FINC19020 - Financial Plan Construction

General Information

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 2 - 2026

Term 2 - 2026 Profile
Online

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).

Assessment Overview

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

This information will not be available until 8 weeks before term.
To see assessment details from an earlier availability, please search via a previous term.

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%).

Consult the University's Grades and Results Policy for more details of interim results and final grades

Past Exams

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Previous Feedback

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.
Feedback
On the 2 August and 26 August a student gave the following satisfaction scores with the unit, 7 and 8 respectively.
Recommendation
Continue to improve this unit requirements and feedback to meet student expectations
Action Taken
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
Feedback
Low content engagement, especially pre-recorded content video recordings because they are considered too long
Recommendation
"Chunking" video recordings by topic instead of one long pre-recorded content video
Action Taken
This has been implemented, with positive results
Source: Student Evaluations
Feedback
Usefulness of Assessment Feedback is not to student satisfaction
Recommendation
Train staff to provide more useful assessment feedback.
Action Taken
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
Feedback from a student working in the industry, who felt the current template is overly detailed and includes information no longer required.
Recommendation
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.
Action Taken
In Progress
Source: Student Evaluation Survey
Feedback
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.
Recommendation
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.
Action Taken
In Progress
Source: Student Evaluation Survey
Feedback
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.
Recommendation
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.
Action Taken
In Progress
Unit learning Outcomes
This information will not be available until 8 weeks before term.
To see Learning Outcomes from an earlier availability, please search via a previous term.