Financial and Mortgage Broking

Diploma of Finance and Mortgage Broking Management

FNS50322

  • Duration: Up to two years

  • Price: $1,820 up front | $84 per week (payment plan)

  • How it works: Study online. With a difference.

  • Start date: Immediately, or whenever you’re ready.

  • Entry requirements: No formal prerequisites | RPL available | Some equipment needed

  • Qualification type: Diploma

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Monarch Institute delivers highly practical nationally-recognised training for the finance and mortgage broking profession.

Enrol Now

Monarch Institute delivers highly practical nationally-recognised training for the finance and mortgage broking profession.

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  • Industry recognition and career advancement

  • Nationally recognised

  • Free membership to the IPA

  • Comprehensive skill development

Course Summary

Monarch Institute delivers highly practical nationally-recognised training for the finance and mortgage broking profession. Today, we’re changing the way that new brokers (and seasoned veterans) get ahead in their practice. You’ll benefit from the leadership of experienced industry educators. Like Shane Watson, with 20 years experience as a self-employed Finance Broker and extensive experience and qualifications in the finance, investment, and property industries.

Your Monarch Institute qualification isn’t just a piece of paper you get to tick a box for compliance. It’s your ticket to a stellar career in brokerage. You’ll be taught by experienced brokers, so you’ll learn the ins and outs of the industry. The insider info you can only get when you’re fully supported in your learning by people who really know their stuff. It’s more than just theory and textbooks. It’s an investment in your future – on your terms.

With the state of Australia’s housing market, and the number of mortgage products out there, there’s never been a greater need for quality advice. But as a broker, you won’t just be helping people get in to their first homes or investment properties. You’ll also be helping families grow their businesses, entrepreneurs get their start-ups off the ground, and more. Being a good broker isn’t just about closing deals. It’s about making sure that your clients get what’s right for their needs, and that the administration is handled effectively. Professional brokers may form decades-long relationships with their clients, so you’ll also need great people skills.

When you’ve finished the Diploma, you’ll be eligible to join some of Australia’s peak bodies for finance broking professionals as an accredited member. This course will allow you to provide advice on complex loan structures.

Even if you don’t end up working full time as a broker, you could pursue opportunities like:


Key opportunities:

 

  • Client service officer

  • Finance broking practice manager

  • Mortgage administration assistant

  • Lending officer

  • Loan underwriter

This course is designed to be completed within 12-24 months.

There is no minimum timeframe to complete this course. Students who are highly motivated and well organised can complete the full course at an accelerated pace.

The key factors that influence course completion are a student’s experience, time availability, how fast they work and how committed they are!

Study online. With a difference.

You’ll get:

  • Easy-to-follow course materials

  • Videos and webinars

  • Heaps of support from your course trainers (phone, email, Zoom)

  • A dedicated admin team on hand to guide you

  • Online assessments

  • Student Facebook group


How does it work?

This course has been developed to give you absolute flexibility. Study on your couch, on public transport, on your break at work, out in the park – wherever and whenever you like. The best part is, with Monarch Institute, ‘online’ doesn’t mean ‘alone’. You’ll be backed by our trainers at every step along the way.


What support will I get?

Your trainer will be happy to contact you via phone, Zoom, or email (Monday to Friday, 9am to 5.30pm). So you definitely won’t feel alone. You’ll also have access to our student Facebook groups, so you can discuss the material with other students. It’s a handy way to stay in touch with trainers and others in the same course

The experts who design and deliver our courses (click back to Course trainers to meet some of them) have developed an assessment framework that’s uniquely designed to help you gain a deep understanding of the material. They’ll give you the kind of knowledge and skills you can use in the real world as a business operator or manager. Assessment formats include:

  • Case studies

  • Multiple-choice questions

  • Short-answer questions

  • Roleplays – video self-recording and upload of the file

Immediately, or whenever you’re ready.
Get in touch about enrolling

 

 

"The portal provides valuable and downloadable material, and the course is well structured. The interactive elements, including the quizzes and case studies are engaging. It was a great experience and I will be recommending Monarch Institute to friends."

