BFW1001 Foundations of finance
Faculty of Business and Economics
BFW1001 Foundations of finance is a level 1, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2024 in Semester 1 and Semester 2 at Malaysia. It has no prerequisites and unlocks 6 units, leading on to 30 units in all.
- Credit points
- 6
- Offered in 2024
- Semester 1, Semester 2
- Malaysia
- Assessment
- Exam 50%
- and 1 other task
- Workload
- 144 hours
- per semester
This is the 2024 handbook entry. See the 2027 entry.
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Requisites
Before BFW1001
Prohibitions
You can't enrol if you have passed any of these.
After BFW1001
6 units list BFW1001 as a prerequisite or corequisite.
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 2024
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Malaysia | On campus |
| Second semester | Malaysia | On campus |
Assessment
- Within semester assessment50%
- Examination50%
Learning outcomes
When you finish this unit, you should be able to:
- 1
FIRST SEMESTER: demonstrate an introductory understanding to the concepts of finance in preparation for additional study in the discipline
SECOND SEMESTER: describe fundamental finance principles applicable to both business and personal finance
- 2
FIRST SEMESTER: describe the foundation concepts of finance
SECOND SEMESTER: employ financial software, critical thinking, and problem-solving skills to demonstrate a practical understanding of foundational finance concepts in both business and personal financial contexts
- 3
FIRST SEMESTER: relate the concepts of finance to other commercial disciplines.
SECOND SEMESTER: apply the fundamental concepts of finance to real-world financial scenarios using market and financial data.
Workload and teaching
- 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.
Learning resources
Technology resources
Students are encouraged to use Excel whenever possible. For the purposes of this unit, Excel is more facilitative compared to calculator.
Where it fits
BFW1001 is part of 4 areas of study in the 2024 handbook.
Contacts
- Chief Examiners
- Sheena Sara
Common questions
What are the prerequisites for BFW1001?
BFW1001 has no prerequisites.
What can I take after BFW1001?
BFW1001 is a prerequisite or corequisite for 6 units, including BFF2401, BFF2701, BFF3751, BFW2140, BFW2401 and BFW2751. Those lead on to 30 units in all.
When is BFW1001 offered?
In 2024, BFW1001 runs in Semester 1 and Semester 2 at Malaysia.
How much work is BFW1001?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does BFW1001 have an exam?
Yes. The exam is worth 50% of the final mark, alongside 1 other task.
Which majors and minors include BFW1001?
BFW1001 is part of Banking and financial management; and FinTech.