AFX9870

International study program in banking and finance ( 6 points, SCA Band 2, 0.125 EFTSL)

Leader: Mr Roger Love

Offered:
Berwick SA-02 2006 (Day)
Caulfield SA-02 2006 (Day)
Clayton SA-02 2006 (Day)
Gippsland SA-02 2006 (Day)
Malaysia SA-02 2006 (Day)
Peninsula SA-02 2006 (Day)

Synopsis: This unit is designed to provide students with the conceptual foundations of the functions and institutions of the international financial system. To impart an understanding and appreciation of the current issues underlying the international area of finance, and to develop a practical understanding of the markets and financial techniques used by international banks and multinational organisations. To develop a practical understanding and appreciation of cultural differences within the area of international banking and finance through an overseas visitation program.

Objectives: To provide students with the conceptual foundations of the functions and instititions of the International Financial System. To impart an understanding and appreciation of the current issues underlying the international area of finance, and to develop a practical understanding of the markets and financial techniques used by international banks and multinational organisations. To develop a practical understanding and appreication of cultural differences within the area of international banking and finance through an overseas visitation program. Upon successful Completion of this unit students will: + Have an understanding of the history and structure of international financial markets. + Be able to explain and apply the theory of foreign exchange. + Be able to describe and appreciae the characteristics of interantional and foreign banking. + Understand the range of international financing and hedging techniques. + Be able to analyse and explain current international banking and finance issues. + Have an ability to communicate effectively in both written and oral form, work as a group and interact in culturally diverse environments.

Assessment: Group assignment 10% (2000 words) + Individual assignment (5000 words) 30% + Participation 10% + Examination 50%.

Contact Hours: The Unit will consist of 8 x 3-hour seminars in a two week block mode, followed by a three-week international visitation program consisting of at least eight 2-hour presentations by sponsor organisations in the Summer Semester.

Prerequisites: Completion of 2 six-point units at the graduate level.

Prohibitions: AFF9160