MFAA launches new learning and professional development pathways for members
The MFAA has announced that it has developed pathways and appointed preferred providers to ensure that members will be able to meet higher educational standards.
The MFAA’s Professional Credit Adviser program outlines a robust professional pathway for new members entering the industry and to support the development requirements of existing members. The pathways incorporate education, experience, practice standards and commitment to appropriate levels of professionalism.
- MFAA’S NEW ACCREDITATION SYSTEM AND EDUCATION STANDARDS WILL BE TRANSITIONED FROM 1 JANUARY 2011.
This means that the existing AMC, AFC and CMC accreditations shall be replaced over the period 1 January 2011 to 1 July 2012 by the following accreditations/member categories and education requirements.
New members will be required to comply with the above from 1 January 2011
- EXISTING MEMBERS MUST ACHIEVE DIPLOMA (OR FAST TRACK) BY 1 JULY 2012
Diploma means: - Diploma Financial Services (Finance/Mortgage Broking Management) FNS50310 completed prior to (22/10/10) through an RTO, OR
- Diploma Financial Services (Finance/Mortgage Broking Management) FNS50310 commenced prior to (22/10/10) through an RTO, OR
- Diploma of Mortgage Lending provided Certificate IV in Financial Services (Finance and Mortgage Broking) FNS40810 is also held, OR
- Diploma Financial Services (Finance/Mortgage Broking Management) FNS50310 completed after (22/10/10) through one of the preferred providers.
Note:
- Diploma Financial Services (Finance/Mortgage Broking Management) FNS50310 completed after (22/10/10) through an RTO other than the list below, must also complete a case study set by MFAA
- Members with 5 years experience who hold Diploma status and wish to achieve the higher MFAA accreditation, Certified Credit Adviser (CCA) will be required to complete a special MFAA Certification program (details to be released soon)
