Foundations of Finance is designed to familiarise students with the components of the financial system as well as to introduce them to the three basic ideas underpinning finance, namely the time value of money, diversification and arbitrage. In doing so, the course provides students with introductory exposure to financial transactions, institutions and markets including debt, equity, foreign exchange and derivative markets and the instruments traded therein. It also provides students with a solid foundation for later studies in finance.
Learning Outcomes
Upon successful completion, students will have the knowledge and skills to:
- Understand financial transactions, institutions and markets, including money markets, stock markets, foreign exchange, derivatives markets and contracts.
- Understand the ideas behind the time value of money and be able to calculate the value of cash flows relating to a number of financial instruments.
- Understand the concept of diversification, including the risk and return relationship and have the ability to calculate optimal weights for a portfolio comprising of two financial assets.
- Understand concepts of arbitrage, and utilise derivatives for risk management purposes.
Other Information
Indicative Assessment
- Typical assessment may include, but is not restricted to: in-class quizzes, a mid-semester exam and a final examination. (null) [LO null]
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.
Inherent Requirements
Not applicable
Requisite and Incompatibility
Preliminary Reading
Majors
Minors
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 |
|---|---|
| 2019 | $4140 |
- International fee paying students
| Year | Fee |
|---|---|
| 2019 | $5460 |
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.
First Semester
| Class number | Class start date | Last day to enrol | Census date | Class end date | Mode Of Delivery | Class Summary |
|---|---|---|---|---|---|---|
| 2451 | 25 Feb 2019 | 04 Mar 2019 | 31 Mar 2019 | 31 May 2019 | In Person | View |
Second Semester
| Class number | Class start date | Last day to enrol | Census date | Class end date | Mode Of Delivery | Class Summary |
|---|---|---|---|---|---|---|
| 7424 | 22 Jul 2019 | 29 Jul 2019 | 31 Aug 2019 | 25 Oct 2019 | In Person | View |
