FASEA Releases Approved Grad Dip, Bridging Courses

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The Financial Adviser Standards and Ethics Authority has released its first round of approved Graduate Diploma and Bridging courses for advisers.

Taken from higher education provider institutions, this initial approved list, according to FASEA, regognises the alignment of the institutions’ listed programs with the Authority’s required curriculum and standards.

Taken from its release, FASEA’s list of approved current and historical Graduate Diplomas and Bridging Courses are outlined in this table:

In noting these courses will be added the its Degree Qualifications and Courses legislative instrument, the Authority also took the opportunity to summarise the qualification options and pathways for existing advisers:

Existing advisers with an approved degree

Existing advisers with a FASEA approved degree are required to complete FASEA’s Ethics for Professional Advisers bridging course to meet the Education Standard.

Existing advisers with non-approved degrees

Existing advisers who hold a relevant degree, will be required to undertake 4 courses consisting of:

  • Financial Advice Regulatory & Legal Obligations bridging course
  • Ethics for Professional Advisers bridging course
  • Behavioural Finance: Client and Consumer Behaviour, Engagement and Decision Making bridging course; and
  • FASEA approved unit (Financial Advice Capstone subject)

Existing advisers who hold a non-relevant degree

Existing advisers who hold a non-relevant degree will be required to complete seven courses towards a FASEA approved Graduate Diploma.

Existing advisers who do not have a degree

Existing advisers who do not have a degree will need to complete a FASEA Approved Graduate Diploma.

Depending on other coursework completed, recognition of prior learning credits may be available for study required to meet the Education Standard.