Qualifications Framework
The Australian Qualifications Framework has developed an education pathway to cater for representatives at various stages of their careers. Regulatory requirements also stipulate that knowledge and skills must remain current in order to maintain their qualifications.
Under the framework, the training packages are structured as follows. Proed College currently offers courses mapped to Certificate III, Certificate IV, Diploma and Advanced Diploma levels.
Career Pathways
The characteristics of the financial services industry required a particular approach to training and assessment that takes account of industry needs. Specific industry characteristics include:
- High mobility among the workforce, with people moving across sectors and therefore requiring recognition of skills from one sector to a related one.
- A broad range of organisations operating within the industry, ranging from multinational banks and insurance companies, to micro businesses.
- A strong regulatory framework that underpins the training such as specific sectoral legislation/regulation.
- A heavy reliance on underpinning knowledge, particularly in the higher-level units.
Accurate contextualisation of training and assessment results in the development of competencies that are relevant to the industry sector as well as an individual organisation.
The competencies in the financial services training package may be attained in a number of ways including through:
- Formal or informal education and training
- Experiences in the workplace
- General life experience
- Any combination of the above.
Assessment under this training package leading to a qualification or Statement of Attainment (issued in partial completion of a qualification) may follow a learning and assessment pathway, an assessment-only or recognition pathway, or a combination of the two. | 