units

BFF5977

Faculty of Business and Economics

18 September 2017 22 December 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

Postgraduate - 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

Coordinator(s)

Mr Tony Cusack

Offered

Caulfield

  • First semester 2016 (Evening)
  • Second semester 2016 (Evening)

Synopsis

Topics include the evaluation of risk; financing tools; retention and transfer; insurance; non insurance; pre and post loss funding; retention and self insurance decisions; insurance and reinsurance principles and practices for the corporate buyer; deductible selection models; management and administration of losses and insurance claims; institutional factors, accounting factors, including taxation and government incentives; captive insurance companies; international considerations; financial transfer by contract.

Outcomes

The learning goals associated with this unit are to:

  1. develop critical skills in understanding, analysing and applying concepts and models relating to risk management by the treasury of an organisation
  2. develop an understanding of optimum capital structure, maximisation of firm value and investment risk management faced by the treasury
  3. explain the link between theory of derivative products, insurance products and credit derivatives such as securitisation and the real world situation
  4. develop writing and presentation skills by requiring the submission of group assignments relating to existing practices followed by the banks
  5. develop the ability to work independently by requiring presentation of tutorials answers relating to risk management by the financial institutions
  6. demonstrate in an individual summative assessment task the acquisition of a comprehensive understanding of the topics covered by BFF5977.

Assessment

Within semester assessment: 50%
Examination: 50%

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)

Professor Christine Brown

Prohibitions

AFF9770