CORPFIN 7048 - Applied Financial Institutions Management (M)
North Terrace Campus - Semester 1 - 2022
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General Course Information
Course Details
Course Code CORPFIN 7048 Course Applied Financial Institutions Management (M) Coordinating Unit Finance and Banking Term Semester 1 Level Postgraduate Coursework Location/s North Terrace Campus Units 3 Contact Up to 3 hours per week Available for Study Abroad and Exchange Y Prerequisites CORPFIN 7005 Assumed Knowledge CORPFIN 7033/COMMERCE 7033 Assessment Exam/assignments/tests/presentation/tutorial work as prescribed at first lecture Course Staff
Course Coordinator: Dr Erin Derina
Dr. Ratna Derina (Erin)
Location: Room 12.37, Nexus 10
Telephone: :8313 7137
Email: ratna.derina@adelaide.edu.auCourse Timetable
The full timetable of all activities for this course can be accessed from Course Planner.
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Learning Outcomes
Course Learning Outcomes
By the end of this course students will:- Understand the theories of financial intermediaries and the important roles of the financial institutions in the global economy
- Critically evaluate and analyse performance of financial institutions
- Understand the main types of risk financial institutions are exposed to, which includes interest rate risk, credit risk, market risk, off balance sheet risk, liquidity risk, foreign exchange risk and operational risk, and how they are interconnected
- Implement different methods to measure the main types of financial institution risk
- Implement methods in managing the risk including asset and liability management, capital management and securitisation
- Understand the application of the international standards of banking practice
- Engage in informed discussion of some of the contemporary issues in an international context, affecting financial institutions and their stakeholders
University Graduate Attributes
This course will provide students with an opportunity to develop the Graduate Attribute(s) specified below:
University Graduate Attribute Course Learning Outcome(s) Attribute 1: Deep discipline knowledge and intellectual breadth
Graduates have comprehensive knowledge and understanding of their subject area, the ability to engage with different traditions of thought, and the ability to apply their knowledge in practice including in multi-disciplinary or multi-professional contexts.
1,2,3,4,5,6,7 Attribute 2: Creative and critical thinking, and problem solving
Graduates are effective problems-solvers, able to apply critical, creative and evidence-based thinking to conceive innovative responses to future challenges.
1,2,3,4,5,6,7 Attribute 3: Teamwork and communication skills
Graduates convey ideas and information effectively to a range of audiences for a variety of purposes and contribute in a positive and collaborative manner to achieving common goals.
1,2,3,4,5,6,7 Attribute 4: Professionalism and leadership readiness
Graduates engage in professional behaviour and have the potential to be entrepreneurial and take leadership roles in their chosen occupations or careers and communities.
1,2,3,4,5,6,7 Attribute 5: Intercultural and ethical competency
Graduates are responsible and effective global citizens whose personal values and practices are consistent with their roles as responsible members of society.
1,2,3,4,5,6,7 Attribute 8: Self-awareness and emotional intelligence
Graduates are self-aware and reflective; they are flexible and resilient and have the capacity to accept and give constructive feedback; they act with integrity and take responsibility for their actions.
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Learning Resources
Required Resources
Lange, H., A. Saunders, M.M. Cornett (LSC) , “Financial Institutions Management” , Fourth Edition, McGraw Hill/Irwin ( 2015)Recommended Resources
Additional Readings :
Topic 1 :Financial Services Industry
1. Lewllyn D T, “Banking in the 21st century : The transformation of an industry “ in Readings in Financial Institution management : Modern Technique for a global industry edited by Tom Valentine and Guy Ford, Allen &Unwin (1999)
2. Australian Prudential Regulatory Authority, “Overview of the Australian Deposit-taking Sector”, APRA Insight (1), 2006.
Topic 2 : Performance Analysis and Measuring Risk Exposures
Saunders, J. M.M. Cornett appendix 7A in “Financial Institutions Management, 6th edition McGraw Hill/Irwin (2008)
Topic 10: Managing Risk : Liability and liquidity Management
Lange, H., A. Saunders,J.A. Anderson, D. Thomson, M.M. Cornett (LSATC) , chapter 16 (pages 413-417) in “Financial Institutions Management” , Second Edition, McGraw Hill/Irwin ( 2007)Online Learning
Lecture material such as presentation, articles, seminar questions and lecture recordings will be available on MyUni. Solutions to seminar questions not covered in seminars will be made available in the week following the seminar. -
Learning & Teaching Activities
Learning & Teaching Modes
Lectures are supported by problem solving workshops developing materials covered in lectures.Workload
The information below is provided as a guide to assist students in engaging appropriately with the course requirements.
