hours
Diploma Upgrade from FNS40820-21:
- Online/Virtual: 16 CPD hours
- RPL: 10 CPD hours
Post Nominal – DipFMBM
Payment Options
Payment can be made with credit card during the enrolment process or via the online learner portal, once the enrolment is complete. Alternatively, payments are accepted via bank transfer, the invoice number must be entered as the reference. Access to material and assessments will be granted once funds have cleared in our account.
Student Support
Student support is available via the learner portal, email, and telephone.
Our Student Support and Resources has information available including:
- Additional training and tutorials
- Reasonable adjustment
- Counselling and personal support
- Mental Health
Stand-alone Business Fundamentals
Unlock the secrets of business success and gain the confidence to navigate the ever-evolving landscape of entrepreneurship.
This course encompasses the essential principles that drive successful businesses. Designed for entrepreneurs or anyone looking to enhance their understanding of the business world, this course will equip learners with the knowledge and skills needed to thrive.
Course Modules
Strategic Planning
Gain a comprehensive understanding of strategic planning and its pivotal role in shaping businesses.
Encouraging Sustainability and Social Responsibility in Business
Delve into sustainability and corporate social responsibility and their pivotal role in driving business success and societal impact. This module includes how to increase team engagement and ensure long-term business success.
Incorporating AI in Business
Artificial Intelligence presents unparalleled opportunities for innovation and efficiency in the evolving business landscape. Explore AI’s transformative potential and its implications for small and medium enterprises.
Dealing with Conflict
Explore how different attitudes and behaviours influence dynamics and conflict resolution. Learn practical techniques to effective manage anger and handle challenging situations.
Critical Thinking
This module is designed to equip learners with the essential tools and mindset to navigate complex transactions and investments with clarity and confidence.
Change Management
Managing change is paramount for sustained success. This subject equips you with the essential tools and strategies to navigate organisational transformations effectively.
People and Operations
Designed to address the unique challenges and opportunities within the industry, this content equips learners with the tools and knowledge needed to cultivate a high-performing team and streamline operational processes.
Problem Solving
Enhance analytical abilities, explore diverse solutions, and avoid common decision-making mistakes by delving into the critical skills of problem-solving and decision-making.
Leadership Essentials
Learn practical techniques for providing constructive feedback, setting meaningful performance targets, and supporting team members in reaching their full potential.
Course Duration
- Enrolments are valid for a period of twelve (12) months. RPL enrolments are valid for a period of seven (7) months. Course extensions of up to three (3) months may be granted upon request, with an applicable extension fee. Please refer to our terms and conditions for more information.
While we provide seven (12) months to complete the full course, individuals with an industry background or an understanding of the broking process may finish in a shorter time frame. This largely depends on personal capacity and available time. Those without an industry background but with more availability to study may also be able to complete the course within a shorter time frame.
CPD Hours and Post Nominal
Continued professional development hours are not based on how long it takes to complete your course.
Full Diploma
- Online/Virtual: 30 CPD hours
- RPL: 12 CPD hours
Diploma Upgrade from FNS40810-15:
- Online/Virtual: 22 CPD hours
- RPL: 10 CPD hours
Diploma Upgrade from FNS40820-21:
- Online/Virtual: 16 CPD hours
- RPL: 10 CPD hours
Post Nominal – DipFMBM
Payment Options
Payment can be made with credit card during the enrolment process or via the online learner portal, once the enrolment is complete. Alternatively, payments are accepted via bank transfer, the invoice number must be entered as the reference. Access to material and assessments will be granted once funds have cleared in our account.
Contact Us
- 03 9391 3643
- Int +61 39391 3643
- Suite 102, 139 Cardigan Street, Carlton VIC 3053
FNS50322 Diploma of Finance and Mortgage Broking Management - INCLUDING Business Fundamentals
