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FIN331 Financial Planning (8)

Abstract

This subject introduces the concepts involved in personal financial planning, giving 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 explain and discuss financial plans.

+ Subject Availability Modes and Location

Session 2
OnlineBathurst Campus
On CampusPort Macquarie
Continuing students should consult the SAL for current offering details: FIN331
Where differences exist between the Handbook and the SAL, the SAL should be taken as containing the correct subject offering details.

Subject information

Duration Grading System School:
One sessionHD/FLSchool of Accounting and Finance

Assumed Knowledge

FIN211 or FIN210

Learning Outcomes

Upon successful completion of this subject, students should:
  • be able to explain the structure and regulation of the financial planning industry;
  • be able to categorise stakeholders in the financial planning industry;
  • be able to analyse various approaches to the financial planning process;
  • be able to use effective communication skills and financial planning principles to establish client goals and risk profiles, which will then form the basis of the financial plan;
  • be able to compare sources of consumer credit and apply investment strategies for wealth accumulation;
  • be able to apply risk management and taxation strategies for wealth protection; and
  • be able to discuss legal, social security, and retirement-related rules associated with financial planning.

Syllabus

The subject will cover the following topics:
  • the financial planning profession;
  • the financial planning process and the SOA;
  • successful financial planning;
  • budgeting and credit management;
  • investing in shares and bonds;
  • managed funds;
  • investment risk;
  • insurance;
  • taxation issues;
  • superannuation;
  • social security; and
  • estate planning.

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The information contained in the 2018 CSU Handbook was accurate at the date of publication: 20 October 2017. The University reserves the right to vary the information at any time without notice.