Course Title: Collect, assess and use information
Part B: Course Detail
Teaching Period: Term2 2008
Course Code: ACCT5236C
Course Title: Collect, assess and use information
School: 650T TAFE Business
Campus: City Campus
Program: C4210 - Certificate IV in Financial Services
Course Contact : Clem Simonetto
Course Contact Phone: +61 3 9925 5426
Course Contact Email:clem.simonetto@rmit.edu.au
Name and Contact Details of All Other Relevant Staff
Jan Kopec
- 61 3 9925 5464
- jan.kopec@rmit,edu.au
Nominal Hours: 10
Regardless of the mode of delivery, represent a guide to the relative teaching time and student effort required to successfully achieve a particular competency/module. This may include not only scheduled classes or workplace visits but also the amount of effort required to undertake, evaluate and complete all assessment requirements, including any non-classroom activities.
Pre-requisites and Co-requisites
None
Course Description
Collect, assess and use information covers the skills needed for obtaining information and presenting it in an appropriate format.
This unit is delivered and assessed in conjunction with:
FNSICCUS401B Deliver a professional service to customers which covers the knowledge and skills needed for understanding, clarifying, and meeting the customers needs and expectations and those functions associated with the provision of quality and professional service to customers;
and FNSICCUS402B Maintain customer relationship which covers the skills needed to maintain an ongoing relationship with customers and retain the business.
National Codes, Titles, Elements and Performance Criteria
National Element Code & Title: |
FNSICGEN403B Collect, assess and use information |
Element: |
FNSICGEN403B/01 Clarify the requirements for the information |
Performance Criteria: |
1.Scope and purpose for which the information is required are clarified. |
Element: |
FNSICGEN403B/02 Collect and organise the information |
Performance Criteria: |
1.Identify sources of information. |
Element: |
FNSICGEN403B/03 Analyse and draw conclusions, if necessary |
Performance Criteria: |
1.Information/data is interpreted and analysed. |
Element: |
FNSICGEN403B/04 Present information in an appropriate format |
Performance Criteria: |
1.Information is presented in an appropriate format. |
Learning Outcomes
Details of Learning Activities
Simulated workplace activities, assignments, working in groups, completion of reports and analysis of written work (articles and reports).
Note taking in class, assessing course materials on the learning hub and completion of class questions and exercises.
Teaching Schedule
Week | Topics | Assessment |
Week 1 | Define what constitutes a “bank”, “financial institution”, “customer” and “banking business”. | |
Week 2 | Investigate the legal implications of various types of customer accounts. | |
Week 3 | Duties and obligations of a banker and a customer arising from the banker/customer relationship. | |
Week 4 | Major principles governing bank/finance lending decisions. | |
Week 5 | Assess the principles and practices of valuing the security support for bank/finance loan. | |
Week 6 | Assess the principles and practices of valuing the security support for bank/finance loan. | |
Week 7 | Individual asignment - Case study exercise | Individual assignment - Case study exercise |
Week 8 | Detail the characteristics of personal lending and other customer facilities. |
|
Week 9 | Concepts of General Insurance, The Importance of Insurance to Individuals, Life ‘vs’ General Insurance, General Insurance Contracts. | |
Week 10 | Insurance Contracts, Utmost Good Faith, Duty of Disclosure, Prescribed contracts, Cancellations and Renewals. |
|
Week 11 | The General Insurance Industry in Australia, Insurance Companies, Insurance Brokers and Agents, Regulatory Authorities. | |
Week 12 | Insurance Products, Sum Insured, Excesses. | |
Week 13 |
Product Types and Extensions. | |
Week 14 | Taxes & Levies, Stamp Duty, Fine Service Levy (FSL), Goods and Services Tax (GST). | |
Week 15 | Group assignment | |
Week 16 | Group assignment | Group assignment |
Week 17 | Feedback on assessment |
Learning Resources
Prescribed Texts
References
Other Resources
Prescribed Text/References
Students are required to access the RMIT Learning Hub.
Recommended Texts
Weaver, P.M. Banking and Lending Practice Serendip Publications
Overview of Assessment
Assessment tasks will include the following:
1. Class test that requires you to use financial information and prepare basic financial reports.
2. An individual assignment that requires you to assess a customer or customers’ financial needs prior to providing the customer with a service based on a financial product commonly delivered by a bank or financial organization.
Students are advised that they are likely to be asked to personally demonstrate their assessment work to their teacher to ensure that the relevant competency standards are being met. Students will be provided with feedback throughout the course to check their progress.
Assessment Tasks
Assessment Tasks
· A case study exercise requiring students to assess a customer or customers’ financial needs prior to providing the customer with a services based on a financial product commonly delivered by a bank or a financial organization. This will comprise 50% of the assessment for the course.
· A written test, closed book, will comprise: multiple choice, written and problem solving questions. This will comprise 50% of the assessment for the course
Students are assessed against all the performance elements of the course and must demonstrate an understanding of all elements to be deemed competent. To receive a pass for this course a student must also achieve 50% overall.
This unit is co-delivered and co-assessed with MKTG5749C Deliver a professional service to customers and MKTG5750C Mainatin customer relationship
Assessment Matrix
Individual assignment | Group assignment |
|
FNSICGEN403B/01 Clarify the requirements for the information | yes | yes |
FNSICGEN403B/02 Collect and organise the information | yes | yes |
FNSICGEN403B/03 Analyse and draw conclusions, if necessary | yes | yes |
FNSICGEN403B/04 Present information in an appropriate format | yes | yes |
Other Information
This unit is co-delivered and co-assessed with MKTG5749C Deliver a professinal service to customers and MKTG5750C Maintain customer relationship
Course Overview: Access Course Overview