• Offered by Rsch Sch of Finance, Actuarial Studies & App Stats
  • ANU College ANU College of Business and Economics
  • Course subject Financial Management
  • Academic career Postgraduate
  • Course convener
    • Dr Meijun Qian
    • Prof Takeshi Yamada
  • Mode of delivery In Person
  • Co-taught Course FINM3045
  • Offered in First Semester 2018
    Second Semester 2018
    See Future Offerings

This course provides an overview of current Asian capital markets. The growth of Asian economies has been spectacular in the past 60 years; the advancement of Japan from the 1950s until the beginning of 1990s, the emerging Asian Tigers (Hong Kong, Korea, Singapore, Taiwan) in the 1980s, and the rapid transformation and growth of China and India since the 1990s. Asian capital markets are quite diverse as they consist of emerging markets at different stages of development as well as mature markets. Therefore, it is not easy to view Asian capital markets through a single lens. However, this course not only introduces students to capital markets in various Asian countries but also attempts at introducing a unified conceptual framework to understand markets in these countries. The framework focuses on institutional environments (such as legal systems) in different countries and their impacts on corporate behaviour. We also present empirical evidence that such a framework might not necessarily explain the recent developments in China and India. Two of the important features in Asian capital markets, which contrast those of capital markets in UK-US, are the roles played by the State and closely tied families, which we will discuss in detail. The globalization of the world economy in the past two decades has affected the developments of Asian capital markets. Although our course may discuss the development of capital markets of individual countries, we will discuss Asian economies in the global context and will explore the increasing weight of Asia in the world economy.

Learning Outcomes

  • Upon successful completion of the requirements for this course, students should have the knowledge and skills to:

    1. Demonstrate an in-depth knowledge of Asian economies and currency systems
    2. Explain in detail the conceptual framework for understanding the financial markets and institutions
    3. Be able to communicate empirical findings for various Asian capital markets
    4. Demonstrate hands-on experience with financial and corporate governance data analysis and professional style report writing
    5. Communicate in detail the vision for the future of Asian capital markets and economies
    1. Indicative Assessment

      Typical assessment may include, but is not restricted to: group project, quizzes and a final exam.

      The ANU uses Turnitin to enhance student citation and referencing techniques, and to assess assignment submissions as a component of the University's approach to managing Academic Integrity. While the use of Turnitin is not mandatory, the ANU highly recommends Turnitin is used by both teaching staff and students. For additional information regarding Turnitin please visit the ANU Online website.

      Workload

      Students are expected to commit at least 10 hours per week to completing the work in this course. This will include at least 3 contact hours per week and up to 7 hours of private study time.

      Requisite and Incompatibility

      To enrol in this course you must have completed FINM7006, FINM7007 and FINM7008. You are not able to enrol in this course if you have previously completed FINM3045.

      Fees

      Tuition fees are for the academic year indicated at the top of the page.  

      If you are a domestic graduate coursework or international student you will be required to pay tuition fees. Tuition fees are indexed annually. Further information for domestic and international students about tuition and other fees can be found at Fees.

      Student Contribution Band:
      Band 3
      Unit value:
      6 units

      If you are an undergraduate student and have been offered a Commonwealth supported place, your fees are set by the Australian Government for each course. At ANU 1 EFTSL is 48 units (normally 8 x 6-unit courses). You can find your student contribution amount for each course at Fees.  Where there is a unit range displayed for this course, not all unit options below may be available.

      Units EFTSL
      6.00 0.12500
      Note: Please note that fee information is for current year only.

      Offerings and Dates

      The list of offerings for future years is indicative only

      First Semester

      Class number Class start date Last day to enrol Census date Class end date Mode Of Delivery
      3604 19 Feb 2018 26 Feb 2018 31 Mar 2018 25 May 2018 In Person

      Second Semester

      Class number Class start date Last day to enrol Census date Class end date Mode Of Delivery
      8866 23 Jul 2018 30 Jul 2018 31 Aug 2018 26 Oct 2018 In Person

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