Qualification
Certificate

New Zealand Certificate in Financial Services (Level 5)


Qualification code OP5141

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.  It is delivered by distance, so if you’re already working in the industry, you won’t need to give up your job to get ahead in your career. Areas of specialisation within the programme include investment, insurance (life and health), Insurance (general), residential property lending advice or Financial Advice.

Find out about the legal and competency requirements for giving financial advice (Code Committee website, opens in new window)

  • Level 5  
    Credits 70 
  • Workload

    For each credit, allow about 10 hours of study. This may be higher near assessment due dates.

  • Study type Open  
  • Cost $2,130 NZ Domestic

    To qualify as an Authorised Financial Advisor, candidates must complete the Financial Advice Strand plus one other strand, with a combined total cost between $2,730 and $2,880. See the Choose Courses tab for more information.

  • Student loan

    Eligible for student loans, if you meet the criteria. Student loans and eligibility

For information about selecting courses to study towards this qualification, check out the Choose courses tab.

This qualification is suitable for individuals who are working in or who wish to enter the financial services industry. It is an appropriate qualification for those seeking to advance to specialist roles and/or enhance their skills and knowledge within retail and personal services areas of the financial services industry.

The Financial Advice strand is of particular relevance to those seeking to provide personalised financial advice. Graduates will be capable of self-management in roles in: Financial Advice; Investment; Life and Health Insurance; General Insurance or Residential Property Lending

What you will learn

Once you have completed the certificate you will be able to demonstrate the knowledge and application of:

  • professional practice, requirements of regulations, professional practice standards and operational guidelines as a financial adviser
  • an understanding of the stages of financial advice and products
  • an understanding of the relationships between economic environments and the financial market
  • the steps in giving financial advice.

In addition, depending on which elective set you study, you will be able to demonstrate competence in:

  • the principles of investment, investment risk and return, investment products and investment advice, OR
  • the principles of risk, risk management and underwriting, and specialist knowledge in at least one area of insurance, OR
  • the principles of lending, home loan products, the loan application process, and external factors that impact on the residential property market.

Key dates

Our open courses are open for enrolment every month. Each open course starts on the first Monday of the month you choose for enrolment. You must complete your study within the given start and end dates.

See key enrolment dates

Assessment and exam

Every course is assessed differently - some require assignments and others exams. Check the individual course pages for more information.

Information about assessment and exams

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