Professional Documents
Culture Documents
BACHELOR OF
COMMERCE
GUIDE 2018
Table of Contents
of Commerce 8 LAWS3100 30
LAWS3101 31
Today, with the continuing support of Gold and Founding Sponsor, the Macquarie
Group, FMAA members continue to enjoy the genuine value that the society has
strived to offer and maintain. The continued growth of FMAA has allowed it to hold
the position as Australia’s largest professionally focused student organisation.
At the University of Queensland (UQ), the FMAA is a student society that is affiliated
with the UQ Union and hosts a number of events, with the support from a vast
number of sponsors, including:
These events are held throughout the year to benefit students of all levels of their
tertiary education studying Commerce, Economics, Law, Information Technology,
Science, Business Management and Engineering.
For more information about the FMAA and our events and competitions, please
refer to our website or Facebook page.
www.facebook.com/fmaabrisbane
2018 FMAA Executive
Position Name Degree
Emmanuel
President B Advanced Finance and Economics
George
Vice President Annabelle van
B Advanced Finance and Economics
Operations der Jagt
Vice President Alysha
B Commerce/Law
sponsorship Zimmerman
Treasurer Samantha Scheid B Commerce/Business Management
Samantha
Secretary B Advanced Finance and Economics
Jenkins
Events Director Oliver Darwin B Commerce/Law
Marketing Rene
B Commerce/Law
Director Arunakumaren
IT and
Publications Ravi Lakhani B Commerce/Business Management
Director
Diversity
Josh Kong B Economics/Commerce
director
Pranav Nagarkar B Economics/Science
Andrew Kilner B Advanced Finance and Economics
Alex Harris B Commerce/Economics
Sponsorship
director Amany Cummins B Commerce/Economics
Jack Hardy B Commerce/Law
Pranav
B Advanced Finance and Economics
Venkatachalam
Marie To B Advanced Finance and Economics
Julian
B Advanced Finance and Economics
Kumarapeli
Jack Howard B Economics/Commerce
Lulu Scott-Young B Commerce/Arts
Lisa Anich B Commerce/Law
Henry Fraser B Economics/Commerce
Sub Executive Isaac Naumann B Economics/Commerce
Fergus Geary B Commerce/Law
Olivia Sun B Advanced Finance and Economics
Max O’Donnell B Advanced Finance and Economics
Tom Stewart B Engineering/Commerce
Dylan Houghton B Commerce/Law
Dan Young B Economics/Commerce
Patrick MacGinley B Economics/Commerce
OUR SPONSORS
GOLD AND FOUNDING SPONSOR
FINANCIAL SERVICES
PROFESSIONAL SERVICES
PROFESSIONAL ORGANISATIONS
President’s Address
Welcome UQ student,
In our 28th year, The FMAA is Australia’s premier student organisation striving to
embrace the relationships between employers and students with initiatives such
as hosting careers and networking events, workshops, competitions and industry
panel discussions.
With the valuable support of faculties across the University of Queensland and our
Gold and Founding Sponsor, Macquarie Group, our reach extends across Australia’s
top five universities with an membership base of 5,000 students and an advocacy
base of 45+ corporate sponsors.
With a proven track record of delivering value, the B Com Guide is an essential
resource for every Commerce student to assess and analyse courses throughout
their under and post graduate journey. There is no doubt today’s job landscape is
starkly different to that of previous generations. With technological advances
dominating recruitment techniques, employers have greater insight and
expectations of students.
Considering that total number of students enrolled in full time tertiary education
has almost doubled since 2001, the question on every student’s mind remains,
“How can I get ahead”? The answer is simple, “ipsa scientia potestas est” or in
simple English “With knowledge comes power”.
The 2018 Bachelor of Commerce Guide provides a unique first9hand insight into
courses based on experiences of former partakers. To have the opportunity to
screen each course with student’s ratings, comments, analysis and the newly
improved grade distribution is information that speaks volumes itself.
