Analyse financial market products for client

Formats and tools

Unit Description
Reconstruct the unit from the xml and display it as an HTML page.
Assessment Tool
an assessor resource that builds a framework for writing an assessment tool
Assessment Template
generate a spreadsheet for marking this unit in a classroom environment. Put student names in the top row and check them off as they demonstrate competenece for each of the unit's elements and performance criteria.
Assessment Matrix
a slightly different format than the assessment template. A spreadsheet with unit names, elements and performance criteria in separate columns. Put assessment names in column headings to track which performance criteria each one covers. Good for ensuring that you've covered every one of the performance criteria with your assessment instrument (all assessement tools together).
Wiki Markup
mark up the unit in a wiki markup codes, ready to copy and paste into a wiki page. The output will work in most wikis but is designed to work particularly well as a Wikiversity learning project.
Evidence Guide
create an evidence guide for workplace assessment and RPL applicants
Competency Mapping Template
Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners. A template for developing assessments for a unit, which will help you to create valid, fair and reliable assessments for the unit, ready to give to trainers and students
Observation Checklist
create an observation checklist for workplace assessment and RPL applicants. This is similar to the evidence guide above, but a little shorter and friendlier on your printer. You will also need to create a seperate Assessor Marking Guide for guidelines on gathering evidence and a list of key points for each activity observed using the unit's range statement, required skills and evidence required (see the unit's html page for details)

Self Assessment Survey
A form for students to assess thier current skill levels against each of the unit's performance criteria. Cut and paste into a web document or print and distribute in hard copy.
Moodle Outcomes
Create a csv file of the unit's performance criteria to import into a moodle course as outcomes, ready to associate with each of your assignments. Here's a quick 'how to' for importing these into moodle 2.x
Registered Training Organisations
Trying to find someone to train or assess you? This link lists all the RTOs that are currently registered to deliver FNSFMK502A, 'Analyse financial market products for client'.
Google Links
links to google searches, with filtering in place to maximise the usefulness of the returned results
Reference books for 'Analyse financial market products for client' on This online store has a huge range of books, pretty reasonable prices, free delivery in Australia *and* they give a small commission to for every purchase, so go nuts :)

Elements and Performance Criteria



1. Identify client needs

1.1. Client information is accessed, and consultative processes are conducted to review and quantify client objectives, needs and expectations

1.2. Appropriate communication and interpersonal skills are used to establish rapport and promote positive client adviser interaction

1.3. Specialist advice is sought, as required, where it is identified or anticipated that clients have a complexity of needs or problems

1.4. Appropriate techniques are used to accurately assess client requirements and strategies developed to meet client needs and outcomes

2. Conduct analysis of financial market products

2.1. Information relevant to the range of available financial products is sourced and assessed for currency and accuracy

2.2. Appropriate analytical techniques and processes are applied to identify facts, issues and patterns, inter-relationships and trends

2.3. Trends are accurately analysed to provide meaningful information on the performance of financial products and markets

2.4. Risk assessment is conducted of possible financial strategies and products identified through research and analysis processes

3. Provide advice and recommendations

3.1. Performance, trend and risk analyses are collated and reviewed to ensure accuracy and thoroughness, and presented in an appropriate format, style and structure

3.2. Recommendations are supported by evidence, and advice is consistent with relevant legislative, industry and organisational requirements

3.3. Features and benefits of recommended financial products are clearly described to client and meet client requirements and expectations

Qualifications and Skillsets

FNSFMK502A appears in the following qualifications:

  • FNS60410 - Advanced Diploma of Financial Planning
  • FNS51010 - Diploma of Financial Markets
  • FNS60711 - Advanced Diploma of Financial Licensing Management
  • FNS51011 - Diploma of Financial Markets