Course code: MHE20529BF
Behavioural Finance for Financial Planners FASEA bridging course
OverviewAbout this course
Why do rational people sometimes make irrational decisions when it comes to money? The Behavioural Finance for Financial Planners introduces you to behavioural finance, where finance and psychology meet. Explore risk aversion, overconfidence and biases, and apply your learning to the behaviour of super funds, banks and insurers. You'll learn to recognise the nature and impact psychological factors have on investment behaviour and market outcomes.
This course meets the minimum education requirements for behavioural finance for financial planners, according to the Australian Government Treasury.
OutcomesWhat you'll gain
Learning outcomes
Through a mixture of theory and practical course work, learn to:
Debate the impact on clients of ‘optimal’ and ‘fully rational’ financial and investment decision-making
Identify weaknesses in standard approaches to investment decision-making
Apply behavioural finance concepts to inform ethical decision-making
Ensure the client’s interests are at the centre of all decision-making strategies
Recognise decision-making biases and implement strategies to overcome them
Assess contemporary challenges and opportunities in the application of behavioural finance concepts
Course outcomes
Develop specialist skills to gain an advantage in the job market
An essential FAS and FASEA-accredited qualification to meet the education requirements for financial planners and advisors
The skills to use behavioural finance concepts to analyse businesses and markets
Recognition and credit towards the Graduate Certificate in Financial Planning or the Graduate Diploma of Financial Planning
For existing advisers or those attaining the Professional Year (PY), a Continuing Professional Development (CPD) certificate will be provided upon successful completion of this subject. Please check with your licensee on the CPD policy requirements.
SuitabilityIs this course right for you?
Entry requirements
This course requires evidence of previous experience or study before you can enrol
You must provide certificates and transcripts to prove you have completed either:
A diploma in the area of financial planning, or
A bachelor’s degree in any discipline
Note:
Your certificates, transcripts and other entry requirement evidence must be certified through a Justice of the Peace or other authorising officer
Please ensure to attach all evidence when applying for this course to demonstrate the minimum entry requirements and for ease of the enrolment process.
Completion requirements
During your study you’ll need to provide your teacher with the following evidence:
Entry recommendations
To be prepared for this course, we recommend that you have:
Checked the requirements set by the Australian Government Treasury’s Financial Adviser Standards
An eye for detail and an analytical mindset
Effective communication skills
Critical thinking skills
You do not require an ATAR score for entry into this course.
If you are unable to meet the entry requirements, you may be eligible for special admission.
Please continue with your application and you will be guided to identify as mature aged (at least 21 years old in your first year of study) or disadvantaged (disability, serious or chronic illness, interrupted education, lack of support for study, serious personal problems and/or serious family responsibilities). Please contact us to find out more.
TAFE NSW is committed to meeting the learning needs of every community. Meeting these needs can mean there are additional entry requirements at different campus locations. Check your preferred location for further requirements. If you need help preparing for study, contact us to find out how we can support you.
PathwaysFuture career and study options
Career pathways
Our graduates go onto roles like: financial planner/adviser, financial/life coach, investment coach, compliance manager and senior roles in financial planning.
Licensing
This microcredential meets the minimum education requirements for behavioural finance for financial planners according to the Financial Adviser Standards (FAS). These are set by the Australian Government Treasury (and formerly set by the Financial Adviser Standards and Ethics Authority [FASEA]). The course is accredited with FAS and FASEA as an approved bridging course. Visit the FAS website for more information.
Study pathways
Take your study further with other courses offered at TAFE NSW:
Previous study0 Courses
Alternative pathways into this course
The Behavioural Finance for Financial Planners FASEA bridging course does not have any pre-requisite courses.
Further study2 Courses
Advance your skills to take your career to the next level
Related study1 Course
Strengthen your expertise and expand your employability
SubjectsSubjects in this course
Completion of this course requires you to successfully complete 1 subject.
Core Subjects
Elective Subjects
TAFE NSW servicesFacilities and support
TAFE NSW provides support services across all campus locations and online. Whatever your needs or circumstances, we have the people, resources, counselling and facilities to support you in focusing on your studies.
TAFE NSW Disability Support Service
TAFE NSW Language, Literacy and Numeracy (LLN) support
TAFE NSW Aboriginal Support; Learner support (ABE)
TAFE NSW Careers, Counselling and Pathways Service
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