- Class Number 5691
- Term Code 3260
- Class Info
- Unit Value 6 units
- Mode of Delivery In Person
- Dr Lin Hu
- Dr Lin Hu
- Class Dates
- Class Start Date 25/07/2022
- Class End Date 28/10/2022
- Census Date 31/08/2022
- Last Date to Enrol 01/08/2022
This course provides an overview of current Asian capital markets. The growth of Asian economies has been spectacular in the past 60 years; the advancement of Japan from the 1950s until the beginning of 1990s, the emerging Asian Tigers (Hong Kong, Korea, Singapore, Taiwan) in the 1980s, and the rapid transformation and growth of China and India since the 1990s. Asian capital markets are quite diverse as they consist of emerging markets at different stages of development as well as mature markets. Therefore, it is not easy to view Asian capital markets through a single lens. However, this course not only introduces students to capital markets in various Asian countries but also attempts at introducing a unified conceptual framework to understand markets in these countries. The framework focuses on institutional environments (such as legal systems) in different countries and their impacts on corporate behaviour. We also present empirical evidence that such a framework might not necessarily explain the recent developments in China and India. Two of the important features in Asian capital markets, which contrast those of capital markets in UK-US, are the roles played by the State and closely tied families, which we will discuss in detail. The globalization of the world economy in the past two decades has affected the developments of Asian capital markets. Although our course may discuss the development of capital markets of individual countries, we will discuss Asian economies in the global context and will explore the increasing weight of Asia in the world economy.
Upon successful completion, students will have the knowledge and skills to:
- Demonstrate an in-depth knowledge of Asian economies and currency systems;
- Describe in detail the conceptual framework underlying financial markets and institutions;
- Be able to communicate empirical findings for various Asian capital markets;
- Demonstrate an understanding of financial and corporate governance data analysis and professional style report writing; and,
- Explain in detail the potential future direction of Asian capital markets and economies.
Students will be introduced to research through the use of readings from academic journals. Based on recent research in law and economics, the course introduces a conceptual foundation to analyze financial markets. Also, the students are expected to read and extract the essence of research papers that use empirical methods.
Additional Course Costs
Examination Material or equipment
Computer with camera capacity, calculator
Lecture notes and other recommended resources will be notified during lectures.
Consultations will be held every week.
Students will be given feedback in the following forms in this course:
· Self-study feedback in workshops.
· Self-study feedback from tasks provided for this purpose.
· Group in class feedback on performance in assignments.
- · Individual feedback on student performance in assessment tasks is available on request from the lecturer; please make an appointment to request this.
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). Feedback can also be provided to Course Conveners and teachers via the Student Experience of Learning & Teaching (SELT) feedback program. SELT surveys are confidential and also provide the Colleges and ANU Executive with opportunities to recognise excellent teaching, and opportunities for improvement.
Your final mark for the course will be based on the raw marks allocated for each of your assessment items. However, your final mark may not be the same number as produced by that formula, as marks may be scaled. Any scaling applied will preserve the rank order of raw marks (i.e. if your raw mark exceeds that of another student, then your scaled mark will exceed the scaled mark of that student) and may be either up or down.
Support for Students
The University offers a number of support services for students. Information on these is available online from http://students.anu.edu.au/studentlife/
|Week/Session||Summary of Activities||Assessment|
|2||Financial Assets, Markets and Institutions|
|3||Asia's Economic Growth and Global Imbalance|
|4||Asia's Currency Issue and Financial Markets|
|5||Law and Finance||Project Plan Due|
|6||Law and Finance Cont'd: Ownership|
|10||Informal Sectors and South Asia|
|11||Financial Crisis||Project Report Due|
There is no tutorial for this course. Enrolment is not required for workshops.
|Assessment task||Value||Due Date||Return of assessment||Learning Outcomes|
|Project Plan||0 %||26/08/2022||02/09/2022||2|
|Project Report||40 %||21/10/2022||28/10/2022||1, 2, 3|
|Final Examination||60 %||03/11/2022||01/12/2022||2, 3, 4, 5|
* 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 Integrity Rule before the commencement of their course. Other key policies and guidelines include:
- Academic Integrity Policy and Procedure
- Student Assessment (Coursework) Policy and Procedure
- Special Assessment Consideration Guideline and General Information
- Student Surveys and Evaluations
- Deferred Examinations
- Student Complaint Resolution Policy and Procedure
- Code of practice for teaching and learning
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 Academic Skills website. In rare cases where online submission using Turnitin software is not technically possible; or where not using Turnitin software has been justified by the Course Convener and approved by the Associate Dean (Education) on the basis of the teaching model being employed; students shall submit assessment online via ‘Wattle’ outside of Turnitin, or failing that in hard copy, or through a combination of submission methods as approved by the Associate Dean (Education). The submission method is detailed below.
