New Zealand Certificate in Financial Services (Level 5) with strands in Banking, Financial Advice, Life and Health Insurance, Residential Property Lending

Overview
Details
Key Information for Students

Programme highlights

Want to get your foot in the door within the financial services industry?

Study the nationally recognised New Zealand Certificate in Financial Services to open up career opportunities for you in the dynamic world of Banking, Financial Advice, Insurance or Residential Property lending.

Our programme offers real-world experiences while you study and opportunities to network with the world of business.

Take advantage of our flexible learning options to study full-time, part-time or while you are still working. Our resources fully support a range of study options – so have a chat with us to plan the best study solution for you.

Choose a strand

Complete this certificate by starting with the two compulsory core courses in professional practice and financial advice in the financial services industry. Then choose your specialised strand to match your career objectives, from:

Banking
Financial Advice
Life and Health Insurance
Residential Property Lending.

Download the Programme Guide and Timetable

Flexible study option

Key facts

Start Month(s)	February; July
Study Location(s)	MIT Manukau and/or online (domestic students)
Level	5
Domestic fees	$3,600 (approx.) per year See Key information for students
Youth Guarantee	Not available Click here to find out more
Programme Code	NZ2315

Duration	Banking, Life and Health Insurance and Residential Property Lending: 19 weeks full-time (includes 3 weeks of breaks), or part-time Financial Advice: 30 weeks full-time (includes 6 weeks of breaks), or part-time. See Key information for students
Study Method	Full-time or part-time with flexible learning options
Credits	60-70
International Fees	$11,800 (approx.) per year
Māori and Pasifika Trades Training Scholarship	Not available Click here to find out more
Qualification	New Zealand Certificate

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Need help applying?

We're here to support you to succeed.

If you need help with applying or advice on choosing a programme, our Information and Application Centre is here to give you guidance.

Send us a message, call us on 0800 62 62 52 or come in and see us.

_{Information is correct as at August 2017. Programme fees may vary depending on your final selection of courses that make up your programme. To provide you with an indication of costs, the approximate fees quoted on this website are based on the indicative 2018 fee structure. [Programmes stated as eligible for free study in 2018 are based on the 2017 fee structure and subject to funding confirmation for 2018.] All fees are in New Zealand Dollars. If your fees are paid by credit card, a credit card fee will be payable in addition to programme fees. You will be advised of the current fees at the time of enrolment. All courses and programmes will proceed subject to numbers and academic approval. Manukau Institute of Technology is accredited under the provisions of the Education Act 1989.}

Entry requirements

Applicants must meet the following criteria

a minimum of 14 numeracy credits at Level one or higher in Mathematics or Pāngarau on the Directory of Assessment Standards; and
fifty credits at Level two or above with at least 12 credits in each of three subjects including a minimum of 8 literacy credits at Level 2 or higher in English or Te Reo Māori; of which 4 credits must be in reading and 4 credits must be in writing; and
The literacy credits will be selected from a schedule of approved achievement standards and unit standards found on the NZQA website; or
Equivalent to the above.

English Language Entry Requirements

English language requirements for all applicants

Applicants must have sufficient competence in the English language to undertake this programme which is taught and assessed in English. This will be demonstrated by meeting the current NZQA requirements.

For the minimum English language requirements refer to: manukau.ac.nz/english-req

International students

Test your English level to help you plan.

Take our free online English test to get a basic indication of your English level. This will help you understand what programmes you can apply for and what preparation you may require before you start your programme of study.

Find out now.

Provisional Entry

Students who have attained the age of 20 years and do not hold the minimum entry requirements for a programme will be eligible to be enrolled as a student where their previous educational, work or life experience indicates they have a reasonable likelihood of success. Students who have not attained the age of 20 years and do not hold the required minimum entry requirements for a programme may also be eligible to enrol in exceptional circumstances. Such decisions will be made by the Faculty Dean.

Career opportunities

Graduates of this qualification may choose to progress into other financial services or business qualifications at higher levels such as the Bachelor of Applied Management.

Graduates may be qualified to work within specialisations such as:

Banking: branch managers (retail), relationship managers (small business and wholesale inclusive), senior relationship managers (small business and wholesale inclusive), investment specialists, branch managers, associate private bankers, private bankers , risk and compliance managers
Financial Advice: Financial Advisers (particularly those seeking to become Authorised Financial Advisers, for whom this strand is a regulatory requirement)
Life and Health Insurance: senior underwriter, accounts manager (customer/client), product specialist, claims specialist, senior risk advisor, risk advisor, branch manager, domestic broker, senior broker, broker
Residential Property Lending: credit managers, private bankers, mortgage brokers and financial advisers

Programme structure

You will need to complete the following courses

Core courses

Professional practice in the financial services industry (15 credits)

Learn about the level of professionalism required in the financial services industry.

Finance advice research and analysis processes (15 credits)

Gain understanding of the wider financial services environment and research fit for purpose financial or insurance solutions.

You will also need to complete the following courses specific to your chosen strand:

Banking strand

Banking services within financial markets and systems (15 credits)

Demonstrate an understanding of banking services within financial markets and the nature of the economic impacts.

New Zealand banking environment (15 credits)

Gain the knowledge to select and apply banking products and services to meet customer needs.

Financial Advice strand

Financial advisers authorized framework (15 credits)

Demonstrate an understanding of the legislative and regulatory requirements of category 1 advisors.

The financial advice process (15 credits)

Learn how to apply the six step financial advice process to provide professional client service.

