INFORMAZIONI SU QUESTO ARTICOLO

Cita

Figure 1:

Goetz, Tombs and Hampton (2005)
Goetz, Tombs and Hampton (2005)

Chart 1:

Graduate Survey of Self-Assessed Employability Skills
Graduate Survey of Self-Assessed Employability Skills

Financial Planning Profession Statistics

Financial Planning Profession All Female Male Working in FP Not Working in FP
N 38 10 28 18 20
Motivation to seek a career in the financial planning profession
I have family members in financial planning 0.0% 0.0% 0.0% 0.0% 0.0%
I have friends in financial planning 5.9% 0.0% 3.9% 0.0% 5.0%
I like managing money 70.6% 40.0% 31.4% 29.4% 35.0%
I like educating people about money 70.6% 25.0% 37.3% 35.3% 30.0%
I have seen friends/family members benefit from receiving financial planning advice 17.7% 10.0% 2.0% 5.9% 10.0%
I’m attracted to the remuneration 29.4% 20.0% 11.8% 8.8% 17.5%
I entered financial planning through another pathway, e.g. banking 20.6% 5.0% 11.8% 17.6% 2.5%
I don’t really know why I’m interested in financial planning 2.9% 0.0% 2.0% 2.9% 0.0%
Other (please specify)
Prospects of working in the financial planning industry
Excellent, I am already working in the industry 47.4% 40.0% 50.0% 100.0% 0.0%
Very good, I’m confident I’ll find work in the industry 23.7% 10.0% 28.6% 0.0% 25.0%
Good, I think I will find work in the industry and I’m willing to persist 21.1% 40.0% 14.3% 0.0% 60.0%
Not very good, it is a hard industry to get in to 7.9% 10.0% 7.1% 0.0% 15.0%
Very difficult, I do not think there is enough work available 0.0% 0.0% 0.0% 0.0% 0.0%
Relevance of your past work experience to the financial planning profession
Excellent, I have predominantly worked in financial planning 31.6% 30.0% 32.1% 61.1% 5.0%
Very good, I have predominantly worked in a related field, i.e. finance/accounting/banking 18.4% 10.0% 21.4% 22.2% 15.0%
Good, I have a skill set that is readily transferable to financial planning, i.e. client service officer, manager, sales assistant, waitperson etc. 29.0% 30.0% 28.6% 16.7% 40.0%
Not very relevant, the work experience I have is completely different. 13.2% 10.0% 14.3% 0.0% 25.0%
I don’t have any work experience. 7.9% 20.0% 3.6% 0.0% 15.0%
Duties expected to be the most challenging as a financial planner
Analysing financial products 8.8% 30.0% 0.0% 12.5% 10.0%
Meeting with clients 5.9% 0.0% 8.3% 6.3% 5.0%
Understanding what clients want to achieve 2.9% 0.0% 4.2% 0.0% 0.0%
Getting clients to adopt the strategy you constructed 11.8% 0.0% 16.7% 6.3% 15.0%
Organising time to get everything done 26.5% 20.0% 29.2% 18.8% 20.0%
Keeping up with professional development requirements 8.8% 0.0% 12.5% 6.3% 10.0%
Developing complex financial strategies 26.5% 40.0% 20.8% 37.5% 40.0%
Customer service and administrative duties 8.8% 10.0% 8.3% 12.5% 0.0%
Other (please specify)
Length of time expected to work as a paraplanner before becoming a financial advisor
Less than 1 year 7.9% 10.0% 7.1% 5.6% 10.0%
1-2 years 21.1% 20.0% 21.4% 5.6% 35.0%
2-3 years 15.8% 20.0% 14.3% 5.6% 25.0%
Longer than 3 years 7.9% 10.0% 7.1% 5.6% 10.0%
No time, after completion of my degree I will only apply for financial planning roles 10.5% 0.0% 14.3% 5.6% 15.0%
I am not intending on becoming a financial advisor and wish to remain a paraplanner 2.6% 10.0% 0.0% 0.0% 5.0%
I am currently a paraplanner and will transition to being a financial planner after I’ve finished my degree 5.3% 20.0% 0.0% 11.1% 0.0%
I am currently a financial planner 29.0% 10.0% 35.7% 61.1% 0.0%
Long-term aspirations to become a practice owner
Yes 55.3% 60.0% 53.6% 55.6% 55.0%
No 29.0% 40.0% 25.0% 11.1% 45.0%
I am currently a financial planning practice owner 15.8% 0.0% 21.4% 33.3% 0.0%
Support network for financial planning career journey
Yes I have family members I can ask for support and advice 23.7% 18.8% 16.2% 14.8% 20.0%
Yes I have friends I can ask for support and advice 21.1% 12.5% 16.2% 18.5% 12.0%
Yes I have a mentor in the financial planning industry I can ask for support and advice 34.2% 18.8% 27.0% 33.3% 16.0%
Yes I have a mentor in another industry I can ask for support and advice 10.5% 0.0% 10.8% 11.1% 4.0%
No, but I would like to have a mentor 29.0% 25.0% 18.9% 7.4% 36.0%
No, but I’ll figure it out on my own 18.4% 25.0% 10.8% 14.8% 12.0%
Importance of mentor gender
Yes my mentor is the same gender and I find this important 5.4% 0.0% 7.4% 5.6% 5.0%
Yes my mentor is the same gender but I wouldn’t mind if my mentor was the opposite sex 29.7% 0.0% 40.7% 38.9% 25.0%
No, my mentor is the opposite gender and I find this important 2.7% 0.0% 3.7% 0.0% 5.0%
No, my mentor is the opposite gender but I wouldn’t mind if my mentor was the same sex 10.8% 30.0% 3.7% 16.7% 5.0%
1 don’t have a mentor 51.4% 70.0% 44.4% 38.9% 60.0%

