UnitLevel 1Undergraduate

BFI1001 Foundations of finance

Faculty of Business and Economics

BFI1001 Foundations of finance is a level 1, 6-credit-point, undergraduate unit from the Faculty of Business and Economics. It isn't offered in 2027. It has no prerequisites.

Credit points: 6
Offered in 2027: Other periods; Indonesia
Assessment: No exam; 3 tasks
Workload: 144 hours; per semester

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Requisites

Before BFI1001

Prohibitions

You can't enrol if you have passed any of these.

One of

After BFI1001

No unit lists BFI1001 as a prerequisite in the 2027 handbook.

Enrolment rules

If you are enrolled in course B2007 you cannot undertake this unit.

To be successful in this unit, background knowledge and application of maths is required at the equivalent of VCE Year 12. 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 introduces the concepts of finance, financial mathematics, valuation, the financial system, risk management and inter-dependency between finance and other business disciplines. The unit is designed for students who have never studied finance before.

Offerings in 2027

Teaching period	Campus	Mode
Monash Indonesia semester 2	Indonesia	On campus

Assessment

Exercise
30%
Project
35%
Written
35%

Assessment details may change. Please refer to the assessment information in Moodle closer to the start of the teaching period.

Learning outcomes

When you finish this unit, you should be able to:

1
demonstrate financial literacy skills in a range of personal financial situations in order to make informed decisions that maximise financial well-being and manage financial risk
2
apply core concepts of finance to real-life industry problems and financial literacy scenarios in preparation for additional study in the discipline
3
use Microsoft Excel to design solutions for financial business problems commonly encountered by graduate employees in Finance and for personal financial planning
4
demonstrate the professional skills of teamwork, collaboration and communication in preparation for working in business and workplace meetings.

Workload and teaching

Lectures12 hours
Tutorials24 hours
Teaching approachProblem-based 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. 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.

Contacts

Chief Examiners: Triana Hadiprawoto

Common questions

What are the prerequisites for BFI1001?

BFI1001 has no prerequisites, but enrolment rules apply.

When is BFI1001 offered?

BFI1001 has no offerings listed in the 2027 handbook.

How much work is BFI1001?

The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.

Does BFI1001 have an exam?

No. BFI1001 has 3 assessment tasks and no exam.

More details

Credit points: 6
Level: 1
Study level: Undergraduate
Faculty: Faculty of Business and Economics

Type: Coursework
EFTSL: 0.125
Student contribution: SCA Band 4
Study abroad: Not available
Handbook years: 20262027