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.
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
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.
Learning outcomes and graduate attributes
|On completion of this unit, students should be able to:||GA1||GA2||GA3||GA4||GA5||GA6||GA7|
|1||describe and critically appraise the role of a financial planner||Knowledge of a discipline|
|2||describe the range of financial services provided by a financial planner||Knowledge of a discipline||Communication and social skills|
|3||explain the importance of the financial planner-client relationship||Knowledge of a discipline||Communication and social skills|
|4||develop appropriate financial planning strategies for a range of clients||Ethical practice||Communication and social skills|
|5||Recommend various types of investment products for inclusion in a client wealth building strategy||Ethical practice||Communication and social skills|
|6||advise client's on their exposure to investment and financial risk||Ethical practice||Communication and social skills|
|7||outline and explain the taxation, legal and ethical framework which financial planners operate within.||Knowledge of a discipline|
- (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.
Teaching and assessment
|Lecture online 1 hour (12 weeks)|
|Exam: open book||50%|
Commonwealth Supported courses
For information regarding Student Contribution Amounts please visit the Student Contribution Amounts.
Commencing 2018 Commonwealth Supported only. Student contribution band: 3
Please check the international course and fee list to determine the relevant fees.