FINM3006 Financial Intermediation and Debt Markets
Later Year Course
| Offered By | School of Finance, Actuarial Studies & Appl Stats |
|---|---|
| Academic Career | Undergraduate |
| Course Subject | Financial Management |
| Offered in | First Semester, 2010 and First Semester, 2011 |
| Unit Value | 6 units |
| Course Description |
This course will begin by analysing the theory and practice of financial intermediation, broadly construed to include banks, savings institutions and investment/merchant banks. Topics include the role of banking firms in a developed capital market, their impact on corporate financial decisions for nonbanking firms, regulatory efforts and market discipline, and securitization - pros and cons. Focus then shifts to analysis of fixed-income securities. This course provides an analytical framework for valuing fixed income securities. We discuss the institutional structure of the fixed income markets and the role they play in portfolio management. Models are developed dealing with interest rate risk. |
| Indicative Assessment |
Assessment in the course is based on a major project, mid-semester examination and final examination. |
| Workload |
At least three contact hours per week. |
| Areas of Interest | Finance |
| Requisite Statement |
FINM1001 Money Markets and Finance |
| Prescribed Texts | See Course Website |
| Other Information | See Course Website |
| Academic Contact | School of Finance, Actuarial Studies and Applied Statistics |
The information published on the Study at ANU 2010 website applies to the 2010 academic year only. All information provided on this website replaces the information contained in the Study at ANU 2009 website.
