BFC3170 Financial intermediation
Faculty of Business and Economics
BFC3170 Financial intermediation is a level 3, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2024 in Semester 1 at Clayton. It needs BFF2140, BFW2140, BFX2140, BFC2140 or BFB2140 and unlocks 5 units.
- Credit points
- 6
- Offered in 2024
- Semester 1
- Clayton
- Assessment
- No exam
- 1 task
- Workload
- 144 hours
- per semester
This is the 2024 handbook entry. See the 2027 entry.
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Requisites
Before BFC3170
Prohibitions
You can't enrol if you have passed any of these.
After BFC3170
5 units list BFC3170 as a prerequisite or corequisite.
Enrolment rules
To be successful in this unit, background knowledge and application of maths is required at the equivalent of VCE Year 12 Higher 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.
Overview
Major issues involved in the financial management of banks and other deposit-taking financial institutions. Topics include performance measurement; asset/liability management for liquidity risk, credit risk, interest rate risk; and regulation of depository institutions.
Offerings in 2024
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Clayton | Flexible |
Assessment
- Within semester assessment100%
Learning outcomes
When you finish this unit, you should be able to:
- 1
outline the major risks and related prudential requirements faced by banks and to assess factors to consider in managing these risks
- 2
evaluate the various mathematical techniques available to manage interest rate risk including the maturity model, the duration model and the repricing model
- 3
evaluate mathematical models in relation to managing credit risk for individual loans and to the loan portfolio
- 4
identify suitable qualitative and quantitative indicators of financial institutions' performance
- 5
distinguish the various sources of commercial and retail debt funding including liability management, and analyse how the current Australian banking system provides access to such funds
- 6
sequence the Basel framework as used in Australia, but emanating from the Basel Committee at the global level
- 7
be able to clearly and effectively communicate solutions, applying the knowledge in above areas, in a distinctly logical manner in relation to activities dealing with the management of financial institutions and demonstrate in an individual summative assessment task the acquisition of a comprehensive understanding of the topics covered by BFC3170.
Workload and teaching
- Tutorials12 hours
- Seminars24 hours
- Teaching approachActive 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. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.
This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
Where it fits
BFC3170 is part of 1 area of study in the 2024 handbook.
Contacts
- Chief Examiners
- Dr Ozlem Dursun de Neef
Common questions
What are the prerequisites for BFC3170?
You need BFF2140, BFW2140, BFX2140, BFC2140 or BFB2140 before you enrol. Enrolment rules also apply.
What can I take after BFC3170?
BFC3170 is a prerequisite or corequisite for 5 units, including BFF3651, BFF3841, BFW3651, BFW3841 and BFX3301.
When is BFC3170 offered?
In 2024, BFC3170 runs in Semester 1 at Clayton.
How much work is BFC3170?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does BFC3170 have an exam?
No. BFC3170 has 1 assessment task and no exam.
Which majors and minors include BFC3170?
BFC3170 is part of Finance.