Formal Activities

Type

Description

Structured Course

  • Delivered by recognised practitioner
  • Contains a comprehensive set of learning objectives
  • Delivers a specific learning outcome

Seminars

A presentation delivered to an audience on a particular topic or set of topics

Technical Training

The process of learning how to more accurately and thoroughly perform the technical components of your role

Certificate IV or Diploma of Mortgage Broking

Completion of these courses will provide 18 hours of CPD for the Certificate IV of Mortgage Broking and 30 hours for the Diploma of Mortgage Broking

Other Relevant Qualifications

Nationally accredited industry qualification

Completion of relevant units/subjects within a qualification

Example:

  • Diploma Financial Planning
  • MBA
  • Degree
Financial Planning Qualified financial planners can have a maximum of 12 hours of financial planning CPD also contribute to their MFAA CPD hour requirements.

 

Informal Activities

Type

Description

On-The-Job-Training

Takes place in a normal working situation, using the actual tools, equipment, documents or materials that members will use when fully trained

Workshops

A brief intensive course emphasizing interaction and exchange of information among a (usually small) number of participants

Reading

Reviewing relevant papers, such as in a book, magazine, newspaper, whitepaper, or notebook, or of electronic displays, such as computer displays, television, mobile phones or e-readers. A maximum of 6 hours per year can be credited for reading.

Audio/Video Content

Video on demand or audio and video on demand which allow members to select and watch/listen to video or audio content as needed

 

Peer and Professional Interaction

Type

Description

Mentoring or being Mentored

  • A member identified as a mentor who meets the MFAA mentor guidelines
  • A new entrant with <2 years' experience being mentored by a member identified as a mentor

Mentors and mentees are allowed 18 hours of CPD per year

Demonstrating a Technical Application

A method of teaching by example rather than simple explanation

Discussion Group

  • An online forum for individuals to discuss various topics amongst each other
  • An active member of a group of people asked about their perceptions, opinions, beliefs, and attitudes towards a product, service, concept, or solution

Structured Meetings

Representation as a Broker on the MFAA or an industry board, forum, committee or tribunal panellist that has been convened for the purpose of achieving a common goal through verbal interaction, sharing information and reaching agreement

Note: CPD hours allocated only to those actions that "advance our profession"

 

Contributions to our Profession

Type

Description

Presenting Research

  • Follows a specific, coherent format for articulation of research study results either oral or written with the purpose to inform, persuade or build good will

Design and/or Presenting a Course

  • The process used to design a course; analyse, design, develop, implement and evaluate
     
  • Oral presentation of a structured course

Writing Industry Related Articles/Papers

Production of an article/paper for a recognised industry publication or forum