Most finance courses assume that markets are efficient and that securities can be issued and traded easily and at no cost. In practice markets are more complex and there are substantial costs associated with issuing and trading securities. This course therefore explores (i) how markets are organised; (ii) how trading is conducted in these markets; (iii) the role of different types of market participants; and (iv) how markets are regulated. It considers how these factors influence price formation, investment returns and capital raising.
Learning Outcomes
Upon successful completion, students will have the knowledge and skills to:
Upon successful completion of the requirements for this course, students should have the knowledge and skills:
- To understand how securities are traded in markets around the world and appreciate how this influences trading costs and liquidity;
- To understand the role of regulation and how it impacts participants in financial markets;
- To understand how price formation can be influenced by market architecture;
- To understand the interaction between trading in secondary markets and capital raising in primary markets.
Other Information
See the course outline on the College courses page. Outlines are uploaded as they become available.
Indicative Assessment
May include in-class assessment, assignments, mid-semester, and final examinations. To obtain an automatic pass grade in this unit you must obtain 50% or more as an aggregate mark on the assessment.
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
At least three contact hours per week (two one and a half hour lectures) plus private study time.
Requisite and Incompatibility
Specialisations
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:
- 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 |
Course fees
- Domestic fee paying students
| Year | Fee |
|---|---|
| 2015 | $3414 |
- International fee paying students
| Year | Fee |
|---|---|
| 2015 | $4350 |
Offerings, Dates and Class Summary Links
ANU utilises MyTimetable to enable students to view the timetable for their enrolled courses, browse, then self-allocate to small teaching activities / tutorials so they can better plan their time. Find out more on the Timetable webpage.
Class summaries, if available, can be accessed by clicking on the View link for the relevant class number.
Second Semester
| Class number | Class start date | Last day to enrol | Census date | Class end date | Mode Of Delivery | Class Summary |
|---|---|---|---|---|---|---|
| 2554 | 20 Jul 2015 | 07 Aug 2015 | 31 Aug 2015 | 30 Oct 2015 | In Person | N/A |
