CORPFIN 2501 - Financial Institutions Management II
North Terrace Campus - Semester 1 - 2015
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General Course Information
Course Details
Course Code CORPFIN 2501 Course Financial Institutions Management II Coordinating Unit Adelaide Business School Term Semester 1 Level Undergraduate Location/s North Terrace Campus Units 3 Contact Up to 3 hours per week Available for Study Abroad and Exchange Y Assumed Knowledge ECON 1008, ECON 1000 & ECON 1009 Assessment Exam/assignments/tests/tutorial work as prescribed at first lecture Course Staff
Course Coordinator: Dr Erin Derina
Dr. Ratna Derina (Erin)
Location: Room 12.37 , 10 Pulteney Street
Telephone: :8313 7137
Email: ratna.derina@adelaide.edu.au
Dr. Tariq Haque
Location :Room 12.22 , 10 Pulteney Street
Telephone :8313 7599
Email : tariq.haque@adelaide.edu.auCourse Timetable
The full timetable of all activities for this course can be accessed from .
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Learning Outcomes
Course Learning Outcomes
This course provides an introduction to the management of financial institutions and intermediaries. It examines the principles of the theory and practice of effective organizational policies for successful risk management. Students are first introduced to how to define and measure financial institutions performance and various types of risk financial institutions can be exposed to. Students are also introduced on how to manage the risks including the international standards of banking practice and how they impact the functioning of the institutions.
On successful completion of this course, students should be able to :
- Understand the theories of financial intermediaries and the importance role of financial institutions in the global economy
- Evaluate the performance of different types of financial institutions
- Identify the main types of risk financial institutions are exposed to
- Apply different methods to measure those risks to suit different contexts
- Propose methods to manage the risks
- Apply the international standards of banking practice where appropriate
University Graduate Attributes
This course will provide students with an opportunity to develop the Graduate Attribute(s) specified below:
University Graduate Attribute Course Learning Outcome(s) Knowledge and understanding of the content and techniques of a chosen discipline at advanced levels that are internationally recognised. Develop students abilities to understand the theories of financial intermediaries and the application of the international standards of banking practice. The ability to locate, analyse, evaluate and synthesise information from a wide variety of sources in a planned and timely manner. Develop students abilities to analyse and evaluate the performance and risk exposures of different types of financial institution based on their financial reports from different sources. Skills of a high order in interpersonal understanding, teamwork and communication. Develop students abilities to work in groups and undertake a group project report. -
Learning Resources
Required Resources
Lange, H., A. Saunders, M.M. Cornett (LSC) , “Financial Institutions Management” , Third Edition, McGraw Hill/Irwin ( 2012)
Recommended Resources
Supplementary Textbook :
Crouhy, M., D. Galai and R. Mark., “ The Essentials of Risk Management” MGraw Hill (2006)
Additional Reading :
Topic 1 :Financial Services Industry
1. Lewllyn D T, “Banking in the 21st century : The transformation of an industry “ in Readings in Financial Institution management : Modern Technique for a global industry edited by Tom Valentine and Guy Ford, Allen &Unwin (1999)
2. Australian Prudential Regulatory Authority, “Overview of the Australian Deposit-taking Sector”, APRA Insight (1), 2006.
Topic 2 : Performance Analysis and Measuring Risk Exposures
Saunders, J. M.M. Cornett appendix 7A in “Financial Institutions Management, 6th edition McGraw Hill/Irwin (2008)
Topic 10: Managing Risk : Liability and liquidity Management
Lange, H., A. Saunders,J.A. Anderson, D. Thomson, M.M. Cornett (LSATC) , chapter 16 (pages 413-417) in “Financial Institutions Management” , Second Edition, McGraw Hill/Irwin ( 2007) -
Learning & Teaching Activities
Learning & Teaching Modes
Lectures are supported by problem-solving tutorials developing material covered in lectures.Workload
The information below is provided as a guide to assist students in engaging appropriately with the course requirements.
