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Consultation on Finance Learning Standards

What is it about?

Under the Tertiary Education Quality Standards Agency (TEQSA) legislation, all higher education institutions are required to be able to demonstrate that their internal processes for design and approval of each degree, and the standards achieved by their students, are benchmarked against external standards. Published learning standards provide a reference point for benchmarking. They are guidelines about what graduates of a program should know and be able to do.

The Australian Business Deans Council (ABDC) commissioned the development of learning standards in higher education finance programs. The development of these learning standards has the support of the Australian Finance and Accounting Association of Australia and New Zealand (AFAANZ).

A Working Party, consisting primarily of finance academics, developed the standards through collaboration and Australia-wide consultation with higher education providers and industry professional bodies. The process and outcomes was guided by an Expert Advisory Group, from the private and public sectors. To learn more about Finance Learning Standards in Australia see the project’s website where the final of learning standards for bachelor and masters programs (coursework) is available. Comments can be made directly to the Finance Standards Working Party through their website

Why is the consultation important?

The consultation is an opportunity for academics and interested parties to have their say in developing Finance Learning Standards for Australia. Each workshop was an open forum where the aim, process and outcomes was explained, followed by a discussion. The aim of the workshops was to capture feedback to be shared with the Working Party in developing the next draft. 

The consultative process was also an opportunity to reflect on our purpose as finance educators. What are the core knowledge and skills that we want our graduates to have attained at the completion of their coursework Bachelors or Masters Degree?

When were the consultations held?

City

Date

              Time                 

Location

Perth

Monday 2 June

11.30am-1.00pm

The University of Western Australia

Perth

Tuesday 3 June

10.00am-11.30am

Curtin University

Sydney

Tuesday 17 June

10.00am-1130am

University of Technology, Sydney

Sydney

Tuesday 17 June

2.00pm-3.30pm

Macquarie University

Sydney

Wednesday 18 June

10.00am-11.30am

The University of Sydney

Sydney

Wednesday 18 June

2.00pm-3.30pm

The University of N.S.W.

Canberra

Thursday 19 June

10.00am-11.30am

University of Canberra

Canberra

Thursday 19 June

1.00pm-2.30pm

Australian National University

Melbourne

Wednesday 25 June

12.00pm-1.30pm

The University of Melbourne

Adelaide

Thursday 26 June

11.00am-12.30pm

The University of Adelaide

Adelaide

Thursday 26 June

2.00pm-3.30pm

University of South Australia

Melbourne

Friday 27 June

10.00am-11.30am

Monash University

Melbourne

Friday 27 June

2.00pm-3.30pm

Deakin University

Brisbane Monday 30 June 10.30am - 12.00pm University of Queensland 
Brisbane Monday 30 June 2.00pm - 3.30pm  Griffith University 
Brisbane  Tuesday 1 July  10.30am - 12.00pm  Queensland University of Technology 
Brisbane  Tuesday 1 July 2.00pm - 3.30pm  Australian Catholic University 
Toowoomba  Wednesday 2 July  10.30am - 12.00pm  University of Southern Queensland 

Consultations at a given campus are open to academic colleagues from another campus.