Financial Counselling

The Bachelor of Financial Counselling at RMIT University is a comprehensive undergraduate program designed to prepare students for a rewarding career in financial advisory services, focusing on helping individuals and families manage their finances effectively. This program offers a blend of theoretical knowledge and practical skills, equipping graduates with the expertise necessary to provide informed financial guidance, assess clients’ financial situations, and develop tailored budget plans and debt management strategies. Throughout the course, students will explore core topics such as banking, financial planning, consumer rights, and ethical considerations in financial counselling. The curriculum emphasizes critical thinking, communication skills, and ethical practice, ensuring that graduates can deliver personalized support while adhering to industry standards and regulations.

The program is designed in close alignment with industry requirements and features opportunities for hands-on learning through industry placements and real-world case studies. Students will engage with current financial products, government assistance programs, and legal frameworks affecting consumers, preparing them to navigate complex financial issues faced by diverse client groups. Additionally, the program integrates contemporary topics such as financial literacy, digital banking, and crisis intervention techniques, making graduates well-equipped to address a wide range of financial challenges.

Graduates of the Bachelor of Financial Counselling will be prepared to work in various sectors, including community services, government agencies, non-profit organizations, and private consultancies. They will be capable of conducting financial assessments, providing debt counselling, developing financial education programs, and advocating for consumer rights. The program also emphasizes ethical practice, confidentiality, and cultural sensitivity, ensuring students can deliver respectful and effective advice within diverse communities.

RMIT’s state-of-the-art facilities, experienced faculty, and strong industry connections provide an enriching learning environment that fosters professional growth. Upon completion of this program, graduates will have the credentials and practical experience needed to pursue careers as financial counsellors, debt advisers, or financial educators, contributing to improved financial wellbeing for individuals and communities. The Bachelor of Financial Counselling at RMIT is ideal for students passionate about empowering others through financial literacy and support, and who wish to make a meaningful difference in people’s lives.

Program Content for the Master of Financial Counselling at RMIT University

The Master of Financial Counselling at RMIT University is a comprehensive program designed to equip students with the essential knowledge and practical skills required to assist individuals and families in managing their financial challenges effectively. This program covers a wide range of topics related to personal finance, including budgeting, debt management, financial planning, and understanding financial products and services. Students will learn to analyze clients' financial situations, develop customized financial plans, and provide guidance on budgeting strategies, saving plans, and debt reduction techniques.

Throughout the program, emphasis is placed on developing strong communication and counseling skills, enabling graduates to work empathetically and effectively with diverse client groups. The curriculum includes coursework on ethical considerations, legal and regulatory frameworks pertinent to financial counseling, and current issues facing vulnerable consumers. Students will also engage in practical training through case studies, simulated client interactions, and industry placements, providing real-world experience that enhances employability.

The course content integrates theoretical foundations with applied practice, preparing students to address complex financial problems faced by clients. Topics such as financial literacy promotion, working with financial hardship, and crisis intervention are integral parts of the program. Additionally, students will learn about the role of financial counselors within community services, government agencies, and non-profit organizations.

Graduates of the Master of Financial Counselling will be equipped to provide expert advice and support to individuals experiencing financial difficulties, helping them achieve greater financial stability and independence. This program aims to foster a deep understanding of the social and economic factors influencing financial behavior, empowering future professionals to make a positive impact in their communities.

The Bachelor of Financial Counselling at the Royal Melbourne Institute of Technology (RMIT) University is designed to equip students with comprehensive knowledge and practical skills to assist individuals and families in managing their financial situations effectively. The program curriculum emphasizes a deep understanding of financial literacy, budgeting, debt management, and consumer rights, preparing graduates to work in various community services, nonprofit organizations, government agencies, and financial institutions. The coursework includes core subjects such as Foundations of Financial Counselling, Financial Decision-Making, Legal and Ethical Considerations in Financial Counselling, and Crisis Intervention Strategies. Students also undertake specialized units like Negotiation and Communication Skills, Financial Planning and Advice, and Cultural Competency in Financial Services to enhance their professional capabilities. Practical experience is integral to the program, with students participating in industry placements and community engagement activities that provide real-world exposure to financial counselling scenarios. Admission requirements typically include completion of secondary education with a satisfactory academic record, and in some cases, relevant work or volunteer experience may be advantageous. The program is accredited by relevant industry bodies, ensuring that graduates meet professional standards and are eligible for membership in financial counselling associations. The duration of the program is generally three years for full-time students, with part-time study options available to accommodate working professionals. Upon graduation, students are prepared to pursue careers in financial advisory roles, debt counselling, financial education, and advocacy, contributing positively to community welfare and financial empowerment. The university also offers pathways for further study, including postgraduate qualifications in related fields. Overall, the Bachelor of Financial Counselling at RMIT combines theoretical knowledge with practical application, fostering competent practitioners committed to ethical practice and social justice in financial services.

