This degree is closed to new applications. You may be interested in other courses
Bachelor of Business (Financial Planning)
Undergraduate
RMI-FIN-DEG 2019Course information for 2019 intake
Develop the core skills for a financial planner's license
Please note: This degree has been withdrawn and is no longer taking applications for new students. Existing students already admitted to the degree may continue enrolling in future subjects.
- Study method
- 100% online
- Assessments
- Subject may require attendance
- Credit available
- Yes
- Total subjects
- 24
- Available loans
- Australian Higher Education Loan Program (HELP)
- CSP available
- Yes
Bachelor of Business (Financial Planning)
About this degree
On the successful completion of this degree you will be equipped to:
- Apply a broad theoretical and technical knowledge of business practice in diverse contexts
- Apply theoretical and technical knowledge to provide in-depth specialist and professional advice related to financial markets, investments, superannuation, retirement planning, insurance and social planning
- Critically analyse and synthesise information to formulate effective business and financial decisions
- Apply reasoned judgements to solve problems in a variety of business contexts with reference to ethical, regulatory and global perspectives
- Reflect on performance feedback to identify and action strategies for improvement
- Communicate business data and concepts to professionals and non-professionals in diverse contexts
- Apply an adaptive and collaborative approach to working with others in a variety of business and professional contexts
- Apply, and integrate professional theory with practice in authentic Work Integrated Learning (WIL) contexts.
Please note: This degree has been withdrawn and is no longer taking applications for new students. Existing students already admitted to the degree may continue enrolling in future subjects.
This degree provides you the knowledge and adaptable analytical skills required in the finance service sector. The degree adopts a broad-based multidisciplinary approach to business finance and the opportunity for focused, professional training in the financial planning area. You will develop the professional financial planning skills to provide effective financial advice. While the main aim of the degree is to develop core skills to achieve a financial planner license, it will also expose you to the dynamic regulatory and legal environment in Australia. As a graduate of this degree you will be prepared to deliver key financial and accounting services relating to personal financial planning, taxation, estate planning, insurance planning and investment and social security planning.
Teaching and learning approaches for this degree may include: online learning activities, problem-based learning, assignments, projects, and communications with industry professionals. The types of assessment used in the degree may involve formal examinations, assignments, case studies, projects, and online tests.
The degree includes a capstone subject FNP34 Financial Advisory Practice, this capstone experience enables you to critically reflect on and consolidate your theoretical and practical learning in this degree.
As a financial planning professional you will be able to occupy roles in stockbroking, funds management, insurance, superannuation, and in other private sector or government organisations which have a requirement for high level, technical expertise in the financial planning area.
Recommended study pattern
This degree is an OUA Pathways degree, which means there is a recommended series of subjects that, once successfully completed, can be credited towards this degree. To commence the Pathway for this degree, simply select subjects from the Pathway stream below.
Students who aren't taking part in OUA Pathways can instead follow the study pattern below:
- Complete AFE135 (previously AFE134)
- Complete FNP11
- Complete the remaining core Level 1 subjects
- Complete the core Level 2 and 3 subjects
- Select and complete a total of 5 electives
Award requirements
To qualify for the Bachelor of Business (Financial Planning) from RMIT University students must complete 24 subjects, consisting of:
- Nineteen core subjects.
- Five elective subjects.
- Students must complete at least eight RMIT OUA subjects to be awarded a degree
- Students can take a maximum of 10 years to complete this degree.
Choose your subjects
Electives
Students may select electives from any units offered through Open Universities Australia. However, students should note the requirement that eight RMIT OUA units will need to be completed in order to obtain an RMIT degree. In order to satisfy this requirement, students may need to select one or more electives from the wide range of units offered through OUA by RMIT University.
Degrees are usually made up of core subjects and electives. Some degrees include a choice of majors, so you can focus your studies on a specialisation.
This list is a general overview. Download the full Degree Guide for more information.
To find out your eligibility for a Commonwealth Supported Place (CSP), please click on the "Add & Continue" button on the top of the page.
If you have taken up a Commonwealth Supported Place (CSP) through RMIT, you are not required to register for this degree. Therefore the below information does not apply to CSP students with RMIT.
