FINM7041 Applied Financial Instruments and Risk Management
| Offered By | School of Finance, Actuarial Studies & Appl Stats |
|---|---|
| Academic Career | Graduate Coursework |
| Course Subject | Financial Management |
| Offered in | First Semester, 2011, Second Semester, 2011, First Semester, 2012, and Second Semester, 2012 |
| Unit Value | 6 units |
| Course Description |
The course is designed to introduce students to futures and options contracts and their use in managing risk. This course provides a broad introduction to the options, futures, forward, swaps and interest rate markets and outlines the different ways in which they can be used in managing risk. It describes the mechanics of how options, futures and forward contracts work and shows how prices of these contracts can be determined. It demonstrates how trading and hedging strategies can be set up using derivatives. |
| Learning Outcomes |
By the end of this course, students are expected to have a basic understanding of how derivatives securities function, how these contracts are priced via arbitrage, and how derivatives can be used in risk management. Students are also required to prepare a practical essay on derivatives and risk management. |
| Indicative Assessment |
In-Class Quizzes (Best 4 of 5) 10% Assignment 15% Mid-Semester Examination 25% Final Examination 50% Total 100% |
| Workload |
10 hrs per week for 13 weeks=130hrs |
| Course Classification(s) | SpecialistSpecialist courses are designed for students having reached 'first degree' level of assumed knowledge, which provide for the acquisition of specialist skills; or 'second degree' and higher level of knowledge; or for transition to research training programs; or knowledge associated with professional accreditation. and TransitionalTransitional courses are designed for students from a broad range of backgrounds and learning achievements, which provide for the acquisition of generic skills; or an informed understanding of contemporary issues; or fundamental knowledge for transition to Advanced or Specialist courses. |
| Areas of Interest | Finance |
| Eligibility | At least an average of 65% (or equivalent) in the final two years of an Australian undergraduate degree |
|
Assumed Knowledge and Required Skills |
Introductory courses in both Accounting and Finance |
| Requisite Statement |
Pre-requisites: STAT7055 Financial Statistics, FINM7006 Foundations of Finance and BUSN7008 Financial Statements and Reporting |
| Prescribed Texts |
See Course Outline: http://ecocomm.anu.edu.au/courses/outline/FINM7041.pdf |
| Preliminary Reading |
See Course Outline: http://ecocomm.anu.edu.au/courses/outline/FINM7041.pdf
|
| Indicative Reading List |
See Course Outline: http://ecocomm.anu.edu.au/courses/outline/FINM7041.pdf |
| Programs | Master of Business, Master of Commerce, Master of Business, Master of Commerce, Graduate Certificate in Financial Management, Master of Financial Management, Master of Finance, Master of Business Administration, and Master of Management |
| Other Information |
For further information please refer to http://ecocomm.anu.edu.au/courses/course.asp?code=FINM7041 |
| Academic Contact | See http://ecocomm.anu.edu.au/courses/course.asp?code=FINM7041 |
The information published on the Study at ANU 2011 website applies to the 2011 academic year only. All information provided on this website replaces the information contained in the Study at ANU 2010 website.
