AFF5230 - Financial markets and long-term funding

Offered

Caulfield First semester 2009 (Day)
Caulfield First semester 2009 (Evening)
Caulfield Second semester 2009 (Day)
Caulfield Second semester 2009 (Evening)

Synopsis

Topics include an introduction to the financial markets; the theoretical foundation of capital structure; the Australian debt and equity markets; international debt and equity markets; the Australian and US legal provisions relative to capital markets; securitisation; credit ratings.

Objectives

The learning goals associated with this unit are to:

• become skilled in understanding the structure of International financial markets
• acquire an understanding of the range of financial products available in International financial markets
• acquire an appreciation of the implications of International securities and tax law on International financial markets
• develop a set of academic skills which include the ability to work independently, evaluate academic papers in terms of the application of finance theories to the International financial markets, search the web and to submit assignments on time
• develop excellent oral and written communication skills to be able to analyse case studies and to lead/participate in groups from diverse cultural and social backgrounds.

Assessment

Within semester assessment: 30%
Examination (3 hours): 70%

Contact hours

3 hours per week

Co-requisites

Students must be enrolled in course 0504, 2619, 3189, 3818 or 3850 to undertake this unit