Business Ethics (11549.1)

Availability

• UC - Canberra, Bruce

  Year	Teaching Period	Convener		Mode of Delivery
  2021	Semester 2	DR   David   CARTER	(Ph: +61 2 62015793 )	ON-CAMPUS

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Unit Outlines

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• Semester 2, 2020, ON-CAMPUS, BRUCE (198512) - View

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Syllabus

The need for a strong ethical framework in the financial services industry was made obvious by the 2018 Royal Commission into the Financial Services Industry. In this unit, you will analyse how ethical frameworks and professional codes of conduct guide financial advisers when evaluating options to ensure they act in the client's best interest. You will apply ethical frameworks to solve a range of dilemmas that are regularly encountered when providing financial advice.

Learning Outcomes

On successful completion of this unit students will be able to:

1. Explain the importance of a code of ethics and explain why financial advisers need to abide by an approved code in the context of professional standards;

2. Apply different ethical frameworks to solve dilemmas that are encountered when providing financial advice;

3. Discuss the importance of the best interest duty of a financial adviser;

4. Justify the need for due diligence and maintaining client files and records; and

5. Explain the requirements as specified in the various professional codes of ethics and how they apply to real-life situations.

Assessment Items

Contact Hours

Two hours of lectures and one hour of tutorials on campus per week.

Prerequisites

None.

Corequisites

None.

Assumed Knowledge

None.

Incompatible Units

9397 Business Ethics and 10263 Ethics and Decision Making G

Equivalent Units

None.