The University expects full-time students (i.e. those taking 12 units per semester) to devote a total of 48 hours per week to their studies. This means that students are expected to commit approximately 9 hours for a three-unit course or 13 hours for a four-unit course, of private study outside of your regular classes. Students in this course are expected to attend all lectures throughout the semester plus one tutorial class each week.Learning Activities Summary
Week
No
Topic
Reading
Lecturer
1
1
Introduction
Erin
Overview of Financial Institutions
LSC : Ch 1
Depository Institutions
LSATC Ch 2, Lewllyn
Non Depository Institutions
LSTAC Ch3
2
2
Measuring Financial Performance
Tariq
Financial Statement and Analysis
Saunders Appendix 7A, LSC app 2A
Concepts of Risk Management
LSC, CH4
Measuring Risk Exposure
3
3
Interest rate risk (Maturity Model)
LSC app 5a
Tariq
4
Interest rate risk (Duration & Repricing Models)
LSC : Ch 6 & 5
Tariq
4 &5
4
Credit Risk
LSC : Ch 10 &11
Tariq
6
Mid Semester Test
7
5
Foreign Exchange Risk
LSC : Ch 13
Tariq
7
6
Off-balance sheet Activities
LSC : Ch 16
Erin
8 &9
7
Assignment and Market Risk
LSC : Ch9
Erin
9 &10
8
Liquidity Risk
LSC ; Ch14
Erin
Managing Risk
10 &11
9
Liability and Liquidity Management
LSC: Ch15, LSTAC 2nd ed ch 16, pg 413-417
Erin
11 &12
10
Capital Adequacy
LSC: Ch18
Erin
12
11
Securitisation
LSC: Ch8
Erin
13
12
Review
All
Erin
Small Group Discovery Experience
There are 2 related projects to be completed by students in a group of 4 people. The objectives of the projects are for students to undertake independent research on banks’ activities and risk management as well as to assess the impacts of financial crisis on banks’ activities, performance and risk exposure.
Students will have to choose 2 different banks. The period of analysis is from 2008 to 2013 to capture the impacts of global financial crisis and European debt crisis. Students are required to clearly explain their motivations and objectives of choosing the banks and to undertake their own research on the banks by gathering information required from the banks’ financial reports, market and industry analysis etc. Project 1 will be due in week 8 whilst the second project will be due in week 12. It is compulsory for students to have meetings (at least one meeting per project) with the lecturers or tutors during the completion of the projects. -
Assessment
The University's policy on Assessment for Coursework Programs is based on the following four principles:
- Assessment must encourage and reinforce learning.
- Assessment must enable robust and fair judgements about student performance.
- Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
- Assessment must maintain academic standards.
Assessment Summary
The assessment consists of tutorials, mid semester test, group projects and final examination.
o Tutorial classes will be held commencing the week beginning Monday, March 9th (week 2).
Mark on tutorial is given for active participation and submission of work on tutorial questions. Student will not receive mark for attending tutorials only, without actively participate. Student who copies tutorial answers from the textbook manual or any other sources will receive mark of zero for submission of work.
o Mid Semester Test will be held in week 6, covers topics 1 to 3.
Student who does not sit the mid semester test and does not provide evidence of adequate reason (e.g. illness or unavoidable work commitment) will receive mark of zero for the test which will not be redeemable (i.e. test will still count for 20 percent of final mark) Student who misses the mid semester test and provides evidence of adequate reason will have weighting on the final exam increased by 20 percentage points.
o Group projects are to be done in a group of maximum 4 people.
Group members can be from different tutorial classes. All team members are expected to contribute approximately equally to a group assignment.
o Final exam is a closed book exam, covers all topics. No minimum mark for the final exam is required to pass the course.Assessment Detail
The assessment components are as follows:
• Tutorial 10%
o Participation 5%
o Submitted Work 5%
• Mid Semester Test 20%
Will be held in week 6
• Group Projects 30%
Project 1 : 15%
Due by 4pm on Friday, May 8th(week 8)
Project 2 : 15%
Due by 4pm on Friday, June 5th (week 12)
• Final Exam 40%.
Bonus mark for project consultation : 5%Submission
Group assignment reports should be submitted as hardcopy as well as sent electronically by 4pm on Friday, May 8th (Project 1) and Friday, june 5th (Project 2)
• The hardcopy of the reports should be submitted into the assignment box in the Professions Hub on the ground floor, 10 Pulteney Street.
• The reports should also be submitted electronically via the Turnitin Assignment tool on MyUni by the group leader. The link for the Turnitin Assignment tool have been created for you under the Assignment page entitled “FIM Group Assignment Submission”in the MyUni site.
You can upload your assignment directly by following the prompts. For guidance on how to submit your assignment electronically via MyUni, go to http://www.adelaide.edu.au/myuni/tutorials/ and click on the “Submit an Assignment” tutorial. You will need to upload a Word or pdf version of your assignment to Turnitin.
Hardcopy and softcopy need to be identical. Penalties of 5 % will apply for every day late.
Presentation of Assignments
•• Students must retain a copy of all assignments submitted.
