units

BFC2000

Faculty of Business and Economics

18 September 2017 20 April 2024

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This unit entry is for students who completed this unit in 2016 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.

Monash University

6 points, SCA Band 3, 0.125 EFTSL

Undergraduate - Unit

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

Faculty

Business and Economics

Organisational Unit

Department of Banking and Finance

Offered

Clayton

  • Second semester 2016 (Day)

Malaysia

  • Second semester 2016 (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:

  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 BFC2000.

Assessment

Within semester assessment: 30%
Examination: 70%

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)

Dr John Vaz

Prohibitions

AFC1100, AFC2100, AFF1300, BFF1300, AFG1300, BFG1300, AFW1300, BFW1300, BFB1300, AFC2000