Faculty of Business and Economics

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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, Postgraduate - Unit

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


Business and Economics

Organisational Unit

Department of Banking and Finance



  • First semester 2016 (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 BFX4000.


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 0181 or 0171 or 4416 to undertake this unit.