Fifty thousand learning modules have been completed on LMG’s digital education and training platform Brokerversity in a major milestone for the ‘virtual campus’ six months after its relaunch.
LMG reimagined Brokerversity at the start of 2024 as an innovative and interactive digital platform that allows users to acquire vital skills at their own pace, attracting more than 1000 new users each month.
Along with micro-courses in topics including cyber safety and marketing to keep the LMG network ahead of the industry, Brokerversity offers aggregator-first qualification offerings in the Certificate IV in Mortgage Broking and Diploma in Finance and Mortgage Broking Management. So far, 106 people have either graduated or are undertaking studies in the Cert IV of Diploma.
LMG has appointed recruitment specialist Taylor Giannis as Broker Education Sales Manager to lead stakeholder engagement in the courses, supporting further growth in the formal qualifications, which are offered in the platform by leading RTO Entry Education. As part of her existing role within LMG’s TalentForce division, Ms Giannis places qualified graduates from Brokerversity into Loan Market and LMG Partner businesses.
LMG’s National Director of Broker Education Louise Rainger said Brokerversity’s popularity was underpinned by the fact that content and curricula had been developed by ‘brokers for brokers’.
In fact, just as many qualified brokers had completed a course on Brokerversity as a PAYG staff (Client Support Managers, credit analysts, receptionists etc).
“Brokerversity was designed for the next generation of brokers, and it does that through engaging and relevant content and education,” said Ms Rainger. “It goes beyond theory to explore real-world scenarios, and that’s what business owners have been asking for.
“But what we’ve also seen is a high take-up from accredited brokers. Existing brokers like Brokerversity because it’s a self-paced way to refresh their skills, complete courses on asset finance and commercial to diversify their service offering or maintain best practice compliance protocols.”
There are 66 different courses available on Brokerversity, comprising more than 480 lessons (modules).
Each course takes varying lengths of time to complete based on the depth of content. For instance, the course which teaches users how to master ApplyOnline or Self Managed Super Fund lending are two of the more intensive courses, while courses focusing on how to use time saving tools like SmartData are shorter.
“Creating functionality that allows users to learn and complete courses at their own pace has been very popular with users,” said Ms Rainger.
“If you only have a window of 15 or 20 minutes in your day, you can still find a lesson to complete which adds value to your brokerage.”
Brokerversity also allows users to track their CPD points within their accounts.