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MAA318 - Advanced Financial Planning

Year:

2020 unit information

Important Update:

Classes and seminars in Trimester 2, 2020 will be online.

Last updated: 2 June 2020

Enrolment modes:Trimester 2: Burwood (Melbourne), Warrnambool, Waterfront (Geelong), Online
Credit point(s):1
EFTSL value:0.125
Previously coded as:MAF312
Unit Chair:Trimester 2: Marc Olynyk
Cohort rule:

Nil

Prerequisite:
  • For students who commenced  the following courses prior to Trimester 1 2016: D301, D313, D317, D321, D322, D325, D338, D366, D388, M307 , M300.1
    Pre-requisite: MAA255, MAA317
  • For students who commenced  the following courses from Trimester 1 2016: D301, D313, D317, D321, D322, D325, D338, D366, D388, M307 , M300.2
    Pre-requisite: Must have passed four units in MAF202, MAA215, MLC301, MAF307, MAA319 and must have passed MAA255, MAA317
  • For students in other courses: MAA255, MAA317
Corequisite:Nil
Incompatible with:

MAF312

Typical study commitment:

Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit.

Scheduled learning activities - campus:

1 x 2 hour class, 1 x 1 hour seminar per week*

*For Warrnambool on campus offering there will be a converged mode of delivery using CloudDeakin and face-to-face workshops

Scheduled learning activities - cloud:

Online independent and collaborative learning including 3 scheduled online workshops of 3 hours duration

Content

This unit is the capstone unit of the financial planning major. It specifically builds on studies in MAA255 Financial Planning and MAA317 Superannuation Planning as well as many other units. The assignment for this unit requires the preparation of a comprehensive, client-focused financial plan. The first topic studied reviews the process of developing a financial plan. Subsequent topics will review the content and techniques of a range of functional areas within financial planning with a view to using these techniques to strategically improve the financial position of our clients.

 

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

Develop interview and questioning techniques and communication skills to assist in ascertaining needs and objectives of a client and in building client relationships.

GLO1: Discipline-specific knowledge and capabilities
GLO2 Communication

ULO3

Analyse, research and critically evaluate a comprehensive set of client circumstances as it applies to satisfying the needs and objectives of a client.

GLO1: Discipline-specific knowledge and capabilities
GLO3: Digital literacy
GLO4: Critical thinking
GLO5: Problem solving

 ULO4

Construct a compliant comprehensive Statement of Advice (SOA) to meet client requirements in an ethical and professional manner.

GLO1: Discipline-specific knowledge and capabilities
GLO2: Communication
GLO3: Digital literacy
GLO4: Critical thinking
GLO5: Problem solving
GLO8: Global citizenship

 ULO5

 Evaluate personal progress towards developing appropriate levels of knowledge and skills required for professional practice. GLO6: Self-management

 

These Unit Learning Outcomes are applicable for all teaching periods throughout the year

Assessment

Assessment Description Student output Grading and weighting
(% total mark for unit)		 Indicative due week 
Assessment 1: (Group of 2-3) - Critical analysis: Quantitative/Theory report 2,000 words 20% Weerk 6
Assessment 2: (Individual)
Part A: Quantitative/Theory
Part B: Presentation/Interview		 4,000 words/ 20-minutes 60% (40%/20%) Week 9, Week 10 & Week 11
Assessment 3: (Individual) - Professional identity assessment (e-Portfolio) 1,500 words 20% 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.

Hurdle requirement

Hurdle requirement: Achieve at least 40% of the marks available on all assessment tasks. Successfully complete the professional literacy module to gain access to the assignment dropbox. 

Learning Resource

The texts and reading list for the unit can be found on the University Library via the link below: MAA318 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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