Wealth Creation and Estate Planning - 2017

Unit summary


  • Level of Study: Undergraduate Level 3
  • Study load: 0.125 EFTSL
  • Delivery method: Fully Online
  • Prerequisites: Yes
  • Duration: 13 weeks
  • Government loans available: FEE-HELP, HECS-HELP
  • Availability for 2017: SP2 , SP4
  • Availability for 2018: SP2 , SP4
  • Assessment: Assignment (50%) , Invigilated Exam (40%) - Learn more

Unit provided by

2017 Fees
Domestic 1,324.00
HECS 1,324.00
International 1,574.00

Please note: This unit was previously known as Wealth Creation and Protection.

Build your knowledge of wealth creation for individual investors and estate planning within the financial planning process. You will learn the merits of retail investors investing in direct investments, managed investments and investment platforms. You will be able to assess an individual's risk profile and use this information to make informed recommendations for wealth creation, including the suitability of leveraged investment. Your knowledge will enable you to analyse client situations and to recommend appropriate wealth creation strategies. You will learn how to build, administer and review investment portfolios for retail clients. You will also learn about estate planning issues, the administration of deceased estates and the uses and applications of Powers of Attorney, in the context of identifying estate planning issues as part of the financial planning process.

At the completion of this unit you will be able to:

  1. demonstrate an understanding of how investment and portfolio construction is applied to retail investors
  2. demonstrate an understanding of the income and growth characteristics and risk and return characteristics of different investment asset classes
  3. identify and discuss the merits of retail investors investing in direct investments, managed investments and investment platforms
  4. assess a client's risk profile and use this information to recommend appropriate asset allocations and to construct portfolios for retail clients
  5. demonstrate an understanding of the benefits and dangers of gearing as a wealth creation strategy
  6. understand how to administer and review portfolios for retail clients
  7. demonstrate a knowledge of estate planning issues and administration of deceased estates
  8. understand the uses and applications of Powers of Attorney and the parties involved.
  • Assignment (50%)
  • Invigilated Exam (40%)
  • Test (10%)
For more information on invigilated exams see Exams and results

Recommended prerequisites

You are recommended to have completed the following unit(s) or have equivalent knowledge before starting this unit:

  • Additional materials

This unit addresses the following topics.

1Investing for individuals
2Investment assets
3Managed investments
5Asset allocation for individual investors
6Portfolio strategies
7Estate planning and administration of estates
8Administering individual portfolios

This unit is delivered using the following methods and materials:

Online materials

  • Printable format materials

This unit is a core requirement in the following courses:

This unit may be eligible for credit towards other courses:

  1. Many undergraduate courses on offer through OUA include 'open elective' where any OUA unit can be credited to the course. You need to check the Award Requirements on the course page for the number of allowed open electives and any level limitations.
  2. In other cases, the content of this unit might be relevant to a course on offer through OUA or elsewhere. In order to receive credit for this unit in the course you will need to supply the provider institution with a copy of the Unit Profile in the approved format, which you can download here. Note that the Unit Profile is set at the start of the year, and if textbooks change this may not match the Co-Op textbook list.

Textbooks are subject to change within the academic year. Students are advised to purchase their books no earlier than one to two months before the start of a unit.

Click on the titles of the listed books below to find out more:

Required textbooks

  • Financial Planning


    ISBN: 9781118644836


    Supplier:Go to The Co-op Bookshop

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