FINM1001 Foundations of Finance is designed to familiarise students with components of the financial system, providing them with introductory exposure to financial transactions, institutions and markets including money markets, stock markets, foreign exchange markets, derivative markets and contracts.  Thereafter, it introduces the three basic ideas underpinning finance, namely: The time value of money; Diversification; and, Arbitrage.  The course provides students with a solid foundation that is subsequently built upon in units including FINM2001 Corporate Finance, FINM2002 Derivatives and FIN2003 Investments.  

Upon successful completion of the requirments for this course students will have:

• a sound working knowledge of financial transactions, institutions and markets including money markets, stock markets, foreign exchange, derivative markets and contracts. 
• a good understanding of the three basic ideas underpinning finance: the time value of money; diversification; and, arbitrage.

• In-Class Quizzes: Best 4 of 5 quizzes will collectively have a value of 10%;
• Optional Redeemable Mid-Semester Examination: Will have a value 0% if the mid-semester exam is not attempted / is attempted but redeemed in the final exam; or, 30% if the mid-semester exam is attempted and not redeemed in the final exam; and,
• Final Examination: Will have a value of 90% if the mid-semester exam is not attempted / is attempted but redeemed in the final exam; or, 60% if the mid-semester exam is attempted and not redeemed in the final exam.

At least three contact hours per week (a two hour lecture and a one hour tutorial) plus private study time.

Completion of or concurrent enrolment in STAT1008 Quantitative Research Methods or STAT1003 Statistical Techniques.

See Course Outline

See Course Outline

See Course Outline

For further information please refer to course website