Financial Markets and Institutions

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 and equity securities. Financial instruments: properties, uses and valuation of typical financial instruments: equities; bonds; bills and discount-type instruments. Financial institutions: operations and role of banks and managed/superannuation funds: bank regulations. Risk and financial instruments: identifying and describing risks.

Textbook(s)

Hunt, B & Terry, C 2018, Financial Institutions and Markets, 8th Edition, Cengage Learning, South Melbourne, Australia.

Prerequisite(s)

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

Corequisite(s)

Nil

Teaching method

Component	Duration
INTERNAL, CITY WEST
Preparatory	1 x 1 week
Lecture	2 hours x 10 weeks
Tutorial	1.5 hours x 8 weeks
Computer Practical	1.5 hours x 2 weeks
INTERNAL, CITY WEST (INTENSIVE)
Seminar	35 hours x N/A
EXTERNAL, CITY WEST, ONLINE
External	35 hours x NA
INTERNAL, OFFSHORE, TAYLOR'S BUSINESS SCHOOL
Workshop	35 hours x NA

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

Assessment

Continuous assessment, Examination, Project

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:
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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:
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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.