Information on this page, including unit offerings, is from the 2020 academic year.
Treasury Management (BUS288)
|Availability||MURDOCH: S1-internal, S1-external
|Teaching Timetables||Murdoch S1
|Description||The unit provides an introduction to fundamental concepts associated with the management of risk within an institution. Broadly, it will cover the basic financial engineering tools, the yield curve and the pricing of fixed income instruments. Specific instruments including futures, Forward Rate Agreements (FRAs), options and swaps will be discussed in detail. The unit will also consider the trading environment, focusing on market structures and function.|
|Unit Learning Outcomes||On successful completion of the unit students will be able to:
LO1: Discuss the manner in which financial instruments are traded on financial markets;
LO2: Explain the concept of arbitrage, and its implications for market efficiency;
LO3: Apply arbitrage concepts to the valuation of financial instruments;
LO4: Critically evaluate the features and uses of the major derivative instruments;
LO5: Describe the role of hedged positions and how they can be set up and maintained; and
LO6: Communicate clear and coherent expositions of knowledge, ideas and evidence, both orally and in writing.
LO7: Evaluate the likelihood default on derivative positions and the role of reputation capital in enforcing ethical outcomes. LO8: Integrate the concepts of pricing financial instruments with jurisdictional differences in the operation of financial markets.
|Timetabled Learning Activities||Workshops: 2 hours per teaching week for South Street campus
All offerings of this unit include the equivalent of 30 hours of structured learning.
|Unit Learning Experiences||The learning and teaching approach informing the assessment and activity selection and design in this unit are student-centred, constructivist, and outcome-based (SOLO), featuring predominantly active learning strategies with tasks that are open-ended, authentic, and scaffolded.
The unit uses blended learning which combines learning online with interactive workshops. Using this combination of online and face-to-face learning provides flexibility for all students to learn anytime (24/7), anywhere (with an Internet connection) at a pace that suits their learning style. In this unit students explore concepts online prior to workshops, through videos, audio, websites, simulations, readings, quizzes, blogs and online discussions. Workshops (online or face-to-face) are interactive and use active learning such as;
guided instruction (e.g. small group and whole class discussion), role plays, simulations, case studies, scenario-based tasks, problem-based tasks, project-based tasks, presentations and enquiry-based tasks
|Assessment||Class Participation 10%
Mid Semester Test 30%
Perdisco e-workbook 20%
Final Examination Period 40%
|Prerequisites||BUS130 Foundational Mathematics for Businessor or BUS140 Principles of Finance and Banking or BUS140 Introduction to Finance|
|Exclusions||Students who have completed BUS244 Treasury Management may not enrol in this unit for credit.|
|Appears in these Courses/Majors:
see individual structures for context
|Appears in these Minors||Banking
|Internet Access Requirements||Murdoch units normally include an online component comprising materials, discussions, lecture recordings and assessment activities. All students, regardless of their location or mode of study, need to have access to and be able to use computing devices with browsing capability and a connection to the Internet via Broadband (Cable, ADSL or Mobile) or Wireless. The Internet connection should be readily available and allow large amounts of data to be streamed or downloaded (approximately 100MB per lecture recording). Students also need to be able to enter into online discussions and submit assignments online.|