Yes. New entrants must complete an approved degree or Graduate Diploma that meets Financial Adviser Standards, pass the exam, and complete the Professional Year before giving personal advice. The government’s experience pathway applies only to existing advisers, not to new entrants or international graduates.
Approved qualifications are listed by the government. After your studies, you complete the Professional Year under supervision, then maintain CPD and ethical standards. Licensees must add you to the ASIC Financial Adviser Register before you provide personal advice to retail clients.
The Certified Financial Planner (CFP) certification is the gold standard to master your expertise, level up your knowledge, hone your expertise, and upgrade your credibility. The CFP Board also upholds the four E’s (Education, Examination, Experience and Ethics) — remarkable assets to practice in their profession.
International students should select CRICOS‑registered programs and plan for post‑study work via the Temporary Graduate Visa 485 to complete the Professional Year in Australia.
Review business and financial planning‑aligned courses and the 485 visa guide.