However if you are a student studying with RMIT and accessing FEE-HELP or paying upfront and you are intending to complete the Bachelor of Business (Financial Planning), you must register for the RMIT degree. You are eligible to register as soon as you have successfully completed a minimum of two core RMIT OUA subjects within this degree. A fee of $180 is applicable to register for an award.
If you wish to Graduate at the Melbourne graduation ceremony in December, you must complete your final subject no later than Study Period 2 in the year you intend to graduate.
A payment will be required to attend the graduation ceremony in Melbourne; for information about payments or application dates please click here. Alternatively students can apply to graduate in absentia at any time.
To register for the degree or to apply to graduate please click here.
Open Universities Australia is a not-for-profit organisation. You will not pay any fees for using our services.
Indicative total fee $32,856
The amount shown here is indicative for an Australian citizen studying full-time, which is typically 8 subjects per year.
Fees may vary depending on:
- the subjects you choose
- credit from previous work experience
- your eligibility for government funding loans or subsidies such as HECS-HELP or a Commonwealth supported place.
To learn more, go to Fees or contact a student advisor.
One of Australia's largest dual-sector institutes, offering both TAFE and higher education, RMIT University proudly delivers work-related education and practical research relevant to current business and community needs. More than 96,000 students study with RMIT, and many of their degrees are available through Open Universities Australia.
Learn more about RMIT University.
Explore RMIT courses.
- QS World University Ranking 2025, within Australia:
- 10
- Times Higher Education World University Ranking 2025, within Australia:
- 16
Entry requirements
Successful completion of one full time semester (four subjects) towards an undergraduate degree or higher level of study at an Australian university
Successful completion of the Business Pathway;
OR
Successful completion of 2 Core subjects from the Bachelor of Business (Financial Planning)
Successful completion of Australian Year 12, or equivalent, with an ATAR of 65. VCE prerequisites: Units 3 and 4: a minimum study score of 25 in English (or equivalent) or 30 in English (EAL)
Successful completion of an Australian Associate Degree, Advanced Diploma, Diploma, Higher Education Diploma or equivalent.
Students may be able to receive credit for previous studies completed at other institutions. To have your credit formally assessed you must first register for the RMIT degree. You are eligible to register as soon as you have completed a minimum of two core RMIT OUA subjects. An administrative fee of $165 is applicable to register for an award (If you have taken up a Commonwealth Supported Place (CSP) through RMIT, you are not required to register for this degree).
Credit and exemptions will be assessed consistent with the principles of the RMIT University Credit Policy. Applicants who have completed studies or have partially completed a similar program at another institution (with entry criteria similar to this program) may be accepted with some credits or exemptions being granted towards this program.
Credit pathways between RMIT University VET programs, Higher Education Diplomas & Associate Degrees in the same or related discipline, enable you upon successful completion of a lower level qualification, at the required standard for admission, to apply for advanced standing in a higher level qualification.
Credit pathways between RMIT University programs enable you upon graduating from an RMIT University qualification to apply for advanced standing in a higher level qualification.
The current credit pathways for College of Business programs can be found at http://bit.ly/RMIT-Bus-Credit. These are subject to change.
Documentation will be required to support your application, such as:
- A certified copy of an Academic Transcript with final grades for Higher Education studies
- A certified copy of a Statement of Attainment for any completed TAFE studies
- Course outlines showing content, learning outcomes and assessment requirements
- An explanation of the grading structure used
Before lodging a credit transfer application students are encouraged to contact Business Central via RMIT Connect
Career opportunities
Graduates can expect to work in the private sector advising clients in personal financial planning matters, with employment pathways in stockbroking, funds management, superannuation, accounting, banking and insurance.
Professional recognition
The Bachelor of Business (Financial Planning) is accredited by the Financial Planning Association (FPA).
Students and graduates of the program are eligible to apply for membership of FPA. Completion of the programs core and specialised degrees will permit compliance with the requirements of RG146, in both the ‘generic’ and ‘specialised’ areas and skills requirements.
Australian job snapshots
Data sourced from Australian Jobs 2023.
Role | Earnings | Employment change |
---|---|---|
Finance Managers | Over $120K | Up 24.7% |
Financial Brokers | Over $120K | Up 47.5% |
Financial Dealers | Over $120K | Up 4.8% |
Financial Investment Advisers and Managers | Over $120K | Up 25.4% |
Degree FAQs
How long does it take to finish an online degree?
