School of Business

ECON1003 (Vietnam) Financial Institutions and Markets

Vietnam Campus Trimester 1 2024
 Western Sydney University acknowledges the peoples of the Darug, Dharawal, Eora and Wiradjuri nations. We also
acknowledge that the teaching and learning currently delivered across our campuses is a continuance of the teaching
and learning that has occurred on these lands for tens of thousands of years.

Subject Details

Subject Code: ECON1003 (Vietnam)

Subject Name: Financial Institutions and Markets
Credit Points: 10
Subject Level: 1
Assumed Knowledge: Not Applicable

Note: Students with any problems, concerns or doubts should discuss those with the Subject Coordinator as early as they can.

Subject Coordinator
Name: Mr Sean Toohey

Vietnam Campus Convenor

Name: Dr PHAM Quoc Hung
Email: hung.phamquoc@westernsydney.edu.vn
Consultation Arrangement:
By Appointment: Please liaise directly with the academic teaching this subject regarding appropriate consultation
times. It is usually best to make contact with these staff via email.

Name: Dr PHAN Thu Hien

Email: hien.phanthu@westernsydney.edu.vn
Consultation Arrangement:
By Appointment: Please liaise directly with the academic teaching this subject regarding appropriate consultation
times. It is usually best to make contact with these staff via email.

Student Advisor
Name: Student Advisor Team
Location: 196 Tran Quang Khai, Tan Dinh Ward, District 1, Ho Chi Minh City
Email: stage2.wsuprogram@westernsydney.edu.vn

Edition: Vietnam Campus Trimester 1 2024

Copyright ©2024 University Western Sydney trading as Western Sydney University ABN 53 014 069 881 CRICOS Provider No: 00917K No part of this publication may be reproduced or transmitted in any form or by any means,
electronic or mechanical, including photocopying, recording, or by any information storage and retrieval system, without the prior written permission from the Dean of the School. Copyright for acknowledged materials reproduced
herein is retained by the copyright holder. All readings in this publication are copied under licence in accordance with Part VB of the Copyright Act 1968.
Administrative Support
Name: Mr HUYNH Thong Dat
Email: dat.huynhthong@westernsydney.edu.vn
Contents
1 About Financial Institutions and Markets 2
1.1 An Introduction to this Subject . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
1.2 What is Expected of You . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
1.3 Changes to Subject as a Result of Past Student Feedback . . . . . . . . . . . . . . . . . . . . . . . . 3

2 Learning and Teaching Activities 5

3 Assessment Information 8
3.1 Subject Learning Outcomes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
3.2 Assessment Summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
3.2.1 Quiz . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
3.2.2 Presentation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
3.2.3 Essay . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15
3.2.4 Final Exam . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17

4 Readings and Resources 19

4.1 Essential Readings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19
4.2 Recommended Readings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19
4.3 Other Teaching and Learning Resources . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20

5 Key Teaching and Learning Policies 21

Note: The relevant Learning Guide Companion supplements this document

1
1 About Financial Institutions and Markets

1.1 An Introduction to this Subject

The investment, financing and risk management decisions made by individuals, firms and governments are imple-
mented by creating and trading financial instruments in financial markets, often with the involvement of a variety of
institutions. Using the Australian and Vietnamese financial system as illustrations, this subject introduces students
to the theory and functions of financial institutions and markets. Students develop an understanding of the role
and functions of bank and non-bank financial institutions and of markets in equities, debt, foreign exchange and
derivatives.

1.2 What is Expected of You

Study Load

A student is expected to study an hour per credit point a week. For example a 10 credit point Subject would require
10 hours of study per week. This time includes the time spent within classes during lectures, tutorials or practicals.

Note for Summer Terms: As Summer subjects deliver the same content and classes over a shorter period of time,
the subjects are run in a more intensive mode. Regardless of the delivery mode, the study hours for each subject in
Summer will be around 30 hours.

Attendance

It is recommended that students attend all scheduled classes in order to succeed in this subject.

UEH-ISB policy requires students to enter electronic finger print before entering the classes. Please let your lecturer
and/or UEH-ISB know if you are unable to attend any session.

