Bachelor of Financial Advising

Approved Abbreviation: BFinAdv

Western Sydney University Course Code: 2727.4

AQF Level: 7

CRICOS Code: 061923G

Students should follow the course structure for the course version relevant to the year they commenced.  This version applies to students whose commencement year for this course was 2010 (Spring) or later.

Units may be revised or replaced to ensure students are provided with up to date curriculum throughout their studies, and this may result in a new course version. Refer to the Check My Course Progress page in MySR for the most up to date information for your course.

Commencement Year 2009 (Spring) - 2727.3 Bachelor of Financial Advising

Commencement Year Autumn 2008 to Spring 2009 - 2727.2 Bachelor of Financial Advising

Commencement Years 2006 or 2007 - 2727.1 Bachelor of Financial Advising

The Bachelor of Financial Advising is a professional degree course which is unique in its scope and coverage. The course is designed for individuals who seek specialist financial advising careers. It equips graduates with the necessary knowledge and skills and prepares them to face the challenges of working in the financial advising industry. The financial advising industry is an emerging area and this course will supply graduates who have undertaken a comprehensive program in one or more of the three complementary fields of accounting, taxation and financial planning. This course offers graduates the potential for diverse career paths and provides marketability in multiple areas of expertise.

Study Mode
Three years full-time or equivalent part-time.

Depending upon the electives and alternates chosen, this degree satisfies the accreditation requirements of the Financial Planning Association (FPA) and the Australian Securities and Investments Commission (ASIC), as well as CPA Australia (CPA), The Institute of Chartered Accountants in Australia (ICAA) and the Institute of Public Accountants (IPA) for entry into their programs respectively. In order to meet entry requirements to the Certified Financial Planning (CFP) professional educational programs offered by the FPA students will need to complete units in the financial planning stream. Upon completion of this degree, students may also be eligible to apply for registration with the Tax Practitioners Board. The required units to meet the preliminary educational requirements to gain recognition as a Tax Agent are included in the core units. However, students will also need to meet other educational and professional requirements as stipulated by the Tax Practitioners Board, to become a registered tax agent.


Eligibility for admission to the Bachelor of Financial Advising is based on the following requirements:

HSC Mathematics and English.

Applications from Australian and New Zealand citizens and holders of permanent resident visas must be made via the Universities Admissions Centre (UAC).

Applicants who have undertaken studies overseas may have to provide proof of proficiency in English. Local and International applicants who are applying through the Universities Admissions Centre (UAC) will find details of minimum English proficiency requirements and acceptable proof on the UAC website. Local applicants applying directly to the University should also use the information provided on the UAC website.

International applicants must apply directly to Western Sydney University via the International Office.

International students applying to The University through the International Office can find details of minimum English proficiency requirements and acceptable proof on their website.

Overseas qualifications must be deemed by the Australian Education International - National Office of Overseas Skills Recognition (AEI-NOOSR) to be equivalent to Australian qualifications in order to be considered by UAC and Western Sydney University.

Course Structure

Qualification for this award requires the successful completion of 240 credit points including the units listed in the recommended sequence below.

Students must have no more than 100 credit points of Level 1 units and no fewer than 60 credit points of Level 3 units.

Electives within the sequence may be used towards obtaining an approved major or sub-major offered by Western Sydney University. Students requiring professional accreditation must complete units in the relevant streams as well and are advised to use their electives to do so.

Accreditation with all Accounting bodies requires completion of the unit 200535 Auditing and Assurance Services in place of 200188 Systems Design and Audit in the below Accounting Stream.

Recommended Sequence


Year 1

Autumn session

200101Accounting Information for Managers
200184Introduction to Business Law
200525Principles of Economics
200182Quantitative Techniques

Spring session

200111Financial Accounting Applications
200116Management Accounting Fundamentals
200183Law of Business Organisations
200264Managing Professionals

Year 2

Autumn session

200554Law of Commercial Obligations
200187Taxation Law
200488Corporate Financial Management

One elective

Spring session

200747Professional Relationships and Communication in Business

And three electives

Year 3

Autumn session

200266State Taxes and GST

Choose one of

200267Advanced Accounting
200271Financial Services Law

Students wishing to follow the Financial Planning Stream must choose Financial Services Law, unit code 200271 .

And two electives

Spring session

200627Financial Planning
200186Advanced Taxation Law

And two electives

In addition to the core units previously listed, students choosing to complete the Accounting Stream or Financial Planning Stream, or streams, must include the specific units listed here under for each stream. It should be noted the tax units required for recognition as a Tax Agent are included in the core units.

200536 Intermediate Financial Accounting is a pre-requisite to study 200109 Corporate Accounting Systems. Therefore this unit is compulsory for students seeking Accounting qualification and accreditation.

Accounting Stream

200109Corporate Accounting Systems
200188Systems Design and Audit
200267Advanced Accounting

And five electives

Financial Planning Stream

200265Personal Asset Management
200272Insurance Advising - Theory and Practice
200624Estate and Succession Planning
200569Retirement Planning

And four electives

Major and Sub-major elective spaces

Elective units may be used toward obtaining an additional approved major (80 credit points) or sub-major (40 credit points).

Search for majors and sub-majors

Western Sydney University offers majors and sub-majors in a range of areas including Sustainability and Indigenous Studies.

Indigenous Australian Studies Major

Indigenous Australian Studies Sub-major

Indigenous Australian Creative Expressions Sub-major

Indigenous Economics Sub-major

Business Sustainability Sub-major

Students can apply for an elective major or sub-major via MySR.

MyStudentRecords (MySR)

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