This page is updated when information changes, but it's always best to talk to your training provider to confirm course details before you enrol.
Overview
This qualification is designed to facilitate an understanding of the Australian financial services marketplace and personal financial situations to address the need of increased nationwide financial literacy. The qualification provides learners with the basic skills and knowledge to pursue further learning in a variety of sectors in the financial services industry. It has wide application and may be used in workplaces, schools, adult and community learning organisations or registered training organisations to build the financial literacy of learners. It may also be used as part of pre-vocational or new apprenticeship programs, or as part of services provided by counselling or advisory organisations. It does not have an industry employment outcome.
Licensing, legislative, regulatory or certification considerations
No licensing, legislative or certification requirements apply to this unit at the time of publication.
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Financial help
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Government funding is not available for this course.
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Cost
Course costs can vary by provider and location. Ask your training provider for a cost estimate.
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VET Student Loans are not available
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You may need to pay for equipment or materials.
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On-the-job training
- Apprenticeships and traineeships are not available for this course.
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Entry requirements
This course doesn't have any entry requirements. It could be a good starting point for your career.
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Duration
You complete this course when you’ve learned the skills, not after a set amount of time. The times shown are estimates.
- Qualification only:
6 months – 1 year
- Qualification only:
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Delivery options
You may be able to access this training in these ways:
Course content
This course is made up of units.
All courses have core units—these are mandatory for completing the course. Most courses also have elective units, which you can choose from to suit your needs and interests. Not all training providers offer every elective, so check with your provider to find out which electives they can offer you.
For more information about course content, talk to your training provider or visit the National Training Register.
| Unit | Unit type |
|---|---|
| Develop and use personal budgets | Core |
| Develop and use savings plans | Core |
| Develop knowledge of debt and consumer credit | Core |
| Develop knowledge of superannuation | Core |
| Develop knowledge of taxation | Core |
| Develop knowledge of the Australian financial system and markets | Core |
Job prospects
The Certificate I in Basic Financial Literacy sets you up for roles like these, but the skills you learn could take you even further.
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Bank Worker
ANZSCO 552111
Receive deposits and pay out money; advise customers on banking services and products.
Recommended education level:
Certificate III or IV -
Credit and Loans Officer
ANZSCO 552211
Credit and Loans Officers analyse, evaluate and process credit and loan applications.
Recommended education level:
Certificate III or IV -
Bookmaker
ANZSCO 552311
Bookmakers determine risk, offer odds and accept bets on the outcome of racing and other events.
Recommended education level:
Certificate II or III -
Insurance Consultant
ANZSCO 552312
Insurance Consultants prepare and check documentation associated with insurance. They may work in call centres.
Recommended education level:
Certificate II or III -
Money Market Clerk
ANZSCO 552313
Money Market Clerks process documentation and maintain records of securities transactions and registrations.
Recommended education level:
Certificate II or III -
Statistical Clerk
ANZSCO 552314
Statistical Clerks compile data and undertake statistical and actuarial computations.
Recommended education level:
Certificate II or III
Training providers delivering Certificate I in Basic Financial Literacy
It's a good idea to research multiple training providers to make sure you're getting the right training for you.