Warm Regards,
Manny George
FMAA President
Acknowledgements
The FMAA (UQ) would like to thank those who have contributed to the guide with
special mention to the following:
Akash Hewavitharana
Koosha Rafiee
Marie To
Nikhil Dugar
Qingyi Ren
Publications Team:
Ravi Lakhani
Rene Arunakumaren
Alex Harris
Jack Howard
Julian Kumarapeli
Louisa Scott+Young
Olivia Sun
Danial Young
Max O’Donnell
The FMAA (UQ) would also like to thank Mrs Sandra Lazzarini and Professor Karen
Benson for taking the time to add their invaluable input to the 2018 Edition of the
Bachelor of Commerce Guide.
Welcome
Welcome to the Bachelor of Commerce. The UQ Business School (UQBS) is
committed to graduating high quality professionals. Our degree programs provide
not only knowledge content and technical skills but also help students develop
communication skills, analytical thinking, problem solving and team skills, as well
as knowledge and respect of ethical standards. For this reason, your courses and
assessment tasks will not only focus on your knowledge of the field but your ability
to demonstrate capabilities in this broader range of skills. We encourage you to
make the most of the opportunities to learn, enjoy the journey throughout your
degree and embrace the learning activities and many resources available to you.
I hope you all enjoy the challenges and opportunities that lie ahead and look
forward to seeing you on campus.
Key Contacts:
Website: https://business.uq.edu.au/program0committees
Email: student.committee@business.uq.edu.au
Compulsory
Courses
ACCT1101: Accounting for Decision Making
OVERVIEW
COURSE DETAILS ACCT1101 provides an introduction to the accounting
environment, analysis and interpretation of financial
statements and other business information for the purpose
Semesters Offered: 1 & 2 of decision making.
40%
30%
TIPS AND TRICKS
20%
Students should pay attention to detail when performing
10% business plans and any financial documentation as it has
0% proven to be extremely important especially in the final
% % % % % % % exam. In saying this, the online past exam papers have
Grade Grade Grade Grade Grade Grade Grade helped students prepare for the final exam revision.
1 2 3 4 5 6 7
Tutorials are very popular and students have found it
helpful to solidify information or air any confusion. They
incorporate ‘real$life’ accounting problems so students are
able to practise filling in tables, grids etc with purpose.
Page 11
Page 12
ACCT2101: Financial Reporting
DISADVANTAGES
There is a lot of content taught throughout this course for
each topic with many laws/regulations accompany it.
40%
It is said to be a very dry and boring course where it is easy
30%
to lose motivation and get behind in the work. so try as
20%
hard as you can to avoid this as the topics build upon each
10% other each week.
0%
Page 12
Page 13
ACCT2102: Principles of Management
Accounting
Incompatible: None
Assessment: ADVANTAGES
Mid'Sem Exam (30%) Based on reviews, the course was seen to go into a great
Case Study (20%) deal of depth across many topics within accounting. The
Final Exam (50%) course work, while challenging, provided good critical
thinking skills and numerical literacy. Very good tutorial
sessions and a very interesting course coordinator/lecturer.
Contact Hours:
A lot of the course work drew on course work and was
2 Lecture hours easier than previous accounting subjects.
2 Tutorial hours
Page 1314
Page
BISM1201: Transforming Business with
Information Systems
40% DISADVANTAGES
30%
Some parts of the course content can be found to be dry
20%
and lengthy. Some of the topics taught are not covered on
10% assessment pieces. The beginning weeks are slow with
0% minimal content being covered however after the mid0
semester exam there is a much heavier content load.
Page14
Page 15
ECON1010: Introductory Microeconomics
OVERVIEW
ECON1010 is the introductory course in Microeconomics. In order
COURSE DETAILS to understand the workings of markets and the economy, one
has to take on an “economic mindset”. This introductory course
covers the fundamental principles that economists use to
Semesters Offered: 1 & 2 understand and analyse economic behaviour. Understanding
these basic principles equips students for further studies in
Prerequisites: None economics and business. Topics and issues covered in this course
include how individuals or firms make decisions about the
demand or supply of a particular product, how we can judge the
Incompatible: EC101 or 110 or 121 relative efficiency of different types of markets, how we explain
why governments may need to intervene in a particular type of
Assessment: market but not in others, and how some government policies are
In'class Quiz (20%) more efficient than others. ECON1010 is one of the first courses
you will complete in your Commerce journey and more
Video Game (20%) specifically, the first insight you will gain into the world of
Mid'Semester Exam (20%) economics.