Extent to which Education Provider Develops Skills

Employability Skills All Female Male Working in FP Not working in FP
Very Low
Interpersonal 5.6% 11.1% 3.7% 5.9% 5.6%
Presentation 2.8% 11.1% 0.0% 5.9% 0.0%
Organisation and time management 2.8% 0.0% 3.7% 0.0% 5.3%
Writing 2.8% 0.0% 3.7% 0.0% 5.3%
Negotiating 19.4% 33.3% 14.8% 11.8% 26.3%
Marketing 20.0% 44.4% 11.5% 18.8% 21.1%
Critical thinking 0.0% 0.0% 0.0% 0.0% 0.0%
Problem-solving 0.0% 0.0% 0.0% 0.0% 0.0%
Leadership 13.9% 11.1% 14.8% 17.6% 10.5%
Business awareness 8.3% 11.1% 7.4% 11.8% 4.8%
Analysing information 0.0% 0.0% 0.0% 0.0% 0.0%
Takes initiative 5.7% 11.1% 3.8% 6.3% 5.3%
Enterprising 5.7% 11.1% 3.8% 5.9% 5.6%
Ability to apply knowledge in a work setting 0.0% 0.0% 0.0% 0.0% 0.0%
Lifelong learner 0.0% 0.0% 0.0% 0.0% 0.0%
Team player 11.1% 11.1% 11.1% 12.5% 10.5%
Being able to use technology 5.6% 11.1% 3.7% 5.9% 5.3%
Low
Interpersonal 16.7% 22.2% 25.9% 11.8% 22.2%
Presentation 25.0% 22.2% 25.9% 23.5% 27.8%
Organisation and time management 11.1% 22.2% 7.4% 0.0% 21.1%
Writing 2.8% 0.0% 3.7% 0.0% 5.3%
Negotiating 36.1% 44.4% 33.3% 41.2% 31.6%
Marketing 42.9% 44.4% 42.3% 50.0% 36.8%
Critical thinking 0.0% 0.0% 0.0% 0.0% 0.0%
Problem-solving 0.0% 0.0% 0.0% 0.0% 0.0%
Leadership 27.8% 22.2% 29.6% 23.5% 31.6%
Business awareness 25.0% 22.2% 25.9% 29.4% 28.6%
Analysing information 0.0% 0.0% 0.0% 0.0% 0.0%
Takes initiative 25.7% 22.2% 26.9% 25.0% 26.3%
Enterprising 34.3% 55.6% 26.9% 35.3% 33.3%
Ability to apply knowledge in a work setting 19.4% 11.1% 22.2% 18.8% 21.1%
Lifelong learner 13.9% 11.1% 14.8% 0.0% 22.2%
Team player 16.7% 11.1% 18.5% 12.5% 21.1%
Being able to use technology 5.6% 11.1% 7.4% 5.9% 5.3%
Moderate
Interpersonal 47.2% 44.4% 18.5% 47.1% 50.0%
Presentation 16.7% 11.1% 18.5% 29.4% 22.2%
Organisation and time management 27.8% 22.2% 29.6% 29.4% 26.3%
Writing 19.4% 33.3% 14.8% 17.6% 21.1%
Negotiating 30.6% 22.2% 33.3% 29.4% 31.6%
Marketing 17.1% 11.1% 19.2% 12.5% 21.1%
Critical thinking 30.6% 33.3% 29.6% 29.4% 31.6%
Problem-solving 27.8% 33.3% 25.9% 23.5% 27.8%
Leadership 25.0% 44.4% 18.5% 29.4% 21.1%
Business awareness 33.3% 33.3% 33.3% 35.3% 28.6%
Analysing information 11.1% 11.1% 11.1% 11.8% 10.5%
Takes initiative 22.9% 11.1% 26.9% 18.8% 26.3%
Enterprising 31.4% 11.1% 38.5% 41.2% 22.2%
Ability to apply knowledge in a work setting 33.3% 33.3% 33.3% 25.0% 42.1%
Lifelong learner 25.0% 11.1% 29.6% 23.5% 27.8%
Team player 25.0% 11.1% 29.6% 31.3% 21.1%
Being able to use technology 25.0% 22.2% 25.9% 23.5% 26.3%
High
Interpersonal 19.4% 22.2% 37.0% 17.6% 16.7%
Presentation 38.9% 44.4% 37.0% 11.8% 50.0%
Organisation and time management 33.3% 44.4% 29.6% 41.2% 26.3%
Writing 44.4% 55.6% 40.7% 41.2% 47.4%
Negotiating 11.1% 0.0% 14.8% 11.8% 10.5%
Marketing 11.4% 0.0% 15.4% 6.3% 15.8%
Critical thinking 33.3% 55.6% 25.9% 23.5% 42.1%
Problem-solving 44.4% 66.7% 37.0% 41.2% 50.0%
Leadership 27.8% 22.2% 29.6% 23.5% 31.6%
Business awareness 25.0% 33.3% 22.2% 17.6% 28.6%
Analysing information 55.6% 55.6% 55.6% 52.9% 57.9%
Takes initiative 28.6% 33.3% 26.9% 43.8% 15.8%
Enterprising 17.1% 11.1% 19.2% 11.8% 22.2%
Ability to apply knowledge in a work setting 30.6% 33.3% 29.6% 37.5% 26.3%
Lifelong learner 36.1% 33.3% 37.0% 47.1% 27.8%
Team player 38.9% 55.6% 33.3% 31.3% 42.1%
Being able to use technology 44.4% 33.3% 48.1% 41.2% 47.4%
Very High
Interpersonal 11.1% 0.0% 14.8% 17.6% 5.6%
Presentation 16.7% 11.1% 18.5% 29.4% 0.0%
Organisation and time management 25.0% 11.1% 29.6% 29.4% 21.1%
Writing 30.6% 11.1% 37.0% 41.2% 21.1%
Negotiating 2.8% 0.0% 3.7% 5.9% 0.0%
Marketing 8.6% 0.0% 11.5% 12.5% 5.3%
Critical thinking 36.1% 11.1% 44.4% 47.1% 26.3%
Problem-solving 27.8% 0.0% 37.0% 35.3% 22.2%
Leadership 5.6% 0.0% 7.4% 5.9% 5.3%
Business awareness 8.3% 0.0% 11.1% 5.9% 9.5%
Analysing information 33.3% 33.3% 33.3% 35.3% 31.6%
Takes initiative 17.1% 22.2% 15.4% 6.3% 26.3%
Enterprising 11.4% 11.1% 11.5% 5.9% 16.7%
Ability to apply knowledge in a work setting 16.7% 22.2% 14.8% 18.8% 10.5%
Lifelong learner 25.0% 44.4% 18.5% 29.4% 22.2%
Team player 8.3% 11.1% 7.4% 12.5% 5.3%
Being able to use technology 19.4% 22.2% 14.8% 23.5% 15.8%

