ECF3510 Assessment Answers Australia

Do you possess interest in building wealth for business and personal clients? The unit ECF3510 (Personal Finance) within the Bachelor of Business course could provide you the fundamentals to attain that goal. If you are pursuing this course, you must be well aware that drafting ECF3510 assessment answers could lead to the sleepless nights. During the course, if you get stuck with assignment tasks and require trusted or authentic ECF3510 Personal Finance assignment help services in Australia, you can hire the highly qualified professionals at Sample Assignment. They are available round the clock to provide the most efficient guidance on ay related topic.

The unit introduces students with personal financial planning, such as, ideas and best-practice methodologies in association with financial decision making for individuals. It involves the development of financial skills in students in areas including risk/return trade-off, risk management, direct or indirect investment in property and securities, retirement planning, and superannuation. The students will develop an understanding of the basic financial concepts along with their applications in business and personal contexts.

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List of Institutes or Universities in Australia Offering Personal Finance Related Qualifications

• University of South Australia
• Curtin University
• University of New England
• University of New Castle
• Griffith University
• Deakin University
• Australian National University
• TAFE New South Wales
• Monash University
• University of Melbourne
• Queensland University of Technology
• Victoria University
• University of Technology Sydney

The aforementioned universities or institutes in Australia are renowned for their quality of teaching and research and theyoffer distinct inter-related degree courses. If you are studying in any of these universities, then it is very important to follow all marking rubrics and meet deadlines while composing any assessment tasks.

Topics Related to Personal Finance

The personal finance unit includes the study of following topics:

• Financial decision-making
• Financial planning
• Personal financial statements
• Budgeting
• Control of personal finances
• Financial complications: personal insurance and income taxes
• Evaluation of borrowing alternatives: utilising credit and different forms of consumer loans
• Comparison of interest rates
• Adjustment for fees
• Applications to the evaluation of personal or housing loans
• Affordability and budgetary considerations
• Evaluation of alternatives of personal investment: investment planning
• Conceptualising of risk and returns
• Investment in financial assets
• Applications to investments in shares and other assets
• Borrowing and its impact on the risks
• Alternative investments
• Overview of products in the financial planning industry

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Learning Outcomes of the Unit

After completing the unit successfully, students will become capable in:

• Demonstrating proficiency in the applications of time and value of money concepts and methodologies to decisions of personal financial management
• Evaluating personal investment and borrowing substitutes and their implications for the personal wealth accumulation
• Formulating and utilising personal financial budgets as devices to plan and control the personal finances
• Explaining fundamental concepts in correlation with risk and return relevant to the planning of personal investment and financial management decision.

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Career Opportunities

On successful completion of the personal finance related course, candidates will be equipped to pursue their career as a para-planner, provisional financial adviser, and one of the several roles which support the financial advice provision to consumers. They may also find opportunities in superannuation, insurance, options, futures, and foreign exchange trading. The major employment sectors are listed below:

• Government and Treasury
• Banking and Financial Services
• Consultancies and Enterprises
• Not-For-Profit

The potential job roles in this sector are mentioned below:

• Economist
• Accountant
• Adviser
• Stockbroker
• Provisional Financial Adviser
• Treasurer
• Para-Planner
• Client Services Officer

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Our Experts Discuss the Approach to Draft Assignment Solution on ECF3510

Our world leading experts will provide you the conceptual and applied knowledge in this field of finance. Gain technical capabilities and gain creative capacity by connecting with our experts to address the big challenges and complete the real life projects connected with industries. The experts encourage students to follow the below mentioned approach to draft a perfect assessment solution:

• Check the type of assignment (projects, portfolios, essay, reports, email communications, articles, case studies, thesis or dissertation, literature review, tutorials, etc.) and formulate the solution accordingly.
• Note down the desired referencing style (APA, MLA, Chicago, etc.).
• Look for the required formatting style before commencing the assignment solution.
• Carefully note down the overview of the assignment and then prepare a draft after conducting in-depth and high performance computing research.
• Write the assignment solution by strictly following the marking rubrics provided by the university.
• Incorporate their problem solving, critical thinking skills, and clinical practice skills along with knowledge of the personal finance decision making tools, techniques and processes, financial budgets, personal insurance, income tax, consumer credit, personal investment decisions, and leverages investment to solve different personal finance assignments.
• Include all necessary elements, software, and methodologies desired in the assignment.
• After completion of the assignment solution written in a perfect layout format with proper citation of references, read the file at-least twice or thrice to rectify any error.

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