Final Exam (40%)
Page 1516
Page
ECON1020: Introductory Macroeconomics
Assessment:
ADVANTAGES
4 x Online Quiz (5% each) The content was found to be more engaging and relevant
Mid0Semester Exam (30%) to students with some extent of real world application, it
can improve your “dinner table conversation” ability and
Final Exam (50%)
help you understand economic articles and government
policy decisions more clearly. For those who have never
Contact Hours: studied economics before, this course is not too difficult as
2 Lecture hours students are equipped with the tools and language to
1 Tutorial hours critically analyse statements and make informed
responses.
Page 16
Page 17
ECON1310: Quantitative Economic &
Business Analysis A
OVERVIEW
COURSE DETAILS According ECON1310 is an introductory course in
quantitative analysis for business and economics. The
Semesters Offered: 1 & 2 course covers a variety of techniques applicable to the
presentation, interpretation and use of data. The main
Prerequisites: Math B or C or
emphasis is inferential statistics with estimation and
MATH1040 hypothesis testing techniques being an important part of
the course. Inferential statistics is continued in the simple
Incompatible: CHEE2010 or 3010 linear regression topic. There is an emphasis on the use of
or CIVL2530 or MINE3214 or Excel
STAT1201 or 1301 or 2201 for analysis and presentation. This subject is a prerequisite
for ECON2300* an elective or option in the Finance Major.
Assessment:
6 x Online Quiz (4% each) ADVANTAGES
Mid6Semester Exam (25%)
If you have the basic understanding of Math B and C from
Book Design (5%)
high school there should be no surprises.
Final Exam (50%)
Contact Hours: The lecturer has a very unique teaching style and for many
students who have not done any introductory stats, this is a
2 Lecture Hours very good course because he assumes 0 past knowledge.
1.5 Tutorial Hours
Page
Page 18 17
FINM2401: Financial Management
Course Co4Ordinator:
Dr K. Hoang, Dr A. Chun DISADVANTAGES
& Mr M. Tanner Lectures can be hard to digest due to heavy content
therefore it is useful to revise the lecture slides before and
after to solidify knowledge.
50%
40% FINM2401 is a very self3directed course so take all
30%
responsibility for your learning and stay on3top of the
20%
10% workload.
0% Examinations are challenging but manageable if thorough
preparation is taken.
Page
Page 19 18
LAWS1100: Business Law
Assessment: ADVANTAGES
Tutorial Participation
While the difficulty of the course is not high, students are
Mid-Semester Exam exposed to many interesting case studies throughout the
Final Exam course. The real world scenarios students are given to think
about and make decisions on were found to be very
Contact Hours: interesting. The course provides a clear understanding of
2 Lecture Hours the law and how it can be used in business in the real
1 Tutorial Hour world. The lecturer is both funny and engaging filling his
lectures with personal stories and real life case studies.
Course Co-ordinator:
Mr A. Austin (Sem 1)
Mr T. Thomas (Sem 2)
DISADVANTAGES
The lectures can be found to be long and packed with
content which can get dry at times. Many of the topics
covered in lectures and the week’s readings are not
40% assessed.
30%
20%
10%
0%
TIPS AND TRICKS
Having a copy of the course textbook is required. While the
final exam is open book, it is recommended to prepare
notes instead of bringing the entire book in due to time
limitations. Students found that attending tutorials and
making lecture summary notes was helpful in succeeding
in this subject.
