Financial Planning Skills

Study method

100% online

Available loans

FEE-HELP

Assessments

Subjects may require attendance

Prior study

Not required

Australia’s fourth oldest university, the University of Tasmania, is highly regarded internationally for teaching and academic excellence. The university offers more than 100 undergraduate degrees and more than 50 postgraduate programs across a range of disciplines. The university offers students a diverse range of opportunities, the chance to learn from leading experts, and excellent preparation for their future careers.

QS RANKING 2020

Times Higher Education Ranking 2020

2020

Subject details

What you'll learn

Upon successful completion of this subject, students should be able to:

Employ and apply theoretical knowledge of the psychology of client engagement in the financial services context
Appraise individual behavioural patterns as applied across different societal and demographic factors
Communicate effectively both verbally and non-verbally and engage positively in dealings with clients and peers
Employ sound judgment when engaging in ethical practice and displaying professional standards
Construct and present a compliant comprehensive statement of advice

Topics covered

- Building rapport
- Advisers legal requirements
- Establish the client relationship
- Gathering data
- Identify client objectives and financial position
- Analyse client objectives
- Research methodologies
- Develop strategies
- Present strategies
- Implement strategies
- Ongoing advice

Entry requirements

In order to enrol in this subject, you must be accepted into one of the following degrees:

Special requirements

No special requirements

Description

The purpose of this subject is to provide you with guidelines on how to communicate effectively with your clients and to ensure that you have the appropriate information from them to provide them with the best possible advice. This subject has been designed to provide you with suggested questions and formats for compliance to the current legislative requirements of “knowing your client” before you provide them with a detailed financial plan or statement of advice.

The object of this subject, therefore, is to assist you to gain the skills necessary to establish a harmonious rapport with your clients that will, in turn, build a lasting relationship.

Assessments

Online test (6%)
Invigilated exam (60%)
Individual journal (6%)
Individual written assessment (28%)

Textbooks