This unit entry is for students who completed this unit in 2016 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.

BFF5913 - Financial planning

6 points, SCA Band 3, 0.125 EFTSL

Postgraduate - Unit

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

Faculty

Business and Economics

Organisational Unit

Department of Banking and Finance

Coordinator(s)

Mr Andrew Child

Offered

Caulfield

First semester 2016 (Evening)
Summer semester A 2016 (On-campus block of classes)

Synopsis

This unit provides an introduction to financial planning. Coverage includes: the legislative and economic environment; the role of financial service advisers; licensing and disclosure; investment strategies, products, and related taxation implications, with particular reference to securities and managed investments; social security; superannuation, pensions and other retirement issues; estate planning; and the financial planning process.

Outcomes

The learning goals associated with this unit are to:

describe financial planning activities and legal compliance requirements for financial planners
develop specialist skills required for interaction with financial planning clients; this will recognise an ethical dimension to the giving of financial planning advice
demonstrate knowledge of the Australian and global investment environments, together with specialist knowledge in the areas of superannuation, financial planning, securities and managed investments
evaluate clients' financial objectives and prepare appropriate financial plans
demonstrate in an individual summative assessment task the acquisition of a comprehensive understanding of the nature of financial planning and its design for individual clients.

Assessment

Within semester assessment: 30%
Examination: 70%

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.

Chief examiner(s)

Professor Philip Gray

Prohibitions

AFC3440, BFC3440, AFF3111, BFF3111, AFF9130