FNS51511 Diploma of Credit Management

Supersededtraining.gov.au: supersededEquivalent

The currency period for FNS51511 ended on 23 March 2015 — 11 years ago. It names one replacement below, with the equivalence it declares for each.

Transition clockClosed to new enrolments

New enrolments are not permitted from 25 March 2016 — one year from the date the replacement was included on the National Register (s 14(1)(a)(i) of the National VET Regulator (Compliance Standards for NVR RTOs and Fit and Proper Person Requirements) Instrument 2025 (F2025L00355, in force 1 July 2025)), or from a later date if ASQA has approved otherwise for your organisation.

Learners already enrolled have no fixed deadline: they complete the product and are issued their AQF certification, or transfer to the replacement, in a timely manner (ASQA guidance, read live 25 August 2026).

The same date closes a second obligation: under s 7(2)(c) of the same instrument, advertising may refer to a superseded product only while it is on scope and new enrolments are permitted. When enrolments stop, the course page advertising it stops being permitted too — and if ASQA approves a later enrolment date, that moves with it.

Sector-wide: the item 14 cut-off, measured across every live scope · the repealed 12-month rule

Product type
Qualification
Training package
FNS10 — Financial Services Training Package
Currency period ends
23 March 2015
Latest release
Release 3 · 18 July 2013 · 3 releases in all
Supersedes
FNS51510
Superseded by
FNS51515 equivalent

Where the register points next

Each step below is one supersession training.gov.au publishes between two products. The label on the rail is the equivalence the register declares for that step — not our reading of it.

  1. FNS51511Superseded — equivalentDiploma of Credit Management
  2. equivalent
  3. FNS51515Superseded — not equivalentDiploma of Credit Management
  4. not equivalent
  5. FNS51520Superseded — equivalentDiploma of Credit Management
  6. equivalent
  7. FNS51522CurrentDiploma of Credit Management

What the register says changed

These are the mapping notes training.gov.au attaches to each supersession, quoted as the register writes them. They are the only public record of what actually changed between two versions.

  • FNS51510FNS51511equivalent15 January 2012

    Compliance unit BSBCOM405A replaced by FNSORG401A in the core, to better reflect workplace requirements - OUTCOMES EQUIVALENT

  • FNS51511FNS51515equivalent24 March 2015

    Updated to meet Standards for Training Packages.

Is FNS51511 on your scope?

This page is the register's record of one product. What it cannot tell you is whether FNS51511 sits on your own scope today, or what else on that scope has moved without anyone noticing. Enter your RTO number and we read every product on your live scope against training.gov.au and tell you which ones are superseded and which replacements the register flags not equivalent.

Public code, nothing else. We read your live scope from training.gov.au and answer here — nothing is stored unless you ask us to watch it.

Whether a supersession requires anything of you, and what, sits with you and your regulator. This page maps what the register records; it does not make that judgement. If the difference between an equivalent and a non-equivalent replacement is the question, we wrote it up in equivalent vs not equivalent.

What FNS51511 is made of

training.gov.au lists 26 units for FNS51511: 0 core and 3 elective, and 23 units it marks neither. The register does not publish a completion rule in units for this product, so we do not state one. How many of the electives are required is in the packaging rules on training.gov.au.

Elective units 3 listed

CodeUnitIn this product
BSBCUS501CManage quality customer servicenot current
BSBRSK501BManage risknot current
BSBWOR501BManage personal work priorities and professional developmentnot current

Units the register marks neither core nor elective 23 listed

CodeUnitCore or electiveIn this product
BSBCOM402BImplement processes for the management of a breach in compliance requirementsN/Anot current
BSBINN601AManage organisational changeN/Anot current
BSBMGT502BManage people performanceN/Anot current
BSBMGT605BProvide leadership across the organisationN/Anot current
BSBMGT617ADevelop and implement a business planN/Anot current
BSBSMB407AManage a small teamN/Anot current
BSBSUS501ADevelop workplace policy and procedures for sustainabilityN/Anot current
FNSCNV506AEstablish and manage a trust accountN/Anot current
FNSCRD404AUtilise the legal process to recover outstanding debtN/Anot current
FNSCRD405AManage overdue customer accountsN/Anot current
FNSCRD501ARespond to personal insolvency situationsN/Anot current
FNSCRD502AManage factoring and invoice discounting arrangementsN/Anot current
FNSCRD503APromote understanding of the role and effective use of consumer creditN/Anot current
FNSCRD504AManage the credit relationshipN/Anot current
FNSCRD505ARespond to corporate insolvency situationsN/Anot current
FNSCUS504AManage premium customer relationshipsN/Anot current
FNSCUS505ADetermine client requirements and expectationsN/Anot current
FNSINC401AApply principles of professional practice to work in the financial services industryN/Anot current
FNSORG401AConduct individual work within a compliance frameworkN/Anot current
FNSORG502ADevelop and monitor policy and proceduresN/Anot current
FNSORG507AManage client service and business informationN/Anot current
FNSORG604AEstablish outsourced services and monitor performanceN/Anot current
FNSRSK601ADevelop and implement risk mitigation planN/Anot current

Core and elective are the register's own flags on the unit grid of the release read here. "Not current" means training.gov.au no longer recommends that unit for use inside this product — it does not say anything about the product itself.

Source: this product on training.gov.au, Australia's national training register — or go straight to the units it requires. The rule itself is item 14 of F2025L00355, and ASQA publishes the extensions it has granted. Read on 28 August 2026 UTC. Every code, title, date, status and equivalence flag on this page is the register's; nothing here is estimated or inferred, and where the register publishes nothing we say so.

Every FNS training product on the register · Search all training products

Is FNS51511 still on your scope? Type your RTO code and get the free breakdown — every superseded product on your live scope, and whether the register flags each replacement equivalent.

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