Approach to Learning

The approach to teaching in this subject emphasises the importance of students’ engagement in a range of learning
activities throughout the teaching period on the basis that learning is advanced through time spent reading, writing,
talking, listening and thinking about ideas.

Numerous resources are available that support learning in general and in this subject in particular. The three main
resources available to students in this subject are the textbook, the subject VUWS site and the weekly classes.
Students are encouraged to read the relevant chapters, undertake online activities and attend class each week.

The subject focusses on a different aspect of the financial system each week. Each weekly topic is supported by a
corresponding chapter in the textbook. Students are encouraged to read the chapter carefully, produce their own
summary notes and identify areas of difficulty to raise in class with their tutor. Additional learning materials that
support each weekly topic are provided on the subject VUWS site. Students are encouraged to review this material to
assist them to identify and understand important concepts and issues. After reading the textbook and reviewing the
online materials, student then attend a two-hour class and are encouraged to participate in discussion, collaborative
and individual learning activities, and student presentations related to this week’s topics. Finally, students complete
an online quiz which provides feedback on their learning and contributes to their assessment in the subject.

Referencing and citation requirements

This subject uses the Harvard WesternSydU referencing style. Full details and examples are available on the Library

2
website.

Assignment cover sheet

You are to keep a copy of all assessments submitted for marking.

Submission through vUWS and Turnitin indicates your acknowledgement and acceptance of the work being your
own. Some assessments may be required to be submitted with an assignment cover sheet (check the submission
requirements section for each assessment). In these instances, links to assignment cover sheets can be located in
your vUWS site.

Group assignments are to be submitted with a group assignment cover sheet indicating the names of all group
participants. Some subjects may also require you to submit a peer evaluation of group member participation. This
may be conducted online or in hard copy format. Details will be provided via the vUWS site.

Tutorials

Tutorials following the lecture in each session provide students the opportunity to apply and share knowledge by
doing a variety of in-class activities individually or in a group such as exercises, discussion, and presentation. These
activities focus on demonstrating your skills and help you build your ability to achieve the learning outcomes for this
subject.

Tutorial questions/exercises will be provided in the lecture handouts. You will be expected to have completed specific
reading and exercises from the textbook and other required materials prior to attending each lecture and tutorial
class. If you have not prepared adequately, you will not get the full benefit from this learning opportunity.

Online Learning Requirements

Subject materials will be made available on the Subject’s vUWS (E-Learning) site (https://vuws.westernsydney.
edu.au/). You are expected to consult vUWS at least twice a week, as all Subject announcements will be made via
vUWS. Teaching and learning materials will be regularly updated and posted online by the teaching team.

Special Requirements

Essential Equipment:
Not Applicable
Legislative Pre-Requisites:
Not Applicable

1.3 Changes to Subject as a Result of Past Student Feedback

The University values student feedback in order to improve the quality of its educational programs. The feedback
provided helps us improve teaching methods and Subjects of study. The survey results inform Subject content and
design, learning guides, teaching methods, assessment processes and teaching materials.

You are welcome to provide feedback that is related to the teaching of this Subject. At the end of the semester
you will be given the opportunity to complete a Student Feedback on Subject questionnaire to assess the Subject.
If requested by your Subject coordinator, you may also have the opportunity to complete a Student Feedback on
Teaching (SFT) questionnaire to provide feedback for individual teaching staff.

As a result of student feedback, the following changes and improvements to this Subject have recently been made:

– Additional online resources have been made available on the subject VUWS site and new collaborative learning

3
activities have been developed for the weekly classes.

