Students
AFIN2000 – Principles of Financial Literacy
2020 – Session 3, Fully online/virtual
Notice
As part of Phase 3 of our return to campus plan, most units will now run tutorials, seminars and other small group learning activities on campus for the second half-year, while keeping an online version available for those students unable to return or those who choose to continue their studies online.
To check the availability of face to face activities for your unit, please go to timetable viewer. To check detailed information on unit assessments visit your unit's iLearn space or consult your unit convenor.
General Information
Download as PDF
| Unit convenor and teaching staff |
Unit convenor and teaching staff
Unit Convenor
Mark Stewart
Contact via Refer to ilearn
Refer to ilearn
Refer to ilearn
Angela Chow
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|---|---|
| Credit points |
Credit points
10
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| Prerequisites |
Prerequisites
70cp at 1000 level or above
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| Corequisites |
Corequisites
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| Co-badged status |
Co-badged status
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| Unit description |
Unit description
This unit develops financial literacy, enabling students to understand what is needed to achieve a lifestyle that is financially sustainable, ethical and responsible. On completion of the unit, students will be able to set financial goals, establish a working budget, understand and distinguish between different investment instruments, and have the knowledge and skills to make informed and effective personal financial decisions. |
Important Academic Dates
Information about important academic dates including deadlines for withdrawing from units are available at https://www.mq.edu.au/study/calendar-of-dates
Learning Outcomes
On successful completion of this unit, you will be able to:
- ULO1: Explain the role of financial goals and develop personal financial goals.
- ULO2: Assess, compare and evaluate common investment instruments.
- ULO3: Acquire knowledge and skills to make informed and effective personal financial decisions.
General Assessment Information
It is the responsibility of students to view their marks for each within session assessment on iLearn within 20 working days of posting. If there are any discrepancies, students must contact the unit convenor immediately. Failure to do so will mean that queries received after the release of final results regarding assessment marks (not including the final exam mark) will not be addressed.
Assessment criteria for all assessment tasks will be provided on the unit iLearn site.
Assessment Tasks
| Name | Weighting | Hurdle | Due |
|---|---|---|---|
| Forum Discussion | 18% | No | date to be confirmed - see iLearn |
| Online Quiz | 27% | No | date to be confirmed - see iLearn |
| Final Examination | 55% | No | date to be confirmed - see iLearn |
Forum Discussion
Assessment Type 1: Participatory task
Indicative Time on Task 2: 10 hours
Due: date to be confirmed - see iLearn
Weighting: 18%
Students are required to contribute to the Discussion Forums. Details will be provided on the iLearn unit.
On successful completion you will be able to:
- Explain the role of financial goals and develop personal financial goals.
- Assess, compare and evaluate common investment instruments.
- Acquire knowledge and skills to make informed and effective personal financial decisions.
Online Quiz
Assessment Type 1: Quiz/Test
Indicative Time on Task 2: 6 hours
Due: date to be confirmed - see iLearn
Weighting: 27%
Student will be required to complete four online quizzes. The questions will be based on the materials covered.
On successful completion you will be able to:
- Explain the role of financial goals and develop personal financial goals.
- Assess, compare and evaluate common investment instruments.
- Acquire knowledge and skills to make informed and effective personal financial decisions.
Final Examination
Assessment Type 1: Examination
Indicative Time on Task 2: 20 hours
Due: date to be confirmed - see iLearn
Weighting: 55%
A 2 hour open book final exam will be held online.
On successful completion you will be able to:
- Explain the role of financial goals and develop personal financial goals.
- Assess, compare and evaluate common investment instruments.
- Acquire knowledge and skills to make informed and effective personal financial decisions.
1 If you need help with your assignment, please contact:
- the academic teaching staff in your unit for guidance in understanding or completing this type of assessment
- the Writing Centre for academic skills support.
2 Indicative time-on-task is an estimate of the time required for completion of the assessment task and is subject to individual variation
Delivery and Resources
Please note: This is an online course and therefore it is the student’s responsibility to have
the technology to access the material and to complete the assigned tasks. No exceptions
or extensions will be granted because of issues with the student’s technology, the student's
internet provider or the student's internet connectivity.
There are no face to face lectures.