The University expects full-time students (i.e. those taking 12 units per semester) to devote a total of 48 hours per week to their studies. This means that students are expected to commit approximately 9 hours for a three-unit course or 13 hours for a four-unit course, of private study outside of your regular classes. Students in this course are expected to attend all lectures throughout the semester.Learning Activities Summary
The course material is presented in 11 topics, as described below:
Topic 1 : Overview of Financial Institutions
Topic 2 : Measuring Financial Performance and Concepts of Risk Management
Topic 3 : Managing Interest Rate Risk
Topic 4 : Managing Credit Risk
Topic 5 : Managing Off Balance Sheet Risk
Topic 6 : Managing Foreign Exchange Risk
Topic 7 : Managing Market Risk
Topic 8 : Managing Liquidity Risk
Topic 9 : Liability and Liquidity Management
Topic 10 : Capital Management
Topic 11 : Securitisation -
Assessment
The University's policy on Assessment for Coursework Programs is based on the following four principles:
- Assessment must encourage and reinforce learning.
- Assessment must enable robust and fair judgements about student performance.
- Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
- Assessment must maintain academic standards.
Assessment Summary
Due to the current COVID-19 situation modified arrangements have been made to assessments to facilitate remote learning and teaching. Assessment details provided here reflect recent updates.
The assessment components are as follows:
Assessment Task Due Date Weighting Learning Outcome Mid Semester Test (topics 1-3) Week 6 (online) 20% 1-3 Group Assignment Week 12 20% 1-4,7 Final Exam (all topics, closed book) Exam Period (see Access Adelaide) 60% 1-6 Total 100%
Specific due dates will be published on MyUni.
Bonus mark for early submission of the assignment: 2.5 marks
Assessment Detail
The assessment consists of tutorials, mid semester test, SGDE group assignment and final examination.
o Mid Semester Test will be held on Friday, Week 6 from 4 to 7pm (Adelaide time).
The test will run online for 1.5 hours.
The test will cover topics 1 to 3.
o Small Group Discovery :
-Group assignment is to be done in a group up to 4 people. Group members can be from different tutorial classes. All team members are expected to contribute approximately equally to the group assignment. The assignment is due by 11.59pm (Adelaide time) on Friday, Week 12.
- Early submission bonus mark : A bonus of 2.5 marks is applied for early submission of the assignment (by 11.59pm - Adelaide time - on Tuesday, Week 12. If the assignment is submitted later than this time, then the bonus is not applied.
A late assignment (without prior arrangement) will be penalised by a 1 mark reduction (or 5% of the possible maximum mark applicable for the assignment) for each day that it is late.
o Final exam will be closed book, it covers all topics. No minimum mark for the final exam is required to pass the course.
Submission
Group assignment reports should be submitted electronically by the group leader. The link for the Turnitin Assignment tool has been created under the Assignment page entitled “AFIM Group Assignment Submission” in the MyUni site.
You can upload your assignment directly by following the prompts. For guidance on how to submit your assignment electronically via MyUni Canvas, go to http://www.adelaide.edu.au/myuni/tutorials/ and click on the “Submit an Assignment” tutorial. You will need to upload a Word or pdf version of your assignment to Turnitin.
Presentation of Assignments
•• Students must retain a copy of all assignments submitted.
• When submitting your assignment, please attach a ‘ Group Assignment Cover Sheet’, which must inlcude the names and student IDs of all group members.Assignment Guidelines including Referencing Details
Communication Skills Guide will have been given to you at the beginning of your program. This guide will assist you structure your assignments. A copy of the guide can also be downloaded from http://www.business.adelaide.edu.au/current/mba/download/2009MBACommSkillsGuide.pdf This publication also provides guidelines on a range of other important communication skills including writing essays and management reports, making oral presentations etc.
