MAA727 - Financial Planning Development
Unit details
Year: | 2024 unit information |
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Enrolment modes: | Trimester 1: Online Trimester 2: Online |
Credit point(s): | 1 |
EFTSL value: | 0.125 |
Previously coded as: | MAF709 |
Unit Chair: | Trimester 1: Gurbinder Gill Trimester 2: Gurbinder Gill |
Prerequisite: | Successful completion of the following:
For N002 students - Must be an existing financial adviser and listed on the ASIC Adviser Register. |
Corequisite: | Nil |
Incompatible with: | MAF709 |
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 (recordings provided) seminar 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 |
Note:* FAS approved unit (Financial Advice Capstone subject). Students wanting to study MAA727 as part of the Graduate Certificate of Financial Planning (M569) or a single unit of study (non-Award) need to be an existing financial adviser and listed on the ASIC Adviser Register. Applications can be made here. How to apply Submit your application online via the Deakin course and scholarship applicant portal. For support on your application process, book a one-on-one consultation with a student adviser. Current Deakin students can enrol directly via StudentConnect. For step-by-step application instructions, download our guide. |
Content
This unit introduces students to the financial planning process and the development of a comprehensive Statement of Advice. The unit considers issues relating to the regulatory framework governing the profession and the construction of the advice statements, best interest duty, strategy development, investment bonds and aged care.. The unit pulls together knowledge and skills gained in I earlier units and incorporates all of these areas into a comprehensive financial plan.
ULO | These are the Learning Outcomes (ULO) for this unit. At the completion of this unit, successful students can: | Deakin Graduate Learning Outcomes |
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ULO1 | Communicate with clients to obtain personal information including negotiation where appropriate. | GLO1: Discipline-specific knowledge and capabilities |
ULO2 | Analyse and evaluate client circumstances and prepare financial planning recommendations to satisfy the needs and objectives of a client. | GLO1: Discipline-specific knowledge and capabilities |
ULO3 | Construct a compliant comprehensive State of Advice (SOA) via a popular financial planning software program to meet client requirements in an ethical and professional manner. | GLO1: Discipline-specific knowledge and capabilities |
ULO4 | Work constructively with others in a teamwork setting. | GLO7: Teamwork |
ULO5 | Analyse and evaluate the legal, social and ethical responsibilities of financial planners relating to contemporary financial planning issues. | GLO1: Discipline-specific knowledge and capabilities |
Assessment
Assessment description | Student output | Grading and weighting (% total mark for unit) | Indicative due week |
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Assessment 1: Written Assessment Part A: (Group of 3) Report (Business) Part B: (Group of 3) Written reflection (Peer) | Part A: 1200 words | Part A: 15% | Week 4 |
Assessment 2: (Individual) Report (Business) | 1500 words | 20% | Week 7 |
Assessment 3: Case Study Part A: (Individual) Report (Client) Construction of a Statement of Advice Part B: (Individual) Recorded Presentation | Part A: 4000 words (excludes appendices, financial statements, projections and needs analysis) | Part A: 45% | 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: MAA727 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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