All unit materials will be provided on iLearn. These include, information on each topic (overview slides, text materials, overview videos), "in the news" items and supplementary notes.
All assessment materials will be provided on iLearn. The quizzes and the discussion forums and the final exam will ALL be undertaken on iLearn.
Tutorial support will be provided by a Unit Help Desk on iLearn.
Unit Schedule
AFIN2000 Principles of Financial Literacy
2020 Session 3
Topic Guide - Schedule
|
Week |
Commencing on |
Topic |
Details |
Text chapter |
|
S3 Week 1 |
30 Nov |
Topic 1 |
Personal finance basics |
Chapter 1 |
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|
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Topic 2 |
Money management |
Chapter 2 |
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|
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Topic 3 |
Setting goals and objectives |
Chapter 2 |
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S3 Week 2 |
07 Dec |
Topic 4 |
Investments - fundamentals |
Chapter 11 |
|
|
|
Topic 5 |
Investments - bonds |
Chapter 11 |
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S3 Week 3 |
14 Dec |
Topic 6 |
Investments – equity |
Chapter 12 |
|
|
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Topic 7 |
Investments – managed funds |
Chapter 13 |
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|
|
Mid session break |
|
|
S3 Week 4 |
04 Jan |
Topic 8 |
Investments – strategy |
Chapter 13 |
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|
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Topic 9 |
Home selection and financing |
Chapter 7 |
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Topic 10 |
Home and auto insurance |
Chapter 8 |
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S3 Week 5 |
11 Jan |
Topic 11 |
Superannuation |
Chapter 14 |
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|
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Topic 12 |
Retirement and Estate planning |
Chapter 14 |
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Revision |
Policies and Procedures
Macquarie University policies and procedures are accessible from Policy Central (https://staff.mq.edu.au/work/strategy-planning-and-governance/university-policies-and-procedures/policy-central). Students should be aware of the following policies in particular with regard to Learning and Teaching:
- Academic Appeals Policy
- Academic Integrity Policy
- Academic Progression Policy
- Assessment Policy
- Fitness to Practice Procedure
- Grade Appeal Policy
- Complaint Management Procedure for Students and Members of the Public
- Special Consideration Policy (Note: The Special Consideration Policy is effective from 4 December 2017 and replaces the Disruption to Studies Policy.)
Students seeking more policy resources can visit the Student Policy Gateway (https://students.mq.edu.au/support/study/student-policy-gateway). It is your one-stop-shop for the key policies you need to know about throughout your undergraduate student journey.
If you would like to see all the policies relevant to Learning and Teaching visit Policy Central (https://staff.mq.edu.au/work/strategy-planning-and-governance/university-policies-and-procedures/policy-central).
Student Code of Conduct
Macquarie University students have a responsibility to be familiar with the Student Code of Conduct: https://students.mq.edu.au/study/getting-started/student-conduct
Results
Results published on platform other than eStudent, (eg. iLearn, Coursera etc.) or released directly by your Unit Convenor, are not confirmed as they are subject to final approval by the University. Once approved, final results will be sent to your student email address and will be made available in eStudent. For more information visit ask.mq.edu.au or if you are a Global MBA student contact globalmba.support@mq.edu.au
Supplementary exams
Information regarding supplementary exams, including dates, is available at:http://www.businessandeconomics.mq.edu.au/current_students/undergraduate/how_do_i/disruption_to_studies
Student Support
Macquarie University provides a range of support services for students. For details, visit http://students.mq.edu.au/support/
Learning Skills
Learning Skills (mq.edu.au/learningskills) provides academic writing resources and study strategies to help you improve your marks and take control of your study.
The Library provides online and face to face support to help you find and use relevant information resources.
Student Services and Support
Students with a disability are encouraged to contact the Disability Service who can provide appropriate help with any issues that arise during their studies.
Student Enquiries
For all student enquiries, visit Student Connect at ask.mq.edu.au
If you are a Global MBA student contact globalmba.support@mq.edu.au
IT Help
For help with University computer systems and technology, visit http://www.mq.edu.au/about_us/offices_and_units/information_technology/help/.
When using the University's IT, you must adhere to the Acceptable Use of IT Resources Policy. The policy applies to all who connect to the MQ network including students.