This unit of study provides students with knowledge and capability in developing computer based financial models and understanding of emerging financial technologies (FinTech). The unit includes development and application of financial models in solving valuation problems, data sensitivity analysis, financial technologies (blockchain and artificial intelligence) and their impact on financial services industry. Students will be able to use financial models and theories in simulation and optimisation to generate information for financial decision making and effectively handle complexities arising from technological developments in financial services industry.

Unit details

Location:
Study level:
Postgraduate
Credit points:
12
Unit code:
BAO7003

Learning Outcomes

On successful completion of this unit, students will be able to:
  1. Critically reflect on their financial decision-making ability by employing simulation and optimisation techniques with the use of financial models;  
  2. Contextualise and concisely convey the impact of change on different aspects of the financial information using computer based financial applications;  
  3. Critically review the impact of contemporary and emerging technologies that are impacting the work flows and processes of financial institutions and corporate finance functions; and,  
  4. Exhibit communication and presentation skills using financial data.  

Assessment

Assessment type Description Grade
Test In class test (short answer theoretical and calculations question) 20%
Project Group report on Spreadsheet Models and presentation 40%
Case Study Case studies applying financial modelling 40%

Required reading

Selected readings will be made available via the unit VU Collaborate site.

The future of FinTech: integrating finance and technology in financial services, ebook
Nicoletti, B (2017),
Palgrave Macmillan.

Principles of financial modelling: model design and best practices using Excel and VBA. ebook
Rees, M. (2018),
[s. l.]: Wiley

Where to next?

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