CORPFIN 3004 - Global Wealth Management
North Terrace Campus - Semester 2 - 2022
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General Course Information
Course Details
Course Code CORPFIN 3004 Course Global Wealth Management Coordinating Unit International Centre for Financial Services Term Semester 2 Level Undergraduate Location/s North Terrace Campus Units 3 Contact Up to 3 hours per week Available for Study Abroad and Exchange Y Incompatible CORPFIN 6004, CORPFIN 6013 Assessment Tests, group assignment and final exam Course Staff
Course Coordinator: Christopher Koch
Course Timetable
The full timetable of all activities for this course can be accessed from .
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Learning Outcomes
Course Learning Outcomes
On successful completion of this course students will be able to:
1. Identify the key trends that are shaping the wealth management industry. Global issues are explored with emphasis placed on Asia Pacific examples.
2. Compare the structures, operations, solutions and strategies of Private Banks and Family Offices in the Asia Pacific region
3. Examine the importance of client segmentation strategies
4. Explain the characteristics of various investor segments including; millennials, endowments and foundations, women and next generation.
5. Determine the core requirements of AML/CDD and KYC regulatory obligations.University Graduate Attributes
This course will provide students with an opportunity to develop the Graduate Attribute(s) specified below:
University Graduate Attribute Course Learning Outcome(s) Attribute 1: Deep discipline knowledge and intellectual breadth
Graduates have comprehensive knowledge and understanding of their subject area, the ability to engage with different traditions of thought, and the ability to apply their knowledge in practice including in multi-disciplinary or multi-professional contexts.
All Attribute 2: Creative and critical thinking, and problem solving
Graduates are effective problems-solvers, able to apply critical, creative and evidence-based thinking to conceive innovative responses to future challenges.
1, 2 & 4 Attribute 3: Teamwork and communication skills
Graduates convey ideas and information effectively to a range of audiences for a variety of purposes and contribute in a positive and collaborative manner to achieving common goals.
2 & 3 Attribute 4: Professionalism and leadership readiness
Graduates engage in professional behaviour and have the potential to be entrepreneurial and take leadership roles in their chosen occupations or careers and communities.
All Attribute 5: Intercultural and ethical competency
Graduates are responsible and effective global citizens whose personal values and practices are consistent with their roles as responsible members of society.
1 & 3 Attribute 8: Self-awareness and emotional intelligence
Graduates are self-aware and reflective; they are flexible and resilient and have the capacity to accept and give constructive feedback; they act with integrity and take responsibility for their actions.
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Learning Resources
Required Resources
Additional readings will be advised to students and listed under each topic in the MyUni web-site, course materials. -
Learning & Teaching Activities
Learning & Teaching Modes
The course will be primarily delivered through three activities:
- Lectures
- Assignments
- Tests
Lectures will introduce and motivate the basic concepts of each topic. Significant discussions and two-way communication are also expected during lectures to enrich the learning experience. The assignment will reinforce theoretical concepts by their application to problem solving. This will be done by using case studies. All material covered in the lectures and assignments are assessable.Workload
The information below is provided as a guide to assist students in engaging appropriately with the course requirements.
The University expects full-time students (i.e. those taking 12 units per semester) to devote a total of 48 hours per week to their studies. This means that for a three-unit course you are expected to commit approximately 9 hours of private study outside of your regular classes. This time commitment will include reading relevant materials, preparing for seminars, and other assessment tasks.
Learning Activities Summary
Week Topic Week 1 Introduction, Course Overview, Introduction to Wealth Management Week 2 & 3 Private Banks in Asia, Client Segmentation Strategies and Investment Management Week 4 & 5 Endowments, Foundations, The Rise of Family Offices and now Multi-Family Offices Week 6 Test week Week 7 & 8 Millennials and Wealth Management, Intergenerational Wealth Transfer, Multigenerational Business Leaders and Entrepreneurs Week 9 & 10 The key regulatory obligations: Anti Money-laundering (AML), Client Due Diligence (CDD), Know Your Client (KYC), PEP (Politically Exposed Person), SoW (Source of Wealth), SoF (Source of Funds) and sanctions checks. Week 11 & 12 Sustainable Investing and Funds Management
Course Review and Exam Details -
Assessment
The University's policy on Assessment for Coursework Programs is based on the following four principles:
- Assessment must encourage and reinforce learning.
- Assessment must enable robust and fair judgements about student performance.
- Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
- Assessment must maintain academic standards.
