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Qualification details

FNS20120 - Certificate II in Financial Services (Release 2)

Summary

Usage recommendation:
Current
Mapping:
MappingNotesDate
Supersedes FNS20115 - Certificate II in Financial Services 01/Feb/2021

Release Status:
Current
Releases:
ReleaseRelease date
2 (this release) 15/Jun/2022
(View details for release 1) 02/Feb/2021


Units of competency

CodeSort Table listing Units of Competency by the Code columnTitleSort Table listing Units of Competency by the Title columnUsage RecommendationSort Table listing Units of Competency by the Usage Recommendation columnEssentialSort Table listing Units of Competency by the Essential column
FNSFLT215 - Develop knowledge of the Australian financial system and marketsDevelop knowledge of the Australian financial system and marketsCurrentElective
FNSRTS311 - Provide customer service in a retail agencyProvide customer service in a retail agencyCurrentElective
FNSACC323 - Perform financial calculationsPerform financial calculationsCurrentElective
FNSFLT211 - Develop and use personal budgetsDevelop and use personal budgetsCurrentElective
FNSINC311 - Work together in the financial services industryWork together in the financial services industryCurrentCore
BSBWHS211 - Contribute to the health and safety of self and othersContribute to the health and safety of self and othersCurrentCore
FNSFLT216 - Develop knowledge of taxationDevelop knowledge of taxationCurrentElective
BSBTEC201 - Use business software applicationsUse business software applicationsCurrentCore
FNSFLT213 - Develop knowledge of debt and consumer creditDevelop knowledge of debt and consumer creditCurrentElective
BSBTEC302 - Design and produce spreadsheetsDesign and produce spreadsheetsCurrentElective
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Classifications

SchemeCodeClassification value
ANZSCO Identifier 552000 Financial And Insurance Clerks 
ASCED Qualification/Course Field of Education Identifier 0811 Banking, Finance And Related Fields 
Qualification/Course Level of Education Identifier 521 Certificate II 
Taxonomy - Industry Sector N/A Financial Planning 
Taxonomy - Occupation N/A Financial Planning Officer 

Classification history

SchemeCodeClassification valueStart dateEnd date
ANZSCO Identifier 552000 Financial And Insurance Clerks 10/Mar/2021 
ASCED Qualification/Course Field of Education Identifier 0811 Banking, Finance And Related Fields 10/Mar/2021 
Qualification/Course Level of Education Identifier 521 Certificate II 02/Feb/2021 
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Modification History

Release 

Comments 

Release 2

This version first released with the FNS Financial Services Training Package Version 8.0.

Native elective units of competency were updated and/or superseded.

Release 1

This version first released with FNS Financial Services Training Package Version 6.0.

Qualification Description

This qualification is intended to address the need for increased financial literacy and basic financial skills of entrants wishing to build potential pathways into the industry.

Licensing, legislative, regulatory or certification considerations

No licensing, legislative or certification requirements apply to this unit at the time of publication.

Entry Requirements

Nil

Packaging Rules

Total number of units = 8 

4 core units plus 

4 elective units , of which:

  • at least 2 must be from the elective units listed below
  • up to 2 may be from this qualification or any other currently endorsed Certificate II or above training package qualification or accredited course.

Elective units must be relevant to the work environment and the qualification, maintain the overall integrity of the AQF alignment, not duplicate the outcome of another unit chosen for the qualification, and contribute to a valid industry-supported vocational outcome.

Core units

BSBCMM211 Apply communication skills

BSBTEC201 Use business software applications

BSBWHS211 Contribute to the health and safety of self and others

FNSINC311 Work together in the financial services industry

Elective units

BSBTEC302 Design and produce spreadsheets

FNSACC323 Perform financial calculations

FNSFLT211 Develop and use personal budgets

FNSFLT212 Develop and use savings plans

FNSFLT213 Develop knowledge of debt and consumer credit

FNSFLT214 Develop knowledge of superannuation

FNSFLT215 Develop knowledge of the Australian financial system and markets

FNSFLT216 Develop knowledge of taxation

FNSRTS303 Balance retail transactions

FNSRTS311 Provide customer service in a retail agency

FNSRTS315 Process customer accounts

FNSRTS316 Process customer transactions in retail financial organisations

Qualification Mapping Information

No equivalent qualification. Supersedes and is not equivalent to FNS20115 Certificate II in Financial Services.

Links

Companion Volume Implementation Guide is found on VETNet - https://vetnet.gov.au/Pages/TrainingDocs.aspx?q=c7200cc8-0566-4f04-b76f-e89fd6f102fe