Course Title: Financial Markets

Part A: Course Overview

Course Title: Financial Markets

Credit Points: 12


Course Code

Campus

Career

School

Learning Mode

Teaching Period(s)

BAFI1002

City Campus

Undergraduate

625H Economics, Finance & Marketing

Face-to-Face

Sem 1 2006,
Sem 1 2007,
Sem 1 2008,
Sem 1 2009,
Sem 1 2010,
Sem 1 2011,
Sem 1 2012,
Sem 1 2013,
Sem 1 2014,
Sem 2 2006,
Sem 2 2007,
Sem 2 2008,
Sem 2 2009,
Sem 2 2011,
Sem 2 2012,
Sem 2 2013,
Sem 2 2014

BAFI2046

Hong Kong Management Associatn

Undergraduate

625H Economics, Finance & Marketing

Internet

Offsh1 13

BAFI1004

Kolej Metropolitan

Undergraduate

625H Economics, Finance & Marketing

Face-to-Face

Offsh 1 09,
Offsh 3 09

BAFI1005

Singapore Inst of Management

Undergraduate

625H Economics, Finance & Marketing

Face-to-Face

Offsh 1 09,
Offsh 1 10,
Offsh 1 11,
Offsh1 12,
Offsh1 13,
Offsh1 14,
Offsh3 12,
Offsh3 13,
Offsh3 14

BAFI3182

RMIT Intl University Vietnam

Undergraduate

625H Economics, Finance & Marketing

Face-to-Face

Viet1 2012,
Viet1 2013,
Viet1 2014,
Viet2 2012,
Viet2 2013,
Viet2 2014,
Viet3 2011,
Viet3 2013,
Viet3 2014

Course Coordinator: Professor Michael Dempsey

Course Coordinator Phone: +(61 3) 9925 5861

Course Coordinator Email:michael.dempsey@rmit.edu.au


Pre-requisite Courses and Assumed Knowledge and Capabilities

Financial Markets has no formal prerequisites but for a better understanding, it is desirable for students to have completed Macroeconomics 1.


Course Description

Financial Markets is a first year course that introduces students to the financial markets environment in which business organisations operate. Students investigate the nature and role of the main financial markets within the domestic and global environment. The course presents an overview of the financial system and its various financial markets, instruments and institutions. Within this framework, the course is practically-based and enables students to distil and critically analyse problems using real data. Students enrolled in the subject will be required, as part of their assessments to write a treasury team report, using current market news and come up with their own strategies to manage their market risk and potentially take advantage of markets conditions.


Objectives/Learning Outcomes/Capability Development

At the conclusion of this subject, you should be able to:
• Analyse the nature, main components and functions of the Australian financial system.
• Evaluate the role of financial markets as they serve the needs of economic units, both domestically and globally.
• Analyse the nature, role and determinants of the structure and level of interest rates.
• Use the language and understanding the variety of terminologies appropriate to financial markets.
• Use basic financial mathematics applied to the pricing of money market instruments.
• Analyse the practical application of money market and foreign exchange treasury dealing principles.
• Ability to work in teams and communicate effectively during group treasury dealing activities.
• Analyse the nature and functions of the main financial intermediaries operating in the Australian financial system.
• Evaluate the main features of the Australian equity and derivatives markets.
• Assess the operations of the foreign exchange market including the nature and determinants of exchange rates.
• Analyse the role of government with respect to financial markets.
• Assess the nature and significance of current developments taking place in the domestic and global financial systems.
• Prepare written report according to the standards and guidelines for presentation of written work.
 


At the conclusion of this subject, you should be able to:


Overview of Learning Activities

To achieve the objectives listed above you must to participate in various learning activities. These activities comprise the following:

- Attendance at, and notetaking during, scheduled lectures.
- Reading of, and notetaking from, prescribed text and distributed references.
- Completion of distributed tutorial/feedback questions.
- Attendance at, and participation during, dealing sessions and tutorial.
- Participation in individual learning activities including regular access to the myRMIT.


Overview of Learning Resources

Textbook 
You will be advised of the prescribed text for this course and other reading materials upon enrolment.

Electronic Resources:
The course is supported online using Blackboard through myRMIT. The Blackboard gives access to important announcements, lecture notes, lecture power points, past exam papers, quizzes, external links, and additional resources.


Overview of Assessment

Assessments in this course may comprise in tutorial quizzes, mid semester test, presentation, treasury team reports and a final exam. 
Formative feedback will be provided throughout the semester.