The Professional Banking Fundamentals is considered the minimum qualification for all people working in banking.
On successful completion of this module, students will be able to:
- Explain the purpose, influences and functions of banking in New Zealand;
- Explain the importance of high standards of ethical conduct in banking and the practicalities of applying those standards.
- Understand how key regulatory and legal requirements influence the way in which banks operate;
- Describe how banking products and services can meet customer needs;
- Understand the key principles of credit and consumer lending and how these are used to provide appropriate outcomes for the customers and the bank;
- Describe the role of risk and risk management in banking;
Total Program Fee
G FIN
Upon completion of the Professional Banking Fundamentals, you will receive a certificate and acquire the G FIN post nominal as a FINSIA member.
Global Portability
Professional Banking Fundamentals is a globally recognised professional qualification and awarded in conjunction with The Chartered Banker Institute in the UK.
Online flexibility
All modules are delivered online which means you can start anytime, anywhere.
Course Duration
On average it takes 3 to 6 months to complete. The self-paced study and blended learning options mean you can gain the qualification with only a few hours of study per week.
Designed by the Industry for the Industry
Two versions of the qualification are available. One developed specifically for the Australian market and one for the New Zealand market, both in consultation with senior industry practitioners.
Assessment Fees
Module fee includes one attempt at an assessment. (Assessment resit fee of $189.75 will apply).
Who is this for?
People new to banking or those who are looking for a career path into banking.
People working in banking but looking for a professional qualification that will reinforce the basics and lift knowledge to meet globally recognised standards.
People working in the banking industry in a support function looking to improve overall banking knowledge, including those in HR, Risk and IT.
What’s Included?
FINSIA Membership
For new members, a 12-month Student Membership is included in the enrolment fee. Being a FINSIA member enables you to build your professional profile through networking events and access relevant content to reinforce your study.
Blended Learning
The program suits all learning styles and is delivered in bite-sized units allowing you to study at your own pace. You can choose your learning method or a blend of all three – E-learning, audio and/or an interactive PDF.
Digital Textbook
A comprehensive digital textbook providing core learning materials and case studies to help you build your capability.
Knowledge Checks
Designed to reinforce key concepts plus a practice assessment.
Final Assessment
The final assessment is a 75-minute online test with 60 multiple-choice questions and is supervised using record and review functionality.
The learning experience is
Online Learning
Start anytime from any location at your own pace.
Interactive
Stimulating interactive learning experience with a hands-on approach.
Engaging
Access an extensive suite of engaging learning materials.
Industry Led
Developed for the Australian market in consultation with senior industry practitioners.
What do I get when I finish the course?
Graduating from the Professional Banking Fundamentals qualification entitles you to the G FIN post nominal, demonstrating your commitment to your career and ongoing professional development.
To retain post nominals students need to remain FINSIA member and to complete 14 hours CPD per year, 10 of which is structured, 4 unstructured and a minimum of 1 hour in ethics and integrity (as part of the structured learning).
PBF is the gateway to a comprehensive range of qualifications and membership packages ideal for those of you ambitious to work in banking and financial services.
Elana Rubin SF FIN
“For me, FINSIA represents a community of people committed to professionalism in their endeavours,”
“Financial services is incredibly important. It's important to individuals. It's important to the wellbeing of business. It's important to the economy and the community.
“So being part of an organisation that's committed to continuous development, improvement and the higher standards of professionalism, is something that I support.”
Matt Baxby SF FIN
“It served me really well as my career developed in the financial services sector. That’s the important role FINSIA has to play - the professionalisation of banking.”
Malini Raj SF FIN
“FINSIA has been an invaluable foundation and platform for my career in the finance industry.
“Without FINSIA I wouldn't have had the exposure, the experiences, the mentors, the guidance, the additional intangible value add that's helped me and my career development.”