MAA745 - Financial Planning and Economic Fundamentals

Unit details

Year:

2024 unit information

Enrolment modes:Trimester 1: Burwood (Melbourne), Online
Trimester 2: Online
Credit point(s):1
EFTSL value:0.125
Unit Chair:Trimester 1: Jun Yao
Trimester 2: Jun Yao
Previously:Financial Planning Fundamentals
Prerequisite:

Nil

Corequisite:Nil
Incompatible with: MAF765
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:

1 x 1.5 hour recorded lecture and 1 x 1.5 hour online seminar (recordings provided) each week

Content

This unit is designed to introduce the student to the study of personal finance and financial planning. It covers the financial planning process and its implementation, and develops an understanding of the economic, political, social and legal environment of the Financial Planning Industry. The unit provides an overview of the broad range of investment products available and their application to general investment strategies. The unit also considers issues relating to superannuation, estate planning as well as risk management and insurance, and provides students with an understanding of their necessity in the financial planning process.

ULO These are the Learning Outcomes (ULO) for this unit. At the completion of this unit, successful students can: Deakin Graduate Learning Outcomes
ULO1

Analyse and evaluate the legal, social and ethical responsibilities of financial planners and the Australian regulatory framework within which they operate.

GLO1: Discipline-specific knowledge and capabilities

ULO2

Research, construct and present a preliminary financial plan to meet client requirements in an ethical and professional manner.

GLO1: Discipline-specific knowledge and capabilities
GLO2: Communication
GLO5: Problem solving

ULO3

Apply the skills of working constructively with others in a teamwork setting and reflect on the group dynamics. 

GLO2: Communication
GLO6: Self-management
GLO7: Teamwork

ULO4

Reflect on and evaluate personal progress towards the development of generic and specific knowledge required for professional practice.

GLO6: Self-management

Assessment

Assessment Description Student output Grading and weighting
(% total mark for unit)
Indicative due week

Assessment 1: (Individual) Written Reflection (Self)

750 words 10% Week 5

Assessment 2:
Part A: (Group of 3) Report (Client)
Part B: (Individual) Self-Reflection teamwork 

Part A: 3000 words
Part B: 500 words

Part A: 40%
Part B: 10%

Week 9

Assessment 3: (Individual) Client Report 2000 words 40% 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: MAA745 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

Fees and charges vary depending on the type of fee place you hold, your course, your commencement year, the units you choose to study and their study discipline, and your study load.

Tuition fees increase at the beginning of each calendar year and all fees quoted are in Australian dollars ($AUD). Tuition fees do not include textbooks, computer equipment or software, other equipment or costs such as mandatory checks, travel and stationery.

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