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 apply for Special Consideration.

Required technology: Non-programmable calculator.

Learning and Teaching Strategy

Each week, classes will typically consist of a two-hour lecture followed by a one-hour workshop. Lectures will provide a structured overview of the topic, demonstrating its relevance to the overall unit objectives and establishing key theoretical principles.

Workshops will serve as an interactive forum to reinforce learning. In addition to applying concepts through problem-solving exercises, workshops will incorporate practical demonstrations. This hands-on approach will allow students to see theoretical concepts in action, deepening their understanding of financial principles in real-world scenarios. Active participation is strongly encouraged, as workshops provide an opportunity to assess progress toward achieving the unit’s learning outcomes.

Textbook and Learning Materials

The prescribed textbook for this unit is:

• Saunders, A., Cornett, M. M., & Erhemjamts, O. (2023). Financial Institutions Management ISE (11th ed.). McGraw Hill.

Textbook material will be supplemented by relevant articles and handouts. Students are expected to read the assigned chapters and articles before attending the corresponding lecture. Homework problems will be assigned at the end of each lecture and should be completed prior to the following week’s workshop.

All handouts, homework questions and solutions, and supplementary materials will be available for download on the unit's iLearn site on a weekly basis.

Online learning: iLearn (https://ilearn.mq.edu.au) provides the main online learning support. It is essential that you log in at least twice per week to keep abreast of unit-wide announcements and use the resources to supplement your learning. Lecture slides are available online beforehand for you to download from iLearn.

• An industry practitioner will be invited to deliver a guest lecture, providing students with valuable insights into real-world applications of financial concepts and industry best practices. This session will offer an opportunity to engage with a seasoned professional and gain practical perspectives that complement the theoretical foundations of the course. The exact timing of this session will be announced on iLearn.

• Unit learning outcomes have been updated.
• Assessment taks have been updated. The previous offering included a mid-term exam (20%), an individual report (30%), and a final exam (50%). In this offering, assessments include an individual assignment (30%), a group project (30%), and a final exam (40%).
• Unit schedule has been updated. Due to the removal of mid-term exam, the final week now contains a review session for the course.
• Workshops now additionally include practical demonstrations using digital technologies.