Introduction to Financial Planning (6563.4)

Availability

Availability

This unit is no longer offered. Information may be available for Units in the following years:

• Version 3 - Start Date: 01/01/2009 End Date: 31/12/2012
• Version 4 - Start Date: 01/01/2013 End Date: 31/12/2014
• Version 2 - Start Date: 01/01/2007 End Date: 31/12/2008
• Version 1 - Start Date: 01/01/2005 End Date: 31/12/2006

Syllabus

This unit aims to provide students with an overview of the process and context of financial planning in Australia. It introduces students to the principles of personal financial planning and professional financial advice, including the regulatory environment, financial products and basic strategies for wealth creation and protection. This unit is designed to meet the Australian Securities and Investments Commission requirements for knowledge, skills and integrity at an appropriate educational level relative to the types of activities graduates undertake.

Learning Outcomes

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

1. Describe the concept and importance of personal financial planning;

2. Explain the need for client and product research;

3. Explain the role of superannuation in wealth creation;

4. Describe the use of insurance to manage risk;

5. Evaluate the impact of taxation in developing financial planning strategies;

6. Describe the use of derivative; and

7. Explain the role of foreign exchange.

Contact Hours

Normally 39 hours per semester.

Prerequisites

None