EFB201 Financial Markets
To view more information for this unit, select Unit Outline from the list below. Please note the teaching period for which the Unit Outline is relevant.
| Unit code: | EFB201 |
|---|---|
| Prerequisite(s): | 48 credit points of completed studies |
| Equivalent(s): | EFX201 |
| Credit points: | 12 |
| Timetable | Details in HiQ, if available |
| Availabilities |
|
| CSP student contribution | $2,174 |
| Pre-2021 CSP student contribution | $1,703 The pre-2021 commonwealth supported place (CSP) contribution amount only applies to students enrolled in a course prior to 2021. To learn more, visit our Understanding your fees page. |
| Domestic tuition unit fee | $3,456 |
| International unit fee | $5,640 |
Unit Outline: Semester 1 2026, Gardens Point, Internal
| Unit code: | EFB201 |
|---|---|
| Credit points: | 12 |
| Pre-requisite: | 48 credit points of completed studies. |
| Equivalent: | EFX201 |
| Coordinator: | Amy Zhang | xiqian.zhang@qut.edu.au |
Overview
This unit introduces you to key elements of global financial markets, and the role of financial markets as an integral part of the economy and society. Topics explored in this unit include products, key players, organization, structure, regulation, ethics of major financial market types. You will practice key skills of critical exploration and analysis in considering the role of finance theories and models to help understand key financial market events in broader social, economic and political contexts. You will continue to develop and apply these foundational insights and critical thinking skills in subsequent finance units.
Learning Outcomes
On successful completion of this unit you will be able to:
- Demonstrate and apply knowledge of domestic and international financial markets, products, institutions and regulatory authorities. [KS 1.1]Relates to: UG Business Capabilities: KS (1.1)
- Critically analyse theories and models of finance including the contributions, assumptions and limitations. [HO 2.1]Relates to: UG Business Capabilities: HO (2.1)
- Demonstrate written communication skills to effectively structure, present and explain critical analysis of finance theories, models and thinking. [PC 3.1]Relates to: UG Business Capabilities: PC (3.1)
- Critically analyse the social and ethical implications of financial theories and models. [SE 5.1, 5.2]
Content
This unit focuses on major areas of financial markets, including financial market theories, financial institutions, equity markets, fixed income markets, foreign exchange markets, derivatives markets, and ethical issues in financial markets. Discussion of those areas are from both Australian and international perspectives.
QUT Business Capabilities (Undergraduate)
The content and assessment in this unit are aligned to a selection of the following set of QUT Business Capabilities, also known as Assurance of Learning Goals (AoLs). Developing these capabilities will assist you to meet the desired graduate outcomes set at QUT and equip you with the knowledge and skills to succeed in your chosen career.
Knowledge and Technological Skills (KS)
1.1 Demonstrate and apply integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines
1.2 Apply technical and technological skills appropriate and effective for real world business purposes and contexts.
Higher Order Thinking (HO)
2.1 Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice
2.2 Exercise independent judgement and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Professional Communication (PC)
3.1 Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts
3.2 Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
Teamwork and Self (TS)
4.1 Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
4.2 Apply teamwork knowledge and skills for effective collaboration across diverse purposes and contexts
Social, Ethical and Global Understanding (SE)
5.1 Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues
5.2 Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Learning Approaches
This unit takes a critical approach to exploring financial theories and their relationship to real world events. Students will be introduced to diverse thinking and critical insights into financial market events and develop their own critical analysis skills drawing on texts, readings, online resources, guided discussions, interactive tutorials and practical exercises.
This unit has a formal class contact time in lectures and tutorials of approximately three hours. The lectures will present material relevant to the understanding of domestic and international financial markets. In addition, recent developments in the Australian and global financial markets will be reviewed. This material is to be examined in conjunction with the required reading for the topic. Lectures and text readings are to be viewed as complementary educational tools rather than substitutes with examinable material presented in either of these mediums or both.
Feedback on Learning and Assessment
Students will receive feedback in various forms throughout the semester which may include:
- Informal: worked examples, such as verbal feedback in class, personal consultation
- Formal: in writing, such as checklists (e.g. criteria sheets), written commentary
- Direct: to individual students, either in written form or in consultation
- Indirect: to the whole class
Assessment
Overview
General Assessment Information
The assessment in this unit aims to support your achievement of the unit learning outcomes and course assurance of learning goals. The assessment has been designed in order to allow you to:
- receive feedback on your learning as you progress toward the development of knowledge, understanding, skills and attitudes (formative assessment);
- demonstrate your learning in order to achieve a final grade (summative assessment).
Unit Grading Scheme
7- point scale
Assessment Tasks
Assessment: Mid Semester exam
Multiple choice exam. The questions will cover all unit materials from weeks 1 to 5.
The use of generative artificial intelligence (GenAI) tools is prohibited during this assessment.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.1)
Assessment: Report
You will analyse a financial case study and evaluate potential recommendations. You will apply concepts introduced throughout the unit to determine the optimal course of action. The recommendation should be presented clearly and concisely in a report for review by the company’s CEO.
