The course emphasises the professional responsibilities of the financial planner, both in an ethical and compliance sense, incorporating Ethics for Financial Services, Financial Behaviour and Decision Making and Financial Services Regulation.
This professionally-oriented course is designed to enhance professional capabilities, employability and career progression in the financial planning professional discipline. You will learn to apply advanced and integrated knowledge, devise recommendations, develop literacy and technical skills in digital technologies, sustain opinions and solve problems that indicate a professional approach to the practice of financial planning.
The Master’s course includes research-related study in addition to associated learning embedded across a number of units. Students are introduced to research tools and techniques in core units of the course where they learn analytic skills and the practical application of those skills in professional contexts. Students will study a capstone unit that requires them to integrate the skills learnt over their course of study and produce applied pieces of research with reference to prevailing literature within specific assessment tasks.
Students will have the opportunity to study an elective unit.
Indicative student workload
As a student in the Faculty of Business and Law, you can expect to participate in a range of teaching activities each week. This could include classes, seminars, practicals and online interaction. You can refer to the individual unit details in the course structure for more information. You will also need to study and complete assessment tasks in your own time.
Participation requirements
Units in this course may have participation requirements that include compulsory placements, work-based training, community-based learning or collaborative research training arrangements.
Reasonable adjustments to participation and other course requirements will be made for students with a disability. Click here for more information.
Mandatory student checks
Units which contain work integrated learning, a community placement or interaction with the community may require a police check, working with children check or other check. These requirements will be detailed in unit guides upon enrolment.
Fees and charges vary depending on your course, your fee category and the year you started. To find out about the fees and charges that apply to you, visit the Current students fees website.
Course Learning Outcomes
Graduate Learning Outcome
Course Learning Outcome
Discipline specific knowledge and capabilities
Apply an advanced and integrated knowledge about the financial planning development process for clients requiring financial planning advice of varying degrees of complexity and contexts.
Communication
Demonstrate advanced interpersonal and networking skills to communicate persuasively with clients to gather and interpret personal data and transmit knowledge to clients through the preparation and presentation of financial plans including financial goal achievement and risk minimisation.
Digital literacy
Select and apply appropriate digital technology to find, use, manage and persuasively disseminate complex wealth creation and risk minimisation knowledge and ideas to both clients and professional colleagues.
Critical thinking
Systematically and critically analyse, synthesise, evaluate and transform a range of complex information on wealth creation and risk minimisation to create personalised and contextualised financial plans for clients.
Problem solving
With creativity and autonomy, systematically develop strategies for wealth creation and risk minimisation for individuals by critically evaluating methods of inquiry, action planning and/or problem solving thereby generating innovative and contextualised solutions for financial goal achievement.
Self-management
Demonstrate advanced skills to work and learn independently, for taking responsibility for continuing professional development, personal actions and to critically reflect and analyse own personal motivations, aspirations and actions.
Teamwork
Lead and be accountable for the strategic management of group or team learning and outputs, demonstrating initiative in professional contexts and the ability to actively facilitate a positive team environment and to be open to working with and learning from others from different disciplines and backgrounds
Global citizenship
Engage ethically, professionally and productively in work, professional and the global contexts including with diverse communities and cultures, in a manner reflective of a critical understanding of ethical principles, a systematic knowledge of professional codes of conduct and an understanding of various worldviews and the complexity of elements important to members of other cultures.
Course rules
The Master of Financial Planning is typically a 12 credit point course but this is dependent on your entry point. The exact number of credit points you study depends on how much credit you receive as recognition of prior learning (RPL) - your professional experience and previous qualifications - which can save you time and money, but may be limited by the FASEA education standards.
To complete the Master of Financial Planning, students must attain a total of 12 credit points consisting of 11 credit points of core units and 1 credit points of elective units chosen from a specified list, plus completion of MAI010 Academic Integrity and MAA071 Pre-Term: Getting to Grips with Postgraduate Study (0 -credit point compulsory units). Most units (think of units as 'subjects') are equal to 1 credit point.
Students are introduced to research tools and techniques in core units of the course where they learn analytic skills and the practical application of those skills in professional contexts. They must also complete advanced level units and a capstone unit that require them to integrate the skills learnt over their course of study and produce applied pieces of research with reference to prevailing literature. Students are required to meet the University’s academic progress and conduct requirements.
Course duration - additional information Course duration may be affected by delays in completing course requirements, such as accessing or completing work placements.
Research and research-related study
This course includes 1 credit point equivalent research-related study [MAA753 Professional Research and Analysis] in addition to associated learning embedded across a number of units where student achievement is demonstrated in specific assessment tasks.
Students are introduced to research tools and techniques in core units of the course where they learn analytic skills and the practical application of those skills in professional contexts. They must also complete advanced level units and a capstone unit that require them to integrate the skills learnt over their course of study and produce applied pieces of research with reference to prevailing literature within specific assessment tasks.
