Unit Guide

BFF5916
International banking
Semester 2, 2016

Handbook link:
http://www.monash.edu.au/pubs/2016handbooks/units/index-byfaculty-bus.html

The information contained in this unit guide is correct at time of publication. The University has the
right to change any of the elements contained in this document at any time.

Last updated:18 Jul 2016

Table of contents
BFF5916 International banking - Semester 2 - 2016

Table of contents
Unit handbook information

Synopsis

Mode of delivery

Workload requirements

Unit relationships

Prerequisites

Prohibitions

Co-requisites

Chief Examiner

Unit Coordinator(s)

Campus Lecturer(s)

Academic overview

Learning outcomes

Teaching approach

Unit schedule
Assessment summary

7
7

Second marking

Return of final marks

Exam viewing

Assessment criteria

Assessment requirements

Hurdle requirements

Assessment tasks

Examination(s)

11

Referencing requirements

11

Feedback

11

Learning resources

12

Required resources

12

Technological requirements

12

Q Manual

13

Prescribed text and readings

13

Recommended resources

13

Other information

13

Policies

13

Graduate Attributes Policy

13

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BFF5916 International banking - Semester 2 - 2016

Student Charter

13

Student Services

13

Monash University Library

14

Disability Support Services

14

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BFF5916 International banking - Semester 2 - 2016

Unit handbook information

Synopsis
Topics include the latest international banking regulatory concerns, geographic focus of banking in
Europe, Asia and less developed economies; the European monetary system; Euromarkets; trade
finance and trade facilitation agencies; country risk analysis.

Mode of delivery
Caulfield (Day)
Caulfield (Evening)

Workload requirements
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per
semester typically comprising a mixture of scheduled learning activities and independent study.
Independent study may include associated readings, assessment and preparation for scheduled
activities. The unit requires on average three/four hours of scheduled activities per week.
Scheduled activities may include a combination of teacher directed learning, peer directed learning
and online engagement.

Unit relationships

Prerequisites
None

Prohibitions
AFF9160

Co-requisites
None

Chief Examiner
Name:DrPiyadasaEdirisuriya
Campus:Caulfield
Phone:99032226
Email:[email protected]

Unit Coordinator(s)
Name:DrPiyadasaEdirisuriya

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BFF5916 International banking - Semester 2 - 2016

Name:DrPiyadasaEdirisuriya
Campus:Caulfield
Email:[email protected]
Phone:99032226
Contact hours:TBA

Campus Lecturer(s)
Name:DrKymBrown
Campus:Caulfield
Phone:99031053
Email:[email protected]
Contact hours:TBA

Name:ProfessorMichaelSkully
Campus:Caulfield
Phone:+61 3 990 32407
Email:[email protected]
Contact hours:TBA

Name:DrPiyadasaEdirisuriya
Campus:Caulfield
Phone:+61 3 990 32226
Email:[email protected]
Contact hours:TBA

Academic overview
Learning outcomes
The learning goals associated with this unit are to:
1. analyse characteristics of international banking and consider the rational of domestic
banks to expand overseas by researching and applying topics that are generally outside the
typical finance undergraduate curriculum
2. develop an understanding of the financial structure of countries and apply that
understanding to a particular country to report potential international banking opportunities
based on a country's current financial structure
3. research, evaluate and report on a current international banking issue
4. demonstrate an awareness of the complex and changing nature of Euro zone banking
5. apply critical thinking, problem solving and presentation skills to individual and/or group
activities dealing with international banking and finance and demonstrate in an individual
summative assessment task the acquisition of comprehensive understanding of the topics
covered by BFF5916.

Teaching approach
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BFF5916 International banking - Semester 2 - 2016

The teaching and learning approach provides facilitated learning, practical exploration and peer
learning.
This unit will be taught as a three hour lecture/discussion with the first part based on a lecture and
the second part based on discussions. Given our class size we have the opportunity to have
students to ask questions and participate in discussions which can develop a students confidence
and oral presentation skills.
The lecture notes will be provided on Moodle as will a number of readings on each topic. Please
do not underestimate the amount of reading this unit will require. This unit has no prerequisites,
which allows students with a non-financial backgrounds to undertake the unit, making the required
reading all the more essential . The global finance/banking topic coverage will alsobe of
considerable interest to those with finance skills.
To ensure a high probability of successfully completing this unit, you need to manage your time
and studies in a systematic way. At a minimum this should involve:

reading prescribed and selected recommended material prior to attending lectures;

completing week-by-week tutorial activities tasks prior to attending tutorials;
attempting relevant questions from past final examination papers and in-semester tests;
discussions with past and present students; and
revision of the semester's work during the SWOT-Vac and prior to the final examination.

