Diploma of Financial Services (RG146/PS146)

Kowabunga · 29 June 2009

white_goodman said:
thankyou, im looking at the second one... has anyone had experience doing the postgrad course? specifically the investment management and financial markets elective streams?

What I was talkn to you about last week was the postgrad course. But I'm just enrolled in the first core subject atm.

Largesse · 29 June 2009

Kowabunga said:
What I was talkn to you about last week was the postgrad course. But I'm just enrolled in the first core subject atm.

want to email me your assignment?

white_goodman · 29 June 2009

Largesse said:
want to email me your assignment?

yeh count me in aswell haha

Kowabunga · 29 June 2009

Largesse said:
want to email me your assignment?

lol trade ya for the next assignments since you'll be ahead of me after next trimester

white_goodman · 29 June 2009

Kowabunga said:
What I was talkn to you about last week was the postgrad course. But I'm just enrolled in the first core subject atm.

you said you were 'just' handling it? ive heard people say its quite intensive with work at jsut one sub per trimester? you reckon id be nuts to do my last semester of uni plus one subject trimester 3, plus work?

I just dont wanna be studying all of my 20's away, i still havent had a 'gap' year as of yet... also the course can be done online? you dont have to go into city for night classes unless you are struggling with something?

Garpal Gumnut · 29 June 2009

Having a Diploma of Financial Services is rather like having a Diploma of Taliban.

It teaches you how to blow yourself and others up.

Another resemblence is that the free world plans to get rid of both the Taliban and Financial Planners.

The former will be sent packing by Obama and the latter by Bernie Ripoll.

gg

Kowabunga · 29 June 2009

white_goodman said:
you said you were 'just' handling it? ive heard people say its quite intensive with work at jsut one sub per trimester? you reckon id be nuts to do my last semester of uni plus one subject trimester 3, plus work?

I just dont wanna be studying all of my 20's away, i still havent had a 'gap' year as of yet... also the course can be done online? you dont have to go into city for night classes unless you are struggling with something?

yea its all online, night classes aren't that great - if you're struggling with something you can discuss it on the online forum
yea I think you're pretty nuts to do all that
totally doable but you're not gonna have much free time

white_goodman · 29 June 2009

Kowabunga said:
yea its all online, night classes aren't that great - if you're struggling with something you can discuss it on the online forum
yea I think you're pretty nuts to do all that
totally doable but you're not gonna have much free time

sweet ill do it then haha, uni is pretty manageable and work is flexible as its a cadetship, tri 3 starts aug/sept correct?

Kowabunga · 29 June 2009

white_goodman said:
sweet ill do it then haha, uni is pretty manageable and work is flexible as its a cadetship, tri 3 starts aug/sept correct?

yup 14th of sept! good luck man!

port_4 · 1 December 2009

Hi there,

Just having a look at doing the Diploma of Financial Services and was wondering if anyone can give me an opinion on the compnay "RG146 Training Australia"? Their website is http://www.rg146courses.com.au/

Thanks

4fundamentals · 9 December 2009

port_4 said:
Hi there,

Just having a look at doing the Diploma of Financial Services and was wondering if anyone can give me an opinion on the compnay "RG146 Training Australia"? Their website is http://www.rg146courses.com.au/

Thanks

I have completed both the DFS and ADFS through this group. Essentially. I think the Financial Planning industry, particularly now, is beginning to not care, whether you hold these qualifications. Reasoning:

I did both these course in under 6 months.....Sooooooooo easy.

I would say, if you want to become a financial planner, do them, but don't think your education ends there.

I have a BA in econ, and this ADFS, and now i'm just starting the CFP course, and then I'll probably do the CFA afterwards.

This industry is becoming more and more a game of WHO HAS THE MOST LETTERS BEHIND THEIR NAME!!!!

Mr J · 9 December 2009

4fundamentals said:
This industry is becoming more and more a game of WHO HAS THE MOST LETTERS BEHIND THEIR NAME!!!!

Perhaps more letters than skill? I can't imagine trusting the financial advice of a 19 year old who has completed a "course"!

Largesse · 9 December 2009

^ typical old person's attitude.

so mistrusting of the younger generation.

