|Year of offer||2017|
|Subject level||Undergraduate Level 1|
|Fees||Subject EFTSL, Level, Discipline & Census Date|
This subject introduces students to finance and provides them with fundamental principles and institutional knowledge to progress in the discipline. Topics include direct financing and security yields, banking and the money market, the bond and equity markets, offshore finance and foreign exchange, the behaviour of financial variables, interest rate risk management and derivative securities. These topics will be used to illustrate fundamental financial concepts such as risk, return, and present value.
Intended learning outcomes
- Provide an overview of a `developed' financial system
- Distinguish between the basic types of financial instruments and their main institutional users and issuers
- Appreciate basic concepts in finance, including risk, return, arbitrage, primary claims and contingent claims
- Apply financial mathematical techniques to financial instruments
- Explain the operation of capital and derivatives markets reflect upon the process of financial innovation
High level of development: interpretation and analysis; critical thinking; synthesis of data and other information; accessing data and other information from a range of sources.
Moderate level of development: oral communication; written communication; problem solving; statistical reasoning; application of theory to practice; evaluation of data and other information.
Some level of development: collaborative learning; team work; use of computer software.