-
Objectives
Deakin’s Graduate Diploma of Financial Services will provide you with a sound foundation for entering the financial services industry. The course is also designed to cater for the needs of those in, or wishing to enter, the insurance industry. The flexible structure of the course allows those who have achieved the Australian and New Zealand Institute of Insurance and Finance (ANZIIF) senior associate award to upgrade their qualification to fellowship level, or those who have an undergraduate degree to commence studies in insurance. If you subsequently apply for, and are accepted into, the Master of Business Administration, some credit may be given for units completed in the Graduate Diploma of Financial Services. By choosing appropriate units, completion of the Graduate Diploma of Financial Services can satisfy the education requirements of the Australian Insurance Industry's fellowship award.
-
Entry requirements
Applicants for the course must have completed a degree at an Australian university or hold equivalent academic qualifications. Applicants who are unable to satisfy this entry requirement may gain entry if they are able to demonstrate five years' relevant professional experience in the insurance industry and are senior associate members of Australian and New Zealand Institute of Insurance and Finance (ANZIIF).
-
Academic title
Graduate Diploma of Financial Services
-
Course description
Professional recognition
Completion of specified units within the Graduate Diploma of Financial Services will enable you to satisfy the educational requirements for fellowship of the Australian and New Zealand Institute of Insurance and Finance. It is also a means of upgrading to full professional status for students who have already gained senior associate membership. Those taking the financial planning stream also meet the entry requirements of the Financial Planning Association Certified Financial Planners Program with some advanced standing.
Fees and charges
Equivalent Full Time Student Load (EFTSL)
EFTSL is the standard annual full time load. Eight credit points is the standard full time load for one year of study.
This is a fee-paying course. Domestic students may be eligible for FEE-HELP assistance in paying these tuition fees. For more information about FEE-HELP go to http://www.deakin.edu.au/future-students/fees/
Fee paying place - Domestic (DFP)
A Fee paying place is one for which the university does not receive any government funding. As such, students enrolled in these places are required to contribute the full cost of their course.
Fee paying places are available to domestic students. Domestic students are those who are Australian citizens, New Zealand citizens or holders of a permanent visa.
* The 'indicative annual course fee' cited has been provided as a guide only. It has been calculated on the basis of a typical enrolment of a student undertaking the course in 2009, and reflects the cost involved in undertaking a full-time quota of units within the specified discipline.
The actual fees charged by Deakin University will depend upon the discipline from which each individual unit is chosen, and may vary from the indicative course fee cited, particularly if units are chosen from a number of disciplines. The cost of each unit offered in 2009 can be viewed at http://www.deakin.edu.au/current-students/handbooks2009/search.php.
Please note that the fees per unit/credit point may increase annually due to rises in the cost of course delivery and service.
Deakin assumes no responsibility for persons relying on 'indicative course fees' to calculate the total future cost of their course.
Career opportunities
On completion of the Graduate Certificate of Financial Services you may find employment in stockbroking firms, financial institutions, manufacturing businesses and in government.
Course rules
To satisfy the requirements of the Graduate Diploma of Financial Services a student must complete eight units (totalling 8 credit points). Students may choose to exit early with a Graduate Certificate of Financial Services consisting of 4 credit points from the Graduate Diploma of Financial Services structure. Students have the option of completing an Insurance or Financial Planning specialisation.
Specialisations
Insurance
Financial Planning
Course structure
Select 4 credit points of units from:
MAF702 Financial Markets
MAF707 Portfolio Investments and Financial Planning
MAF708 Retirement Income Streams
MAF709 Financial Planning Development
MAS701 Principles of Risk and Insurance
MAS702 Risk Management
MAS703 Reinsurance
MAS706 Theory of General Insurance
MPF753 Finance
Plus 4 credit points of units from:
MAS704 Property Insurance
MAS705 Liability Insurance
or any above listed unit not previously studied and any other postgraduate units offered by the Faculty of Business and Law, subject to the approval of the Course Team Chair, Graduate Diploma of Financial Services.
Admission requirements - general
Deakin University offers admission to postgraduate courses through a number of Admission categories.
In all categories of admission, selection is based primarily on academic merit as indicated by an applicant's previous academic record.
For more information on the Deakin Admissions Policy visit The Guide
Admission requirements - specific
Applicants for the course must have completed a degree at an Australian university or hold equivalent academic qualifications. Applicants who are unable to satisfy this entry requirement may gain entry if they are able to demonstrate five years' relevant professional experience in the insurance industry and are senior associate members of Australian and New Zealand Institute of Insurance and Finance (ANZIIF).
Advanced standing - general
The University aims to provide students with as much credit as possible for approved prior study or informal learning which exceeds the normal entrance requirements for the course and is within the constraints of the course regulations. Students are required to complete a minimum of one-third of the course at Deakin University, or four credit points, whichever is the greater. In the case of certificates, including graduate certificates, a minimum of two credit points within the course must be completed at Deakin.
You can also refer to the Advanced Standing System which outlines the credit that may be granted towards a Deakin University degree.
How to apply
Applications must be made directly to the university through the Applicant Portal referring to closing dates for applications as dates for particular courses may vary.
Your faculty may require further information from you when submitting your application. Please refer to the faculty information website for further details.