Financial markets and systems (10 credits)

Gain an understanding of financial advice services within financial markets and the nature of the economic impacts.

Life / Health Insurance strand

Insurance services within financial markets and systems (15 credits)

Demonstrate an understanding of life and health insurance services within financial markets and the nature of the economic impacts.

Life and health insurance principles, products and processes (20 credits)

Learn about risk management concepts associated with personal risk (life and health) insurance.

Residential Property Lending strand

Residential property lending within financial markets and systems (15 credits)

Demonstrate an understanding of residential property lending services within financial markets and the nature of the economic impacts.

Residential property market and borrowing (15 credits)

Learn the skills required to understand residential property lending concepts and the relationship between residential property lending products and individual needs, and the ability to provide fit for purpose solutions for borrowing.

Key dates

To find the start date of your programme intake listed above, please view the Academic year and key dates.

Further training or study

Bachelor of Applied Management (Level 7)

Offered by

Faculty of Business and Information Technology, MIT Manukau, Corner of Manukau Station Road and Davies Avenue, Manukau (directly above Manukau Station)

Apply now

Need help applying?

We're here to support you to succeed.

If you need help with applying or advice on choosing a programme, our Information and Application Centre is here to give you guidance.

Send us a message, call us on 0800 62 62 52 or come in and see us.

Key information for students

New Zealand Certificate in Financial Services (Level 5)

Entry Requirements
Minimum requirements [?] Any minimum or preferred criteria for entry to this qualification.	Academic 1. A minimum of 14 numeracy credits at Level one or higher in Mathematics or Pangarau on the Directory of Assessment Standards; and 2. Fifty credits at Level two or above with at least 12 credits in each of three subjects including a minimum of 8 literacy credits at Level 2 or higher in English or Te Reo Maori; of which 4 credits must be in reading and 4 credits must be in writing; and 3. The literacy credits will be selected from a schedule of approved achievement standards and unit standards found on the NZQA website; or 4. Equivalent to the above. Students who have attained the age of 20 years and do not hold the minimum entry requirements for a programme will be eligible to be enrolled as a student where their previous educational, work or life experience indicates they have a reasonable likelihood of success. Students who have not attained the age of 20 years and do not hold the required minimum entry requirements for a programme may also be eligible to enrol in exceptional circumstances. Such decisions will be made by the Faculty Dean. English Language Entry Requirements 1) English language requirements for all applicants Applicants must have sufficient competence in the English language to undertake this programme, which is taught and assessed in English. Any applicant whose first language is not English may be required to provide evidence of their English language competency. (2) English language requirements for applicants for whom English is a second language Applicants for whom English is a second language (including International applicants) seeking entry into this programme must meet the current NZQA English language requirements for Certificates as specified in the table found at http://www.nzqa.govt.nz/about-us/our-role/legislation/nzqa-rules/nzqf-related-rules/the -table/
Detailed requirements [?] Click here for more information on any additional entry criteria for this qualification.	More information about entry to this qualification
Duration [?] The minimum amount of time it takes to complete this qualification.	21 Weeks

Tuition Fees	Annual	Total Qualification
Student fees [?] Annual: The annual tuition fees payable by a student to study this qualification, additional to what the government contributes. (This is an average based on recent course enrolments. Your fees may differ depending on your course selection.) Total Qualification: The total tuition fees payable by a student to study this qualification, additional to what the government contributes. (This is an average based on recent course enrolments. Your fees may differ depending on your course selection.)	N/A	N/A
Government tuition subsidy [?] Annual: The average annual amount paid by government towards the tuition fees for this qualification, additional to what the student pays. (This is an estimate based on the fees subsidy paid by government to tertiary providers last year.) Total Qualification: The average total amount paid by government towards the tuition fees for this qualification, additional to what the student pays. (This is an estimate based on the fees subsidy paid by government to tertiary providers last year.)	N/A	N/A
Total [?] Annual: The combined total of the annual amount paid by both the student and government towards the tuition fees for this qualification. (This is an estimate based on recent course enrolments and the fees subsidy paid by government to tertiary providers last year.) Total Qualification: The combined total of the amount paid by both the student and government towards the total tuition fees for this qualification. (This is an estimate based on recent course enrolments and the fees subsidy paid by government to tertiary providers last year.)	N/A	N/A
Compulsory student services fee
Student loan information [?] Click here for more information on loans and allowances.	StudyLink
Student Success
Successful course completions [?] The percentage of students who successfully completed courses towards this qualification last year.	N/A
National Graduate Outcomes (3 years after completion)
Median earnings [?] The median represents the middle value for all earnings of young graduates who completed a qualification in this subject area at this level nationally. Earnings do not relate specifically to graduates who completed qualifications at this TEO.	N/A
Earnings range [?] The range shows the upper and lower quartile values representing the one quarter point and three quarters point for all earnings of young graduates who completed qualifications in this subject area. Half of all graduates had earnings within this range.	N/A - N/A
In employment [?] This percentage relates to young graduates who completed a qualification in this subject area at this level nationally and does not relate specifically to graduates who completed qualifications at this TEO.	N/A
In further study [?] This percentage relates to young graduates who completed a qualification in this subject area at this level nationally and does not relate specifically to graduates who completed qualifications at this TEO.	N/A
On a benefit [?] This percentage relates to young graduates who completed a qualification in this subject area at this level nationally and does not relate specifically to graduates who completed qualifications at this TEO.	N/A
Note: all KIS information is the most recent available relating to domestic students only. Click here for more information about the Key Information for Students