The ethical and responsible use of generative artificial intelligence (GenAI) tools is authorised in this assessment. See the relevant assessment details in Canvas for specific guidelines.
This assignment is eligible for the 48-hour late submission period and assignment extensions.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.1), HO (2.1), PC (3.1)
Assessment: Final examination
Short answer questions. The questions will cover all unit materials from Weeks 1 to 12.
The use of generative artificial intelligence (GenAI) tools is prohibited during this assessment.
This invigilated examination requires attendance on campus or at an assessment centre, regardless of your attendance mode for the unit.
This assessment item is Verified Identity Assessment. Requirements are provided on the Unit Canvas site.
Business Capabilities (AoL goals): KS (1.1), HO (2.1), SE (5.1, 5.2)
Academic Integrity
Academic integrity is a commitment to undertaking academic work and assessment in a manner that is ethical, fair, honest, respectful and accountable.
The Academic Integrity Policy sets out the range of conduct that can be a failure to maintain the standards of academic integrity. This includes, cheating in exams, plagiarism, self-plagiarism, collusion and contract cheating. It also includes providing fraudulent or altered documentation in support of an academic concession application, for example an assignment extension or a deferred exam.
You are encouraged to make use of QUT’s learning support services, resources and tools to assure the academic integrity of your assessment. This includes the use of text matching software that may be available to assist with self-assessing your academic integrity as part of the assessment submission process.
Breaching QUT’s Academic Integrity Policy or engaging in conduct that may defeat or compromise the purpose of assessment can lead to a finding of student misconduct (Code of Conduct – Student) and result in the imposition of penalties under the Management of Student Misconduct Policy, ranging from a grade reduction to exclusion from QUT.
Resources
Resource Materials
Prescribed text(s)
Kidwell, Brimble, Lenten, Docherty, Mazzola and Basu. (2019). Financial Markets, Institutions and Money (4th Ed). Wiley.
Other
CFA Institute. (2014). Standards of practice handbook (11th ed.). Charlottesville, Virginia: CFA Institute.
http://www.cfapubs.org/doi/pdf/10.2469/ccb.v2014.n4.1
Additional references and resources, including lecture overheads, additional notes, weekly reading, assignments can be found at the unit's Canvas site
Risk Assessment Statement
There are no out-of-the-ordinary risks associated with learning and teaching activities in this unit.
Standards/Competencies
This unit is designed to support your development of the following standards\competencies.
QUT Business Capabilities (Undergraduate)
HO (2.1): Critical Analysis
Relates to: ULO2, Report, Final examination
KS (1.1): Discipline Knowledge
Relates to: ULO1, Mid Semester exam, Report, Final examination
PC (3.1): Professional Communication (Written)
SE (5.1): Ethical and Legal Understanding
Relates to: ULO4, Final examination
SE (5.2): Global Social Responsibility
Relates to: ULO4, Final examination
Course Learning Outcomes
This unit is designed to support your development of the following course/study area learning outcomes.BS05 Bachelor of Business
- Demonstrate and apply integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines.
Relates to: ULO1, Mid Semester exam, Report, Final examination - Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Relates to: ULO4, Final examination - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO2, Report, Final examination - Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
Relates to: ULO3, Report - Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues.
Relates to: ULO4, Final examination
BS06 Bachelor of Business
- Demonstrate and apply integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines.
Relates to: ULO1, Mid Semester exam, Report, Final examination - Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Relates to: ULO4, Final examination - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO2, Report, Final examination - Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
Relates to: ULO3, Report - Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues.
Relates to: ULO4, Final examination
BS08 Bachelor of Business - International
- Demonstrate and apply integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines.
Relates to: ULO1, Mid Semester exam, Report, Final examination - Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Relates to: ULO4, Final examination - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO2, Report, Final examination - Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
Relates to: ULO3, Report - Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues.
Relates to: ULO4, Final examination
UD01 Bachelor of Urban Development (Honours)
- Apply general theoretical knowledge and technical skills across a wide range of disciplines within the built environment context and advanced knowledge and technical skills in a one major discipline area
Relates to: ULO1, Mid Semester exam, Report, Final examination - Think critically and innovatively, applying data analysis, design thinking, and strategic planning to solve problems, improve efficiency, manage change and implement innovative processes; apply human centered and critical perspectives to evaluate projects, designs and innovations
Relates to: ULO2, Report, Final examination - Demonstrate coherent communication of knowledge, ideas and creative solutions in a diverse range of contexts and audiences
Relates to: ULO3 - Plan, develop and complete a research project using suitable research design, research methods, design thinking and digital skills and present findings and recommendations
Relates to: Report - Collaborate strategically in professional contexts with diverse stakeholders to build and maintain positive working relationships and achieve shared goals
Relates to: ULO4 - Adapt to social, economical, technological and environmental challenges, reflect on feedback and experience, and display professional and ethical judgment and initiative
Relates to: Final examination
UD05 Bachelor of Property Economics
- Identify theoretical and technical knowledge of economic, legal, social, cultural, global, physical, technological and sustainable contexts required to value, manage and develop property assets and investment portfolios
Relates to: Mid Semester exam, Report, Final examination - Apply theoretical and technical knowledge and skills, methods, calculations, property technologies, and sustainability strategies to evaluate the feasibility of property development opportunities, to identify finance options for property investments, and to enhance the performance of assets or investment portfolios
Relates to: Report, Final examination - Collect and analyse data using industry-standard proprietary software and strategies to evaluate financial and property market trends to inform current and future property decisions.
