BFC3540 Modelling in finance
Faculty of Business and Economics
BFC3540 Modelling in finance is a level 3, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2021 in Semester 1 and Semester 2 at Clayton. It needs (BFC2140, BFF2140, BFX2140, BFB2140 or BFW2140) and (BFF3751, BFW2751 or BFC2751).
- Credit points
- 6
- Offered in 2021
- Semester 1, Semester 2
- Clayton
- Assessment
- No exam
- 1 task
- Workload
- 144 hours
- per semester
This is the 2021 handbook entry. See the 2027 entry.
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Requisites
Before BFC3540
Prerequisites
Pass these before you enrol.
After BFC3540
No unit lists BFC3540 as a prerequisite in the 2021 handbook.
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
Topics include the development and application of financial spreadsheets, Excel and Visual Basic programming in financial modelling, modelling company financial statements, fixed income securities analysis, asset allocation and portfolio analysis, optimization using Solver, technical analysis of financial markets, Interest rate models, option pricing models, numerical methods and risk management models.
Offerings in 2021
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Clayton | On campus |
| Second semester | Clayton | On campus |
Assessment
- Within semester assessment100%
Learning outcomes
When you finish this unit, you should be able to:
- 1
apply knowledge and skills in the use of Excel and Visual Basic
- 2
develop skills in the design and implementation of efficient and robust financial models such as option pricing, portfolio and interest rate models
- 3
apply critical thinking, problem solving and presentation skills to individual and/or group activities dealing with advanced modelling in finance and demonstrate in an individual summative assessment task the acquisition of a comprehensive understanding of the topics covered in BFC3540.
Workload and teaching
- Tutorials24 hours
- Lectures12 hours
- Laboratories24 hours
- Teaching approachActive learning
- Teaching approachPeer assisted 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.
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
BFC3540 is part of 1 area of study in the 2021 handbook.
Contacts
- Chief Examiners
- Associate Professor Paul Lajbcygier
Common questions
What are the prerequisites for BFC3540?
You need (BFC2140, BFF2140, BFX2140, BFB2140 or BFW2140) and (BFF3751, BFW2751 or BFC2751) before you enrol. Enrolment rules also apply.
When is BFC3540 offered?
In 2021, BFC3540 runs in Semester 1 and Semester 2 at Clayton.
How much work is BFC3540?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does BFC3540 have an exam?
No. BFC3540 has 1 assessment task and no exam.
Which majors and minors include BFC3540?
BFC3540 is part of Finance.