units

BFW1300

Faculty of Business and Economics

18 September 2017 25 November 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

Not offered in 2016

Synopsis

On completion of this unit students should demonstrate an understanding of a financial system, its operation and component parts; yield curve analysis, the term structure of interest rates, and exchange rate interaction; sources and types of business finance, short, medium and long term, domestic and overseas, and associate pricing formulae; the structure and operation of Australian financial institutions and markets; the major types of risk and the derivative products available to manage financial risk; the structure, functions and role of prudential supervision in the financial markets.

Outcomes

The learning goals associated with this unit are to:

  1. describe the structure and operation of financial institutions and markets in Australia
  2. evaluate short and medium to longer term financial instruments
  3. explain government monetary policy and the term structure of interest rates
  4. describe the derivative products available to manage financial risk
  5. apply critical thinking, problem solving and presentation skills to individual and/or group activities dealing with money and capital markets and demonstrate in an individual summative assessment task the acquisition of a comprehensive understanding of the topics covered by BFW1300.

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)

Professor Keshab Shrestha

Prohibitions

AFC2000, BFC2000, AFC1100 (pre 2009), AFC2100 (pre 2009), AFF1300, BFF1300, AFG1300, BFG1300, AFW1300, BFB1300