MAA255 - Money, Wealth, and You
| Year: | 2025 unit information |
|---|---|
| Enrolment modes: | Trimester 1: Burwood (Melbourne), Waterfront (Geelong), Online Trimester 2: Burwood (Melbourne), Online |
| Credit point(s): | 1 |
| EFTSL value: | 0.125 |
| Prerequisite: | MAF101 or MAA104 |
| Corequisite: | Nil |
| Study commitment | Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit. This will include educator guided online learning activities within the unit site. |
| Scheduled learning activities - campus | 1 x 1.5 hour on-campus lecture (recordings provided) and 1 x 1.5 hour on-campus seminar (recordings provided) each week. |
| Scheduled learning activities - online | 1 x 1.5 hour recorded lecture and 1 x 1.5 hour online seminar (recordings provided) each week. |
Content
This unit introduces students to the essentials of personal finance and wealth building. Students will learn how to manage their personal finances effectively and develop strategies for building wealth over time. Key topics include superannuation, insurance, investments, debt management, investment strategies, and taxation.
The unit also explores the broader economic, political, social, and legal environments and how they influence personal financial decision-making. Through practical examples and real-world applications, students will gain valuable financial literacy skills and strategies that can be applied in their everyday lives. This engaging and practical unit is designed to equip students with the knowledge and skills to make informed financial decisions and to work towards the achievement of financial goals and long-term wealth generation.
Hurdle requirement
Hurdle requirement: achieve a result of at least 50% on the end-of-unit assessment Task plus achieve an overall result of 50 marks out of 100 marks available to evidence a minimum proficiency in the aligned accounting discipline learning outcomes included in this unit
Unit Fee Information
Fees and charges vary depending on the type of fee place you hold, your course, your commencement year, the units you choose to study and their study discipline, and your study load.
Tuition fees increase at the beginning of each calendar year and all fees quoted are in Australian dollars ($AUD). Tuition fees do not include textbooks, computer equipment or software, other equipment or costs such as mandatory checks, travel and stationery.
For further information regarding tuition fees, other fees and charges, invoice due dates, withdrawal dates, payment methods visit our Current Students website.