La Trobe takes on the AMP Challenge

La Trobe students have the opportunity to participate in the AMP University Challenge for 2012 and gain first hand practical experience and exposure to the financial planning industry.

University ChallengeThe competition, which opens 30 July, will also provide La Trobe students with the chance to gain credits towards their financial planning studies.  

The AMP Challenge provides a unique opportunity for students to utilise their technical knowledge together with communication skills within in a real-world scenario.  It is open to all Australian university students both part time and full time from any academic discipline.*  This year the number of registrations has doubled and La Trobe entrants are up for the exciting challenge with the goal of again taking out the top prize. 

Last year saw student entries from a number of universities throughout Australia with La Trobe students winning both first and third place. Marc Olynyk, Senior Lecturer in Financial Planning says the opportunity for students to network and to present their work to leading industry professionals was an invaluable learning opportunity.

‘The practical experience gained from the AMP University Challenge complements our financial planning courses and the work-based learning approach that we integrate into our curriculum. A third of all students took up the challenge last year and we would like all our students to participate this year,’ says Mr. Olynyk.

Students who entered the competition last year gained credits towards an assignment in the Capstone financial planning subject, which focuses on developing strategies for managing and protecting wealth. By teaching the principles of financial planning through practical and real-life situations, students gain a deeper understanding of the concepts of financial planning and develop analytical and problem solving skills based on satisfying the objectives of a real client. 

Michelle Walker, the La Trobe Bachelor of Business student who took out first place in the AMP challenge last year says meeting industry experts and others students was ‘a really rewarding experience’.

Ms Walker beat 41 others entrants and won $5,000 for herself and a $10,000 grant for the University. She was awarded the top prize by AMP CEO Craig Dunn and AMP Financial Services Managing Director Craig Meller.

As one of the market leaders in finance education in Australia, La Trobe’s programs are designed to provide students with the tools that are required to succeed in this lucrative and expanding sector of the economy. La Trobe offers several undergraduate and postgraduate courses in financial planning that are accredited on the ASIC Register of RG 146 compliant training courses.

For semester 2 students who are interested in participating, the competition opens on 30 July.

* Except for those that are representatives of any financial services entity.

To find out more or enter the AMP University Challenge, please visit www.universitychallenge.com.au

ENDS
Katrinka Szuhan
Marketing Officer (Media & Events)
T (03) 9479 6707  E k.szuhan@latrobe.edu.au 

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