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Course overview


STUDY MODE

100% online

NUMBER OF SUBJECTS

1

NEXT INTAKE

Enrol and start anytime

COURSE FEE

$280.00

AVAILABLE LOANS

N/A

AQF LEVEL

N/A

COURSE DURATION

Maximum of 16 weeks

ACCREDITATION

PROVIDER ID

N/A


Are you looking to become compliant in a specialist knowledge area?

Kaplan Professional, a leading national provider of financial services education, offers the Tier 1 Generic Knowledge program for individuals seeking to provide general advice on financial products and services in one or more specialist knowledge areas.

Tier 1 Generic Knowledge (or Tier 1 Compliance Solution – Generic Knowledge GAS-Super) subject introduces the Australian financial services sector, exploring the components and functioning of the Australian economy and its key participants. It discusses key aspects of the legislative, regulatory and licensing framework governing financial services, the products, and providing financial advice.

Students will gain insights into the working of the Australian economy and key concepts, including the flow of funds in the economy, business cycles and relevant indicators used to evaluate economic performance.

This subject also provides an overview of investment products plus an introduction to superannuation, banking, insurance and credit.

This subject meets the generic knowledge component under ASIC’s Regulatory Guide 146 Licensing: Training of financial product advisers for general advice.

Note: To provide general advice in a Tier 1 knowledge area, individuals must have completed this subject.

The Generic Knowledge subject only needs to be completed once.

This is a non-accredited course with no units of competency.

Please refer to the subject outline for more information:

 

Pathways

Generic Knowledge is the prerequisite for all Tier 1 courses.

General Advice Specialisation – Superannuation Course

This subject is also a subject in the General Advice Specialisation – Superannuation (GAS-Super) course. This course is designed for individuals seeking to work, or who are already working in the superannuation industry in customer-facing roles, especially general advice. For more information on this course, click here.

 

Duration

Individuals have a total of 12 weeks to complete the learning and assessment requirements from their initial enrolment date.

An additional four weeks (4) per subject is available if required to re-sit an exam.

For a guide on the number of study hours for Professional Year formal training, please click here.

Assessment

The assessments for each subject are listed below:

SubjectAssessmentAssessment Detail
Tier 1 Generic Knowledge1 ExamSupervised, open book multiple choice examination, four (4) attempts.

Kaplan Professional exam venues

You can sit your exam while being supervised in your workplace or online via Zoom by your nominated supervisor. Click here for more information.

Entry requirements

Language, literacy and numeracy (LLN) requirements

This course requires you to read comprehensive learner workbooks, complete a range of written assessments, undertake independent research activities, and at times, engage in online forums and discussions. Furthermore, the delivery mode relies on the extensive use of written communication.

If you have any doubts about whether you have the language, literacy and numeracy skills to undertake a Kaplan Professional program, we recommend you speak with our Student Services team on 1300 662 203 or email mail@kaplan.edu.au.

Computing requirements

Recommended browsers

You can access KapLearn using any of the browsers below, but it runs best on the latest versions:

  • Firefox 3 or later
  • Chrome 4 or later
  • Safari 3 or later
  • Internet Explorer

You may find it helpful to have more than one browser installed on your computer. If you experience problems using Kaplan Professional’s online learning system, try using another browser.

Browser settings and support

For the best user experience in Kaplan Professional’s online learning system, select the following browser settings:

  • Enable cookies
  • Enable JavaScript
  • Do not block pop-up windows

Skill requirements

To successfully complete this course, learners will require basic computing skills. This may include:

  • Saving and editing Microsoft Office documents
  • Researching, accessing and searching the internet
  • Downloading and saving documents from websites
  • Uploading documents through websites
  • Participating in online discussions

This course requires you to read comprehensive learner workbooks, complete a range of written assessments, undertake independent research activities, and at times, engage in online forums and discussions. Furthermore, the delivery mode relies on the extensive use of written communication.

If you have any doubts about whether you have the language, literacy and numeracy skills to undertake a Kaplan Professional program, we recommend you speak with our Student Services team on 1300 662 203 or email mail@kaplan.edu.au.

Recommended browsers

You can access KapLearn using any of the browsers below, but it runs best on the latest versions:

  • Firefox 3 or later
  • Chrome 4 or later
  • Safari 3 or later
  • Internet Explorer

You may find it helpful to have more than one browser installed on your computer. If you experience problems using Kaplan Professional’s online learning system, try using another browser.

