Financial Planning and Risk Management

Course Coordinator: Lee Cheuk Lam Victor, BA(Hons) (PolyU of HK); LLB (London); LLB (Shandong); LLM (HKU); CPA (Australia); CPA (USA); ACG; HKACG; CAMS; ANZIIF (Snr Assoc.)

Aims
The course aims to provide students with an understanding of personal financial planning and risk management, and an ability to critically analyse and advocate effective practices in personal financial planning in Hong Kong.

Contents
The course covers the following topics:

• Financial planning skills and a basic financial planning model
• Regulatory framework and financial planning tools
• Insurance planning and risk management (1): principles and life insurance
• Insurance planning and risk management (2): property, liability and other insurance
• Investment planning (1): principles
• Investment planning (2): applications in financial planning
• Tax planning
• Retirement planning
• Estate planning
• The practice of financial planning in Hong Kong

Contact hours
A total of 48 contact hours across one term, including 11 three-hour lectures and five three-hour tutorial classes. Students are also required to complete six additional self-study hours to prepare for the in-class assessment.

Assessment
The continuous assessment portion of the course accounts for 100% of the total course score. It consists of two written assignments (60%), an in-class assessment (10%), class participation (10%), and a compulsory oral presentation (20%). Students are required to submit written assignments via the Online Learning Environment (OLE).

Set book(s)
Billingsley, R S, Gitman, L J and Joehnk, M D (2021) Personal Financial Planning, 15th edn, Boston: Cengage Learning.