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 on-campus lectures (recorded and available via echo360 on Wattle) and pre-recorded (weekly) workshops (available via echo360 on Wattle).
Centrally scheduled examinations through Examinations, Graduation & Prizes will be timetabled prior to the examination period. Please check ANU Timetabling for further information.
The final examination will be online via wattle and invigilated via proctorio. It will last 180 minutes including reading, writing, and upload time. It will be open book.
Assessment Task 1
Learning Outcomes: 2
This assessment is to ensure that students are fully aware of the steps towards finishing the project. Each student should write down a proposed plan for the project.
The plan is to be prepared following the given instructions and submitted via Turnitin. Feedback will be given to the whole class in week 6 lecture on common errors; individual feedback may be available from the lecturer by appointment.)
Detailed instruction will be provided in week 1.
Assessment Task 2
Learning Outcomes: 1, 2, 3
In this assignment, students are expected to design an investment strategy in Asian securities for a fund manager. This assignment will be done and graded by individuals.
The report is to be prepared following the given instructions and submitted via Turnitin.
Feedback will be given to the whole class in week 12 lecture on common errors; individual feedback may be given with marks, may be available from the lecturer by appointment.)
Detailed instruction will be provided by week 5.
Assessment Task 3
Learning Outcomes: 2, 3, 4, 5
The final examination will be based on all the work covered throughout the duration of the semester. The final examination is worth 60% of the overall course grade and will need to be completed individually. The final examination will be online via wattle and invigilated via proctorio. It will last 180 minutes including reading, writing, and upload time. It will be open book. There will be multiple-choice questions (MCQs) and short answer questions. The answers will be submitted on Wattle, and the answers for short answer questions will be submitted typed, or handwritten and scanned.
Students will be provided with further details regarding the exam no later than week 10.
Final exam will be in the exam period, which starts on the 3rd of November.
Academic integrity is a core part of the ANU culture as a community of scholars. The University’s students are an integral part of that community. The academic integrity principle commits all students to engage in academic work in ways that are consistent with, and actively support, academic integrity, and to uphold this commitment by behaving honestly, responsibly and ethically, and with respect and fairness, in scholarly practice.
The University expects all staff and students to be familiar with the academic integrity principle, the Academic Integrity Rule 2021, the Policy: Student Academic Integrity and Procedure: Student Academic Integrity, and to uphold high standards of academic integrity to ensure the quality and value of our qualifications.
The Academic Integrity Rule 2021 is a legal document that the University uses to promote academic integrity, and manage breaches of the academic integrity principle. The Policy and Procedure support the Rule by outlining overarching principles, responsibilities and processes. The Academic Integrity Rule 2021 commences on 1 December 2021 and applies to courses commencing on or after that date, as well as to research conduct occurring on or after that date. Prior to this, the Academic Misconduct Rule 2015 applies.
The University commits to assisting all students to understand how to engage in academic work in ways that are consistent with, and actively support academic integrity. All coursework students must complete the online Academic Integrity Module (Epigeum), and Higher Degree Research (HDR) students are required to complete research integrity training. The Academic Integrity website provides information about services available to assist students with their assignments, examinations and other learning activities, as well as understanding and upholding academic integrity.
Assignments must be submitted via Turnitin. You will be required to electronically sign a declaration as part of the submission of your assignment. Please keep a copy of the assignment for your records. Students will receive comments through Turnitin.
There is no hardcopy submission in the course.
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.
The Academic Skills website has information to assist you with your writing and assessments. The website includes information about Academic Integrity including referencing requirements for different disciplines. There is also information on Plagiarism and different ways to use source material.
Grade and feedback on assessments will be provided via Wattle. Please refer to the assessment section for the detailed returning dates for each assessment.
Extensions and Penalties
Extensions and late submission of assessment pieces are covered by the Student Assessment (Coursework) Policy and Procedure. Extensions may be granted 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.
Resubmission of Assignments
Resubmission of assignments is not permitted.
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).
- ANU Health, safety & wellbeing for medical services, counselling, mental health and spiritual support
- ANU Access and inclusion for students with a disability or ongoing or chronic illness
- ANU Dean of Students for confidential, impartial advice and help to resolve problems between students and the academic or administrative areas of the University
- ANU Academic Skills and Learning Centre supports you make your own decisions about how you learn and manage your workload.
- ANU Counselling Centre promotes, supports and enhances mental health and wellbeing within the University student community.
- ANUSA supports and represents undergraduate and ANU College students
- PARSA supports and represents postgraduate and research students
Finance; Microeconomics; Corporate finance; Political economy; Fintech.
Dr Lin Hu