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BFF5916 International banking - Semester 2 - 2016

Unit schedule
Students should note that the program outlined below is a guide to the material to be covered in
this unit and not a definitive statement of when that material will be covered. Specific details
relating to the timing will be discussed in class.

Week

Activities

Assessment

ORIENTATION WEEK

No formal assessment or activities

are undertaken in week 0

Changing Financial Services Sector - Overview

Read: Edirisuriya Chapter 1

The Organization and Structure of Banking and

the Financial-Services Industry

Read: Edirisuriya Chapter 3

Impact of the Government Policy, International

banking regulation and the Basel accords

Read: Edirisuriya Chapter 2 and

Chapter 11

Acquisitions and Mergers

Read: Edirisuriya Chapter 4

International Finance: An overview

Read: Edirisuriya Chapter 6

In-Semester Test

Study first 5 weeks material

The balance of payments and effective

exchange rate

Read: Edirisuriya Chapter 8

The international monetary system and

exchange rate arrangements

Read: Edirisuriya Chapter 10

The foreign exchange market

Read: Edirisuriya Chapter 7

10

Exchange rate Determination

Read: Edirisuriya Chapter 9

11

Foreign exchange risk and exposure

Read: Edirisuriya Chapter 12

12

International Banking and the Future of Banking

and Financial Services

Read: Edirisuriya Chapter 5

SWOT VAC

No formal assessment is undertaken

SWOT VAC

Examination period

LINK to Assessment Policy:

http://policy.monash.edu.au/policybank/
academic/education/assessment/
assessment-in-coursework-policy.
html

Assessment summary
Within semester assessment: 30% + Examination: 70%

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BFF5916 International banking - Semester 2 - 2016

Assessment task

Value

Due date

Mid-Semester Test

15%

Week 6

Group assignment

15%

19 September by 5PM

Examination 1

70%

To be advised

A students final mark is normally the sum of the marks obtained in all of the individual assessment
items in the unit.

Second marking
Where an assessment task is given a fail grade by an examiner, that piece of work will be marked
again by a second examiner who will independently evaluate the work, and consult with the first
marker. No student will be awarded a fail grade for an assessment task or unit without a second
examiner confirming the result.
Note: Exceptions to this are individual pieces of assessment contributing 10% or less of the final
mark, unless the total of such pieces exceeds 30% of the final mark.

Return of final marks

Faculty policy states that 'the final mark that a student receives for a unit will be determined by the
Board of Examiners on the recommendation of the Chief Examiner taking into account all aspects
of assessment'.
The final mark for this unit will be released by the Board of Examiners on the date nominated in the
Faculty Calendar. Student results will be accessible through the my.monash portal.

Exam viewing
Feedback on student performance in examinations and other end-of-semester assessment is
required. The feedback should be in accordance with the University's procedures on Unit
Assessment. Details of the examination script viewing arrangements set down by the Faculty of
Business and Economics are available athttp://www.buseco.monash.edu.au/esg/agu/policies
/feedback-exam-performance.html

Assessment criteria
Full details relating to the assessment requirements for this unit are available on Moodle and will
be discussed in class on Day One.
Assessment Criteria Grading Descriptors available at:
http://www.policy.monash.edu/policy-bank/academic/education/assessment/

Assessment requirements
Hurdle requirements
There is a hurdle requirement in this unit. The learning outcomes in this unit require students to

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BFF5916 International banking - Semester 2 - 2016

There is a hurdle requirement in this unit. The learning outcomes in this unit require students to
demonstrate in the individual summative assessment task a comprehensive understanding of the
topics covered in the unit. This is demonstrated by the requirement that the student must attain a
mark of at least 50% in the final summative assessment task. A student's final mark is normally the
sum of the marks obtained in all of the individual assessment items in the unit. Where a student
fails the unit solely because of failure to satisfy the hurdle requirement, a mark of 48 will be
returned for the unit.

Assessment tasks
Assessment task title:Mid-Semester Test
Due Date:Week 6
Weighting/Value:15%
Details of Task:The test will be conducted during the lecture session in Week 6. The location of
the test is the lecture theatre. Details of the test will be provided via Moodle.
Release date:NA
Word limit:NA
Presentation requirements:NA
Estimated return date:Marks will be available via Moodle in teaching week 7
Hurdle requirements:NA
Criteria for marking:Multiple Choice Test
Learning objectives assessed:This assessment task is designed to test your groups achievement
of learning objectives 1-7.
Submission details:NA
Penalties for late lodgement:NA
Assessment coversheet:NA
Additional information:Where an application for special consideration - http://www.monash.edu.au
/exams/assets/docs/in-semester.pdf- has been submitted to the Chief Examiner for consideration
no later thantwouniversity working daysafter the date of an in-semester test (weighted at more
than 10 per cent); and the application has been approved by the Chief Examiner, then the Chief
Examiner will set an equivalent make-up test, which the student would be required to take prior to
the examination period.
Students must not assume the outcome of an application for special consideration.

