Courses & Units

Banking and Financial Institutions BEA321

Hobart

Note:

Introduction

This is a third-year unit and a compulsory unit in the Economics Foundations and Finance majors in the Bachelor of Economics. It is an elective unit in Economic Analysis major in the Bachelor of Economics and the Finance major in the Bachelor of Business. The unit examines the Australian and international financial systems and analyses the different roles of intermediaries and markets and the role they play in the flow of funds in the economy, the use of financial instruments such as debt, options and other derivatives to manage risk in banks, prudential supervision, regulation and risk management; The role played by the foreign exchange market,the objectives of monetary policy, the role of financial markets in the operation of monetary policy.

To adhere to the University’s blended learning policy, this unit will be offered by means of online short videos (100 minutes) followed by an extended workshop (50 to 100 minutes) per week. Students watch online short videos, complete and submit weekly workshop questions, and then attend an extended workshop later in the following week. For the first week’s extended workshop, there will be a general introduction session for this unit.

Summary

Unit name Banking and Financial Institutions
Unit code BEA321
Credit points 12.5
Faculty/School College of Business & Economics
Tasmanian School of Business and Economics
Discipline Economics and Finance
Coordinator

Dr Cong Wang

Teaching staff

Level Advanced
Available as student elective? Yes
Breadth Unit? No

Availability

Location Study period Attendance options Available to
Hobart Semester 1 On-Campus Off-Campus International International Domestic Domestic

Key

On-campus
Off-Campus
International students
Domestic students
Note

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Units are offered in attending mode unless otherwise indicated (that is attendance is required at the campus identified). A unit identified as offered by distance, that is there is no requirement for attendance, is identified with a nominal enrolment campus. A unit offered to both attending students and by distance from the same campus is identified as having both modes of study.

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Key Dates

Study Period Start date Census date WW date End date
Semester 1 24/2/2020 23/3/2020 13/4/2020 31/5/2020

* The Final WW Date is the final date from which you can withdraw from the unit without academic penalty, however you will still incur a financial liability (see withdrawal dates explained for more information).

Unit census dates currently displaying for 2020 are indicative and subject to change. Finalised census dates for 2020 will be available from the 1st October 2020.

About Census Dates

Learning Outcomes

  • LO1: The reasons why different financial institutions have different functions in the economy.
  • LO2: How financial institutions assess, and manage risk using some of the trading strategies and instruments available in financial markets.
  • LO3: How institutions and markets are regulated in domestic, and international environments, and be able to evaluate proposals for regulatory reform.
  • LO4: How monetary policy is implemented in an open economy and how it impacts the macroeconomy.

Fees

Domestic

Band CSP Student Contribution Full Fee Paying (domestic) Field of Education
3 2020: $1,394.00 2020: $2,702.00 081101

Fees for next year will be published in October. The fees above only apply for the year shown.

Please note: international students should refer to this page to get an indicative course cost.

Requisites

Prerequisites

BEA220 or BEA286

Teaching

Teaching Pattern

1 x 2 hour lecture, 1 x 1 hour workshop per week. Please check the unit outline for details.

Assessment

Online quiz (20%), Test (30%), Final exam (50%).

TimetableView the lecture timetable | View the full unit timetable

Textbooks

Required

Eakins & Mishkin (2015). Financial Markets and Institutions (Global Edition), 8th edn, PearsonPrentice Hall, Boston

Recommended

Co-op Bookshop links

The University reserves the right to amend or remove courses and unit availabilities, as appropriate.