Bachelor of Applied Finance (Financial Planning) OVERVIEW OF SUBJECT REQUIREMENTS

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1 Course Bachelor of Applied Finance (Financial Planning) Course Number HE20521 Location St George OVERVIEW OF SUBJECT REQUIREMENTS Note: This document is intended as a guide only. Enrolling students are issued with the current Subject Guide which outlines current learning and assessment requirements for each subject.

2 Course Structure The structure below is the typical study pattern for a full time student. Availability of electives is determined by the campus. Year 1 - Level 100: Foundation Semester 1 AFFIN101A Principles of Finance and Investment AFFIN104A Foundations of Accounting BUACD101A Academic Foundations BUMGT101A Management Fundamentals Year 2 - Level 200: Capability Development Semester 3 AFPLN201A Insurance Planning for Personal Risk Management AFPLN202A Psychology of Client Engagement BULAW201A Commercial Law I + 1 elective from elective bank Year 3 - Level 300: Synthesis Semester 5 AFPLN302A Professional Practice Learning Environment (II) AFPLN308A Retirement & Superannuation Planning AFPLN309A Investment Analysis & Portfolio Management + 1 elective from elective bank Semester 2 AFFIN102A Principles of Economics and Economic Theory in Practice AFPLN101A Fundamentals of Personal Financial Planning BUMKT101A Marketing Fundamentals BUSTA101A Business Statistics Semester 4 AFREG201A Income Tax Law BUFIN201A Business Finance BULAW202A Commercial Law II + 1 elective from elective bank Semester 6 AFPLN301A Estate Planning & Business Succession Planning AFPLN304A Financial Plan Construction + 2 electives from elective bank Elective Bank AFPLN205A Professional Practice Learning ACACC201A Cost Accounting Environment (PPLE I) ACACC202A Accounting Information Systems AFPLN305A Financial Planning Practice Management ACACC203A Financial Accounting AFPLN306A Advanced Corporate Finance ACETH201A Professional Ethics - Accounting AFPLN307A Applied Portfolio Management AFREG302A Corporate Governance AFREG303A Financial Services Law AFREG304A Applied Income Tax The information on the following pages provides an overview and an indicative assessment schedule for each subject in the course. The Subject Guide distributed to enrolled students will detail full learning and assessment requirements. Version date: 24 Nov 2015 Page 2 of 8

3 Year 1 core subjects AFFIN101A Principles of Finance and Investment 10 N/A 4 hpw This subject provides an introduction to the Australian financial system. Students will examine and evaluate the participants, institutions and instruments in this industry. Regulatory bodies and the prudential supervision of the financial system will be investigated, including international markets and the management of risk within the global environment. Tutorial Exercises 25% Essay 25% Final AFFIN102A Principles of Economics and Economic Theory in Practice 10 N/A 4 hpw In this subject students are introduced to the basics of economics: microeconomics, macroeconomics, competition, market structure and the role of the public sector, social and environmental policies. Students will explore the historical contributors to current theories, and examine some of the more recent impacts on markets and their economic triggers, such as market failure and risk in an increasingly globalised financial system. Quiz 5% Essay 25% Personal Learning Journal 20% AFFIN104A Foundations of Accounting 10 N/A 4 hpw This subject aims to give students a practical framework on which to build their understanding of accounting. It will provide an introductory description of the purpose, practice, and process behind contemporary financial accounting in an Australian context. Class Exam 20% Case Study 30% AFPLN101A Fundamentals of Personal Financial Planning 10 N/A 4 hpw In this subject you will learn about the advisory functions of financial planners including: the role of the financial planner; the participants in the advisory services market; and the range of services provided by financial planners. You will also learn about the Australian legal framework within which financial planners operate and their legal, social and ethical responsibilities. Role Play 25% BUACD101A Academic Foundations 10 N/A 4 hpw Students will develop ethical learning practices and strategies to enhance the effectiveness of their study and performance in various types of assessments to assist them in achieving success across all subjects in the course. Class Participation 15% Individual Research & Presentation 35% Group Report & Presentation 25% Essay 25% BUMGT101A Management Fundamentals 10 N/A 4 hpw This subject provides students with an introduction to management concepts, tools and frameworks which can be used by professionals in their working careers. It commences with a review of the nature of organisations and the role of management in a modern organisation. Quiz 10% Essay 15% Business Report 25% Final Version date: 24 Nov 2015 Page 3 of 8