Financial Planning Program Statistics

Financial Planning Program All Female Male Working in FP Not Working in FP
N 38 10 28 18 20
Education provider
Central Queensland University 2.6% 10.0% 0.0% 5.6% 0.0%
Charles Sturt University 0.0% 0.0% 0.0% 0.0% 0.0%
Curtin University of Technology 7.9% 0.0% 10.7% 5.6% 10.0%
Deakin University 5.3% 10.0% 3.6% 0.0% 10.0%
Financial Services Institute of Australia (Finsia) 0.0% 0.0% 0.0% 0.0% 0.0%
Griffith University 68.4% 70.0% 67.9% 83.3% 55.0%
Kaplan Higher Education 0.0% 0.0% 0.0% 0.0% 0.0%
La Trobe University 0.0% 0.0% 0.0% 0.0% 0.0%
RMIT University 0.0% 0.0% 0.0% 0.0% 0.0%
TAFE NSW Higher Education 0.0% 0.0% 0.0% 0.0% 0.0%
University of Adelaide 0.0% 0.0% 0.0% 0.0% 0.0%
University of Canberra 0.0% 0.0% 0.0% 0.0% 0.0%
University of New England 0.0% 0.0% 0.0% 0.0% 0.0%
University of NSW 5.3% 10.0% 3.6% 0.0% 10.0%
University of Southern Queensland 0.0% 0.0% 0.0% 0.0% 0.0%
University of the Sunshine Coast 5.3% 0.0% 7.1% 5.6% 5.0%
University of Wollongong 5.3% 0.0% 7.1% 0.0% 10.0%
Victoria University 0.0% 0.0% 0.0% 0.0% 0.0%
Western Sydney University 0.0% 0.0% 0.0% 0.0% 0.0%
Educational Attainment (assuming successful completion of current program)
Masters 39.5% 30.0% 42.9% 44.4% 35.0%
Graduate Diploma/Certificate 15.8% 20.0% 14.3% 16.7% 15.0%
Bachelor Degree 44.7% 50.0% 42.9% 38.9% 50.0%
GPA (equivalent out of 7)
Average 5.5 5.5 5.6 5.8 5.3
Median 5.6 5.6 5.7 5.9 5.3
Low 3.5 4.1 3.5 5.0 3.5
High 7.0 6.5 7.0 7.0 6.5
Expected time to complete program
In the next 6 months 29.0% 20.0% 32.1% 44.4% 10.5%
In the next 12 months 29.0% 10.0% 35.7% 27.8% 31.6%
Longer than 12 months 42.1% 70.0% 32.1% 27.8% 57.9%
Motivation to enrol in a financial planning program
To seek a career in financial planning 40.5% 26.7% 25.6% 8.7% 38.2%
To upskill 56.8% 33.3% 37.2% 47.8% 29.4%
To meet education requirements 37.8% 26.7% 23.3% 43.5% 11.8%
Career change 21.6% 13.3% 14.0% 0.0% 20.6%