• When submitting the hardcopy of your assignment, please attach a ‘ Group Assignment Cover Sheet’, which must be signed and dated by all group members before submission. Lecturers can refuse to accept assignments, which do not have a signed acknowledgement of the University’s policy on plagiarism.Assignment Guidelines including Referencing Details
A copy of the Postgraduate Programs: Communication Skills Guide will have been given to you at the beginning of your program. This guide will assist you structure your assignments. A copy of the guide can also be downloaded from http://www.business.adelaide.edu.au/current/mba/download/2009MBACommSkillsGuide.pdf This publication also provides guidelines on a range of other important communication skills including writing essays and management reports, making oral presentations etc.
In preparing any written piece of assessment for your undergraduate studies it is important to draw on the relevant ‘literature’ to support critical analysis. Also essential is to reference the literature used. Correct referencing is important because it identifies the source of the ideas and arguments that you present, and sometimes the source of the actual words you use, and helps to avoid the problem of plagiarism. (Further information on plagiarism is provided later in this course outline.)
The Harvard system is widely used in the Business School. Guidelines for the use of this style of referencing can be found in the Communication Skills Guide. Further assistance with referencing is available from the Faculty’s Learning Support Advisors. The contact details are provided on page 6 of the Communication Skills Guide.
Late Assignment Submission
Students are expected to submit their work by the due date to maintain a fair and equitable system. Extensions will generally only be given for medical or other serious reasons. All requests for extensions must be emailed to the lecturer in charge of the course before the due date. Each request will be assessed on its merits.
A late assignment (without prior arrangement) will be penalised by a 5% mark reduction for each day that it is late.
Return of Assignments
Lecturer’s aim to mark and return assignments to students within two (2) weeks of the due date with written feedback. Students are responsible for collecting their marked assignments from either their tutorials or lectures. If assignments aren’t collected after two (2) weeks, the assignments will be available at the Student Hub for two (2) weeks.Course Grading
Grades for your performance in this course will be awarded in accordance with the following scheme:
M10 (Coursework Mark Scheme) Grade Mark Description FNS Fail No Submission F 1-49 Fail P 50-64 Pass C 65-74 Credit D 75-84 Distinction HD 85-100 High Distinction CN Continuing NFE No Formal Examination RP Result Pending Further details of the grades/results can be obtained from Examinations.
Grade Descriptors are available which provide a general guide to the standard of work that is expected at each grade level. More information at Assessment for Coursework Programs.
Final results for this course will be made available through .
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Student Feedback
The University places a high priority on approaches to learning and teaching that enhance the student experience. Feedback is sought from students in a variety of ways including on-going engagement with staff, the use of online discussion boards and the use of Student Experience of Learning and Teaching (SELT) surveys as well as GOS surveys and Program reviews.
SELTs are an important source of information to inform individual teaching practice, decisions about teaching duties, and course and program curriculum design. They enable the University to assess how effectively its learning environments and teaching practices facilitate student engagement and learning outcomes. Under the current SELT Policy (http://www.adelaide.edu.au/policies/101/) course SELTs are mandated and must be conducted at the conclusion of each term/semester/trimester for every course offering. Feedback on issues raised through course SELT surveys is made available to enrolled students through various resources (e.g. MyUni). In addition aggregated course SELT data is available.
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Student Support
- Academic Integrity for Students
- Academic Support with Maths
- Academic Support with writing and study skills
- Careers Services
- Library Services for Students
- LinkedIn Learning
- Student Life Counselling Support - Personal counselling for issues affecting study
- Students with a Disability - Alternative academic arrangements
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Policies & Guidelines
This section contains links to relevant assessment-related policies and guidelines - all university policies.
- Academic Credit Arrangements Policy
- Academic Integrity Policy
- Academic Progress by Coursework Students Policy
- Assessment for Coursework Programs Policy
- Copyright Compliance Policy
- Coursework Academic Programs Policy
- Intellectual Property Policy
- IT Acceptable Use and Security Policy
- Modified Arrangements for Coursework Assessment Policy
- Reasonable Adjustments to Learning, Teaching & Assessment for Students with a Disability Policy
- Student Experience of Learning and Teaching Policy
- Student Grievance Resolution Process
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Fraud Awareness
Students are reminded that in order to maintain the academic integrity of all programs and courses, the university has a zero-tolerance approach to students offering money or significant value goods or services to any staff member who is involved in their teaching or assessment. Students offering lecturers or tutors or professional staff anything more than a small token of appreciation is totally unacceptable, in any circumstances. Staff members are obliged to report all such incidents to their supervisor/manager, who will refer them for action under the university's student鈥檚 disciplinary procedures.
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