Courses & Units

Banking and Financial Institutions BEA321

Hobart

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
College/School College of Business & Economics
Tasmanian School of Business and Economics
Discipline Economics and Finance
Coordinator Associate Professor Joaquin Vespignani
Available as student elective? Yes
Level Advanced

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.

Key Dates

Study Period Start date Census date WW date End date
Semester 1 21/2/2022 22/3/2022 11/4/2022 29/5/2022

* 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 2022 are indicative and subject to change. Finalised census dates for 2022 will be available from the 1st October 2021.

About Census Dates

Learning Outcomes

  • Explain and reflect on the role of financial institutions in the economy.
  • Assess how financial institutions manage risk using some of the trading strategies and instruments available in financial markets.
  • Evaluate the role of monetary policy in an open economy.
Field of Education Commencing Student Contribution 1 Grandfathered Student Contribution 1 Approved Pathway Course Student Contribution 2 Domestic Full Fee
081101 $1,828.00 $1,432.00 not applicable

1 Please refer here more information on student contribution amounts.
2 Information on eligibility and Approved Pathway courses can be found here
If you have any questions in relation to the fees, please contact UConnect or more information is available on StudyAssist.

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

Requisites

Prerequisites

BEA220 OR BEA286

Teaching

AssessmentExamination - invigilated (externally - Exams Office) (50%)|Test or quiz (30%)|Assignment (20%)
TimetableView the lecture timetable | View the full unit timetable

Textbooks

Required

Eakins & Mishkin (2018). Financial Markets and Institutions (Global Edition), 9th edn, PearsonPrentice Hall, Boston

Recommended

In addition to the texts/software recommended above, you are also expected to be familiar with the key academic journals in the discipline from which useful insights maybe derived. In particular, you are encouraged to review regularly the relevant papers that are published in:

Useful Websites:

Reserve Bank of Australia: http://www.rba.gov.au/

Federal Reserve of St Louis data: http://research.stlouisfed.org/fred2/

European Central Bank: http://www.ecb.europa.eu/home/html/index.en.html Bank of Japan: http://www.boj.or.jp/en/

Economic Papers: http://econpapers.repec.org/ UTAS library E-Journal: http://rk9dr6cc2p.search.serialssolutions.com/?L=RK9DR6CC2P&V=1.0&tab=JOURNALS&N=100&S= T_AZ&C=E

LinksBooktopia textbook finder

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