Descriptive Statistics

Demographic and Socioeconomic Characteristics All Female Male Working in FP Not Working in FP
N 38 10 28 18 20
Sex
Male 73.7% 77.8% 70.0%
Female 26.3% 22.2% 30.0%
Age
20-29 47.4% 40.0% 53.8% 27.8% 68.4%
30-39 21.1% 40.0% 15.4% 27.8% 10.5%
40-49 7.9% 10.0% 7.7% 11.1% 5.3%
50-59 23.7% 10.0% 23.1% 33.3% 15.8%
Household Type
Couple No Children 23.7% 30.0% 21.4% 44.4% 5.0%
Couple with Children 31.6% 20.0% 35.7% 33.3% 30.0%
Single Parent Household 5.3% 10.0% 3.6% 5.6% 5.0%
Single Person Household 13.2% 10.0% 14.3% 5.6% 20.0%
Multiple Family/Share Accommodation/Other 26.3% 30.0% 25.0% 11.1% 40.0%
Aboriginal or Torres Strait Islander
Yes 2.6% 0.0% 3.6% 0.0% 5.0%
No 97.4% 100.0% 96.4% 100.0% 95.0%
First Language a language other than English
Yes 26.3% 40.0% 21.4% 22.2% 30.0%
No 73.7% 60.0% 78.6% 77.8% 70.0%
Employment status
Employed full-time 55.3% 40.0% 60.7% 77.8% 35.0%
Employed part-time/casual 26.3% 40.0% 21.4% 22.2% 30.0%
Not currently employed 18.4% 20.0% 17.9% 0.0% 35.0%
Current level of income (including Centrelink and family payments)
$0-$25,000 21.1% 20.0% 23.1% 5.6% 35.0%
$25,000-$50,000 21.1% 30.0% 19.2% 11.1% 30.0%
$50,000-$75,000 21.1% 30.0% 11.5% 22.2% 20.0%
$75,000-$100,000 7.9% 0.0% 11.5% 16.7% 0.0%
$100,000 and over 29.0% 20.0% 34.6% 44.4% 15.0%
Current level of net wealth (estimated value of all assets less all liabilities)
Less than $0 13.2% 10.0% 14.3% 0.0% 25.0%
$0-$100,000 47.4% 60.0% 42.9% 44.4% 50.0%
$100,000-$500,000 10.5% 10.0% 10.7% 5.6% 15.0%
$500,000-$1,000,000 10.5% 0.0% 14.3% 22.2% 0.0%
$1,000,000 and over 18.4% 20.0% 17.9% 27.8% 10.0%

