UO Personal Finance

Course aim

To introduce students to personal financial planning, including the ideas and best-practice methods associated
with financial decision-making for individuals.

Course content

Financial decision-making, planning, and control for individuals. Personal financial statements, budgeting, and
the control of personal finances. Complications: income taxes and personal insurance. Evaluation of borrowing
alternatives: using credit and other forms of consumer loans; comparing interest rates, and adjusting for fees;
application to the evaluation of housing and personal loans; budgetary considerations and affordability.
Evaluation of personal investment alternatives: investment planning; conceptualising risk and return; investing in
financial assets; application to investments in shares and other selected assets; borrowing and its effect on risk;
introduction to alternative investments; and overview of products and their pitfalls in the financial planning
industry.

Textbooks

McKeown, W, Olynyk, M, Kerry, J, Ciancio, L, La, D 2021, Financial Planning, Essentials Edition, John Wiley & Sons Australia, Ltd., Milton Qld.

Prerequisites

Nil

Corequisite(s)

Nil

Teaching Method

Note: These components may or may not be scheduled in every study period. Please refer to the timetable for further details.

Assessment

Problem solving exercise, Report

Fees

EFTSL*: 0.125
Commonwealth Supported program (Band 4C)
To determine the fee for this course as part of a Commonwealth Supported program, go to:
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Fee-paying program for domestic and international students
International students and students undertaking this course as part of a postgraduate fee paying program must refer to the relevant program home page to determine the cost for undertaking this course.

Non-award enrolment
Non-award tuition fees are set by the university. To determine the cost of this course, go to:
How to determine the relevant non award tuition fee. (Opens new window)

Not all courses are available on all of the above bases, and students must check to ensure that they are permitted to enrol in a particular course.

* Equivalent Full Time Study Load. Please note all EFTSL values are published and calculated at ten decimal places. Values are displayed to three decimal places for ease of interpretation