Course Title: Determine risk rating for investment and insurance products

Part A: Course Overview

Program: C5205

Course Title: Determine risk rating for investment and insurance products

Portfolio: BUS

Nominal Hours: 50.0

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




Learning Mode

Teaching Period(s)


City Campus


650T TAFE Business


Term2 2008,
Term1 2009,
Term2 2009,
Term1 2012

Course Contact: Michael Elliot

Course Contact Phone: 61 3 9925 5519

Course Contact Email:

Course Description

This unit covers the functions involved in monitoring and analysing risks and determining the risk rating associated with an existing or new investment or insurance product.
It covers in-depth knowledge of the Life Insurance industry, including industry regulations and codes of practice, insurance and other financial products, financial markets and investment characteristics.

Pre-requisite Courses and Assumed Knowledge and Capabilities


National Competency Codes and Titles

National Element Code & Title:

FNSINSV505B Determine risk rating for investment and insurance products


1. Monitor and collect information on risk factors

2. Analyse data collected

3. Determine risk rating for product

4. Communicate results to appropriate personnel

Learning Outcomes

Overview of Assessment

Assessment will incorporate a variety of methods including a collaborative research projects, presentations, closed book tests and/or examination.
Tests will comprise multiple-choice, case studies and short answer questions. It will assess underpinning knowledge and skills and the performance criteria of the unit.

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.