Self-Assessed Employability Skills

Employability Skills All Female Male Working in FP Not working in FP
Very Low
Interpersonal 0.0% 0.0% 0.0% 0.0% 0.0%
Presentation 0.0% 0.0% 0.0% 0.0% 0.0%
Organisation and time management 0.0% 0.0% 0.0% 0.0% 0.0%
Writing 0.0% 0.0% 0.0% 0.0% 0.0%
Negotiating 0.0% 0.0% 0.0% 0.0% 0.0%
Marketing 0.0% 0.0% 0.0% 0.0% 0.0%
Critical thinking 0.0% 0.0% 0.0% 0.0% 0.0%
Problem-solving 0.0% 0.0% 0.0% 0.0% 0.0%
Leadership 0.0% 0.0% 0.0% 0.0% 0.0%
Business awareness 0.0% 0.0% 0.0% 0.0% 0.0%
Analysing information 0.0% 0.0% 0.0% 0.0% 0.0%
Takes initiative 0.0% 0.0% 0.0% 0.0% 0.0%
Enterprising 0.0% 0.0% 0.0% 0.0% 0.0%
Ability to apply knowledge in a work setting 0.0% 0.0% 0.0% 0.0% 0.0%
Lifelong learner 0.0% 0.0% 0.0% 0.0% 0.0%
Team player 0.0% 0.0% 0.0% 0.0% 0.0%
Being able to use technology 0.0% 0.0% 0.0% 0.0% 0.0%
Low
Interpersonal 2.6% 0.0% 3.6% 0.0% 5.0%
Presentation 0.0% 0.0% 0.0% 0.0% 0.0%
Organisation and time management 0.0% 0.0% 0.0% 0.0% 0.0%
Writing 0.0% 0.0% 0.0% 0.0% 0.0%
Negotiating 7.9% 20.0% 3.6% 0.0% 15.0%
Marketing 21.6% 30.0% 18.5% 29.4% 15.0%
Critical thinking 0.0% 0.0% 0.0% 0.0% 0.0%
Problem-solving 0.0% 0.0% 0.0% 0.0% 0.0%
Leadership 2.6% 0.0% 3.6% 0.0% 0.0%
Business awareness 0.0% 0.0% 0.0% 0.0% 0.0%
Analysing information 2.6% 0.0% 3.6% 0.0% 5.0%
Takes initiative 0.0% 0.0% 0.0% 0.0% 0.0%
Enterprising 0.0% 0.0% 0.0% 0.0% 0.0%
Ability to apply knowledge in a work setting 0.0% 0.0% 0.0% 0.0% 0.0%
Lifelong learner 0.0% 0.0% 0.0% 0.0% 0.0%
Team player 5.3% 10.0% 3.6% 0.0% 5.0%
Being able to use technology 5.3% 0.0% 7.1% 5.6% 5.0%
Moderate
Interpersonal 10.5% 10.0% 10.7% 5.6% 15.0%
Presentation 21.1% 30.0% 17.9% 11.1% 30.0%
Organisation and time management 23.7% 0.0% 32.1% 38.9% 10.0%
Writing 21.1% 30.0% 17.9% 16.7% 25.0%
Negotiating 26.3% 30.0% 25.0% 22.2% 30.0%
Marketing 35.1% 40.0% 33.3% 23.5% 45.0%
Critical thinking 13.2% 10.0% 14.3% 5.6% 20.0%
Problem-solving 10.5% 10.0% 10.7% 5.6% 15.0%
Leadership 31.6% 20.0% 35.7% 27.8% 36.8%
Business awareness 13.2% 10.0% 14.3% 16.7% 10.0%
