Personal Financial Planning and Manage Ent
Personal Financial Planning and Manage Ent
Personal Financial Planning and Manage Ent
FINS5510
PERSONAL FINANCIAL PLANNING AND
MANAGEMENT
Course Outline
Summer, 2013-2014
This is an online course and the only face-to-face assessment
component is the final examination.
Please consult Part B for key information on ASB policies (including those on
plagiarism and special consideration), student responsibilities and student support
services.
Students with questions about course administration or content are encouraged to:
Read this course outline
Check the course website
E-mail your instructor
For e-mail communication with staff, teaching staff may ignore non-UNSW email
address for internet security reasons. Students are responsible for ensuring their email
accounts are NOT full.
3 COURSE DETAILS
The course consists of twelve online sessions. Powerpoint recordings will be made
available on the course website on Wednesday of each teaching week.
This course examines investment and financial issues arising from personal wealth
management activities. The course commences with an introduction of the financial
planning industry and the regulatory framework. It then goes through topics required for
the construction of a comprehensive financial plan including the identification of client
financial status and goals, asset allocation, securities trading, managed funds, tax
planning, risk management and insurance, superannuation, estate planning and social
security.
This course focuses on understanding the nature, usage and regulations of financial
products and the process and regulations of providing personal financial advice. The
application, regulatory and advisory focus at the individual investor level differentiates
this course from other investment and portfolio management courses. Prior knowledge
The Course Learning Outcomes are what you should be able to DO by the end of this
course if you participate fully in learning activities and successfully complete the
assessment items.
The Learning Outcomes in this course also help you to achieve some of the overall
Program Learning Goals and Outcomes for all undergraduate students in the ASB.
Program Learning Goals are what we want you to BE or HAVE by the time you
successfully complete your degree (e.g. ‘be an effective team player’). You
demonstrate this by achieving specific Program Learning Outcomes - what you are
able to DO by the end of your degree (e.g. ‘participate collaboratively and responsibly
in teams’).
2. Critical thinking and problem solving: Our graduates will have critical thinking and problem
solving skills applicable to business and management practice or issues.
You should be able to identify, research and analyse complex issues and problems in business and/or
management, and propose appropriate and well-justified solutions.
5. Ethical, social and environmental responsibility: Our graduates will have a sound awareness of
ethical, social, cultural and environmental implications of business issues and practice.
You should be able to:
a. Identify and assess ethical, environmental and/or sustainability considerations in business
decision-making and practice, and
b. Consider social and cultural implications of business and /or management practice.
For more information on the Postgraduate Program Learning Goals and Outcomes,
see Part B of the course outline.
The following table shows how your Course Learning Outcomes relate to the overall
Program Learning Goals and Outcomes, and indicates where these are assessed (they
may also be practised in activities):
Group Project
The project will provide an early opportunity for student engagement with each other to
research, critically evaluate and synthesise on a financial planning issue.
5 ASSESSMENT
In order to pass this course, you must achieve AT LEAST 50% in the FINAL EXAM.
Group Project
The project will provide an early opportunity for student engaging each other to
research, critically evaluate and synthesise on a financial planning issue. The specific
will be provided by late November.
Online Quiz
The online quiz is open book and will cover the first three lectures topics.
A trial quiz will be offered prior to the actual quiz for system testing and revision
purpose.
Requirements
You will be assigned a topic to research and you will need to narrow down to a specific
relevant research question that would ADD VALUE to the online lecture and textbook
materials. Your source materials may be media reports and/or research papers.
You may consult the appropriateness of the research question by submitting a
proposal to the LIC.
The final submission consists of 3 items:
A reference list with an annotated bibliography which briefly summarise each
piece of material (journal article, news, etc) researched.
A Powerpoint presentation file.
A recording of your professional presentation in business attire up to 3 minutes
based on the submitted ppt.
The original video may be done via a webcam or digital camera. Student who chooses
to upload to social media would need to set up an account in YouTube/Gmail/Tudou
etc. Please see the social media’s website for details on how to set up an account.
Students are advised to write the PowerPoint, then prepare the script. Polish them,
check the slides and presentation against the criteria above. Rehearse then record
as many times as you feel needed. Finally upload the video, embedded the URL in
the PowerPoint.
Submissions may be made available to other students in the course to provide
additional qualitative feedbacks.
Research, Written Communication and Oral Communication will each account for
10% of the total marks in this task.
Please visit the course Moodle page for additional tips on communication and
referencing.
Final Exam
Late submission will not be assessed. Anticipate your plans over the next few
months and contact your instructor if you expect issues with submission.