Page
Page 20 19
MGTS1301: Introduction to Management
Course Co2ordinator:
Dr C. Gabriel (Sem 1) DISADVANTAGES
Dr A. Krzeminska (Sem 2)
The course content can be found to be dry at times by
students however it provides a great introduction into both
management and university assignments in general
through the simulation assessment. While the content of
the course is not challenging, it is voluminous Lectures
provided limited guidance for the assignment. There is a
strong focus on group work in the course.
Page
Page 21 20
MKTG1501: Foundations of Marketing
Page
Page 2221
RBUS3904: Integrated Commerce
in Practice
Course Co-ordinator:
A/Prof B. Oliver ADVANTAGES
The concepts and theories taught in the course are applied
to real world examples helping students better understand
the material. The broad range concepts taught pop up in a
variety of later subjects. Lectures are well presented and
relatively straightforward. Students find that reading the
40% textbook is an incredibly useful to complement the content
30% of lectures. This subject is also prerequisite for RBUS2900.
20%
10%
0% DISADVANTAGES
While the content of the course is not challenging, it is
voluminous Lectures provided limited guidance for the
assignment. There is a strong focus on group work in the
course.
Page
Page23 22
Accounting
ACCT3101: Auditing & Public Practice
DISADVANTAGES
With only 1 Tutorial hour provided in the course, much of
50% the course content requires self+learning. The tutorial
40% questions also do not go into a lot of detail, however the
30% teaching staff do a great job at sparking deeper
20% discussions and thinking.
10%
0%
Page2524
Page
ACCT3102: External Reporting Issues
DISADVANTAGES
40%
Success in this course cannot be achieved solely through
30%
memorisation but must be combined with a thorough
20%
understanding of challenging ideas and thus, is a course
10% that should be prepared for in advance rather than
0% crammed. Although the tutorials are engaging, they can
be a bit dry at times.
PagePage
26 25
ACCT3103: Accounting for Corporate
Structures
50%
40%
DISADVANTAGES
30% It is said to be the most challenging undergraduate
20%
accounting course in the commerce degree as the course
10%
0% content can be quite heavy at times. Students studying an
accounting major cannot avoid this course and must
achieve a hurdle pass rate of 40% in the final.
.
Page 27
Page 26
ACCT3104: Management Accounting
OVERVIEW
This course will enable you to identify what is relevant
COURSE DETAILS information for decision making and to further explore
issues relating to costing systems and cost management
Semesters Offered: 1&2 and how these may affect management decisions in areas
such as pricing, and performance evaluation. With a
consistent focus on improving organisational performance
Prerequisites: ACCT2102 or 2113 and creating value, you will also consider how to evaluate
performance through the use of tools such as variance
analysis (introduced in ACCT2102) and the balanced
Incompatible: ACCT7107 scorecard. Finally, you will consider the impact of
organisational structure on management control and
Assessment: performance evaluation highlighting relevant behavioural
implications.
Mid)Semester Exam (30%)
Online Quiz (20%)
Final Exam (50%) ADVANTAGES
This course is said to be the most interesting accounting
Contact Hours: major subject with conceptually driven content requiring
very few accounting processes. It focuses on providing a
2 Lecture hours practical view of the management accounting
2 Tutorial hours environment with an emphasis on numerical problem
solving and different accounting methods such as capacity
analysis, variance analysis and costing. The course can be
Course Co)ordinator: Dr M. Turner described with having more of a finance flavour than
accounting, similar to microeconomics courses in an
Economics degree. All assessment pieces are very similar in
nature to the tutorial questions, so if you’re on top of the
concepts and have completed all the tutorials with ease
40% then this course should be relatively straight forward.
30% Lectures are particularly helpful in understanding difficult
20% concepts such as tax minimisation strategies in
10%
0%
DISADVANTAGES
The tutorials can sometimes be quite dry.
TIPS
TIPS AND
AND TRICKS
TRICKS
Rote learning is not recommended as it is better to learn
the concepts through solving tutorial and lecture
questions. If more questions are needed, they can be found
in the textbook. To make the most out of tutorials, it is a
good idea to work through the tutorial problems before
attending the class. Do not leave study last minute for this
course as some of the problems such as variable costing
for income statement preparation require time in exam
conditions. There are two attempts for each quiz and the
same 8 questions are used in each attempt, but there are
different numbers in the questions. This means you can
easily record incorrect answers from the first attempt and
figure it out before attempting the second attempt.
