51459 FINANCE HONOURS C

Year	No.	Offer	Mode	Description			Cred. Pts
99	51459 	S1  	D 	FINANCE HONOURS C         	1.00

Contents


STAFFING:

Examiner: D. RALSTON
Moderator: M. SATHYE

SYNOPSIS:

Financial Institutions play a central role in the economy, and are a sufficiently different form of corporate entity to warrant investigation in their own right. This unit provides an opportunity to explore the theoretical underpinnings of financial institution behaviour, and to examine the application of mainstream finance theory to research in financial institutions.


OBJECTIVES:

On successful completion of this unit students will be able
to:

  1. demonstrate an understanding of the role of financial
    institutions, their particular functions, and the impact of
    technology on this role;
  2. discuss the objectives of financial regulation, from the
    perspective of both public and private regulation theories;
  3. critically analyse alternative models of financial
    institution, behaviour;
  4. integrate a range of mainstream finance theories, such as
    portfolio, contingency and agency theories to explain the
    behaviour of financial institutions;
  5. discuss the main strands of empirical research into financial
    institutions.

TOPICS:

 Description                                                    Weighting(%)
  1. Research in financial institutions 10.00

  2. The role of financial institutions 10.00

  3. Regulation of financial institutions 10.00

  4. Modelling financial institution behaviour 10.00

  5. Portfolio theory applications 15.00

  6. Contingency theory applications 10.00

  7. Economies of scope and scale, x-efficiency 15.00

  8. Failure in financial institutions 10.00

  9. International banking 10.00


TEXT and MATERIALS to be PURCHASED:

Hoffernan, S, 1996, 'Modern Banking in Theory and Practice', Wiley,
England.

Readings will be distributed to students throughout the course.


RECOMMENDED REFERENCE MATERIALS:

To be advised.


ASSESSMENT DETAILS:

No  *F/S Marks     Due        Description                              Wtg(%)    LBL WWW
1   F    100.00    08/03/99  ASSIGNMENT 1                              20.00     N   N
2   F    100.00    17/05/99  ASIGNMENT 2                               50.00     N   N
3   F    100.00    17/06/99  EXAMINATION                               30.00     N   N

*F=Formative, S=Summative

OTHER REQUIREMENTS:

1    TO GAIN A PASSING GRADE IN THE UNIT A STUDENT MUST: TO BE ADVISED
2    Students  must  retain a copy of all pieces of  assessment  which
     must be produced if/when required by the lecturer.
3    LATE ASSIGNMENTS
3.1  All  assessments submitted after the due date (and  not  approved
     for  extension)  in  accordance with university  policy  will  be
     penalised 20% per working day.
3.2  If  students  submit assignments after the due date and  wish  to
     claim extenuating circumstances then they shall provide validated
     documentary   evidence  with  the  assignment,   explaining   the
     circumstances.
3.3  The  unit  examiner shall consider the statement  accompanying  a
     late assignment and decide on the outcome.
4    DISHONEST ACTIONS
4.1  Any student who is alleged to having performed a dishonest action
     relating  to  any assessment in the unit will have  a  course  of
     action   taken  against  him/her  as  outlined  in  the  Academic
     Regulations.
4.2  Pieces  of  assessment should be the work of individual  students
     unless  otherwise indicated in the assessment details.  In  other
     circumstances,  joint  pieces  of assessment  are  not  permitted
     unless written approval has been obtained from the unit leader.
5    Students  should also refer to the Faculty of Commerce `Guide  to
     Policies  and Procedures' section of the University Handbook  for
     further information on the above matters.

This information is accurate as at 17/11/99