Unit convenor and teaching staff |
Unit convenor and teaching staff
Shane Magee
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Credit points |
Credit points
10
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Prerequisites |
Prerequisites
Admission to Master of Applied Finance or Graduate Diploma of Applied Finance
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Corequisites |
Corequisites
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Co-badged status |
Co-badged status
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Unit description |
Unit description
This unit assesses the structure, instruments and participants in the Financial System. It covers the theory and practical application of financial instruments including debt, equity, hybrids and derivatives. It also articulates the roles and objectives of participants in the system, social contracts and regulation. |
Information about important academic dates including deadlines for withdrawing from units are available at https://www.mq.edu.au/study/calendar-of-dates
On successful completion of this unit, you will be able to:
Late Assessment Submission Penalty (written assessments)
Unless a Special Consideration request has been submitted and approved, a 5% penalty (of the total possible mark) will be applied each day a written assessment is not submitted, up until the 7th day (including weekends). After the 7th day, a grade of ‘0’ will be awarded even if the assessment is submitted. Submission time for all written assessments is set at 11.55pm. A 1-hour grace period is provided to students who experience a technical concern.
For any late submissions of time-sensitive tasks, such as scheduled tests/exams, performance assessments/presentations, and/or scheduled practical assessments/labs, students need to submit an application for Special Consideration.
Name | Weighting | Hurdle | Due |
---|---|---|---|
Class activities | 20% | No | Online quizzes due: 7 Apr, 14 Apr, 21 Apr, 12 May, 2 Jun |
Assignment | 40% | No | 19 May |
Final assessment | 40% | No | University examination period |
Assessment Type 1: Participatory task
Indicative Time on Task 2: 20 hours
Due: Online quizzes due: 7 Apr, 14 Apr, 21 Apr, 12 May, 2 Jun
Weighting: 20%
Tasks set with online classes including quizzes, online or recorded presentations, learning portfolio, analytical tasks and participation.
Assessment Type 1: Case study/analysis
Indicative Time on Task 2: 30 hours
Due: 19 May
Weighting: 40%
Assessment of finance transactions. Individual task up to 4,000 words.
Assessment Type 1: Practice-based task
Indicative Time on Task 2: 20 hours
Due: University examination period
Weighting: 40%
A time-constrained task based on scenarios.
1 If you need help with your assignment, please contact:
2 Indicative time-on-task is an estimate of the time required for completion of the assessment task and is subject to individual variation
Recommended Text
McDonald, R.L., 2013, Derivatives Markets, Pearson New International Edition, 3rd Edition, Pearson, ISBN 9781292021256
The Pearson New International Edition is based on the U.S. 3rd Edition ISBN 9781292021256
For information on textbook prices and online ordering, please refer to Pearson’s at https://www.pearson.com.au/products/detail?isbn=9781292021256
Useful References
Bodie, Z., Kane, A., and Marcus, A.J., 2014, Investments, 11th edition, McGraw Hill.
McDonald, R.L., 2009, Fundamentals of Derivatives Markets, Pearson.
Viney, C., and Phillips, P.J., 2019, Financial Institutions, Instruments & Markets.
Learning and Teaching Activities
Strategy: Programs in the Applied Finance Centre adopt a deep teaching and learning strategy in which students acquire and retain knowledge and also are able to make sense of the issues and concepts and apply them in the “real world”. The program relies heavily on student engagement and participation by: (a) Continuous learning throughout the term. This is encouraged through a combination of students undertaking prescribed reading throughout the units and/or completion of practice problems, online activities, case studies, assignments, class discussions, etc and interaction via forums; and (b) Assessments, which enable the student to demonstrate his/her understanding of the learning objectives achieved through the continuous learning.
Student Participation: This is blended unit where students need to complete assigned activities before live Zoom sessions and block teaching. Students participate in this unit by: (a) Actively engaging with the videos and required readings of this unit; (b) Working systematically through and completing online activities; (c) Interacting in forums; and (d) Completing all assessment tasks.
Week | Topic | Session Details |
1 | Introduction |
Zoom webinar: Wed 3 Apr 6:00pm - 7:30pm |
2 | Valuation, risk and return |
Zoom webinar: Wed 10 Apr 6:00pm - 7:30pm |
3 | The building block financial instruments |
Zoom webinar: Wed 17 Apr 6:00pm - 7:30pm |
4 | Forwards, futures and options: Pricing and applications |
Block Weekend: Sat 27 Apr 10:00am - 3:00pm; Sun 28 Apr 10:00am - 3:00pm Attendance: Online via Zoom |
5 | Further option pricing |
Zoom webinar: Wed 1 May 6:00pm - 8:00pm |
6 | Assignment preparation |
Zoom webinar: Wed 8 May 6:00pm - 7:30pm |
7 | Debt and swap markets: Introduction |
Zoom webinar: Wed 15 May 6:00pm - 7:30pm |
8 | Debt and swap markets: Applications |
Block Weekend: Sat 25 May 10:00am - 3:00pm; Sun 26 May 10:00am - 3:00pm Attendance: Online via Zoom |
9 | Revision | |
10 | Revision |
Zoom webinar: Wed 5 Jun 6:00pm - 7:30pm |
11 | Exam week |
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Macquarie University provides a range of support services for students. For details, visit http://students.mq.edu.au/support/
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The Library provides online and face to face support to help you find and use relevant information resources.
Macquarie University offers a range of Student Support Services including:
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Unit information based on version 2024.02 of the Handbook