'It's about the future of the industry': White

by Julia Corderoy24 Mar 2015
Two free scholarships being offered by the FBAA and Australis College to encourage students to choose finance broking as a career are only days away from closing.

The scholarship program, worth $17,000, will see the students complete their Certificate IV and Diploma as well as providing a two years one-on-one mentoring program.

FBAA chief executive Peter White says the association is conscious of the industry’s ageing workforce and has been working proactively for the past few years to attract more younger brokers. 

“It's very exciting to start to see the results of our efforts and to be fuelling the next generation of finance brokers in Australia,” he said.

The FBAA has also teamed up with student organisation Student Edge to promote the industry to students who may have never considered finance broking as a career option. 

The partnership has helped the FBAA produce promotional videos targeted at students. The videos go online on the Student Edge website and Student Edge also promotes them to its student membership as a career opportunity. The association reaches over 600,000 high school and university students nationally.

“As a result hundreds of student members have now joined the FBAA,” White said. 

Since the broker association began its partnership with Student Edge, it has seen its student membership surge. White has previously told Australian Broker that he is expecting to reach 1,000 student members by the end of June.

“This is not even about the FBAA. It's about the future of the industry, and the entire industry will benefit,” White said.

Anyone interested in applying for a scholarship can find more information on the FBAA website.