4 BUMKT101A Marketing Fundamentals 10 N/A 4 hpw This subject provides students with an opportunity to explore basic marketing concepts from a practical perspective. Particular emphasis is given to the development of a holistic approach to marketing and the application of core concepts and frameworks to real life business situations. The aim of the subject is to provide students with the conceptual and practical skills necessary to identify and solve marketing problems and to be able to design and implement a marketing mix to take advantage of opportunities or counter threats in the market place. Quiz 10% Business Report 15% Group Marketing Plan 25% Group Presentation 10% Final Exam 40% BUSTA101A Business Statistics 10 N/A 4 hpw Students will learn about statistics including data selection and how to apply them to data organisation, probability and distributions. Data correlation and regression analysis are undertaken. Students will also learn critical thinking skills and how to apply them to the use and evaluation of statistics. Quiz 20% Assignment/Tutorial Portfolio 30% Final Examination 50% Year 2 core subjects AFPLN201A Insurance Planning for Personal Risk Management 10 AFPLN101A 4 hpw In this subject you will be introduced to the concept of risk as it relates to insurance. You will develop knowledge of how financial advisers have an obligation to educate their clients on these risks, and this subject will provide you with an in depth understanding of the insurance market, insurance products and risk management techniques in order to provide clients with comprehensive and suitable solutions tailored to their goals and objectives. Case Study 40% Role Play 20% Exam 40% AFPLN202A Psychology of Client Engagement 10 N/A 4 hpw In this subject you will learn theoretical and applied facets of relevant psychological concepts applied to the client engagement process in an advisory capacity, focusing on principles from Social Psychology, Counselling Psychology and Coaching Psychology. Students will gain understanding on how thoughts, feelings and behaviours can be influenced by the social environment, through personal and social interaction. Students will develop skills to establish effective working alliances, interaction and client management skills in the working relationship. Report 25% Role Play 30% Exam 45% AFREG201A Income Tax Law 10 N/A 4 hpw Students completing this subject will gain an understanding of the taxation system in its legal, economic, social and political contexts and will be introduced to the structure and sources of taxation law with a focus on tax legislation, ATO rulings and determinations, and emphasis on the importance of case law as a key source of income tax law. Students will also perform basic tax returns and calculations Case Study 20% Class Exam 20% Exam 60% Version date: 24 Nov 2015 Page 4 of 8

5 BUFIN201A Business Finance 10 N/A 4 hpw This subject aims to introduce the student to the fundamental concepts of business finance in the context of the Australian institutional environment. This is an introductory subject in finance covering concepts of financial theory and the tools used to aid financial decisions. The purpose of the subject is to develop an understanding of the role of the financial manager within a firm and the basic financial management practices in the context of the three major decisions of investing, financing and dividend payout. Portfolio 10% Mid-Semester Exam 20% Group Assignment & Presentation 20% Final BULAW201A Commercial Law I 10 N/A 4 hpw In this subject students learn about the primary features of the Australian Legal System including the role of statute law and judge made law and understand their interaction. Students also learn to differentiate between various legal concepts and legal relationships central to their role as an accountant in particular law of contracts; consumer protection and competition law; and various recognised business entities and relationships such as partnerships, registered companies and trusts including approved superannuation funds. Quiz 5% Research Report & Presentation 15% Case Study/Report 30% Final BULAW202A Commercial Law II 10 BULAW201A 4 hpw The subject will introduce students to a range of legal concepts including modern property law both real and personal, intellectual property law, law of personal insolvency and the concept of a tort including the range of tortious conduct, and liability and remedies in the world of business with particular reference to negligence, negligent misstatement, trade secrets, confidential information; good reputation, privacy and the impact of statutory regulation on these torts. Quiz 5% Research Report & Presentation 15% Extended Case Study/Report 30% Final Year 3 core subjects AFPLN301A Estate Planning & Business Succession Planning 10 N/A 4 hpw In this subject students will learn about estate planning concepts and services, such as wills, powers of attorney and trusts. Estate administration duties and responsibilities, including tax implications and other technical issues will be covered. Students will also be able to look at a number of methods for succession planning for both family businesses and corporate business models, including the identification of asset protection situations, family provisions, and the tax implications on death. Practice Essays 25% AFPLN302A Professional Practice Learning Environment (II) 10 N/A 4 hpw In this subject students will be placed in a work environment to further develop their analytical and interpersonal skills as well as enhance their professional awareness and general work readiness. Placement Plan 10% Reflective Portfolio 40% Reflective Assignment 50% Version date: 24 Nov 2015 Page 5 of 8

