Monash University Handbook 2010 Undergraduate - Unit

Synopsis

An overview of the role of equity markets. Topics cover types of equity instruments; the role of equity finance and the stockbroker; trading conventions and listing requirements of the ASX; the structure and operation of major overseas stock exchanges; an introduction to market micro structure theory; the enterprise market; other markets of the ASX; current issues related to Australia's equity markets.

Objectives

The learning goals associated with this unit are to:

1. explain the importance of the equity market for the economy and for a corporation
2. apply different equity valuation techniques
3. appraise the efficient market hypothesis and evidence of anomalies
4. undertake a trading simulation exercise and complete a stock report
5. apply critical thinking, problem solving and presentation skills to individual and/or group activities dealing with dealing with equity markets and demonstrate in an individual summative assessment task the acquisition of a comprehensive understanding of the topics covered by AFF2701.

Assessment

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

Chief examiner(s)

Cameron Truong

Contact hours

3 hours per week

Prerequisites

AFF1300, ETX1100