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  3. Financial Markets and Instruments

Financial Markets and Instruments (FNCE90047)

Graduate courseworkPoints: 12.5On Campus (Parkville)

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Year of offer2019
Subject levelGraduate coursework
Subject codeFNCE90047
Semester 1
Semester 2
FeesSubject EFTSL, Level, Discipline & Census Date

The structure of the financial system; terminology, trading and pricing of money and capital market instruments; duration, value at risk, financial market volatility; term structure of interest rates; inflation, interest rates and indexed securities; regulation of securities markets and financial institutions; market; tax treatment of financial institutions; tax and company finance; futures markets; options markets; forward rate agreements; swaps; developments in retail financial markets.

Intended learning outcomes

On successful completion of this subject students should be able to:

  • Analyse the nature of financial markets and explain the principles by which financial markets operate;
  • Describe the major institutional participants and markets;
  • Explain the risk return spectrum and the characteristics of financial instruments;
  • Describe derivatives and explain how they are used in the management of financial risk;
  • Apply the theory of regulation to current markets and critically assess the current regulatory structures.

Generic skills

On successful completion of this subject, students should have improved the following generic skills:

  • Oral communication
  • Written communication
  • Collaborative learning
  • Problem solving
  • Team work
  • Statistical reasoning
  • Application of theory to practice
  • Interpretation & analysis
  • Critical thinking
  • Synthesis of data and other information
  • Evaluation of data and other information
  • Using computer software
  • Accessing data and other information from a range of sources

Last updated: 20 August 2019