MAA250 - Ethics for Financial Professionals
Unit details
Year: | 2020 unit information |
---|---|
Important Update: | Classes and seminars in Trimester 3, 2020 will be online. Last updated: 5 October 2020 |
Enrolment modes: | Trimester 2: Burwood (Melbourne), Warrnambool, Waterfront (Geelong), Online Trimester 3: Burwood (Melbourne), Online |
Credit point(s): | 1 |
EFTSL value: | 0.125 |
Previously coded as: | MAA350 |
Unit Chair: | Trimester 2: Jahan Khan Trimester 3: Steven Low |
Prerequisite: | MAA103, MAF101 |
Corequisite: | Nil |
Incompatible with: | MAA350 |
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: | Online independent and collaborative learning including 11 scheduled online workshops of 1 hour duration. |
Content
As a requirement of International Education Standard 4 released by the International Federation of Accountants, the unit develops students' appreciation of ethics and their ability to evaluate and apply ethical principles in the decision-making process in accounting, financial planning and finance. Topics covered include: the nature of ethics; personal and organisational ethical factors; ethical theories and principles applicable to finance professionals; ethical decision-making models; ethical issues and conflicts of interest in the financial services industry; professional codes of ethics and workplace ethics; corporate social responsibility; and principles of corporate governance.
These are the Learning Outcomes (ULO) for this Unit | ||
ULO1 | Apply ethical theories, principles and decision-making models in arriving at a professional judgements in national and international settings. | GLO1: Discipline-specific knowledge and capabilities |
ULO2 | Communicate and meet the responsibilities of finance professionals in relation to stakeholder interests | GLO1: Discipline-specific knowledge and capabilities |
ULO3 | Develop personal insights into career readiness to respond to ethical issues as a financial professional | GLO2:Communication |
ULO4 | Apply codes of ethics for finance professionals | GLO1: Discipline-specific knowledge and capabilities GLO8: Global citizenship |
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 (Individual): Interview | 10 minutes | 20% | Week 3 |
Assessment 2 (Individual): Case Study | 2,500 words | 30% | Week 7 |
Assessment 3 (Individual): Written Reflection (Self) | 1,500 words | 20% | Week 10 |
Open Book Examination | 2-hours | 30% | Exam period |
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 50% of the marks available on the examination.
Learning Resource
The texts and reading list for the unit can be found on the University Library via the link below: MAA250 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
Click on the fee link below which describes you: