Authorised by Academic Registrar, April 1996
Objectives On successful completion of this subject students should demonstrate an understanding of the legislative, legal and regulatory structures in which the financial planning industry operates; knowledge of banking industry financial services structures, products and career opportunities; have an understanding of the impact of macroeconomic and microeconomic issues on the investment decision; knowledge of capital markets, funding decisions and investment analysis; be able to apply financial mathematics to the investment decision process.
Synopsis An overview of financial planning industry regulation; regulators; dealers; advisers; licences and proper authorities; banking industry financial services; legal system, principles and common law; liability, disclaimers and disclosures; macroeconomic and microeconomic issues; interest rate determination and term structure; capital markets and funding decisions; fundamentals of investment analysis; financial mathematics; and professional negligence and duty of care.
Assessment Assignment (2000 words): 30% + Examination (3 hours): 70% + Students must pass the examination and gain a minimum 50 marks overall to pass this subject.