Assessment Summary
Assessment Task Weighting Due Learning Outcome Test – 1 Hour Multiple Choice Questionnaire (Closed book) 20% Week 6 (Lecture) 1 & 2 Group Assignment 30% Week 11 1, 3 & 4 3 hour Final Exam 50% Exam week ALL Total 100% Assessment Detail
Test – 1 hour multiple choice questionnaire (20%):
A short form multiple choice in-course assessment, with a 20% weighting, will be undertaken by students in week 6. The assessment will enable students to receive early feedback on their progress in the course.
Group Assignment (30%):
This is a group assignment in teams with a maximum of 3 students.
Students will be provided with a UHNW OR Family Office case study and will need to consider the appropriate segmentation strategy and develop an approach to delivering a tailored-client investment solution.
Exam (50%)
All students must complete a 3 hour exam. Topics will be set by the course lecturers covering topics through weeks 1-5, 7-11.
Students must complete ALL assessment components for this course.Submission
Presentation of Assignments
• Please must retain a copy of all assignments submitted.
• Please attach an ‘Assignment Cover Sheet’, which is signed and dated by you before submission.
• The lecturer will advise method of delivery for the assignment
Lecturers can refuse to accept assignments, which do not have a signed acknowledgement of the University’s policy on plagiarism.
Late Assignment Submission
Students are expected to submit their work by the due date to maintain a fair and equitable system. Extensions will generally only be given for medical or other serious reasons. All requests for extensions must be emailed to the lecturer in charge of the course before the due date. Each request will be assessed on its merits. A late assignment (without prior arrangement) will be penalised by a 5% mark reduction for each day that it is late.
Return of Assignments
Lecturer’s aim to mark and return assignments to students within two (2) weeks of the due date with written feedback. Students are responsible for collecting their marked assignments as advised via email. If assignments aren’t collected after two (2) weeks, the assignments will be available at the Student Hub for two (2) weeks. The remaining assignments will only be posted out to the students, if the correct mailing addresses are on the assignments.Course Grading
Grades for your performance in this course will be awarded in accordance with the following scheme:
M10 (Coursework Mark Scheme) Grade Mark Description FNS Fail No Submission F 1-49 Fail P 50-64 Pass C 65-74 Credit D 75-84 Distinction HD 85-100 High Distinction CN Continuing NFE No Formal Examination RP Result Pending Further details of the grades/results can be obtained from Examinations.
Grade Descriptors are available which provide a general guide to the standard of work that is expected at each grade level. More information at Assessment for Coursework Programs.
Final results for this course will be made available through .
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Student Feedback
The University places a high priority on approaches to learning and teaching that enhance the student experience. Feedback is sought from students in a variety of ways including on-going engagement with staff, the use of online discussion boards and the use of Student Experience of Learning and Teaching (SELT) surveys as well as GOS surveys and Program reviews.
SELTs are an important source of information to inform individual teaching practice, decisions about teaching duties, and course and program curriculum design. They enable the University to assess how effectively its learning environments and teaching practices facilitate student engagement and learning outcomes. Under the current SELT Policy (http://www.adelaide.edu.au/policies/101/) course SELTs are mandated and must be conducted at the conclusion of each term/semester/trimester for every course offering. Feedback on issues raised through course SELT surveys is made available to enrolled students through various resources (e.g. MyUni). In addition aggregated course SELT data is available.
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Student Support
- Academic Integrity for Students
- Academic Support with Maths
- Academic Support with writing and study skills
- Careers Services
- Library Services for Students
- LinkedIn Learning
- Student Life Counselling Support - Personal counselling for issues affecting study
- Students with a Disability - Alternative academic arrangements
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Policies & Guidelines
This section contains links to relevant assessment-related policies and guidelines - all university policies.
- Academic Credit Arrangements Policy
- Academic Integrity Policy
- Academic Progress by Coursework Students Policy
- Assessment for Coursework Programs Policy
- Copyright Compliance Policy
- Coursework Academic Programs Policy
- Intellectual Property Policy
- IT Acceptable Use and Security Policy
- Modified Arrangements for Coursework Assessment Policy
- Reasonable Adjustments to Learning, Teaching & Assessment for Students with a Disability Policy
- Student Experience of Learning and Teaching Policy
- Student Grievance Resolution Process
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Fraud Awareness
Students are reminded that in order to maintain the academic integrity of all programs and courses, the university has a zero-tolerance approach to students offering money or significant value goods or services to any staff member who is involved in their teaching or assessment. Students offering lecturers or tutors or professional staff anything more than a small token of appreciation is totally unacceptable, in any circumstances. Staff members are obliged to report all such incidents to their supervisor/manager, who will refer them for action under the university's student鈥檚 disciplinary procedures.
The 成人大片 is committed to regular reviews of the courses and programs it offers to students. The 成人大片 therefore reserves the right to discontinue or vary programs and courses without notice. Please read the important information contained in the disclaimer.