In preparing any written piece of assessment for your undergraduate studies it is important to draw on the relevant ‘literature’ to support critical analysis. Also essential is to reference the literature used. Correct referencing is important because it identifies the source of the ideas and arguments that you present, and sometimes the source of the actual words you use, and helps to avoid the problem of plagiarism. (Further information on plagiarism is provided later in this course outline.)
The Harvard system is widely used in the Business School. Guidelines for the use of this style of referencing can be found in the Communication Skills Guide. Further assistance with referencing is available from the Faculty’s Learning Support Advisors. The contact details are provided on page 6 of the Communication Skills Guide.
Late Assignment Submission
Students are expected to submit their work by the due date to maintain a fair and equitable system. Extensions will generally only be given for medical or other serious reasons. All requests for extensions must be emailed to the lecturer in charge of the course before the due date. Each request will be assessed on its merits.
A late assignment (without prior arrangement) will be penalised by a 1 mark reduction (or 5% of the possible maximum mark applicable for the assignment) for each day that it is late.
Return of Assignments
Lecturer aims to mark and return assignments to students within three (3) weeks of the due date with written feedback.Course Grading
Grades for your performance in this course will be awarded in accordance with the following scheme:
M10 (Coursework Mark Scheme) Grade Mark Description FNS Fail No Submission F 1-49 Fail P 50-64 Pass C 65-74 Credit D 75-84 Distinction HD 85-100 High Distinction CN Continuing NFE No Formal Examination RP Result Pending Further details of the grades/results can be obtained from Examinations.
Grade Descriptors are available which provide a general guide to the standard of work that is expected at each grade level. More information at Assessment for Coursework Programs.
Final results for this course will be made available through Access Adelaide.
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Student Feedback
The University places a high priority on approaches to learning and teaching that enhance the student experience. Feedback is sought from students in a variety of ways including on-going engagement with staff, the use of online discussion boards and the use of Student Experience of Learning and Teaching (SELT) surveys as well as GOS surveys and Program reviews.
SELTs are an important source of information to inform individual teaching practice, decisions about teaching duties, and course and program curriculum design. They enable the University to assess how effectively its learning environments and teaching practices facilitate student engagement and learning outcomes. Under the current SELT Policy (http://www.adelaide.edu.au/policies/101/) course SELTs are mandated and must be conducted at the conclusion of each term/semester/trimester for every course offering. Feedback on issues raised through course SELT surveys is made available to enrolled students through various resources (e.g. MyUni). In addition aggregated course SELT data is available.
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Student Support
- Academic Integrity for Students
- Academic Support with Maths
- Academic Support with writing and study skills
- Careers Services
- International Student Support
- Library Services for Students
- LinkedIn Learning
- Student Life Counselling Support - Personal counselling for issues affecting study
- Students with a Disability - Alternative academic arrangements
- YouX Student Care - Advocacy, confidential counselling, welfare support and advice
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Policies & Guidelines
This section contains links to relevant assessment-related policies and guidelines - all university policies.
- Academic Credit Arrangements Policy
- Academic Integrity Policy
- Academic Progress by Coursework Students Policy
- Assessment for Coursework Programs Policy
- Copyright Compliance Policy
- Coursework Academic Programs Policy
- Elder Conservatorium of Music Noise Management Plan
- Intellectual Property Policy
- IT Acceptable Use and Security Policy
- Modified Arrangements for Coursework Assessment Policy
- Reasonable Adjustments to Learning, Teaching & Assessment for Students with a Disability Policy
- Student Experience of Learning and Teaching Policy
- Student Grievance Resolution Process
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Fraud Awareness
Students are reminded that in order to maintain the academic integrity of all programs and courses, the university has a zero-tolerance approach to students offering money or significant value goods or services to any staff member who is involved in their teaching or assessment. Students offering lecturers or tutors or professional staff anything more than a small token of appreciation is totally unacceptable, in any circumstances. Staff members are obliged to report all such incidents to their supervisor/manager, who will refer them for action under the university's student’s disciplinary procedures.
The University of Adelaide is committed to regular reviews of the courses and programs it offers to students. The University of Adelaide therefore reserves the right to discontinue or vary programs and courses without notice. Please read the important information contained in the disclaimer.
