Capital Markets

Unit Code:HBC620

Credit Points	Duration	Contact Hours	Campus	Prerequisite	Corequisite
12.5 Credit Points	One teaching period.	36 hours	Hawthorn	None	None

Credit Points

Duration

Contact Hours

Campus

Prerequisite

Corequisite

12.5 Credit Points

One teaching period.

36 hours

Hawthorn

None

Related Course/s:

A unit of study in the Master of Practising Accounting and a unit of study in the Master of Finance and Banking suite.

Aims & Objectives:

This unit provides students with the skills and expertise to identify the different types of financial institutions who
operate in the market, together with the various sources of funds available within capital markets. The unit will also
enhance student’s ability to identify a financial problem and critically analyse and interpret financial data.

Demonstrate a comprehensive understanding of the structure and functions of financial markets (PO1)
Identify the mechanisms that operate within the Australian and International capital and financial markets (PO4)
Analyse and evaluate choices of financing available to individuals, small business and corporations (PO2)
Apply various financial concepts to the media coverage of financial issues (PO2&6)
Interpret the operation of equity and debt markets and understand how conditions and prices are determined in
major financial markets (PO4)

Teaching Methods:

Delivery is in 3 hour evening sessions or 5 hour block delivery sessions. Total student workload is 120 hours.

Assessment:

Assignment (Group) 15-20%

Presentation and Class Participation (Individual) 10%

Test (Individual) 20-25%

Examination (Individual) 50-60%

Generic Skills Outcomes:

This unit aims to achieve the following in our students:

Teamwork skills
Analysis skills
Problem solving skills
Ability to tackle unfamiliar problems
Ability to work independently
Ability to consider local and international environments

Content:

Introduction to money and financial markets
The banking sector and non-bank financial intermediaries
Regulation of financial intermediaries
Sources of finance - short, medium and long term; international debt markets
The share market as a source of equity for corporations
Government debt, monetary policy and the payments system
Interest rate determination and forecasting
Interest rate risk management

Reading Materials:

Students are advised to check the unit outline in the relevant teaching period for appropriate textbooks and further reading.