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 |
Campus |
Career |
School |
Learning Mode |
Teaching Period(s) |
BAFI5143C |
City Campus |
TAFE |
650T TAFE Business |
Face-to-Face |
Term2 2008,
Term1 2009, Term2 2009, Term1 2012 |
Course Contact: Michael Elliot
Course Contact Phone: 61 3 9925 5519
Course Contact Email: michael.elliot@rmit.edu.au
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
NONE
National Competency Codes and Titles
National Element Code & Title: |
FNSINSV505B Determine risk rating for investment and insurance products |
Elements: |
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.