Bachelor of Financial Advising

Approved Abbreviation: BFinAdv

Western Sydney University Course Code: 2727.3

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 2009 (Spring) or 2010 (Autumn).

Commencement Year 2010 (Spring) - 2727.4 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.

Students having completed the core units and the accounting stream units will have met the educational requirements for registration with the Tax Practitioners Board (TPB). 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.


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

  • HSC Mathematics and English.

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

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

Applicants who have undertaken studies overseas may have to provide proof of proficiency in English. Details of minimum English proficiency requirements and acceptable proof can be found on the Universities Admissions Centre website (UAC).

UAI or mature-age entry through the Universities Admissions Centre (UAC).

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

Full time

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
200270Financial Advisory Relationships

Year 2

Autumn session

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

One elective

Spring session

200264Managing Professionals

And three electives

Year 3

Autumn session

200266State Taxes and GST

And two electives

And one of the following units:

200267Advanced Accounting
200271Financial Services Law

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

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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