Faculty of Business and Economics

Monash University

Postgraduate - Unit

This unit entry is for students who completed this unit in 2015 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.

FacultyFaculty of Business and Economics
Organisational UnitDepartment of Banking and Finance
OfferedCaulfield Second semester 2015 (Evening)
Coordinator(s)Mr Andrew Child


This unit provides advanced skills in financial planning, construction of a plan, and review of the plan. Coverage includes: preparation of various financial planning documents including the Financial Services Guide, Privacy Statement and Statement of Advice; aspects of the client relationship; gathering data and identifying goals, objectives and financial issues; assessing strategies, preparing recommendations, and writing the Statement of Advice; implementing the plan; reviewing, updating and maintaining the plan.


The learning goals associated with this unit are to:

  1. develop a practical understanding at an advanced level of various important and topical subjects in financial planning, with emphasis on client and practice issues such as: setting up a practice, gaining and maintaining a licence, dealing with clients, handling compliance issues and ethics, superannuation, portfolio management, salary packaging, internal and external complaints handling, insurance and risk management, estate planning and behavioural finance in financial planning
  2. develop skills in analysis and problem solving that are critical in satisfying client objectives and in finalising the preparation of Statements of Advice (SoAs)
  3. develop skills in effectively managing and communicating with clients through research into current issues and reporting of results.


Within semester assessment: 100%

Workload requirements

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

See also Unit timetable information

Chief examiner(s)


AFF9130 or BFF5913