MAA769 - Ethics for Financial Services
Unit details
| Year: | 2024 unit information |
|---|---|
| Enrolment modes: | Trimester 3: Online |
| Credit point(s): | 1 |
| EFTSL value: | 0.125 |
| Unit Chair: | Trimester 3: Peter Ngigi |
| Prerequisite: | Nil |
| Corequisite: | Nil |
| Incompatible with: | MAI769 |
| 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: | Online independent and asynchronous learning consisting of 1 x 1.5 hour recorded lecture and 1 x 1.5 hour online live seminar (recordings provided) each week |
Content
As a requirement of education standards provided by the Financial Adviser Standards (FAS), the unit develops students' appreciation of ethics and their ability to evaluate and apply ethical principles in the decision-making process in financial planning. Topics covered include: the nature of ethics; ethical factors influencing the performance of financial services; ethical theories and principles applicable to finance professionals; ethical decision-making models; ethical issues and conflicts of interest in the financial services industry; FAS and professional codes of ethics; applying ethical decisions in case scenarios; international business practices; and code monitoring bodies.
| ULO | These are the Learning Outcomes (ULO) for this unit. At the completion of this unit, successful students can: | Deakin Graduate Learning Outcomes |
|---|---|---|
| ULO1 | Apply knowledge of ethical theories, principles and decision-making models in arriving at responsible and ethical judgements in financial planning scenarios. | GLO1: Discipline-specific knowledge and capabilities |
| ULO2 | Evaluate ethical issues and challenges using extant theories and principles and communicate appropriate responses to stakeholders. | GLO1: Discipline-specific knowledge and capabilities |
| ULO3 | Justify ethical decisions according to relevant national and international professional standards and codes of ethics. | GLO1: Discipline-specific knowledge and capabilities |
| ULO4 | Evaluate the role of code monitoring bodies in monitoring and enforcing adviser compliance with codes of ethical conduct. | GLO1: Discipline-specific knowledge and capabilities GLO4: Critical Thinking |
Assessment
| Assessment Description | Student output | Grading and weighting (% total mark for unit) | Indicative due week |
|---|---|---|---|
| Assessment 1: (Individual) Report (Business) | 1000 words | 20% | Week 5 |
| Assessment 2: Case study | Part A: 10 minutes | Part A: 10% | Week 9 |
| Assessment 3: Portfolio | Part A: 2000 words | Part A: 30% Part B: 10% | Information not available. |
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 at the link here: MAA769 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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