Undergraduate - UnitAFC2000 - Financial institutions and markets

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

Synopsis

The unit provides a broad overview of the functioning of a developed financial system. Coverage includes retail and wholesale payments systems; the roles of deposit-taking institutions; insurance corporations and funds management within the financial system; and their sources and application of funds. The role and function of the main financial markets including the money market, bond market, share market, foreign exchange market and derivatives market. The role and responsibilities of the central bank and prudential supervisor.

Outcomes

The learning goals associated with this unit are to:

1. describe the institutions, instruments and markets that comprise a developed financial system
2. apply the concepts and techniques used by financial professionals in the debt, equity, foreign exchange and derivative markets
3. define the specialist terms and language of finance
4. apply the knowledge of financial mathematics to the pricing and valuation of equity, debt and derivative instruments
5. apply critical thinking, problem solving and presentation skills to individual and/or group activities dealing with introductory finance and demonstrate in an individual summative assessment task the acquisition of a comprehensive understanding of the topics covered by AFC2000.

Assessment

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

Chief examiner(s)

Dr Minh Do

Contact hours

3 hours per week

Prohibitions

AFC1100, AFC2100, AFF1300, AFG1300, AFW1300