- Overview
- Learning outcomes
- Program delivery and structure
BP314 - Bachelor of Business (Financial Planning)
Plan: BP314 - Bachelor of Business (Financial Planning)
Campus: City Campus
Program delivery and structure
Approach to learning and assessmentWork integrated learningProgram structureProgram transition planApproach to learning and assessment
Over the duration of your program you will experience a variety of teaching and learning approaches. The approaches used in each course will be appropriate to the learning outcomes they are designed to develop.
The assessment you must complete is designed to provide you with opportunities to demonstrate the extent to which you have developed and achieved specific learning outcomes in a given area. Methods of assessment will also vary with the learning outcomes of the relevant course. The major styles of teaching, learning and assessment you will experience throughout your program will include:
Classroom teaching: May include lectures, guest lectures, panels, tutorials, class presentations, group discussions, student-led discussions, role-plays, etc. This style of learning is designed to maximise your understanding of the curriculum content and develop appropriate skills. It is designed to provide an environment where you can ask questions and seek feedback as well as contribute to class discussion and apply theory to practice.
Problem-based learning: You may work in a team or individually to conduct research, solve problems, analyse and respond to case studies, prepare or respond to briefs, write original research or case study reports, or participate in managing a company in a computer-based business simulation. This technique is designed to simulate the experiences you will encounter working in accountancy.
Flexible delivery: The program will incorporate extensive use of online resources. These may include learning resources such as lecture notes, and assessment and feedback tools such as discussion boards and quizzes.
Assignments and projects: These may be either research or problem based, and may be undertaken in teams or individually. Assignments and projects are designed to develop your abilities in communications, research and reasoning, and provide feedback on your skill development, while also developing you as a life-long learner.
In-class tests: Provide you with feedback on your early understanding within a course and allow feedback to assist you in further developing your skills and abilities.
Formal examinations: Will provide you with the opportunity to demonstrate your understanding and application of marketing and business principles to either practical or theoretical issues.
Academic integrity
The originality verification software Turnitin (see www.turnitin.com), may be used on assessments in your program.
Note you must complete a hardcopy of the RMIT coversheet with your assessment submissions: www.rmit.edu.au/students/student-essentials/forms/assessment-forms.
To support you with issues associated with the honesty and full referencing of external work presented in assignments, please visit the University website for Academic Integrity: www.rmit.edu.au/students/student-essentials/assessment-and-exams/academic-integrity.
Specifically, support resources for yourself as a student to ensure that your submitted assessment accurately represents your work are provided at: www.rmit.edu.au/students/student-essentials/assessment-and-exams/academic-integrity.
If you have a long term medical condition, disability and/or other form of disadvantage it may be possible to negotiate to vary aspects of the learning or assessment methods. You can contact the program coordinator or the Disability Liaison Unit if you would like to find out more.
To view the Assessment Policy go to: www.rmit.edu.au/about/governance-and-management/policies/assessment-policy.
Top of pageWork integrated learning
RMIT University is committed to providing you with an education that strongly links formal learning with workplace experience. As a student enrolled in this RMIT University program you will:
- undertake and be assessed on structured activities that allow you to learn, apply and demonstrate your professional or vocational practice;
- interact with industry and community when undertaking these activities;
- and complete these activities in real or simulated work contexts or situations.
You will undertake three (3) courses which are specifically designed to achieve work integrated learning (WIL) objectives:
ACCT2288 Financial Advisory Practice
This course draws upon a range of disciplines and culminates in the preparation of a Statement of Advice for a client. The practice of financial planning requires understanding of regulation and the application of business management principles and techniques. The first aspect of this course requires the application of these skills in the preparation, presentation, implementation and review of a personal financial plan for a client. The second aspect of the course focuses on financial planning practice management and explores many of the practical issues that will confront you in the financial planning industry. You will also identify and discuss the principal customer service issues associated with the management of a financial planning practice.
This course includes a Work Integrated Learning (WIL) experience in which your knowledge and skills will be applied and assessed in a real or simulated workplace context and where feedback from industry and/or community is integral to your experience. The course also provides you with a capstone experience that will give you the opportunity to critically reflect on and consolidate what you have previously learnt in the program.
ACCT2286 Superannuation and Retirement
In this course you will explore retirement planning with a particular focus on the role of superannuation in Australia. The course will include a comprehensive study of superannuation funds, funding process, benefit structures, regulatory framework, investment decisions, taxation issues and administration requirements. Also included will be a consideration of the different forms of retirement income planning in the economy and issues, which impact on retirees at different stages of their life.
The course is listed on the ASIC Register of Compliant Training as meeting the requirements for superannuation specialist knowledge under Regulatory Guide 146 and is also worth 15 Continuing Professional Development (CPD) points for membership of professional bodies such as the Financial Planning Association.
BAFI1042 Equity Investment and Portfolio Management
In this course, you will explore and analyse the theory, concepts, tools and techniques of investment and portfolio management. At the conclusion of the course, you will be sufficiently competent to apply the theory and practice of finance theories in a work environment, as well as to gain confidence in the application of a range of techniques, and develop a capacity for independent thought and critical analysis, in the areas of investment analysis and portfolio management which will enable you to study finance at a higher level in the future.
This course includes a Work Integrated Learning experience. You will undertake and be assessed on structured activities that allow you to learn, apply and demonstrate your professional or vocational practice; and be involved in authentic engagement with partner organisations that include industry feedback.