Analysing information 13.2% 20.0% 10.7% 11.1% 15.0%
Takes initiative 13.2% 10.0% 14.3% 5.6% 20.0%
Enterprising 50.0% 50.0% 50.0% 44.4% 55.0%
Ability to apply knowledge in a work setting 5.3% 0.0% 7.1% 5.6% 5.0%
Lifelong learner 15.8% 10.0% 17.9% 11.1% 20.0%
Team player 15.8% 20.0% 14.3% 29.4% 5.0%
Being able to use technology 15.8% 0.0% 21.4% 27.8% 5.0%
High
Interpersonal 47.4% 40.0% 50.0% 44.4% 50.0%
Presentation 52.6% 40.0% 57.1% 61.1% 45.0%
Organisation and time management 55.3% 60.0% 53.6% 44.4% 65.0%
Writing 60.5% 40.0% 67.9% 66.7% 55.0%
Negotiating 39.5% 50.0% 35.7% 38.9% 40.0%
Marketing 37.8% 30.0% 40.7% 41.2% 35.0%
Critical thinking 47.4% 40.0% 50.0% 55.6% 40.0%
Problem-solving 52.6% 40.0% 57.1% 55.6% 50.0%
Leadership 42.1% 50.0% 39.3% 50.0% 36.8%
Business awareness 57.9% 60.0% 57.1% 66.7% 50.0%
Analysing information 39.5% 40.0% 39.3% 38.9% 40.0%
Takes initiative 50.0% 30.0% 57.1% 61.1% 40.0%
Enterprising 39.5% 40.0% 39.3% 44.4% 35.0%
Ability to apply knowledge in a work setting 65.8% 70.0% 64.3% 72.2% 60.0%
Lifelong learner 42.1% 50.0% 39.3% 38.9% 45.0%
Team player 39.5% 40.0% 39.3% 29.4% 50.0%
Being able to use technology 47.4% 70.0% 39.3% 38.9% 55.0%
Very High
Interpersonal 39.5% 50.0% 35.7% 50.0% 30.0%
Presentation 26.3% 30.0% 25.0% 27.8% 25.0%
Organisation and time management 21.1% 40.0% 14.3% 16.7% 25.0%
Writing 18.4% 30.0% 14.3% 16.7% 20.0%
Negotiating 26.3% 0.0% 35.7% 38.9% 15.0%
Marketing 5.4% 0.0% 7.4% 5.9% 5.0%
Critical thinking 39.5% 50.0% 35.7% 38.9% 40.0%
Problem-solving 36.8% 50.0% 32.1% 38.9% 35.0%
Leadership 23.7% 30.0% 21.4% 22.2% 26.3%
Business awareness 29.0% 30.0% 28.6% 16.7% 40.0%
Analysing information 44.7% 40.0% 46.4% 50.0% 40.0%
Takes initiative 36.8% 60.0% 28.6% 33.3% 40.0%
Enterprising 10.5% 10.0% 10.7% 11.1% 10.0%
Ability to apply knowledge in a work setting 29.0% 30.0% 28.6% 22.2% 35.0%
Lifelong learner 42.1% 40.0% 42.9% 50.0% 35.0%
Team player 39.5% 30.0% 42.9% 41.2% 40.0%
Being able to use technology 31.6% 30.0% 32.1% 27.8% 35.0%
eISSN:
2206-1355
Lingua:
Inglese