Banking Operations and Governance
Duration
- One Semester or equivalent
Contact hours
- 36 hours
On-campus unit delivery combines face-to-face and digital learning. For Online unit delivery, learning is conducted exclusively online.
Prerequisites
Or
or
Aims and objectives
This unit expands the understanding of theoretical concepts introduced in prior units on monetary policy and financial markets. Students will be taken through the development, regulation and deregulation of the Australian financial market, and how changes have corresponded to changes in economic thought. The unit provides an overview of monetary theory, debt, equity and derivative markets and the role of derivative products in risk management. The impacts of how changes in official interest rates are transmitted to activity in the real economy are also explored as are current fiscal and monetary policy.
Students who successfully complete this unit will be able to:
1 Explain the special functions of Financial institutions and how financial intermediation benefits the economy
2 Explain key balance sheet and regulatory features of the major financial services industry
3 Demonstrate the measurement of net interest risk and explain how interest rate margin can be used as a source of profitability and risk
Unit information in detail
- Teaching methods, assessment, general skills outcomes and content.
Teaching methods
Face to Face Mode:
Scheduled hours: Lectures (12 x 2 hours), Tutorials (12 x 1 hour)
Other Student workload: Other activities including independent study and assessment tasks for a total of approximately 150 hours
Online:
Students are expected to spend 12 hrs per week in engagement online with learning activities and discussion boards; and other activities including independent study and assessment tasks for a total of approximately 150 hours
Assessment
1. Assignment 1 (Individual) 20-30%
2. Assignment 2 (Individual) 20-30%
3. Final Examination (Individual) 40-60%
General skills outcomes
During this unit students will receive feedback on the following key generic skills:
• analysis skills
• communication skills
• ability to tackle unfamiliar problems, and
• ability to work independently
Content
• Risks of the financial institutions
• Regulatory requirements and Off-Balance-sheet activities
• Interest rate Risk
• Market Risk
• Credit Risk
• Technology and Operational Risk
• Liquidity and Liability & Liquidity Management
Study resources
- Reading materials.
Reading materials
Students are advised to check the unit outline in the relevant teaching period for appropriate textbooks and further reading.