STUDYING FINANCIAL ADVICE

To become a Financial Adviser the Australian Government requires you to hold an approved degree.

Where can I study?

An approved degree is typically a Bachelor, Graduate Diploma or Master’s degree that majors in Financial Planning.

The below table outlines universities that are taking enrolments in approved degrees in 2025.

Click the tick to go to one of the approved degrees at that University.
Education Provider State Lead Academic Bachelor Graduate Diploma Masters Scholarships
Central Queensland University QLD Dr Angelique McInnes check cross cross Yes
Curtin University WA Dr Siwen Song check cross cross Yes
Deakin University VIC Mr Marc Olynyk check check cross Yes
Griffith University QLD Dr Kirsten MacDonald check check check * Yes
James Cook University QLD Dr Tania Driver check cross cross Yes
Kaplan Professional NSW Call 1300 135 798 cross check check * N/A
Royal Melbourne Institute of Technology VIC Professor Abdullahi D. Ahmed check cross cross Yes
Swinburne University of Technology VIC Associate Professor Reza Tajaddini check cross cross Yes
TAFE NSW NSW Mrs Marriane Said check check cross N/A
The Institute of International Studies VIC Michael Lehner cross check cross N/A
University of South Australia SA Mr Ron McIver check check check Yes
Victoria University VIC Associate Professor Leicha Bragg cross check cross Yes
Western Sydney University NSW Dr Peter Humphreys check cross cross Yes

*Masters column indicates the education provider offers an opportunity to integrate the CFP designation with their degree.

A full list of current and historical degrees can be found in the current degree legislative instrument under the heading called ‘Schedule 1 – Degrees and qualifications’.

FAAA Members are eligible to access tuition fee discounts of up to 28% from a range of postgraduate education providers.

Frequently asked questions

To offer financial planning a business must either hold an Australian Financial Services License (AFSL) or be authorised by an AFSL to offer financial planning services. Both large and small businesses offer the opportunity to become an employed financial adviser. Of course, you may also want to one day get your own AFSL and become what is known as self-licensed … and/or employ financial planners to work in your business.

There are many places to look but a good start is Striver and the FAAA Careers Centre.

We think so. There is currently a shortage of financial advisers in Australia, so much so, that the role is listed as being in “skills shortage” by the Government.

Anyone with the drive and passion and who wants to give great advice to help more Australians build a better financial future. Financial planning suits career changers as well as those who are recently out of university and wanting to work in financial services.

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