The unit Financial Planning will help you gain an understanding of how financial advisers and support staff are part of a large industry that provides necessary services to the community and contributes to Australia’s economic performance. Working through this unit should also help you understand what factors affect the various job tasks that advisers do.
The financial services industry is undergoing rapid change, with new jobs being created and other jobs disappearing. The way in which financial advisers work today is very different from the way things were ten years ago. And the way in which you will work in five or ten years is expected to be very different from now. This unit is intended to help you understand these changes and to prepare you to be part of these changes.
The aim of Financial Planning is to develop a strong foundation for students wishing to pursue a career in the financial services industry, as well as providing invaluable knowledge and skills in personal finance. Upon completion of this course, students should have an understanding of the regulatory framework governing the Australian financial services industry and possess basic financial planning skills in investment advice
The `key areas' that are important for the financial planning process are examined, namely: the regulatory framework; investments; managed funds; superannuation; home ownership; risk management and insurance; taxation; consumer credit; social security; estate planning.
|Unit name||Financial Planning|
|College/School||College of Business & Economics
Tasmanian School of Business and Economics
|Discipline||Accounting and Corporate Governance|
|Coordinator||Mr Paul Taranto|
|Available as student elective?||Yes|
|Location||Study period||Attendance options||Available to|
|Hobart||Semester 2||On-Campus||Off-Campus||International International||Domestic Domestic|
- International students
- Domestic students
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|Study Period||Start date||Census date||WW date||End date|
* The Final WW Date is the final date from which you can withdraw from the unit without academic penalty, however you will still incur a financial liability (see withdrawal dates explained for more information).
Unit census dates currently displaying for 2022 are indicative and subject to change. Finalised census dates for 2022 will be available from the 1st October 2021.
- Describe the financial planning industry and social framework
- Explain the role and function of the financial planner and how the role applies to the client-planner relationship.
- Apply financial planning tools and concepts.
- Communicate financial planning tools and concepts.
|Field of Education||Commencing Student Contribution 1||Grandfathered Student Contribution 1||Approved Pathway Course Student Contribution 2||Domestic Full Fee|
1 Please refer here more information on student contribution amounts.
2 Information on eligibility and Approved Pathway courses can be found here
If you have any questions in relation to the fees, please contact UConnect or more information is available on StudyAssist.
Please note: international students should refer to this page to get an indicative course cost.
|Assessment||Three (3) Online MCQ Quizzes (15%)|Examination (60%)|Assignment (25%)|
|Timetable||View the lecture timetable | View the full unit timetable|
You will need the following text:
Taylor,S; Juchau,R Financial Planning in Australia essentials edition LexisNexis Butterworths, Sydney
Financial planning is a dynamic area. Students are therefore urged to follow current events and developments in finance in the press. This includes reading the following periodical regularly (look for special student offers): ):
The Australian Financial Review (www.afr.com), (www.afr.com),
The Economist (www.economist.com), (www.economist.com),
The Financial Times (www.ft.com), (www.ft.com).
The Wall Street Journal (www.wsj.com). (www.wsj.com).
There are many resources on the web, but be aware not all of them are worthwhile. Consult the leading textbooks for references.
Among academic journals look in Journal of Finance, Journal of Applied Corporate Finance, Accounting and Finance, and other journals that can be found in the library.
|Links||Booktopia textbook finder|
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