MAA255 - Money, Wealth, and You
Unit details
| Year | 2025 unit information |
|---|---|
| Enrolment modes: | Trimester 1: Burwood (Melbourne), Waterfront (Geelong), Online Trimester 2: Burwood (Melbourne), Online |
| Credit point(s): | 1 |
| EFTSL value: | 0.125 |
| Unit Chair: | Trimester 1: Peter Vuong Trimester 2: Peter Vuong |
| Prerequisite: | MAF101 or MAA104 |
| Corequisite: | Nil |
| Educator-facilitated (scheduled) learning activities - on-campus unit enrolment: | 1 x 1.5 hour on-campus lecture (recordings provided) and 1 x 1.5 hour on-campus seminar (recordings provided) each week. |
| Educator-facilitated (scheduled) learning activities - online unit enrolment: | 1 x 1.5 hour recorded lecture and 1 x 1.5 hour online seminar (recordings provided) each week. |
| Typical study commitment: | Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit. This will include educator guided online learning activities within the unit site. |
Content
This unit introduces students to the essentials of personal finance and wealth building. Students will learn how to manage their personal finances effectively and develop strategies for building wealth over time. Key topics include superannuation, insurance, investments, debt management, investment strategies, and taxation.
The unit also explores the broader economic, political, social, and legal environments and how they influence personal financial decision-making. Through practical examples and real-world applications, students will gain valuable financial literacy skills and strategies that can be applied in their everyday lives. This engaging and practical unit is designed to equip students with the knowledge and skills to make informed financial decisions and to work towards the achievement of financial goals and long-term wealth generation.
Learning Outcomes
| ULO | These are the Unit Learning Outcomes (ULOs) for this unit. At the completion of this unit, successful students can: | Alignment to Deakin Graduate Learning Outcomes (GLOs) |
|---|---|---|
| ULO1 | Relate theoretical, technical and practical financial planning knowledge and skills to various client scenarios. | GLO1: Discipline-specific knowledge capabilities |
| ULO2 | Identify and examine financial planning options for a client. | GLO1: Discipline-specific knowledge and capabilities |
| ULO3 | Create strategic solutions that are in the client's 'best interest'. | GLO1: Discipline-specific knowledge and capabilities |
| ULO4 | Present a limited scope Statement of Advice for a client that includes appropriate models using a spreadsheeting tool. | GLO1: Discipline-specific knowledge and capabilities |
Assessment
| Assessment Description | Student output | Grading and weighting (% total mark for unit) | Indicative due week |
|---|---|---|---|
| Assessment 1: (Individual) Problem-Based Written Assignment | 1200 words | 15% | Week 6 |
| Assessment 2: (Group of 3) Problem-Based Written Assignment | 2000 words | 25% | Week 9 |
| End-of-unit assessment task: Written | 2 hours | 60% | End-of-unit assessment period |
The assessment due weeks provided may change. The Unit Chair will clarify the exact assessment requirements, including the due date, at the start of the teaching period.
Hurdle requirement
Hurdle requirement: achieve a result of at least 50% on the end-of-unit assessment Task plus achieve an overall result of 50 marks out of 100 marks available to evidence a minimum proficiency in the aligned accounting discipline learning outcomes included in this unit
Learning resource
The texts and reading list for MAA255 can be found via the University Library.
Note: Select the relevant trimester reading list. Please note that a future teaching period's reading list may not be available until a month prior to the start of that teaching period so you may wish to use the relevant trimester's prior year reading list as a guide only.
Unit Fee Information
Fees and charges vary depending on the type of fee place you hold, your course, your commencement year, the units you choose to study and their study discipline, and your study load.
Tuition fees increase at the beginning of each calendar year and all fees quoted are in Australian dollars ($AUD). Tuition fees do not include textbooks, computer equipment or software, other equipment or costs such as mandatory checks, travel and stationery.
For further information regarding tuition fees, other fees and charges, invoice due dates, withdrawal dates, payment methods visit our Current Students website.