Undergraduate - UnitAFF3111 - Personal financial planning

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

Quota applies

Enrolment restriction quota of 60 students in Summer A 2011.

Synopsis

This unit provides an introduction to financial planning. Coverage includes: the legislative and economic environment; the role of financial service advisers; licensing and disclosure; investment strategies, products, and related taxation implications, with particular reference to securities and managed investments; social security; superannuation, pensions and other retirement issues; estate planning; and the financial planning process. This unit meets Australian Securities and Investments Commission registration requirements for Tier 1 in respect of: specific knowledge in financial planning, securities, managed investments and superannuation; generic knowledge; and skills.

Outcomes

The learning goals associated with this unit are to:

1. describe financial planning activities and legal compliance requirements for financial planners
2. demonstrate specialist skills required for interaction with financial planning clients
3. demonstrate generic knowledge of the Australian and global investment environments, together with specialist knowledge in the areas of superannuation, financial planning, securities and managed investments
4. prepare financial plans for clients with different financial objectives
5. apply critical thinking, problem solving and presentation skills to individual and/or group activities dealing with personal financial planning and demonstrate in an individual summative assessment task the acquisition of a comprehensive understanding of the topics covered by AFF3111.

Assessment

Within semester assessment: 30%
Examination (3 hours): 70%

Chief examiner(s)

Professor Madhu Veereraghavan

Contact hours

3 hours per week

Prerequisites

Students must have passed AFC2140 or AFF2631before undertaking this unit.

Prohibitions

AFC3440