Financial Markets and Instruments

Subject FNCE90047 (2013)

Note: This is an archived Handbook entry from 2013.

Credit Points: 12.50
Level: 9 (Graduate/Postgraduate)
Dates & Locations:

This subject is not offered in 2013.

Time Commitment: Contact Hours: Three hours of lectures and seminars per week
Total Time Commitment:

Estimated total time commitment of 120 hours per semester


Completion of FNCE30002 Corporate Finance or FNCE90018 Corporate Financial Policy.

This subject is only available to students who would satisfy the entry criteria for the Master of Finance, the Postgraduate Diploma in Finance and for students in the Master of Accounting who have completed FNCE90018 Corporate Financial Policy.

Study Period Commencement:
Credit Points:
Not offered in 2013


Recommended Background Knowledge:


Non Allowed Subjects:


Core Participation Requirements:

For the purposes of considering requests for Reasonable Adjustments under the Disability Standards for Education (Cwth 2005), and Students Experiencing Academic Disadvantage Policy, academic requirements for this subject are articulated in the Subject Description, Subject Objectives, Generic Skills and Assessment Requirements for this entry.

The University is dedicated to provide support to those with special requirements. Further details on the disability support scheme can be found at the Disability Liaison Unit website:


Graduate School of Business and Economics
Level 4, 198 Berkeley Street
Telephone: +61 3 8344 1670
Online Enquiries

Subject Overview:

The structure of the financial system; terminology, trading and pricing of money and capital market instruments; duration, value at risk, financial market volatility; term structure of interest rates; inflation, interest rates and indexed securities; regulation of securities markets and financial institutions; market; tax treatment of financial institutions; tax and company finance; futures markets; options markets; forward rate agreements; swaps; developments in retail financial markets.


On successful completion of this subject students should be able to:

  • Analyse the nature of financial markets and explain the principles by which financial markets operate;
  • Describe the major institutional participants and markets;
  • Explain the risk return spectrum and the characteristics of financial instruments;
  • Describe derivatives and explain how they are used in the management of financial risk;
  • Apply the theory of regulation to current markets and critically assess the current regulatory structures.
  • 3-hour end-of-semester examination (70%)
  • Assignments totalling not more than 3000 words (30%)
Prescribed Texts:

You will be advised of prescribed texts by your lecturer.

Breadth Options:

This subject is not available as a breadth subject.

Fees Information: Subject EFTSL, Level, Discipline & Census Date
Generic Skills:

On successful completion of this subject, students should have improved the following generic skills:

  • Oral communication
  • Written communication
  • Collaborative learning
  • Problem solving
  • Team work
  • Statistical reasoning
  • Application of theory to practice
  • Interpretation & analysis
  • Critical thinking
  • Synthesis of data and other information
  • Evaluation of data and other information
  • Using computer software
  • Accessing data and other information from a range of sources
Related Course(s): Master of Accounting
Master of Accounting
Master of Finance
Postgraduate Diploma in Finance

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