Master of Financial Planning (T3 2019)

Postgraduate coursework

Learn how to translate theory into practice by developing feasible financial planning solutions for clients. Apply to study a Master of Financial Planning.

This is the Trimester 3, 2019 version of this course.

The Trimester 3 teaching period starts from 11 November 2019.

Applications for this course close 10 November 2019.

Key facts

Duration

1.5 years full-time or part-time equivalent

Key dates

Direct applications to Deakin for Trimester 3 2019 close 10 November 2019

Current Deakin Students

To access your official course details for the year you started your degree, please visit the handbook

Course information

The Master of Financial Planning is a new course 12 credit point Master’s course designed to meet the requirements of the new financial planning standards body - the Financial Adviser Standards and Ethics Authority (FASEA).

The course emphasises the professional responsibilities of the financial planner, both in an ethical and compliance sense, incorporating Ethics for Financial Services, Financial Behaviour and Decision Making and Financial Services Regulation.

This professionally-oriented course is designed to enhance professional capabilities, employability and career progression in the financial planning professional discipline. You will learn to apply advanced and integrated knowledge, devise recommendations, develop literacy and technical skills in digital technologies, sustain opinions and solve problems that indicate a professional approach to the practice of financial planning.

The Master’s course includes research-related study in addition to associated learning embedded across a number of units.  Students are introduced to research tools and techniques in core units of the course where they learn analytic skills and the practical application of those skills in professional contexts. Students will study a capstone unit that requires them to integrate the skills learnt over their course of study and produce applied pieces of research with reference to prevailing literature within specific assessment tasks.

Students will have the opportunity to study an elective unit.

Read More

Course structure

The Master of Financial Planning is typically a 12 credit point course but this is dependent on your entry point. The exact number of credit points you study depends on how much credit you receive as recognition of prior learning (RPL) - your professional experience and previous qualifications - which can save you time and money, but may be limited by the FASEA education standards.

To complete the Master of Financial Planning, students must attain a total of 12 credit points consisting of 11 credit points of core units and 1 credit points of elective units chosen from a specified list, plus completion of MAI010 Academic Integrity and MAA071 Pre-Term: Getting to Grips with Postgraduate Study (0 -credit point compulsory units). Most units (think of units as 'subjects') are equal to 1 credit point.

Students are introduced to research tools and techniques in core units of the course where they learn analytic skills and the practical application of those skills in professional contexts. They must also complete advanced level units and a capstone unit that require them to integrate the skills learnt over their course of study and produce applied pieces of research with reference to prevailing literature.
Students are required to meet the University’s academic progress and conduct requirements.

11

Core units

1

Elective units

12

Total units

Core units

  • Academic Integrity MAI010 (0 credit points)
  • Pre-Term: Getting to Grips with Postgraduate Study MAA071 (0 credit points)
  • Estate Planning and Risk Management Strategies MAA700
  • Superannuation and Retirement Planning MAA719
  • Financial Behaviour and Decision Making MAA728
  • Financial Planning and Economic Fundamentals MAA745
  • Professional Research and Analysis MAA753
  • Investments and Portfolio Management MAF707
  • Principles of Income Tax Law MLC703
  • Business Law MLC707
  • Financial Services Regulation MLM717
  • From Trimester 3 2019:

  • Academic Integrity MAI010 (0 credit points)
  • Pre-Term: Getting to Grips with Postgraduate Study MAA071 (0 credit points)
  • Estate Planning and Risk Management Strategies MAA700
  • Superannuation and Retirement Planning MAA719
  • MAA728/MAI728Financial Behaviour and Decision Making (Intensive)
  • Financial Planning and Economic Fundamentals MAA745
  • Professional Research and Analysis MAA753
  • Investments and Portfolio Management MAF707
  • Principles of Income Tax Law MLC703
  • Business Law MLC707
  • MLC714/MLI714Financial Advice Regulation (Intensive)
  • *MAI code denotes Intensive version of the unit

    Core Capstone Unit:

  • Financial Planning Development MAA727
  • Elective units

    Plus a 1 credit point elective unit from:

  • Administration of Trusts and Estates MAA747 new from T3 2019
  • Financial Markets MAF702
  • Property and Real Estate Context MMP713
  • Accounting MPA701
  • Business Internship Experience MWL701
  • Business Practicum MWL702
  • From Trimester 3 2019:

  • Administration of Trusts and Estates MAA747
  • Financial Markets MAF702
  • Property and Real Estate Context MMP713
  • Accounting MPA701
  • MWL715
  • MWL718
  •  or any other units with prior written approval of the Course Director. 

