Master of Architecture
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Bachelor of Business (Financial Planning)
Melbourne City
INTAKE: Feb, Jul & Oct
Program Overview
RMIT University, situated in Melbourne, Australia, offers a Bachelor of Business (Financial Planning) program designed to equip students with the knowledge and skills necessary for a career in the financial planning industry. This undergraduate degree provides a comprehensive understanding of financial planning principles, investment strategies, retirement planning, risk management, and ethical standards.
Curriculum: The curriculum of the Bachelor of Business (Financial Planning) program at RMIT University covers a wide range of subjects relevant to financial planning and wealth management. Students study core topics such as personal finance, investment analysis, superannuation, taxation, estate planning, and regulatory compliance. Additionally, the program includes practical components such as case studies, industry projects, and simulated financial planning exercises, allowing students to develop hands-on experience and professional skills.
Research Focus: RMIT University emphasizes research excellence in the field of financial planning. Faculty members and students engage in research projects that explore current issues, trends, and innovations in financial markets, investment products, retirement planning strategies, and regulatory frameworks. Through research-led teaching, students are exposed to cutting-edge theories, methodologies, and industry trends, preparing them for roles as future leaders and innovators in financial planning.
Industry Engagement: The Bachelor of Business (Financial Planning) program at RMIT University fosters strong connections with industry stakeholders, including financial planning firms, investment companies, banks, superannuation funds, and regulatory bodies. These partnerships provide students with opportunities for industry placements, guest lectures, networking events, and professional certifications. Such engagement ensures that the program remains relevant to industry needs and enhances students' employability upon graduation.
Global Perspective: RMIT University promotes a global perspective in its financial planning program, recognizing the interconnectedness of financial markets and investment strategies across different regions and countries. Students are exposed to international case studies, comparative analysis of financial systems, and global trends in retirement planning, wealth management, and regulatory compliance. Additionally, the university offers study abroad programs, international internships, and research collaborations with overseas institutions, allowing students to gain insights into global financial markets and cultural perspectives.
Location
Melbourne City
Score
IELTS 6.5
Tuition Fee
AUD 40320
Undergraduate Entry Requirements
Academic Qualifications: Applicants for undergraduate programs typically require a minimum academic achievement of 65% or above in their previous academic qualifications.
English Language Proficiency:
- IELTS: Overall band score of 6.0 or 6.5 with a minimum of 5.5 in each component.
- TOEFL: Overall score of 79 with a minimum of 12 in each section.
- PTE (Pearson Test of English): Overall score of 58 with a minimum of 50 in each section.
Students must provide:
- academic marksheets & transcripts
- letters of recommendation
- a personal statement - SOP
- passport
- other supporting documents as required by the university.
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.
RMIT University offers a range of scholarships to international students to support their educational journey. These scholarships are designed to recognize academic excellence, leadership potential, and contributions to the community.
Vice-Chancellor's International Scholarship: This prestigious scholarship is awarded to high-achieving international students and covers a percentage of their tuition fees.
Destination Australia Scholarship: This scholarship is for students studying in regional Australia, including some RMIT campuses, and provides financial support to eligible international students.
Science Engineering Health Scholarship: Specifically for students enrolling in science, engineering, or health programs, this scholarship is awarded to those who demonstrate academic merit.
Cultural Visions Scholarship: This scholarship is designed to support students from diverse cultural backgrounds and aims to foster inclusivity and diversity within the university community.
Sports Scholarship: RMIT also offers scholarships to outstanding athletes, supporting them in balancing their sports commitments with their academic pursuits.
RMIT University, located in Melbourne, Australia, offers a Bachelor of Business (Financial Planning) program, providing graduates with a diverse range of career opportunities in the financial planning industry.
Financial Planner: Graduates can pursue careers as financial planners, providing personalized financial advice and strategies to help individuals and families achieve their financial goals. They assess clients' financial situations, develop comprehensive financial plans, and recommend investment, retirement, insurance, and tax strategies tailored to clients' needs and objectives. Financial planners work for financial planning firms, banks, wealth management companies, and insurance agencies.
Investment Advisor: Graduates can work as investment advisors, helping clients make informed investment decisions and manage their investment portfolios. They analyze financial markets, assess investment opportunities, and recommend asset allocation strategies, investment products, and portfolio diversification techniques to optimize investment returns and manage investment risks. Investment advisors work for investment firms, brokerage firms, and financial institutions.
Retirement Planner: Graduates can specialize in retirement planning and pursue careers as retirement planners, helping clients plan for their retirement years and achieve financial security in retirement. They assess clients' retirement needs, evaluate retirement savings and income sources, and develop retirement income strategies, including superannuation, pension, and annuity options. Retirement planners work for financial planning firms, superannuation funds, and retirement advisory firms.
Wealth Manager: Graduates can work as wealth managers, providing comprehensive wealth management services to high-net-worth individuals, families, and business owners. They develop customized wealth management strategies, including investment management, estate planning, tax planning, and risk management, to help clients preserve and grow their wealth over the long term. Wealth managers work for private banks, family offices, investment advisory firms, and wealth management divisions of financial institutions.
Superannuation Consultant: Graduates can specialize in superannuation consulting and pursue careers as superannuation consultants, advising clients on superannuation strategies, products, and regulations. They help clients maximize their superannuation benefits, including contributions, investments, and retirement income options, and ensure compliance with superannuation laws and regulations. Superannuation consultants work for financial planning firms, superannuation funds, and employee benefits consulting firms.
Risk Management Advisor: Graduates can work as risk management advisors, helping clients identify, assess, and manage financial risks such as investment risk, market risk, and longevity risk. They develop risk management strategies, including insurance solutions, hedging strategies, and risk mitigation techniques, to protect clients' assets and achieve their financial objectives. Risk management advisors work for financial planning firms, insurance companies, and risk management consultancies.
Tax Planning Specialist: Graduates can specialize in tax planning and pursue careers as tax planning specialists, advising clients on tax-efficient strategies to minimize tax liabilities and maximize after-tax returns. They analyze clients' tax situations, identify tax-saving opportunities, and recommend tax planning strategies related to income tax, capital gains tax, estate tax, and business tax. Tax planning specialists work for financial planning firms, accounting firms, and tax advisory practices.
Compliance Officer: Graduates can work as compliance officers, ensuring that financial planning practices comply with regulatory requirements, industry standards, and ethical guidelines. They develop compliance policies and procedures, conduct compliance reviews and audits, and provide training and guidance to financial advisors and staff to ensure adherence to regulatory standards and best practices. Compliance officers work for financial planning firms, regulatory agencies, and compliance consulting firms.
