MAF101 - Fundamentals of Finance
Unit details
| Year: | 2023 unit information |
|---|---|
| Enrolment modes: | Trimester 1: Burwood (Melbourne), Online Trimester 2: Burwood (Melbourne), Warrnambool, Waterfront (Geelong), Online Trimester 3: Burwood (Melbourne), Online |
| Credit point(s): | 1 |
| EFTSL value: | 0.125 |
| Unit Chair: | Trimester 1: Annette Nguyen Trimester 2: Vincent Xiang Trimester 3: Hoa Nguyen |
| Prerequisite: | Nil |
| Corequisite: | Nil |
| Incompatible with: | Nil |
| Typical study commitment: | Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit. |
| Scheduled learning activities - campus: | 1 x 1.5 hour class, 1 x 1.5 hour seminar per week |
| Scheduled learning activities - online: | Online independent and collaborative learning activities including 1 x 1.5 hour weekly scheduled online seminar |
Content
Topics to be addressed in this introductory finance unit include: what finance is and why it is important to individuals and businesses; basic mathematical concepts involving the time value of money determining present values and future values; the basics of Australian monetary system and the determination of interest rate; the nature of return and risk; risk/return measurement and application; the basics of Australian financial system; foreign exchange market and transactions; the basics of global financial markets.
| ULO | These are the Learning Outcomes (ULO) for this unit. At the completion of this unit, successful students can: | Deakin Graduate Learning Outcomes |
|---|---|---|
| ULO1 | Describe key financial concepts such as time value of money, risk and return trade-off in real-life contexts. | GLO1: Discipline-specific knowledge and capabilities |
| ULO2 | Utilise tools and technology, such as basic algebra, Microsoft Office software and internet resources, to collect, evaluate and organise financial information. | GLO3: Digital literacy |
| ULO3 | Critically analyse and propose feasible solutions to practical financial problems. | GLO4: Critical thinking |
Assessment
| Assessment Description | Student output | Grading and weighting (% total mark for unit) | Indicative due week |
|---|---|---|---|
| Assessment 1: (Individual) Multiple Choice Quiz x 4 (Online) | 1 hour each | 10% | Weeks 4, 6, 8 & 10 |
| Assessment 2: (Individual) Problem Based Written Assignment | 2000 words | 40% | Week 9 |
| Examination | 2 hours | 50% | End-of-unit assessment period |
The assessment due weeks provided may change. The Unit Chair will clarify the exact assessment requirements, including the due date, at the start of the teaching period.
Learning Resource
The texts and reading list for the unit can be found on the University Library via the link below: MAF101 Note: Select the relevant trimester reading list. Please note that a future teaching period's reading list may not be available until a month prior to the start of that teaching period so you may wish to use the relevant trimester's prior year reading list as a guide only.
Unit Fee Information
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