AFX3871 - International study program in banking and finance

Leader: Mr Roger Love

Offered

Berwick Summer semester A 2007 (Day)
Caulfield Summer semester A 2007 (Day)
Clayton Summer semester A 2007 (Day)
Gippsland Summer semester A 2007 (Day)
Malaysia Summer semester A 2007 (Day)
Peninsula Summer semester A 2007 (Day)

Synopsis

The 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

The learning objectives of this unit are to:

• compare and contrast the structure of banking and financial markets internationally through an international study program;
• explain parity theories and their application to foreign exchange markets;
• develop a practical understanding and appreciation of culture in the development of national banking and finance activities;
• evaluate academic and professional papers in international banking and finance;
• apply critical thinking, problem solving and presentation skills in individual and/or group activities dealing with international banking and finance.

Assessment

Group assignment (2000 words): 10%
Individual assignment (3000 words): 30%
Participation: 10%
Examination: 50%

Contact hours

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

Must have passed 8 accounting or finance units, including one of AFF2631, AFF2401, AFF2341 or AFC2140

Prohibitions

AFF3331, AFW3331