School: Business and Law

This unit information may be updated and amended immediately prior to semester. To ensure you have the correct outline, please check it again at the beginning of semester.

  • Unit Title

    Financial Modelling
  • Unit Code

    ECF3120
  • Year

    2021
  • Enrolment Period

    1
  • Version

    3
  • Credit Points

    15
  • Full Year Unit

    N
  • Mode of Delivery

    On Campus
    Online
  • Unit Coordinator

    Dr Jaime Li YONG

Description

This is a capstone unit for the finance major where students apply financial principles and theories from related first and second year units, to build adaptive financial models that solve complex problems and make recommendations to investor clients. The unit will develop students Excel skills beyond an intermediate level. This is achieved as students conceptualise the architecture and design of financial models, provide consideration for user interface, and debug constructed models for error handling and flexibility. In this unit, students will demonstrate the ability to communicate financial knowledge, concepts and advice persuasively in written and oral formats. Students are also required to collaborate effectively in team settings to produce measurable outcomes for clients. Students will conduct in-depth research on companies and academic literature in finance, to model and test theories using real-time financial market and economic data.

Prerequisite Rule

Students must have passed ECF2226.

Learning Outcomes

On completion of this unit students should be able to:

  1. Construct robust financial models to solve problems for clients.
  2. Collaborate effectively in a team to comprehensively evaluate companies and make investment recommendations.
  3. Plan a contemporary research study using current financial market data, drawing from financial theories and academic literature to produce meaningful research findings.
  4. Communicate findings of financial analyses, in both oral and written formats, to specialist and non-specialist audiences.

Unit Content

  1. Spreadsheet modelling and model design.
  2. Excel basics: Statistical, mathematical, conditional, time, logical, search, and array functions, conditional formatting, data validation, charting and debugging error values.
  3. What-if analysis: Sensitivity and scenario analysis.
  4. Valuation of annuities, bonds and shares.
  5. Estimation and forecasting with regression analysis.
  6. Simulation.
  7. Optimisation: Linear, nonlinear and integer programming.
  8. Financial statements modelling and valuation of companies.
  9. Risk analysis.

Learning Experience

ON-CAMPUS

Students will attend on campus classes as well as engage in learning activities through ECUs LMS

JoondalupMount LawleySouth West (Bunbury)
Semester 113 x 3 hour labNot OfferedNot Offered
Semester 213 x 3 hour labNot OfferedNot Offered

For more information see the Semester Timetable

ONLINE

Students will engage in learning experiences through ECUs LMS as well as additional ECU l

Additional Learning Experience Information

Unit delivery is aimed at developing students intermediate to advanced capabilities to conceptualise, design, build and test financial models using Excel. The unit assumes students have a strong grasp of finance principles and theories learned from pre-requisite units, and will build on this prior learning. The learning process will require students to work effectively in teams to produce insightful investment recommendations. Students will also be required to access real-time financial market and economic data from sources such as Bloomberg, Thomson Reuters Eikon, and the Australian Bureau of Statistics (ABS).

Assessment

GS1 GRADING SCHEMA 1 Used for standard coursework units

Students please note: The marks and grades received by students on assessments may be subject to further moderation. All marks and grades are to be considered provisional until endorsed by the relevant School Progression Panel.

ON CAMPUS
TypeDescriptionValue
TestIn-class tests20%
ProjectMajor group project50%
AssignmentIndividual assignment30%
ONLINE
TypeDescriptionValue
TestOnline tests20%
ProjectMajor group project50%
AssignmentIndividual assignment30%

Disability Standards for Education (Commonwealth 2005)

For the purposes of considering a request for Reasonable Adjustments under the Disability Standards for Education (Commonwealth 2005), inherent requirements for this subject are articulated in the Unit Description, Learning Outcomes and Assessment Requirements of this entry. The University is dedicated to provide support to those with special requirements. Further details on the support for students with disabilities or medical conditions can be found at the Access and Inclusion website.

Academic Misconduct

Edith Cowan University has firm rules governing academic misconduct and there are substantial penalties that can be applied to students who are found in breach of these rules. Academic misconduct includes, but is not limited to:

  • plagiarism;
  • unauthorised collaboration;
  • cheating in examinations;
  • theft of other students' work;

Additionally, any material submitted for assessment purposes must be work that has not been submitted previously, by any person, for any other unit at ECU or elsewhere.

The ECU rules and policies governing all academic activities, including misconduct, can be accessed through the ECU website.

