Course Elective Completion :
At least 6 elective module/units must be completed. These may be chosen from groups 2, 3
Group 1 CORE UNITS
All module/units must be completed
* indicates that the module contributes to the grade of the award
NSWModule/Unit
Code / National
Module
Code / Module/Unit Name /
Nominal
Hours
BSBITU402A / Develop and use complex spreadsheets / 40
FNSASICZ503A / *Provide advice in Financial Planning / 50
FNSFPL501A / *Comply with financial planning practice ethical and operational guidelines and regulations / 50
FNSFPL502A / *Conduct financial planning analysis and research / 50
FNSFPL503A / Develop and prepare financial plan / 60
FNSFPL504A / Implement financial plan / 50
FNSFPL505A / Review financial plans and provide ongoing service / 40
FNSFPL506A / Determine client requirements and expectations / 60
FNSINC401A / Apply principles of professional practice to work in the financial services industry / 30
Group 2 ELECTIVE UNITS LISTED IN FNS50611
At least 4 module/units must be completed
Subgroup 1 ASIC
You may choose electives from this group
Module/Unit
Code / National
Module
Code / Module/Unit Name /
Nominal
Hours
FNSASIC301C / Establish client relationship and analyse needs / 40
FNSASIC302C / Develop, present and negotiate client solutions / 40
FNSASICQ503A / Provide advice in First Home Saver Market Linked Accounts / 50
FNSASICU503A / Provide advice in Superannuation / 50
FNSASICX503A / Provide advice in Life Insurance / 50
FNSASICY503A / Provide advice in Insurance Broking / 50
Subgroup 2 GENERAL UNITS
You may choose electives from this group
Module/Unit
Code / National
Module
Code / Module/Unit Name /
Nominal
Hours
BSBCUS501B / Manage quality customer service / 40
BSBINM401A / Implement workplace information system / 40
BSBSMB405B / Monitor and manage small business operations / 40
BSBSUS501A / Develop workplace policy and procedures for sustainability / 50
FNSCUS501A / Develop and nurture relationships with clients, other professionals and third party referrers / 50
FNSCUS502A / Monitor client requirements / 50
FNSCUS503A / Review business performance / 50
FNSCUS505A / Determine client requirements and expectations / 70
FNSCUS506A / Record and implement client instructions / 75
FNSFPL507A / Provide financial planning advice / 50
FNSFPL508A / Conduct complex financial planning research / 50
FNSIAD501A / Provide appropriate services, advice and products to clients / 70
FNSIBK403A / Implement an agreed insurance program for a broking client / 40
FNSIBK506A / Monitor broking clients / 50
FNSIBK507A / Review broking client service performance / 50
FNSIBK508A / Implement changes to broking client's insurance program / 50
FNSINC501A / Conduct product research to support recommendations / 80
Group 3 ELECTIVE UNITS FROM CERT IV, DIPLOMA & ADV DIPLOMA
You may choose electives from this group
Module/Unit
Code / National
Module
Code / Module/Unit Name /
Nominal
Hours
FNSCUS402A / Resolve disputes / 25
FNSINC601A / Apply economic principles to work in the financial services industry / 50
FNSORG508A / Analyse and comment on management reports / 40
FNSSMS601A / Provide advice in self-managed superannuation funds / 80
FNSSMS602A / Apply taxation requirements when advising in self-managed superannuation funds / 80
FNSSMS603A / Apply legislative and operational requirements when advising in self-managed superannuation funds / 80
Requirements to receive the qualification:
To achieve FNS50611 Diploma of Financial Planning (TAFE NSW course 10735),
learners are required to complete 15 units of competency, comprising:
- All 9 compulsory units from Group 1
- 4 elective units from Group 2
- 2 more elective units from Groups 2 and/or 3.