FPC002B Ethics and Professionalism in Financial Advice (aligns to FASEA bridging course: Ethics for Professional Advisers)

This subject examines the ethical and professional obligations of financial advisers through the broad lens of ethical and professional theoretical frameworks. The obligations imposed by the values and standards of the FASEA Code of Ethics are explained and examined in detail. Students will develop the ability to recognise and respond appropriately to dilemmas that may arise in the course of providing advice.

For more information, please refer to the subject outline.

   1300 135 798

Ask a question

Enrol now

  • Learning Outcomes
    • On successful completion of this subject, individuals should be able to:

      1.    Explain the role of ethical frameworks and professional standards within the financial planning profession.

      2.    Assess the impacts of cognitive, judgement and decision biases on financial advisers and their clients.

      3.    Demonstrate an understanding of professional obligations and conduct required by the values and standards of the FASEA Code of Ethics.

      4.    Identify and solve ethical dilemmas encountered as a financial adviser through application of ethical frameworks and professional standards.

  • Subject content
    • Topic Title
      Topic 1 Introduction to ethics, including individual cognitive bias and sources of judgement and decision bias
      Topic 2 The concept of professionalism
      Topic 3 The financial planning profession and the FASEA Code of Ethics
      Topic 4 Values underpinning the FASEA Code of Ethics
      Topic 5 The application of the FASEA Code of Ethics – Ethical behaviour (Standards 1 – 3)
      Topic 6 The application of the FASEA Code of Ethics – Client care (Standards 4 – 6)
      Topic 7 The application of the FASEA Code of Ethics – Quality process (Standards 7 – 9)
      Topic 8 The application of the Code of Ethics – Professional commitment (Standards 10 – 12)
      Topic 9 Contemporary issues in ethics and professionalism

  • Assessment
    • Assessment Type Description Week Topics Weighting
      Analysis Task Research and reflection task Week 4 1-3 20%
      Assignment Assignment (case study/scenario based long and short answer questions) Week 8 1-7 40%
      Examination Multiple-choice questions and case study/scenario based short answer questions Week 12 1-9 40%

  • Pre-requisites
    • There are no pre-requisites for this subject.

  • Equivalent and incompatible subjects
    • Equivalent subject(s): None

      Incompatible subject(s): FPC002 Applied Financial Planning

  • Reading list
    • There are no prescribed texts for this subject.

  • Recognition of Prior Learning (RPL)
    • No RPL process is available for this subject.

  • Key Dates
    • Study Period 4-6 2019

      Principal dates Study Period 4 Study Period 5 Study Period 6
      Enrolments open 29-Apr-19 20-Jun-19 02-Sep-19
      Study period commences 08-Jul-19 02-Sep-19 11-Nov-19
      Census 24-Jul-19 18-Sep-19 27-Nov-19
      Study period ends 27-Sep-19 22-Nov-19 31-Jan-20

      Study Period 1-3 2020

      Principal dates Study Period 1 Study Period 2 Study Period 3
      Enrolments open 28-Oct-19 16-Dec-19 24-Feb-20
      Study period commences 06-Jan-20 09-Mar-20 04-May-20
      Census 22-Jan-20 25-Mar-20 20-May-20
      Study period ends 27-Mar-20 29-May-20 24-Jul-20

      Note: no early access will be available for this course.


  • Fees
    • Enrolment fees Fee
      Subject fee AUD $2,400

      Note: If this subject is undertaken as a standalone subject, no FEE-HELP is available.

      FEE-HELP is available for individuals undertaking this subject as part of a qualification. Click here to find out if you’re eligible.

      Click here for a full list of fees and allowances.

  • How to enrol
    • FASEA Bridging Courses can be located under the following category within the enrolment portal:

      • Financial Services – Postgraduate

      Choose the following under ‘Select Course’:

      • FASEA Bridging Courses

      You will then be required to select your chosen study period. Once you have completed this, select the ‘Ethics and Professionalism in Financial Advice’ subject. 

      Click here to enrol.

      Need help?

      Talk to a Student Adviser on 1300 135 798.