Assessment task title:Group assignment

Due Date:19 September by 5PM
Weighting/Value:15%
Details of Task:Assignment topic:
Assignment topic will be available in teaching week 1 via Moodle

Release date:NA
Word limit:3000 words (excludes footnotes, references and tables etc.).
Presentation requirements:Presentation Requirement: Business report format required.

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BFF5916 International banking - Semester 2 - 2016

Referencing requirements: Work submitted for assessment must be consistent with the guidelines
set down in the Q Manual, which is the faculty's student guide for producing quality work on time.
Copies of this manual can be purchased at the bookshop or accessed online at:http://www.buseco.
monash.edu.au/qmanual/qmanual.pdfMarks may be deducted where in-text citations and/or the
reference list is not consistent with the American Psychological Association (APA) style, which is
illustrated in the Q Manual.
Academic integrity:In order to ensure the academic integrity of your submission and to deter
others from copying your work, your submission may be processed by text matching software such
as Turnitin. For additional information, the University's Student Academic Integrity Policy can be
found at URL:http://www.policy.monash.edu/policy-bank/academic/education/conduct/studentacademic-integrity-policy.html

Estimated return date:Marked assignments will be given back in teaching week 11

Hurdle requirements:NA
Criteria for marking:Overall, the work submitted for assessment will be graded in accord with the
table showing examples of grades and corresponding achievement levels published in theQ
Manual(2012, p. 6).
Learning objectives assessed:This assessment task is designed to test your achievement of
learning objectives 5.
Submission details:One copy (printed on single side) of the assignment should be submitted via
the department assignment box at Level 3, Building H, Caulfield campus.
Penalties for late lodgement:A penalty of 1% of the total mark allocated to this assessment task
will be deducted for each day, or part thereof, it is late.
Applications for an extension of time allocated to an in- semester assessment task must be made
by completing the application form found at http://www.monash.edu.au/exams/assets/docs/insemester.pdfThe application form must be submitted to the Chief Examiner for consideration no
later than two university working days after the due date of the affected assessment or activity.
The outcome of an application for special consideration should not be assumed.
Assessment coversheet:Work submitted for assessment must be accompanied by a completed
and signed assignment coversheet, available athttp://www.buseco.monash.edu.au/student/forms
/assignment-cover-sheet-fbe.doc
Additional information:This is a group assignment and students are required from groups. The
maximum number for each group is 4.
The assignment report is to be typed and presented in business report format. This should include
in the following order:

a letter (or a memo) of transmittal (addressed to the tutor stating that the assignment report
is being submitted and also briefly describing in one or two sentences the significance of the
issue[s] addressed in the report),
an executive summary,
a table of contents,
appendices/bibliography.

Group formation and management: Details regarding the formation of groups will be available from
Moodle. It will be the responsibility of students to manage their own group.

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BFF5916 International banking - Semester 2 - 2016

Individual contribution: The group mark for this assignment becomes the individual mark for this
piece of assessment. No allowance or additional credit will be granted for individual efforts.
Notification and resolution of disputes: It is important to note that issues with the group, such as
uncooperative individuals or a failure to contribute, must be drawn to the attention of the Chief
Examiner well in advance of submission of group assignments.

Examination(s)
Title:Examination 1
Weighting:70%
Length:3 hours
Type (open/closed book):Closed book
Hurdle requirements (where applicable):There is a hurdle requirement for this unit. The learning
outcomes of this unit require you to demonstrate a comprehensive understanding of the topics
covered in the unit. Hence the hurdle requirement for this unit requires that you must attain a mark
of at least 50% in the final examination. If you fail the unit solely because of failure to satisfy the
hurdle requirement, a mark of 48 will be determined by the facultys Board of Examiners on the
recommendation of the units Chief Examiner.
Electronic devices allowed in the exam:The only calculator permitted in tests and examinations is
the HP10bII+.
Exam details:More details will be given during the semester.

