Business Ethics (11549.1)
Available teaching periods | Delivery mode | Location |
---|---|---|
View teaching periods | On-campus Flexible |
Bruce, Canberra |
EFTSL | Credit points | Faculty |
0.125 | 3 | Faculty Of Business, Government & Law |
Discipline | Study level | HECS Bands |
Canberra Business School | Level 2 - Undergraduate Intermediate Unit | 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 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.
Graduate attributes
1. UC graduates are professional - communicate effectively1. UC graduates are professional - employ up-to-date and relevant knowledge and skills
1. UC graduates are professional - take pride in their professional and personal integrity
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
2. UC graduates are global citizens - communicate effectively in diverse cultural and social settings
2. UC graduates are global citizens - think globally about issues in their profession
2. UC graduates are global citizens - understand issues in their profession from the perspective of other cultures
3. UC graduates are lifelong learners - adapt to complexity, ambiguity and change by being flexible and keen to engage with new ideas
Prerequisites
None.Corequisites
None.Incompatible units
10263 Ethics and Decision Making G 6397 Business EthicsEquivalent units
None.Assumed knowledge
None.Year | Location | Teaching period | Teaching start date | Delivery mode | Unit convener |
---|---|---|---|---|---|
2024 | Bruce, Canberra | Semester 2 | 29 July 2024 | On-campus | Prof Milind Sathye |
2024 | Bruce, Canberra | Semester 2 | 29 July 2024 | Flexible | Prof Milind Sathye |
2025 | Bruce, Canberra | Semester 2 | 28 July 2025 | On-campus | Prof Milind Sathye |
Required texts
There is no required textbook for this unit, but you are likely to need to consult with sources, including reports, cases, journal articles and textbooks. I will assign readings for components of the unit, as the unit focuses on ethics in a contemporary context and certainly in light of the Royal Commission on Financial Services.
The various of reports of the Royal Commission can be found following this link:
https://www.royalcommission.gov.au/banking
The link to FASEA's code of Ethics is: https://www.legislation.gov.au/Details/F2019L00117
https://www.afa.asn.au/wp-content/uploads/Financial-Planners-and-Advisers-Code-of-Ethics-2020-Guide.pdf
You may need to consult journal databases for relevant information and materials. These can be accessed through library website, Google Scholar and other sites such as Emerald and Science Direct. Please ask the unit convenor for assistance if you are unfamiliar with searching for journals and journal articles.
For understanding business ethics in general, the below book available in UC library would be of useful.
Submission of assessment items
Extensions & Late submissions
Pass criteria: submission of all assessment items and obtaining a total of 50% marks.
Special assessment requirements
Use of AI is not permitted in this unit
The University's position is that artificial intelligence services must not be used for assessment or assessment preparation by students unless explicitly allowed in the assessment instructions for an assessment task published with the assessment task and/or in the unit outline. That is, an AI service may only be used if:
a) its use is authorised by the unit convener as part of the specified task; and
b) it is used in the way allowed in the assessment instructions and/or unit outline; and
c) its use is appropriately referenced, meaning that the students must reference the use of AI in their assessment in the same way as they reference other source material.
The use of AI has not been specified in the assessment instructions for the unit or in the unit outline and thus, AI is not a permissible resource.
Students must apply academic integrity in their learning and research activities at UC. This includes submitting authentic and original work for assessments and properly acknowledging any sources used.
Academic integrity involves the ethical, honest and responsible use, creation and sharing of information. It is critical to the quality of higher education. Our academic integrity values are honesty, trust, fairness, respect, responsibility and courage.
UC students have to complete the Academic Integrity Module annually to learn about academic integrity and to understand the consequences of academic integrity breaches (or academic misconduct).
UC uses various strategies and systems, including detection software, to identify potential breaches of academic integrity. Suspected breaches may be investigated, and action can be taken when misconduct is found to have occurred.
Information is provided in the Academic Integrity Policy, Academic Integrity Procedure, and University of Canberra (Student Conduct) Rules 2023. For further advice, visit Study Skills.
Participation requirements
You are encouraged to prepare for, attend and participate actively (comment, take notes, be active) in all workshops. Active attendance involves note taking, answering questions, sharing ideas and learning from others in the class. This is the best method of preparing your own personal viewpoints for the purposes of the assessment, including the exam. Reading someone else's notes or watching a recording is pedagogically less useful than actively participating. Students are expected to be on-time for classes and please note the class is interactive.
Required IT skills
Basic IT skills are necessary.
Students are expected to be able to use Microsoft Word in addition to University systems available over the Internet (e.g. MyUC, Email, E-Reserve, LearnOnline, Library Catalogue, and Library Databases).
Students are encouraged to use Zotero, Endnote or RefWorks for managing references for their assignment work.
As is common in the professional world, we will also be using Blackboard Collaborate (Virtual Room). As this unit involves online meetings in real time using Virtual Room in your UCLearn teaching site, you will be able to communicate in real time with your lecturer and other students. To participate verbally, rather than just typing, you will need a microphone. For best audio quality we recommend a microphone and speaker headset. For more information and to test your computer, go to the Virtual Room in your UCLearn site and 'Join Course Room'. This will trigger a tutorial to help familiarise you with the functionality of the virtual room.
When you enter the meeting room, please mute your microphone.
Please also note that as this is a unit associated with professional training, it makes sense that when you enter the Virtual Room, you turn on your camera to introduce yourself to the class. Equally, as is good professional training, when asking a question, seeking clarification or adding to our discussion, it would be appropriate to turn on your camera and participate actively. This is considered more appropriate than merely typing into the chat function. A professional courtesy includes practicing your professional skills by having a visual presence.
Work placement, internships or practicums
None.
- Semester 2, 2024, On-campus, UC - Canberra, Bruce (219415)
- Semester 2, 2024, Flexible, UC - Canberra, Bruce (219414)
- Semester 2, 2023, Flexible, UC - Canberra, Bruce (214403)
- Semester 2, 2022, Flexible, UC - Canberra, Bruce (209624)
- Semester 2, 2021, Flexible, UC - Canberra, Bruce (209030)
- Semester 2, 2020, On-campus, UC - Canberra, Bruce (198512)