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AML/CTF graduate Program

The AML/CTF Graduate Program is a workplace focused program developed jointly by AFMA and the International Compliance Association (ICA). Based on the ICA’s globally-recognised international AML/CTF qualification, the course covers international and Australian principles, laws and practice, and provides a comprehensive survey of AML/CTF practice in Australia today.

Who is it for?

The AML/CTF Graduate Program is designed to give individuals working in financial markets or financial services who wish to build a career in financial crime investigation and prevention or AML/CTF a deep understanding of ML/TF risks and to equip them with the professional tools to strengthen their organisations against abuse by criminals.

The Program is suitable for individuals who work within financial institutions as well as individuals who work in partnership with financial institutions as advisers, regulators, policymakers or law enforcement. It is designed for individuals who wish to build a career as an anti-money laundering and counter terrorism financing compliance and management professional.

Graduates of the AML/CTF Management Program

If you previously were awarded the AFMA/ICA Diploma of Applied Anti-Money Laundering and Counter Terrorism Management, you may upgrade to the Graduate Diploma of Anti Money Laundering and Counter Terrorism Financing via a series of upgrade assessment tasks. For further information please contact education@afma.com.au

How do you undertake the program?

Application, enrolment, course dates and alternative pathways


The AML/CTF Graduate Program is designed for individuals working in financial markets who wish to fast track their career in AML/CTF. Individuals with relevant experience in finance, e.g. banking or compliance, are encouraged to apply. Relevant experience is not restricted to experience in AML/CTF compliance. For example applicants with substantial experience in operations or risk management are eligible. There are three pathways for entrance into the program:

  • 5 years of relevant workplace experience. Remember, relevant experience includes a broad range of roles and responsibilities in financial markets and financial services, e.g. dealing and sales roles
  • 3 years of relevant workplace experience and a diploma qualification (or equivalent), or
  • 2 years of relevant workplace experience and a bachelor degree, e.g. a bachelor of Commerce or a Bachelor of Arts.

If you are interested in enrolling, submit an Application for Admission Form, with an up-to-date resume and academic transcripts (if required).

For information about fees and when the program will next run, please see our program fees and dates schedule

For alternative pathways for the program (for those with industry experience, please see our Alternative completion information kit.

Program requirements

The Program comprises three modules, which are completed via a combination of workshop attendance, self-study, online discussion and assessment.

The components of the program are:

Each module is self-standing and can be studied by itself; it is not necessary to enrol in all three modules. However, to be awarded the dual qualifications, it is necessary to successfully complete all three modules. It is strongly recommended that individuals who wish to build a career in AML/CTF complete all three modules, as they constitute an integrated program providing complete professional training for AML/CTF officers.

What will you learn?

The Program is designed to enable a compliance or AML professional to be able to perform the following skills:

  • Design an anti-money and counter terrorism financing program
  • Design and assess controls to monitor money-laundering and terrorism financing risk
  • Design and monitor a reporting system for suspicious transactions
  • Design customer due diligence policies and procedures
  • Manage assessment of organisational vulnerability to money laundering and terrorism financing
  • Implement an anti-money and counter terrorism financing program
  • Lead compliance with financial services legislation and industry codes of practice
  • Develop and build effective relationships with regulators and industry bodies

For more detail, please see page 5 of our program brochure

What will you achieve?

When you successfully complete the Program, you will achieve the following:

  • The Graduate Diploma of Anti-Money Laundering and Counter Terrorism Financing, FNS80115, a nationally recognised qualification in Australia.
  • The ICA International Diploma in Anti Money Laundering, awarded in association with the Alliance Manchester Business School, The University of Manchester. This is an internationally recognised Honours degree level qualification, which is mapped against international occupational standards of competence in AML/CTF.
  • Charles Sturt University offers graduates of AFMA's Graduate Diploma of Anti-Money Laundering and Counter Terrorism Financing a 50% credit (48 subject points) towards completing of the Casus Master of Anti-Money Laundering and Counter Terrorism Financing.
  • Eligibility for professional membership of the ICA, entitling you to use the designation MICA (Member of the ICA) and, after 5 years, FICA (Fellow of the ICA).
  • Eligibility for AFMA Accreditation if your employer is an AFMA member.
  • Up to 90 CE hours (Regulation & Compliance).
Candidates successfully completing a single module will receive a Statement of Attainment.

For more detail, please see page 6 of our program brochure

More Information


For detailed information on the AML/CTF Graduate Program, please read the information below.