New Zealand Certificate in Financial Services (Level 5) [Version 2]

NZ2315

This programme is delivered fully online. Watch our video to see what online study with Open Polytechnic is like.

The New Zealand Certificate in Financial Services (Level 5) is the qualification you need to meet the legal requirements for giving financial advice in New Zealand.

  •  
    Level
    5
  •  
    Credits
    65
  •  
    Study type
  •  
    Student loan

    This programme can only be studied part-time.  It is not eligible for course-related costs, living costs or student allowances from StudyLink.

Important programme information

NZ2315 New Zealand Certificate in Financial Services (Level 5) (version 2) is the current version of this certificate. It will give the competence, knowledge and skill you need to give regulated financial advice under the new financial advice regime that comes into force on 15 March 2021. 

Courses within this version of the qualification run for 16 teaching weeks.

Learn more about the new financial advice regime

 Student loan eligibility

You may be eligible to apply for a student loan for this programme, but you need structure your application for FSC521 and FSC522 to start at least two months apart. Upon successfully completion of FSC521, submit your application for enrolment in one of the specialist strands.

About this qualification

This programme is suitable for people working in or who wish to work in the financial services industry. It will help you advance to specialist roles, and enhance your skills and knowledge in retail and personal services areas of the financial services industry.

Areas of specialisation within the programme include:

  • investment
  • life, disability, and health insurance
  • general insurance
  • residential property lending.

It is of particular relevance to those seeking to provide individualised financial advice to meet clients’ personal needs.

Legal and competency requirements for giving financial advice - Ministry of Business Innovation & Employment website

 

 

What you will learn

When you complete this certificate, you will be able to demonstrate the knowledge and application of:

  • good conduct obligations, including the advice process and the key elements of legal, ethical, and professional obligations
  • key financial institutions, systems, markets, and products/services.
  • key factors in the economic environment that impact participants in the financial services sector.

Depending on which strand you study, you will be able to demonstrate  the knowledge and application of:

  • investment concepts, risk factors, products, processes and regulation
  • risk management and life, disability and health insurance concepts, products, processes and regulation
  • risk management and general insurance concepts, products, processes and regulation
  • residential property lending concepts, risk factors, products, processes and regulation.

Career opportunities

When you complete this qualification you will be qualified to work in a range of specialist areas and roles.

Investment:

  • Investment adviser,
  • paraplanner,
  • investment adviser support,
  • business development manager

Life, disability, and health insurance, and general insurance:

  • insurance adviser,
  • technical specialist,
  • adviser support,

Business development manager Residential property lending:

  • Mortgage broker,
  • technical specialist,
  • broker support,
  • business development manager.

Academic pathways

This qualification may follow on from the New Zealand Certificate in Financial Services (Level 4), with strands in Banking, Family/Personal Budgeting, and Insurance. That qualification is not a prerequisite for entry into this one.

When you finish this qualification you could progress onto higher level qualifications in financial services, or other business and management including:

  •  
    Level
    5
  •  
    Credits
    65
  •  
    Study type
  •  
    Student loan

    This programme can only be studied part-time.  It is not eligible for course-related costs, living costs or student allowances from StudyLink.