• Class Number 4435
  • Term Code 3130
  • Class Info
  • Unit Value 6 units
  • Mode of Delivery In Person
    • Dr Nhan Le
    • Dr Nhan Le
  • Class Dates
  • Class Start Date 22/02/2021
  • Class End Date 28/05/2021
  • Census Date 31/03/2021
  • Last Date to Enrol 01/03/2021
SELT Survey Results

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).

Learning Outcomes

Upon successful completion, students will have the knowledge and skills to:

  1. Explain the role of banks in an economy and the global trends in banking and bank regulation
  2. Describe how banks’ lending policies can influence corporate decision making
  3. Identify and measure banking risks and implement credit risk management
  4. Analyse debt markets and their role in liquidity management
  5. Define interest rate risk and management
  6. Discuss bank loan sales and securitization
  7. Summarise the causes and consequences of bank failure and the global financial crises
  8. Describe the latest developments in banking, including Fintech
  9. Work effectively in teams and present results of this teamwork

Research-Led Teaching

Text book material will be supplemented with the most recent information from research and news from: my own research, research from universities elsewhere, government departments, and international organisations i.e. World Bank, IMF etc., and news outlets.

Required Resources

Financial institutions management : a risk management approach 9th edition (2018) by Anthony Saunders, Marcia Millon Cornett, McGraw Hill

Students can access the e-copy via this link - https://library.anu.edu.au/record=b6742056

The book can be purchased from the on campus bookshop, with a small number of copies also available for 2 hour loan in the reserve loan section of the Chiefly Library.

Students are recommended to stay abreast with current events by regularly reading the financial news. Online resources such as Bloomberg, Reuters or the Wall Street Journal are the usual suspects.

Staff Feedback

Students will be given feedback in the following forms in this course:
  • Written comments
  • Verbal comments
  • Feedback to the whole class, to groups, to individuals, focus groups

Student Feedback

ANU is committed to the demonstration of educational excellence and regularly seeks feedback from students. Students are encouraged to offer feedback directly to their Course Convener or through their College and Course representatives (if applicable). The feedback given in these surveys is anonymous and provides the Colleges, University Education Committee and Academic Board with opportunities to recognise excellent teaching, and opportunities for improvement. The Surveys and Evaluation website provides more information on student surveys at ANU and reports on the feedback provided on ANU courses.

Class Schedule

Week/Session Summary of Activities Assessment
1 Roles and operations of banks
2 Bank financial statements and banking risks
3 Interest Rates and Interest Rate Risk
4 Lending Policies and Credit Risk
5 Debt Markets and Liquidity risk
6 Market Risk
7 Regulation: Micro-prudential Policy Mid-term exam
8 Regulation: Macro-prudential Policy
9 Securitization
10 Securitization
11 Bank crises and failures: economic consequences
12 Bank crises and failures: the future of banking

Tutorial Registration

Tutorials will be available on campus, live through scheduled zoom sessions and as pre-recorded videos. Information regarding enrolments for these options will be provided on Wattle during O-week, prior to the start of the semester

Assessment Summary

Assessment task Value Due Date Return of assessment Learning Outcomes
Online quiz (0%) 0 % 31/03/2021 16/04/2021 1-9
Mid-semester exam (50%) 50 % 20/04/2021 30/04/2021 1-9
Final exam (50%) 50 % 03/06/2021 01/07/2021 1-9

* If the Due Date and Return of Assessment date are blank, see the Assessment Tab for specific Assessment Task details


ANU has educational policies, procedures and guidelines, which are designed to ensure that staff and students are aware of the University’s academic standards, and implement them. Students are expected to have read the Academic Misconduct Rule before the commencement of their course. Other key policies and guidelines include:

Assessment Requirements

The ANU is using 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. For additional information regarding Turnitin please visit the ANU Online website Students may choose not to submit assessment items through Turnitin. In this instance you will be required to submit, alongside the assessment item itself, hard copies of all references included in the assessment item.

Moderation of Assessment

Marks that are allocated during Semester are to be considered provisional until formalised by the College examiners meeting at the end of each Semester. If appropriate, some moderation of marks might be applied prior to final results being released.


Course content delivery will take the form of online (weekly) lectures delivered live and weekly tutorials delivered in hybrid format (on campus, live through zoom sessions and as pre-recorded videos.


Centrally scheduled examinations through Examinations, Graduations & Prizes will be timetabled prior to the examination period. Please check ANU Timetabling for further information.

Assessment Task 1

Value: 0 %
Due Date: 31/03/2021
Return of Assessment: 16/04/2021
Learning Outcomes: 1-9

Online quiz (0%)

It is an online quiz conducted via Wattle, consisting of multiple choice questions only. The quiz will be available on Wattle from 8am on Mar 31, 2021. You

will have one hour from the time you start to finish the quiz. The quiz will cover all materials covered in week 1 to 4. More details regarding the quiz will be provided by week 3. While feedback from the quiz is available immediately (i.e. week 6), it will remain open for student to complete until April 16.