Relates to: Report - Communicate and negotiate with diverse, real-world audiences
Relates to: Final examination
Unit Outline: Semester 1 2026, Online
| Unit code: | EFB201 |
|---|---|
| Credit points: | 12 |
| Pre-requisite: | 48 credit points of completed studies. |
| Equivalent: | EFX201 |
Overview
This unit introduces you to key elements of global financial markets, and the role of financial markets as an integral part of the economy and society. Topics explored in this unit include products, key players, organization, structure, regulation, ethics of major financial market types. You will practice key skills of critical exploration and analysis in considering the role of finance theories and models to help understand key financial market events in broader social, economic and political contexts. You will continue to develop and apply these foundational insights and critical thinking skills in subsequent finance units.
Learning Outcomes
On successful completion of this unit you will be able to:
- Demonstrate and apply knowledge of domestic and international financial markets, products, institutions and regulatory authorities. [KS 1.1]Relates to: UG Business Capabilities: KS (1.1)
- Critically analyse theories and models of finance including the contributions, assumptions and limitations. [HO 2.1]Relates to: UG Business Capabilities: HO (2.1)
- Demonstrate written communication skills to effectively structure, present and explain critical analysis of finance theories, models and thinking. [PC 3.1]Relates to: UG Business Capabilities: PC (3.1)
- Critically analyse the social and ethical implications of financial theories and models. [SE 5.1, 5.2]
Content
This unit focuses on major areas of financial markets, including financial market theories, financial institutions, equity markets, fixed income markets, foreign exchange markets, derivatives markets, and ethical issues in financial markets. Discussion of those areas are from both Australian and international perspectives.
QUT Business Capabilities (Undergraduate)
The content and assessment in this unit are aligned to a selection of the following set of QUT Business Capabilities, also known as Assurance of Learning Goals (AoLs). Developing these capabilities will assist you to meet the desired graduate outcomes set at QUT and equip you with the knowledge and skills to succeed in your chosen career.
Knowledge and Technological Skills (KS)
1.1 Demonstrate and apply integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines
1.2 Apply technical and technological skills appropriate and effective for real world business purposes and contexts.
Higher Order Thinking (HO)
2.1 Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice
2.2 Exercise independent judgement and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Professional Communication (PC)
3.1 Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts
3.2 Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
Teamwork and Self (TS)
4.1 Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
4.2 Apply teamwork knowledge and skills for effective collaboration across diverse purposes and contexts
Social, Ethical and Global Understanding (SE)
5.1 Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues
5.2 Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Learning Approaches
This unit takes a critical approach to exploring financial theories and their relationship to real world events. Students will be introduced to diverse thinking and critical insights into financial market events and develop their own critical analysis skills drawing on texts, readings, online resources, guided discussions, interactive tutorials and practical exercises.
This unit has a formal class contact time in lectures and tutorials of approximately three hours. The lectures will present material relevant to the understanding of domestic and international financial markets. In addition, recent developments in the Australian and global financial markets will be reviewed. This material is to be examined in conjunction with the required reading for the topic. Lectures and text readings are to be viewed as complementary educational tools rather than substitutes with examinable material presented in either of these mediums or both.
Feedback on Learning and Assessment
Students will receive feedback in various forms throughout the semester which may include:
- Informal: worked examples, such as verbal feedback in class, personal consultation
- Formal: in writing, such as checklists (e.g. criteria sheets), written commentary
- Direct: to individual students, either in written form or in consultation
- Indirect: to the whole class
Assessment
Overview
General Assessment Information
The assessment in this unit aims to support your achievement of the unit learning outcomes and course assurance of learning goals. The assessment has been designed in order to allow you to:
- receive feedback on your learning as you progress toward the development of knowledge, understanding, skills and attitudes (formative assessment);
- demonstrate your learning in order to achieve a final grade (summative assessment).
Unit Grading Scheme
7- point scale
Assessment Tasks
Assessment: Mid Semester exam
Multiple choice exam. The questions will cover all unit materials from weeks 1 to 5.
The use of generative artificial intelligence (GenAI) tools is prohibited during this assessment.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.1)
Assessment: Report
You will analyse a financial case study and evaluate potential recommendations. You will apply concepts introduced throughout the unit to determine the optimal course of action. The recommendation should be presented clearly and concisely in a report for review by the company’s CEO.