Referencing requirements
To build your skills in citing and referencing, and using different referencing styles, see the online
tutorial Academic Integrity: Demystifying Citing and Referencing athttp://www.lib.monash.edu
/tutorials/citing/

Feedback
Our feedback to you
Types of feedback you can expect to receive in this unit are:

Formal individual feedback on assignments expressed as a letter grade

Answers to ask questions relating to the discipline or the units work
Advice about seeking additional help to develop your writing or research skills
Informal feedback relating to class activities

Your feedback to us

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BFF5916 International banking - Semester 2 - 2016

Your feedback to us
One of the formal ways students have to provide feedback on teaching and their learning
experience is through the Student Evaluation of Teaching and Units (SETU) survey. The feedback
is anonymous and provides the Faculty with evidence of aspects that students are satisfied with
and areas for improvement.
Previous student evaluations of this unit
In response to the last SETU of this unit, the following changes have been made:
If you wish to view how previous students rated this unit, please go to
https://emuapps.monash.edu.au/unitevaluations/index.jsp
If you wish to view how previous students rated this unit, please go to
https://emuapps.monash.edu.au/unitevaluations/index.jsp

Learning resources
Monash Library Unit Reading List (if applicable to the unit):
http://readinglists.lib.monash.edu/index.html

Required resources
Students generally must be able to complete the requirements of their course without the
imposition of fees that are additional to the student contribution amount or tuition fees. However,
students may be charged certain incidental fees or be expected to make certain purchases to
support their study. For more information about this, refer to the Higher Education Administrative
Information for Providers, Chapter 18, Incidental Fees athttp://education.gov.au/help-resourcesproviders
Virtual learning environment (VLE): Moodle
Material used in class together with other information of importance to you will be published online
viathe units Moodle site. In order to access information about this unit in Moodle you must be
enrolled inthe unit and have a valid student account with authcate username and password.
Moodle is accessedthrough https://my.monash.edu.au/ portal. When you log in to the portal you
access Moodle in the "home page" byclicking on the Moodle 2 link under "Online Systems".
Q Manual
Work submitted for assessment must be consistent with the guidelines set down in the Q Manual,
whichis the faculty's student guide for producing quality work on time. Copies of this manual can
be purchased at the bookshop or accessed online.
Calculators:
Students are allowed to use ONLY the Faculty approved calculator which is the HP10II+ which will
be supplied to all BusEco students.

Technological requirements
Virtual learning environment (VLE): Moodle
Material used in class together with other information of importance to you will be published online
viathe units Moodle site. In order to access information about this unit in Moodle you must be
enrolled inthe unit and have a valid student account with authcate username and password.
Moodle can be accessed through my.monash portal byclickingon the Moodle link under Online

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BFF5916 International banking - Semester 2 - 2016

Moodle can be accessed through my.monash portal byclickingon the Moodle link under Online
systems. If you need some helpwith Moodle then check out the Moodle Support for Students
page.

Q Manual
Work submitted for assessment must be consistent with the guidelines set down in the Q Manual,
which is the faculty's student guide for producing quality work on time. Copies of this manual can
be purchased at the bookshop or accessed online athttp://www.buseco.monash.edu.au/qmanual
/qmanual.pdf

Prescribed text and readings

Edirisuriya, P. (Ed), (2014).BFF5916 International banking and finance. McGraw-Hill
The prescribed text is avaibale from the University Bookshop.

Recommended resources
Recommended readings will be listed in lecture slides and on Moodle.

Other information
Policies
Monash has educational policies, procedures and guidelines, which are designed to ensure that
staff and students are aware of the University's academic standards, and to provide advice on how
they might uphold them. You can find Monash's Education Policies at:
http://www.policy.monash.edu/policy-bank/academic/education/index.html

Graduate Attributes Policy

http://www.policy.monash.edu/policy-bank/academic/education/management/monash-graduateattributes-policy.html

Student Charter
www.monash.edu/students/policies/student-charter.html

Student Services
The University provides many different kinds of services to help you gain the most from your

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BFF5916 International banking - Semester 2 - 2016

The University provides many different kinds of services to help you gain the most from your
studies.Contact your tutor if you need advice and see the range of services available atwww.
monash.edu/students
You can also access important information from the Faculty of Business and Economics current
students pagehttp://www.buseco.monash.edu.au/student/
Caulfield and Clayton students wishing to further develop English language skills in a fun group
environment can join a Conversational English Program. You can access these programs at
http://www.monash.edu/students/conversational-english/

Monash University Library

The Monash University Library provides a range of services, resources and programs that enable
you to save time and be more effective in your learning and research.
Go tohttp://www.monash.edu/libraryor the library tab inmy.monashportal for more information.

Disability Support Services

Students who have a disability, ongoing medical or mental health condition are welcome to contact
Disability Support Services.
Disability Support Services also support students who are carers of a person who is aged and frail
or has a disability, medical condition or mental health condition.
Disability Advisers visit all Victorian campuses on a regular basis.

Website:http://monash.edu/disability
Email:[email protected]

Copyright Monash University 2016. All rights reserved. Except as provided in the Copyright Act 1968, this work may
not be reproducedin any form without the written permission of the host Faculty and School/Department.

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BFF5916 International banking - Semester 2 - 2016