最新糖心Vlog

CORPFIN 3504 - Treasury and Financial Risk Management III

North Terrace Campus - Semester 2 - 2014

The course examines the process and instruments used in treasury management and their application in managing risk. Issues will be examined from both a financial institution and non-financial institution perspective. Topics: the risk management environment: typology of risk management, operational risk, risk management in a non-bank setting; risk management instruments: forwards, futures, options, swaps, alternative investments; management of risk: sensitivity analysis, value at risk, risk measurement and control.

  • General Course Information
    Course Details
    Course Code CORPFIN 3504
    Course Treasury and Financial Risk Management III
    Coordinating Unit Adelaide Business School
    Term Semester 2
    Level Undergraduate
    Location/s North Terrace Campus
    Units 3
    Contact Up to 3 hours per week
    Prerequisites CORPFIN 2500
    Corequisites CORPFIN 3502
    Assessment Exam/assignments/tests/tutorial work as prescribed at first lecture
    Course Staff

    Course Coordinator: Mr Dale Blackmore

    Location: Room 13.51, 10 Pulteney Street
    Telephone: 8303 0083
    Email: dale.blackmore@adelaide.edu.au
    Consultation: Monday 2:00pm - 4:00pm
    Course Timetable

    The full timetable of all activities for this course can be accessed from .

  • Learning Outcomes
    Course Learning Outcomes
    By the end of this course, students should be able to:
    1. understand the role of risk management within a corporate setting
    2. explain how the various types of derivative securities available for financial risk management are utilised
    3. comprehend the concept of hedging and how to implement it 
    4. employ various risk management techniques including VAR and interest rate risk management
    5. apply skills required to work effectively in a group
    最新糖心Vlog Graduate Attributes

    This course will provide students with an opportunity to develop the Graduate Attribute(s) specified below:

    最新糖心Vlog Graduate Attribute Course Learning Outcome(s)
    Knowledge and understanding of the content and techniques of a chosen discipline at advanced levels that are internationally recognised. 1, 2, 3, 4
    The ability to locate, analyse, evaluate and synthesise information from a wide variety of sources in a planned and timely manner. 1, 2, 3, 4
    An ability to apply effective, creative and innovative solutions, both independently and cooperatively, to current and future problems. 1, 2, 3, 4
    Skills of a high order in interpersonal understanding, teamwork and communication. 5
    A proficiency in the appropriate use of contemporary technologies. 1, 2, 3, 4, 5
    A commitment to continuous learning and the capacity to maintain intellectual curiosity throughout life. 1, 2, 3, 4, 5
    A commitment to the highest standards of professional endeavour and the ability to take a leadership role in the community. 1, 2, 3, 4, 5
    An awareness of ethical, social and cultural issues within a global context and their importance in the exercise of professional skills and responsibilities. 1, 2, 3, 4, 5
  • Learning Resources
    Required Resources
    Treasury and Financial Risk Management 2nd edition, edited by Dale Blackmore.  ISBN 9781308079288

    Alternatively there is an ebook available
    Treasury and Financial Risk Management 2nd edition, edited by Dale Blackmore.  ISBN 9781308079295

    Either text is suitable, you do not need to purchase both.
    Recommended Resources
    • Risk Management and Financial Institutions, John C. Hull, Pearson/Prentice Hall, 2007.
    • Financial Management and Corporate Strategy, Mark Grinblatt and Sheridan Titman, McGraw-Hill.
    • An Introduction to Derivatives and Risk Management, Don M. Chance, (2001 or later editions), Harcourt.
    • Risk Management and Derivatives, R. M. Stulz (2003) First Edition, South- Western.
    • Multinational Financial Management, Alan C Shapiro (1999), Sixth Edition. Later editions are available.
    • International Financial Management, Jeff Madura (2003), Seventh Edition. Later editions are available.
    • Financing and Risk Management, Richard A Brealey, Stewart C. Myers (2003).
    • Options, Futures and Other Derivatives, John C. Hull (2006), Sixth Edition.
    • Journal of Applied Corporate Finance, Various issues.
    • High quality finance journals covering risk management.
  • Learning & Teaching Activities
    Learning & Teaching Modes

    This course utilises a two hour lecture and one hour tutorial each week to cover all topics for study.

