Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
If your looking at the Dip FP to break into the industry, go the Kaplan course. This is the respected course amongst the financial planning industry.
I know this is an old thread but dont't waste your time with the introductory course, you'll be fine with the diploma course, although it gives a good understanding of financial planning its pretty straight forward and can be done by most people, especially if you have even the slightest idea about investing.
Just to clear it up, the Diploma of Financial Planning no longer exists. This is the one that used to be offered by several universities.
The course now is the Diploma of Financial Services (Financial Planning).
This will make you RG146 (PS146) compliant.
I'm not sure about the most respected but it would be the most widely known. There's bucket loads of places that offer the course.Do a search on the ASIC web site for approved courses.
http://www.asic.gov.au/eTraining/eTrain.nsf
I did mine through RG146 training Australia in a class room environment.
The majority of the class was from either AMP/Westpac/St George/or an Insurance company. I know AMP and Wespac have their own inhouse training as well. Try googling for AMP Horizon Academy.
I dare say you'd be pushing the proverbial uphill to land a planning job once finished the DipFS(FP). Nowadays you probably going to need either a degree of some sorts relevant to FP, some back office experience relevant to FP or experience as a paraplanner.
Its pretty basic stuff and even the Advance DipFS just adds another 4 topics.
I'm looking to do a fin planning course too. Kaplan looks quite good, never heard of them before. Also found a CFA level 1 course. looks quite good.
anyone has any idea on this? seems like lengthy compare to kaplan, but does cover most of the topics.
http://www.cfainstitute.org/cfaprog/courseofstudy/topic.html
Shail the CFA course is massive. about 50% of people fail and there is a lot of study involved - I think you need a 70% mark to pass as well.
I wouldnt undertake this lightly as a lot of accountant friends have done it and it is hard - harder than CA/CPA.
Have you started the course yet shail?
I'm just waiting to do it really. Part of me doubts that I should be doing it, as it's not going to help me career wise but I think you just have to look at it as helping us make money work for us!
Hopefully I will put in to register next month
Hey Shail how's the studying going?
can you let me know which course you finally decided to go with? I like Kaplan too just not sure where to start off from!
Have you registered yet Andrew?
all the very best to the both of you!!
Hey Shail how's the studying going?
I could use a more useful qualification by distance myself, so I have the option of a part-time job out here. Work pops up reasonably often for passably related roles run by Wesley United (a Christian mission) for counsellors, financial advisors - the sort that gets poor people out of sticky situations, not the sort that gets people richer - and similar kinds of helpy roles. I wonder where you'd start looking for a distance course to suit jobs like that? I applied for one a while back and didn't even get a look in, funnily enough.
Dont ask!
After successfully procrastinating for few weeks, had no excuse on easter break. finished 4 modules reading and solving questions.
First subject Fundamentals of FP has 9 modules, around 350 pages. starts with some basic stuff like, how to talk to client, and process of FP and advisory skills required, OHS etc.
3rd module is about our economy and 4th is taxation - I found this very informative. 5th is investment fundamentals. Rest modules are about the financial products and estate planning.
All modules have questions/activities and reading reference material.
As a migrant to this country and with very basic knowledge on accounting/economic I think the course will help me a lot.
All the best for whatever decision you make.