All courses of Financial Education Professionals

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FEP Online

Catalogue 2014

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Welcome to the 2014 Catalogue for FEP Online FEP Online is the online learning platform for Financial Education Professionals Pty Ltd. This is a

dynamic catalogue as we are constantly adding to our suite of subjects depending on our clients’

needs and market changes.

The subjects on this platform vary from short subjects to full qualifications. Therefore, the format

of each differs according to depth, pitch and content. In addition, as they are e-learning courses,

they employ a variety of tools and activities aimed at capturing the participant’s attention and

underpinning learning. All of our subjects attract points/ hours towards continuing professional

development. Most subjects employ “learning checks” which can screen existing knowledge up

front and test learning as the participant progresses. Many also employ formal assessments at

the conclusion of the course.

To assist in your choice, we have provided classification in the following Industry Areas:

Accounting;

Banking;

Compliance – ACL;

Compliance – AFSL;

Compliance Professionals;

Custody & Operations;

Financial Markets;

Risk Management

Self Managed Super Funds

In addition, we have advised of the pitch of each subject as:

Introductory – no presumed knowledge is required

Intermediate – some presumed knowledge and an expectation that you already work in

the area. At this level, the subjects are aimed at expanding pre-existing knowledge.

Advanced – a lot of presumed knowledge and work experience in the subject knowledge

area. At this level subjects are aimed at challenging and analysing known concepts.

Of course, you can always contact us for further advice at any time on:

(61) 2 9252 7437

[email protected]

Follow FEP on

mailto:[email protected]

http://www.linkedin.com/company/financial-education-professionals


ACL CPD for Credit Representatives

Subject Category Compliance – Australian Credit Licence

Subject Level Introductory

Subject Fee (incl. GST) $346.50 per person

Subject Fee (excl GST) $315.00 per person

Continuing Professional Development 20 points/hours

Assessment Task Multiple Choice Exam (open book)

ASIC’s Regulatory Guide 206 stipulates that credit representatives:

a) Providing independent home loan credit assistance must complete at least 20 hours of

Continuing professional development each year

b) Only providing home loan credit assistance in relation to their licensee’s own credit

products must complete:

i. A minimum of 20 hours of Continuing Professional Development each year; or

ii. A regular knowledge update review and sufficient hours of Continuing

Professional Development each year to enable completion of the knowledge

update review

c) All other representatives must complete between 10 and 30 hours of Continuing

Professional Development each year.

FEP Online delivers a short subject aimed at satisfying the regulatory requirements imposed for

those operating under an Australian Credit Licence (ACL).

The subject fees include access to the subject online and certification upon successful

completion of the assessment task.

ACL CPD for Responsible Managers

Subject Category Compliance – Australian Credit Licence






ASIC’s Regulatory Guide 206 stipulates that each holder of an Australian Credit Licence is

required to ‘maintain and update the qualifications and experience of your Responsible

Managers and ensure that your Responsible Managers undertake at least 20 hours of continuing

professional development (CPD) per year.

The Responsible Managers of each credit licence must keep up to date with credit industry and

regulatory developments in order to provide sound leadership for their organisation. ASIC


specifies a number of hours of continuing professional development (CPD) per year that

Responsible Managers must take. This CPD must relate to credit and compliance issues.

FEP Online delivers a short subject aimed at satisfying the regulatory requirements imposed for

those operating under an Australian Credit Licence (ACL).

The subject fees include access to the subject online and certification upon successful

completion of the assessment task.

Accounting for non-accountants

Subject Category Accounting






Our course introduces you to fundamental accounting principles, looks at how various financial

statements interact and the basics of cash flow management. It helps you understand basic

financial ratios and what they reveal about the business. The course is aimed at people who are

not familiar with accounting principles but would like to start gaining a better understanding of

how to evaluate businesses using accounting statements.

Introduction to Custody

Subject Category Custody & Operations





Assessment Task Multiple Choice Exam (closed book) plus

Research Assignment

The Custody Program has been designed to address the education and training needs of those

working in custodial services and to provide them with a career path.

The FNS41110 Certificate IV in Financial Markets Operations comprises two mandatory

subjects: Introduction to Financial Markets and this subject, Introduction to Custody. Whilst

together they constitute a qualification, you may elect to do either subject in isolation.

