- 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
- Guangqian Pan
- Mode of delivery In Person
First Semester 2019
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 coomprehensive 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 mortage obligations (CMOs).
Upon successful completion, students will have the knowledge and skills to:
- Communicate the role of banks in an economy and the global trends in banking
- Understand in depth how banks’ lending policies can influence corporate decision making
- Identify and quantify banking risks
- Understand in depth credit risk and credit risk management
- Comprehensively understand debt markets and their role in liquidity management
- Understand in depth interest rate risk and management
- Communicate how banking regulation is implemented on a global scale
- Thoroughly understand bank loan sales and securitization
- Communicate the causes and consequences of bank failure and the global financial crises
- Work in teams and present results.
- Typical assessment may include, but is not restricted to: tests and a final exam. (null) [LO null]
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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.
Requisite and Incompatibility
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
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.