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
Organisational Unit
Department of Banking and Finance
Chief examiner(s)
Dr Minh Do
(First semester)
Dr Hue Hwa Au Yong
(Second semester)
Unit guides
Co-requisites
Students must be enrolled in course B6004.
Synopsis
Topics include development of money and financial markets and financial flows analysis; intermediation; economic role of the different financial institutions; determination of interest rates and yield curve analysis in financial markets; exchange rates and money supply; sources of short-term, medium-term and long-term finance; sources of overseas borrowing; an introduction to interest rate and exchange rate management; performance of the financial system.
Outcomes
The learning goals associated with this unit are to:
- compare and contrast specific types of financial institutions, instruments and markets in order to explain the distinctions between their operations, usage and regulation
- critically evaluate the assumptions and conventional wisdom relating to the term structure of interest rates and foreign exchange rates
- develop academic skills by accessing electronic data sources and hard copy references to evaluate a case study assignment
- develop an ability to work in a team by requiring syndicates to submit written solutions to assigned case studies, and thereby demonstrate effective interpersonal communication skills and develop a team orientated approach to work effectively as a team member to produce a professional quality business document solving financial institution related issues
- demonstrate in an individual summative assessment task the acquisition of a comprehensive understanding of the components and functioning of capital markets in an open economy as exemplified by the unit.
Assessment
Within semester assessment: 40% + Examination: 60%
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