• Offered by Rsch Sch of Finance, Actuarial Studies & App Stats
  • ANU College ANU College of Business and Economics
  • Classification Advanced
    Specialist
  • Course subject Financial Management
  • Areas of interest Finance
  • Academic career PGRD
  • Course convener
    • Dr PHONG NGO
  • Mode of delivery In Person
  • Offered in First Semester 2016
    See Future Offerings

This course covers the theory and practice of financial intermediation, broadly construed to include banks, savings institutions and investment/merchant banks. Topics will include the role of banking firms in a developed capital market, their impact on corporate financial decisions for non-banking firms, and the regulation of banks. The course includes a coomprehensive analysis of the role of financial intermediaries in the development of fixed income markets and provides an analysis of fixed income securities. Additional topics include models and techniques used for managing credit risk, interest rate risk and liquidity risk. These are applied to maturity matching, duration and immunization, loan sales, securitization, collateralized debt obligations (CDOs), and collateralized mortage obligations (CMOs).

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:

  1. Communicate the role of banks in an economy and the global trends in banking
  2. Understand in depth how banks’ lending policies can influence corporate decision making
  3. Identify and quantify banking risks
  4. Understand in depth credit risk and credit risk management
  5. Comprehensively understand debt markets and their role in liquidity management
  6. Understand in depth interest rate risk and management
  7. Communicate how banking regulation is implemented on a global scale
  8. Thoroughly understand bank loan sales and securitization
  9. Communicate the causes and consequences of bank failure and the global financial crises
  10. Work in teams and present results.

Other Information

See the course outline on the College courses page. Outlines are uploaded as they become available. 

Indicative Assessment

  • Tests 1, 2 and 3 - 20% each
  • Final Exam - 40%

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 (2 lectures and 1 tutorial) plus private study time.

Requisite and Incompatibility

To enrol in this course you must have completed FINM7007 and FINM7008 and FINM7041. Incompatible with FINM3006.

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
Domestic fee paying students
Year Fee
2016 $3660
International fee paying students
Year Fee
2016 $4878
Note: Please note that fee information is for current year only.

Offerings, Dates and Class Summary Links

The list of offerings for future years is indicative only.
Class summaries, if available, can be accessed by clicking on the View link for the relevant class number.

First Semester

Class number Class start date Last day to enrol Census date Class end date Mode Of Delivery Class Summary
3407 15 Feb 2016 26 Feb 2016 31 Mar 2016 27 May 2016 In Person N/A

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