BFF1001 Foundations of finance
Faculty of Business and Economics
BFF1001 Foundations of finance is a level 1, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2020 in Semester 1 and Semester 2 at Caulfield and City (Melbourne). It has no prerequisites and unlocks 7 units, leading on to 25 units in all.
- Credit points
- 6
- Offered in 2020
- Semester 1, Semester 2
- Caulfield, City (Melbourne)
- Assessment
- Exam 50%
- and 1 other task
- Workload
- 144 hours
- per semester
This is the 2020 handbook entry. See the 2027 entry.
Reviews
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Requisites
Before BFF1001
Prohibitions
You can't enrol if you have passed any of these.
After BFF1001
7 units list BFF1001 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
Equivalent units
The same content under another code. Only one of them counts.
Overview
As a foundation, this unit introduces you 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 2020
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Caulfield | On campus |
| First semester (Fully flex) | Caulfield | Flexible |
| Second semester | Caulfield | On campus |
| November teaching period | Caulfield | On campus |
| Trimester A | City (Melbourne) | On campus |
| Trimester B | City (Melbourne) | On campus |
| Trimester C | City (Melbourne) | 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
- Workshops33 hours
- Workshops24 hours
- Workshops30 hours
- Workshops44 hours
- Lectures12 hours
- Tutorials11 hours
- Applied sessions9 hours
- Teaching approachOnline learning
- Teaching approachPeer assisted learning
- 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. 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.
Unit Schedule which results in far superior learning outcomes than the polar opposite, Distance learning. There is no accommodation for students who miss in-class assessment due to prioritising work over class or simply not wishing to attend class due to travel distance from home to campus. There is no accommodation for scheduling of class and scheduling assessment to suit work schedules. Students who prioritise work over class attendance or who wish to do subjects online are encouraged to seek an alternative degree structure.
Learning resources
Required resources
City campus:
Keown Arthur J., Martin John D. and Petty William J. (2017). Foundations of Finance, ninth edition (global edition). Pearson (softcover).
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).
In BFF1001, you will be solving financial math using the financial functions of the HP10Bll+ financial calculator. While the Business School also permits the use of the Casio FX82 scientific calculator, it does not contain financial functions required for BFF1001.
Where it fits
BFF1001 is part of 1 area of study in the 2020 handbook.
Contacts
- Chief Examiners
- Dr Jason Choo
- Professor Mark Crosby
Common questions
What are the prerequisites for BFF1001?
BFF1001 has no prerequisites.
What can I take after BFF1001?
BFF1001 is a prerequisite or corequisite for 7 units, including ACX3150, BFF2401, BFF2701, BFF3751, BFW2401 and BFW2751. Those lead on to 25 units in all.
When is BFF1001 offered?
In 2020, BFF1001 runs in Semester 1 and Semester 2 at Caulfield and City (Melbourne).
How much work is BFF1001?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does BFF1001 have an exam?
Yes. The exam is worth 50% of the final mark, alongside 1 other task.
Which majors and minors include BFF1001?
BFF1001 is part of Accounting.