Course overview

Do you work for an Australian credit licensee and need to meet your ASIC RG 206 compliance?

Do you want to upskill and receive an industry-recognised qualification from a leading education provider?

Kaplan Professional’s FNS40122 Certificate IV in Credit Management is ideal for new entrants working for Australian credit licensees (ACLs), such as banks and credit unions in roles including responsible managers and credit representatives. It focuses on providing you with the skills and knowledge needed to fill a variety of credit-related roles, while meeting the education requirements outlined in ASIC’s RG 206.

The FNS40122 Certificate IV in Credit Management offers:

1. An understanding of how to analyse client needs and deliver customer solutions
2. Strategies to undertake credit analysis
3. An understanding of how to sell financial products, resolve client disputes and manage professional responsibilities

Please refer to the course outline for more information.

Subject information

Learning outcomes

On successful completion of this subject, individuals should be able to:

1. Accurately and efficiently evaluate and process loan applications
2. Identify and meet the needs of clients with lending needs
3. Develop productive relationships with clients
4. Apply knowledge of the financial services industry to their professional practice
5. Identify future learning opportunities for themselves

Topics

• Topic 1: Developing professional knowledge and self-management skills
• Topic 2: Evaluating and processing the credit application
• Topic 3: Providing service and resolving problems

Units of competency

The 10 units of competency are awarded for the successful completion of the FNS40122 Certificate IV in Credit Management; 7 core and 3 electives. For information on the units of competency see the Course Outline in the Course Overview tab.

Fees

Enrol directly into the program for $595 (GST excluded).

For additional study-related fees, please click here.

Duration

Individuals have a total of:

• 26 weeks to complete the learning and assessment requirements for the FNS40122 Certificate IV in Credit Management from their initial activation date.
• An additional four (4) weeks re-submission time – if an individual reaches the end of their initial enrolment period and has been deemed ‘not yet competent’ in one or more assessment items, then an additional four (4) weeks will be granted, provided the individual all assessment tasks have been attempted during the initial enrolment period. There’s no fee for this extension.

This means if an individual completes the learning and assessment, and the re-submission time in every subject is granted, the duration will be 30 weeks.

The amount of training for this course may be up to 6 hours per week. The amount of training is the hours an individual can expect to spend to complete their course work and assessments.

The assessment hours for this course are 8 hours per week. These are the hours a student can expect to spend engaged in assessment activities.

In addition to the amount of training, individuals who are new to industry or vocational training could need up to 7 hours per week known as unsupervised hours. These additional hours are for study skills or further research. For example, an individual not working in industry would need more time to review industry websites usually introduced in workplace compliance training.

Individuals working in the industry may be able to complete the course requirements in a shorter timeframe or less hours per week.

If an individual applies for extensions beyond the 26-week completion timeframe or is granted special consideration, the maximum period of time to complete this qualification is two years from the qualification activation date. If enrolling in single subjects with the intention of completing a qualification, the two-year timeframe is calculated from the initial activation date of the first subject.

Additional study-related fees apply to formal extensions and re-enrolments. Please refer to the Vocational Education Fees schedule found here.

Please also refer to our Vocational Education and Training (VET) Enrolment Terms and Conditions here or our Student Handbook here for important information on:

• Subject activation and completion timeframes
• Extensions
• Subject re-enrolment

Entry requirements

Individuals who are in Australia on a student visa are unable to enrol in this course. If you’re in Australia on a visa and wish to enrol, you need to ensure you’re enrolling in accordance with the study conditions of your visa.

Individuals are required to be aged 18 years or older to enrol in this course.

Enrolment information

Enrolment

You may enrol into this course at any time and begin studying immediately on enrolment.

Enrol now >

Delivery

This course is delivered online via Kaplan Professional’s learning management system, KapLearn.

You’ll receive login details to KapLearn on enrolment. When you log into KapLearn, you’re able to access the subject notes, assessments and additional learning materials. These include media, case studies, practice activities and your online tutor.

Assessments are accessed and submitted through KapLearn.

Corporate clients should contact our Corporate Solutions team on 1300 728 505 to discuss face-to-face delivery options and how we can tailor our training to your business needs.

Progression

Students who are successfully awarded the FNS40122 Certificate IV in Credit Management may choose to further their studies in the financial services industry by enrolling into the FNS40821 Certificate IV in Finance and Mortgage Broking, or the FNS50322 Diploma of Finance and Mortgage Broking Management.

Recognition of Prior Learning (RPL)

Individuals may be able to obtain Recognition of Prior Learning (RPL) for a Kaplan Professional award subject based on their previous study and/or work experience. To do this, individuals must submit evidence that demonstrates they’ve already met the requirements of the subject through these other means.

Evidence can take many forms. This includes information about approved study, information about work experience, certificates, transcripts or other credentials.

To find out if you’re eligible for RPL, please refer to our Credit Transfer and Recognition of Prior Learning (RPL) page.

Assessment

The assessments for this qualification are listed below. Units of competency are co-assessed. For further details on the  units of competency covered in this qualification, please refer to the subject outline, available under ‘Course Overview’. 

Individuals may attempt the exam and/or submit their assignment at any time if they believe they’re adequately prepared. Individuals will receive personal reminder emails as they approach their assessment deadlines. 

Individuals must be deemed ‘competent’ in all assessment items, including demonstrating competency in all of the exam questions, in order to be awarded their qualification.

The FNS40120 Certificate IV in Credit Management qualification will be awarded on successful completion of all units of competency.

To learn more about what to expect when completing an oral assignment using audio, please click here.

Exams venues

You can sit your exam while being supervised in your workplace or at a Kaplan Professional office.

Click here for Kaplan Professional office exam times and venues. 

Policies

Student policies

Individuals who enrol in a Kaplan Professional course are bound by our published policies, including the policy that sets out our rules for assessment. Individuals can review these policies here. The policies also assist individuals when their study program doesn’t go as planned and they need extra support.

Terms and conditions

Click here to access our terms and conditions.

Refund policy

Access our refund policy