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Short Courses
Supervising the Professional Year
Region: Australia
The ‘Supervising the Professional Year’ short course equips experienced financial advisers to effectively supervise Professional Year (PY) candidates. It covers legislative requirements, supervisory responsibilities and PY plan design, while focusing on how communication, culture and planning fosters professional growth. Supervisors gain practical tools and insights to mentor ethically, manage compliance and support candidates’ throughout the formative experience of the PY.
The course will provide continuing professional development (CPD) under the category of ‘Regulatory compliance and consumer protections’.
Learning outcomes
There are two modules in this course, both covering the following learning outcomes:
- Explain the purpose, key roles and regulatory requirements of the PY
- Design and manage a compliant PY plan (PYP) in collaboration with candidates and the licensee
- Identify and describe the expectations, milestones and record-keeping requirements across each quarter
- Explain the supervisor’s role of mentor and compliance gatekeeper in the PY
- Evaluate ASIC’s findings and common challenges to strengthen supervision and candidate development practices.
Who is this short course suitable for?
- PY mentors and supervisors
- Small financial advice licensees
- Large licensee organisations
Duration, assessment and price
Price: $95 per person (GST inclusive). Corporate rates available on request.
Duration: Total approximately two (2) hours.
This short course comprises of two (2) modules. Each module takes approximately 45-60 minutes to complete, including interactive activities and knowledge checks.
Assessment: There is an assessment to be completed for each module. Each assessment contains eight (8) questions with a 75% pass rate.
This course is accredited for Regulatory compliance and consumer protection – 1.45 hours with the Financial Advice Association Australia (FAAA).
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Key features
The Ontrack Platform
Intuitive design and responsive interface
Easy and responsive accessibility across multiple devices
Create and set individual or group learning profiles
Curate multiple learning plans based on users’ roles and learning requirements
Comprehensive individual and group reporting
Track progress against learning plan requirements
Create and maintain a centralised lifelong learning repository
Upload a record of external and face-to-face training along with in platform education
Short Course Enrolment (Order) Form
Step 1. Select whether you are enrolling as an individual or on behalf of an organisation/company.
Step 2. Follow the instructions to complete the form.
If you need support, please contact our Ontrack Support team on 1300 527 526 or pdmail@kaplan.edu.au.