4
 2 Learning and Teaching Activities

Teaching Topic Preparation Activities Assessment Due

Weeks
Week 1 Session 1 Read Chapter 1. Group formation and topic allocation
01-01-2024
Introduction Refer to Learning Materials page on Chapter 1 discussion The financial
vUWS site. system

Week 2 Session 2 Read Chapter 2. Group formation and topic allocation - Quiz
08-01-2024 - Presentation
Banks Refer to Learning Materials page on Chapter 2 discussion: Banks
vUWS site. discussion/collaborative learning activity

Week 3 Session 3 Read Chapter 3. Group presentation. - Quiz

15-01-2024 - Presentation
Non-bank financial institutions Refer to Learning Materials page on Chapter 3 discussion: NBFI
vUWS site. discussion/collaborative learning activity
Week 4 Session 4 Read Chapters 4 and 5. Group presentation. - Quiz
5

22-01-2024 - Presentation
Equity markets: Issuers Refer to Learning Materials page on Chapter 4/5 discussion: Equity market:
vUWS site. issuers discussion/collaborative learning
activity discussion/collaborative learning
activity
Week 5 Session 5 Read Chapter 6 Group presentation - Quiz
29-01-2024 - Presentation
Equity markets: Investors Refer to Learning Materials page on Chapter 6 discussion: Equity market:
vUWS site investors discussion/collaborative
learning activity
Week 6 Tet holiday
05-02-2024
Week 7 Tet holiday
12-02-2024
 Teaching Topic Preparation Activities Assessment Due
Weeks
Week 8 Session 6 Read Chapter 8 Group presentation - Quiz
19-02-2024 - Presentation
Time value of money Refer to Learning Materials page on Chapter 8 discussion: Time value of
vUWS site money discussion/collaborative learning
activity
Week 9 Session 7 Read Chapter 9 Group presentation - Quiz
26-02-2024 - Presentation
Short term debt Refer to Learning Materials page on Chapter 9 discussion: Short term debt
vUWS site discussion/collaborative learning activity
Week 10 Session 8 Read Chapter 10 Group presentation - Quiz
04-03-2024 - Presentation
Medium and long term debt Refer to Learning Materials page on Chapter 10 discussion: Medium and
vUWS site long term discussion/collaborative
learning activity
Week 11 Session 9 Read Chapter 15 Group presentation - Quiz
11-03-2024 - Presentation
The foreign exchange market Refer to Learning Materials page on Chapter 15 discussion: The foreign
vUWS site exchange discussion/collaborative
6

learning activity
Week 12 Session 10 Read Chapter 18 Group presentation - Quiz
18-03-2024 - Presentation
Derivatives markets (Introduction) Refer to Learning Materials page on Chapter 18 discussion: Derivatives
vUWS site markets discussion/collaborative
learning activity
Week 13 Session 11 Read Chapters 19 and 20. Group presentation - Quiz
25-03-2024 - Presentation
Derivatives markets (futures and Refer to Learning Materials page on Chapters 18-20 discussion: Derivatives - Essay
forwards, and options) vUWS site markets (futures and forwards, and
options) discussion /collaborative
learning activity
Week 14 Session 12
01-04-2024
Week 15 EXAM PREPARATION WEEK
08-04-2024 (SELF-STUDY)
 Teaching Topic Preparation Activities Assessment Due
Weeks
Week 16 FORMAL EXAMINATION WEEK - Final Exam
15-04-2024
Week 17 FORMAL EXAMINATION WEEK
22-04-2024

The above timetable should be used as a guide only, as it is subject to change. Students will be advised of any changes as they become known on the Subject’s vUWS site.
7
3 Assessment Information

3.1 Subject Learning Outcomes

Outcome
Assurance of Learning Information for Learning Guides

The School of Business is an AACSB (Association to Advance Collegiate Schools of Business) accredited
School. Accreditation results from an extensive self-review and an international peer evaluation against
rigorous criteria and standards of quality academic and professional excellence. The process is one of con-
tinuous improvement and includes ongoing assessment of whether learning activities and resources are well
aligned to program goals and learning outcomes. Assurance of learning (AoL) forms part of the accredita-
tion standards for AACSB. Information regarding the subjects that are involved in the AoL process for your
program can be found on the following webpage https://www.westernsydney.edu.au/schools/sobus/as-
surance_of_learning
1 Describe the major institutional features of the Australian and Vietnamese financial system.
Explain the function and operation of bank and non-bank financial institutions in the Australian and
2
Vietnamese financial system.
3 Explain the function and operation of markets in equities, debt, foreign exchange and derivatives.
Examine an element of the financial system and summarise and report relevant and contemporary infor-
4
mation in the form of an oral presentation.
Examine an element of the financial system and summarise and report relevant and contemporary infor-
5
mation in the form of a written report.
6 Evaluate the role of institutions, markets and regulators in the Australian and Vietnamese financial system.
7 Perform calculations relevant to the use of various financial instruments.

