个人理财课程介绍与教学大纲

1、个人理财课程简介课程编号12FIN331课程名称个人理财课程性质必修学 时32学 分2学时分配授课：32 实验： 上机： 实践： 实践（周）：考核方式闭卷考试，平时成绩占50% ，期末成绩占50% 。开课学院国际教育学院更新时间适用专业财务管理（中澳合作）先修课程会计学、财务管理原理课程内容：本课程主要介绍个人理财的概念，个人理财行业的法律、法规，政府对个人帮助的主要形式，如何选择投资方式，保险和养老金的作用等。课程的主要内容是：1.解释个人理财行业的结构、法规和参加者2.探讨个人理财的程序3.分析个人理财中退休计划和社会保障问题4.探讨家庭投资等。 Brief Introduction Co

2、de12FIN331TitleFinancial PlanningCourse natureRequiredSemester Hours32Credits2Semester Hour StructureLecture：32 Experiment： Computer Lab： Practice：Practice (Week)：AssessmentClosed book examination, usually results accounted for 50%, the final grade accounted for 50%.Offered byInternational Education

3、 CollegeDateforFinancial Management (Sino-Australian cooperation)PrerequisiteAccounting, Financial ManagementCourse Description: This subject introduces the concepts involved in personal financial planning. It provides an overview of the laws and regulations relating to the financial planning indust

4、ry, the forms of government assistance to individuals, the choice of investments available, and the role of insurance and superannuation. The objective of this course is:1. be able to explain the structure, regulation and participants in the financial planning industry;2. be able to discuss the fina

5、ncial planning process;3. be able to analyse retirement planning and social security issues of financial planning;4. be able to discuss investments available to households.个人理财课程教学大纲课程编号12FIN331课程名称个人理财课程性质必修学 时32课程性质必修学时分配授课：32 实验： 上机： 实践： 实践（周）：考核方式闭卷考试，平时成绩占50% ，期末成绩占50% 。开课学院国际教育学院更新时间适用专业财务管理（中

6、澳合作）先修课程会计学、财务管理原理一、教学内容Topic 1 The financial planning profession1.1Financial planners and advisers1.2The growth of financial planning and investment advice1.3Legal constraints on investment advisers and financial planners1.4Disclosure of risks1.5Industry abusesDifficulties：Disclosure of risksKey po

7、ints: Legal constraints on investment advisers and financial plannersTopic 2 Saving, financial markets and financial institutions2.1Funds flows2.2The determinants of saving2.3Financial markets2.4Intermediation2.5Financial instit,utions2.6The Australian banksDifficulties：The determinants of saving Ke

8、y points: Financial markets, Financial institutionsTopic 3 Interest rates and debt securities3.1The structure of interest rates3.2The yield curve3.3Other influences on the structure of interest rates3.4Financial calculations3.5Short-term securities3.6Capital value risk of debt securities3.7The risks

9、 of debt securitiesDifficulties：The yield curve Key points: The structure of interest rates, Capital value risk of debt securitiesTopic 4 Shares and efficient markets4.1Factors affecting share prices4.2Valuation of Uneven Dividend paying stock4.3Asset pricing models4.4The capital asset pricing model

10、 (CAPM)4.5Efficient markets4.6Forecasting techniques4.7Trading rules and strategiesDifficulties： Factors affecting share pricesKey points: The capital asset pricing model (CAPM), Efficient marketsTopic 5 The good, the bad and the ugly5.1The good property5.2Property syndicates5.3The bad collectables5

11、.4Returns5.5The ugly scamsDifficulties：Property syndicatesKey points: The good property, The bad collectablesTopic 6 Managed funds6.1The advantages and disadvantages of managed investment funds6.2Measuring fund performance6.3Investment styles6.4Master trusts6.5What should advisers tell clients?Diffi

12、culties: Measuring fund performanceKey points: The advantages and disadvantages of managed investment funds, Investment stylesTopic 7 Risks in investment and insurance7.1Variability risk7.2 The holistic approach to risk7.3 Risk management and insurance7.4 Life insurance7.5 Disability income protecti

13、on7.6 Health insurance7.7 General insuranceDifficulties: Diversification of the riskKey points: Risk management and insuranceTopic 8 Gearing and negative gearing8.1Borrowing to invest8.2Borrowing8.3Risks of gearing8.4Protecting borrowers from margin calls8.5Taxation changes8.6Geared equity with down

14、side coverDifficulties：Risks of gearing Key points: Protecting borrowers from margin calls,Taxation changesTopic 9 Taxation issues for investors9.1Personal income tax9.2Capital gains tax9.3Tax minimisation strategies9.4Trusts9.5Prescribed interests and managed investmentsDifficulties：Tax minimisatio

