AFM103 Introductory Finance

Updated: 28 May 2019
Credit Points 6
Offering
Responsible Campus Teaching Period Mode of Study
Armidale Trimester 2 Online
Armidale Trimester 2 On Campus
Armidale Trimester 3 Online
UNE Sydney Campus Trimester 2 On Campus
Intensive School(s) None
Supervised Exam There is a supervised exam at the end of the teaching period in which you are enrolled. The paper-based exam will be held at an established exam venue, and coordinated by UNE Exams Unit.
Pre-requisites None
Co-requisites None
Restrictions FIN101
Notes None
Combined Units None
Coordinator(s)
Unit Description

This unit provides students with key practical skills in both personal and business finance. Students will develop an understanding of financial skills such as budgeting, debt management, risk versus returns, investment versus speculation etc. This unit also equips students with an understanding of key financial concepts and their application in both a personal and a business context.

Important Information

Where calculators are permitted in examinations, it must be selected from an approved list, which can be accessed from the Further Information link below.

Further information

Prescribed Material
Mandatory

Text(s):

Note: Students are expected to purchase prescribed material. Please note that textbook requirements may vary from one teaching period to the next.

Financial Planning, 2nd Update Edition Wiley eBook

ISBN: 9780730343554
McKeown, W., Kerry, M. and Olynyk, M., Wiley 2nd ed. 2017

Note: Text is available as an eBook (ISBN: 9780730343554) and in black and white paperback (ISBN: 9780730350620), either is acceptable.

Text refers to: Trimester 2, On Campus and Online

Disclaimer Unit information may be subject to change prior to commencement of the teaching period.
Assessment
Must
Complete
Title Exam Length Weight Mode No. Words
Assignment 1 10% Online
Assessment Notes

Online Quiz.

Relates to Learning Outcomes (LO)

LO: 1-4

Assignment 1 10% On Campus
Assessment Notes

Class Quiz.

Relates to Learning Outcomes (LO)

LO: 1-4

Compulsory Assignment 2 30% On Campus and Online
Assessment Notes

Essay and Calculations.

Relates to Learning Outcomes (LO)

LO: 1-4

Compulsory Final Examination 2 hrs 15 mins 60% On Campus and Online
Assessment Notes

Students must receive at least 50% in the examination (and at least 50% overall) to receive a pass (or better) in the unit.

Relates to Learning Outcomes (LO)

LO: 1-4


Learning Outcomes (LO) Upon completion of this unit, students will be able to:
  1. demonstrate a fundamental knowledge of key financial concepts including budgeting, solvency, savings, the risk/return trade-off, debt products, property investment and wealth management, and the ability to apply these concepts in either personal or business contexts;
  2. demonstrate a fundamental knowledge of interest rates, inflation rates, insurance and diversification, and how these apply to personal or business related contexts;
  3. use a range of cognitive and communication skills to identify, evaluate and synthesise relevant information drawn from a range of sources in order to demonstrate judgement, creative thinking and analytical skills in solving business-related problems; and
  4. work independently or collaboratively to plan and execute tasks to enhance professional knowledge and skills.