3.2 Assessment Summary

The assessment items in this Subject are designed to enable you to demonstrate that you have achieved the Subject
learning outcomes. Completion and submission of all assessment items which have been designated as mandatory or
compulsory is essential to receive a passing grade.

To pass this Subject you must:

1. Complete all assessment tasks.

2. Attempt five out of ten quizzes for Assessment 1.
3. Achieve an overall mark of at least 50 per cent.

8
 Item Weight Due Date SLOs Assessed Manda- Threshold
tory
Quiz 20% Session 2 - 11 1, 2, 3, 7 Yes No
Presentation 15% Tutors will allocate due dates 4, 6 Yes No
to groups in the tutorial in
session 1
Essay 15% Tutors will allocate due dates 5, 6 Yes No
to individuals in the tutorial in
session 1
Final Exam 50% During formal examination 1, 2, 3, 7 Yes No
period

Feedback on Assessment

Feedback is an important part of the learning process that can improve your progress towards achieving the learning
outcomes. Feedback is any written or spoken response made in relation to academic work such as an assessment
task, a performance or product. It can be given to you by a teacher, an external assessor or student peer, and may
be given individually or to a group of students. As a Western Sydney University student, it is your responsibility to
seek out and act on feedback that is provided to you as a resource to further your learning.

Note: Before you receive your results for each piece of assessment they may be moderated. Moderation is a process
whereby the subject coordinator regulates the marking of individual markers to achieve consistency in the application
of subject objectives, performance standards and marking criteria. You should note that, consistent with the Criteria
and Standards Based Assessment policy, the final marks for the cohort may be also adjusted if marks are very high
or low or there are inconsistencies between teams. Marks for an individual piece of assessment will not be changed
after you have your moderated results.

The Assessment Policy provides that assessment feedback is available to students in a timely way. Your lecturer/tutor
will normally provide you with your mark and written feedback within two to three weeks of the submission date,
given that your assessment is submitted on the due date.

Note: It is required that students attempt all available assessment elements. An automatic Fail Non - Submission
grade will be awarded if any assessment task is not submitted/completed as per the details specified.

Academic Integrity and Student Misconduct Rule

Western cares about your success as a student and in your future career. Studying with academic integrity safeguards
your professional reputation and your degree. All Western students must:

– be familiar with the policies listed above;

– apply principles of academic integrity;
– act honestly and ethically in producing all academic work and assessment tasks; and
– submit work that is their own and acknowledge any sources used in their work.

Each time you submit an assessment, you will declare that you have completed it individually, unless it is a group
assignment. In the case of a group assignment, each group member should be ready to document their individual
contribution if needed. You will also declare that no part of your submission has been:

– copied from any other student’s work or from any other source except where appropriate acknowledgement is
made in the assignment;
– submitted by you in another (previous or current) assessment, except where appropriately acknowledged, and
with prior permission from the Subject Coordinator;

9
 – made available to others in any form, where individual work is required;
– written/produced for you by any other person.

The Student Misconduct Rule applies to all students of Western Sydney University including Western Sydney Univer-
sity programs taught by other education providers. You must not engage in academic, research or general misconduct
as defined in the Rule or you may be subject to sanctions. The University considers submitting falsified documentation
in support of requests to redo, resit or extend submissions, including sitting of deferred examinations, as instances of
general misconduct.

More information on studying with integrity is available on the Study with Integrity webpage. It is your responsibility
to apply these principles to all work you submit to the University.

Disruption to Studies and Requests for Extensions

Western recognises that there may be times when things outside of your control impact your ability to complete your
studies.

You can complete the ”Request an extension or apply for a Disruption to Studies Provision” to request that you are:

– granted an extension,
– excused from a compulsory teaching activity,
– provided an alternate assessment such as a supplementary, or
– awarded another Disruption to Studies Provision.

