Course Title: Apply principles of professional practice to work in the financial services industry

Part A: Course Overview

Program: C5317

Course Title: Apply principles of professional practice to work in the financial services industry

Portfolio: BUS

Nominal Hours: 30.0

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)
EMPL5892C	City Campus	TAFE	650T TAFE Business	Distance / Correspondence or Face-to-Face or Internet or Workplace
EMPL5973C	Bundoora Campus	TAFE	650T TAFE Business	Distance / Correspondence or Face-to-Face or Internet or Workplace

Course Contact: Michael Elliot

Course Contact Phone: +61 3 9925 5199

Course Contact Email: michael.elliot@rmit.edu.au

Course Description

This course guides you though the application of professional practice principles to Financial Services.

It’s focus is on defining the use of guidelines, practices, procedures and legislation as they apply to the managing of client information.

In ordetr to meet these requriements it deals with facilitating and organising activities, resources and time at a personal competency level.
 

Pre-requisite Courses and Assumed Knowledge and Capabilities

There are no pre-requisites to this course but it is co-delivered with:

FNSFPL501A Comply w financial planning practice ethical & operational guidelines & regulations
FNSFPL506A Determine client requirements and expectations
BSBITU402A Develop and use complex spreadsheets
FNSCUS505A Determine client requirements and expectations
FNSCUS506A Record and implement client instructions
 

National Competency Codes and Titles

National Element Code & Title:	FNSINC401A Apply principles of professional practice to work in the financial services industry
Elements:	Develop and maintain personal competency
	Identify and apply financial services industry guidelines, procedures and legislation
	Identify the scope, sectors and responsibilities of the industry
	Manage information
	Participate in and facilitate work team activities
	Plan work to be completed taking into consideratin time, resources and other constraints
	identify sustainability issues for the financial services industry

Learning Outcomes

In this unit you will develop skills and knowledge in managing performance outcomes, be able to identifying an industry professional approach to procedures, guidelines, policies and standards, including ethical requirements and be able to model and meet expectations of these aspects of work in the financial services arena.

Overview of Assessment

Assessment may incorporate a variety of methods including written tests, 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.

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.

In order to be deemed competent in this course a student must pass each of the assessments of the course.