The ethical and responsible use of generative artificial intelligence (GenAI) tools is authorised in this assessment. See the relevant assessment details in Canvas for specific guidelines.
This assignment is eligible for the 48-hour late submission period and assignment extensions.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.1), HO (2.1), PC (3.1)
Assessment: Final examination
Short answer questions. The questions will cover all unit materials from Weeks 1 to 12.
The use of generative artificial intelligence (GenAI) tools is prohibited during this assessment.
This invigilated examination requires attendance on campus or at an assessment centre, regardless of your attendance mode for the unit.
This assessment item is Verified Identity Assessment. Requirements are provided on the Unit Canvas site.
Business Capabilities (AoL goals): KS (1.1), HO (2.1), SE (5.1, 5.2)
Academic Integrity
Academic integrity is a commitment to undertaking academic work and assessment in a manner that is ethical, fair, honest, respectful and accountable.
The Academic Integrity Policy sets out the range of conduct that can be a failure to maintain the standards of academic integrity. This includes, cheating in exams, plagiarism, self-plagiarism, collusion and contract cheating. It also includes providing fraudulent or altered documentation in support of an academic concession application, for example an assignment extension or a deferred exam.
You are encouraged to make use of QUT’s learning support services, resources and tools to assure the academic integrity of your assessment. This includes the use of text matching software that may be available to assist with self-assessing your academic integrity as part of the assessment submission process.
Breaching QUT’s Academic Integrity Policy or engaging in conduct that may defeat or compromise the purpose of assessment can lead to a finding of student misconduct (Code of Conduct – Student) and result in the imposition of penalties under the Management of Student Misconduct Policy, ranging from a grade reduction to exclusion from QUT.
Resources
Resource Materials
Prescribed text(s)
Kidwell, Brimble, Lenten, Docherty, Mazzola and Basu. (2019). Financial Markets, Institutions and Money (4th Ed). Wiley.
Other
CFA Institute. (2014). Standards of practice handbook (11th ed.). Charlottesville, Virginia: CFA Institute.
http://www.cfapubs.org/doi/pdf/10.2469/ccb.v2014.n4.1
Additional references and resources, including lecture overheads, additional notes, weekly reading, assignments can be found at the unit's Canvas site
Risk Assessment Statement
There are no out-of-the-ordinary risks associated with learning and teaching activities in this unit.
Standards/Competencies
This unit is designed to support your development of the following standards\competencies.
QUT Business Capabilities (Undergraduate)
HO (2.1): Critical Analysis
Relates to: ULO2, Report, Final examination
KS (1.1): Discipline Knowledge
Relates to: ULO1, Mid Semester exam, Report, Final examination
PC (3.1): Professional Communication (Written)
SE (5.1): Ethical and Legal Understanding
Relates to: ULO4, Final examination
SE (5.2): Global Social Responsibility
Relates to: ULO4, Final examination
Course Learning Outcomes
This unit is designed to support your development of the following course/study area learning outcomes.BS05 Bachelor of Business
- Demonstrate and apply integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines.
Relates to: ULO1, Mid Semester exam, Report, Final examination - Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Relates to: ULO4, Final examination - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO2, Report, Final examination - Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
Relates to: ULO3, Report - Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues.
Relates to: ULO4, Final examination
BS06 Bachelor of Business
- Demonstrate and apply integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines.
Relates to: ULO1, Mid Semester exam, Report, Final examination - Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Relates to: ULO4, Final examination - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO2, Report, Final examination - Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
Relates to: ULO3, Report - Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues.
Relates to: ULO4, Final examination
BS08 Bachelor of Business - International
- Demonstrate and apply integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines.
Relates to: ULO1, Mid Semester exam, Report, Final examination - Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Relates to: ULO4, Final examination - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO2, Report, Final examination - Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
Relates to: ULO3, Report - Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues.
Relates to: ULO4, Final examination
UD01 Bachelor of Urban Development (Honours)
- Apply general theoretical knowledge and technical skills across a wide range of disciplines within the built environment context and advanced knowledge and technical skills in a one major discipline area
Relates to: ULO1, Mid Semester exam, Report, Final examination - Think critically and innovatively, applying data analysis, design thinking, and strategic planning to solve problems, improve efficiency, manage change and implement innovative processes; apply human centered and critical perspectives to evaluate projects, designs and innovations
Relates to: ULO2, Report, Final examination - Demonstrate coherent communication of knowledge, ideas and creative solutions in a diverse range of contexts and audiences
Relates to: ULO3 - Plan, develop and complete a research project using suitable research design, research methods, design thinking and digital skills and present findings and recommendations
Relates to: Report - Collaborate strategically in professional contexts with diverse stakeholders to build and maintain positive working relationships and achieve shared goals
Relates to: ULO4 - Adapt to social, economical, technological and environmental challenges, reflect on feedback and experience, and display professional and ethical judgment and initiative
Relates to: Final examination
UD05 Bachelor of Property Economics
- Identify theoretical and technical knowledge of economic, legal, social, cultural, global, physical, technological and sustainable contexts required to value, manage and develop property assets and investment portfolios
Relates to: Mid Semester exam, Report, Final examination - Apply theoretical and technical knowledge and skills, methods, calculations, property technologies, and sustainability strategies to evaluate the feasibility of property development opportunities, to identify finance options for property investments, and to enhance the performance of assets or investment portfolios
Relates to: Report, Final examination - Collect and analyse data using industry-standard proprietary software and strategies to evaluate financial and property market trends to inform current and future property decisions.
