Course Title: Facilitate customer awareness of the Australian financial system and markets
Part A: Course Overview
Program: C4297
Course Title: Facilitate customer awareness of the Australian financial system and markets
Portfolio: BUS
Nominal Hours: 40.0
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.Course Code |
Campus |
Career |
School |
Learning Mode |
Teaching Period(s) |
ACCT5324C |
City Campus |
TAFE |
650T TAFE Business |
Distance / Correspondence or Face-to-Face or Internet |
Term1 2012,
Term1 2013, Term2 2013 |
Course Contact: Michael Elliot
Course Contact Phone: +61 3 9925 5519
Course Contact Email: michael.elliot@rmit.edu.au
Course Description
This unit describes the performance outcomes, skills and knowledge required to develop customer awareness of how the monetary and financial systems and markets operate in Australia, with the aim of enhancing basic consumer financial literacy.
If you are undertaking this course in Melbourne from semester 2, 2012 onwards your teacher will advise you if you require access to a computer for the course. It is recommended that you have access to a mobile computing device to allow greater flexibility in terms of where you can work on campus outside class times.
Pre-requisite Courses and Assumed Knowledge and Capabilities
This course has no pre-requisites but does have a co-requisite. This course will be completed with course FNSINC401A - Apply principles of professional practice to work in the financial services industry.
National Competency Codes and Titles
National Element Code & Title: |
FNSFLT502A Facilitate customer awareness of the Australian financial system and markets |
Elements: |
1. Explain to clients, the function and role of the Reserve Bank of Australia (RBA) |
2. Outline the role of money and Australia's monetary base |
|
3. Outline the main features of the Australian financial markets |
|
4. Provide information to the client about regulation of the financial system |
Learning Outcomes
Overview of Assessment
Assessment may incorporate a variety of methods including written tests, a group assignment and final assessment.
Tests are closed book and consist of multiple choice, practical exercises and short answer questions.
The group assignment requires students to research the role and function of a financial institution or a major contemporary issue relating to the financial system and of concern to consumers.
The final assessment may be included in the group assessment or in some cases may be an individual assignment.
Students are advised that they are likely to be asked to personally demonstrate their assessment work to their teacher to ensure the relevant competency standards are being met. Students will be provided with feedback throughout the course to check their progress.