BFF5370 Financial markets and technology
Faculty of Business and Economics
BFF5370 Financial markets and technology is a level 5, 6-credit-point, postgraduate unit from the Faculty of Business and Economics, offered in 2022 in Semester 2 at Caulfield. It needs BFC5925, BFF5250 or BFF5954.
- Credit points
- 6
- Offered in 2022
- Semester 2
- Caulfield
- Assessment
- No exam
- 1 task
- Workload
- 144 hours
- per semester
This is the 2022 handbook entry. See the 2027 entry.
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Requisites
Before BFF5370
Prerequisites
Pass these before you enrol.
After BFF5370
No unit lists BFF5370 as a prerequisite in the 2022 handbook.
Enrolment rules
If you are enrolled in course B6003, there is no prerequisite.
Overview
Technology is impacting traditional processes of finance to the extent that new business models and innovations are redefining what and how financial institutions and non-financial firms operate. The objective of this unit is to introduce you to the contemporary and emerging technologies that are impacting financial institutions, corporations and payment systems. Topics include cloud computing, the use of applications programming interfaces and mobile internet, Artificial Intelligence, machine learning, cryptocurrencies, distributed ledgers and block chains. We explore the impacts of such technologies and issues facing financial functions in financial and non-financial firms and the payment and settlement systems used to transact in the e-commerce environment.
Offerings in 2022
| Teaching period | Campus | Mode |
|---|---|---|
| Second semester | Caulfield | On campus |
Assessment
- Within semester assessment100%
Learning outcomes
When you finish this unit, you should be able to:
- 1
discuss and evaluate the impact of contemporary and emerging technologies that are impacting the work flows and processes of financial institutions and corporate finance functions.
- 2
discuss and evaluate contemporary and emerging technologies that are impacting primary domestic and international payment systems for banking transactions.
- 3
demonstrate practical skills by using a web based ecommerce system to establish a portfolio of securities
- 4
research and identify contemporary and emerging examples of firms (existing or start-up) that are innovating with technology in financial institutions or corporate finance functions
- 5
apply critical thinking, problem solving and presentation skills to individual and/or group activities dealing with financial technology for financial institutions or business enterprises and demonstrate in an individual summative assessment task the acquisition of a comprehensive understanding of the topics covered in BFF5370.
Workload and teaching
- Seminars36 hours
- Teaching approachProblem-based learning
- Teaching approachCase-based teaching
- 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.
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.
This unit includes case-based teaching, where students apply their knowledge and engage in analytical and reflective thinking to solve complex contextual scenarios. Activities are often designed so that there is not one clear answer, but students need to work together to examine, analyse and make decisions to resolve the situation.
This unit engages students in actively applying their knowledge, skills and attributes in interactive, collaborative and reflective activities.
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).
Contacts
- Chief Examiners
- Dr Ali Sheikhbahaei
Common questions
What are the prerequisites for BFF5370?
You need BFC5925, BFF5250 or BFF5954 before you enrol. Enrolment rules also apply.
When is BFF5370 offered?
In 2022, BFF5370 runs in Semester 2 at Caulfield.
How much work is BFF5370?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does BFF5370 have an exam?
No. BFF5370 has 1 assessment task and no exam.