RMIT proposes financial planning exhange
Former FPA president Wes McMaster is proposing a student exchange program for financial planning students as one of the new initiatives at RMIT.
McMaster has taken up his role as adjunct professor at RMIT and says he is already talking to a number of overseas universities in Europe about the program.
"If we do get it started, a student could go to Europe and study a couple of subjects and they would be credited to the course here," McMaster says.
It is envisaged a student would spend six months in either Europe or Australia to gain a feel for a particular subject. This could cover areas such as how European stock markets work or day-to-day financial planning operations in Australia.
"RMIT is very expert in student exchange programs in other disciplines, so it is keen to expand that experience into financial planning," McMaster says.
It is also hoped the exchange program could be extended to students studying part-time. He says they could take a six-month sabbatical from work to participate in an exchange.
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