Unit Information
Unit code: BAO7006
Credit points: 12
Prerequisites: BAO6001 - Principles of Financial and Investment Planning
BAO6002 - Superannuation and Retirement Wealth Planning
BAO6004 - Risk Management and Estate Planning
BAO6005 - Taxation Law of Australia
BAO7005 - Professionalism and Ethics
BAO7007 - Behavioural Finance for Financial Advisers
BAO7008 - Financial Advice Corporation and Commercial Law
(Or equivalent to be determined by unit coordinator)
This capstone unit applies prior knowledge to all elements of the financial planning process including conducting an initial client interview, planning and constructing a full statement of advice and presenting a financial plan to a client. There is a higher-order focus on written and presentation communication aimed at building and managing the client relationship, as well as meet industry standards and expectations of professional financial planning advice. Professional skills including leadership and interpersonal skills, are given attention via podcast interviews with practitioners, structured discussion and metacognitive interaction.
This unit is designed to meet the approved degree requirements of Financial Adviser Standards and Ethics Authority [FASEA]. Successful completion of this unit has the added advantage of satisfying the relevant FASEA education requirements of an approved degree and may count towards the annual Continuing Professional Development (CPD) requirement to a maximum of 30 CPD hours per year.
On successful completion of this unit, students will be able to:
- Gather and evaluate client data and apply critical judgement in planning, solving and making decisions pertaining in the construction and review of a complex Statement of Advice;
- Articulate the legal, professional and ethical principles to the financial planning process, file construction and retention;
- Synthesise broad technical knowledge and employ clear, communication skills to build client relationships and effectively present financial advice to a client; and
- Consolidate and analyse client data and use financial planning software to model and review a range of client scenarios.
| Item | Assessment |
| Graded | LO Alignment | Grad Caps Alignment |
| Assignment | Quality File Notes (500 words) |
| 10% | 2 | 1, 3 |
| Report | Gathering and Analysis of Client Data (2000 words) |
| 40% | 1, 4 | 1, 3 |
| Presentation | Complex Statement of Advice and Presentation (2500 words) |
| 50% | 3 | 1, 3 |
Still have questions?
Our Student Enrolment Advisors are just a click away. They can answer any questions you have about this course or VU Online.
Latest news
Becoming a Nurse Unit Manager (NUM) is an excellent option for nurses who want to lead teams, advance their careers and increase their earning potential.
Working in youth mental health has never been more important, with nearly two in five young people reporting experiences of mental illness in the last two years. Unsurprisingly, demand for mental health services has also skyrocketed since the pandemic.