Quality Assurance
The ASB is actively monitoring student learning and quality of the student
experience in all its programs. A random selection of completed assessment tasks
may be used for quality assurance, such as to determine the extent to which
program learning goals are being achieved. The information is required for
accreditation purposes, and aggregated findings will be used to inform changes
aimed at improving the quality of ASB programs. All material used for such
processes will be treated as confidential and will not be related to course grades.
You will be able to obtain the latest course announcements and course materials
via Blackboard. Lecture notes and online lectures will be available for download on
Wed of the teaching weeks. Solution to self-study exercises will be posted after the
teaching week.
Prescribed text:
Taylor, S., R. Juchau, and B. Houterman, 2013, Financial Planning in Australia, 5th
ed., LexisNexis Butterworths.
Reference Materials:
Clitheroe, P., 2009, Making Money: The Keys to Financial Success, New and
Updated, Penguin.
・ ASIC www.asic.gov.au
・ Money money.ninemsn.com.au
・ Centrelink www.centrelink.gov.au
・ Library info.library.unsw.edu.au/sshl/guides/bank/bankkey.html
Each session feedback is sought from students and other stakeholders about the
courses offered in the School and continual improvements are made based on this
feedback. UNSW’s Courses and Teaching Evaluation and Improvement (CATEI)
Process (http://www.lut.unsw.edu.au/ref4-5-1_catei_process.cfm) is one of the ways in
which student evaluative feedback is gathered. Significant changes to courses and
programs within the School are communicated to subsequent cohorts of students.
Please access the CATEI forms via my.unsw.edu.au.
In addition to the end of term CATEI process, you are encourage to contact Dr. Fong
at [email protected] during the term in relation to your experience in the courses
and suggestions of potential changes that could further enhance the course. As a
result of past student suggestions, tutorial assessment has been modified to allow a
higher weighting of the personal financial planning folder to match the effort involved.
8 COURSE SCHEDULE
Lecture notes and online lectures will be post on the Mon of each teaching week.
6 7.1, 7.5, 7.7, 7.8, 8.1, 8.6 8.2, 8.5, 8.8 7.1, 7.2
12.3,12.7-8,17.1,
8 17.1-17.3, 17.7-17.10 17.2
17.4-17.6
12 N/A
FINS5510
PERSONAL FINANCIAL PLANNING AND
MANAGEMENT
Course Outline
Summer, 2013-2014
This is an online course and the only face-to-face assessment
component is the final examination.
The Australian School of Business Program Learning Goals reflect what we want all
students to BE or HAVE by the time they successfully complete their degree,
regardless of their individual majors or specialisations. For example, we want all our
graduates to HAVE a high level of business knowledge, and a sound awareness of
ethical, social, cultural and environmental implications of business. As well, we want all
our graduates to BE effective problem-solvers, communicators and team participants.
These are our overall learning goals for you.
You can demonstrate your achievement of these goals by the specific outcomes you
achieve by the end of your degree (e.g. be able to analyse and research business
problems and propose well-justified solutions). Each course contributes to your
development of two or more program learning goals/outcomes by providing
opportunities for you to practise these skills and to be assessed and receive feedback.
Program Learning Goals for undergraduate and postgraduate students cover the same
key areas (application of business knowledge, critical thinking, communication and
teamwork, ethical, social and environmental responsibility), which are key goals for all
ASB students and essential for success in a globalised world. However, the specific
outcomes reflect different expectations for these levels of study.
We strongly advise you to choose a range of courses which assist your development of
these skills, e.g., courses assessing written and oral communication skills, and to keep
a record of your achievements against the Program Learning Goals as part of your
portfolio.
2. Critical thinking and problem solving: Our graduates will have critical thinking and problem
solving skills applicable to business and management practice or issues.
You should be able to identify, research and analyse complex issues and problems in business and/or
management, and propose appropriate and well-justified solutions.
5. Ethical, social and environmental responsibility: Our graduates will have a sound awareness of
ethical, social, cultural and environmental implications of business issues and practice.
You should be able to:
a. Identify and assess ethical, environmental and/or sustainability considerations in business
decision-making and practice, and
b. Consider social and cultural implications of business and /or management practice.
The University regards plagiarism as a form of academic misconduct, and has very
strict rules regarding plagiarism. For UNSW policies, penalties, and information to help
you avoid plagiarism see: http://www.lc.unsw.edu.au/plagiarism/index.html as well as
the guidelines in the online ELISE and ELISE Plus tutorials for all new UNSW students:
http://info.library.unsw.edu.au/skills/tutorials/InfoSkills/index.htm.