Page 28
Page 27
ACCT3105: Advanced Management
Accounting
Contact Hours:
3 Seminar hours
60%
50%
40%
30%
20%
10%
0%
PagePage
29 28
LAWS3100: Corporations Law
OVERVIEW
This course is a critical analysis of companies and partnerships, and their
COURSE DETAILS regulation in Australia. You will learn about aspects of the law
concerning companies, including the nature of corporate bodies,
Semesters Offered: 1&2 corporate personality and limited liability, formation of a company,
structure of and relationship between company organs, management
Prerequisites: COMM1201 or 1202 and governance, directors’ duties, shareholder rights, corporate finance
and external administration.
or LAWS1001 or 1100 or 1101
40%
30%
20%
DISADVANTAGES
10% A lot of the content cannot be included in the 2 hour lecture and as such,
outsider reading is necessary. There are no model answers to tutorial
0% questions on Blackboard and thus, is important to take notes of the
correct answers and relevant legislation for each tutorial. Lectures were
sometimes dry and boring.
Page 30
LAWS3101: Income Tax Law
OVERVIEW
COURSE DETAILS The course examines principles of Income Tax law, including an
analysis of the concepts of income, assessable income, allowable
deductions and capital gains, and the calculation of tax payable. The
Semesters Offered: 1&2 course also examines Goods and Services Tax and Fringe Benefit Tax
and how these two taxes interact with Income Tax. It is not the
objective of this course to study in detail all of the specific and
Prerequisites: COMM1202 or
technical provisions in the legislation which govern matters which
LAWS1000 or 1100 affects the actual preparation of income tax returns and business
activity statements.
DISADVANTAGES
40% The course is very challenging, requiring critical thinking and correct
30% application of the ITAA for calculating taxable income and income
20% tax payable.
10%
0%
Page
Page 31 30
Business
Information
Systems
BISM2202: Data Analytics and Information
Management
40%
30%
20%
TIPS AND TRICKS
Don’t rely heavily on the PowerPoint slides provided in
10%
lectures. Focus on self3study – use google to look up
0% definitions and terms to understand the course better.
Page 32
Page 33
BISM3203: Managing Business Data
Incompatible:
INFS1200 or 7900 or BISM7206
or MGTS3203 or MGTS7206
Assessment:
3 Lab Quizzes (21%)
Team Project (24%)
Final Exam (55%)
Contact Hours:
2 Lecture hours
2 Tutorial hours
Course Co9ordinator:
Dr A. Robb
50%
40%
30%
20%
10%
0%
Page 33
Page 34
BISM3208: Information Systems Strategy
Contact Hours:
2 Lecture hours
2 Tutorial hours
Course Co5ordinator:
Dr S. Akhlaghpour
40%
30%
20%
10%
0%
Page 34
Page 35
BISM3222: Information Analysis and
System Design
Incompatible:
INFS3222 or BISM7255 or
INFS7255
Assessment:
Mid.Sem Exam (15%)
Project report (50%)
Final Exam (35%)
Contact Hours:
2 Lecture hours
2 Practical or Laboratory hours
Course Co.ordinator:
A/Prof S. Matook
40%
30%
20%
10%
0%
Page 35
Page 36
BISM2203: Business Process
Management
Contact Hours:
2 Lecture Hours
1 Tutorial Hour
40%
30%
20%
10%
0%
% % % % % % %
Grade Grade Grade Grade Grade Grade Grade
1 2 3 4 5 6 7
Page
Page 37 36
BISM2233: eBusiness Systems
and Strategy
Incompatible: INFS2233 or
BISM7210 or INFS7210
Assessment:
Online Test (10%)
Team Project (30%)
Final Exam (60%)
Contact Hours:
2 Lecture hours
2 Tutorial hours
50%
40%
30%
20%
10%
0%
Page 37
Page 38
BISM3201: Accounting Information
Systems
Assessment:
Mid/Sem Exam (20%)
Project (20%)
Final Exam (60%)
Contact Hours:
2 Lecture hours
2 Tutorial hours
Course Co/ordinator:
Dr A. Robb
50%
40%
30%
20%
10%
0%
Page 38
Page 39
BISM3205: Business Information
Security
Incompatible: MGTS3205 or
BISM7213 or MGTS7213
Assessment:
Individual Assignment (20%)
Individual Assignment (25%)
Final Exam (55%)
Contact Hours:
2 Lecture hours
2 Tutorial hours
Course Coordinator: Dr P.
