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LocationDomesticInternational
OnlineSession 2Session 2

Unit description

Introduces students to financial planning including investments, superannuation, retirement and cash-flow planning, taxation, legal structures, risk assessment, insurance, and estate planning. Students will engage in teacher directed activities and experiences relevant to contemporary wealth management and critical aspects of the financial planner-client relationship.

Unit content

Topic 1: Role and Scope of Financial Planning

Topic 2: Contemporary Issues in the Financial Planning Industry

Topic 3: Legal & Ethical Framework

Topic 4: Examining the Financial Planning Process

Topic 5: Financial Products – Equities and Managed Funds

Topic 6: Financial Products – Cash and Fixed Interest

Topic 7: Financial Products – Real Estate and Commodities

Topic 8: Taxation Fundamentals

Topic 9: Superannuation and Retirement Planning

Topic 10: Social Security Applications

Topic 11: Risk Management & Insurance

Topic 12: Estate Planning

Learning outcomes

Unit Learning Outcomes express learning achievement in terms of what a student should know, understand and be able to do on completion of a unit. These outcomes are aligned with the graduate attributes. The unit learning outcomes and graduate attributes are also the basis of evaluating prior learning.

GA1: Intellectual rigour, GA2: Creativity, GA3: Ethical practice, GA4: Knowledge of a discipline, GA5: Lifelong learning, GA6: Communication and social skills, GA7: Cultural competence
On completion of this unit, students should be able to:GA1GA2GA3GA4GA5GA6GA7
1describe and critically appraise the role of a financial plannerKnowledge of a discipline
2describe the range of financial services provided by a financial plannerKnowledge of a disciplineCommunication and social skills
3explain the importance of the financial planner-client relationshipKnowledge of a disciplineCommunication and social skills
4develop appropriate financial planning strategies for a range of clientsEthical practiceCommunication and social skills
5Recommend various types of investment products for inclusion in a client wealth building strategyEthical practiceCommunication and social skills
6advise client's on their exposure to investment and financial riskEthical practiceCommunication and social skills
7outline and explain the taxation, legal and ethical framework which financial planners operate within.Knowledge of a discipline

On completion of this unit, students should be able to:

  1. describe and critically appraise the role of a financial planner
    • GA4: Knowledge of a discipline
  2. describe the range of financial services provided by a financial planner
    • GA4: Knowledge of a discipline
    • GA6: Communication and social skills
  3. explain the importance of the financial planner-client relationship
    • GA4: Knowledge of a discipline
    • GA6: Communication and social skills
  4. develop appropriate financial planning strategies for a range of clients
    • GA3: Ethical practice
    • GA6: Communication and social skills
  5. Recommend various types of investment products for inclusion in a client wealth building strategy
    • GA3: Ethical practice
    • GA6: Communication and social skills
  6. advise client's on their exposure to investment and financial risk
    • GA3: Ethical practice
    • GA6: Communication and social skills
  7. outline and explain the taxation, legal and ethical framework which financial planners operate within.
    • GA4: Knowledge of a discipline

Prescribed texts

  • (Digital and Print Versions Available) fromn http://www.wileydirect.com.au/buy/financial-planning-2nd-update-edition/: Warren McKeown, Mike Kerry, Marc Olynyk , 2017, Financial Planning, 2nd Update Edition, 2nd edn, John Wiley & Sons, Milton, QLD. ISBN: 9780730343554.
Prescribed texts may change in future study periods.

Teaching and assessment

Teaching method
Lecture online 1 hour (12 weeks)
Assessment
Presentation30%
Report20%
Exam: open book50%
Notice

Intensive offerings may or may not be scheduled in every session. Please refer to the timetable for further details.

Southern Cross University employs different teaching methods within units to provide students with the flexibility to choose the mode of learning that best suits them. SCU academics strive to use the latest approaches and, as a result, the learning modes and materials may change. The most current information regarding a unit will be provided to enrolled students at the beginning of the study session.

Fee information

Domestic

Commonwealth Supported courses
For information regarding Student Contribution Amounts please visit the Student Contribution Amounts.
Commencing 2020 Commonwealth Supported only. Student contribution band: 3

Fee paying courses
For POSTGRADUATE or UNDERGRADUATE full fee paying courses please check Domestic Postgraduate Fees OR Domestic Undergraduate Fees

International

Please check the international course and fee list to determine the relevant fees.

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