4fundamentals · 9 December 2009

Mr J said:
Perhaps more letters than skill? I can't imagine trusting the financial advice of a 19 year old who has completed a "course"!

That was more of a joke, more than anything.

You are right its possible for a 19 year old to provide advice, given the pass the course requirements for DFS.

Neither did I indicate my age, nor refer to myself as being inexperienced.

Gerkin · 9 December 2009

4fundamentals said:
I have completed both the DFS and ADFS through this group. Essentially. I think the Financial Planning industry, particularly now, is beginning to not care, whether you hold these qualifications. Reasoning:

I did both these course in under 6 months.....Sooooooooo easy.

I would say, if you want to become a financial planner, do them, but don't think your education ends there.

I have a BA in econ, and this ADFS, and now i'm just starting the CFP course, and then I'll probably do the CFA afterwards.

This industry is becoming more and more a game of WHO HAS THE MOST LETTERS BEHIND THEIR NAME!!!!

I disagree, you show me one client that cares about letters after there advisors name, they dont.
On the employers side, they do care but you must have a bit of personality about you for the industry,
Also, why bother doing a CFA wen you are doing all these courses to be a financial planner?

Mr J · 9 December 2009

Largesse said:
^ typical old person's attitude.

so mistrusting of the younger generation.

I'm part of that younger generation, and I don't trust anyone's advice. I will consider it and form my own conclusions, but then I'm not the type of person that would employ a financial advisor.

4fundamentals said:
Neither did I indicate my age, nor refer to myself as being inexperienced.

Sorry, my comment wasn't directed at you, just my general opinion of the industry. I'm sure there are good financial advisors out there, but the majority seem to be less useful than flipping a coin. I probably shouldn't participate any more in this thread .

Gerkin said:
On the employers side, they do care but you must have a bit of personality about you for the industry,

For sales?

4fundamentals · 10 December 2009

Gerkin said:
I disagree, you show me one client that cares about letters after there advisors name, they dont.
On the employers side, they do care but you must have a bit of personality about you for the industry,
Also, why bother doing a CFA wen you are doing all these courses to be a financial planner?

WOW

I WAS JOKING.

Firstly, clients do care about a CFP, some clients are "funny" like that.

Yes employers care about personality true. I guess its more the big picture.

I was just joking. I am obviously aware that its more than just education that will dictate the success of my employment.

Why bother doing a CFA? For a number of reasons I don't feel like explaining to you.

Krusty the Klown · 10 December 2009

4fundamentals said:
Why bother doing a CFA? For a number of reasons I don't feel like explaining to you.

I agree with Gerkin, that won't help you, CFP will, but not CFA if you want to be an adviser or planner.

After you do your CFP, a sales course would be better on your resume than CFA.

If you work as an adviser, your investment recommendations will come from a licensee's "approved list". The analysis will already be done.

Gerkin · 10 December 2009

Mr J said:
I'm part of that younger generation, and I don't trust anyone's advice. I will consider it and form my own conclusions, but then I'm not the type of person that would employ a financial advisor.

Sorry, my comment wasn't directed at you, just my general opinion of the industry. I'm sure there are good financial advisors out there, but the majority seem to be less useful than flipping a coin. I probably shouldn't participate any more in this thread .

For sales?

Not for sales, to actually relate to a client. You cant have the best & smartest financial planner or stockbroker who cant relate to a client can you.

Gerkin · 10 December 2009

4fundamentals said:
WOW

I WAS JOKING.

Firstly, clients do care about a CFP, some clients are "funny" like that.

Yes employers care about personality true. I guess its more the big picture.

I was just joking. I am obviously aware that its more than just education that will dictate the success of my employment.

Why bother doing a CFA? For a number of reasons I don't feel like explaining to you.

Goodluck with the CFA. I've read a few of your posts now, it seems that your more switched than i origially thought.

As for CFP, i think the Jury is still out. I still believe that a decent business degree is still just as good. I know the CFP program well, and I honestly believe it is about letters after your name for alot of planners. I dont believe he CFP designation will ever get the status of say a CA or CPA.

Diploma of Financial Services (RG146/PS146)

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Largesse

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4fundamentals

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Largesse

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Gerkin

Mr J

4fundamentals

Krusty the Klown

Embittered Komedy Legend

Gerkin

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