BFB1001 Foundations of finance
Faculty of Business and Economics
BFB1001 Foundations of finance is a level 1, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2022 in Semester 2 at Peninsula. It has no prerequisites and unlocks 7 units, leading on to 20 units in all.
- Credit points
- 6
- Offered in 2022
- Semester 2
- Peninsula
- Assessment
- Exam 50%
- and 1 other task
- Workload
- 144 hours
- per semester
This is the 2022 handbook entry. See the 2027 entry.
Reviews
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Requisites
Before BFB1001
Prohibitions
You can't enrol if you have passed any of these.
After BFB1001
7 units list BFB1001 as a prerequisite or corequisite.
- ACX3150Financial analysis and valuationNo reviews yet
- BFF2401Commercial banking and financeNo reviews yet
- BFF2701Equity marketsNo reviews yet
- BFF3751Derivatives 1No reviews yet
- BFW2401Commercial banking and financeNo reviews yet
- BFW2751Derivatives 1No reviews yet
- BFW3652Corporate treasury and credit managementNo reviews yet
Enrolment rules
To be successful in this unit, background knowledge and application of maths is required at the equivalent of VCE Year 11 level. You may have satisfied this by completing relevant prerequisite unit/s, or you have covered relevant topics in your final years of secondary study. You should self-assess your maths competency prior to enrolling in this unit.
Equivalent units
The same content under another code. Only one of them counts.
Overview
As a foundation, this unit introduces students to the concepts of finance, financial mathematics, investment analysis, the financial system, risk management and the relationship of finances to other commercial disciplines.
Offerings in 2022
| Teaching period | Campus | Mode |
|---|---|---|
| Second semester | Peninsula | On campus |
Assessment
- Within semester assessment50%
- ExaminationThreshold hurdle50%
Learning outcomes
When you finish this unit, you should be able to:
- 1
demonstrate an introductory understanding to the concepts of finance in preparation for additional study in the discipline
- 2
describe the foundation concepts of finance
- 3
relate the concepts of finance to other commercial disciplines.
Workload and teaching
- Tutorials24 hours
- Lectures12 hours
- Teaching approachActive learning
- Teaching approachProblem-based learning
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.
This unit engages students in actively applying their knowledge, skills and attributes in interactive, collaborative and reflective activities.
This unit includes problem-based learning approaches, where students engage in research, integrate theory and practice and apply knowledge and skills to develop viable solutions in response to a problem or set of problems.
Learning resources
Technology resources
The only Faculty approved calculators permitted in tests and examinations for all Australian campuses and locations is the HP10bII+ or Casio FX82 (any suffix).
Where it fits
BFB1001 is part of 1 area of study in the 2022 handbook.
Contacts
- Chief Examiners
- Dr Jason Choo
Common questions
What are the prerequisites for BFB1001?
BFB1001 has no prerequisites, but enrolment rules apply.
What can I take after BFB1001?
BFB1001 is a prerequisite or corequisite for 7 units, including ACX3150, BFF2401, BFF2701, BFF3751, BFW2401 and BFW2751. Those lead on to 20 units in all.
When is BFB1001 offered?
In 2022, BFB1001 runs in Semester 2 at Peninsula.
How much work is BFB1001?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does BFB1001 have an exam?
Yes. The exam is worth 50% of the final mark, alongside 1 other task.
Which majors and minors include BFB1001?
BFB1001 is part of Finance and economics.