15、n strategies Key points: Personal income tax, Capital gains taxTopic 10 Superannuation, retirement and estate planning10.1Superannuation rules10.2DIY superannuation funds10.3Taxation opportunities provided by superannuation10.4Estate planningDifficulties：DIY superannuation funds Key points: Superann

16、uation rules, Estate planningTopic 11 Social security aspects of financial planning11.1Eligibility requirements11.2The pensions, benefits and allowances available to retirees and other11.3Members of the community11.4The eligibility requirements for these benefitsDifficulties：The eligibility requirem

17、ents for these benefits Key points: The pensions, benefits and allowances available to retirees and otherTopic 12 Creating a financial plan12.1Steps in creating a financial plan12.2Suggested changes to portfolio12.3Sensitivity analysis12.4Asset accumulationDifficulties：Suggested changes to portfolio

18、 Key points: Steps in creating a financial planTopic 13 Derivatives in investment management13.1The share price index futures contract13.2Options13.3Put call parity13.4Some option strategies for investors13.5Option strategiesDifficulties： Put call parityKey points: The share price index futures cont

19、ract, Options二、教学基本要求Topic 1 The financial planning professionDescribe the roles of financial planners and advisers; explain the strong growth in this industry; and set out the legal and regulatory requirements which have been imposed on representatives in the industry.Topic 2 Saving, financial mark

20、ets and financial institutionsThe aim of this chapter is to provide the reader with a knowledge of the way in which households accumulate assets, incurliabilities and increase their wealth; an understanding of the factors that determine saving; the ability to calculate the amount that a person needs

21、 to save to provide forretirement; familiarity with the financial institutions that transfer funds from savers to borrowers; and details of the markets in which financial assets and liabilities are traded.Topic 3 Interest rates and debt securitiesThe basic aims of this chapter are to set out the cha

22、racteristics of debt securities as investments and to explain interest rates and interest rate calculations. On completing the chapter, the reader will be able to: understand the factors determining interest rates; evaluate debt securities as possible investments; and carry out calculations on inter

23、est rates and on the pricing of debt securities using the most commonly used financial calculators.Topic 4 Shares and efficient marketsDescribe an important class of financial assets shares; explain how to calculate measures of the return on shares and their value; understand the determinants of sha

24、re prices, especially interest rates, market psychology and overseas share prices; use the dividend discount model; use the capital asset pricing model and the beta of a share which is an important element of this model; use the capital asset pricing model to estimate the risk premium demanded by sh

25、are investors; explain the way in which income from shares is taxed; distinguish between value and growth stocks and be able to analyse the relative performances of these categories; and understand the concept of efficient markets and its implications for investment decisions.Topic 5 The good, the b

26、ad and the uglyThe objective of this chapter is to consider a range of additional investments and to evaluate their quality. The investments are: the good property which historically has yielded good returns and which, in some cases, receives significant tax advantages; the bad collectables which pr

27、ovide owners with some pleasure but which have some less desirable characteristics as investments; and the ugly scams and confidence tricks that have been used to separate investors from their money.On completing this chapter, the reader will be able to advise clients on the proper role of property

28、in an investors portfolio, explain the benefits and downside of investing in collectables to clients and steer them away from scams.Topic 6 Managed fundsBe aware of the range of managed funds (trusts) available in Australia; understand the rules governing these vehicles; and be able to measure the p

29、erformance of such funds.Topic 7 Risks in investment and insuranceAnalyse the nature of risk and its implications for the provision of financial advice. It will prepare readers to: understand the nature and sources of risk; analyse the overall risk of a full financial plan; make use of techniques to

30、 minimise risk; and measure clients attitude to risk and the consistency of these attitudes.Topic 8 Gearing and negative gearingCalculate the benefits obtained from setting up a geared or negatively geared investment structure;evaluate the risks arising out of such a structure; and design the struct

31、ure so that the risks are controlled.Topic 9 Taxation issues for investorsGet basic knowledge of: the income taxation system; capital gains tax (CGT); dividend imputation; the changes to be introduced by the Ralph reforms; the tax advantages of home ownership; and tax minimisation techniques.Topic 1

32、0 Superannuation, retirement and estate planningUnderstand the rules affecting superannuation; be able to manage a do-it-yourself (DIY) superannuation fund; have a comprehensive knowledge of the taxation aspects of superannuation; be aware of the best ways to organise retirement income; and be able

33、to advise clients on estate planning.Topic 11 Social security aspects of financial planningUnderstand the pensions, benefits and allowances available to retirees and other members of the community; and the eligibility requirements for these benefits. It should be noted that many of these benefits and the eligibility requirements for them are indexed. Therefore, the chapter can only set out the principles governing social security benefits. Advisers will need to check the actual dollar amounts current