Contemporary Issues in Banking and Finance
Credit points
(Generally, 1 credit = 10 hours of classes and independent study.)
Location
VU Online
Prerequisites
(Or equivalent to be determined by unit coordinator)
Co-requisites
(Corequisite units must be studied concurrently with this unit)
Overview
Study the capstone unit Contemporary Issues in Banking and Finance to further develop your professional values, ethics and attitudes.
You will learn about management skills and knowledge relevant to a contemporary banking and finance environment. The applied nature of this unit develops a range of transferable skills of value in your employment after graduation.
- Sessions will focus on topics that are at the forefront of both industry and academic literature. Gain greater understanding of the banking sector through:
- case studies
- journal articles
- specialist expert speakers who work in the field.
Key areas covered include:
- bank risk management
- governance
- competition issues
- bank failures
- financial technology adoption such as digital banking
- bank influence on the real and green economies.
Learning Outcomes
On successful completion of this unit, students will be able to:
- Assess the role of banks in the economic process in terms of their functioning and operation;
- Analyse the practice of modern banking in a financial technological environment comprising cryptocurrencies and digital banking;
- Critically evaluate key financial risks faced by banks and critically analyse different approaches to risk management;
- Exercise judgement skills to evaluate the causes of bank failures and argue the importance of micro and macro prudential regulation in their mitigation; and,
- Critically reflect on the ethical dilemmas and challenges in the practice of contemporary banking in the real and green economies.
Assessment
For Melbourne campuses
Assessment type: Test | Grade: 20%
In-class quiz
Assessment type: Assignment | Grade: 30%
Research report and presentation on contemporary banking issues (Group with Individual Q&A)
Assessment type: Test | Grade: 50%
Final in-class assessment on contemporary banking issues
Other locations
Assessment type: Test | Grade: 20%
Individual quiz
Assessment type: Assignment | Grade: 30%
Group report on contemporary banking issues
Assessment type: Examination | Grade: 50%
Final examination
Assessment type: Assignment | Grade: 20%
Assess the evolving role of banking
Assessment type: Report | Grade: 30%
Research report on contemporary banking issues
Assessment type: Presentation | Grade: 50%
Case study presentation on contemporary banking issues
Assessment 3 Presentation 50% is a secure assessment including Q&A.
Required reading
Selected readings will be made available via VU Collaborate.
As part of a course
This unit is not compulsory for any specific course. Depending on the course you study, this unit may be taken as an elective.