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Alffie (RTO code 41206)
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Ayr State High School (RTO code 30050)
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Beerwah State High School (RTO code 30229)
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Bracken Ridge State High School (RTO code 30416)
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Burpengary State Secondary College (RTO code 45446)
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Caloundra State High School (RTO code 30058)
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Capricornia (Emerald Campus) School of Distance Education (RTO code 30951)
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Centenary Heights State High School (RTO code 30258)
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Chancellor State College (RTO code 31830)
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Coombabah State High School (RTO code 30063)
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Deception Bay State High School (RTO code 30380)
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Edge Workforce (RTO code 41114)
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Ferny Grove High School (RTO code 30279)
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Flexi RTO (RTO code 46087)
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Gladstone State High School (RTO code 30285)
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Glenmore State High School (RTO code 30066)
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Harristown State High School (RTO code 30293)
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Heatley Secondary College (RTO code 30295)
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Home Hill State High School (RTO code 30302)
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Ignatius Park College (RTO code 45964)
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James Nash State High School (RTO code 30314)
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KAWANA-BOKARINA SENIOR CAMPUS (RTO code 30070)
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Kelvin Grove State College (RTO code 30320)
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Kingaroy State High School (RTO code 30385)
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Kingston State College (RTO code 30386)
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Kirwan State High School (RTO code 30387)
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Malanda State High School (RTO code 30394)
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Meridan State College (RTO code 32134)
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Mossman State High School (RTO code 31760)
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Mountain Creek State High School (RTO code 30411)
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Moura State High School (RTO code 46605)
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Nambour Christian College (RTO code 30575)
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North Rockhampton State High School (RTO code 30144)
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Northern Beaches State High School (RTO code 30579)
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Pacific Pines State High School (RTO code 30900)
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Proserpine State High School (RTO code 30338)
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Rockhampton State High School (RTO code 30345)
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Sandgate District State High School (RTO code 30432)
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SPRINGFIELD CENTRAL STATE HIGH SCHOOL (RTO code 40560)
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Tagai State College – Thursday Island Secondary (RTO code 46154)
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The Ipswich State High School (RTO code 30069)
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Thuringowa State High School (RTO code 30441)
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Trinity Bay State High School (RTO code 30446)
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Tullawong State High School (RTO code 30447)
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Yeppoon State High School (RTO code 30459)
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Yeronga State High School (RTO code 30460)
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YOUTH DEVELOPMENT AND TRAINING (RTO code 31892)
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How to enrol in this course
To enrol, choose a training provider that offers this course. You can see provider details on this page.
When you find one that you think suits you, visit their website or contact them directly to confirm details like start dates, fees, funding, delivery locations and delivery options.
The provider will guide you through the enrolment process.
How do apprenticeships and traineeships work?
Apprenticeships and traineeships let you combine hands-on work experience with training. You’ll gain job-ready skills and earn an income while you complete a qualification.
As an apprentice or a trainee, you work with an employer while completing your training. Most of your time is spent learning on the job, with some classroom or online training to support the skills you're developing in the workplace.
For some jobs, you may need to do an apprenticeship or traineeship before you are allowed to work as a qualified tradesperson. For example, you need to do an apprenticeship if you want to work as a licensed electrician.
Find out more about apprenticeships and traineeships.
See more information about the apprenticeship or traineeship you’re interested in pursuing on the Queensland Training Information Service.
How long will this course take?
This course is competency-based training, which means you progress as you demonstrate your skills and knowledge, rather than in a set amount of time.
The duration shown here is an estimate for full-time study based on how long most people take to complete the course. You may finish earlier than other people, or it may take you a bit longer.
If you’ve already completed training or have worked in a relevant area, you could get credits or recognition of prior learning. This can reduce the training you need to complete a qualification, which could reduce the time needed for training.
Duration for apprenticeships and traineeships
Apprenticeships and traineeships take longer than doing the qualification on its own, but you learn valuable hands-on skills.
For some jobs, you may need to do an apprenticeship or traineeship before you are allowed to work as a qualified tradesperson. For example, you need to do an apprenticeship if you want to work as a licensed electrician.
Learn about how courses are delivered
Different courses have different delivery options. Consider your needs when you’re researching courses. Some courses may be delivered entirely online or partially online. Others may be delivered in a classroom.
Some courses, like those delivered through apprenticeships and traineeships, are mostly based in the workplace but with some classroom or online study.
If a certain type of delivery is important to you, talk to your provider before you enrol to make sure they offer that delivery option.
How to reduce the cost of your course
There are lots of ways you can reduce the cost of your course.
- The government could partly or fully cover the cost of your course. See information about financial help and government funding on this page.
- The government also offers funding for some costs related to your course.
- If you’ve already completed training or have worked in a relevant area, you could get a cost credit or recognition of prior learning. This can reduce the training you need to complete a qualification, which could reduce the cost.
Learn about financial help and government funding
The main cost of training is usually the course fees, which vary depending on things like which course and training provider you choose.
You may be able to get your training for free or at a reduced cost, or you could get help with paying for training-related costs. You can also pay for some courses with a VET Student Loan.
Find out more about getting help paying for your training or check if you're eligible.
What are entry requirements?
Some courses have conditions you need to meet before you can enrol in the course. They help make sure you have the right background or skills for the training.
Entry requirements might include a certain education level, skills or knowledge, work status, or experience.