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Chancellor visits Treasury Dealing Room

22 August 2007

Associate Professor Michael Dempsey, Associate Professor Sally Joy, Mr Kevin Tant, Professor Rob Willis, Dr Alan Finkel, Professor Michael Skully and Professor Gill Palmer.

Chancellor elect Dr Alan Finkel visited the Treasury Dealing Room in the Faculty of Business and Economics during a recent visit to the Caulfield campus.

The Treasury Dealing Room has been a feature of the Department of Accounting and Finance for over a decade but was recently upgraded since its relocation in Building H.

Senior Lecturer in charge of the Treasury Dealing Room, Kevin Tant, said units in money market operations (undergraduate) and money market dealing (postgraduate) have been designed around proprietary software developed as a research project with the Faculty of Information Technology.

The software aims to teach trading to students in the faculty as well as developing graduate attributes in line with the Monash University Teaching and Learning Plan.

"The software was developed to take the complexity out of the technology so students could use it effectively after ten minutes of instruction and focus on the teaching and learning goals we are implementing at the Faculty of Business and Economics," Mr Tant said.

Under the guidance of Associate Professor Veeraghavan (Deputy Head, Finance),  Mr Tant and Professor Michael Skully, Chair in Banking, a team was developed in 2006 that secured an Innovation in Teaching Grant of $250,000 to further develop the Treasury Dealing Room.

Ten additional units (four undergraduate and six postgraduate including the MBA) have been scheduled into the Treasury Dealing Room in 2007 as a result and plans are in place to continue this development in 2007/2008.

This brings the educational programs alive for our students through the use of technology and innovation. The facility is also used for industry training highlighting the practical nature of teaching within the Faculty.