About the SDIA Professional Program
The SDIA Professional Program is Australia’s only professional qualification in stockbroking, securities and derivatives.
Distinctively professional, it is the recognised educational standard that employers, regulators, and clients expect from individuals who work within institutional and retail stockbroking firms and the investment banking community.
Candidates who successfully complete the SDIA Professional Program will be awarded the SDIA Professional Diploma in Securities and Derivatives.
Structure
The SDIA Professional Program is made up of two 'core' accreditations and one 'elective' accreditation.
Core Accreditations:
- Core 1 - Securities & Managed Investments Accreditation (replacing the SDIA Accreditation Program, often referred to as the Deakin 146 program).
This Accreditation is in three parts being:
- Securities;
- Managed Investments; and
- Adviser Skill.
- Core 2 - Professional Standards Accreditation This Accreditation is in two parts (A and B).
Part A focuses on:
- The Australian financial system;
- Financial markets;
- Risks and regulation;
- Australia and the globalisation of financial markets; and
- Ethics and professional conduct.
Part B focuses on:
- An overview of the sharemarket;
- Stockbroking operations;
- The broker - client relationship; and
- Trading conduct and supervision.
The combined content of the two core accreditations focuses on the operation of the securities and derivatives industry. This includes the role, characteristics and professional standards of the sector, along with the technical details of financial product types commonly used by securities and derivatives professionals to meet client investment and wealth creation objectives. The product types are securities, derivatives and managed investments.
Elective Accreditations
There are currently two elective accreditations available; SDIA Derivatives Accreditation and Superannuation Accreditation.
- SDIA Derivatives Accreditation – The subject content in this accreditation examines in detail the derivatives sector of the finance and investment industry and the range of market participants and product types. The characteristics and uses of various derivative products are considered in-depth in order to determine their suitability and application in a wealth creation strategy. The regulatory and taxation environments affecting the use of derivatives products are outlined also.
The Derivatives Accreditation also provides ASX Accredited Derivatives Advisor (ADA) Level 1 recognition which currently is an ASX requirement.
- Superannuation Accreditation – This accreditation is the SDIA/RMIT Superannuation Module that SDIA has offered since 2003 through RMIT. The Superannuation Module is designed to provide specialist knowledge on superannuation for advisors who provide advice on investments on superannuation, particularly in self-managed superannuation funds. It has been registered with ASIC for the purposes of meeting RG 146 specialist knowledge requirements in superannuation.
There are more electives currently under development. We expect their release to be early 2009.
How will the SDIA Professional Program be delivered?
The SDIA Professional Program is delivered by our partner - DeakinPrime, the corporate education arm of Deakin University, and is offered by distance education. Candidates will receive comprehensive study and reference materials in printed format for accreditation. Additional program information and other useful resources and study support will be provided online.
Candidates have three (3) months to complete their assessment/s per Accreditation.
Please refer to the SDIA Professional Program brochure for more information.
Fees
All prices detailed below are per Accreditation.
$649.00 for Individual members per Accreditation, $869.00 for employees of SDIA members organisations and $1089.00 for non members (all prices are inclusive of GST).
Resit or Remark
$275.00 will be charged for candidates who require a resit or remark of any Accreditation, Exam or Assignment. Candidates must enrol for a resit within 14 Days of failing the exam. They are required to complete the exam within a maximum of 14 days from the date they receive confirmation of registration for the resit from the SDIA.
Exemptions
Candidates who have completed the SDIA Accreditation Program will gain advanced standing in the SDIA Professional Program.
Candidates who have not completed the SDIA Accreditation Program but have achieved RG 146 education compliance in any one or more of the securities, derivatives, managed investments or superannuation product areas may gain exemptions from the generic knowledge and skills components of the program. Exemptions will be granted only on the basis of verifiable evidence of generic knowledge, specialist knowledge and skills competency assessed by a provider listed on the ASIC Training Register.
The ASX recognises candidates who have successfully completed the SDIA Derivatives Accreditation.
Please click here to download the Advanced Standing Kit.
SDIA Professional Program Brochure
Please click here to download additional information regarding the SDIA Professional Program.
Contact SDIA