University of Technology, Sydney

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C04381v1 Master of Financial Planning

Award(s): Master of Financial Planning (MFinPlan)
Commonwealth supported place?: No
Load credit points: 72
Course EFTSL: 1.5
Location: City campus

Notes

This course is not offered to international students.


Overview
Course aims
Career options
Course intended learning outcomes
Admission requirements
Recognition of prior learning
Course duration and attendance
Course structure
Course completion requirements
Course program
Articulation with UTS courses
Professional recognition
Other information

Overview

The Master of Financial Planning is designed for industry professionals who want to start a successful career as financial planners. The course covers the core curriculum required for professional accreditation and, at the same time, addresses all the dimensions of the professional profile of modern financial planners: from advanced negotiation and communication skills to the knowledge necessary to run an independent financial planning outfit.

The course has been designed to suit the needs of people who currently work in the financial industry: each subject is delivered in a mix of online learning and face-to-face interaction over two weekends. This combines the convenience of online learning with the rich experience of class interaction with a group of highly motivated and engaged peers.

This course provides a unique opportunity to acquire the skills and the academic qualification necessary to succeed as a financial planner with a flexible and modular approach specifically designed to suit the needs of financial professionals interested in developing this new career path while working full time.

Course aims

The Master of Financial Planning is designed to provide students with financial planning skills and knowledge in a flexible and modular structure which is academically rigorous but also practical and based on a 360-degree view of the professional profile of a modern financial planner.

Career options

The course is intended for people who aspire to become financial planners. The program has been designed to satisfy the academic qualification requirements according to the current framework of the Financial Planning Education Council (FPEC)

Course intended learning outcomes

1.1 Critically analyse complex financial planning concepts
1.2 Demonstrate advanced skills for an effective financial planning practice
2.1 Use relevant information and data to critically analyse complex issues in the practice of financial planning
2.2 Formulate creative and innovative solutions to complex financial planning issues
3.1 Communicate information clearly and fluently in written forms appropriate for financial planning clients and other relevant stakeholders
3.2 Use oral communication to interact effectively with financial planning clients and other relevant stakeholders
3.3 Demonstrate knowledge and best practice for dealing with behavioural biases in communication and interaction with financial planning clients
4.1 Evidence of understanding of ethical and social responsibility in professional practice and personal conduct
4.2 Critically evaluate and apply sustainability principles in an investment and financial planning context
4.3 Demonstrate knowledge of diverse cultural and Indigenous perspectives and their implications for the practice of financial planning
5.1 Apply technical and professional skills effectively within the practice of financial planning
5.2 Execute a substantial evidence-based financial planning advice project

Admission requirements

Applicants must have completed a UTS recognised bachelor's degree, or an equivalent or higher qualification, or submitted other evidence of general and professional qualifications that demonstrates potential to pursue graduate studies.

If the previous qualification is not in a related field, applicants require a minimum of two years' relevant work experience. Applicants with a relevant graduate certificate must have completed it with at least a credit average.

The English proficiency requirement for local applicants with international qualifications is: Academic IELTS: 6.5 overall with a writing score of 6.0; or TOEFL: paper based: 550-583 overall with TWE of 4.5, internet based: 79-93 overall with a writing score of 21; or AE5: Pass; or PTE: 58-64; or CAE: 176-184.

Eligibility for admission does not guarantee offer of a place.

Recognition of prior learning

Students may be granted a maximum of eight subject exemptions based on recognition of prior learning, of which four core subjects may be approved from prior undergraduate study.

Course duration and attendance

The course may be completed in 1.5 years of full-time or three years of part-time study.

Course structure

The course totals 72 credit points comprising 12 core subjects.

Course completion requirements

25772 Introduction to Financial Planning 6cp
25773 Investments and Investor's Psychology 6cp
79708 Contemporary Business Law 6cp
25769 Ethics for Financial Planning 6cp
77938 Introduction to Taxation Law 6cp
25775 Superannuation and Insurance 6cp
77980 Estate and Retirement Planning 6cp
25770 Financial Planning 6cp
25774 Financial Planning as a Small Business 6cp
25767 Advanced Communication for Financial Planning 6cp
25768 Aged Care and Advanced Retirement Planning 6cp
25771 Financial Planning in Practice (Capstone) 6cp
Total 72cp

Course program

Typical full-time and part-time programs are provided below for students commencing in Autumn session.

Autumn commencing, full time
Year 1
Autumn session
25772 Introduction to Financial Planning   6cp
25773 Investments and Investor's Psychology   6cp
79708 Contemporary Business Law   6cp
25769 Ethics for Financial Planning   6cp
Spring session
77938 Introduction to Taxation Law   6cp
25775 Superannuation and Insurance   6cp
77980 Estate and Retirement Planning   6cp
25770 Financial Planning   6cp
Year 2
Autumn session
25774 Financial Planning as a Small Business   6cp
25767 Advanced Communication for Financial Planning   6cp
25768 Aged Care and Advanced Retirement Planning   6cp
25771 Financial Planning in Practice (Capstone)   6cp
Autumn commencing, part time
Year 1
Autumn session
25772 Introduction to Financial Planning   6cp
25769 Ethics for Financial Planning   6cp
Spring session
25773 Investments and Investor's Psychology   6cp
79708 Contemporary Business Law   6cp
Year 2
Autumn session
77938 Introduction to Taxation Law   6cp
77980 Estate and Retirement Planning   6cp
Spring session
25775 Superannuation and Insurance   6cp
25770 Financial Planning   6cp
Year 3
Autumn session
25774 Financial Planning as a Small Business   6cp
25768 Aged Care and Advanced Retirement Planning   6cp
Spring session
25767 Advanced Communication for Financial Planning   6cp
25771 Financial Planning in Practice (Capstone)   6cp

Articulation with UTS courses

This course is part of an articulated program comprising the Graduate Certificate in Financial Planning (C11281), the Graduate Diploma in Financial Planning (C07142) and the Master of Financial Planning.

Professional recognition

The Master of Financial Planning has been designed around the standards of financial planning education as set by the Financial Planning Education Council (FPEC). This framework is also in line with the current FASEA proposal for academic qualification required for a new entrant in the financial planning profession. The UTS Business School is currently pursuing formal accreditation for this course.

Other information

Further information is available from the UTS Business School on:

telephone 1300 ask UTS (1300 275 887)
email
business@uts.edu.au
Business (Postgraduate)