Year No. Offer Mode Description Cred. Pts 01 52507 S3 X FINANCIAL RISK MANAGEMENT 1.00
The deregulation of financial markets has resulted in the need for increased awareness by corporations, as financial decisions are exposed. This risk principally arises due to unexpected changes in interest rates, exchange rates, commodity prices and equity price movements. In response to the challenge of managing these risks, derivative instruments have provided the means for the financial engineering of strategies for the appropriate risk management needs of each firm or individual.
This unit examines advanced theoretical, empirical and practical aspects of corporate risk management. The unit provides the opportunity to identify, measure and respond to the risk management problems of organisations and individuals through the use of strategies involving derivative market products such as forwards, futures, options and swaps.
On successful completion of this unit students will be able
to:
Description Weighting(%)
- Rationale for financial risk management 10.00
- Futures 30.00
- Options 30.00
- Swaps 20.00
- Performance Evaluation 10.00
ACTIVITY HOURS Directed Study 56 Private Study 89 Assessments 20
No *F/S Marks Due Description Wtg(%) LBL WWW 1 S 100.00 11/01/02 ASSIGNMENT 1 35.00 Y N 2 S 100.00 END S3 EXAMINATION 3 HOURS 65.00 N N
1 To achieve a passing grade in this unit, students must attempt
all of the assessments, achieve at least 50% in the examination
and at least 50% of the available marks for the unit. Final
grades for the unit will be determined by the addition of the
marks obtained in each assessment item, weighted as in the
Assessment Details and by considering the student's level of
achievement of the objectives of the unit.
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 Assignments not submitted in the appropriate assignment folders
will be deemed as not being received.
5 DISHONEST ACTIONS
5.1 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.
5.2 Pieces of assessment should be the work of individual students.
Joint pieces of assessment are not permitted unless written
approval has been obtained from the unit leader.
6 DEFERRED EXAMINATIONS
6.1 Deferred examinations will be granted at the Dean's discretion in
the case of medical or compassionate circumstances having regard
to item 1. If a deferred examination has been granted students
shall normally sit the deferred examination in the semester in
which the unit is nextoffered, BUT NO LATER THAN THE NEXT
SEMESTER 3 EXAMINATION PERIOD. If, for whatever reason, this
deferred examination is not taken then the student will be graded
`F'.
6.2 Medical evidence on the appropriate University of Southern
Queensland medical certificate or doctor's certificate must be
received by the Faculty Administrator no later than twenty-one
(21) days after examination date. A medical certificate must be
dated with the same date as the period of illness for which the
absence from examination is being sought and clearly indicate the
student's name and, if possible, student number. (Retrospective
medical certificates will not be accepted for either assignment
work or examinations.) Only original or certified medical
certificates will be accepted.
6.3 A student's medical condition must be stated clearly (IN ENGLISH)
(Certificates stating a student has a `Medical Condition' may not
be sufficient grounds for deferment of examination). Medical
evidence must cover the student for the day(s) of the missed
examination(s).
6.4 Requests must be in writing to the Faculty Administrator clearly
stating the student name and number, unit number of the
examination missed due to illness and current address. Deferral
of an examination CANNOT be granted on an existing deferral in
that unit.
6.5 Requests on grounds other than medical MUST BE supported by
documentation.
6.6 Students must have submitted a genuine attempt at all mandatory
assessment items.
6.7 Students who have a medical condition or have genuine
compassionate or work related problems on the day of the
examination are advised to obtain documentary evidence and NOT
attempt the examination. If a student makes an attempt at the
examination, the assessment item will be marked and a grade
awarded. In these cases, a student cannot, after receiving a Fail
grade, request a deferred examination or special consideration.
6.8 Students who have been granted deferred examinations will not be
granted a waiver of prerequisites, without the permission of the
Heads of Department, in subsequent semesters (if they do not have
a passing grade).
7 Unit weightings of topics should not be interpreted as applying
to the number of marks allocated to questions testing those
topics in an examination paper. The examination may test material
already tested in assignments.
8 Mechanised erasers, mobile telephones and other electronic media
are not permitted in exam venues.
9 The examination will be restricted. Students will be allowed to
bring a quiet, battery-operated non-programmable calculator into
the examination. Dictionaries are NOT to be used in the
examination.
10 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.
11 Computer/Software requirements are outlined in the introductory
booklet for external students or will be outlined in the initial
lecture for internal students.