Bachelor of Business – Financial Planning major

Bachelor of Business – Financial Planning major

Your guide to majoring in Financial Planning with the Bachelor of Business at RMIT.

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Student type:
Learning mode:
On campus
Entry score:

ATAR 67.05*
Guaranteed ATAR 70.00

Duration:
Full-time 3 years
Part-time 6 years
Fees:

Commonwealth supported places

Next intake:
February, July
Location:
Melbourne City
Learning mode:
On campus
Entry score:

See admissions

Duration:
Full-time 3 years
Fees:

AU$41,280 (2024 annual)

Next intake:
February, July
Location:
Melbourne City

Introduction to the major

When you choose the Financial Planning major in the Bachelor of Business at RMIT University, you are undertaking a recognised and accredited major with subjects that will equip you with the expertise to provide professional financial advice in a range of areas including personal planning, taxation, estate planning, superannuation, retirement planning, insurance and investment planning.

The Financial Planning major will develop your financial knowledge, analytical skills and decision-making abilities, enabling you to work as a qualified professional financial planner and in other finance sector roles. More specifically, you will learn how to identify the appropriate risk profile of individual investors to recommend matching asset allocations into bonds, shares and property markets.

As you develop your core skills towards obtaining a financial planner licence and Financial Advice Association Australia (FAAA) membership, you will also learn about the changing regulatory and legal environment in Australia. Additionally, you will gain knowledge around common tax effective investments and superannuation strategies to achieve potential clients' goals and objectives. 

Students who also complete Financial Planning and Tax minor meet the Financial Adviser Standards and Ethics Authority (FASEA)’s approved degree requirement.

About the Bachelor of Business

With the Bachelor of Business at RMIT you will enjoy a cross-disciplinary, flexible and personalised degree that allows you to pursue a range of diverse interest areas across business. You will gain practical real-world experience throughout your degree with the College of Business and Law and our industry partners.

About the Bachelor of Business Professional Practice

The Bachelor of Business Professional Practice is a four-year degree offering you access to all the options within the three-year Bachelor of Business, complemented by an exclusive internship of up to one year and Work Integrated Learning experiences. 

Why choose to major in Financial Planning with the Bachelor of Business?

Tailor your learning

Undertake in-depth study in Financial Planning, complemented with a choice from 14 majors and 32 minor areas.

Concrete goals

Work towards obtaining a financial planner licence and Financial Advice Association Australia (FAAA) membership.

Transferable, future proofed skills

Equip yourself with sought after skills to start your professional life.

The RMIT business school appealed because it offered such a broad array of majors under its Bachelor of Business. My love of the stock market lead me toward financial planning specifically.

- David Saynor - Bachelor of Business (Financial Planning) 

Career outcomes

The Bachelor of Business opens up a wide range of career opportunities which you can choose to focus on based on how you tailor your subject selection. Our wide range of industry partners and real-life focus produces industry demanded graduates.

Throughout your major, you'll take courses focused on Financial Planning throughout a range of areas including personal planning, taxation, estate planning, superannuation, retirement planning, insurance and investment planning.

Graduates of the Bachelor of Business who choose to major in Financial Planning may go onto careers in the following roles:

  • financial planner
  • wealth manager 
  • retirement planner
  • risk manager
  • compliance officer 
  • financial consultant
  • financial educator.

Subject selection guide

The following guide will help you understand what your subject plan will look like if you decide to major in Financial Planning with the Bachelor of Business:

You will undertake eight subjects focusing on;:

 

Additionally, if you are wanting to obtain and meet Financial Adviser Standards and register as a Financial Planner following graduation, you must complete the Financial Planning Major plus the following three (3) subjects from the Financial Planning and Tax minor:

 

  • ACCT1060 Managerial Advisory Finance 
  • LAW2453 Taxation 1
  • LAW 2442 Business Law.

Key to subject selection

Essential Course (must be completed first) “”
Introductory Course *
Intermediate Course +
Advanced Course #
Capstone Course ^

Complementary majors and minors

By integrating a second major or a range of minors you will deepen your expertise in a specialised area while gaining a well-rounded understanding of how your chosen interest's principles intersect with other fields.

This combination of knowledge and skills will prepare you for the complexities of the modern business landscape and equip you to make a meaningful impact in your chosen career path.

All majors and minors in the Bachelor of Business are complementary. Suggested combinations are listed below: 

Financial Planning and Tax minor

The Financial Planning and Tax minor will help to secure your future as an accredited financial planner.

Economics major

The Economics major will help teach you understand the behaviour of individuals, organisations and governments in the face of scarcity.

Management and Change major

The Management and Change major provides knowledge and skills you need to manage organisational change, identifying potential barriers, communicating change and creating a change management plan.

Global Business major

The Global Business major will provide you with knowledge and skills in international trade, cross-cultural communication and global business strategy.

Bachelor of Business full course information

This is just one of the 14 majors that you can choose from. Visit the Bachelor of Business course page to find full course information, explore your study options, and get details on entry requirements, pathways, fees, plan structure and how to apply.

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Acknowledgement of Country

RMIT University acknowledges the people of the Woi wurrung and Boon wurrung language groups of the eastern Kulin Nation on whose unceded lands we conduct the business of the University. RMIT University respectfully acknowledges their Ancestors and Elders, past and present. RMIT also acknowledges the Traditional Custodians and their Ancestors of the lands and waters across Australia where we conduct our business - Artwork 'Luwaytini' by Mark Cleaver, Palawa.

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aboriginal flag
torres strait flag

Acknowledgement of Country

RMIT University acknowledges the people of the Woi wurrung and Boon wurrung language groups of the eastern Kulin Nation on whose unceded lands we conduct the business of the University. RMIT University respectfully acknowledges their Ancestors and Elders, past and present. RMIT also acknowledges the Traditional Custodians and their Ancestors of the lands and waters across Australia where we conduct our business.

More information