The University of Newcastle, Australia
Available in 2019
Course code

ACFI1003

Units

10 units

Level

1000 level

Course handbook

Description

Financial institutions and markets are the cornerstones of the modern financial system, and as such, knowledge of these organisations is important in any professional career in the business world.

This course provides students with an introduction to the Australian financial markets and an evaluation of the institutions, instruments and participants involved in the industry. The markets to be evaluated include the equity, bond, futures, and options markets. The course systematically reviews each of these financial markets and examines the various institutional participants and the different types of financial instruments offered.


Availability2019 Course Timetables

PSB Singapore

  • Trimester 1 - 2019 (Singapore)
  • Trimester 2 - 2019 (Singapore)

Newcastle City Precinct

  • Winter - 2019
  • Semester 1 - 2019
  • Semester 2 - 2019

Ourimbah

  • Semester 2 - 2019

Learning outcomes

On successful completion of the course students will be able to:

1. Describe the components of the Australian financial system.

2. Identify and explain the basic instruments of corporate funding

3. Apply basic financial mathematics to financial problem solving

4. Analyse financial instruments and apply valuation techniques to financial instruments

5. Analyse the participants, operations and characteristics of the equity, bond, futures and options markets


Content

The topics in this course include the following:

  1. An introduction to the financial system
  2. Banks
  3. Non-bank financial institutions
  4. Simple and compound interest
  5. Annuities
  6. The securities market
  7. Corporations and the share market
  8. Investors and the share market
  9. Short-term debt
  10. Long-term debt
  11. Derivatives

Requisite

This course replaces ACFI2005. If you have successfully completed ACFI2005, you cannot enrol in this course.


Assumed knowledge

ACFI1003Introduction to FinanceFinancial institutions and markets are the cornerstones of the modern financial system, and as such, knowledge of these organisations is important in any professional career in the business world.

This course provides students with an introduction to the Australian financial markets and an evaluation of the institutions, instruments and participants involved in the industry. The markets to be evaluated include the equity, bond, futures, and options markets. The course systematically reviews each of these financial markets and examines the various institutional participants and the different types of financial instruments offered.FBUSLFaculty of Business and Law344Newcastle Business School1010005915Trimester 1 - 2019 (Singapore)PSBPSB Singapore20195960Winter - 2019NCLE_CITYNewcastle City Precinct20195945Trimester 2 - 2019 (Singapore)PSBPSB Singapore20195940Semester 1 - 2019NCLE_CITYNewcastle City Precinct20195980Semester 2 - 2019CENTRALCSTOurimbah20195980Semester 2 - 2019NCLE_CITYNewcastle City Precinct2019HSC Mathematics or equivalentThe topics in this course include the following: An introduction to the financial system Banks Non-bank financial institutions Simple and compound interest Annuities The securities market Corporations and the share market Investors and the share market Short-term debt Long-term debt Derivatives YOn successful completion of this course, students will be able to:1Describe the components of the Australian financial system.2Identify and explain the basic instruments of corporate funding3Apply basic financial mathematics to financial problem solving4Analyse financial instruments and apply valuation techniques to financial instruments5Analyse the participants, operations and characteristics of the equity, bond, futures and options markets This course replaces ACFI2005. If you have successfully completed ACFI2005, you cannot enrol in this course.Quiz: Online QuizzesOnline Learning Activity: Mathematics Diagnostic Test *In Term Test: Mid Semester TestFormal Examination: Final Examination* This assessment has a compulsory requirement.Ourimbah, Newcastle City Precinct and PSB SingaporeIntegrated Learning SessionFace to Face On Campus2hour(s)per Week for0Full Term1Students are expected to complete 6 hours of guided learning via online preparation and workshops, and an additional 4 hours of independent study per week.In order to pass this course, each student must complete ALL of the following compulsory requirements:Course Assessment Requirements:Online Learning Activity: Attempt / Submission Requirement - Students must attempt/submit this assessment item to pass the course.Students must complete the Mathematics Diagnostic Test to pass the course.


Assessment items

Quiz: Online Quizzes

Online Learning Activity: Mathematics Diagnostic Test *

In Term Test: Mid Semester Test

Formal Examination: Final Examination

* This assessment has a compulsory requirement.


Compulsory Requirements

In order to pass this course, each student must complete ALL of the following compulsory requirements:

Course Assessment Requirements:

  • Online Learning Activity: Attempt / Submission Requirement - Students must attempt/submit this assessment item to pass the course. - Students must complete the Mathematics Diagnostic Test to pass the course.

Contact hours

Ourimbah, Newcastle City Precinct and PSB Singapore

Integrated Learning Session

Face to Face On Campus 2 hour(s) per Week for Full Term starting in week 1

Students are expected to complete 6 hours of guided learning via online preparation and workshops, and an additional 4 hours of independent study per week.