Qualification Outline
22/07/2026 5:58 AM AWST
Whilst all efforts are made to provide accurate and timely information from the relevant source/documentation, please be aware that the information supplied may not be the most current version. The accuracy of the detail has not been confirmed by the Department and therefore should not be relied upon without first confirming the contents.
Diploma of Financial Markets
Diploma of Financial Markets
FNS51015
AWC2
Replaced
Transition (Replaced)
National Endorsed, State Implementation and Classification
Releases
| Release Version | Release Date | TGA Status | DTWD Status |
|---|---|---|---|
| 4.00 | 13/02/2018 | Current | Approved |
| 3.00 | 14/01/2016 | Replaced | Approved |
| 2.00 | 22/04/2015 | Replaced | Approved |
| 1.00 | 25/03/2015 | Replaced | Approved |
Description
This qualification reflects job roles in financial markets involving duties in the areas of client advising, operations and dealing. Individuals in these roles have autonomy in performing technical operations, apply solutions to a range of often complex problems, and research, analyse and evaluate information from a variety of sources. They apply initiative to plan, coordinate and evaluate their own work and provide guidance to others.
Licensing/Regulatory Information
Work functions in the occupational areas where this qualification may be used are subject to regulatory requirements. Refer to the FNS Implementation Guide Companion Volume or the relevant regulator for specific guidance on requirements.
Schedule
Packaging Rules
Total number of units = nine (9)- four (4) core units plus
- five (5) elective units
The elective units consist of:
- three (3) from the electives below.
Of the remaining two (2) units:
- up to two (2) may be from the electives
- up to two (2) may be from a Certificate IV, Diploma or Advanced Diploma in any currently endorsed training package or accredited course.
The elective units chosen must be relevant to the work outcome and meet local industry needs.
In packaging these units for qualifications it is important to note that each of the FNSASIC503 series units can only be counted once towards the issuance of a Diploma qualification, although they may be assessed and issued as Statements of Attainment as often as is required for industry compliance and participants' need.
In practice this means that should a participant achieve accreditation for say, FNSASICT503 Provide advice in managed investments, any future accreditation (and Statements of Attainment) they receive for any other units in this FNSASIC503 series cannot be counted towards a Diploma qualification.
1. Core Units
All four (4) units must be completed.
| State Code | National Code | Title | Hours | Type |
|---|---|---|---|---|
| AUR12 | FNSFMK501 | Analyse financial markets and information | 60 | Unit of competency |
| AUR82 | FNSINC401 | Apply principles of professional practice to work in the financial services industry | 20 | Unit of competency |
| AUS85 | FNSRSK502 | Assess risks | 40 | Unit of competency |
| AUL98 | BSBCOM406 | Conduct work within a compliance framework | 30 | Unit of competency |
2. Elective Units
At least three (3) units must be chosen from the elective units listed.
Please refer to the packaging rules for the full details of available options.
Replaces
| State Code | National Code | Title | Type |
|---|---|---|---|
| D722 | FNS51011 | Diploma of Financial Markets | Qualification |
Replaced By
| State Code | National Code | Title | Type |
|---|---|---|---|
| BFF3 | FNS51020 | Diploma of Financial Markets | Qualification |
No information
Entry Requirements
Nil.
Traineeships and Apprenticeships