Overview Learning Outcomes | Master of Personal Financial Planning (MPFP)

LEARNING OUTCOMES MASTER OF PERSONAL FINANCIAL PLANNING (MPFP)

1. Dublin Descriptors

For the Master of Personal Financial Planning the Dublin Descriptors are specified below.

D1. Knowledge and understanding

The Master in Personal Financial Planning enhances its participant’s knowledge needed to assess a client’s degree of financial independence. Civil law (estate planning), social law (contingency and retirement planning), tax law (fiscal optimization) and investment analysis (investment planning) are covered in depth. The transfer of knowledge and understanding is achieved in a number of ways: lectures, class discussions, case studies, reading and presentation assignments, workshops, etc.

This can be found in learning objectives L1, L2, L3, L4 and L6.

D2. Applying knowledge and understanding

Integrating the theoretical knowledge into tailor-made client solutions is a key learning objective of the program. This is achieved by stimulating a problem solving mentality in our teaching methods. Integrated case study’s and the Master projects, force the participant toward out of the box thinking to reconcile the objectives of the client with the legal, fiscal, social and economic constraints.

Learning objectives L1, L2, L3, L4, L5 and L6 all apply.

D3. Making judgments

With the highest respect for ethical issues, participants need to make judgments in all the courses. These judgments include choosing the planning tools that have the best fit with the client’s objectives, the tools that are optimal from a tax point of view, …

The aspect of making judgments can be found in learning objectives L1, L2, L3, L4 and L6.

D4. Communication

Clients need to be willing to give a lot of information on very personal matters (such as heritage, solidarity between partners …). In order to capture the objectives of the client communication skills are being improved. Communicating the results of the planning process is equally challenging. Clients need to understand the strategies proposed and the impact on their personal lives of alternatives. Skills in written and verbal communication are enhanced through case studies, master projects and presentations.

Learning objectives L1, L2, L3, L4, L5 and L6 are all relevant.

D5. Learning skills

Since the financial planning environment changes constantly, participants need to be able to digest new legislation, court rulings, and academic papers in an independent way. Self-instruction becomes more and more important towards the end of the program. Also the skills to implement planning techniques are stimulated.

All learning objectives (L1, L2, L3, L4, L5 and L6) are involved.

2. Learning Objectives

The Master of Personal Financial Planning aims to provide the participants with a thorough theoretical understanding of personal financial planning concepts, the know-how how different domains intervene with each other and the ability to optimize and manage the personal financial situation of his client. The following learning objectives (L) and qualifications can be determined:

L1. A profound knowledge of the methods and techniques of personal financial planning in order to determine the goals of the client and to insure a maximum degree of financial independence in every stage of his life;

L2. An up to date knowledge of the relevant legal environment i.e. civil law, tax law, company law, social and pension law, …

L3. A theoretical understanding of investment theory and the necessary skills to implement modern investment theory in Excel;

L4. The ability to integrate the various functional domains within real life cases;

L5. Professional negotiation, communication and presentation skills.

L6. Masters of Personal Financial Planning will excel in their professionalism, taking into account the highest standards of ethics.