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Unit of study_

FINC6032: International Banking

Semester 1, 2023 [Normal day] - Camperdown/Darlington, Sydney

The major focus of this unit is providing students with an understanding of international banking and finance in the contemporary international financial environment. Due to the dynamic nature of the international banking environment, it is necessary to develop skills to effectively identify and understand the effects of current developments. Firstly, the international banking functions are presented;followed by international trade financing, participation in the interbank foreign exchange and Euro currency markets, international investment banking services, and sovereign lending. Other important topics include international money laundering, international banking and debt crises, and offshore banking markets.

Unit details and rules

Unit code FINC6032
Academic unit Finance
Credit points 6
Prohibitions
? 
BANK6005
Prerequisites
? 
None
Corequisites
? 
None
Assumed knowledge
? 

Understanding of main business concepts such as time value of money, financial management objectives of corporations, the role of banks in the economy

Available to study abroad and exchange students

Yes

Teaching staff

Coordinator Suk-Joong Kim, sukjoong.kim@sydney.edu.au
Lecturer(s) Suk-Joong Kim, sukjoong.kim@sydney.edu.au
Tutor(s) Luke Deer, luke.deer@sydney.edu.au
Type Description Weight Due Length
Supervised exam
? 
Final Exam
Exam with MC and long essay questions. It covers the second half of unit.
35% Formal exam period 2 hours
Outcomes assessed: LO1 LO2 LO3
Supervised test
? 
Mid-term Exam
Exam with MC and long essay questions. It covers the first half of unit.
35% Week 08
Due date: 17 Apr 2023 at 18:00
2 hours
Outcomes assessed: LO1 LO2 LO3
Assignment Research Project
Individual research assignment
30% Week 10
Due date: 05 May 2023 at 23:59

Closing date: 15 May 2023
20 pages
Outcomes assessed: LO1 LO2 LO3

Assessment summary

Assessments include Final exam 35%, Midterm exam 35% and one individual assignment 30%

Assessment criteria

The University awards common result grades, set out in the Coursework Policy 2014 (Schedule 1).


As a general guide, a high distinction indicates work of an exceptional standard, a distinction a very high standard, a credit a good standard, and a pass an acceptable
standard.
 

Result name Mark range Description
High distinction 85 - 100 Awarded when you demonstrate the learning
outcomes for the unit at an exceptional standard, as
defined by grade descriptors or exemplars outlined by
your faculty or school.
Distinction 75 - 84 Awarded when you demonstrate the learning
outcomes for the unit at a very high standard, as
defined by grade descriptors or exemplars outlined by
your faculty or school.
Credit 65 – 74 Awarded when you demonstrate the learning
outcomes for the unit at a good standard, as defined
by grade descriptors or exemplars outlined by your
faculty or school.
Pass 50 – 64 Awarded when you demonstrate the learning
outcomes for the unit at an acceptable standard, as
defined by grade descriptors or exemplars outlined by
your faculty or school.
Fail 0 – 49 When you don’t meet the learning outcomes of the
unit to a satisfactory standard.

 

For more information see guide to grades.

Late submission

In accordance with University policy, these penalties apply when written work is submitted after 11:59pm on the due date:

  • Deduction of 5% of the maximum mark for each calendar day after the due date.
  • After ten calendar days late, a mark of zero will be awarded.

This unit has an exception to the standard University policy or supplementary information has been provided by the unit coordinator. This information is displayed below:

For every calendar day up to and including ten calendar days after the due date, a penalty of 5% of the maximum awardable marks will be applied to late work. For work submitted more than ten calendar days after the due date a mark of zero will be awarded.

Academic integrity

The Current Student website  provides information on academic integrity and the resources available to all students. The University expects students and staff to act ethically and honestly and will treat all allegations of academic integrity breaches seriously.  

We use similarity detection software to detect potential instances of plagiarism or other forms of academic integrity breach. If such matches indicate evidence of plagiarism or other forms of academic integrity breaches, your teacher is required to report your work for further investigation.

You may only use artificial intelligence and writing assistance tools in assessment tasks if you are permitted to by your unit coordinator, and if you do use them, you must also acknowledge this in your work, either in a footnote or an acknowledgement section.

Studiosity is permitted for postgraduate units unless otherwise indicated by the unit coordinator. The use of this service must be acknowledged in your submission.

Simple extensions

If you encounter a problem submitting your work on time, you may be able to apply for an extension of five calendar days through a simple extension.  The application process will be different depending on the type of assessment and extensions cannot be granted for some assessment types like exams.

Special consideration

If exceptional circumstances mean you can’t complete an assessment, you need consideration for a longer period of time, or if you have essential commitments which impact your performance in an assessment, you may be eligible for special consideration or special arrangements.

Special consideration applications will not be affected by a simple extension application.

Using AI responsibly

Co-created with students, AI in Education includes lots of helpful examples of how students use generative AI tools to support their learning. It explains how generative AI works, the different tools available and how to use them responsibly and productively.

