Course overview
This course will examine the types of financial markets and financial securities found both in Australia and internationally, and analyse the major forces affecting the structure of international financial markets and global capital movements as well as the practices associated with the analysis of financial markets from within the perspective of modern financial theory. Introduction to finance, characteristics and types of financial securities, the role of financial markets, and the regulation of financial systems; interpreting financial statements; the time value of money, basics, extensions and applications; analysis of and introduction to the valuation of financial securities, money market securities, bonds, stocks, foreign currency, forwards and futures, options, warrants and convertibles; and important contributions to modern financial theory, notably portfolio theory, asset pricing, and efficient market concepts.
Course learning outcomes
- Explain the characteristics of modern financial markets and major financial securities.
- Analyse and conduct simple valuations of securities traded in major financial markets.
- Review the causes and implications of failure in financial markets, and the limitations this imposes on the use of financial models in valuation, security selection, and risk management.
- Demonstrate UniSA Business Enterprise Skills in the context of the Finance discipline: i) Self-Management (foundation and intermediate levels); ii) Problem Solving (foundation level); iii) Teamwork (foundation level); iv) Written Communication (intermediate level); and v) International Perspective (intermediate level).