Master of Commerce (Extension)
The University of New South Wales (UNSW), located in Sydney, Australia, offers a Master...
Master of Financial Planning
Kensington - Sydney
INTAKE: Feb, May & Sep
Program Overview
The Master of Financial Planning program at the University of New South Wales (UNSW) in Sydney is designed to provide students with the knowledge and skills necessary to excel in the field of financial planning. This comprehensive program offers a strong foundation in financial planning principles, regulatory frameworks, and client-focused strategies.
Comprehensive Curriculum: The program covers a wide range of topics related to financial planning, including investment strategies, retirement planning, risk management, taxation, estate planning, and ethical considerations. Students gain a deep understanding of the principles and practices of financial planning, enabling them to provide holistic and personalized advice to clients.
Professional Accreditation: The Master of Financial Planning program at UNSW is accredited by the Financial Planning Association of Australia (FPA). This accreditation ensures that graduates meet the educational requirements for professional recognition as a Certified Financial Planner (CFP). The CFP designation is highly regarded in the financial planning industry and enhances career prospects.
Industry-Relevant Learning: UNSW maintains strong connections with the financial planning industry, ensuring that the program reflects the latest industry trends and practices. Students have opportunities to engage with industry professionals, participate in internships, and attend industry events. This industry exposure enhances their practical skills and prepares them for real-world financial planning scenarios.
Experienced Faculty: The program is taught by experienced faculty members who are experts in the field of financial planning. They bring a wealth of industry knowledge and academic expertise to the classroom, providing students with valuable insights and practical guidance. The faculty members are actively engaged in research and industry collaborations, ensuring that the program remains relevant and up-to-date.
Applied Learning Approach: The Master of Financial Planning program at UNSW emphasizes applied learning, providing students with opportunities to apply their knowledge in practical settings. Case studies, simulations, and real-world projects are integrated into the curriculum, allowing students to develop critical thinking, problem-solving, and communication skills necessary for effective financial planning.
Ethical and Professional Standards: The program places a strong emphasis on ethics and professional standards in financial planning. Students learn about the ethical responsibilities of financial planners and gain a deep understanding of professional conduct and regulatory requirements. This ethical foundation ensures that graduates are well-prepared to meet the highest standards of professionalism in their careers.
Career Opportunities: Graduates of the Master of Financial Planning program have excellent career prospects in the financial services industry. They can work as financial planners, wealth managers, investment advisors, superannuation specialists, or retirement consultants. They can also pursue roles in financial institutions, insurance companies, private wealth management firms, or establish their own financial planning practices.
Continuing Professional Development: Lifelong learning is essential in the evolving field of financial planning. UNSW provides opportunities for graduates to engage in continuing professional development (CPD) activities. These activities enable graduates to stay updated with industry developments, expand their knowledge, and maintain their professional accreditation.
Location
Kensington - Sydney
Score
IELTS 7
Tuition Fee
AUD 48240
Postgraduate Entry Requirements:
Academic Qualifications: A minimum of 65% or above in the applicant's previous academic qualifications, such as a bachelor's degree or equivalent.
English Language Proficiency:
- IELTS (International English Language Testing System): Overall score of 6.5, with a minimum of 6.0 in each subtest, or equivalent.
- TOEFL (Test of English as a Foreign Language): Overall score of 94, with a minimum of 23 in listening, 23 in reading, 25 in writing, and 23 in speaking.
- PTE (Pearson Test of English): Overall score of 65, with a minimum of 54 in each subtest.
Students must provide:
- academic marksheets & transcripts
- letters of recommendation
- a personal statement - SOP
- passport
- other supporting documents as required by the university.
Work experience: Some postgraduate courses may require relevant work experience in the field.
It's important to note that entry requirements can vary by program and may change over time. Additionally, some programs may have additional requirements, such as interviews, portfolios, or work experience.
UNSW offers a variety of scholarships to attract and assist international students.
Merit-Based Scholarships: UNSW offers merit-based scholarships to international students with exceptional academic achievements. These scholarships recognize academic excellence and provide financial support to cover tuition fees or living expenses.
Country-Specific Scholarships: Some scholarships are tailored for students from specific countries or regions. These scholarships aim to promote diversity and cultural exchange among international students.
Research Scholarships: UNSW provides research scholarships for international students pursuing postgraduate research degrees (e.g., Ph.D.). These scholarships often include a stipend to support research expenses and living costs.
Faculty/Program Scholarships: Certain faculties or academic programs at UNSW offer scholarships to attract outstanding international students interested in specific fields of study. These scholarships may cover tuition fees or provide research opportunities.
Sports and Arts Scholarships: UNSW acknowledges the talents and achievements of international students in sports and the arts. Scholarships in these categories may be available to support students with exceptional abilities.
The Master of Financial Planning program at the University of New South Wales (UNSW) in Sydney offers excellent career prospects for graduates seeking to enter the field of financial planning.
-
High Demand for Financial Planners: There is a growing demand for qualified financial planners in Australia due to increasing complexities in financial markets, changing regulatory landscapes, and a greater need for professional financial advice. Graduates of the Master of Financial Planning program are well-positioned to meet this demand and secure rewarding career opportunities.
-
Financial Planning Firms: Graduates can pursue careers in financial planning firms, working directly with clients to help them achieve their financial goals. They can provide personalized financial advice, develop comprehensive financial plans, and assist clients with investment strategies, retirement planning, insurance needs, and estate planning. Financial planning firms often value the skills and expertise gained from a reputable program like the one offered at UNSW.
-
Wealth Management Institutions: Wealth management institutions, including banks, investment firms, and private wealth management firms, often seek skilled financial planners to provide specialized advice to high-net-worth individuals and families. Graduates of the Master of Financial Planning program can excel in these roles, offering tailored financial solutions and investment strategies to help clients grow and protect their wealth.
-
Superannuation and Retirement Planning: Australia's aging population and the importance of retirement planning have created a demand for professionals specializing in superannuation and retirement planning. Graduates with expertise in these areas can work for superannuation funds, retirement planning organizations, or financial institutions, helping individuals plan for a secure and comfortable retirement.
-
Insurance Industry: The insurance industry also offers career opportunities for financial planning graduates. Insurance companies often employ financial planners to assist clients with risk management strategies, such as life insurance, income protection, and health insurance. Graduates with knowledge of insurance products and risk analysis can excel in these roles.
-
Self-Employment and Consulting: Graduates of the Master of Financial Planning program have the option to start their own financial planning practices or work as independent consultants. This entrepreneurial path allows them to build their client base, establish their brand, and provide personalized financial advice to individuals, families, or businesses.
-
Regulatory and Compliance Roles: With the increasing focus on compliance and regulatory frameworks in the financial planning industry, there is a need for professionals who can ensure adherence to industry regulations and ethical standards. Graduates with a strong understanding of regulatory requirements and ethical responsibilities can pursue roles in compliance, risk management, or regulatory bodies.
-
Continuing Professional Development: The financial planning industry places great importance on continuing professional development (CPD). Graduates of the Master of Financial Planning program can engage in ongoing learning, attend industry conferences, pursue professional certifications, and stay updated with changes in legislation and industry best practices. This commitment to professional development enhances career prospects and opens doors to new opportunities.
