| Semester 2, 2023 Online | |
| Units : | 1 |
| School or Department : | School of Business |
| Grading basis : | Graded |
| Course fee schedule : | /current-students/administration/fees/fee-schedules |
Staffing
Course Coordinator:
Requisites
Pre-requisite: FIN8201
Overview
A study of financial markets and instruments involves an examination of the working of different types of financial markets and the characteristics of the different instruments used by companies and governments. A clear understanding of financial markets and instruments is essential for the practising finance manager. It would help him/her to effectively manage risk, raise new capital, and invest surplus funds. These concepts are also invaluable for financial service professionals and fund managers.
This course examines the structure, operation and performance of the global financial system, using principles of financial and monetary economics. Students are introduced to a selection of financial markets, institutions and instruments, the operations of which largely determine key financial variables that affect decisions to save and invest in the real economy. The main components of the Australian financial system and how they relate to major markets in the world are explained. In addition, a number of uniquely international financial institutions are examined, and a number of contemporary topics such as the recent global financial crisis are discussed.
Course learning outcomes
On successful completion of this course, students should be able to:
- apply basic financial economic theoretical skills to explaining the workings of the domestic and international financial systems;
- demonstrate a working knowledge of the institutional framework for financing economic activity by applying it to specific settings;
- discuss issues covering the monitoring, regulation, structure, conduct and performance of both the domestic and international financial system;
- demonstrate a working knowledge of the financial products that are available and their applications;
- acquire an introductory understanding of risk management concepts and apply it to specific settings;
- demonstrate an ability to effectively communicate the results of an analysis;
- demonstrate the creativity required of a financial services professional through innovative and original analysis and reporting.
Topics
| Description | Weighting(%) | |
|---|---|---|
| 1. | Introduction to financial markets and institutions; financial calculations | 5.00 |
| 2. | Commercial banking | 10.00 |
| 3. | Interest rates, yield curve and monetary policy | 15.00 |
| 4. | Debt securities and markets | 20.00 |
| 5. | Interest rate risk management | 15.00 |
| 6. | Equity markets | 15.00 |
| 7. | Foreign exchange markets | 10.00 |
| 8. | Contemporary issues in finance | 10.00 |
Text and materials required to be purchased or accessed
Student workload expectations
To do well in this subject, students are expected to commit approximately 10 hours per week including class contact hours, independent study, and all assessment tasks. If you are undertaking additional activities, which may include placements and residential schools, the weekly workload hours may vary.
Assessment details
| Description | Group Assessment |
Weighting (%) | Course learning outcomes |
|---|---|---|---|
| Quiz 1 | No | 15 | 1,2 |
| Quiz 2 | No | 20 | 1,2 |
| Problem Solving | No | 15 | 3,4,5,6,7 |
| Time limited online examinatn | No | 50 | 3,4,5,6,7 |