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Unit of study_
BANK2011: Banking and the Financial System
2024 unit information
This unit covers money, commercial banking and central banking and the interactions with the other aspects of the financial system including the financial instruments that facilitate a transfer of resources from savers to investors and the financial markets that allow financial instruments to be traded efficiently. There is a concentration on understanding the financial institutions within the financial system that provide a wide-range of financial services including access to financial markets and the process of financial intermediation. Students are exposed to monetary policy implementation by central banks and the resultant economic impacts both nationally and internationally. Current regulatory settings and government regulatory agencies responsible for these and policy debates are also emphasised.
Unit details and rules
Managing faculty or University school:
Finance
| Code | BANK2011 |
|---|---|
| Academic unit | Finance |
| Credit points | 6 |
|
Prerequisites:
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(BUSS1020 or ECMT1010 or ENVX1001 or ENVX1002 or DATA1001 or ((MATH1005 or MATH1015) and MATH1115) or 6 credit points in MATH units including MATH1905) and (BUSS1040 or ECON1001 or ECON1002) |
|---|---|
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Corequisites:
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None |
| Prohibitions:
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ECOS2004 |
| Assumed knowledge:
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FINC2011 |
At the completion of this unit, you should be able to:
- LO1. describe the functions of money, financial institutions, financial instruments, and markets within the financial system
- LO2. explain why interest rates change and how this affects the real economy
- LO3. undertake analysis of business situations and present findings and recommendations for action which are supported by quantitative and/or qualitative analysis
- LO4. identify and explain the key inherent risks faced by banks in performing financial intermediation
- LO5. understand the roles of the government and central banks in the banking sector and the challenges they face.
Unit availability
This section lists the session, attendance modes and locations the unit is available in. There is a unit outline for each of the unit availabilities, which gives you information about the unit including assessment details and a schedule of weekly activities.
The outline is published 2 weeks before the first day of teaching. You can look at previous outlines for a guide to the details of a unit.
| Session | MoA ? | Location | Outline ? |
|---|---|---|---|
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Semester 1 2024
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Normal day | Camperdown/Darlington, Sydney | |
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Semester 2 2024
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Normal day | Camperdown/Darlington, Sydney |
Outline unavailable
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Modes of attendance (MoA)
This refers to the Mode of attendance (MoA) for the unit as it appears when you’re selecting your units in Sydney Student. Find more information about modes of attendance on our website.
