International Currency and Banking Markets
Undergraduate
USA-BANK3020 2025Course information for 2025 intake
Enrol today with instant approval and no entry requirements
- Study method
- 100% online
- Assessments
- 100% online
- Enrol by
- 14 Sept 2025
- Entry requirements
- No ATAR needed, No prior study
- Duration
- 10 weeks
- Start dates
- 22 Sept 2025
- Price from
- $2,300
- Upfront cost
- $0
- Loan available
- HECS-HELP and FEE-HELP available
International Currency and Banking Markets
About this subject
During this subject students will:
- Discuss the nature and role of the major international financial institutions and financial markets, their operation and their impact on Australia's financial system and institutions.
- Describe the impact of the similarities and differences between the financial systems of the world's major economies on both their operation and recent performance.
- Interpret and use information on spot and forward exchange rates, interest rates and the financial instruments linked to these variables.
- Demonstrate an understanding of the parity relationships linking spot and forward exchange rates to nationally and globally established interest rates and price levels.
- Explain the use of foreign borrowings as an alternative source of capital to domestic loans.
- Identify the sources and importance of the foreign exchange risks faced by internationally oriented firms; and recommend methods and financial instrument including financial derivatives, to manage the risks.
- Demonstrate UniSA Business Enterprise Skills: i) Problem Solving (advanced level); and ii) International Perspective (advanced level).
- TBA
You will be introduced to the financial markets relevant to the conduct of international financial transactions, and to the financial systems of the world’s major economies.
You will discover the international financial environment, markets and instruments of international finance; types and characteristics of the key financial markets affecting foreign exchange transactions; the spot, forward, eurocurrency and eurobond markets; the macroeconomic risk environment facing the firm; the impact of economic policy decisions on key international financial variables; the parity conditions; models of the exchange rate; the identification, measurement and management of international financial risk at the level of the individual enterprise; the distinction between risk management and speculation in international finance; the use of forwards, futures, options, swaps and other derivatives in the risk management process; the foreign investment and financing decision.
UniSA Online’s 10-week short courses give you the flexibility to upskill in a certain area, stay current with developments in your field, diversify your knowledge, or even explore a new direction in your career – without having to commit to the time and cost of a full university degree.
This is a third-year course from UniSA Online’s Bachelor of Business (Economics, Finance and Trade)degree. When studying this course as a "single subject", prior knowledge from ECON 1011 or equivalent will support your success.
Delivered 100% online, you’ll be able to study where and when it suits you. Access online academic and student support seven days a week, fit study around work and life commitments, view learning resources 24/7, and log in to the interactive online environment anywhere, any time and on any device.
Should your course have an exam it will be scheduled for Australian Central Standard Time or Australian Central Daylight Time, depending on the time of the year.
- Written (Case Study x 3) (60%)
- Written Problem Solving Exercise (40%)
For textbook details check your university's handbook, website or learning management system (LMS).
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Entry requirements
No entry requirements
Additional requirements
- Other requirements - Students must be aged 17 or older by the time teaching commences for their course of study, in accordance with UniSA’s Selection and entry to programs policy.
Study load
- 0.125 EFTSL
- This is in the range of 10 to 12 hours of study each week.
Equivalent full time study load (EFTSL) is one way to calculate your study load. One (1.0) EFTSL is equivalent to a full-time study load for one year.
Find out more information on Commonwealth Loans to understand what this means to your eligibility for financial support.
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