Faculty of Business and Economics

Monash University

Postgraduate - Unit

This unit entry is for students who completed this unit in 2015 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.

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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.

FacultyFaculty of Business and Economics
Organisational UnitDepartment of Banking and Finance
OfferedCaulfield First semester 2015 (Day)


Students will be introduced to research methodologies used in finance and will prepare a research proposal. The primary focus is on understanding the process of scientific research, which includes topic identification, literature review, hypothesis development, data requirements and appropriate empirical methodologies.


The learning goals associated with this unit are to:

  1. prepare a research proposal in finance
  2. prepare a literature review that demonstrates knowledge of essential literature
  3. develop research questions and testable hypotheses
  4. devise empirical methodologies appropriate for testing the research hypotheses
  5. develop technical and computing skills that facilitate research
  6. apply critical thinking, problem solving and presentation skills in individual and/or group activities dealing with research methods and demonstrate in an individual summative assessment task the acquisition of a comprehensive understanding of the topics covered by BFX5000.


Within semester assessment: 75%
Examination: 25%

Workload requirements

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

See also Unit timetable information

Chief examiner(s)


Students must be enrolled in course 3818 OR 4412 and have the permission of the Course Coordinator (or delegate) to undertake this unit.