Collaborating with Industry to Enhance Financial Planning and Accounting Education

Australasian Accounting Business and Finance Journal, 2012, Vol 6(4), 2012, pp 79-93

6 Pages Posted: 29 Nov 2012 Last revised: 23 Nov 2015

See all articles by Mark Brimble

Mark Brimble

Griffith University - School of Accounting, Banking and Finance - Nathan and Logan Campuses; Centre for Financial Independence and Education

Craig Cameron

Griffith University

Brett Freudenberg

Griffith University - Griffith Business School; Griffith University - Griffith Law School

Campbell Fraser

Griffith University - Griffith Business School

Kirsten MacDonald

Griffith University

Date Written: November 28, 2012

Abstract

Higher education is integral to the professionalisation of financial planning in Australia. However, the traditional separation between ‘content’ and ‘practice’ in tertiary curriculum does not necessarily equip students with the skills required to apply the content in a professional context. Contexualisation of the financial planning curriculum requires collaboration between higher education institutions and the profession to develop authentic learning environments, such as work-integrated learning (WIL). This paper describes the collaboration by one Australian university to develop a professionally integrated Financial Planning and Accounting degree and provides evidence of its impact from an industry perspective. The results reveal a high level of industry satisfaction with the degree, substantial professional integration, as well as the development of students’ professional skills. Students also developed an improved impression of the university, its students and its staff.

Keywords: financial planning, education, generic skills, work integrated learning, wil, internship, collaboration

JEL Classification: I20

Suggested Citation

Brimble, Mark and Cameron, Craig and Freudenberg, Brett and Fraser, Campbell and MacDonald, Kirsten, Collaborating with Industry to Enhance Financial Planning and Accounting Education (November 28, 2012). Australasian Accounting Business and Finance Journal, 2012, Vol 6(4), 2012, pp 79-93. Available at SSRN: https://ssrn.com/abstract=2182250

Mark Brimble (Contact Author)

Griffith University - School of Accounting, Banking and Finance - Nathan and Logan Campuses ( email )

University Drive
Logan, Queensland 4131
Australia
(07) 373 55311 (Phone)

Centre for Financial Independence and Education ( email )

Brisbane, Queensland 4111
Australia

Craig Cameron

Griffith University ( email )

Brisbane, Queensland 4111
Australia
55587623 (Phone)

Brett Freudenberg

Griffith University - Griffith Business School ( email )

Brisbane, Queensland 4111
Australia

Griffith University - Griffith Law School ( email )

Nathan Campus, GU
Nathan 4111
Australia

Campbell Fraser

Griffith University - Griffith Business School ( email )

Brisbane, Queensland 4111
Australia

Kirsten MacDonald

Griffith University ( email )

Brisbane, Queensland 4111
Australia

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