Before you fill in the form, you should:

– Compile any documentary evidence that you have which demonstrates that you have been impacted by an
event outside of your control.
– The Supporting Documentation website outlines the type of documents that you can submit to substantiate
any impact.

Please note that if you don’t have documents, you should still submit the form but you may be asked for documentation
at a later stage.

Need help?

If you are having difficulties with understanding or completing an assessment task, contact your Subject Coordinator
as soon as possible. Western also has a range of academic support services, including:

– Library Study Smart: book a one-to-one Zoom consultation with a literacy expert. You can discuss how
to develop your assignment writing and study skills or seek assistance to understand referencing and citation
requirements. Check the Library Study Smart website for how-to study guides and tools.
– Studiosity: Upload your assignment draft to Studiosity within vUWS to receive writing feedback within 24
hours.
– Online workshops, programs and resources: From maths and stats help to academic literacy and peer support
programs, the University has a range of resources to assist.

Please also remember that there is a range of wellbeing support available - from counselling and disability services to
welfare.

10
3.2.1 Quiz

Weight: 20%
Type of Collabora- Individual
tion:
Due: Session 2 - 11
Submission: Submission via vUWS
Format: Each quiz includes 20 questions.
Length: 3.5 hours - 5/10 online quizzes must be attempted to have met the requirements for
completing this assessment task
Use of Artificial Intel-
ligence:

Instructions:

Quizzes will be displayed on the subject VUWS site as they become available. Quizzes should be completed in the
days following the class covering the corresponding topic. Please note the due date for each quiz as they will not be
available after the due date.
The instructions for each individual quiz may be different, so please read the instructions carefully before you com-
mence a particular quiz. All quizzes are automatically assessed and you will be able to access your results upon
completion.

There are ten (10) quizzes and each quiz is worth two (2) marks. There are twenty (20) marks potentially available
if you complete all ten (10) quizzes. You should attempt all quizzes.

Note that five (5) out of ten (10) quizzes must be attempted to have met the requirements for completing this
assessment task. This means that if you do not attempt at least five (5) quizzes then you will automatically receive
a grade of FNS Fail Non Submit

11
Marking Criteria:

Your Tutor will provide further details in your tutorials.

12
3.2.2 Presentation

Weight: 15%
Type of Collabora- Group
tion:
Due: Tutors will allocate due dates to groups in the tutorial in session 1
Submission: As instructed by the tutor in the assigned tutorial.
Format:
Length: 10 minutes
Use of Artificial Intel-
ligence:

Instructions:

Overview

Students will be assessed on the presentation of a topic as assigned by their tutor.

Details

Tutors will allocate students to groups and will allocate a presentation topic to each group in the tutorial in session
1.

13
Marking Criteria:

Criterion Present information orally.

Marking guide Effectively communicates main points and issues in an engaging manner.

CATEGORY ABOVE STANDARD MEETS STANDARD BELOW STANDARD

Content All content throughout the All content throughout the Content is typically confusing or
presentation is accurate. Includes presentation is accurate. There are contains more than one factual
extended (relevant and no factual errors. error.
contemporary) content indicating
further reading.
Understanding Shows a full understanding of the Shows a good understanding of the Does not seem to understand the
topic (does not read from notes). topic (some reading from notes). topic well (reads extensively from
notes).
Format: Effective introduction including Introduction included but does not There is no clear introduction (the
Introduction topic overview and presentation include effective overview or assigned question is not an
outline. outline. introduction).
Format: The conclusion is clear and The conclusion is recognisable. There is no clear conclusion.
Conclusion includes a restatement of the main
points.
Use of visual aids Visual aids are used effectively, are Visual aids are used, are easy to Visual aids are not used or contain
easy to read, and contain read, and contain relevant irrelevant information.
information which enhances information. (May include too
audience understanding and much text on slides or have few
interest. Includes relevant relevant illustrations, tables, charts
illustrations, tables, charts or or diagrams)
diagrams
Time Limit Presentation is 7-10 minutes long. Presentation is 5-7 minutes long. Presentation is less than 5 minutes
or more than 10 minutes.
Voice and body language Speaks clearly and expressively, Speaks clearly, some eye contact. Lacks clarity, inappropriate pace or
appropriate pace and volume, volume or inadequate eye contact.
effective eye contact,

