MAA255 - Financial Planning
Unit details
| Year: | 2021 unit information |
|---|---|
| Important Update: | Unit delivery will continue to be provided in line with the most current COVIDSafe health guidelines. This may include a mix of on-campus and online activities. To find out how you are impacted, please check your unit sites for announcements and updates. Unit sites open one week prior to the start of each Trimester/Semester. Thank you for your flexibility and commitment to studying with Deakin in 2021. Last updated: 4 June 2021 |
| Enrolment modes: | Trimester 1: Burwood (Melbourne), Waterfront (Geelong), Online Trimester 2: Burwood (Melbourne), Online |
| Credit point(s): | 1 |
| EFTSL value: | 0.125 |
| Previously coded as: | MAF255, MAF309 |
| Unit Chair: | Trimester 1: Peter Vuong Trimester 2: Peter Vuong |
| Prerequisite: | MAF101 or MAA104 |
| Corequisite: | Nil |
| Incompatible with: | MAF255 |
| 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 2 hour class, 1 x 1 hour seminar per week
|
| Scheduled learning activities - cloud: | Online independent and collaborative learning including 3 scheduled online workshops of 3 hours duration |
Content
This unit introduces students to financial planning and the way that financial planners work with their clients to put in place appropriate strategies to help them meet their goals and objectives. It covers the financial planning process and its implementation, including familiarising students with the basics of superannuation, insurance, investments and estate planning. The unit also develops an understanding of the economic, political, social and legal environment and how this impacts upon the strategies put in place for clients. This unit is a very practical unit where theoretical concepts are illustrated by work-place and practical situations.
| ULO | These are the Learning Outcomes (ULO) for this unit. At the completion of this unit, successful students can: | Deakin Graduate Learning Outcomes |
|---|---|---|
| ULO1 | Relate theoretical, technical and practical financial planning knowledge and skills to various client scenarios. | GLO1: Discipline-specific knowledge capabilities |
| ULO2 | Identify and examine financial planning options for a client. | GLO1: Discipline-specific knowledge and capabilities |
| ULO3 | Create strategic solutions that are in the client's 'best interest'. | GLO1: Discipline-specific knowledge and capabilities |
| ULO4 | Present a limited scope Statement of Advice for a client that includes appropriate models using a spreadsheeting tool. | GLO1: Discipline-specific knowledge and capabilities |
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) - Problem Based Written Assignment | 1200 words | 15% | Week 5 |
| Assessment 2 (Group of 3) - Problem Based Written Assignment | 2,000 words | 25% | Week 8 |
| Examination | 2-hours | 60% | 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 a result of at least 50% on the examination plus achieve an overall result of 50 marks out of 100 marks available.
Learning Resource
The texts and reading list for the unit can be found on the University Library via the link below: MAA255 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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