Enrolments for 2022 have closed.
Banking and Financial Institutions
Undergraduate | TAS-BEA321 | 2022
Course information for 2022 intake View information for 2024 course intake
- Study method
- 100% online
- Assessments
- 100% online
- Entry requirements
- Part of a degree
- Duration
- 14 weeks
HECS-HELP and FEE-HELP available
Banking and Financial Institutions
About this subject
Upon completion of this subject, the students should be able to:
- 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
- 1. Week 1
- 1.1) Overview of the financial system;
- 1.2) role of markets and intermediaries;
- 1.3) flow of funds
- 2. Week 2
- 2.1) Why Do interest rate change?
- 2.2) How do risk and term structure affect interest rate?
- 3. Week 3
- 3.1) Are financial markets efficient?
- 3.2) Why Do financial institutions exist?
- 4. Week 4
- 4.1) Central Banks: A global perspective
- 5. Week 5
- 5.1) The RBA and Australian monetary policy
- 6. Week 6
- 6.1) The Taylor rule
- 7. Week 7
- 7.1) The money market and the bond market
- 8. Week 8
- 8.1) The stock market and the mortgage market
- 9. Week 9
- 9.1) Foreign exchange markets
- 10. Week 10
- 10.1) The international financial system
- 11. Week 11
- 11.1) Fixed exchange rate and monetary policy: The Chinese case
- 12. Week 12
- 12.1) Global financial crisis: Causes, consequences and the aftermath
- 13. Week 13
- 13.1) Final review
This is a third-year subject and a compulsory subject in the Economics Foundations and Finance majors in the Bachelor of Economics. It is an elective subject in Economic Analysis major in the Bachelor of Economics and the Finance major in the Bachelor of Business. The subject 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 subject 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 subject.
- Individual Assignment (30%)
- Online quizzes (x 2) (40%)
- Group Research Report (30%)
For textbook details check your university's handbook, website or learning management system (LMS).
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Entry requirements
Part of a degree
To enrol in this subject you must be accepted into one of the following degrees:
Core
- TAS-BFI-DEG-2022 - Bachelor of Business (Finance)
Elective
- TAS-BEC-DEG-2022 - Bachelor of Business and Bachelor of Economics
- TAS-BJS-DEG-2022 - Bachelor of Business and Bachelor of Justice Studies
- TAS-BPS-DEG-2022 - Bachelor of Business and Bachelor of Psychological Science
- TAS-BBS-DEG-2022 - Bachelor of Business and Bachelor of Science
Prior study
You must either have successfully completed the following subject(s) before starting this subject, or currently be enrolled in the following subject(s) in a prior study period; or enrol in the following subject(s) to study prior to this subject:
one of
Please note that your enrolment in this subject is conditional on successful completion of these prerequisite subject(s). If you study the prerequisite subject(s) in the study period immediately prior to studying this subject, your result for the prerequisite subject(s) will not be finalised prior to the close of enrolment. In this situation, should you not complete your prerequisite subject(s) successfully you should not continue with your enrolment in this subject. If you are currently enrolled in the prerequisite subject(s) and believe you may not complete these all successfully, it is your responsibility to reschedule your study of this subject to give you time to re-attempt the prerequisite subject(s).
Additional requirements
No additional requirements
Study load
- 0.125 EFTSL
- This is in the range of 10 to 12 hours of study each week.
Equivalent full time study load (EFTSL) is one way to calculate your study load. One (1.0) EFTSL is equivalent to a full-time study load for one year.
Find out more information on Commonwealth Loans to understand what this means to your eligibility for financial support.
Related degrees
Once you’ve completed this subject it can be credited towards one of the following courses
UndergraduateTAS-BFI-DEG
UndergraduateTAS-BEC-DEG
UndergraduateTAS-BJS-DEG
UndergraduateTAS-BPS-DEG
UndergraduateTAS-BBS-DEG