Relates to: Report - Communicate and negotiate with diverse, real-world audiences
Relates to: Final examination
Unit Outline: Semester 2 2026, Gardens Point, Internal
| Unit code: | EFB201 |
|---|---|
| Credit points: | 12 |
| Pre-requisite: | 48 credit points of completed studies. |
| Equivalent: | EFX201 |
| Coordinator: | Amy Zhang | xiqian.zhang@qut.edu.au |
Overview
This unit introduces you to key elements of global financial markets - including fixed income, equity, derivatives, and foreign exchange - and the products, participants, and practices that shape them. You will explore these markets from the perspective of an investor, learning how to evaluate financial products, assess risks, and make informed decisions across Australian and international context.
A key emphasis of this unit is applying what you learn: you will practise navigating financial markets in simulated real-world scenarios, engage with technologies transforming financial markets, such as AI-powered robo-advisers, and examine the ethical responsibilities of financial professionals. These foundational insights and skills prepare you for subsequent finance units and real-world practice.
Learning Outcomes
On successful completion of this unit you will be able to:
- Demonstrate and apply knowledge of domestic and international financial markets, products, institutions and regulatory authorities. [KS 1.1]Relates to: UG Business Capabilities: KS (1.1)
- Critically analyse theories and models of finance including the contributions, assumptions and limitations. [HO 2.1]Relates to: UG Business Capabilities: HO (2.1)
- Demonstrate written communication skills to effectively structure, present and explain critical analysis of finance theories, models and thinking. [PC 3.1]Relates to: UG Business Capabilities: PC (3.1)
- Critically analyse the social and ethical implications of financial theories and models. [SE 5.1, 5.2]
Content
This unit covers major financial market types - fixed income, equity, derivatives, and foreign-exchange - alongside cross-cutting topics including market efficiency, behavioural biases, and the roles and ethical responsibilities of financial professionals. These topics are discussed from both Australian and international perspectives.
QUT Business Capabilities (Undergraduate)
The content and assessment in this unit are aligned to a selection of the following set of QUT Business Capabilities, also known as Assurance of Learning Goals (AoLs). Developing these capabilities will assist you to meet the desired graduate outcomes set at QUT and equip you with the knowledge and skills to succeed in your chosen career.
Knowledge and Technological Skills (KS)
1.1 Demonstrate and apply integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines
1.2 Apply technical and technological skills appropriate and effective for real world business purposes and contexts.
Higher Order Thinking (HO)
2.1 Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice
2.2 Exercise independent judgement and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Professional Communication (PC)
3.1 Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts
3.2 Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
Teamwork and Self (TS)
4.1 Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
4.2 Apply teamwork knowledge and skills for effective collaboration across diverse purposes and contexts
Social, Ethical and Global Understanding (SE)
5.1 Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues
5.2 Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Learning Approaches
This unit takes a critical approach to exploring financial markets and their relationship to real-world events. You will develop your own critical analysis skills through lectures, readings, and interactive tutorials.
Lectures introduce key concepts and connect them to current developments in Australian and global financial markets. Tutorials provide opportunities to apply these concepts through guided discussions and practical exercises. Lectures and readings are complementary, and examinable material may be drawn from either or both.
Resources such as slides for each lecture topic and references of required readings are provided on the unit's Canvas site. Important announcements in relation to the unit are also made available here. You will need your student number and password to access the Canvas site.
Feedback on Learning and Assessment
Students will receive feedback in various forms throughout the semester which may include:
- Informal: worked examples, such as verbal feedback in class, personal consultation
- Formal: in writing, such as checklists (e.g. criteria sheets), written commentary
- Direct: to individual students, either in written form or in consultation
- Indirect: to the whole class
Assessment
Overview
General Assessment Information
The assessment in this unit aims to support your achievement of the unit learning outcomes and course assurance of learning goals. The assessment has been designed in order to allow you to:
- receive feedback on your learning as you progress toward the development of knowledge, understanding, skills and attitudes (formative assessment);
- demonstrate your learning in order to achieve a final grade (summative assessment).
Unit Grading Scheme
7- point scale
Assessment Tasks
Assessment: Project
You will be assigned roles in a simulated real-world finance scenario, in which you apply concepts introduced throughout the unit to determine the optimal course of action. You will then write a clear and concise project report on your reasoning process.
This assignment is eligible for the 48-hour late submission period and assignment extensions.
