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Introductory Personal Finance (FNCE20003)
Undergraduate level 2Points: 12.5Dual-Delivery (Parkville)
From 2023 most subjects will be taught on campus only with flexible options limited to a select number of postgraduate programs and individual subjects.
To learn more, visit COVID-19 course and subject delivery.
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Semester 2
Carsten Murawski: carstenm@unimelb.edu.au
Overview
Availability | Semester 2 - Dual-Delivery |
---|---|
Fees | Look up fees |
This subject introduces students to the management of personal finances as well as consumer financial products and services. It discusses the notion of financial wellbeing and its relation to other aspects of wellbeing. It then describes the typical financial problems people encounter in their lives and the key financial products and services used to address them, including investing in financial securities, purchasing real estate and funding retirement. The subject also discusses relevant aspects of taxation, government incentives as well as human decision-making. This subject is aimed at students envisaging a career in consumer financial services, as a financial adviser or in the public service (e.g., regulation). It also provides a basis for personal financial decision making
Intended learning outcomes
On completion of the subject, students should be able to:
- Explain the concept of financial wellbeing, its key dimensions and its relation with other aspects of wellbeing;
- Analyse the main financial problems people face in their lives and explain key financial products and services and apply them to those problems;
- Describe important aspects of human decision-making relevant to the management of personal finances;
- Describe the financial planning process in Australia, including key legal and regulatory aspects.
Generic skills
- High level of development: application of theory to practice; evaluation of data and other information; synthesis of data and other information; problem-solving; critical thinking;
- Moderate level of development: written communication; collaborative learning; interpretation and analysis;
- Some level of development: oral communication; use of computer software; accessing data and other information from a range of sources.
Last updated: 11 April 2024
Eligibility and requirements
Prerequisites
Code | Name | Teaching period | Credit Points |
---|---|---|---|
FNCE10002 | Principles of Finance |
Semester 1 (Dual-Delivery - Parkville)
Semester 2 (Dual-Delivery - Parkville)
Summer Term (Online)
|
12.5 |
Corequisites
None
Non-allowed subjects
None
Inherent requirements (core participation requirements)
The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.
Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home
Last updated: 11 April 2024
Assessment
Description | Timing | Percentage |
---|---|---|
Two individual homework assignments (not more than 600 words each)
| From Week 3 to Week 12 | 30% |
Mid-semester test
| Mid semester | 20% |
End-of-semester examination
| During the examination period | 50% |
Last updated: 11 April 2024
Dates & times
- Semester 2
Principal coordinator Carsten Murawski Mode of delivery Dual-Delivery (Parkville) Contact hours One 2-hour lecture and one 1-hour tutorial per week Total time commitment 170 hours Teaching period 25 July 2022 to 23 October 2022 Last self-enrol date 5 August 2022 Census date 31 August 2022 Last date to withdraw without fail 23 September 2022 Assessment period ends 18 November 2022 Semester 2 contact information
Carsten Murawski: carstenm@unimelb.edu.au
Last updated: 11 April 2024
Further information
- Texts
Prescribed texts
You will be advised of prescribed texts by your lecturer.
- Related Handbook entries
This subject contributes to the following:
Type Name Breadth Track Your Money or Your Life - Breadth options
This subject is available as breadth in the following courses:
- Bachelor of Arts
- Bachelor of Biomedicine
- Bachelor of Design
- Bachelor of Environments
- Bachelor of Fine Arts (Acting)
- Bachelor of Fine Arts (Animation)
- Bachelor of Fine Arts (Dance)
- Bachelor of Fine Arts (Film and Television)
- Bachelor of Fine Arts (Music Theatre)
- Bachelor of Fine Arts (Production)
- Bachelor of Fine Arts (Screenwriting)
- Bachelor of Fine Arts (Theatre)
- Bachelor of Fine Arts (Visual Art)
- Bachelor of Music
- Bachelor of Science
- Available through the Community Access Program
About the Community Access Program (CAP)
This subject is available through the Community Access Program (also called Single Subject Studies) which allows you to enrol in single subjects offered by the University of Melbourne, without the commitment required to complete a whole degree.
Entry requirements including prerequisites may apply. Please refer to the CAP applications page for further information.
- Available to Study Abroad and/or Study Exchange Students
This subject is available to students studying at the University from eligible overseas institutions on exchange and study abroad. Students are required to satisfy any listed requirements, such as pre- and co-requisites, for enrolment in the subject.
Last updated: 11 April 2024