Assessment Task 2

Value: 50 %
Due Date: 20/04/2021
Return of Assessment: 30/04/2021
Learning Outcomes: 1-9

Mid-semester exam (50%)

2 hour open book exam in week 7. The exam will cover all materials from week 1-4, inclusive. More details regarding the mid-term exam will be provided by week 5.

Assessment Task 3

Value: 50 %
Due Date: 03/06/2021
Return of Assessment: 01/07/2021
Learning Outcomes: 1-9

Final exam (50%)

2 hour open book final exam. A mixture of theoretical and practical (numerical) questions will be asked. Students will need to review all material (weeks 1-12) pertaining to

the course. If the lecturer chooses to use Proctorio invigilation for the exam, students will be provided an opportunity to use practice site for Proctorio prior to exam.

The final exam will be held in the exam period with details to be advised no later than teaching week 12 of the semester. Centrally scheduled examinations through Examinations, Graduations & Prizes will be timetabled prior to the examination period. Please check ANU Timetabling for further information.

Academic Integrity

Academic integrity is a core part of our culture as a community of scholars. At its heart, academic integrity is about behaving ethically. This means that all members of the community commit to honest and responsible scholarly practice and to upholding these values with respect and fairness. The Australian National University commits to embedding the values of academic integrity in our teaching and learning. We ensure that all members of our community understand how to engage in academic work in ways that are consistent with, and actively support academic integrity. The ANU expects staff and students to uphold high standards of academic integrity and act ethically and honestly, to ensure the quality and value of the qualification that you will graduate with. The University has policies and procedures in place to promote academic integrity and manage academic misconduct. Visit the following Academic honesty & plagiarism website for more information about academic integrity and what the ANU considers academic misconduct. The ANU offers a number of services to assist students with their assignments, examinations, and other learning activities. The Academic Skills and Learning Centre offers a number of workshops and seminars that you may find useful for your studies.

Online Submission

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.

Hardcopy Submission

There is no hardcopy submission in the course.

Late Submission

No submission of assessment tasks without an extension after the due date will be permitted. If an assessment task is not submitted by the due date, a mark of 0 will be awarded.

Referencing Requirements

Accepted academic practice for referencing sources that you use in presentations can be found via the links on the Wattle site, under the file named “ANU and College Policies, Program Information, Student Support Services and Assessment”. Alternatively, you can seek help through the Students Learning Development website.

Extensions and Penalties

Extensions and late submission of assessment pieces are covered by the Student Assessment (Coursework) Policy and Procedure The Course Convener may grant extensions for assessment pieces that are not examinations or take-home examinations. If you need an extension, you must request an extension in writing on or before the due date. If you have documented and appropriate medical evidence that demonstrates you were not able to request an extension on or before the due date, you may be able to request it after the due date.

Privacy Notice

The ANU has made a number of third party, online, databases available for students to use. Use of each online database is conditional on student end users first agreeing to the database licensor’s terms of service and/or privacy policy. Students should read these carefully. In some cases student end users will be required to register an account with the database licensor and submit personal information, including their: first name; last name; ANU email address; and other information. In cases where student end users are asked to submit ‘content’ to a database, such as an assignment or short answers, the database licensor may only use the student’s ‘content’ in accordance with the terms of service — including any (copyright) licence the student grants to the database licensor. Any personal information or content a student submits may be stored by the licensor, potentially offshore, and will be used to process the database service in accordance with the licensors terms of service and/or privacy policy. If any student chooses not to agree to the database licensor’s terms of service or privacy policy, the student will not be able to access and use the database. In these circumstances students should contact their lecturer to enquire about alternative arrangements that are available.

Distribution of grades policy

Academic Quality Assurance Committee monitors the performance of students, including attrition, further study and employment rates and grade distribution, and College reports on quality assurance processes for assessment activities, including alignment with national and international disciplinary and interdisciplinary standards, as well as qualification type learning outcomes. Since first semester 1994, ANU uses a grading scale for all courses. This grading scale is used by all academic areas of the University.

Support for students

The University offers students support through several different services. You may contact the services listed below directly or seek advice from your Course Convener, Student Administrators, or your College and Course representatives (if applicable).
Dr Nhan Le

Research Interests

banking, political economy, media, household finance, microeconomics, corporate finance

Dr Nhan Le

Tuesday 15:00 17:00
Tuesday 15:00 17:00
Dr Nhan Le
6125 0702

Research Interests

Dr Nhan Le

Tuesday 15:00 17:00
Tuesday 15:00 17:00

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