National code: CHC51115

Diploma of Financial Counselling

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Overview About this course

Transform people’s lives and gain the experience and skills to become a valued financial counsellor. Learn culturally sensitive approaches to work productively and ethically with clients and empower people to improve their financial health.

Outcomes What You'll Gain

Learning Outcomes

Through a mixture of theory and practical course work, learn to:

  • Work directly and one-on-one with vulnerable people from diverse backgrounds

  • Help clients understand their legal and financial rights

  • Recognise and respond to crisis situations

  • Support and counsel clients through financial decision-making

  • Identify and apply technical information to assist clients with financial issues

Course Outcomes

Gain practical experience and develop specialist skills that give you an advantage in the job market.

  • Experience sourcing and completing 220 hours of mandatory work placement in industry

  • Confidence in working directly and one-on-one with vulnerable people from diverse backgrounds

  • The ability to help clients understand their legal rights

  • Skills in recognising and responding to crisis situations

  • Techniques to support and counsel clients through financial decision-making processes

  • Eligibility to apply for registration with your state’s counselling associations Strong pathways to continue your studies and enhance your career opportunities

Suitability Is This Course Right For You?

Entry requirements

This course requires evidence of previous experience or study before you can enrol

  • You'll need to provide a transcript of your Certificate IV or higher qualification OR

  • Demonstrate competence at exit level 4 or higher in an RUREADY language, literacy and numeracy test. You can complete this with TAFE NSW

Completion requirements

During your study you’ll need to provide your teacher with the following evidence:

  • Recent employment in the financial counselling or rural financial counselling fields, or an expressed desire to enter the financial counselling sector

  • Existing qualifications or experience working in finance, banking, accounting, financial planning, business finance or counselling

  • Cultural sensitivity with a range of clients from disadvantaged or vulnerable, culturally and linguistically diverse, and/or Aboriginal and/or Torres Strait Islander peoples/cultures

  • A non-judgmental and open-minded approach to your work

  • The ability to confidently advise clients and make decisions

  • Written and maths competency at an RUREADY language, literacy and numeracy test level 4

  • The desire to help and empower people and small businesses in debt

Entry recommendations

To be prepared for this course, we recommend that you have:

  • Recent employment in the financial counselling or rural financial counselling fields, or an expressed desire to enter the financial counselling sector

  • Existing qualifications or experience working in finance, banking, accounting, financial planning, business finance or counselling

  • Cultural sensitivity with a range of clients from disadvantaged or vulnerable, culturally and linguistically diverse, and/or Aboriginal and/or Torres Strait Islander peoples/cultures

  • A non-judgmental and open-minded approach to your work

  • The ability to confidently advise clients and make decisions

  • Written and maths competency at an RUREADY language, literacy and numeracy test level 4

  • The desire to help and empower people and small businesses in debt

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.

Pathways Future Career and Study Options

Career pathways

Our graduates go onto roles like:

Family Support Worker

Family Support Workers assist the work of Social Workers and Welfare Workers by providing services and support to families.

  • Full-time share Full-time workers usually work 35 hours or more a week (in all their jobs combined).

    67%

  • Employment size Employment size is the number of workers who do this as their main job.

    1,000 workers

  • Average age This is the average age of all workers in this job.

    43 years

  • Weekly pay Median earnings are shown for full-time, non-managerial employees paid at the adult rate, before tax or any amounts that are salary sacrificed. These figures are a guide to earnings only and should not be used to determine a wage rate.

    $1,250

  • Average full-time The average full-time hours that people in this role work each week.

    40 hours

  • Skill level rating Skill level ratings are based on the range and complexity of job roles. In general, the higher the skill level, the more formal education and training, previous experience or on-the-job training needed to be good at the job.

    High

  • Gender share

    90% female

  • Future growth The Department of Employment, Skills, Small and Family Business estimates the likely change in number of workers in this role, or industry, over the next 5 years. Future growth is the likely percentage change compared to all other job roles.

    Strong Growth

Other jobs include: Financial counsellor Rural financial counsellor

Licensing

To be able to work in the industry, you’ll need to gain membership with your state’s financial counselling bodies. Your teacher will provide more information throughout the course.

Study pathways

Take your study further with other courses offered at TAFE NSW:

Previous study 0 Courses

Begin here to gain experience and confidence in this study area.

The Diploma of Financial Counselling does not have any pre-requisite courses.

Further study 0 Courses

Advance your skills to take your career to the next level

The Diploma of Financial Counselling does not have any post-graduate courses.

Related study 3 Courses

Strengthen your expertise and gain specialist skills to expand your employability.

Your experience counts

At TAFE NSW, we recognise your previous study and work experience. You can apply for recognition of prior learning or a credit transfer with any of our courses. If you're successful you'll get your qualification faster.

Units Units taught in this course

Courses are made up of a combination of both core and specialty units. In the Diploma of Financial Counselling qualification, you’ll need to successfully complete 17 Units of competency, including 14 core and 3 speciality units.

Core units are central to the job outcomes of a particular industry or occupation. These are the units industry has agreed are essential to be capable and qualified at a particular study level.

  • Facilitate the financial counselling process CHCFIN001

  • Develop and use financial counselling tools and techniques CHCFIN003

  • Identify and apply technical information to assist clients with financial issues CHCFIN002

  • Support counselling clients in decision-making processes CHCCSL007

  • ... 4

TAFE NSW Services Facilities 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

  • TAFE NSW Libraries

  • Scholarship programs – be supported as you explore your talents and fulfil your potential

  • Smarthinking - online access to a tutor

  • LinkedIn Learning – an online resource which offers innovative courses and tutorials to improve your personal and professional skills

  • Student associations – get social with our student community

Delivery Options Find a Location to Enrol

On campus, online and blended study environments; at TAFE NSW your learning works with your lifestyle. Heart your favourites, compare courses and discover what works for you.