Financial planners are known for having hectic schedules. In between client meetings and preparing reports, financial planners need to be across market trends and develop insights to inform their financial advice. Now that the Financial Adviser Standards and Ethics Authority (FASEA) has announced new education standards for financial planners, you’ll be wondering how to find time to study and prepare to meet these requirements. Undertaking further study should not require you to put your life on hold. And with the flexibility of online study, you won’t need to.
Calculating your study commitments
If you’ve already completed a degree in financial planning or a related area such as accounting, you may be eligible to receive credit from Swinburne and be able to complete your degree sooner. Your previous education will determine how much further study you need to undertake to meet FASEA’s requirements.
For postgraduate units, it is recommended that you allow approximately 12 hours per week for your studies. For full-time workers, one unit per teaching period is suggested. Even if you complete one unit at a time, with Swinburne Online’s three teaching period model, you’ll still be on track to complete the Graduate Diploma of Financial Planning before the new standards come into effect. You can also choose to take on more units at a time, though it’s important to ensure you’re able to maintain a healthy work–study–life balance.
Dedicating time for study
Finding 12 or more spare hours in the week can be a challenging thought at first, but you have more study time than you might think. Consider any idle time you may have in between clients, how long you spend commuting to work, on your lunch break or waiting to pick up your kids. Your employer might even offer flexible work schedules or work-from-home arrangements. Know when your major assessments are due and ask your manager well in advance if this is available for you.
Use a study planner or schedule time in your calendar to study each week, just like you would schedule a meeting, and commit to it. You can benefit from Swinburne Online’s Student Coaches, who run workshops on study techniques and motivation. You might choose to study for two hours after work each night, leaving your weekend with a lighter workload. Or you may feel like you work better in longer sessions, and choose to study on Sunday afternoons.
Maximise your time with online study
Undertaking a course should not interrupt your busy life. Swinburne Online’s virtual classroom, Canvas, is designed to prioritise flexibility and ease of use. Canvas is open 24/7, allowing you to study from wherever you are at any time of the day. The only thing you need is an internet connection.
Instead of traveling to attend lectures at a scheduled time, you can engage with your learning materials and communicate with your peers when it suits you and be supported along the way. Our support teams work seven days a week to help you out with anything you may need, from enrolment queries with your Student Advisors and study tips with your Student Coaches, to content-related questions with your tutor, known at Swinburne Online as an eLearning Advisor.
Returning to study while working full-time is definitely possible. Book a call to discuss your Financial Planning study options with our Course Consultants today or view our FASEA-approved Graduate Diploma of Financial Planning.