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Emerging Markets Finance (FNCE90064)

Graduate courseworkPoints: 12.5Dual-Delivery (Parkville)

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Overview

Availability
Semester 1 - Dual-Delivery
Semester 2 - Dual-Delivery
FeesLook up fees

In today’s world economy, business is conducted in a global arena. As a result financial managers are expected to have a global perspective. Emerging economies are the engine of growth opportunities in the world economy: financial decision making at many levels is, hence, increasingly dealing with the developing world. This course offers a conceptual as well as an applied framework for analyzing emerging markets from multiple perspectives in order to prepare business leaders to make sense of the challenges and make the most of the opportunities of succeeding in a globalized world.

This course is intended for post-graduate (Masters) students specializing in Finance with an interest in exploring business opportunities and future work in emerging markets or in financial decision making involving investments or corporate relations with the developing world. The course builds on the finance concepts learnt in the first and second year finance courses and provides students with a different perspective of finance in an emerging markets context - vital for a modern finance professional. Expertise in emerging market finance will enhance students’ marketability at places like multinational companies, hedge funds and money management firms, commercial banks, investment banks, development banks, consulting firms and financial market regulators.

Intended learning outcomes

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



  • Explain the key features of emerging financial systems;
  • Identify the specific issues associated with financial intermediation in emerging markets;
  • Explain and evaluate the concept of microfinance;
  • Understand and evaluate the role of the IMF and World Bank in the context of emerging markets;
  • Apply portfolio diversification principles to emerging equity and bond markets;
  • Apply project and firm valuation techniques in the context of emerging markets;
  • Understand the impact of country risk, credit risk, political risk and currency risk in an emerging market context; and
  • Explain ownership and corporate governance issues relevant to emerging markets.

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; and
  • Accessing data and other information from a range of sources.

Last updated: 31 January 2024

Eligibility and requirements

Prerequisites

Admission into one of the following:

  • MC-FINANCE Master of Finance
  • MC-FINENH Master of Finance (Enhanced)

AND

Either:

Code Name Teaching period Credit Points
FNCE90016 International Financial Management
Semester 2 (Dual-Delivery - Parkville)
Semester 1 (Dual-Delivery - Parkville)
 12.5

OR

All of

Code Name Teaching period Credit Points
FNCE90016 International Financial Management
Semester 2 (Dual-Delivery - Parkville)
Semester 1 (Dual-Delivery - Parkville)
 12.5
FNCE90018 Corporate Financial Policy
Semester 1 (Dual-Delivery - Parkville)
Semester 2 (Dual-Delivery - Parkville)
 12.5
FNCE90056 Investment Management
Semester 1 (Dual-Delivery - Parkville)
Semester 2 (Dual-Delivery - Parkville)
 12.5

Corequisites

None

Non-allowed subjects

None

Recommended background knowledge

Excel spreadsheeting

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: 31 January 2024

Assessment

DescriptionTimingPercentage

Real World Data/Case Project,(normally 3-5 students per group)

  • 3000 words
From Week 3 to Week 1240%

Class participation: 10 - 15 minutes of each class will be allocated to group presentation/discussion based on periodicals: Financial Times, The Wall Street Journal etc.

From Week 3 to Week 1010%

End-of-semester examination

  • 2 hours
During the examination period50%

Last updated: 31 January 2024

Dates & times

  • Semester 1
    Principal coordinatorGaby Berhe Nardari
    Mode of deliveryDual-Delivery (Parkville)
    Contact hours3 hours 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 1 contact information

    Email: a.berhe@unimelb.edu.au

  • Semester 2
    Principal coordinatorGaby Berhe Nardari
    Mode of deliveryDual-Delivery (Parkville)
    Contact hours3 hours 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

    Semester 2 contact information

    Email: a.berhe@unimelb.edu.au

Time commitment details

Estimated total time commitment of 170 hours per semester

Last updated: 31 January 2024

Further information

  • Texts

    Prescribed texts

    No prescribed text

  • 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.

    Please note Single Subject Studies via Community Access Program is not available to student visa holders or applicants

    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: 31 January 2024