    To facilitate a full understanding of any topic, students are encouraged to both ask questions and participate in inclass activities. If there is material that any student does not understand, asking of questions at any time is encouraged.  Concepts from previous courses will serve as foundation for many of the topics under consideration.

    There is an expectation that students will engage in additional readings, as well as the required text to gain a full appreciation of all aspects of the course.

    Workload

    The information below is provided as a guide to assist students in engaging appropriately with the course requirements.

    The 最新糖心Vlog anticipates full-time students (i.e. those taking 12 units per semester) to devote a total of 48 hours per week to their studies. This means that you are likely to need to commit approximately 9 hours for a three-unit course or 13 hours for a four-unit course, of private study outside of your regular attendance in classes.

    Students in this course are expected to attend all classes.
    Learning Activities Summary

    No information currently available.

  • Assessment

    The 最新糖心Vlog's policy on Assessment for Coursework Programs is based on the following four principles:

    1. Assessment must encourage and reinforce learning.
    2. Assessment must enable robust and fair judgements about student performance.
    3. Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
    4. Assessment must maintain academic standards.

    Assessment Summary
    Assessment Weighting Related Learning Outcome
    Participation 10% 1 to 4
        
    Class Test 15% 1 to 4
        
    Group Assignment 20% 1 to 5
       

    Final exam (3 hours, closed book)

    55% 1 to 4
    Assessment Related Requirements
    The following additional conditions apply:
    1. To gain a pass in this course, a mark of at least 45% must be obtained in the final examination as well as a total of at least 50% overall. Students who fail to achieve the minimum examination mark will be awarded no more than 49%.
    2. Legible handwriting and the quality of English expression are considered to be integral parts of the assessment process. You may lose marks in the examination due to poor handwriting.
    3. Students in this course are not permitted to take a dictionary (English or English-Foreign) into the examination.
    4. The use of a non-programmable calculator is permitted in this course.
    Assessment Detail

    Participation
    The participation mark will be awarded based on individual input in tutorial sessions.  Attendance alone is not in iteslf grounds to be awarded a participation mark.  For example, though a student may attend every tutorial, but remains silent throughout the class by not offering responses to either assigned questions or in class discussions it is possible for a student to receive a participation mark of zero.  Alternatively, as a further example, a student who voluntarily contributes in all classes to all questions with thoughtful responses related to the topic (even if the answer is incorrect) may receive full participation marks.

    Class test
    To be held during seminar hours in week 6. It will cover material from Weeks 1 to 4. It will be a closed book assessment.

    Assignment
    Detailed information on the group assignment will be made available on MyUni and will be discussed in the first lecture. A confidential peer assessment form must be completed by each group member and submitted separately to the assignment. Individual member marks may be modified based on feedback contained within the peer assessments for the group.  Based on this feedback a group member's mark may be adjusted by a maximum of 10% of the total available mark.

    Final examination
    Will be a 3 hour closed book exam and will be held during the examination period.

