Monash University Handbook 2011 Undergraduate - Unit

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

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