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Financial Planning and Advising (FNCE90038)

Graduate courseworkPoints: 6.25On Campus (Parkville)

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Year of offer2018
Subject levelGraduate coursework
Subject codeFNCE90038
FeesSubject EFTSL, Level, Discipline & Census Date

This subject focuses on the role of the professional financial adviser in personal financial planning. Topics will be drawn from: risk and return analysis; investment asset classes; features of different investment products; taxation issues relating to securities and the impact of tax on various investment choices; the advantages and disadvantages of gearing; estate planning; rent versus buy decision-making problems; superannuation issues; insurance; relevant legal principles and industry standards; codes of conduct and the relationship between ethics and regulatory requirements.

Intended learning outcomes

On successful completion of this subject students should be able to:

  • Explain the features of various retail investment asset classes;
  • Analyse risk and effective return;
  • Critically evaluate the features of different investment products and their suitability for clients;
  • Explain the relationship between ethics and regulatory requirements and be aware of relevant legal principles, industry standards and codes of conduct;
  • Analyse the after-tax impact of various investment choices;
  • Explain and demonstrate the advantages and disadvantages of gearing;
  • Analyse and evaluate renting versus buying decision-making problems;
  • Identify and calculate eligibility for social security benefits;
  • Synthesise, and apply to individual circumstances, the fundamental issues surrounding superannuation;
  • Critically evaluate the importance of estate planning in the financial planning process;
  • Identify and explain the principles concerned with different types of insurance.

Generic skills

On successful completion of this subject, students should have improved the following generic skills:

  • Oral communication
  • Written communication
  • Collaborative learning
  • Problem solving
  • Team work
  • Statistical reasoning
  • Application of theory to practice
  • Interpretation and analysis
  • Critical thinking
  • Synthesis of data and other information
  • Evaluation of data and other information
  • Using computer software
  • Accessing data and other information from a range of sources

Last updated: 11 January 2018