成人大片

CORPFIN 3004 - Global Wealth Management

North Terrace Campus - Semester 2 - 2023

Course description: This course looks at the structure and strategies of the Wealth Management industry in the Asia-Pacific region. It explores the needs of high net worth investors and the asset classes in which they invest. The rapid growth of private banking and family offices are explored in detail. Private Banking is an exclusive subset of wealth management. We will examine traditional services offered by private banks and investment banks, as well as the newer solutions in this space. Emphasis will be placed on understanding the client segmentation and asset allocation strategies of private banks in Asia. In addition, we explore the needs, behaviours and investment strategies of millennials, next generation investors, endowments and foundations. Sustainable investing and impact investing will be explored as they become a key area of interest for both wealth managers and investors.

  • 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: Dr Syed Zamin Ali

    Course Timetable

    The full timetable of all activities for this course can be accessed from .

  • 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 6: Australian Aboriginal and Torres Strait Islander cultural competency

    Graduates have an understanding of, and respect for, Australian Aboriginal and Torres Strait Islander values, culture and knowledge.

    .

    Attribute 7: Digital capabilities

    Graduates are well prepared for living, learning and working in a digital society.

    .

    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.

    1 & 4
  • 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:

    1. Assessment must encourage and reinforce learning.
    2. Assessment must enable robust and fair judgements about student performance.
    3. Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
    4. Assessment must maintain academic standards.

    Assessment Summary

    Assessment Task Weighting Due Learning Outcomes
    Test – 1 Hour (Closed book)

    15%

    Week 6 (Lecture) 1 & 2
    Group Assignment 25% Week 11 1, 3 & 4
    3-hour Final Exam 60% Exam week ALL
    Total 100%
    Assessment Detail
    Test – 1 hour (15%):
    A short form in-course assessment, with a 15% 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 (25%):
    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 (60%)
    All students must complete a 3-hour exam. Topics will be set by the course lecturers covering topics through weeks 1-5, and 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 .

  • 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.

  • Student Support
  • Policies & Guidelines
  • 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.

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