Graduate Diploma in Financial Planning to be launched on Thursday

News News & events

26 Jan 2016

Finance industry members will attend CPIT Aoraki's Visions restaurant to celebrate the launch of the graduate diploma and the degree major in Personal Financial Planning on Thursday, January 28 at 5.30 pm.

The launch will be attended by the Institute of Financial Advisers' chair, Michael Dowling, and Manager for Learning and Development, Andrew Gunn, as well as members from the education sector including Skills Org Chief Executive Officer Garry Fissenden and CPIT Aoraki Chief Executive Kay Giles. Representatives of the finance, banking and accounting sector will also be present.

The degree and graduate diploma courses in Personal Financial Planning are designed for regional delivery and will fit seamlessly into business courses currently offered by CPIT Aoraki.

"CPIT Aoraki is the only organisation in New Zealand which is offering a business degree with a major in Personal Financial Planning. This will give students a solid foundation for achieving the status of Authorised Financial Adviser – the industry equivalent of a chartered accountant. This is ideal preparation for anyone wanting to give financial advice in banking, insurance, or anywhere providing financial advice and wealth management," Dr Schwellnus says.

The specialisation is integrated as part of the broader degree in applied business management which means students who are already studying towards a business degree can complete their major in personal financial planning.

The Graduate Diploma in Personal Financial Planning has blended learning – with students having online training mixed with classroom teaching and one-to-one mentoring.

"We are using online learning where appropriate, but there will always be mentoring. Our courses are applied and so experience in the business environment is a very important aspect to all of our courses." Dr Schwellnus says.

The degree and graduate diploma courses were designed in response to increasing pressure on the financial services industry to ensure that financial advisers have the appropriate knowledge and skills.

Institute of Financial Advisers Chair Michael Dowling says that the new qualification was a sign of the profession's maturity.

"We're really pleased that CPIT Aoraki has come on board to provide these qualifications. These are good qualifications that go beyond what's expected and are part of increasing the upskilling of the profession."

Institute of Financial Advisers' Manager for Learning and Development Andrew Gunn says the new course was aligned with international standards and would be recognised internationally.

"The course has been mapped to international Financial Standard Planning Board learning outcomes and we are confident that this meets the qualification pre-requisite for the pinnacle designation of Certified Financial PlannerCM (CFPCM)."

All CPIT Aoraki business courses are offered during the day and in the evening, with summer courses, weekend sessions, and holiday courses also available to give people in full-time and part-time employment the opportunity to gain qualifications while working.

The Centre for the Assessment of Prior Learning can offer students who have been working in industry credits for their experience, giving people the possibility of gaining part of, or a full qualification.

"We have great options available for students to be credited for their experience, skills and knowledge and to be able to provide them with new skills at the level they need. This is education tailored to meet student needs," Dr Schwellnus says.