MAI728 - Financial Behaviour and Decision Making (Intensive)
| Year: | 2020 unit information |
|---|---|
| Enrolment modes: | Intensive 02: Burwood (Melbourne) Intensive 08: Burwood (Melbourne) |
| Credit point(s): | 1 |
| EFTSL value: | 0.125 |
| Cohort rule: | This unit is only available to students enrolled in N002, M769, M669, M569, M701, M770, M640 and M540 |
| Prerequisite: | Nil |
| Corequisite: | Nil |
| Incompatible with: | MAA728 |
| Study commitment | Students will on average spend 130 hours undertaking the teaching, learning and assessment activities for this unit. Students will have 24 hours of face-to-face contact over the course of 3 consecutive days with separate independent and collaborative learning required both prior to and subsequent to the Intensive. |
| Scheduled learning activities - cloud (online) | Students will be required to access the Unit Site for reading and preparation work which will be available four weeks prior to the commencement of the intensive. Students can expect to spend 130 hours undertaking the learning and assessment activities for this unit. Collaborative learning required both prior to and subsequent to the Intensive.
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| In-person attendance requirements | In addition to the online scheduled learning activities, this intensive unit requires students to attend three consecutive days of face to face intensive study at Karstens Melbourne, 123 Queen Street, Melbourne from 8.00am to 4.00pm. 2020 Dates: Intensive period 02 Intensive period 8 |
| Note: | Please enrol by the deadline as places are limited: Intensive period 02 enrolment deadline: 16 February 2020 |
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 not have 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 client behaviour and factors that influence decision-making. The unit also seeks to provide students with a theoretical and practical understanding of the ethical and professional requirements within a financial services context.
Hurdle requirement
Student must achieve 80% on the MCQ test and 50% of total available marks
Unit Fee Information
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