In order to work as a financial counsellor you must complete the required qualification, be eligible for membership of a state based financial counselling association, complete the required amount of professional development annually and receive professional supervision.
Diploma of Financial Counselling
To operate as a financial counsellor, a person needs to hold a Diploma of Financial Counselling or be studying for this qualification. The Diploma of Financial Counselling is a nationally recognised qualification offered by a number of training providers.
The course can be completed in one year of full-time study or over two years part time. The course combines online learning and face-to-face lectures, and includes 220 hours of placement in a financial counselling agency.
Financial counselling is a unique blend of counselling and advocacy work delivered within a framework of social justice. The course includes study of a number of areas of law, including consumer law, credit law and bankruptcy, as well as counselling and advocacy skills.
Other financial qualifications such as accounting or financial planning cannot replace the Diploma of financial counselling.
To find out more about the Diploma of Financial Counselling, training.gov.au.
The following Registered Training Organisations (RTOs) offer the Diploma of Financial Counselling.
The list is in alphabetical order. We suggest that anyone interested in studying the Diploma contact the RTOs to gain a better understanding of what is on offer.