Clutterbuck
40%
30%
20%
10%
0%
% % % % % % %
Grade Grade Grade Grade Grade Grade Grade
1 2 3 4 5 6 7
Page 39
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BISM3206: Advanced Data Analytics
Contact Hours:
2 Lecture hours
1 Tutorial hour
40%
30%
20%
10%
0%
% % % % % % %
Grade Grade Grade Grade Grade Grade Grade
1 2 3 4 5 6 7
Page
Page 41 40
BISM3207: Managing Work in Virtual
Environments
Contact Hours:
2 Lecture hours
1 Tutorial hour
Course Coordinator: Dr P.
Clutterbuck
40%
30%
20%
10%
0%
% % % % % % %
Grade Grade Grade Grade Grade Grade Grade
1 2 3 4 5 6 7
Page
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Finance
FINM3401: Corporate Finance
OVERVIEW
This course aims to help students gain a deeper understanding of the
theory that forms the basis of corporate finance, and how this theory can
COURSE DETAILS be applied to "real world" issues (both quantitative and qualitative). As
such, this course covers all the important topics in Corporate Finance
including capital structure, dividend policy, valuing investment
Semesters Offered: opportunities and initial public offerings.
Semester 2
FINM3401 provides an In-depth analysis of financial issues confronting
most companies with a strong focus on application & practical relevance.
Prerequisites:
FINM2401 or FINM2412 The content in this course extends upon the knowledge gained in
FINM2401 in areas that include project analysis, real option valuation,
capital raising, financing & dividend policy, risk management & corporate
Incompatible: strategy. These topics give students a break from the heavy calculations
involved with capital structure problems.
FINM3411 or FINM7402
For aspiring corporate finance students, this is a must-do course with
Assessment: heavy relevance to work that on in corporate environments around the
Mid)Semester Exam: 30% world.
Team Assignment: 20%
Final Exam: 50% ADVANTAGES
The group assignment was a great simulation for students wanting to
Contact Hours: pursue a career in finance. A double-sided page of notes was allowed in
Lecture (2 hours) the final exam, it was advantageous to have a complete and accurate set
Tutorial (2 hours) of notes to take into the exam. Content extends upon knowledge gained
in FINM2401 and is of comparable difficulty. Tutorial questions and
Course Co)ordinator: answers are in-depth and provided weekly. The mid-semester exam is
quite straightforward and only assesses the first 4-5 topics.
Dr V. Ragunathan
DISADVANTAGES
At times questions could be quite confusing and counterintuitive.
However, much of this was due to the tutorial questions having poorly
guided answers or simply just the wrong answers. Time spent during
lectures is not a good indicator of what will be assessed. In exams, the
questions will not be similar to the style or form seen in tutorials. The final
exam was all inclusive, however, only a small section of the course was
assessed. What was assessed subsequently carried a large weighting.
Dr. Ragunathan does not use a microphone during lectures and thus was
difficult to hear at times (there is an obvious benefit in sitting towards the
front during lectures). Exam questions often required a lot of thinking
before completing; do not fall into the trap of trying to race through a
seemingly short paper as you can fall into the ‘planned’ traps in questions,
resulting in reduced grades.
