Undergraduate - UnitBFC2000 - Financial institutions and markets

This unit entry is for students who completed this unit in 2014 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

print version

6 points, SCA Band 3, 0.125 EFTSL

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

Level	Undergraduate
Faculty	Faculty of Business and Economics
Organisational Unit	Department of Banking and Finance
Offered	Clayton First semester 2014 (Day) Clayton Second semester 2014 (Day) Malaysia Second semester 2014 (Day)

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:

describe the institutions, instruments and markets that comprise a developed financial system
apply the concepts and techniques used by financial professionals in the debt, equity, foreign exchange and derivative markets
define the specialist terms and language of finance
apply the knowledge of financial mathematics to the pricing and valuation of equity, debt and derivative instruments
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 BFC2000.