The ethical and responsible use of generative artificial intelligence (GenAI) tools is authorised in this assessment. See the relevant assessment details in Canvas for specific guidelines.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.1), HO (2.1), PC (3.1)
Assessment: Final examination
Short answer questions. The questions will cover all topic modules.
The use of generative artificial intelligence (GenAI) tools is prohibited during this assessment.
This invigilated examination requires attendance on campus or at an assessment center, regardless of your attendance mode for the unit.
This assessment item is Verified Identity Assessment. Requirements are provided on the Unit Canvas site.
Business Capabilities (AoL goals): KS (1.1), HO (2.1), SE (5.1, 5.2)
Academic Integrity
Academic integrity is a commitment to undertaking academic work and assessment in a manner that is ethical, fair, honest, respectful and accountable.
The Academic Integrity Policy sets out the range of conduct that can be a failure to maintain the standards of academic integrity. This includes, cheating in exams, plagiarism, self-plagiarism, collusion and contract cheating. It also includes providing fraudulent or altered documentation in support of an academic concession application, for example an assignment extension or a deferred exam.
You are encouraged to make use of QUT’s learning support services, resources and tools to assure the academic integrity of your assessment. This includes the use of text matching software that may be available to assist with self-assessing your academic integrity as part of the assessment submission process.
Breaching QUT’s Academic Integrity Policy or engaging in conduct that may defeat or compromise the purpose of assessment can lead to a finding of student misconduct (Code of Conduct – Student) and result in the imposition of penalties under the Management of Student Misconduct Policy, ranging from a grade reduction to exclusion from QUT.
Resources
Resource Materials
Other
CFA Institute. CFA Program Curriculum Level I Box Set. John Wiley & Sons, Incorporated.
CFA Institute. CFA Program Curriculum Level II Box Set. John Wiley & Sons, Incorporated.
CFA Institute. CFA Program Curriculum Level III Private Wealth Pathway Box Set. John Wiley & Sons, Incorporated.
CFA Institute. CFA Program Curriculum Level III Private Markets Pathway Box Set. John Wiley & Sons, Incorporated.
See further details in Canvas on how to access them at the QUT Library.
Risk Assessment Statement
There are no out-of-the-ordinary risks associated with learning and teaching activities in this unit.
Standards/Competencies
This unit is designed to support your development of the following standards\competencies.
QUT Business Capabilities (Undergraduate)
HO (2.1): Critical Analysis
Relates to: ULO2, Project, Final examination
KS (1.1): Discipline Knowledge
Relates to: ULO1, Project, Final examination
PC (3.1): Professional Communication (Written)
SE (5.1): Ethical and Legal Understanding
Relates to: ULO4, Final examination
SE (5.2): Global Social Responsibility
Relates to: ULO4, Final examination
Course Learning Outcomes
This unit is designed to support your development of the following course/study area learning outcomes.BS05 Bachelor of Business
- Demonstrate and apply integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines.
Relates to: ULO1, Project, Final examination - Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Relates to: Final examination - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO2, Project, Final examination - Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
Relates to: ULO3, Project - Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues.
Relates to: Final examination
BS06 Bachelor of Business
- Demonstrate and apply integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines.
Relates to: ULO1, Project, Final examination - Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Relates to: ULO4, Final examination - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO2, Project, Final examination - Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
Relates to: ULO3, Project - Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues.
Relates to: ULO4, Final examination
BS08 Bachelor of Business - International
- Demonstrate and apply integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines.
Relates to: ULO1, Project, Final examination - Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Relates to: ULO4, Final examination - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO2, Project, Final examination - Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
Relates to: ULO3, Project - Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues.
Relates to: ULO4, Final examination
UD01 Bachelor of Urban Development (Honours)
- Apply general theoretical knowledge and technical skills across a wide range of disciplines within the built environment context and advanced knowledge and technical skills in a one major discipline area
Relates to: ULO1, Project, Final examination - Think critically and innovatively, applying data analysis, design thinking, and strategic planning to solve problems, improve efficiency, manage change and implement innovative processes; apply human centered and critical perspectives to evaluate projects, designs and innovations
Relates to: ULO2, Project, Final examination - Demonstrate coherent communication of knowledge, ideas and creative solutions in a diverse range of contexts and audiences
Relates to: ULO3 - Plan, develop and complete a research project using suitable research design, research methods, design thinking and digital skills and present findings and recommendations
Relates to: Project - Collaborate strategically in professional contexts with diverse stakeholders to build and maintain positive working relationships and achieve shared goals
Relates to: ULO4 - Adapt to social, economical, technological and environmental challenges, reflect on feedback and experience, and display professional and ethical judgment and initiative
Relates to: Final examination
UD05 Bachelor of Property Economics
- Identify theoretical and technical knowledge of economic, legal, social, cultural, global, physical, technological and sustainable contexts required to value, manage and develop property assets and investment portfolios
Relates to: Project, Final examination - Apply theoretical and technical knowledge and skills, methods, calculations, property technologies, and sustainability strategies to evaluate the feasibility of property development opportunities, to identify finance options for property investments, and to enhance the performance of assets or investment portfolios
Relates to: Project, Final examination - Collect and analyse data using industry-standard proprietary software and strategies to evaluate financial and property market trends to inform current and future property decisions.
