Core Module Information
Module title: Advanced Personal Financial Planning (HK)

SCQF level: 09:
SCQF credit value: 20.00
ECTS credit value: 10

Module code: FIN09902
Module leader: Paul Langford
School The Business School
Subject area group: Accounting and Finance

Economics at SCQF level 8
Certificate for Financial Advisers (CeFA);
Certificate in Financial Planning (Chartered Institute of Insurance).

Description of module content:

The module involves detailed study of the main personal finance product areas – Insurance (e.g. life, health and long-term care), Pensions, Mortgages, Savings and Investment, Trusts and Estate Planning and it considers each of these in the context of personal financial needs across the individual life cycle. You will be encouraged to develop analytical and computational skills to enable you to apply a wide range of product knowledge in appropriate situations and for different individuals. As we are increasingly encouraged to look after our own financial needs, this has become an important part of our thinking.

Learning Outcomes for module:

LO1: Develop an in-depth knowledge of the main financial products relevant to personal finance
LO2: Demonstrate the importance of conducting a client case history and fact-find
LO3: Conduct an analysis of a client’s financial needs and make appropriate recommendations to the client based on the fact-find
LO4: Construct suitable portfolios for clients with different financial profiles.

Full Details of Teaching and Assessment
2022/3, Trimester 1, FACE-TO-FACE,
Occurrence: 001
Primary mode of delivery: FACE-TO-FACE
Location of delivery: HONG KONG
Member of staff responsible for delivering module: Paul Langford
Module Organiser:

Learning, Teaching and Assessment (LTA) Approach:
All learning outcomes are addressed by lectures from the ENU tutor and are supported through tutorial sessions by your local tutor. Learning materials and extra reading suggestions are available via Moodle and as such you may be able to use accessibility readers and, to some extent, study at your own pace.

Lectures set out the core concepts for each topic, tutorials are used to develop your understanding and analysis of product characteristics and advice processes. Such in depth product and process knowledge is well aligned to employment in an advisory or support role within the sector.

Not only are consumer demands and desires changing in the sector, but also regulations and financial limits within products change frequently, hence the learning materials are based on the most up to date regulatory and practice based perspectives and as such you will use search skills to ensure you are up to date with respect to, for example, the latest tax rates and product attributes.

The implementation of financial products is always local and contingent, however you will consider common themes across much of the world: saving for retirement in the context of ageing populations and reduced state provision; risk and ethics in the sales/purchasing process, and also how the Environmental, Social and Governance characteristics of products have become increasing salient.

Formative Assessment:
for the first assessment (online test) there will be example assessments online for practice.

Tutorial tasks buildup toward the case study (exam) assessment, you will receive peer or tutor feedback on the case study activities.

Summative Assessment:
The class test (assessment 1) requires you to demonstrate considerable detailed product knowledge (LO1) and includes calculations of, for instance, yields of financial instruments.

The exam concerns a case study, for which you receive information both in advance of the exam and during the exam. The exam requires you to apply the advice processes discussed in the module to a realistic financial planning scenario or scenarios, with appropriate linkages to product characteristics (LOs 1-4).

Student Activity (Notional Equivalent Study Hours (NESH))
Mode of activityLearning & Teaching ActivityNESH (Study Hours)
Face To Face Lecture 12
Face To Face Practical classes and workshops 20
Independent Learning Guided independent study 168
Total Study Hours200
Expected Total Study Hours for Module200

Type of Assessment Weighting % LOs covered Week due Length in Hours/Words
Class Test 50 1 8 HOURS= 24.00
Centrally Time Tabled Examination 50 1-4 14/15 HOURS= 02.00, WORDS= 0
Component 1 subtotal: 50
Component 2 subtotal: 50
Module subtotal: 100

Indicative References and Reading List - URL:
Contact your module leader