- Max Piras, Diploma of Finance and Mortgage Broking Management Graduate

 

 

 

Entry Requirements

There aren’t any formal prerequisites. But to make sure you get the most out of training with us, the following enrolment process applies:

  • Once we receive your enrolment, our friendly course consultants will touch base to undertake a pre-training review to ensure the training is right for you.

  • For students without an equal or higher level qualification, there’s a short language, literacy and numeracy quiz you complete online.

We may be able to take into account relevant knowledge and skills you’ve gained through previous formal or informal training, education and employment. To find out more, refer to our Student Information Handbook by clicking here, or get in touch with one of our friendly Course Consultants.

Please note this course uses a clustered unit delivery model so please speak to a Course Consultant about how this could affect any RPL or CT granted.

You will need access to the following equipment to successfully complete the course:

  • Working computer with Microsoft Office (2016 or later)

  • Access to the internet

  • Access to a smart phone, video camera or web camera is required

It’s also ideal to have a financial calculator on hand.

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Pathways

The Diploma of Finance and Mortgage Broking Management is a great career kick-starter. It’s also an ideal way to open more doors for those already working in the industry.

If you want to take your learning to the next level, you may be able to use the Diploma as a pathway for entry in to a related uni course. You may also be able to get course credit (similar to RPL) for the units that you’ve completed as part of your Diploma. It’s best to check with the uni you’re thinking of applying to before you enrol with Monarch Institute.

Units

In total, you need to complete each of these 15 nationally recognised units of competency in order to be awarded your FNS50322 Diploma of Finance and Mortgage Broking Management.

The units of competency listed below are packaged into 8 modules.


Module 1

Operating a Finance Business
Units are clustered

 

  • FNSINC411 Conduct work according to professional practices in the financial services industry

  • FNSCUS511 Develop and maintain professional relationships in financial services industry


Module 2

Finance Regulation and Licensing

 

  • FNSFMK515 Comply with financial services regulation and industry codes of practice


Module 3

Financial Products and Client Needs
Units are clustered

 

  • FNSINC412 Apply and maintain knowledge of financial products and services

  • FNSFMB412 Identify client needs and present broking options


Module 4

The Financial Process

 

  • FNSFMB411 Prepare loan application on behalf of clients


Module 5

Getting Ready for Settlement

 

  • FNSFMB511 Implement credit contracts in preparation for settlement


Module 6

Complex Finance
Units are clustered

 

  • FNSFMB512 Identify and develop credit options for clients with special financial circumstances

  • FNSFMB513 Present broking options to clients with special financial circumstances

  • FNSFMB514 Implement complex loan structures


Module 7

Ethics and Professional Development
Units are clustered

 

  • FNSINC514 Apply ethical frameworks and principles to make and act upon decisions

  • BSBPEF501 Manage personal and professional development


Module 8

Risk Management
Units are clustered

 

  • FNSRSK511 Undertake risk identification

  • FNSRSK512 Assess risks

  • BSBOPS403 Apply business risk management processes

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Industry recognition and career advancement

Completing this diploma online meets the licensing requirements set by the Australian Securities and Investments Commission (ASIC) and is recognised by professional bodies like the Mortgage & Finance Association of Australia (MFAA) and the Finance Brokers Association of Australasia (FBAA). This recognition can enhance your credibility and open doors to advanced career opportunities within the industry.

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Free membership to the FBAA

Get free student membership into the Finance Brokers Association of Australia (FBAA)

Membership gives you access to a wide range of resources you can use to help kick off your career. Click here to learn more

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Comprehensive skill development

This course equips you with essential skills for senior roles in the finance and mortgage broking industry, including client assessment, complex loan structuring, and team management.

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Nationally recognised

This course is nationally recognised. It’s structured and delivered under the Australian Qualifications Framework. This means you may be able to use it as a pathway to uni courses around Australia.

Finance and mortgage broking management training. For the real world.

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Trainers

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Graeme Porter

Financial and Mortgage Broking Trainer

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Shane Watson

Financial and Mortgage Broking Trainer

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Graeme Porter

Financial and Mortgage Broking Trainer

Open
Shane Watson

Financial and Mortgage Broking Trainer

Fees

Upfront Payment
$1,820
Payment Plan
$84 / week
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