Relates to: Project - Communicate and negotiate with diverse, real-world audiences
Relates to: Final examination
Unit Outline: Semester 2 2026, Online
| Unit code: | EFB201 |
|---|---|
| Credit points: | 12 |
| Pre-requisite: | 48 credit points of completed studies. |
| Equivalent: | EFX201 |
Overview
This unit introduces you to key elements of global financial markets - including fixed income, equity, derivatives, and foreign exchange - and the products, participants, and practices that shape them. You will explore these markets from the perspective of an investor, learning how to evaluate financial products, assess risks, and make informed decisions across Australian and international context.
A key emphasis of this unit is applying what you learn: you will practise navigating financial markets in simulated real-world scenarios, engage with technologies transforming financial markets, such as AI-powered robo-advisers, and examine the ethical responsibilities of financial professionals. These foundational insights and skills prepare you for subsequent finance units and real-world practice.
Learning Outcomes
On successful completion of this unit you will be able to:
- Demonstrate and apply knowledge of domestic and international financial markets, products, institutions and regulatory authorities. [KS 1.1]Relates to: UG Business Capabilities: KS (1.1)
- Critically analyse theories and models of finance including the contributions, assumptions and limitations. [HO 2.1]Relates to: UG Business Capabilities: HO (2.1)
- Demonstrate written communication skills to effectively structure, present and explain critical analysis of finance theories, models and thinking. [PC 3.1]Relates to: UG Business Capabilities: PC (3.1)
- Critically analyse the social and ethical implications of financial theories and models. [SE 5.1, 5.2]
Content
This unit covers major financial market types - fixed income, equity, derivatives, and foreign-exchange - alongside cross-cutting topics including market efficiency, behavioural biases, and the roles and ethical responsibilities of financial professionals. These topics are discussed from both Australian and international perspectives.
QUT Business Capabilities (Undergraduate)
The content and assessment in this unit are aligned to a selection of the following set of QUT Business Capabilities, also known as Assurance of Learning Goals (AoLs). Developing these capabilities will assist you to meet the desired graduate outcomes set at QUT and equip you with the knowledge and skills to succeed in your chosen career.
Knowledge and Technological Skills (KS)
1.1 Demonstrate and apply integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines
1.2 Apply technical and technological skills appropriate and effective for real world business purposes and contexts.
Higher Order Thinking (HO)
2.1 Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice
2.2 Exercise independent judgement and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Professional Communication (PC)
3.1 Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts
3.2 Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
Teamwork and Self (TS)
4.1 Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
4.2 Apply teamwork knowledge and skills for effective collaboration across diverse purposes and contexts
Social, Ethical and Global Understanding (SE)
5.1 Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues
5.2 Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Learning Approaches
This unit takes a critical approach to exploring financial markets and their relationship to real-world events. You will develop your own critical analysis skills through lectures, readings, and interactive tutorials.
Lectures introduce key concepts and connect them to current developments in Australian and global financial markets. Tutorials provide opportunities to apply these concepts through guided discussions and practical exercises. Lectures and readings are complementary, and examinable material may be drawn from either or both.
Resources such as slides for each lecture topic and references of required readings are provided on the unit's Canvas site. Important announcements in relation to the unit are also made available here. You will need your student number and password to access the Canvas site.
Feedback on Learning and Assessment
Students will receive feedback in various forms throughout the semester which may include:
- Informal: worked examples, such as verbal feedback in class, personal consultation
- Formal: in writing, such as checklists (e.g. criteria sheets), written commentary
- Direct: to individual students, either in written form or in consultation
- Indirect: to the whole class
Assessment
Overview
General Assessment Information
The assessment in this unit aims to support your achievement of the unit learning outcomes and course assurance of learning goals. The assessment has been designed in order to allow you to:
- receive feedback on your learning as you progress toward the development of knowledge, understanding, skills and attitudes (formative assessment);
- demonstrate your learning in order to achieve a final grade (summative assessment).
Unit Grading Scheme
7- point scale
Assessment Tasks
Assessment: Project
You will be assigned roles in a simulated real-world finance scenario, in which you apply concepts introduced throughout the unit to determine the optimal course of action. You will then write a clear and concise project report on your reasoning process.
This assignment is eligible for the 48-hour late submission period and assignment extensions.
The ethical and responsible use of generative artificial intelligence (GenAI) tools is authorised in this assessment. See the relevant assessment details in Canvas for specific guidelines.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.1), HO (2.1), PC (3.1)
Assessment: Final examination
Short answer questions. The questions will cover all topic modules.
The use of generative artificial intelligence (GenAI) tools is prohibited during this assessment.
This invigilated examination requires attendance on campus or at an assessment center, regardless of your attendance mode for the unit.