Page Page
44 43
FINM3402: Investments and Portfolio
Management
OVERVIEW
Provides students with techniques for evaluating investments on an
COURSE DETAILS individual basis & in the context of portfolio (expanding heavily on
FINM2401). Techniques for analysing investments focus on maximising
expected returns while minimising risk. The most powerful way to
Semesters Offered: achieve this objective is by creating a portfolio of investments.
Semester 1 and 2 Therefore, students should achieve the ability to value investments
and quantify the contribution they make to the risk of a portfolio.
Topics covered are Financial Statement Analysis, Markets &
Prerequisites: Instruments, Equity Investments, Debt Investments & Portfolio
FINM2401 or FINM2412 Management.
DISADVANTAGES
Lecture slides were often crammed with information and sometimes
skimmed through. This results in worked examples often being
overlooked and some slides being skipped altogether. This made it
difficult to understand which information was pertinent for
assessments. Lectures go well outside a lot of the scope of the course
and are often completely different to the tutorial questions, making
them very difficult and ambiguous at times. Having a good tutor is
essential to gaining knowledge in often difficult topics.
Page
Page 45 44
FINM3403: International Finance
Management
OVERVIEW
This course aims to provide you with skills to critically evaluate
COURSE DETAILS challenging financial decision making in international settings
including the management of exchange rate risk, determination
of cost of capital, and international diversification. ECON3403
Semesters Offered: Extends financial decision making to the international setting.
Problems introduced through exchange rates are considered.
Semester 1 Issues such as the determination of cost of capital, benefits of
international diversification, the quantification & hedging of
Prerequisites: economic exposure are addressed.
FINM2401 or FINM2411 or
FINM2412 Topics explore the wider macro economic environment and the
influence of such on various topics related to international
Incompatible: finance. Further the subject explores theoretical factors such as
globalisation and international market interconnectedness.
FINM7406
Assessment:
Mid+Semester Exam: 30%
ADVANTAGES
The lecturer is regarded as fantastic and lectures were
Assignment: 20% streamlined and engaging with comprehensive lecture slides.
Final Exam: 50% Additional learning materials are easily available to help with
course content. Tutorial questions and answers are detailed and
are helpful for self learning. Overall, the course is engaging and
Contact Hours: enjoyable for any student looking to gain a grasp of international
Lecture (2 hours) finance.
Tutorial (2 hours)
Course Co+ordinator: DISADVANTAGES
Mr. D. Rahman Past students described the mid semester and final exams as
difficult, primarily due to tutorial questions not indicative of the
level of difficulty. Furthermore, tutorial questions were skimmed
over which made preparation for the final exam challenging.
Tutors are “hit and miss” and self learning is required to
compensate for lacklustre tutorials.
Page
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46
FINM3404: Banking and Lending
Decisions
OVERVIEW
This course will consider the uniqueness of the financial
COURSE DETAILS institutions, assessment of credit risk and the principles of
successful bank lending, as well as risk management in banks. At
the end of this course, you will understand the risk assessment of
various types of loans, the mechanisms for predicting financial
Semesters Offered: distress, the principles of asset liability management,
Semester 1 securitization and its impact of the Global Financial Crisis (GFC)
2007, bank regulation, bank profitability analysis and
Prerequisites: international banking system.
FINM2401 or FINM2411 or
The primary purpose of this course is for students to develop a
FINM2412 broad understanding of how financial institutions operate both
locally and globally. Particular emphasis is placed upon banking
Incompatible: and lending decisions in both domestic and international
N/A markets and the shift in operation from banks in recent years.
Assessment:
Mid,Semester Exam: 30% ADVANTAGES
Team Case Study: 20% This course is theory based rather than calculation based and
Final Exam: 50% requires less mathematical ability than other finance major
courses. Heavy content load provides an understanding of
banking systems and the regulations around them, this
Contact Hours: understanding allows for parallels to be drawn with what is often
Lecture (2 hours) seen in the news.
Tutorial (2 hours)
The lecturer is highly regarded by students and lecture slides are
Course Co,ordinator: comprehensive. Real2world examples are used throughout
lectures to ensure students understand the actual applications of
Dr. M. Haq
the content being taught.
