• Offered by Rsch Sch of Finance, Actuarial Studies & App Stats
  • ANU College ANU College of Business and Economics
  • Classification Advanced
  • Course subject Financial Management
  • Areas of interest Finance
  • Academic career PGRD
  • Course convener
    • AsPr Wai Man Liu
  • Mode of delivery In Person
  • Co-taught Course
  • Offered in First Semester 2019
    See Future Offerings

Most finance courses assume that markets are efficient and that securities can be issued and traded easily and at no cost.  In practice markets are more complex and there are substantial costs associated with issuing and trading securities.  This course therefore explores (i) how markets are organised; (ii) how trading is conducted in these markets; (iii) the role of different types of market participants; and (iv) how markets are regulated.  It considers how these factors influence price formation, investment returns and capital raising. 

Learning Outcomes

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

  1. Understand in depth how securities are traded in markets around the world and appreciate how this influences trading costs and liquidity;
  2. Be able to communicate the role of regulation and how it impacts participants in financial markets;
  3. Understand in depth how price formation can be influenced by market architecture;
  4. Understand in depth the interaction between trading in secondary markets and capital raising in primary markets.

Other Information

Indicative Assessment

  1. Typical assessment may include, but is not restricted to: in-class assessment, assignments, mid-semester and final exams. (null) [LO null]

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

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.

Inherent Requirements

Not applicable

Requisite and Incompatibility

To enrol in this course you must have completed FINM7007 and FINM7008. Incompatible with FINM4017

Specialisations

Fees

Tuition fees are for the academic year indicated at the top of the page.  

If you are a domestic graduate coursework or international student you will be required to pay tuition fees. Tuition fees are indexed annually. Further information for domestic and international students about tuition and other fees can be found at Fees.

Student Contribution Band:
3
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.

Units EFTSL
6.00 0.12500
Domestic fee paying students
Year Fee
2019 $4320
International fee paying students
Year Fee
2019 $5700
Note: Please note that fee information is for current year only.

Offerings and Dates

The list of offerings for future years is indicative only

First Semester

Class number Class start date Last day to enrol Census date Class end date Mode Of Delivery Class Summary
4195 25 Feb 2019 04 Mar 2019 31 Mar 2019 31 May 2019 In Person View

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