Introductory Personal Finance

Subject FNCE20003 (2010)

Note: This is an archived Handbook entry from 2010.

Credit Points: 12.50
Level: 2 (Undergraduate)
Dates & Locations:

This subject has the following teaching availabilities in 2010:

Semester 1, Parkville - Taught on campus.
Pre-teaching Period Start not applicable
Teaching Period not applicable
Assessment Period End not applicable
Last date to Self-Enrol not applicable
Census Date not applicable
Last date to Withdraw without fail not applicable


Timetable can be viewed here. For information about these dates, click here.
Time Commitment: Contact Hours: One 2-hour lecture and a 1-hour tutorial per week
Total Time Commitment: Not available
Prerequisites: Either of the following:
Subject
Study Period Commencement:
Credit Points:
Semester 1, Semester 2
12.50
January, Semester 1, Semester 2
12.50
Corequisites: None
Recommended Background Knowledge:

None
Non Allowed Subjects: None
Core Participation Requirements:

For the purposes of considering requests for Reasonable Adjustments under the Disability Standards for Education (Cwth 2005), and Students Experiencing Academic Disadvantage Policy, academic requirements for this subject are articulated in the Subject Description, Subject Objectives, Generic Skills and Assessment Requirements for this entry. The University is dedicated to provide support to those with special requirements. Further details on the disability support scheme can be found at the Disability Liaison Unit website: http://www.services.unimelb.edu.au/disability/

Coordinator

Dr Callum Scott

Contact

callum@unimelb.edu.au

Subject Overview:

This subject is aimed at students envisaging a career as a financial adviser, and also provides a basis for future personal financial decision making. The role of the human life cycle upon personal financial requirements; the role of financial advisers in constructing an appropriate personal financial policy. Alternative investment options and sources of finance (including analysis of risk and effective return), with particular attention to retirement planning and the impact of taxes and government incentives.
Objectives:

.
Assessment:

A 2-hour end-of-semester examination (80%) and assignments totalling not more than 2000 words (20%).
Prescribed Texts:

Personal Finance (4th edition), Beal and McKeown.
Recommended Texts: Information Not Available
Breadth Options:

This subject potentially can be taken as a breadth subject component for the following courses:

You should visit learn more about breadth subjects and read the breadth requirements for your degree, and should discuss your choice with your student adviser, before deciding on your subjects.

Fees Information: Subject EFTSL, Level, Discipline & Census Date
Generic Skills:
  • High level of development: synthesis of data and other information; evaluation of data and other information.
  • Moderate level of development: written communication; collaborative learning; problem solving; interpretation and analysis; critical thinking.
  • Some level of development: oral communication; application of theory to practice; use of computer software; accessing data and other information from a range of sources.
Notes: Students may not gain credit for both 333-203 Personal Financial Management and either 333-312 Personal Financial Management or 306-312 Personal Financial Management.

Download PDF version.