C04381v2 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
Pathway course
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 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.
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 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.
Minimum Academic Requirement: The previous qualification must be in a related field within the business discipline.
All applicants who do not meet the minimum academic requirement may still be considered on the basis of a minimum of at least two years' full time, or equivalent, relevant work experience.
The relevant work experience must be demonstrated through a C.V. and a Statement of Service, confirming the dates of employment and the position held within the organisation.
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.
Pathway course
Students who do not meet the requirements to gain entry into the Master of Financial Planning may be eligible for entry into the Graduate Certificate in Financial Planning (C11281), or the Graduate Diploma in Financial Planning (C07142). Satisfactory completion of the UTS Graduate Certificate, or satisfactory completion of the UTS Graduate Diploma, allows students to articulate into the Master of Financial Planning.
Recognition of prior learning
The Masters of Financial Planning is a bespoke program, and FASEA accredits many of the subjects. Applications for recognition of prior learning are considered on a case-by-case basis.
Course duration and attendance
The course is offered on a one-and-a-half year, full-time or three-year, part-time basis.
Course structure
The course totals 72 credit points comprising 12 core subjects.
Course completion requirements
| STM91581 Core Subjects (Financial Planning) | 54cp | |
| CBK92021 Electives (Financial Planning) | 18cp | |
| Total | 72cp |
Course program
A typical course program is provided below, showing the recommended study sequence to ensuring ensure completion of the course within the expected duration. Refer to the Timetable Planner for confirmation of availability.
| Autumn commencing, full time | ||
| Year 1 | ||
| Autumn session | ||
| 25772 Financial Planning: Principles and Regulation | 6cp | |
| 25770 Behavioural Finance | 6cp | |
| 79708 Contemporary Business Law | 6cp | |
| 25769 Ethics for Financial Planning | 6cp | |
| Spring session | ||
| 25773 Investments and Risk Management | 6cp | |
| 25775 Superannuation and Financial Planning | 6cp | |
| 25888 Financial Planning and Taxation | 6cp | |
| 77980 Estate and Retirement Planning | 6cp | |
| Year 2 | ||
| Autumn session | ||
| 25771 Financial Planning in Practice (Capstone) | 6cp | |
| Select 18 credit points of options | 18cp | |
| Autumn commencing, part time | ||
| Year 1 | ||
| Autumn session | ||
| 25772 Financial Planning: Principles and Regulation | 6cp | |
| 25769 Ethics for Financial Planning | 6cp | |
| Spring session | ||
| 25770 Behavioural Finance | 6cp | |
| 79708 Contemporary Business Law | 6cp | |
| Year 2 | ||
| Autumn session | ||
| 25888 Financial Planning and Taxation | 6cp | |
| 77980 Estate and Retirement Planning | 6cp | |
| Spring session | ||
| 25773 Investments and Risk Management | 6cp | |
| 25775 Superannuation and Financial Planning | 6cp | |
| Year 3 | ||
| Autumn session | ||
| Select 12 credit points of options | 12cp | |
| Spring session | ||
| 25771 Financial Planning in Practice (Capstone) | 6cp | |
| Select 6 credit points of options | 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 Adviser Standards and Ethics Authority (FASEA). The embedded Graduate Diploma of Financial Planning is a FASEA approved program.
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)