Money, Banking and Finance
Gold Coast, Australia
Area of Study
Taught In English
Course Level Recommendations
ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.
Recommended U.S. Semester Credits3 - 4
Recommended U.S. Quarter Units4 - 6
Hours & Credits
OverviewCourse DescriptionThis course provides an overview of the Australian financial system, particularly the role of the financial markets and institutions. It also presents a brief survey of the theory of money and an analysis of the conduct of monetary policy in recent yearsCourse IntroductionThis course is useful for students of economics, banking, finance, commerce and other business?related programs. It provides a basic understanding of the participants, roles, functions, products and operations of the various types of financial institutions, markets and instruments that make up a modern financial system. Understanding of these issues is crucial for students pursuing a qualification in the above fields. The course focuses on the Australian Financial system to provide an understanding of concepts and inter?relationships among various components of a financial system.Course AimsThe Australian Financial System has a strong reputation for its sound and effective processes. Outcomes of these effective processes include public and investor confidence. As a consequence, a primary aim of this course is to ensure our students are competent with skills and knowledge needed to perform well in the dynamic and highly regulated field of financial services. To achieve this aim, coursework integrates the routine aspects of the finanical system with current affairs.The aims are reflected in the learning objectives.Learning OutcomesAfter successfully completing this course you should be able to:1 Explain the objectives and importance of monetary policy and the role of central banking2 Define and distinguish various types of financial markets and the role each markets plays;3 Discuss the importance of financial regulation and explain the supervision framework and methodology;4 Explain the economic function of money and capital markets and identify and describe various market instruments;5 Understand important issues involved in international markets;6 Describe the roles, functions and operations of banks and non-bank financial institutions;7 Describe the roles, functions, operations and regulation of funds management, superannuation, and insurance;
Weighting/Marked out of
Presentation - technical or professional
Test or quiz
In Class Quiz*
Exam - constructed response
Courses and course hours of instruction are subject to change.
Eligibility for courses may be subject to a placement exam and/or pre-requisites.
Credits earned vary according to the policies of the students' home institutions. According to ISA policy and possible visa requirements, students must maintain full-time enrollment status, as determined by their home institutions, for the duration of the program.