60 words per slide

intro slide and conclu slide seperated

14
3.2.3 Essay

Weight: 15%
Type of Collabora- Individual
tion:
Due: Tutors will allocate due dates to individuals in the tutorial in session 1
Submission: Electronic submission via the subject vUWS site by the due date.
Format:
Length: 500 words
Use of Artificial Intel-
ligence:

Instructions:

Overview
Students will be required to submit a written response to their assigned question.

Details
Tutors will allocate a question, and corresponding due date, to each student in the tutorial in session 1.

15
 Marking Criteria:

Criterion Present information in an appropriate written format.

Marking guide Effectively communicates main points and issues in an engaging manner.

CATEGORY WELL ABOVE ABOVE STANDARD MEETS STANDARD BELOW WELL BELOW
STANDARD STANDARD STANDARD
Format: Introduction Effective introduction Effective introduction Introduction included Introduction included There is no clear
including opening including overview but does not include but does not include introduction.
statement that and outline of main effective overview or either effective
attracts the reader’s points outline. overview or outline.
attention, provides an
overview and an
outline of main
points.
Format: Body The main points are The main points are The main points are The main points are The main points are
coherently presented presented in presented and the not clear and/or the incoherently
in paragraphs that paragraphs. The logic logic of the argument logic of the argument presented or the logic
compare between include topic of the argument is is clear. is somewhat clear. is not clear or is
Australia and other sentances. The logic clear. confusing.
is clear and the
country, do not argument is
mention Vietnam persuasive.
Format: Conclusion The conclusion is The conclusion is The conclusion The conclusion is There is no clear
clear, includes a clear and includes a includes a recognisable. conclusion.
restatement of the restatement of the restatement of the
recommend lesson main points and main points. main points.
for Vietnam provides a sense of
closure.
Evidence and Numerous, relevant Relevant examples / Examples / data are Examples / data are Examples / data are
example examples / data are data are included included along with included but without not included
included along with along with clear explanations of how explanations of how
clear and insightful explanations of how they support the they support the
explanations of how they support the argument. argument.
they support the argument.
argument. provide evidence (+ citation) for reality in Vietnam before recommending
Data presentation Charts / tables / Charts / tables / Charts / tables / Charts / tables / Charts / tables /
figures are included figures are included figures are included figures included but figures are not
where appropriate where appropriate where appropriate are not interpreted or included
and are meaningfully and are interpreted and are interpreted linked to the
interpreted and and clearly linked to and linked to the argument.
clearly linked to the the argument. argument.
argument.
Referencing Numerous correctly Numerous correctly Correctly formatted Citations are not Citations are not
> 5 ref (research formatted citations formatted citations citations are included included or are not included or there is
are included where are included where where appropriate, all correctly formatted or no reference list .
academic paper,
appropriate, all appropriate, all citations are included included in the
textbooks, citations are included citations are included in the reference list, reference list. There
exclude World in the reference list, in the reference list, all references are is no reference list or
Bank, IMF) all references are all references are cited in the essay and the reference list is
& other ref from cited in the essay and cited in the essay and the reference list is not correctly
other sources the reference list is the reference list is correctly formatted. formatted. There are
=> Havard citing correctly formatted. correctly formatted. There may be one or more than one or two
format References include There may be one or two, minor errors in minor errors in
both books and two, minor errors in formatting. formatting.
journal articles. formatting.
Scholarly Literature Authoritative and Use of numerous, Some use of relevant Some use of scholarly Scholarly literature is
insightful use of relevant scholarly scholarly literature is literature is included. not used.
numerous, relevant literature is included included.
scholarly literature is and enhances the
included and argument.
enhances the
argument.
Grammar, There are no spelling, There are no more There are more than There are spelling, There are spelling,
punctuation, spelling punctuation or than one or two one or two spelling, punctuation or punctuation or
grammatical errors. spelling, punctuation punctuation or grammatical errors in grammatical errors in
or grammatical errors. grammatical errors. few paragraphs. most paragraphs.

