Undergraduate - UnitAFF3331 - International banking and finance

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

Synopsis

The international monetary system, the international parity conditions, the foreign exchange market, international financing strategies and techniques, the Euromarkets, and multinational banking.

Outcomes

The learning goals associated with this unit are to:

1. explain the parity principles and the concept of arbitrage in international financial markets
2. explain how currency derivative contracts such as forwards, futures, options and swaps can be used to hedge in the foreign exchange markets
3. apply critical thinking, problem solving and presentation skills to individual and/or group activities dealing with international banking and finance and demonstrate in an individual summative assessment task the acquisition of a comprehensive understanding of the topics covered by AFF3331.

Assessment

Within semester assessment: 40%
Examination (3 hours): 60%

Contact hours

3 hours per week

Prerequisites

AFF2401 or AFW2401

Prohibitions

AFW3331, AFX3871