FINM1001 Money Markets and Finance

First Year Course

Offered By	School of Finance and Applied Statistics
Academic Career	Undergraduate
Course Subject	Financial Management
Offered in	Summer Session, 2009, First Semester, 2009, Second Semester, 2009, Summer Session, 2010, First Semester, 2010, and Second Semester, 2010
Unit Value	6 units
Course Description	Money Markets and Finance is designed to familiarise students with the components of the financial system as well as to introduce them to the three basic ideas underpinning finance: the time value of money; diversification; and, arbitrage. The aim of the course is to provide students with introductory exposure to financial transactions, institutions and markets including money markets, stock markets, foreign exchange, derivative markets and contracts. It provides students with a solid foundation that is subsequently built upon in units including Corporate Finance (FINM2001), Financial Instruments and Risk Management (FINM2002) and Investments (FINM3001).
Learning Outcomes	By the end of this course students are expected to have attained a sound working knowledge of financial transactions, institutions and markets including money markets, stock markets, foreign exchange, derivative markets and contracts. They are also expected to have a good understanding of the three basic ideas underpinning finance: the time value of money; diversification; and, arbitrage.
Indicative Assessment	In-Class Assessment Tasks (best 2 of 3 quizzes and best 2 of 3 in-tutorial discussions) 10% Mid-Semester Examination (0% if the mid-semester exam is not attempted or it is redeemed in the final, or 30% if the exam is not redeemed in the final) Final Examination (90% if the mid-semester exam is redeemed, or 60% if the mid-semester exam is not redeemed) To obtain an automatic pass grade in this unit you must obtain 50% or more as an aggregate mark on the assessment.
Workload	At least three contact hours per week (a two hour lecture and a one hour tutorial) plus private study time.
Areas of Interest	Finance
Requisite Statement	Completion of or concurrent enrolment in STAT1008 Quantitative Research Methods, or STAT1003 Statistical Techniques, or STAT2001 Introductory Mathematical Statistics, or current enrolment in the Bachelor of Actuarial Studies or associated combined degree.
Prescribed Texts	See Course Outline: http://ecocomm.anu.edu.au/courses/outline/FINM1001.pdf
Preliminary Reading	See Course Outline: http://ecocomm.anu.edu.au/courses/outline/FINM1001.pdf
Indicative Reading List	See Course Outline: http://ecocomm.anu.edu.au/courses/outline/FINM1001.pdf
Other Information	For further information please refer to http://ecocomm.anu.edu.au/courses/course.asp?code=FINM1001
Academic Contact	See http://ecocomm.anu.edu.au/courses/course.asp?code=FINM1001

The information published on the Study at ANU 2009 website applies to the 2009 academic year only. All information provided on this website replaces the information contained in the Study at ANU 2008 website.