That's up to you! Because we let you choose when to study online, you can actually pick up and pause study when it suits you. Many universities have a set time you need to complete your degree within. For some this is up to 10 years, and for others there is no limit.
There are some degrees that are stricter about when you can take breaks, and about how many years you can take to complete your degree. Please always check with your uni what the limits are.
As a general guide, Commonwealth supported place students have 10 years to finish their undergraduate degree through OUA, However, if you're studying with Griffith University, there's a limit of 8 years to complete your studies. If you want to take a break that lasts more than two study terms, you'll need to apply for a leave of absence. You can apply for a leave of absence for up to 12 months, as long as you complete your studies within the maximum time allowed for your degree.
If you're studying with Macquarie University, with the exception of certain degrees, there's no limit to how long you can take. But, please check with Macquarie Student Administration to be sure.
If you're studying with the University of Adelaide, you have up to 9 years to complete your undergraduate degree and graduate.
If you're studying with La Trobe University and want to take a break of minimum 1 study term, you must apply for leave of absence to avoid being inadvertently withdrawn from your degree.
Through OUA, you can study all year round, so it's possible to fast-track and finish up sooner than studying at a traditional uni would allow. That said, you need to spend around 12 hours a week on each undergraduate subject you do, so taking on extra work to finish ahead of time can be challenging.
How can I pay for my studies?
You may be eligible for a HELP loan from the Australian government, depending on your citizenship status and where you'll be living during your studies. You can also pay upfront with your credit card.
Payment options are explained in Fees, and you can contact a student advisor for more information.
How does studying through Open Universities Australia work?
You might find learning through OUA a little different to how you've studied in the past. It can take time to develop the skills you need for independent online study.
We connect you with subjects and degrees that are taught by leading Australian universities. You can complete single subjects, or follow a degree structure to work towards a specific qualification. Subjects are offered in several study terms throughout the year, so you can choose to study part-time or full-time, continuously or with breaks.
We help you find the subjects or degree that's right for you, and we handle your enrolment in uni and some administration. Your uni sends you your study materials and deals with all academic matters. They're also in charge of your assessment and graduation. If you go on to complete a degree, you'll graduate from the uni offering your degree, for example, RMIT University or Griffith University.
How do I know if I‘m eligible to apply for a course?
Before starting an enrolment, it's important to read the entry requirements for your chosen course to ensure that you're eligible to apply. If you don't quite meet the requirements, we can help you find a pathway into your course through open-entry subjects, which anyone can study. Contact us to find out more.
When is my cut-off date for enrolment?
Our close of enrolment times vary. You can check the cut-off dates for upcoming study terms by visiting Key dates.
Why should I study online through Open Universities Australia?
There are a lot of reasons to study your course online through us.
You can enrol without entry requirements
We have a unique open-door policy that makes it possible for everyone to enrol in university study, no matter their academic history. If you don't meet the entry requirements for a degree, we'll help you get in through single undergraduate subjects and transition into a qualification from there.
You have total control over how you study
Upskill without committing to a whole degree upfront. Or enrol in a full degree, but take it a subject at a time. We'll introduce you to flexible study options you didn't even know about, so you can fit uni around what matters to you.You'll graduate with the same qualification as an on-campus student
Once you enrol through us, you'll study online with the university that provides your degree. This means that when you complete your qualification, you'll graduate with the same degree as on-campus students.We'll help you navigate the university world
Our friendly student advisors will be your guide every step of the enrolment journey. They'll help you compare universities, choose a course, provide documentation and understand your finance options.
How do I enrol?
Here at Open Universities Australia, we make enrolling online as straightforward as possible. To get started, find the course for you by browsing the options on this page. You can also compare different qualifications using our handy comparison tool, or request help from one of our student advisors.
When you've made your choice, click 'Apply now' on the relevant course page and follow the prompts to begin your enrolment. We'll ask you to supply some supporting documentation, including proof of your identity, your tax file number, and a unique student identifier (USI) during this process.
Your university will get in touch with you via email to confirm whether or not your application has been successful.
If you get stuck at any time, reach out to a student advisor and we'll talk you through it.
You can also take a look at our online self-service enrolling instructions.