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Area/Catalogue
BANK 1005

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Course Level
Undergraduate

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Offered Externally
Yes

Note: This offering may or may not be scheduled in every study period. Please refer to the timetable for further details.

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Course ID
011941

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Unit Value
4.5

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University-wide elective course
No

Course owner

Course owner
School of Commerce

Course aim

This course introduces students to the operations and functions of the financial markets and financial institutions. The emphasis is on how markets work, how instruments are priced, how they are traded and why they are used.

Course content

Time value of money: principles of compounding and discounting. Financial markets: functions and operations of the financial markets for debt, equity and derivative securities. Financial instruments: properties, uses and valuation of typical financial instruments: equities; bonds; bills and discount-type instruments and derivative securities. Financial institutions: operations and role of banks and managed/superannuation funds: bank regulations. Risk and financial instruments: identifying and describing risks; use of futures and options to manage risks.

Textbook(s)

Hunt, B & Terry, C 2015, Financial Institutions and Markets, 7th Edition, Cengage Learning, South Melbourne, Australia.

Prerequisite(s)

Common to all relevant programs
Subject Area & Catalogue Number Course Name
ACCT 1008 Accounting for Business
MATH 1053 Quantitative Methods for Business

Corequisite(s)

Nil

Teaching method

Component Duration
INTERNAL, CITY WEST
Lecture 2 hours x 13 weeks
Tutorial 1.5 hours x 12 weeks
EXTERNAL, CITY WEST, DISTANCE EDUCATION
External x 13 weeks
INTERNAL, OFFSHORE, TAYLOR'S BUSINESS SCHOOL
Lecture 2 hours x 14 weeks
Tutorial 2 hours x 13 weeks

Note: These components may or may not be scheduled in every study period. Please refer to the timetable for further details.


Assessment

Assignment, Tutorial work, Written examination

Fees

EFTSL*: 0.125
Commonwealth Supported program (Band 3)
To determine the fee for this course as part of a Commonwealth Supported program, go to:
How to determine your Commonwealth Supported course fee. (Opens new window)

Fee-paying program for domestic and international students
International students and students undertaking this course as part of a postgraduate fee paying program must refer to the relevant program home page to determine the cost for undertaking this course.

Non-award enrolment
Non-award tuition fees are set by the university. To determine the cost of this course, go to:
How to determine the relevant non award tuition fee. (Opens new window)

Not all courses are available on all of the above bases, and students must check to ensure that they are permitted to enrol in a particular course.

* Equivalent Full Time Study Load. Please note: all EFTSL values are published and calculated at ten decimal places. Values are displayed to three decimal places for ease of interpretation.

Course Coordinators

Mr Harjap Bassan
Mr Harjap Bassan arrow-small-right

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