    Key information

    Award granted
    Master of Financial Planning
    Year

    2019 course information

    Deakin code
    M769
    CRICOS code?
    0100281
    Level
    Higher Degree Coursework (Masters and Doctorates)
    Approval status
    This course is approved by the University under the Higher Education Standards Framework.
    Australian Qualifications Framework (AQF) recognition
    The award conferred upon completion is recognised in the Australian Qualifications Framework at Level 9.

    Campuses by intake

    Campus availability varies per trimester. This means that a course offered in Trimester 1 may not be offered in the same location for Trimester 2 or 3. Read more to learn where this course will be offered throughout the year.

    Trimester 1 - March

    • Start date: March
    • Available at:
      • Burwood (Melbourne)
      • Cloud Campus

    Trimester 2 - July

    • Start date: July
    • Available at:
      • Burwood (Melbourne)
      • Cloud Campus

    Trimester 3 - November

    • Start date: November
    • Available at:
      • Burwood (Melbourne)
      • Cloud Campus

    Please note: This course is only available for part time study in Trimester 3.

    Additional course information

    Course duration - additional information
    Course duration may be affected by delays in completing course requirements, such as accessing or completing work placements.

    Mandatory student checks

    Units which contain work integrated learning, a community placement or interaction with the community may require a police check, working with children check or other check. These requirements will be detailed in unit guides upon enrolment.

    Workload

    As a student in the Faculty of Business and Law, you can expect to participate in a range of teaching activities each week. This could include classes, seminars, practicals and online interaction. You can refer to the individual unit details in the course structure for more information. You will also need to study and complete assessment tasks in your own time.

    Participation requirements

    Units in this course may have participation requirements that include compulsory placements, work-based training, community-based learning or collaborative research training arrangements.

    Placement can occur at any time, including during the standard holiday breaks listed here: https://www.deakin.edu.au/courses/key-dates.

    Reasonable adjustments to participation and other course requirements will be made for students with a disability. Click here for more information.

    Work experience

    This course provides students the opportunity to complete one or more elective work integrated learning units.

    More information: WIL Programs

    Need help?

    Ask a question about studying a at Deakin

    Entry requirements

    Entry information

    Deakin University offers admission to postgraduate courses through a number of Admission categories.

    In all categories of admission, selection is based primarily on academic merit as indicated by an applicant's previous academic record.

    All applicants must meet the minimum English language requirements.

    Admission is based on:

    • Bachelor degree in a related discipline*, or
    • Bachelor degree in any discipline, plus two years relevant work experience^, or
    • Evidence of academic capability judged to be equivalent.

    *A ‘related discipline' is a Business discipline with a major sequence in Accounting, Financial Planning and/or Finance.

    ^Relevant work experience is determined as business experience in either a financial planning role or a managerial position, with business oversight responsibilities in a financial planning related field such as superannuation consulting, estate planning, tax advisory, financial consulting, funds management, banking.

    Please note that meeting the minimum admission requirements does not guarantee selection, which is based on merit, likelihood of success and availability of places in the course.

    For more information on the Admission Criteria and Selection (Higher Education Courses) Policy visit Deakin Policy Library.

    Recognition of prior learning

    The University aims to provide students with as much credit as possible for approved prior study or informal learning which exceeds the normal entrance requirements for the course and is within the constraints of the course regulations. Students are required to complete a minimum of one-third of the course at Deakin University, or four credit points, whichever is the greater. In the case of certificates, including graduate certificates, a minimum of two credit points within the course must be completed at Deakin.

    You can also refer to the Recognition of Prior Learning System which outlines the credit that may be granted towards a Deakin University degree and how to apply for credit.

    Fees and scholarships

    Fee information

    Estimated tuition fee - full-fee paying place
    $26,000 for 1 yr full-time* - Full-fee paying place
    Learn more about fees and your options for paying.

    The available fee places for this course are detailed above.

    Tuition fees are determined by your enrolment:

    • If you are offered a full fee paying place, your tuition fees are calculated based on your course.
    • If you are offered a Commonwealth supported place, your tuition fees are calculated depending on the units you choose. Not all courses at Deakin have Commonwealth supported places available.

    The 'Estimated tuition fee' is provided as a guide only based on a typical enrolment of students completing the first year of this course. The cost will vary depending on the units you choose, your study load, the length of your course and any approved Recognition of Prior Learning.