Browser settings and support

For the best user experience in Kaplan Professional’s online learning system, select the following browser settings:

  • Enable cookies
  • Enable JavaScript
  • Do not block pop-up windows

To successfully complete this course, learners will require basic computing skills. This may include:

  • Saving and editing Microsoft Office documents
  • Researching, accessing and searching the internet
  • Downloading and saving documents from websites
  • Uploading documents through websites
  • Participating in online discussions

Enrolment information

You may enrol into this course at any time and begin studying immediately on enrolment.*

To enrol online, please follow these steps:

  • Log into your student portal or create a student account.
  • Click on ‘search course’ in the top right hand corner.
  • Type in the ‘Tier 1’ to view all Tier 1 subjects and you will be able to enrol in multiple subjects.

Or

  • You can search for the specific subject you are wishing to enrol in by entering the name of the subject and ‘enrol now’.

* If you have not previously completed Generic Knowledge, please ensure you enrol in this subject as it is a prerequisite of the Tier 1 knowledge areas.

Enrol now

Study this subject as part of the General Advice Specialisation – Superannuation course

When you have accessed the student portal (see enrolment above), search for and enrol in the subject titled “Tier 1 Generic Knowledge – GAS-Super”

You may be exempt from studying this subject as part of the General Advice Specialisation – Superannuation course if you have previously completed any of the following:

  • Tier 1 Generic Knowledge at Kaplan Professional
  • RG146 Generic Knowledge through an Australian Registered Training Organisation (RTO)
  • A Diploma (AQF5) or higher-level qualification at an accredited Australian higher education provider

If you completed Tier 1 Generic Knowledge  at Kaplan Professional, your exemptions towards the General Advice Specialisation – Superannuation course will be applied upon enrolment into Client Engagement in Financial Services.

If you completed Tier 1 Generic Knowledge through an alternative RTO, or equivalent studies were completed through a Diploma or higher qualification, your exemptions towards the General Advice Specialisation – Superannuation course will be applied upon submission of certified supporting evidence and a completed application form available here.

Note: Studies completed between 5 – 10 years prior may require the completion of a challenge exam in addition to supporting evidence. Studies completed outside of 10 years will be assessed on a case-by-case basis.

IMPORTANT: Please do not enrol in Tier 1 Generic Knowledge – GAS-Super if you intend to seek an exemption for this subject as part of the General Advice Specialisation – Superannuation course. Please await the outcome of your exemption application before proceeding. However, you may enrol and commence studies in other subjects in the General Advice Specialisation – Superannuation course for which you are not seeking exemption/s.

This course is delivered online via Kaplan Profesional’s learning management system, KapLearn.

You will receive login details to KapLearn on enrolment. When you log on to KapLearn, you are able to access the subject notes, assessments, additional learning materials (such as media, case studies and practise activities) and your online tutor.

Assessments are accessed and submitted through KapLearn.

Corporate clients should contact our Corporate Solutions team at corporate@kaplan.edu.au to discuss delivery options and how we can further tailor our training to meet your business needs.

Policies

Student policies

Individuals who enrol in a Kaplan Professional course are bound by our published policies, including the policy that sets out our rules for assessment. Individuals can review these policies here. The policies also assist individuals when their study program does not go as planned and they need extra support.

Terms and conditions

Click here to access our terms and conditions.

Refund policy

Access our refund policy.

Fees

Tier 1 Compliance Solution – Generic Knowledge: $280 (GST free)

For additional study-related fees, please click here.

Industry Fund Services (IFS) exclusive pricing within GAS-Super course

  • Tier 1 Generic Knowledge – GAS Super + Tier 1 Superannuation General Advice – GAS-Super: $590 (GST free)

Subject enhancments

From 12 August 2024, we are pleased to announce that the following enhancements will be made to this subject:

  • Subject will transition to a new, fully digital format. The topic modules now have new features:
    • interactivity
    • multimedia elements
    • easy-to-read digital format

Support and wellbeing

We understand studying isn’t always easy; you may not have studied for some time or perhaps you haven’t studied online previously. Kaplan Professional recognises juggling study with work and family commitments, while trying to find the balance can be demanding.

Your wellbeing and safety is paramount to Kaplan Professional. We want to ensure your experience is well-rounded and balanced to help you attain the most from your studies, so we encourage you to take advantage of the services available to you.

Support and wellbeing

We understand studying isn’t always easy; you may not have studied for some time or perhaps you haven’t studied online previously. Kaplan Professional recognises juggling study with work and family commitments, while trying to find the balance can be demanding.

Your wellbeing and safety is paramount to Kaplan Professional. We want to ensure your experience is well-rounded and balanced to help you attain the most from your studies, so we encourage you to take advantage of the services available to you.

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