This subject covers:

Custody in the Financial Services Industry

Custodians and their clients


What Custodians do

Funds and fund structures

Role of custodians in investment transactions

Risk management and regulation

Custody Glossary

Introduction to Financial Markets

Subject Category Custody & Operations





Assessment Task Multiple Choice Exam (closed book)

The Custody Program has been designed to address the education and training needs of those working in custodial services and to provide them with a career path. The FNS41110 Certificate IV in Financial Markets Operations comprises two mandatory subjects: Introduction to Custody and this subject; Introduction to Financial Markets. Whilst together they constitute a qualification, you may elect to do either subject in isolation. This subject covers:

Economic Environment

Participants in the financial services industry

Securities

Derivatives

Financial products

Managed funds

Taxation

Regulation


AFSL CPD for Responsible Managers

Subject Category Compliance – Australian Financial Services

Licence

Subject Level Intermediate





This subject is designed to assist Responsible Mangers to meet their organisational competency requirements for their Australian Financial Services licence. All Responsible Managers are required to maintain their organisational competence. This means that they are required to maintain and update their knowledge and skills required to carry out the role of Responsible Manager. The subject fees include access to the subject online and certification upon successful completion of the assessment task.

AFSL CPD Knowledge test: Derivatives


Licence





Assessment Task Multiple Choice Exam (no book)

This knowledge test is a fast and convenient way of acquiring CPD recognition of benchmark specialist knowledge. For AFSL holders, we have compiled a series of short assessments to re-test and thereby meet the requirement under RG146 to maintain knowledge.


AFSL CPD Knowledge test: Foreign Exchange


Licence







AFSL CPD Knowledge test: Managed Investments


Licence








AFSL CPD Knowledge test: Securities


Licence







Australian Financial Services Regulations for AFSL holders

Subject Category Compliance – Australian Financial Services Licence





Assessment Task Multiple Choice Exam (closed book)

This subject is designed to offer an overview of their obligations under an Australian Financial Services Licence. It is particularly appropriate for new Responsible Managers, but has validity for anyone operating under an AFSL, wishing to gain

foundation regulatory knowledge.

Banking Basics

Subject Category Banking





Assessment Task Various (open book)

This subject is aimed at providing you with an introduction to banking, including how banks make money, key terminology and a fundamental understanding of credit risk.

The subject is designed for those interested in improving their understanding of

banks as well as those who are new to the sector.


Case Study – Conflict of Interest


Licence





Assessment Task Multiple Choice (open book)

This subject looks at a specific case study involving conflicts of interest. The case study introduces a scenario and asks you to consider various tools and measures which may be used to mitigate potential and actual conflicts that may arise in the

workplace. The case study is set in an AFSL context.

Case Study – Failure of Ethical Behaviours

Subject Category Various






A short case study examining a real event in Australian Financial Services history examining an instance where ethical behaviour was absent or severely corrupted. You are asked to consider a series of responses on how you would have handled

the situation to see if your decisions may have produced a different outcome.

Compliance Essentials

Subject Category Compliance Professionals


Subject Fee (incl. GST) 577.50 per person




An online companion to our extremely popular workshop – Compliance Officer Essentials, this subjects aims to provide a foundation-level understanding of a compliance role in an AFSL context. It examines the responsibilities of a compliance

officer and provides hints and templates to assist in discharging the role


Fundamentals Series: 1. Introduction to Financial Markets in

Australia

Subject Category Financial Markets






This subject is the foundation for the Fundamentals Series. It introduces you to Financial Markets in general, the notions of primary and secondary market, the

overview of the regulatory environment and who the main players are.

Fundamentals Series: 2. Introduction to Securities







This subject explains the operation of Australia’s equity markets and how these markets are used by companies and financial institutions both as a source of capital

and a source of investment return.

Fundamentals Series: 3. Introduction to Foreign Exchange







This subject provides an overview of the largest sector of the global financial markets – the foreign exchange market. It discusses the factors that drive exchange rates and exchange rate volatility and the impact that this has on major participants such

as banks, Governments and corporate customers.


Fundamentals Series: 4. Introduction to Fixed Interest







This subject explains the operation of Australia’s debt markets and how they are used by Governments, companies and financial institutions as a means of raising

capital or deriving investment returns.

Fundamentals Series: 5. Introduction to Funds Management







This subject provides an overview of Australia’s investment management sector and reviews the activities of major participants such as fund managers, platform

providers, research houses, custodians and advisors.

