Bachelor of Business in Financial Planning
Subjects on offer
Subject descriptions
ACG11 Accounting Decisions and Accountability
Gain an introduction to professional accounting. You will cover the following topics: Decision-making and accountability; Rationales for accounting; Ethics involved in accounting practice; The accounting process; Recording accounting data and preparing financial statements; Accounting for inventory and preparing cash flow statements; Analysing financial statements; Management accounting; Planning, budgeting and control and Quantitative methods for decision-making.
Back to the top ▲ACG12 Financial Accounting 1
Build your understanding of the foundational framework of financial accounting - in the context of the corporate entity. Your study will provide you with an integrated exposure to fundamental accounting systems and the accounting cycle. You are introduced to the institutional and ethical environments that corporate accounting operates within. The unit also provides exposure to the theoretical and conceptual issues surrounding the practice of financial accounting.
Back to the top ▲BLW14 Legal Framework
Gain an overview of the Australian legal system, concentrating on those areas most applicable to business people. The particular objectives of the unit are to provide a broad outline of Australian law and its purpose, to describe the legislative, administrative and judicial branches of government and to provide an appreciation of some of the legal rules and principles applying to business. The unit provides an opportunity to improve and develop key business skills. You will need a high level of proficiency in the English language, both written and spoken.
Back to the top ▲BMS11 Business Mathematics and Statistics
Learn valuable skills in collating and analysing quantative data. You will develop basic quantitative skills that will support both your further studies and your career in business. Through this unit you will study: Introduction to spreadsheets; Descriptive statistics; Probability; Probability distributions; Estimation; Hypothesis testing; Regression and correlation; Time series and Index numbers.
Back to the top ▲ECO11 Economic Principles
Gain an overview of the concepts and language of economics. Through your study, you will consider the allocation of resources across individuals, companies and the market place. You will also develop an understanding of current events as reported in the media. Topics covered include: What is microeconomics; Markets and how they work; Elasticity; Competition; Monopolies and Market failure. It is highly recommended that you read The Economist, the Australian Financial Review, or The Australian on a regular basis.
Back to the top ▲ECO12 Macroeconomics 1
Increase your ability to tackle problems and communicate solutions in the language of
economics, particularly in macroeconomics. You will cover the concepts of macroeconomics including: Inflation; Unemployment; Balance of payments; Growth; The role of government in economic management; Inflation; Cycles; Macroeconomic policy; and Australia in a global context.
Back to the top ▲FNP11 Introduction to Financial Planning
Gain an introduction to personal financial planning, 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.
Back to the top ▲FNP12 Financial Markets
Learn about the nature and role of the main financial markets within the domestic and global environment. Through your studies you will gain an overview of the financial system and its various financial markets, instruments and institutions. Within this framework, the unit is introductory and practically-based and provides you with the
necessary background to study more advanced units of an analytical nature.
Back to the top ▲MAR11 Marketing Theory and Practice
Embark on an introduction to marketing theory and practice. Consumers serve as the most important resource for most firms. This unit explains the marketing process, outlining how a firm should go about achieving its goals by determining and satisfying the needs of its customers. This unit is relevant to a wide range of academic disciplines as everyone is subject to marketing activities. In fact, many regard marketing as the most important function any business can undertake.
Back to the top ▲COM13 Organisational Behaviour and Communication
Embark on a theoretical and practical investigation of organisational behaviour and communication. This unit explores the theoretical foundations of business organisations and communications. It will enable you to develop a wide range of interview techniques and improve organisational and team building skills. You will gain a strong understanding of the theoretical and practical approach to building an organisation.
Back to the top ▲BAN23 Introduction to Finance
Develop an understanding of basic finance concepts, including the process and people involved in making financial decisions within an organisation. This unit includes a discussion of project selection and evaluation and how a firm's managers choose various financial assets available to finance the acquisition of project assets. The unit covers basic financial mathematics essential to an understanding of financial decision-making. You will also examine capital markets including the stock market, how financial assets are valued, the role of financial institutions and how to read and analyse published accounts.
Back to the top ▲BLW22 Taxation
Gain a detailed understanding of Australia's Income Tax Assessment Act, its associated acts and regulations and their application to the preparation of income tax returns. The unit is divided into the following topics: Income; Deductions; Capital gains; Uniform capital allowances; Partnerships and Trusts and companies. You will need a high level of proficiency in the English language, both written and spoken. You are not allowed to take dictionaries into the examinations.
Back to the top ▲FNP21 Superannuation and Retirement Planning
Build your understanding of a range of superannuation and retirement planning issues. You will cover: The superannuation system; Regulatory institutions; Superannuation funds; Role of trustees; Investment performance of funds; Contributions and withdrawals; Complaints procedures; Future changes to superannuation; Superannuation in other countries; Retirement products, pensions and annuities; and Investment strategies for retirees.
Back to the top ▲FNP22 Law of Investments and Financial Markets
Understand the law pertaining to the liability and regulation of financial planners and investment advisers, regulation of the capital markets of Australia and duties in relation to non-public investments. You will address common law duties, the liabilities of market participants, statutory duties and liabilities of financial advisers, plus chapters 5c, 6d and 7 of the Corporations Act, the ASIC Act and the enforcement and disciplinary powers of regulatory authorities.
Back to the top ▲FNP23 Insurance and Social Security
Examine insurance and social security with an emphasis on personal financial planning. You will learn about different types of risk and strategies for handling risk, the nature of insurance and the legal framework within which insurance companies and
advisers operate. Attention is also placed on the way insurance is marketed and sold and the role of advisers in insurance planning and the financial planning process. Social insurance and strategies for maximising Centrelink benefits and payments are also investigated. You will have opportunities to develop strategies for property and personal risk.
Back to the top ▲FNP31 Wealth Creation and Preservation
Build your knowledge of wealth creation and succession planning strategy. Throughout this unit you will become familiar with various wealth creation strategies. You will also focus on estate planning and its role within the financial planning process. This will help you to analyse client situations and identify estate planning issues.
Back to the top ▲FNP32 Investment and Portfolio Management
Acquaint yourself with traditional and modern investment theories and practices. You will learn investment evaluation theories and techniques in a range of financial assets and examination of portfolio practices. You will also explore current industry practice in this area and develop an understanding of the theoretical framework supporting investment
analysis and portfolio management. Through this study, you will gain confidence in the application of a range of techniques and develop a capacity for independent thought and critical analysis in the areas of investment analysis and portfolio management.
Back to the top ▲FNP34 Financial Planning Practice Management
Financial planning draws upon a range of disciplines and culminates in the preparation of a financial plan for a client. The practice of financial planning requires understanding of regulation and the application of business management principles and techniques. The first aspect of this unit requires the application of these skills in the preparation,
presentation, implementation and review of a personal financial plan for a client. The second aspect of the unit focuses on financial planning practice management and aims to ensure students are aware of many of the practical issues that will confront them in the financial planning industry.
Back to the top ▲CPT110 Introduction to Information Technology
This unit provides a general introduction to the field of information technology. Topics include an introduction to online learning, the history of computing, the internals of computer hardware and software and how they interact, desktop application software (with particular emphasis on word processors and spreadsheets), and the technologies behind the Internet, including a section on basic web site creation.
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