Introduction to Personal Financial Planning (11228.2)
|Available teaching periods||Delivery mode||Location|
|View teaching periods|| Flexible
| UC - Canberra, Bruce
|0.125||3||Faculty Of Business, Government & Law|
|Discipline||Study level||HECS Bands|
|Canberra Business School||Level 2 - Undergraduate Intermediate Unit|| Band 3 2013-2020 (Expires 31 Dec 2020)
Band 4 2021 (Commenced After 1 Jan 2021)
Band 4 2021 (Commenced After 1 Jan Social Work_Exclude 0905)
Band 5 2021 (Commenced Before 1 Jan 2021)
Learning outcomesAfter successful completion of this unit, students will be able to:
1. Discuss the importance of personal financial planning and the financial advisors role within the financial planning process;
2. Identify the need for client and product research in personal financial planning;
3. Explain the role of superannuation, investments and taxation in wealth creation and preservation;
4. Distinguish insurance products and describe their use to manage risk and illustrate the use of margin lending, derivatives and foreign exchange; and
5. Appraise the client's financial situation and recommend suitable strategies to accumulate, preserve and distribute wealth.
Graduate attributes1. UC graduates are professional - employ up-to-date and relevant knowledge and skills
1. UC graduates are professional - communicate effectively
1. UC graduates are professional - use creativity, critical thinking, analysis and research skills to solve theoretical and real-world problems
1. UC graduates are professional - work collaboratively as part of a team, negotiate, and resolve conflict
1. UC graduates are professional - display initiative and drive, and use their organisation skills to plan and manage their workload
1. UC graduates are professional - take pride in their professional and personal integrity
2. UC graduates are global citizens - think globally about issues in their profession
2. UC graduates are global citizens - adopt an informed and balanced approach across professional and international boundaries
2. UC graduates are global citizens - understand issues in their profession from the perspective of other cultures
|Year||Location||Teaching period||Teaching start date||Delivery mode||Unit convener|
|2021||UC - Canberra, Bruce||Semester 2||02 August 2021||Flexible||Dr Bomikazi Zeka|
|2022||UC - Canberra, Bruce||Semester 2||01 August 2022||On-Campus||Prof Milind Sathye|
McKeown, W., Kerry, M. and Olynyk, M. (2017). Financial Planning, 2nd Update Edition. Wiley. Print on Demand ISBN: 9780730350620; E-Text ISNB: 9780730343554
Here are the links to where students can purchase either the text book or eBook direct from the publisher:
From time to time you may find it useful to consult newspapers and journals such as:
- The Australian
- Accounting & Finance
- Australian Financial Review
- Business Review Weekly
- Journal of Corporate Accounting &Finance
- Journal of Banking & Finance
- Global Finance Journal
- CA Magazine
- The Australian Journal of Financial Planning
- Financial Standard
- The Journal of Investment Strategy
- Sydney Morning Herald
Each of these is available in UC library or online in electronic format.
There is also a range of other textbooks on the unit in the University library including the following:
Taylor, S., Juchau, R., & B. Houterman (2013) Financial Planning In Australia, 5th ed, LexisNexis Butterworths, Chatswood, NSW ISBN: 9780409332094
Day, J.K, Banister. P., Davies, B., Campbell, J., Fitton, G.D., Flack, G., Graham, S., Hayes, T., Jones, S., Kiddell, R., & S. Prestney (2017-18) Australian Financial Planning Handbook, Thomson Reuters (Professional) Australia Ltd, Kew, VIC, ISBN : 0864698828 / 9780864698827
Shirlow, D., (ed) (2019) Australian Master Financial Planning Guide 20019/2020, 22nd ed, CCH Australia Ltd, North Ryde, NSW, ISBN: 9781925894295
The following websites may be useful during your study of this unit:
Financial Planning Association: http://www.fpa.com.au/
Australian Securities & Investments Commission: https://asic.gov.au/
Australian Taxation Office: http://www.ato.gov.au/
CPA Australia: http://www.cpaaustralia.com.au/
Institute Of Chartered Accountants Australia: http://www.charteredaccountants.com.au/
Submission of assessment items
Special assessment requirements
Students who complete all assessment items and earn at least 50% of the marks overall will pass this unit.
It is recommended that students attend all lectures and tutorials. However there is no mark for attendance.
Attendance is not compulsory, but the unit has been designed on the assumption of face-to-face delivery and learning principles and so students who do not attend regular classes will be disadvantaged in terms of learning and feedback.
Required IT skills
You are assumed to have adequate skills in the use of calculator, computer, word-processing, spreadsheet modelling and internet browsing. You are also assumed to be familiar with LearnOnline. If you feel you do not have adequate skills, please discuss the matter with the unit convener.
Work placement, internships or practicums
The university has an arrangement with the National Australia Bank and other financial planning firms in Canberra for WIL. If you are interested please contact the unit leader as soon as possible.
However there are no WIL requirements as such in this unit.