University of Newcastle

Course Description

  • Course Name


  • Host University

    University of Newcastle

  • Location

    Newcastle, Australia

  • Area of Study


  • Language Level

    Taught In English

  • Course Level Recommendations


    ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.

    Hours & Credits

  • Host University Units

  • Recommended U.S. Semester Credits
    3 - 4
  • Recommended U.S. Quarter Units
    4 - 6
  • Overview


    Financial institutions and markets are the cornerstones of the modern financial system, and as such, knowledge of these organisations is important in any professional career in the business world.

    This course provides students with an introduction to the Australian financial markets and an evaluation of the institutions, instruments and participants involved in the industry. The markets to be evaluated include the equity, bond, futures, and options markets. The course systematically reviews each of these financial markets and examines the various institutional participants and the different types of financial instruments offered. Information is vital to the today's financial professional. Accessing, processing, analysing and communicating information is an important attribute developed within the course.

    Learning Outcomes

    1. Describe and communicate the components of the Australian financial system

    2. Identify and explain the basic instruments of corporate funding

    3. Comprehend and explain how securities are traded

    4. Demonstrate how derivative instruments are valued

    5. Apply basic financial mathematics to financial problem solving.

    6. Analyse the operations of the equity, bond, futures and options markets

    7. Access, manage and utilise sources of current information and media to further expand their financial knowledge


    Lectures will include, but may not be restricted to, the following topics:

    An overview of the financial system
    The share market and corporations
    Corporations issuing equity in the share market
    Investors in the share market
    An examination of short-term debt
    An examination of long-term debt
    An introduction to interest rate determination
    Futures markets and forward-rate agreements
    Options markets

    Assessment Items

    Quiz: Tutorial Quizzes

    Written Assignment: Assignment 1

    Written Assignment: Assignment 2

    Quiz: Mid Semester Quiz

    Formal Examination: Final Exam

    Contact Hours


    Face to Face On Campus 2 hour(s) per Week for Full Term


    Face to Face On Campus 1 hour(s) per Week for 12 Weeks

Course Disclaimer

Courses and course hours of instruction are subject to change.

Credits earned vary according to the policies of the students' home institutions. According to ISA policy and possible visa requirements, students must maintain full-time enrollment status, as determined by their home institutions, for the duration of the program.