Subject details

At the completion of this subject students will be able to:

  1. understand the meaning of financial management and establish a model on which a personal plan can be built
  2. appreciate the interdependence of various aspects within financial planning
  3. appreciate the various economic, political and regulatory factors influencing the financial planning environment
  4. analyse and measure the risk and return of investments
  5. understand concepts associated with portfolio theory
  6. explain the features of various forms of investment available to individuals and outline their advantages and disadvantages
  7. suggest the appropriateness of each investment type for particular investor needs
  8. outline the role of insurance in personal financial management
  9. understand and perform simple financial need analysis
  10. appreciate the effects of taxation and social security on financial planning and calculate taxation liability and social security entitlements
  11. explain the nature and purpose of pension schemes and retirement incomes policy
  12. outline the role of estate planning within the financial planning process
  13. develop and be able to critically evaluate a financial plan for an individual.

  • Topics

    • Introduction to financial planning environment in Australia
    • Analysing the risk and return of investments
    • Taxation 1
    • Taxation 2
    • The investment planning process
    • Direct investments
    • Indirect investments
    • Analysis of investments
    • Risk management and insurance
    • Superannuation and retirement planning
    • Social security
    • Estate planning

  • Study resources

    • Instructional Methods

      • Disscusion forum/Discussion Board

    • Online Materials

      • Resources and Links
      • Printable format materials
      • Online Assessment
      • FAQs
      • Quizzes

Entry Requirements

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

  • GRF-AFE134
  • GRF-IBA134

Special requirements

No special requirements

Gain an introduction to the workings of the financial planning and wealth management industry, with special emphasis placed on the development of a financial plan or strategy for an individual. You will cover the following topics: introduction to the financial planning environment in Australia; analysing the risk and return of investments; taxation; the investment planning process; direct investments; indirect investments; analysis of investments; risk management and insurance; superannuation and retirement planning; social security; and estate planning.

You will need access to a non-programmable, financial calculator or a calculator with a 'to the power of' function.

  • Test (30%)
  • Participation (20%)
  • Invigilated Exam (50%)

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 subject.

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Related Degrees

undergraduate SWI-BUS-DEG-2018

Bachelor of Business
13 available majors
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  • Bachelor of Business Core Subjects
  • Major in Advertising (this Major is currently in teach-out)
  • Major in Economics
  • Major in Finance
  • Major in Information Systems
  • Major in Marketing
  • Co-Major in Advertising (this Co-Major is currently in teach-out)
  • Co-Major in Economics (for Finance students)
  • Co-Major in Economics (not for Finance students)
  • Co-Major in Finance (cannot be taken with the Finance or Economics Major)
  • Co-Major in Finance (for Economics students)
  • Co-Major in Information Systems
  • Co-Major in Marketing (cannot be taken with the Marketing Major)