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Financial Markets and Instruments (FNCE90047)

Graduate courseworkPoints: 12.5Dual-Delivery (Parkville)

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Overview

Availability
Semester 1 - Dual-Delivery
Semester 2 - Dual-Delivery
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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: 12 November 2022

Eligibility and requirements

Prerequisites

Admission into one of the following:

  • MC-FIN Master of Finance
  • GD-FIN Graduate Diploma in Finance
  • MC-FINANCE Master of Finance
  • MC-FINENH Master of Finance (Enhanced)

Corequisites

None

Non-allowed subjects

None

Inherent requirements (core participation requirements)

The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.

Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home

Last updated: 12 November 2022

Assessment

DescriptionTimingPercentage

Group assignment (normally groups of 5-6 students).

  • 4000 words
From Week 7 to Week 930%

End-of-semester examination

  • 3 hours
During the examination period70%

Last updated: 12 November 2022

Dates & times

  • Semester 1
    Principal coordinatorOliver Randall
    Mode of deliveryDual-Delivery (Parkville)
    Contact hoursThree hours of lectures and seminars per week
    Total time commitment170 hours
    Teaching period28 February 2022 to 29 May 2022
    Last self-enrol date11 March 2022
    Census date31 March 2022
    Last date to withdraw without fail 6 May 2022
    Assessment period ends24 June 2022
  • Semester 2
    Principal coordinatorAndrea Lu
    Mode of deliveryDual-Delivery (Parkville)
    Contact hoursThree hours of lectures and seminars per week
    Total time commitment170 hours
    Teaching period25 July 2022 to 23 October 2022
    Last self-enrol date 5 August 2022
    Census date31 August 2022
    Last date to withdraw without fail23 September 2022
    Assessment period ends18 November 2022

Time commitment details

Estimated total time commitment of 170 hours per semester

Last updated: 12 November 2022

Further information

  • Texts

    Prescribed texts

    Kidwell D., M. Brimble, L. Lenten, P. Docherty, P. Mazzola and A. Basu,
    Financial Markets, Institutions and Money, 3rd Edition, Wiley.

  • Related Handbook entries

    This subject contributes to the following:

    TypeName
    CourseMaster of Finance
  • Available through the Community Access Program

    About the Community Access Program (CAP)

    This subject is available through the Community Access Program (also called Single Subject Studies) which allows you to enrol in single subjects offered by the University of Melbourne, without the commitment required to complete a whole degree.

    Entry requirements including prerequisites may apply. Please refer to the CAP applications page for further information.

  • Available to Study Abroad and/or Study Exchange Students

    This subject is available to students studying at the University from eligible overseas institutions on exchange and study abroad. Students are required to satisfy any listed requirements, such as pre- and co-requisites, for enrolment in the subject.

Last updated: 12 November 2022