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MAA318 - Advanced Financial Planning

Year:

2022 unit information

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

Nil

Prerequisite:

Must have passed three units in : MAA215, MLC301, MAF307, MAA319; and
Must have passed units: MAA255 and 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 3 hour seminar per week

Scheduled learning activities - cloud:

Recorded lecture plus 11 x 1 hour on-line interactive workshops.

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 assessment for this unit requires the preparation of a comprehensive, client-focused financial plan or Statement of Advice using financial planning software. In the first few topics we review the process of developing a Statement of Advice and the legislative requirements that govern the financial planning process. In subsequent topics we 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 clients.

 

 

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

Apply interpersonal skills and techniques to identify client needs and objectives and build client relationships 

GLO1: Discipline-specific knowledge and capabilities
GLO2: Communication

ULO3

Analyse, research and critically evaluate a comprehensive set of client circumstances 

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

 ULO4

Evaluate and construct a comprehensive range of solutions for a client, incorporating the use of technology, that meets regulatory, ethical and professional requirements 

GLO1: Discipline-specific knowledge and capabilities
GLO2: Communication
GLO3: Digital literacy
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 3) Report (Client) 2000 words 20% Week 5
Assessment 2: (Individual)
Part A: Report (Client)
Part B: Presentation/Interview (in class and online)		 Part A: 4000 words
Part B: 20 minutes		 Part A: 40%
Part B: 20%		 Week 9 & Week 10 
Assessment 3: (Individual) Written Reflection 1500 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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