    * One year full-time study load is typically represented by eight credit points of study. Each unit you enrol in has a credit point value. The 'Estimated tuition fee' is calculated by adding together 8 credit points of a typical combination of units for your course.

    You can find the credit point value of each unit under the Unit Description by searching for the unit in the Handbook.

    Learn more about fees and available payment options.

    Scholarship options

    A Deakin scholarship might change your life. If you've got something special to offer Deakin – or you just need the financial help to get you here – we may have a scholarship opportunity for you.

    Search or browse through our scholarships

    Postgraduate bursary

    If you’re a Deakin alumnus commencing a postgraduate award course, you may be eligible to receive a 15% reduction per unit on your enrolment fees. Your Immediate Family Members may also be eligible to apply for this bursary.

    Learn more about Deakin’s 15% postgraduate bursary

    Apply now

    How to apply

    Apply direct to Deakin

    Applications can be made directly to the University through the Course and Scholarship Applicant Portal. For information on the application process and closing dates, see the how to apply web page. Please note that closing dates may vary for individual courses.


    Need more information on how to apply?

    For more information on the application process and closing dates, see the How to apply webpage. If you're still having problems, please contact us for assistance.


    Register your interest to study at Deakin

    Please complete the Register your interest form to receive further information about our direct application opportunities.


    Contact information

    Faculty of Business and Law - student advisers
    Tel 03 9244 6555
    Email buslaw@deakin.edu.au

    Frequently asked questions

    What are the key study start dates?

    Browse all start and finish dates for Deakin’s main study periods. You’ll also find dates relating to applications and prospective student events, plus a list of all public holidays and study breaks.

    How much does it cost to study at Deakin?

    Your tuition fees will depend on the type of student you are, the course you study and the year you start. Fees are based on an annual amount; they don't cover the entire duration of the course.

    Use our fee estimator to gauge what your fees could be per year.

    Can I speak to someone in person about my study options?

    Yes! We regularly host a range of events including 1:1 consultations and information sessions, to assist you with your study options and career planning. Check out our upcoming events or contact our Prospective Student Enquiry Centre on 1800 693 888 for more information.

    Am I eligible for a scholarship with this course?

    Scholarships are available for domestic and international students at all study levels. Find a scholarship that works for you.

    Can I claim recognition of prior learning (RPL) for this course?

    In some courses, you can reduce your overall study time and tuition cost by getting your work and previous study experience recognised as recognition of prior learning (RPL).

    Course learning outcomes

    Deakin's graduate learning outcomes describe the knowledge and capabilities graduates can demonstrate at the completion of their course. These outcomes mean that regardless of the Deakin course you undertake, you can rest assured your degree will teach you the skills and professional attributes that employers value. They'll set you up to learn and work effectively in the future.

    Graduate Learning Outcome Course Learning Outcome
    Discipline specific knowledge and capabilities Apply an advanced and integrated knowledge about the financial planning development process for clients requiring financial planning advice of varying degrees of complexity and contexts.
    Communication Demonstrate advanced interpersonal and networking skills to communicate persuasively with clients to gather and interpret personal data and transmit knowledge to clients through the preparation and presentation of financial plans including financial goal achievement and risk minimisation.
    Digital literacy Select and apply appropriate digital technology to find, use, manage and persuasively disseminate complex wealth creation and risk minimisation knowledge and ideas to both clients and professional colleagues.
    Critical thinking Systematically and critically analyse, synthesise, evaluate and transform a range of complex information on wealth creation and risk minimisation to create personalised and contextualised financial plans for clients.
    Problem solving With creativity and autonomy, systematically develop strategies for wealth creation and risk minimisation for individuals by critically evaluating methods of inquiry, action planning and/or problem solving thereby generating innovative and contextualised solutions for financial goal achievement.
    Self-management Demonstrate advanced skills to work and learn independently, for taking responsibility for continuing professional development, personal actions and to critically reflect and analyse own personal motivations, aspirations and actions.
    Teamwork Lead and be accountable for the strategic management of group or team learning and outputs, demonstrating initiative in professional contexts and the ability to actively facilitate a positive team environment and to be open to working with and learning from others from different disciplines and backgrounds
    Global citizenship Engage ethically, professionally and productively in work, professional and the global contexts including with diverse communities and cultures, in a manner reflective of a critical understanding of ethical principles, a systematic knowledge of professional codes of conduct and an understanding of various worldviews and the complexity of elements important to members of other cultures.
       

     

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