Top of pageProgram Structure
| To graduate you must complete the following. All courses listed may not be available each semester. | ||||||||||||||||||||
Please note: If you are seeking Financial Adviser Standards and Ethics Authority (FASEA) compliance, you must complete courses; ACCT1060 Managerial Advisory Finance, and LAW2453 Taxation 1. | ||||||||||||||||||||
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Year One of Program |
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| Semester One: Complete the following Four (4) Courses: | ||||||||||||||||||||
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| Semester Two: Complete the following Four (4) Courses: | ||||||||||||||||||||
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Year Two of Program |
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| Semester One: Complete the following Four (4) Courses: | ||||||||||||||||||||
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| Semester Two: Complete the following One (1) Course: | ||||||||||||||||||||
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| Select and Complete Three (3) Courses from a Business Discipline Minor. | ||||||||||||||||||||
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Year Three of Program |
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| Semester One: Complete the following Two (2) Courses: | ||||||||||||||||||||
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| Option 1: Select and Complete Two (2) Courses from a Business Discipline Minor. | ||||||||||||||||||||
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| Option 2: Complete One (1) Course from a Business Discipline Minor AND One (1) Course from any:: | ||||||||||||||||||||
| University Elective | ||||||||||||||||||||
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| Semester Two: Complete the following One (1) Course: | ||||||||||||||||||||
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| Option 1: Select and Complete Three (3) Courses from a Business Discipline Minor. | ||||||||||||||||||||
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| Option 2: Complete Three (3) Courses from any: | ||||||||||||||||||||
| University Elective | ||||||||||||||||||||
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Program transition plan
The final intake for BP314 Bachelor of Business (Financial Planning) is Semester 1, 2022.
The BP314 Bachelor of Business (Financial Planning) program will be formally discontinued from Semester 2, 2022, and the final intake for admission into the BP314 Bachelor of Business (Financial Planning) program will be Semester 1, 2022. The program will be taught out to current students until Semester 2, 2030. If you anticipate that you will successfully complete this program by the end of 2021, these changes do not apply to you.
The BP314 Bachelor of Business (Financial Planning) is currently accredited by the Financial Adviser Standards and Ethics Authority until 2 April 2025. The College of Business and Law will seek ongoing professional accreditation of BP314 Bachelor of Business (Financial Planning) until the end of the teach out period.
BP343 Bachelor of Business is not currently accredited with any professional body. The College of Business and Law is seeking professional accreditation for the financial planning major within the BP343 Bachelor of Business.
Current students who will not finish the program by the end of 2021 have the option to either:
Option 1 - Remain in your current program
Recommended for students in the second or third year of your current program.
If you remain in your current program, you must complete the program by the end of Semester 2, 2030.
Please refer to the course teach-out schedule for your current program which will be provided to your RMIT student email to help you plan your enrolment.
If you commenced the program before Semester 1 2022, please refer to the following transition rules:
- If you have completed LAW2442 Commercial Law, you do not need to complete LAW2442 Business Law, as this is a course title change only.
- If you have completed BAFI1002 Financial Markets, you do not need to complete BAFI1002 Financial Markets and Institutions, as this is a course title change only.
- If you have completed BAFI1042 Investment, you do not need to complete BAFI1042 Equity Investment and Portfolio Management, as this is a course title change only.
- If you have completed LAW2457 Law of Investments and Financial Markets, you do not need to complete LAW2450 Company and Finance Law, as this is a replacement course only.
Option 2 - Transfer to the BP343 Bachelor of Business or any other available RMIT program
Recommended for students in the first year of your current program.
The equivalent major in the new program to your existing degree is Financial Planning.
Note: entry will be subject to maintaining satisfactory academic progress.
To transfer into the BP343 Bachelor of Business, please refer to the following steps:
Domestic Students
1. Log into myRMIT
2. Under 'Launch Applications', select 'Apply for a Program'
Please also note, in line with government changes, all RMIT program and course fees have increased from 1 January 2021. For a detailed explanation about these changes, please visit the RMIT Fees for Commonwealth supported students page. You are welcome to contact RMIT Student Connect if you have any further queries regarding this change as the fee increase will apply to you if you decide to transfer into the new program.
International Students
Apply to change your program via the online application system. More information on how to apply.
If you are eligible for a transfer, a new offer letter will be issued to you, and you will be required to accept your new offer to finalise your transfer and receive a new CoE for your student visa.
If you have been awarded sponsorship or scholarship, you will be required to obtain a new letter of approval (i.e. Financial Guarantee) from your sponsor before you are eligible to be accepted into the new program, receive a new CoE or enrol.
Information for all students
Credit will be assessed on an individual basis and where possible, credit will be granted with grades (including fail grades). Note: you will not be required to submit any supporting documentation in your application (i.e., transcripts, qualifications).
If you have any queries or concerns about your enrolment, please do not hesitate to contact Business Connect who will be able to assist you in planning your studies.
PROGRAM CHANGE EFFECTIVE FROM SEMESTER 1, 2021
In the second and third year of the program, the program structure has been amended to ensure that students complete a minimum of four (4) courses from a Business Discipline Minor, listed in the Majors and Minors List. The remaining 4 flexible courses within your program structure may comprise of university elective courses, including any courses from the Majors and Minors List.
If you have already completed more than the recommended four (4) university elective courses that are not listed on the Majors and Minors List, please contact Business Connect who will be able to advise you further on your program enrolment.
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