Course Title: Financial Advisory Practice

Part A: Course Overview

Course Title: Financial Advisory Practice

Credit Points: 12.00

Terms

Course Code	Campus	Career	School	Learning Mode	Teaching Period(s)
ACCT2264	Open Learning Australia	Non Award	615H Accounting	Distance / Correspondence	OUASP2UG19, OUASP4UG19, OUASP2UG20, OUASP4UG20, OUASP2UG21, OUASP4UG21
ACCT2264	Open Learning Australia	Non Award	665H Accounting, Information Systems and Supply Chain	Distance / Correspondence	OUASP2UG22, OUASP4UG22
ACCT2288	City Campus	Undergraduate	615H Accounting	Face-to-Face	Sem 2 2017, Sem 1 2018, Sem 2 2018, Sem 1 2019, Sem 2 2019, Sem 1 2020, Sem 2 2020, Sem 1 2021
ACCT2288	City Campus	Undergraduate	665H Accounting, Information Systems and Supply Chain	Face-to-Face	Sem 1 2022, Sem 2 2022, Sem 1 2023, Sem 2 2023, Sem 1 2024, Sem 2 2024

Flexible Terms

Course Code	Campus	Career	School	Learning Mode	Teaching Period(s)
ACCT2295	OUA CSP	Undergraduate	615H Accounting	Internet	OUACSP2019 (All)

Course Coordinator: Orhan Azizoglu

Course Coordinator Phone: +61 3 9925 7644

Course Coordinator Email: orhan.azizoglu@rmit.edu.au

Course Coordinator Location: Melbourne City Campus

Pre-requisite Courses and Assumed Knowledge and Capabilities

 None

Course Description

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.

Objectives/Learning Outcomes/Capability Development

.

On successful completion of this course you will be able to:

1. Prepare a range of financial planning strategies based on clients’ objectives, needs and risk profile.

2. Critically Review clients’ financial goals and objectives using a variety of data collection and interview techniques.

3. Critically examine ethical and conflict of interest issues in the provision of financial services to consumers.

4. Construct a compliant and effective Statement of Advice (SoA).

5. Implement and review a financial plan and use software skills to engage with clients.

6. Integrate appropriate financial planning strategies with clients’ financial aims and professional ethical requirements to design a contextualised client strategy and recommendations

Overview of Learning Activities

Your learning will be supported through various activities which may include quizzes; assignments; prescribed readings; sourcing, researching and analysing specific information; solving problems; debating selected topics on discussion forums and producing written work.

Overview of Learning Resources

Various learning resources are available online through MyRMIT Studies\Canvas. These may include topic notes and slides, study schedule, assessment details, links to relevant internet information, readings, and communication tools.

Resources are also available online through RMIT Library databases and other facilities. Visit the RMIT library website for further details. Assistance is available online via our chat and email services, face to face at our campus libraries or via the telephone on (03) 9925 2020.

Additional resources to assist your learning will be made available to you as required during the teaching period.

Overview of Assessment

The assessment tasks, their weighting and the course learning outcomes to which they are aligned are as follows:

Assessment Task 1: 10% Linked CLOs: 1, 2, 3

Assessment Task 2: 50% Linked CLOs: 1, 2, 3, 4, 5, 6

Assessment Task 3: 40% Linked CLOs: 1,2, 3, 4, 5, 6