MAA745 - Financial Planning and Economic Fundamentals
Unit details
| Year: | 2024 unit information |
|---|---|
| Enrolment modes: | Trimester 1: Burwood (Melbourne), Online Trimester 2: Online |
| Credit point(s): | 1 |
| EFTSL value: | 0.125 |
| Unit Chair: | Trimester 1: Jun Yao Trimester 2: Jun Yao |
| Previously: | Financial Planning Fundamentals |
| Prerequisite: | Nil |
| Corequisite: | Nil |
| Incompatible with: | MAF765 |
| 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. |
| Educator-facilitated (scheduled) learning activities - on-campus unit enrolment: | 1 x 3 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 |
Content
This unit is designed to introduce the student to the study of personal finance and financial planning. It covers the financial planning process and its implementation, and develops an understanding of the economic, political, social and legal environment of the Financial Planning Industry. The unit provides an overview of the broad range of investment products available and their application to general investment strategies. The unit also considers issues relating to superannuation, estate planning as well as risk management and insurance, and provides students with an understanding of their necessity in the financial planning process.
| ULO | These are the Learning Outcomes (ULO) for this unit. At the completion of this unit, successful students can: | Deakin Graduate Learning Outcomes |
|---|---|---|
| ULO1 | Analyse and evaluate the legal, social and ethical responsibilities of financial planners and the Australian regulatory framework within which they operate. | GLO1: Discipline-specific knowledge and capabilities |
| ULO2 | Research, construct and present a preliminary financial plan to meet client requirements in an ethical and professional manner. | GLO1: Discipline-specific knowledge and capabilities |
| ULO3 | Apply the skills of working constructively with others in a teamwork setting and reflect on the group dynamics. | GLO2: Communication |
| ULO4 | Reflect on and evaluate personal progress towards the development of generic and specific knowledge required for professional practice. | GLO6: Self-management |
Assessment
| Assessment Description | Student output | Grading and weighting (% total mark for unit) | Indicative due week |
|---|---|---|---|
| Assessment 1: (Individual) Written Reflection (Self) | 750 words | 10% | Week 5 |
| Assessment 2: | Part A: 3000 words | Part A: 40% | Week 9 |
| Assessment 3: (Individual) Client Report | 2000 words | 40% | Week 11 |
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.
Learning Resource
The texts and reading list for the unit can be found on the University Library via the link below: MAA745 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
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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.
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