Fundamentals Series: 6. Introduction to Derivatives







This subject profiles and explains the workings of derivatives markets. The program seeks to demystify derivatives by focusing on how derivatives are used by financial institutions and corporate customers as a tool for investment and risk management.


Fundamentals Series: 7. Introduction to Investment Banking







This subject explains the key functions and activities of investment banks. The program discusses the activities for which investment banks are best known including mergers and acquisitions advice, market making wealth management and

treasury and custodial operations.

Fundamentals Series: Full Series



Subject Fee (incl. GST) $1,200.00 per person




This option allows you to purchase the full 7-subject series at a discount

RG146: Licensing Compliance for AFSL Holders - CFA© Gap Program1


Licence






This RG 146 Gap Training program enables CFA® Charterholders and Candidates to meet ASIC training requirements “for those providing financial product advice”. This shorter pathway allows you to gain compliance in five knowledge areas (Generic, Derivatives, Foreign Exchange, Managed Investments and Securities) through a single subject.

1 This is the price for General Advice. We assess skills via interview so please contact us if you need to be compliant to provide personal advice.


RG146: Licensing Compliance for AFSL Holders – Generic Knowledge


Licence






This subject provides RG146 compliance to provide general advice (when completed with one or more specialist knowledge subjects). The subject covers:

The Australian economic environment

Operation of financial markets

Financial markets and products

RG146: Licensing Compliance for AFSL Holders –

Deposit Products & Non- Cash Payment Products


Licence






This subject provides RG146 compliance to provide general advice (when completed with Generic Knowledge). The subject covers:

Interest rates and non-cash payment facilities

Legal environment – disclosure and compliance


RG146: Licensing Compliance for AFSL Holders – Derivatives


Licence







Australia’s financial system and markets

Types of derivative products

Risk management with derivatives

Trading with derivative products


RG146: Licensing Compliance for AFSL Holders - Foreign Exchange


Licence







Overview of the foreign exchange market

Foreign exchange conventions

Risk management, regulation and operational guidelines



RG146: Licensing Compliance for AFSL Holders – General Insurance


Licence







Insurance markets


Specialist general insurance

RG146: Licensing Compliance for AFSL Holders –

Managed Investments


Licence







Managed investment concepts

Types of managed investments

Investment principles

Analysing managed investments



RG146: Licensing Compliance for AFSL Holders – Margin Lending


Licence







Introducing margin lending

Margin lending facilities – product categories

Margin lending taxation

Benefits, risk and risk management

Lessons from recent prominent cases

Responsible lending


RG146: Licensing Compliance for AFSL Holders – Securities


Licence







Operation of securities markets

Types of products

Investment, portfolio management and risk

Taxation of securities



Risk Management Series – Credit Risk

Subject Category Risk Management






This course, which forms part of our Risk Management series, introduces the basic concepts of credit risk. It looks at the major factors impacting this type of risk and

examines current environmental conditions.

Risk Management Series – Financial Risk Management







This is the foundation subject in the Risk Management Series and introduces the concept of financial risk management. It starts by defining risk and then looks at a

risk management framework.

Risk Management Series – Market Risk







This course, which forms part of our Risk Management series, introduces the basic concepts of market risk. It looks at look at how market risk concepts can be applied to individual products such as spot foreign exchange, interest rate products and

options.


Risk Management Series – Operational Risk







This course, which forms part of our Risk Management series, introduces the basic concepts of operational risk. What is relatively new is the focus and attention that organisations must now place on operational risk as a distinct category of risk. This has been primarily driven by increased regulatory supervision through the recommendations made by the Bank for International Settlements (BIS), and also as a result of well-publicised risk management failures.

Risk Management Series: Full Series







This option allows you to subscribe to all four subjects in the series at a discounted price.


Annual Subscription to FEP Online

This option is available to you if you wish to access the whole library we offer within FEP Online. This will include access to any subject added to this catalogue during the period of your subscription. This option will be available from 2014

Corporate Arrangement

This is a volume-based arrangement that we offer to our corporate clients. Under this arrangement, we can offer large volume discounts as well as a licence option whereby we deliver content to you in SCORM-compliant format. Please contact us

directly to discuss your options here.

CONTACT DETAILS

Follow FEP on

E

T

A [email protected]

+61 2 9252 7437

Level 8

20 Loftus Street

Sydney 2000

http://www.linkedin.com/company/financial-education-professionals