FIN560 Financial Planning (8)
CSU Discipline Area: Economics and Finance (ECFIN)
Duration: One session
Abstract:
This subject introduces the concepts involved in personal financial planning, placing particular attention to the various processes and principles which are involved. It provides an overview of the laws and regulations relating to the financial planning industry, the forms of government assistance to individuals, the choice of investments available, and the role of insurance and superannuation. The subject will introduce students to the tasks associated with the development of financial plans and develop their ability to construct financial plans through the study materials, case studies and practical workshops.
+ Subject Availability Modes and Locations
| Session 1 | |
|---|---|
| Internal | CSU Study Centre Melbourne |
| Internal | CSU Study Centre Sydney |
| Distance * | Bathurst | Session 3 |
| Distance * | Bathurst |
*This subject offering contains a residential school. Please view following information for further details.
Continuing students should consult the SAL for current offering details: FIN560
Where differences exist between the Handbook and the SAL, the SAL should be taken as containing the correct subject offering details.
Enrolment restrictions:
Postgraduate Courses in the Faculty of Business
Objectives:
Upon successful completion of this subject, students should:
- Reflect critically on the structure, regulation and participants in the financial planning industry
- Analyse and evaluate various approaches to the financial planning process
- Use effective communication skills and financial planning principles to establish client goals and risk profile and develop a strategic statement that will form the basis of the financial plan
- Evaluate sources of consumer credit and apply investment strategies for wealth accumulation
- Apply risk management and taxation strategies for wealth protection
- Demonstrate an understanding of legal, social security, and retirement-related rules associated with financial planning
- Create, present, and interpret a professional-quality Statement of Advice that includes documentation of the decision process and a detailed action plan
Syllabus:
The subject will cover the following topics:
- The financial planning profession
- The financial planning process and the Statement of Advice
- Communication with Clients
- Successful financial planning
- Budgeting and credit management
- Investing in shares and bonds
- Managed funds
- Investment risk
- Insurance
- Taxation issues
- Superannuation
- Social security
- Estate planning
Residential School
This subject contains a compulsory 1 day residential school.
Develop basic skills associated with advising clients in accordance with requirements for ASIC PS146 skills registration.
The information contained in the 2013 CSU Handbook was accurate at the date of publication: 24 April 2013. The University reserves the right to vary the information at any time without notice.