BFF2701 Equity markets
Faculty of Business and Economics
BFF2701 Equity markets is a level 2, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2024 in Semester 1 and Semester 2 at Caulfield. It needs (BFF1001, BFW1001 or BFB1001) and (ETW1001, ETX1100, FIT1006, ETC1000, SCI1020, ETF1100, STA1010 or ETB1100).
- Credit points
- 6
- Offered in 2024
- Semester 1, Semester 2
- Caulfield
- Assessment
- Exam 60%
- and 1 other task
- Workload
- 144 hours
- per semester
This is the 2024 handbook entry. See the 2027 entry.
Reviews
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Requisites
Before BFF2701
Prerequisites
Pass these before you enrol.
- ETW1001Introduction to statistical analysisNo reviews yet
- ETX1100Business statisticsNo reviews yet
- FIT1006Business information analysisNo reviews yet
- ETC1000Business and economic statisticsNo reviews yet
- SCI1020Introduction to statistical reasoningRated 5.0 out of 5 from 1 review
- ETF1100Business statisticsNo reviews yet
- STA1010Statistical methods for scienceNo reviews yet
- ETB1100Business statisticsNo reviews yet
After BFF2701
No unit lists BFF2701 as a prerequisite in the 2024 handbook.
Enrolment rules
To be successful in this unit, background knowledge and application of maths is required at the equivalent of VCE Year 12 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
This unit examines equity markets from the perspective of financial economics. It emphasises the importance of efficient equity markets for well-functioning economies and aims to introduce you to the basics of efficient market design. You will develop an in-depth understanding of how equity markets function, the contrasting motivations of market participants, and state-of-the-art developments in market design. It also covers an overview of market microstructure theory and contrasts various market structures employed in Australia and abroad, but with particular attention paid to Australia’s equity markets.
Offerings in 2024
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Caulfield | Flexible |
| Second semester | Caulfield | Flexible |
Assessment
- Within semester assessment40%
- Examination60%
Learning outcomes
When you finish this unit, you should be able to:
- 1
understand the importance of equity markets for the economy and for corporations
- 2
understand the contrasting motives for investors to participate in equity markets
- 3
evaluate market quality
- 4
understand how market structure impacts on market quality
- 5
apply different techniques to evaluate trading costs
- 6
apply critical thinking, problem solving and presentation skills to individual and/or group activities dealing with equity markets
- 7
demonstrate a comprehensive understanding of the topics covered in BFF2701.
Workload and teaching
- Seminars24 hours
- Tutorials12 hours
- Teaching approachProblem-based learning
- Teaching approachActive learning
- Teaching approachEnquiry-based learning
- Teaching approachSimulation or virtual practice
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 includes problem-based learning approaches, where you 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..
This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
This unit engages you in enquiry-based learning, where they will be encouraged to use your own knowledge to develop and engage in a process of enquiry, study and research to identify areas to be investigated and an approach to doing so.
This unit allows you to engage in guided, immersive experiences to develop relevant skills, knowledge and attitudes through simulation or virtual practice.
Learning resources
Required resources
Teall, J.L. (2018) Financial Trading and Investing (2nd ed). Academic Press
Technology resources
There may be an additional cost associated with purchasing a physical and/or virtual calculator. Specific details will be provided in the Learning Management System by commencement of Orientation week.
Where it fits
BFF2701 is part of 1 area of study in the 2024 handbook.
Contacts
- Chief Examiners
- Dr Minsu Ko
Common questions
What are the prerequisites for BFF2701?
You need (BFF1001, BFW1001 or BFB1001) and (ETW1001, ETX1100, FIT1006, ETC1000, SCI1020, ETF1100, STA1010 or ETB1100) before you enrol. Enrolment rules also apply.
When is BFF2701 offered?
In 2024, BFF2701 runs in Semester 1 and Semester 2 at Caulfield.
How much work is BFF2701?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does BFF2701 have an exam?
Yes. The exam is worth 60% of the final mark, alongside 1 other task.
Which majors and minors include BFF2701?
BFF2701 is part of Banking and finance.