units

BFG2210

Faculty of Business and Economics

18 September 2017 26 November 2024
Monash University

Undergraduate - Unit

This unit entry is for students who completed this unit in 2014 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

print version

6 points, SCA Band 3, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered, or view unit timetables.

LevelUndergraduate
FacultyFaculty of Business and Economics
Organisational UnitDepartment of Banking and Finance
OfferedNot offered in 2014
Coordinator(s)Mr Peter Lambourn

Synopsis

This unit addresses strategies by which people can meet their personal financial goals and increase their personal wealth. Students are introduced to the area of personal finance and associated decision-making processes. Students will gain knowledge of the personal and economic factors in the development of near and long-term personal financial goals, various retail-focused savings, investment, finance and insurance products, and the development of strategies to ultimately achieve personal financial goals and increase personal wealth.

Outcomes

The learning goals associated with this unit are to:

  • describe personal financial planning and explain its importance and role in achieving personal financial goals
  • demonstrate an understanding of a range of investment, finance and insurance products suitable for retail customers
  • develop skills and techniques to support personal financial decision-making
  • demonstrate an understanding of the Australian taxation, social security and superannuation systems, and their implications for personal financial decision-making
  • apply critical thinking, problem solving and presentation skills to individual and/or group activities dealing with personal financial planning and demonstrate in an individual summative assessment task the acquisition of a comprehensive understanding of the topics covered by BFG2210.

Assessment

Within semester assessment: 30%
Examination: 70%

Workload requirements

Minimum total expected workload equals 144 hours per semester

Prerequisites

AFG1000 or ACG1000