6 AFPLN304A Financial Plan Construction 10 N/A 4 hpw This subject will provide students with a strategic approach to apply all steps in the financial planning process required and correlate this with the comprehensive knowledge and skills gained in years one and two of the program. Students will learn how to prepare of a detailed Statement of Advice (SOA) incorporating all advanced aspects of financial advice, covering strategies for wealth, retirement and estate planning, taxation consequences and risk analysis. The subject will also integrate the application of codes of conduct and ethics and industry standards in the financial plan construction process. Case Study 20% Case Study 30% Role Play 30% Role Play 20% AFPLN308A Retirement & Superannuation Planning 10 AFPLN101A 4 hpw This subject introduces students to the Australian retirement planning process and Superannuation sector. Students will examine the Superannuation Industry Supervision Act (SIS), look at the history of superannuation and why retirement funding is a core strategy for all working Australians. Taxation will be examined including effects on superannuation funds, contributions, and Self Managed Super Funds (SMSF). Students will also be introduced to aged care and respite planning fundamentals. Case Study 40% Role Play 20% Exam 40% AFPLN309A Investment Analysis & Portfolio Management 10 N/A 4 hpw In this subject students will be introduced to the basic concepts and theories fundamental to the management of investments. Of paramount concern to clients is the performance of investments, and accordingly this subject provides in depth knowledge to students of how investments and their selection relate to all aspects of financial planning. The objective of this subject is for students to understand the theory and empirical evidence relevant to asset selection and portfolio management. Students will develop skills to conduct investment related research, think critically and effectively. Mid semester exam 20% Case Study & presentation 30% Elective bank AFPLN205A Professional Practice Learning Environment (PPLE I) 10 N/A 4 hpw This subject is designed to facilitate the development of key employability skills such as building professional awareness, communication skills and creating reflective practice. Reflective Portfolio 40% Career Plan 30% Presentation 30% AFPLN305A Financial Planning Practice Management 10 AFPLN302A 4 hpw This subject provides students with a focus on practice management in the advisory services segment. It is intended to introduce students to the financial planning work environment and the functions of a working business and professional practice. The key goals of this subject include learning the different business models used for delivering financial planning services, the laws and regulations that planners adhere to, developing a business plan, internal control methods, and use of technology including systems design, business networking and business succession planning. Class Case Study 20% Case Study and Presentation 30% Version date: 24 Nov 2015 Page 6 of 8

7 AFPLN306A Advanced Corporate Finance 10 BUFIN201A 4 hpw Students will enhance their investment appraisal skills by incorporating risk in investment evaluation decisions, considering real options and adjusting the cost of capital for differences in leverage and industry. AFPLN307A Applied Portfolio Management 10 N/A 4 hpw In this subject students will build upon the knowledge gained in the investment and portfolio management subject. The subject will introduce students to alternative asset classes, asset allocation, and construction of a multi asset portfolio. Students will explore advanced investment theories; investigate contemporary debates in modern investment management and related empirical evidence. Case Study 30% Presentation 20% AFREG302A Corporate Governance 10 N/A 4 hpw This subject builds on prior study of business and organisations law and provides students with an introduction to the concept of corporate governance processes and requirements. It provides an overview of corporate governance in Australia and overseas with a focus primarily on public companies listed on a securities exchange. Students will examine international governance initiatives in addition to analysing the law, policy and regulation involved in the governance of Australian corporations. Students will consider the duties and responsibilities of directors, officers and employees of corporations, and will examine the reasons for good governance and the processes to achieve a robust governance model for business. Essay 30% Case Study 30% Exam 40% AFREG303A Financial Services Law 10 N/A 4 hpw In this subject there is a focus on legal, regulatory and contractual obligations of financial services providers, in particular, financial advisers. Students will critically analyse complex problems requiring the application of knowledge and legal principles in a variety of commercial contexts and demonstrate research and problem solving ability. Essay 25% AFREG304A Applied Income Tax 10 AFREG201A 4 hpw In this subject students will gain an understanding of the different taxation aspects of income relating to investment and business entities, partners and partnerships, trusts and beneficiaries, companies and shareholders/associates as well as superannuation funds. Students will study the taxation of retirement and termination benefits. The subject will investigate alternative taxation strategies for retirement planning including leverage, salary sacrifice and tax concessions for small business and residential property. ACACC201A Cost Accounting 10 AFFIN104A 4 hpw This subject introduces students to management accounting techniques and applications, with a strong focus on the decision-making that is underpinned by the techniques and calculations. The role of contemporary management accountants as business partners providing critical support to decision makers within the organisation is emphasised. Portfolio 20% Mid-Semester Exam 20% Spreadsheet Assignment 10% Final Version date: 24 Nov 2015 Page 7 of 8

8 ACACC202A Accounting Information Systems 10 AFFIN104A 4 hpw This subject offers a uniquely Australian perspective on the business processes that are central to many organisations both large and small. Students are introduced to the accounting information systems that are critical to businesses, and the crucial role they play in terms of data, reporting, decisions, controls and operations. Topics covered include internal controls, business processes, systems development, systems audits and database structures. Tutorial Participation 10% Essay 15% Project 25% Final ACACC203A Financial Accounting 10 AFFIN104A 4 hpw The aims of this subject is to develop the students understanding of current issues in the field of corporate financial reporting, formulate skills via the application of Australian Accounting Standards and to gain insight into importance of reliable financial reports. Tutorial Participation 10% Mid-Semester Exam 20% Group Assignment 20% Final ACETH201A Professional Ethics - Accounting 10 N/A 4 hpw This subject builds on the introduction to ethics incorporated in Academic Foundations, with a focus on ethics in professional practice and corporate social responsibility. Students will be introduced to ethical dimensions and be encouraged to use these as the foundation for investigating business activities in the domestic and international environment. Students will examine the roles and functions of regulatory authorities, codes of conduct and ethics and professional standards. Individual Workplace Case Study 30% Group Assignment and Presentation 50% Personal Learning Journal 20% Version date: 24 Nov 2015 Page 8 of 8