This assessment item is Verified Identity Assessment. Requirements are provided on the Unit Canvas site.
Business Capabilities (AoL goals): KS (1.1), HO (2.1), SE (5.1, 5.2)
Academic Integrity
Academic integrity is a commitment to undertaking academic work and assessment in a manner that is ethical, fair, honest, respectful and accountable.
The Academic Integrity Policy sets out the range of conduct that can be a failure to maintain the standards of academic integrity. This includes, cheating in exams, plagiarism, self-plagiarism, collusion and contract cheating. It also includes providing fraudulent or altered documentation in support of an academic concession application, for example an assignment extension or a deferred exam.
You are encouraged to make use of QUT’s learning support services, resources and tools to assure the academic integrity of your assessment. This includes the use of text matching software that may be available to assist with self-assessing your academic integrity as part of the assessment submission process.
Breaching QUT’s Academic Integrity Policy or engaging in conduct that may defeat or compromise the purpose of assessment can lead to a finding of student misconduct (Code of Conduct – Student) and result in the imposition of penalties under the Management of Student Misconduct Policy, ranging from a grade reduction to exclusion from QUT.
Resources
Resource Materials
Other
CFA Institute. CFA Program Curriculum Level I Box Set. John Wiley & Sons, Incorporated.
CFA Institute. CFA Program Curriculum Level II Box Set. John Wiley & Sons, Incorporated.
CFA Institute. CFA Program Curriculum Level III Private Wealth Pathway Box Set. John Wiley & Sons, Incorporated.
CFA Institute. CFA Program Curriculum Level III Private Markets Pathway Box Set. John Wiley & Sons, Incorporated.
See further details in Canvas on how to access them at the QUT Library.
Risk Assessment Statement
There are no out-of-the-ordinary risks associated with learning and teaching activities in this unit.
Standards/Competencies
This unit is designed to support your development of the following standards\competencies.
QUT Business Capabilities (Undergraduate)
HO (2.1): Critical Analysis
Relates to: ULO2, Project, Final examination
KS (1.1): Discipline Knowledge
Relates to: ULO1, Project, Final examination
PC (3.1): Professional Communication (Written)
SE (5.1): Ethical and Legal Understanding
Relates to: ULO4, Final examination
SE (5.2): Global Social Responsibility
Relates to: ULO4, Final examination
Course Learning Outcomes
This unit is designed to support your development of the following course/study area learning outcomes.BS05 Bachelor of Business
- Demonstrate and apply integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines.
Relates to: ULO1, Project, Final examination - Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Relates to: Final examination - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO2, Project, Final examination - Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
Relates to: ULO3, Project - Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues.
Relates to: Final examination
BS06 Bachelor of Business
- Demonstrate and apply integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines.
Relates to: ULO1, Project, Final examination - Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Relates to: ULO4, Final examination - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO2, Project, Final examination - Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
Relates to: ULO3, Project - Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues.
Relates to: ULO4, Final examination
BS08 Bachelor of Business - International
- Demonstrate and apply integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines.
Relates to: ULO1, Project, Final examination - Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Relates to: ULO4, Final examination - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO2, Project, Final examination - Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
Relates to: ULO3, Project - Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues.
Relates to: ULO4, Final examination
UD01 Bachelor of Urban Development (Honours)
- Apply general theoretical knowledge and technical skills across a wide range of disciplines within the built environment context and advanced knowledge and technical skills in a one major discipline area
Relates to: ULO1, Project, Final examination - Think critically and innovatively, applying data analysis, design thinking, and strategic planning to solve problems, improve efficiency, manage change and implement innovative processes; apply human centered and critical perspectives to evaluate projects, designs and innovations
Relates to: ULO2, Project, Final examination - Demonstrate coherent communication of knowledge, ideas and creative solutions in a diverse range of contexts and audiences
Relates to: ULO3 - Plan, develop and complete a research project using suitable research design, research methods, design thinking and digital skills and present findings and recommendations
Relates to: Project - Collaborate strategically in professional contexts with diverse stakeholders to build and maintain positive working relationships and achieve shared goals
Relates to: ULO4 - Adapt to social, economical, technological and environmental challenges, reflect on feedback and experience, and display professional and ethical judgment and initiative
Relates to: Final examination
UD05 Bachelor of Property Economics
- Identify theoretical and technical knowledge of economic, legal, social, cultural, global, physical, technological and sustainable contexts required to value, manage and develop property assets and investment portfolios
Relates to: Project, Final examination - Apply theoretical and technical knowledge and skills, methods, calculations, property technologies, and sustainability strategies to evaluate the feasibility of property development opportunities, to identify finance options for property investments, and to enhance the performance of assets or investment portfolios
Relates to: Project, Final examination - Collect and analyse data using industry-standard proprietary software and strategies to evaluate financial and property market trends to inform current and future property decisions.
Relates to: Project - Communicate and negotiate with diverse, real-world audiences
Relates to: Final examination