DISADVANTAGES
Lectures are content heavy and are often disengaging. Whilst the
exam content is predictable, marking is very strict, requiring
detailed answers for full marks. Due to the course being largely
theory based, lots of studying and memorising goes into learning
content that is ultimately not assessed.
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FINM3405: Derivatives and Risk
Management
OVERVIEW
The aims of the course are for the student to gain a solid understanding
COURSE DETAILS of (i) the operation of derivatives markets, (ii) a wide range of derivative
products and how they can be used to manage and speculate risk, as
well as (iii) valuing derivative instruments using different analytical and
numerical methods.
Semesters Offered: The course introduces forwards, futures & options as securities for risk
Semester 2 management & speculation, with exposures to equity, currency, interest
rate & commodity risk are examined. Pricing derivatives using analytical
& numerical techniques is undertaken. This course is designed to equip
Prerequisites: students with the essential frameworks and tools needed to understand
FINM2401 or FINM2411 or FINM2412 and effectively manage financial risks.
Assessment:
Mid-Semester Exam: 30% ADVANTAGES
Report: 15% Course content is interesting and would be beneficial for someone
Final Exam: 55% interested in securities. The lecturer (Kam Fong Chan) is excellent at
explaining concepts in lectures and always includes examples to help
Contact Hours: with understanding. A set of comprehensive lecture notes (substitute
for a textbook) accompanies each lecture that is beneficial in exam
Lecture (2 hours) preparation. Tutorials are useful and answers to tutorial questions are
Tutorial (2 hours) always quite in depth.
Course Co-ordinator: Students found that the teaching process was very effective and hard
Prof. K. Fong Chan concepts were easy to master after some practice questions. Lectures
and tutorials are recorded which proved advantageous toward exam
time.
Kam provides final exam practice questions which are extremely useful,
providing students with an apt representation of exam questions.
DISADVANTAGES
The first few weeks throw students in the deep end with difficult concepts
that set the foundation for the rest of the course. The mid'semester exam
is notoriously difficult and focuses on conceptual understanding and
KNOWING the finer details of the concepts. At time is very
mathematically based (final exam is solely extended calculation
questions), thus can be daunting for students that prefer theoretical
finance.
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ECON2300: Introductory Econometrics
Course Coordinator:
Dr E. Eisenstat (S1); DISADVANTAGES
Dr M. Khaled (S2)
The lecturer was good at teaching course content but
tended to speak quickly, and trying to properly understand
what has been said was difficult when attending a live
40%
lecture. Watching lectures online is advisable so that you
30% are able to pause and take down the information, as
20% understanding the technical theory behind the course
10% concepts is essential to understanding econometrics and
0% performing well.
% % % % % % %
Grade Grade Grade Grade Grade Grade Grade
1 2 3 4 5 6 7
TIPS AND TRICKS
With ECON2300 it is essential to understand the theory
behind econometric modelling early on and
understanding what each coefficient or output means in
the scheme of the model. This course would be very
difficult to cram for due to each part of the course having a
‘domino’ like effect on other lectures. Tutorials were also an
important part of the course and necessary to attend, as
they teach you to use the EViews software which is used in
the assignments and referred to on the exams.
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ECON3210: Financial Markets &
Institutions
40% DISADVANTAGES
30%
Content can be a little bit slow at times, and there is a bit
20%
of hand holding with respect to teaching pace.
10%
0%
% % % % % % %
Grade Grade Grade Grade Grade Grade Grade
TIPS AND TRICKS
1 2 3 4 5 6 7
Keep up with the coursework – this course is quite content+
heavy, and the concepts covered tend to build on each
other from week to week. Make sure to check the
Blackboard forums – the lecturer and tutors answer all
questions and check any student answers, and it’s a good
way to double+check your knowledge. If you go to the first
lecture you will be equipped with all of the information
you need to do well in this course. Overall, I would suggest
doing this course early on in your degree, as the content
was a little bit repetitive after completing all of the
FINM340X subjects and most compulsory subjects in the
Bachelor of Economics program.
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