chinese australia
TPLA603 Investment Advice and Behavioural Finance
Campus: South Eveleigh, NSW 2015
Units of Credit: 6
Prerequisite or Corequisite: No prerequisite or corequisite for this unit.
EFTSL*: 0.125
Indicative Contact Hours per Week: 3
Tuition Fee See Tuition Fee Schedule
Application Date: See Key Dates
Unit Overview:

The aim of this unit is to examine investment products and the investment process within the context of Australian capital and asset markets for the purpose of providing financial advice to clients having regard to clients’ own risk and investment preferences.

Students will learn about the structure of investment markets and the regulatory framework before proceeding to examine fundamental finance concepts and tools such as: time value of money, discounting, share and bond valuation, portfolio diversification and risk management.

In a financial planning context, students will learn the regulation requirements, financial and taxation issues regarding securities, managed investments and alternate asset classes for clients.

Understanding a client’s risk profile and alignment of goals to appropriate strategies and products in an investment context is critical to developing an appropriate financial plan. In this context, the emerging field of behavioral finance provides insights for students into understanding how psychological factors affect client’s decisions about money management, investing and financial planning. Client biases, emotions and irrationality are factors financial advisers must understand and manage in the financial planning process.

*EFTSL = Equivalent full-time study load