WK Topic Learning activity Learning outcomes
Week 01 Introduction to FINC6032 Topic 1 - Overview of International Banking No Tutorial Online class (3 hr) LO1 LO2 LO3
Week 02 Topic 2 - Internationalisation of US, Japan and China Tutorial 1 - Topic 1 Online class (3 hr) LO1 LO2 LO3
Week 03 Topic 3 - International Trade Finance Tutorial 2 - Topic 2 Online class (3 hr) LO1 LO2 LO3
Week 04 Topic 4 - Foreign Exchange Market Tutorial 3 - Topic 3 Online class (3 hr) LO1 LO2 LO3
Week 05 Topic 5 - Euro Currency Markets Tutorial 4 - Topic 4 Online class (3 hr) LO1 LO2 LO3
Week 06 Topic 6 - International Loan Syndication Tutorial 5 - Topic 5 Online class (3 hr) LO1 LO2 LO3
Week 07 Topic 7 - Competitive Strategies in International Banking Tutorial 6 - Topic 6 Online class (3 hr) LO1 LO2 LO3
Week 08 Mid Term Review No Tutorials Online class (2 hr) LO1 LO2 LO3
Week 09 Topic 8 - International Banking Crisis - Overview and crisis in Emerging Market Countries Tutorial 7 - Topic7 Online class (3 hr) LO1 LO2 LO3
Week 10 Topic 9 - International Banking Crisis - Crisis in Advanced Market Countries Tutorial 8 - Topic 8 Online class (3 hr) LO1 LO2 LO3
Week 11 Topic 10 - Country Risk Analysis Tutorial 9 - Topic 9 Online class (3 hr) LO1 LO2 LO3
Week 12 Topic 11 - International Debt Crisis Tutorial 10 - Topic 10 Online class (3 hr) LO1 LO2 LO3
Week 13 Topic 12 - Financial Secrecy and International Money Laundering Tutorial 11 - Topic 11, Tutorial 12 - Topic 12 - Video Recording Only Online class (4 hr) LO1 LO2 LO3

Attendance and class requirements

Lecture recordings: All lectures and seminars are recorded and will be available on Canvas for student use. Please note the Business School does not own the system and cannot guarantee
that the system will operate or that every class will be recorded. Students should ensure they attend and participate in all classes.

Study commitment

Typically, there is a minimum expectation of 1.5-2 hours of student effort per week per credit point for units of study offered over a full semester. For a 6 credit point unit, this equates to roughly 120-150 hours of student effort in total.

Required readings

Kim, Suk-Joong (2023) International Banking: A Functional Approach, World Scientific, Singapore

Learning outcomes are what students know, understand and are able to do on completion of a unit of study. They are aligned with the University's graduate qualities and are assessed as part of the curriculum.

At the completion of this unit, you should be able to:

  • LO1. Able to explain the trends of and factors behind the current and past international financial market developments relevant for international commercial and investment banks.
  • LO2. Identify and explain the (policy) implications of current financial market developments in relation to international banks' strategic positioning.
  • LO3. Able to apply the experience of an independent research performed as a requirement of a group project to conduct further research in a topic related to international banking.

Graduate qualities

The graduate qualities are the qualities and skills that all University of Sydney graduates must demonstrate on successful completion of an award course. As a future Sydney graduate, the set of qualities have been designed to equip you for the contemporary world.

GQ1 Depth of disciplinary expertise

Deep disciplinary expertise is the ability to integrate and rigorously apply knowledge, understanding and skills of a recognised discipline defined by scholarly activity, as well as familiarity with evolving practice of the discipline.

GQ2 Critical thinking and problem solving

Critical thinking and problem solving are the questioning of ideas, evidence and assumptions in order to propose and evaluate hypotheses or alternative arguments before formulating a conclusion or a solution to an identified problem.

GQ3 Oral and written communication

Effective communication, in both oral and written form, is the clear exchange of meaning in a manner that is appropriate to audience and context.

GQ4 Information and digital literacy

Information and digital literacy is the ability to locate, interpret, evaluate, manage, adapt, integrate, create and convey information using appropriate resources, tools and strategies.

GQ5 Inventiveness

Generating novel ideas and solutions.

GQ6 Cultural competence

Cultural Competence is the ability to actively, ethically, respectfully, and successfully engage across and between cultures. In the Australian context, this includes and celebrates Aboriginal and Torres Strait Islander cultures, knowledge systems, and a mature understanding of contemporary issues.

GQ7 Interdisciplinary effectiveness

Interdisciplinary effectiveness is the integration and synthesis of multiple viewpoints and practices, working effectively across disciplinary boundaries.

GQ8 Integrated professional, ethical, and personal identity

An integrated professional, ethical and personal identity is understanding the interaction between one’s personal and professional selves in an ethical context.

GQ9 Influence

Engaging others in a process, idea or vision.

Outcome map

Learning outcomes Graduate qualities
GQ1 GQ2 GQ3 GQ4 GQ5 GQ6 GQ7 GQ8 GQ9

This section outlines changes made to this unit following staff and student reviews.

This unit of study is running for the first time in 2023.

Disclaimer

The University reserves the right to amend units of study or no longer offer certain units, including where there are low enrolment numbers.

To help you understand common terms that we use at the University, we offer an online glossary.