Unit Synopsis
This capstone unit applies prior knowledge to produce a statement of advice for a real world case study. You will conduct an initial client interview, research and develop a wealth strategy and learn to present a financial plan to a client. You also gain insights into management of client relationships.
Details
| Level | Undergraduate |
|---|---|
| Unit Level | 3 |
| Credit Points | 6 |
| Student Contribution Band | SCA Band 4 |
| Fraction of Full-Time Student Load | 0.125 |
| Pre-requisites or Co-requisites |
Pre-requisites - FINC11001 and FINC19011 and LAWS19033 Co-requisites:- FINC19012 and FINC19016 and FINC13001 Important note: Students enrolled in a subsequent unit who failed their pre-requisite unit, should drop the subsequent unit before the census date or within 10 working days of Fail grade notification. Students who do not drop the unit in this timeframe cannot later drop the unit without academic and financial liability. See details in the Assessment Policy and Procedure (Higher Education Coursework). |
| Class Timetable | View Unit Timetable |
| Residential School | No Residential School |
Unit Availabilities from Term 1 - 2026
Term 2 - 2026 Profile
Attendance Requirements
All on-campus students are expected to attend scheduled classes - in some units, these classes are identified as a mandatory (pass/fail) component and attendance is compulsory. International students, on a student visa, must maintain a full time study load and meet both attendance and academic progress requirements in each study period (satisfactory attendance for International students is defined as maintaining at least an 80% attendance record).
Recommended Student Time Commitment
Each 6-credit Undergraduate unit at CQUniversity requires an overall time commitment of an average of 12.5 hours of study per week, making a total of 150 hours for the unit.
Assessment Tasks
| Assessment Task | Weighting |
|---|---|
| 1. Practical Assessment | 30% |
| 2. Practical Assessment | 40% |
| 3. Practical Assessment | 30% |
This is a graded unit: your overall grade will be calculated from the marks or grades for each assessment task, based on the relative weightings shown in the table above. You must obtain an overall mark for the unit of at least 50%, or an overall grade of ‘pass’ in order to pass the unit. If any ‘pass/fail’ tasks are shown in the table above they must also be completed successfully (‘pass’ grade). You must also meet any minimum mark requirements specified for a particular assessment task, as detailed in the ‘assessment task’ section (note that in some instances, the minimum mark for a task may be greater than 50%).
Past Exams
All University policies are available on the Policy web site, however you may wish to directly view the following policies below.
This list is not an exhaustive list of all University policies. The full list of policies are available on the Policy web site .
Term 2 - 2025 : The overall satisfaction for students in the last offering of this course was 80.00% (`Agree` and `Strongly Agree` responses), based on a 25% response rate.
Feedback, Recommendations and Responses
Every unit is reviewed for enhancement each year. At the most recent review, the following staff and student feedback items were identified and recommendations were made.
Source: Feedback given by the Student in the form of MyExperience responses.
On the 2 August and 26 August a student gave the following satisfaction scores with the unit, 7 and 8 respectively.
Continue to improve this unit requirements and feedback to meet student expectations
Focus on making the unit requirements clearer, including the written assessment feedback. Further refinements to be undertaken.
Source: Recommendations by Learning Design & innovation team, discussions with Discipline colleagues from the Economics, Finance, Property Disciplines
Low content engagement, especially pre-recorded content video recordings because they are considered too long
"Chunking" video recordings by topic instead of one long pre-recorded content video
This has been implemented, with positive results
Source: Student Evaluations
Usefulness of Assessment Feedback is not to student satisfaction
Train staff to provide more useful assessment feedback.
Review the current practice of assessment feedback during the term during Zoom Workshops, one-on-one Zoom Workshops prior to submission, and feedback after submission during grading.
Source: Student Evaluation Survey
Feedback from a student working in the industry, who felt the current template is overly detailed and includes information no longer required.
Review the SOA template to eliminate redundant details while retaining sufficient information for its role as a teaching tool. The template does not need to be fully industry-compliant at the undergraduate level. However, The current SOA template is designed as a teaching tool, enabling students to understand the structure, reasoning, and compliance considerations behind advice documents. This approach ensures students develop foundational skills in critical thinking and advice formulation before moving on to automated systems.
In Progress
Source: Student Evaluation Survey
Feedback from a student asks that programs like XPlan and Midwinter should be used to generate the whole SOA, and this is maybe something that the unit could incorporate rather than a full word doc template.
Continue to use Midwinter in a limited capacity for product research and data analysis. While these platforms are widely used in industry and provide comprehensive functionality, incorporating full SOA generation at the undergraduate level would be too advanced and may shift the focus away from the core learning objectives of the unit.
In Progress
Source: Student Evaluation Survey
One respondent appreciated receiving assessment feedback during the term and prior to the submission date, noting that it made a significant difference to know they could reach out and receive helpful guidance when needed.
Continue providing assessment feedback throughout the term and before submission deadlines via Zoom workshops and one-on-one consultations, rather than limiting feedback to the final grading stage.
In Progress
On successful completion of this unit, you will be able to:
- Research and identify client data in developing a statement of advice
- Apply professional and ethical principles pertaining to the financial planning process
- Employ communication skills to manage client relationships
- Apply financial planning software to model client scenarios.
| Assessment Tasks | Learning Outcomes | |||
|---|---|---|---|---|
| 1 | 2 | 3 | 4 | |
| 1 - Practical Assessment | • | • | • | |
| 2 - Practical Assessment | • | • | • | |
| 3 - Practical Assessment | • | |||
| Graduate Attributes | Learning Outcomes | |||
|---|---|---|---|---|
| 1 | 2 | 3 | 4 | |
| 1 - Communication | • | • | • | |
| 2 - Problem Solving | • | • | • | • |
| 3 - Critical Thinking | • | • | • | • |
| 4 - Information Literacy | • | • | • | |
| 5 - Team Work | • | • | ||
| 6 - Information Technology Competence | • | • | • | |
| 7 - Cross Cultural Competence | • | |||
| 8 - Ethical practice | • | • | • | • |
| Assessment Tasks | Graduate Attributes | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 10 | |
| 1 - Practical Assessment | • | • | • | • | • | • | • | ||||
| 2 - Practical Assessment | • | • | • | • | • | • | • | ||||
| 3 - Practical Assessment | • | • | • | • | • | • | |||||