Financial markets have been changing as boundaries between the traditional industry disappear and competition becomes increasingly global. It is important to understand the incentives and risks faced by investors and savers interacting through financial markets and the strategies that can be adopted. This course examines the key concepts of financial markets and instruments as well as their operation. The course also introduces analytical techniques and practical tools to use each instrument for economic management. Topics covered include the roles and determinants of interest rates, fixed income securities markets, equity markets, foreign exchange markets, financial regulation, and options markets.
Learning Outcomes
Upon successful completion, students will have the knowledge and skills to:
- Demonstrate in-depth knowledge of financial terms and concepts.
- Analyse how financial markets and instruments operate.
- Understand the use of financial instruments for achieving economic objectives.
- Think independently, reflectively, and analytically about financial sector regulation.
- Carry out research on financial markets and instruments.
Indicative Assessment
- Problem set (10) [LO 1,2,3,4]
- Essay (2,500 words) (40) [LO 1,2,3,4,5]
- Final exam (50) [LO 1,2,3,4]
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
The standard workload is 130 hours including class time and independent study.
Inherent Requirements
Not applicable.
Prescribed Texts
Sanders, A. and Cornett, M.M. (2022), Financial Markets and Institutions (8th ed.), McGraw Hill.
Assumed Knowledge
Skills in mathematics are assumed.
Fees
Tuition fees are for the academic year indicated at the top of the page.
Commonwealth Support (CSP) Students
If you 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). More information about your student contribution amount for each course at Fees.
- Student Contribution Band:
- 34
- Unit value:
- 6 units
If you are a domestic graduate coursework student with a Domestic Tuition Fee (DTF) place or international student you will be required to pay course tuition fees (see below). Course tuition fees are indexed annually. Further information for domestic and international students about tuition and other fees can be found 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 | Description |
|---|---|---|
| 2024 | $4680 | Standard Rate |
| 2024 | $3720 |
Grandfathered Rate*
*continuing students in nominated programs only. See fee website |
- International fee paying students
| Year | Fee |
|---|---|
| 2024 | $6000 |
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.