ECF3120|3|1

School: Business and Law

This unit information may be updated and amended immediately prior to semester. To ensure you have the correct outline, please check it again at the beginning of semester.

  • Unit Title

    Financial Modelling
  • Unit Code

    ECF3120
  • Year

    2021
  • Enrolment Period

    2
  • Version

    4
  • Credit Points

    15
  • Full Year Unit

    N
  • Mode of Delivery

    On Campus
    Online
  • Unit Coordinator

    Dr Jaime Li YONG

Description

This is a capstone unit for the finance major where students apply financial principles and theories from related first and second year units, to build adaptive financial models that solve complex problems and make recommendations to investor clients. The unit will develop students’ Excel skills beyond an intermediate level. This is achieved as students conceptualise the architecture and design of financial models, provide consideration for user interface, and debug constructed models for error handling and flexibility. In this unit, students will demonstrate the ability to communicate financial knowledge, concepts and advice persuasively in written and oral formats. Students are also required to collaborate effectively in team settings to produce measurable outcomes for clients. Students will conduct in-depth research on companies and academic literature in finance, to model and test theories using real-time financial market and economic data.

Prerequisite Rule

Students must have passed ECF2222 and ECF2226.

Learning Outcomes

On completion of this unit students should be able to:

  1. Construct robust financial models to solve problems for clients.
  2. Collaborate effectively in a team to comprehensively evaluate companies and make investment recommendations.
  3. Plan a contemporary research study using current financial market data, drawing from financial theories and academic literature to produce meaningful research findings.
  4. Communicate findings of financial analyses, in both oral and written formats, to specialist and non-specialist audiences.

Unit Content

  1. Spreadsheet modelling and model design.
  2. Excel basics: Statistical, mathematical, conditional, time, logical, search, and array functions, conditional formatting, data validation, charting and debugging error values.
  3. What-if analysis: Sensitivity and scenario analysis.
  4. Valuation of annuities, bonds and shares.
  5. Estimation and forecasting with regression analysis.
  6. Simulation.
  7. Optimisation: Linear, nonlinear and integer programming.
  8. Financial statements modelling and valuation of companies.
  9. Risk analysis.

Learning Experience

Students will attend on campus classes as well as engage in learning activities through ECUs LMS

JoondalupMount LawleySouth West (Bunbury)
Semester 113 x 3 hour labNot OfferedNot Offered
Semester 213 x 3 hour labNot OfferedNot Offered

For more information see the Semester Timetable

Additional Learning Experience Information

Unit delivery is aimed at developing students’ intermediate to advanced capabilities to conceptualise, design, build and test financial models using Excel. The unit assumes students have a strong grasp of finance principles and theories learned from pre-requisite units, and will build on this prior learning. The learning process will require students to work effectively in teams to produce insightful investment recommendations. Students will also be required to access real-time financial market and economic data from sources such as Bloomberg, Thomson Reuters Eikon, and the Australian Bureau of Statistics (ABS).

Assessment

GS1 GRADING SCHEMA 1 Used for standard coursework units

Students please note: The marks and grades received by students on assessments may be subject to further moderation. All marks and grades are to be considered provisional until endorsed by the relevant School Progression Panel.

ON CAMPUS
TypeDescriptionValue
TestTimed Exercise20%
ProjectMajor group project50%
AssignmentIndividual assignment30%
ONLINE
TypeDescriptionValue
TestTimed Exercise20%
ProjectMajor group project50%
AssignmentIndividual assignment30%

Disability Standards for Education (Commonwealth 2005)

For the purposes of considering a request for Reasonable Adjustments under the Disability Standards for Education (Commonwealth 2005), inherent requirements for this subject are articulated in the Unit Description, Learning Outcomes and Assessment Requirements of this entry. The University is dedicated to provide support to those with special requirements. Further details on the support for students with disabilities or medical conditions can be found at the Access and Inclusion website.

Academic Misconduct

Edith Cowan University has firm rules governing academic misconduct and there are substantial penalties that can be applied to students who are found in breach of these rules. Academic misconduct includes, but is not limited to:

  • plagiarism;
  • unauthorised collaboration;
  • cheating in examinations;
  • theft of other students' work;

Additionally, any material submitted for assessment purposes must be work that has not been submitted previously, by any person, for any other unit at ECU or elsewhere.

The ECU rules and policies governing all academic activities, including misconduct, can be accessed through the ECU website.

ECF3120|4|2