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FINM1001 Foundations of Finance

First Year Course

Offered By Rsch Sch of Finance, Actuarial Studies & App Stats
Academic Career Undergraduate
Course Subject Financial Management
Offered in First Semester, 2012, Second Semester, 2012, First Semester, 2013, and Second Semester, 2013
Unit Value 6 units
Course Description

Foundations of 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 for later studies in finance. 

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)
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.

Prescribed Texts

See Course Outline

Preliminary Reading

See Course Outline

 

Indicative Reading List

See Course Outline

Majors/Specialisations Finance
Other Information

For further information please refer to course website

Academic Contact See http://ecocomm.anu.edu.au/courses/course.asp?code=FINM1001

The information published on the Study at ANU 2012 website applies to the 2012 academic year only. All information provided on this website replaces the information contained in the Study at ANU 2011 website.

Updated:   13 Nov 2015 / Responsible Officer:   The Registrar / Page Contact:   Student Business Solutions