- Code FINM8014
- Unit Value 6 units
- Offered by Rsch Sch of Finance, Actuarial Studies & App Stats
- ANU College ANU College of Business and Economics
- Course subject Financial Management
- Areas of interest Finance
- Academic career PGRD
- Dr PHONG NGO
- Mode of delivery In Person
First Semester 2020
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 comprehensive 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 mortgage obligations (CMOs).
Upon successful completion, students will have the knowledge and skills to:
- Explain in detail the role of banks in an economy and the global trends in banking and bank regulation
- Describe in depth how banks’ lending policies can influence corporate decision making
- Identify and quantify complex banking risks and implement credit risk management
- Critically analyse debt markets and their role in liquidity management
- Define in depth interest rate risk and management
- Thoroughly discuss bank loan sales and securitization
- Communicate the causes and consequences of bank failure and the global financial crisis
- Describe the latest developments in banking, including Fintech
- Work effectively in teams and present the results of this teamwork
- Typical assessment may include, but is not restricted to: exams, assignments, quizzes, presentations and other assessment as appropriate, which may be completed individually or in groups (100) [LO 1,2,3,4,5,6,7,8,9]
In response to COVID-19: Please note that Semester 2 Class Summary information (available under the classes tab) is as up to date as possible. Changes to Class Summaries not captured by this publication will be available to enrolled students via Wattle.
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Students are expected to commit 130 hours of work in completing this course. This includes time spent in scheduled classes and self-directed study time
Requisite and Incompatibility
Information about the prescribed textbook will be available via the Class Summary.
Tuition fees are for the academic year indicated at the top of the page.
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- Student Contribution Band:
- Unit value:
- 6 units
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