精东传媒app

Financial management of core bank activities is a highly complex task requiring a broad range of financial skills. Banks must obtain funding from various sources in order to extend loans. They must generate sufficient return to cover their funding costs while maintaining adequate levels of liquidity. They must balance the returns they make against a range of financial risks including capital risk, interest rate risk, liquidity risk, foreign exchange risk, operational risk and credit risk. Banks undertake a range of on-balance-sheet and off-balance sheet activities and operate in local, national and international markets. In addition to interest costs and revenues, banks incur a range of non-interest costs and generate various non-interest revenues including fees and charges, commissions and capital gains. This course aims to provide students a broad knowledge of these various activities and to equip students with skills relevant to the management of such activities.

This course provides a broad appraisal of authorized deposit taking institutions (ADIs), and the associated decision making processes of the financial services sector in Australia. A range of topics is addressed including: the Australian financial environment; understanding financial statements; evaluating returns, risks and performance; the yield curve and gap management; the management of liabilities, liquidity, the securities portfolio and capital; and hedging and pricing with various interest rate derivatives. Formerly FIN2109.

On successful completion of this course, students should be able to:

1. synthesise financial institution treasury management concepts, regulations, principles and processes required to manage capital, liabilities, securities, interest rates, hedging activities and overall bank performance;
2. think critically, constructively and logically about the rationale behind regulatory developments in the banking sector and their likely impacts;
3. communicate clearly and concisely through presenting banking knowledge and industry relevant concepts and forecasts;
4. apply banking-related knowledge and technical skills to solve problems faced by financial services professionals in the management of financial institutions;
5. demonstrate the literacy and numeracy skills required of financial services professionals by interpreting industry reports and undertaking the range of calculations that face managers of financial institutions (including management of the repricing gap and duration gap);
6. work collaboratively to address banking industry developments and implications.