Want to improve your English level for admission?

Prepare for the program requirements with English Online by the British Council.

• ✔️ Flexible study schedule
• ✔️ Experienced teachers
• ✔️ Certificate upon completion

📘 Recommended for students with an IELTS level of 6.0 or below.

Enroll in the course

Tuition fees for the Financial Counselling program at the Royal Melbourne Institute of Technology are structured to accommodate both domestic and international students, reflecting the university's commitment to accessible education. For domestic students, the annual tuition fee is approximately AUD 9,000 to AUD 10,000, depending on the specific semester and any applicable government funding or subsidies. International students typically pay higher fees, with costs ranging around AUD 22,000 to AUD 25,000 per year. These fees can vary slightly based on the intake period and whether students opt for full-time or part-time study modes.

The program offers various financing options to assist students in managing their tuition costs. Full-time students may have access to student loans and financial aid programs provided by the Australian government, such as FEE-HELP, which allows eligible students to defer payment of their tuition fees until they are earning above a certain income threshold. International students are generally required to pay their tuition fees upfront or through approved payment plans, as there are fewer government-supported loan options available to them.

RMIT also provides scholarships and bursaries aimed at supporting students enrolled in financial counselling studies. These scholarships are awarded based on merit, financial need, or a combination of both, and they can significantly reduce the financial burden for eligible students. Additionally, students are encouraged to explore part-time work opportunities available on or near campus, which can help offset living expenses and contribute toward tuition fees.

Students are advised to contact the RMIT Student Finance Office for detailed information on the latest tuition fee rates, payment deadlines, and available financial assistance programs. RMIT also promotes early application for scholarships and financial aid to ensure students secure funding well before the commencement of their studies. International students should consult specific visa requirements, as proof of funds and coverage for tuition are necessary for visa applications. Overall, the university strives to provide comprehensive support to help students finance their education effectively, aiming to make the pursuit of a career in financial counselling accessible to a diverse student body.

The Bachelor of Financial Counselling at RMIT University is designed to equip students with the essential skills and knowledge necessary to assist individuals and families in managing their financial challenges. This program emphasizes a comprehensive understanding of financial literacy, ethical principles, and professional practices relevant to financial counseling. Students will explore various aspects of personal finance, including budgeting, debt management, financial planning, and crisis intervention, preparing them to provide tailored advice and support to diverse client needs.

The curriculum incorporates both theoretical foundations and practical applications, ensuring that graduates are ready to engage effectively within the financial services sector. Throughout their studies, students participate in case studies, role-playing scenarios, and internships, which provide real-world experience and enhance their problem-solving abilities. RMIT's industry partnerships and expert faculty facilitate access to current practices and emerging trends in financial counseling, making the program highly relevant and up-to-date.

Graduates of the Bachelor of Financial Counselling can seek employment opportunities in community organizations, government agencies, financial institutions, and private practice. They are prepared to work as financial counsellors, advice workers, or financial capability officers, helping clients improve their financial literacy and achieve greater financial stability. Additionally, the program lays a foundation for further postgraduate studies in related fields such as social work, finance, or public policy.

The program emphasizes ethical considerations, cultural sensitivity, and client-centered approaches, which are vital in building trust and providing effective support. Students are encouraged to develop strong communication skills, emotional intelligence, and a professional value system aligned with the mission of social and financial wellbeing. With a focus on practical skills and critical thinking, the Bachelor of Financial Counselling at RMIT University offers a pathway into a rewarding career dedicated to enhancing financial resilience among vulnerable populations.