16
3.2.4 Final Exam

Weight: 50%
Type of Collabora- Individual
tion:
Due: During formal examination period
Submission:
Format:
Length: 2 hours
Use of Artificial Intel-
ligence:

Instructions:

Overview

Additional information will be provided on the subject VUWS site. Non-programmable calculators will be permitted.

Details

The exam will be of two hours duration.

Submission requirements

The exam will be held during the exam period.

17
Marking Criteria:

Criterion Produce the correct answer.

Marking guide Most answers must be correct.

CATEGORY MEETS STANDARD BELOW STANDARD

Answer Correct Incorrect

18
4 Readings and Resources

4.1 Essential Readings

Prescribed Textbook

Viney, C & Phillips, PJ (2019), Financial institutions, instruments and markets, 9th edn, McGraw-Hill, Sydney.

Essential Reading

Refer to Readings & Resources link in vUWS

4.2 Recommended Readings

Additional Reading

Antelo, M & Peon, D (2012), Financial markets: a guided tour, Nova Science Publisher’s, Hauppauge, NY.

Bailey, R (2005), The economics of financial markets, Cambridge University Press, Cambridge.

Fabozzi, F, Modigliani, F & Jones, F (2010), Foundations of financial markets and institutions, 4th edn, Prentice
Hall, Boston MA.

Franke, J, Härdle, W & Hafner, C (2011), Statistics of financial markets: an introduction, 3rd edn, Springer-Verlag,
Berlin.

Gup, B (2011), Banking and financial institutions: a guide for directors, investors, and counter-parties, Wiley,
Hoboken, NJ.

Hens, T & Schenk-Hoppé, K (2009), Handbook of financial markets: dynamics and evolution, Elsevier, Amsterdam.

Howells, P & Bain, K (2007), Financial markets and institutions, 5th edn, Pearson Education, New York.

Hunt, B & Terry, C (2011), Financial institutions and markets, 6th edn, Cengage Learning, South Melbourne, Vic.

Jüttner, D & Hawtrey, K (1997), Financial markets, money and risk, 4th edn, Addison Wesley Longman, South
Melbourne, Vic.

Kaufman, G & Bliss, R (2008), Financial institutions and markets: current issues in financial markets, Palgrave
Macmillan, Basingstoke.

19
Kidwell, D, et al (2012), Financial institutions, markets, and money, 11th edn, Wiley & Sons, Hoboken, NJ.

Lewis, M & Wallace, R (1997), The Australian financial system: evolution, policy and practice, Longman, South
Melbourne, Vic.

Madura, J (2012), Financial markets and institutions, 10th edn, South-Western, Australia.

Mishkin, F & Eakins, S (2012), Financial markets and institutions, 7th edn, Pearson, Boston, MA.

Mishkin, F (2013), The economics of money, banking and financial markets, 10th edn, Pearson, Boston, MA.

Perkins, J (1998), The Wallis report and the Australian financial system, Melbourne University Press, Melbourne.

Santomero, A & Babbel, D (1997), Financial markets, instruments, and institutions, Irwin, Chicago.

Saunders, A & Cornett, M (2011), Financial institutions management: a risk management approach, 7th edn, McGraw
Hill Irwin, New York.

Saunders, A & Cornett, M (2012), Financial markets and institutions, 5th edn, McGraw-Hill Irwin, New York, NY.

4.3 Other Teaching and Learning Resources

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5 Key Teaching and Learning Policies

The University has several policies that relate to teaching and learning. Links to important policies affecting students
are below. It is your responsibility to ensure you familiarise yourself with these policies so that you are aware of your
rights and responsibilities.

– Assessment Policy
– Assessment Policy - Review of Grade Procedures
– Bullying Prevention Policy
– Disruption to Studies Policy
– Enrolment Policy
– Examinations Policy
– Learning and Teaching Policy
– Progression Policy
– Student Code of Conduct
– Student Misconduct Rule

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