This professionally-oriented course is specifically designed to meet the education needs of the financial planning industry.
Over the past two decades, superannuation has become an industry of great economic significance to Australia, with its size now greater than the nation’s annual Gross Domestic Product, the market capitalisation of the ASX and total cash deposits held by Australian banks.
The Master of Financial Planning is ideal for both those aspiring to join the financial planning industry and those currently employed in the industry. This degree seeks to build your financial planning abilities, skills and knowledge.
You will collect, analyse and synthesise financial planning information and use your skills to prepare financial planning solutions for clients. The course emphasises the professional responsibilities of the financial planner both in an ethical and in a compliance sense.
The course will give you an overall understanding of investment management in relation to different asset classes, plus the skills to construct, manage and evaluate portfolios using the key principles of modern portfolio theory. You’ll learn how to apply, analyse and relate the key principles of modern portfolio theory and asset pricing models using different portfolios of financial assets.
You’ll get an introduction to superannuation and retirement planning with a focus on the major trends and features of the industry and the framework in which the industry operates. The course will look at issues relating to superannuation contributions, different types of superannuation funds, the rules relating to the taxation and accessing of benefits, a consideration of alternative retirement income stream products and strategies designed to enhance superannuation and retirement income benefits.
The Master of Financial Planning has been assessed as an approved degree by the Financial Planning Education Council. Graduates are eligible for entry into the Certified Financial Planner Certification Program which is offered by the Financial Planning Association of Australia.Read More
To complete the Master of Financial Planning, students must attain a total of 16 credit points consisting of 9 credit points of core units and 7 credit points of elective units. Most units (think of units as 'subjects') are equal to 1 credit point.
4 credit points of electives may be selected from a list of 9 units and 3 credit points of electives may be selected from any units in the Master of Commerce (M755) and/or the Master of International Finance (M750).
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.
Core Capstone Unit:
Plus 4 credit points from:
# MPT code denotes study tour version of the unit.
~ previously coded MAF708
^ previously coded MAF709
* previously coded MAF714
< previously coded MAF765
> previously coded MPS701
+ New unit consolidating MAA746 and MAA729
Note: Students should consult with the Financial Planning Association or their website for professional recognition. Students seeking professional recognition may be required to undertake additional units.
Campuses by intake
Campus availability varies per trimester. This means that a course offered in Trimester 1 may not be offered in the same location for Trimester 2 or 3. Read more to learn where this course will be offered throughout the year.
Trimester 1 - March
- Start date: March
- Available at:
- Burwood (Melbourne)
- Cloud Campus
Trimester 2 - July
- Start date: July
- Available at:
- Burwood (Melbourne)
- Cloud Campus
Trimester 3 - November
- Start date: November
- Available at:
- Burwood (Melbourne)
- Cloud Campus
Please note: core units not available in Trimester 3
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.
Deakin University offers admission to postgraduate courses through a number of Admission categories.
In all categories of admission, selection is based primarily on academic merit as indicated by an applicant's previous academic record.
All applicants must meet the minimum English language requirements.
Entry will be based on performance in:
- a Bachelor Degree or other qualification at a higher AQF level in any discipline OR
- other evidence of academic capability judged to be equivalent
For more information on the Admission Criteria and Selection (Higher Education Courses) Policy visit Deakin Policy Library.
Fees and scholarships
Learn more about fees and your options for paying.
The tuition fees you pay will depend on the type of fee place you hold.
- If you are enrolled in a Commonwealth supported place, your tuition fees are calculated depending on the units you choose.
- If you are enrolled in a full fee paying place, your tuition fees are calculated depending on the course you choose.
In both cases, the ‘Estimated tuition fee’ is provided as a guide only based on a typical enrolment of students completing the first year of this course. The cost will vary depending on the units you choose, your study load, the length of your course and any approved Credit for Prior Learning you have.
Each unit you enrol in has a credit point value. The ‘Estimated tuition fee’ is calculated by adding together 8 credit points of a typical combination of units for that course. Eight credit points is used as it represents a typical full-time enrolment load for a year.
You can find the credit point value of each unit under the Unit Description by searching for the unit in the Handbook.
Learn more about fees and available payment options.
A Deakin scholarship could help you pay for your course fees, living costs and study materials. If you've got something special to offer Deakin - or maybe you just need a bit of extra support - we've got a scholarship opportunity for you. Search or browse through our scholarships
The Master of Financial Planning has been assessed as an approved degree by the Financial Planning Education Council. Graduates are eligible for entry into the Certified Financial Planner Certification Program which is offered by the Financial Planning Association of Australia.
Course learning outcomes
Deakin's graduate learning outcomes describe the knowledge and capabilities graduates can demonstrate at the completion of their course. These outcomes mean that regardless of the Deakin course you undertake, you can rest assured your degree will teach you the skills and professional attributes that employers value. They'll set you up to learn and work effectively in the future.
|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.|
How to apply
Apply direct to Deakin
Applications can be made directly to the University through the Applicant Portal if you are only applying for one course. For information on the application process and closing dates, see the how to apply web page. Please note that closing dates may vary for individual courses.Apply through Deakin
Need more information on how to apply?
For more information on the application process and closing dates, see the How to apply webpage. If you're still having problems, please contact us for assistance.
Register your interest to study at Deakin
Please complete the Register your interest form to receive further information about our direct application opportunities.
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*A shorter course duration is available to students entering from a same discipline background. A 'same discipline' award for this course is a Bachelor degree in a Business discipline with a major sequence in Accounting, Financial Planning and/or Finance.
^ Relevant work experience is determined as business experience either in a financial planning role or in a managerial position with business oversight responsibilities in a financial planning related field, such as superannuation consulting, estate planning, tax advisory, financial consulting, funds management, banking.
Credit for prior learning
The University aims to provide students with as much credit as possible for approved prior study or informal learning which exceeds the normal entrance requirements for the course and is within the constraints of the course regulations. Students are required to complete a minimum of one-third of the course at Deakin University, or four credit points, whichever is the greater. In the case of certificates, including graduate certificates, a minimum of two credit points within the course must be completed at Deakin.
You can also refer to the Credit for Prior Learning System which outlines the credit that may be granted towards a Deakin University degree and how to apply for credit.
Faculty contact information
Faculty of Business and Law - student advisers
Tel 03 9244 6555