MAA728 - Financial Behaviour and Decision Making

Year:

2020 unit information

Enrolment modes: Trimester 1: Burwood (Melbourne), Cloud (online)
Trimester 2: Cloud (online)
Credit point(s): 1
Previously coded as: MAF714
EFTSL value: 0.125
Prerequisite:

For M540, M569, M640, M669, M769, M770 and N002 enrolled students: Nil

All other students: MAA745 or MAF765

Corequisite: Nil
Incompatible with: MAF714
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 (online)

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

Note:

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.

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Content

The Financial Planning professional must be able to build a deep understanding of their client’s needs, and be able to anticipate issues many clients may have not even considered. This unit builds on the technical knowledge acquired in other units, to broaden students understanding of the professional skills and knowledge required to manage long-term client relationships, and develop comprehensive understanding of clients’ needs in order to formulate strategies and solutions that are in the client’s best interest.

Drawing on insights from the behavioural sciences, this unit requires students to develop strategies to build trust, communicate the value of advice, and engage clients at each stage of the financial planning process. Students will be introduced to the field of behavioural finance, to develop an understanding of factors that influence financial behaviour and decision making and approaches to positively influence behavioural change.

Unit Fee Information

Click on the fee link below which describes you:

How to apply

You can apply online for this single unit via the Deakin Applicant Portal. Enter the unit code above and follow the steps to submit your application online. Once submitted, we'll be in contact via email to confirm your place.

You can apply for multiple units in one trimester in a single application or to study multiple units over subsequent trimesters, you'll need to submit a separate application for each study period.

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