    Submission
    Notes on Assessment
    1. All set work including assignments and class test must be provided by the due date and must be genuine attempts, to complete the course.
    2. Legible hand-writing (for in class test and exam) and the quality of English expression are considered to be integral parts of the assessment process. You may not gain marks because of poor hand-writing, poor presentation and/or poor grammar.  Presentation and grammar are of high importance for the assignment.
    3. Assessment marks prior to the final exam will be displayed on MyUni.  Students are encouraged to check their marks and notify the lecturer-in-charge of any discrepancies.
    4. Any assignment submitted after the advised due date will incur a penalty of 10% of the total available mark per calendar day.
    Presentation of Assignments
    • Retain a copy of all assignments submitted.
    • All group assignments, if submitted via MyUni, will be deemed to comply with the 最新糖心Vlog's policy on academic conduct through the act of submission.
    • All group assignments, if submitted manually, must be attached to a ‘Group Assignment Cover Sheet’, which must be signed and dated by all group members before submission. All team members are expected to contribute approximately equally to a group assignment.
    Assignment Guidelines including Referencing Details
    A copy of the  will have been given to you at the beginning of your program. This guide will assist you structure your assignments. The publication also provides guidelines on a range of other important communication skills including writing essays and management reports, making oral presentations etc. In preparing any written piece of assessment for your postgraduate studies it is important to draw on the relevant ‘literature’ to support critical analysis. Also essential is to reference the literature used. Correct referencing is important because it identifies the source of the ideas and arguments that you present, and sometimes the source of the actual words you use, and helps to avoid the problem of plagiarism. (Further information on plagiarism is provided later in this course outline.)

    The Harvard system is the preferred style of referencing for this course. Guidelines for the use of this style of referencing can be found in the . Further assistance with referencing is available from the Faculty’s Learning Support Advisors. The contact details are provided in the .

    Late Assignment Submission
    Students are expected to submit their work by the due date to maintain a fair and equitable system. Extensions will generally only be given for medical or other serious reasons. Other assignments or too much work are considered not to be valid reasons. All requests for extensions must be emailed to the lecturer in charge of the course before the due date. Each request will be assessed on its merits.

    Return of Assignments
    Every attempt is made to return assignments to students within two (2) weeks of the due date. Written feedback will be provided for each assignment. Students are responsible for collecting their marked assignments from the professions hub.

    Course Grading

    Grades for your performance in this course will be awarded in accordance with the following scheme:

    M10 (Coursework Mark Scheme)
    Grade Mark Description
    FNS   Fail No Submission
    F 1-49 Fail
    P 50-64 Pass
    C 65-74 Credit
    D 75-84 Distinction
    HD 85-100 High Distinction
    CN   Continuing
    NFE   No Formal Examination
    RP   Result Pending

    Further details of the grades/results can be obtained from Examinations.

    Grade Descriptors are available which provide a general guide to the standard of work that is expected at each grade level. More information at Assessment for Coursework Programs.

    Final results for this course will be made available through .

  • Student Feedback

    The 最新糖心Vlog places a high priority on approaches to learning and teaching that enhance the student experience. Feedback is sought from students in a variety of ways including on-going engagement with staff, the use of online discussion boards and the use of Student Experience of Learning and Teaching (SELT) surveys as well as GOS surveys and Program reviews.

    SELTs are an important source of information to inform individual teaching practice, decisions about teaching duties, and course and program curriculum design. They enable the 最新糖心Vlog to assess how effectively its learning environments and teaching practices facilitate student engagement and learning outcomes. Under the current SELT Policy (http://www.adelaide.edu.au/policies/101/) course SELTs are mandated and must be conducted at the conclusion of each term/semester/trimester for every course offering. Feedback on issues raised through course SELT surveys is made available to enrolled students through various resources (e.g. MyUni). In addition aggregated course SELT data is available.

  • Student Support
  • Policies & Guidelines
  • Fraud Awareness

    Students are reminded that in order to maintain the academic integrity of all programs and courses, the university has a zero-tolerance approach to students offering money or significant value goods or services to any staff member who is involved in their teaching or assessment. Students offering lecturers or tutors or professional staff anything more than a small token of appreciation is totally unacceptable, in any circumstances. Staff members are obliged to report all such incidents to their supervisor/manager, who will refer them for action under the university's student鈥檚 disciplinary procedures.

The 最新糖心Vlog of Adelaide is committed to regular reviews of the courses and programs it offers to students. The 最新糖心Vlog of Adelaide therefore reserves the right to discontinue or vary programs and courses without notice. Please read the important information contained in the disclaimer.