This course introduces students to the theory and practice of trading securities at exchanges and dealer markets. This involves examining market structures, types of traders and the strategies they use to achieve their objectives. Students learn how and why investors trade and how market structure affect volatility, liquidity, trading costs, price efficiency and trading outcomes. There is a focus on barriers to trading; bid-ask spreads, trade impact on price, brokerage commissions etc. Students are exposed to the practical issues related to trading through the use of class exercises and trading simulations.
A third level elective finance course that introduces the characteristics venture capital and private equity investments, as well as the financing of entrepreneurial firms and public to private transactions. This course is highly recommended for students with an interest in the functioning of small to medium enterprises, exploring theoretical and practical issues/decisions that they face.
This subject forms part of the corporate finance sub branch and provides students with theoretical and practical knowledge in equity valuation and analysis. Accordingly, students learn the different techniques and models in relation to DCF valuation , trade recommendation reports and financial statements. The knowledge and practical abilities gained through this course, relate to the industries of brokerage, fund management, mergers and acquisitions and investment banking.
This subject forms part of the corporate finance sub branch and focuses on financial decision making. This course provides a theoretical understanding and evaluation of financial transactions in a corporate finance environment, including undertaking case studies and researching current financial issues. Furthermore, the topics learnt by students include equity and debt financing, capital raising, discounted cash flows, capital budgeting and structure, mergers and acquisitions and excel modelling. The knowledge gained from this course is relevant to the investment banking industry.
This Course is a Finance Core.
One of the compulsory level 1 courses required for a finance major at UNSW. It forms the foundation of quantitative areas in finance, introducing students to important topics such as financial mathematics, investment valuations, capital budgeting and costs of capital. The fundamentals learnt within this course are expanded upon in higher level courses of the finance major.