For information on how to acknowledge your sources and reference correctly, see:
http://www.lc.unsw.edu.au/onlib/ref.html
For the ASB Harvard Referencing Guide, see the ASB Referencing and Plagiarism
webpage (ASB >Learning and Teaching>Student services> Referencing and
plagiarism)
Students are expected to be familiar with and adhere to university policies in relation to
class attendance and general conduct and behaviour, including maintaining a safe,
respectful environment; and to understand their obligations in relation to workload,
assessment and keeping informed.
Information and policies on these topics can be found in the ‘A-Z Student Guide’:
https://my.unsw.edu.au/student/atoz/A.html. See, especially, information on
‘Attendance and Absence’, ‘Academic Misconduct’, ‘Assessment Information’,
‘Examinations’, ‘Student Responsibilities’, ‘Workload’ and policies such as
‘Occupational Health and Safety’.
3.1 Workload
It is expected that you will spend at least eleven to twelve hours per week studying
this course over the 13 weeks of teaching. This time should be made up of reading,
research, working on exercises and problems, and attending classes. In periods where
you need to complete assignments or prepare for examinations, the workload may be
greater.
Over-commitment has been a cause of failure for many students. You should take the
required workload into account when planning how to balance study with employment
and other activities.
We strongly encourage you to connect with your Moodle course websites in the first
week of semester. Local and international research indicates that students who engage
early and often with their course website are more likely to pass their course.
3.2 Attendance
Your regular and punctual attendance at lectures and seminars is expected in this
course. University regulations indicate that if students attend less than 80% of
scheduled classes they may be refused final assessment.
You are expected to conduct yourself with consideration and respect for the needs of
your fellow students and teaching staff. Conduct which unduly disrupts or interferes
with a class, such as ringing or talking on mobile phones, is not acceptable and
students may be asked to leave the class. More information on student conduct is
available at: https://my.unsw.edu.au/student/atoz/BehaviourOfStudents.html
UNSW Policy requires each person to work safely and responsibly, in order to avoid
personal injury and to protect the safety of others. For more information, see
http://www.ohs.unsw.edu.au/.
You should take note of all announcements made in lectures, tutorials or on the course
web site. From time to time, the University will send important announcements to your
university e-mail address without providing you with a paper copy. You will be deemed
to have received this information. It is also your responsibility to keep the University
informed of all changes to your contact details.
You must submit all assignments and attend all examinations scheduled for your
course. You should seek assistance early if you suffer illness or misadventure which
affects your course progress.
The University and the ASB provide a wide range of support services for students,
including:
ASB Education Development Unit (EDU)
http://www.asb.unsw.edu.au/learningandteaching Click on ‘Student Services’.
Academic writing, study skills and maths support specifically for ASB students.
Services include workshops, online resources, and individual consultations.
EDU Office: Room GO7, Ground Floor, ASB Building (opposite Student
Centre); Phone: 9385 5584; Email: [email protected]. Visit us on Facebook:
www.facebook.com/educationdevelopmentunit.
ASB Student Centre http://www.asb.unsw.edu.au/requests
Advice and direction on all aspects of admission, enrolment and graduation.
Ground Floor, West Wing, ASB Building; Phone: 9385 3189.
Blackboard eLearning Support: For online help using Blackboard, follow the
links from www.elearning.unsw.edu.au to UNSW Blackboard Support / Support
for Students. For technical support, email: [email protected];
Phone: 9385 1333.
UNSW Learning Centre (www.lc.unsw.edu.au )
Academic skills support services, including workshops and resources, for all
UNSW students. See website for details.
Library training and search support services:
http://info.library.unsw.edu.au/web/services/services.html
IT Service Centre: Technical support for problems logging in to websites,
downloading documents etc. https://www.it.unsw.edu.au/students/index.html
UNSW Library Annexe (Ground floor).
UNSW Counselling and Psychological Services:
(http://www.counselling.unsw.edu.au)
Free, confidential service for problems of a personal or academic nature; and
workshops on study issues such as ‘Coping with Stress’ and ‘Procrastination’.
Office: Level 2, Quadrangle East Wing; Phone: 9385 5418.
Student Equity & Disabilities Unit (http://www.studentequity.unsw.edu.au).
Advice regarding equity and diversity issues, and support for students who
have a disability or disadvantage that interferes with their learning. Office:
Ground Floor, John Goodsell Building; Phone: 9385 4734.