Ethics and International Finance
Overview
This unit helps students develop ethical values and skills in the rapidly evolving and uncertain environment of international finance. Students learn about ethical values, traits and principles, as applied to the world of finance. Using the Code of Ethics and Standards of Professional Conduct from the Charter of Financial Analysts (CFA) Institute, students will explore key ethical issues relating to global finance and investments. Students will also learn about international financial systems and the various types of exchange rate regimes. Students also learn about the technology-driven trends reshaping the international finance industry.
Requisites
27-October-2024
09-February-2025
01-June-2025
02-November-2025
08-February-2026
Learning outcomes
Students who successfully complete this unit will be able to:
- Discuss the importance of ethical decision making for investment professionals and the concept of fairness for financial transactions to embrace public trust
- Apply principles of professional integrity, trust and ethical conduct frameworks in the investment profession
- Analyse advantages and disadvantages of the various exchange rate regimes and apply theories of exchange rate determination in international financial transactions
- Communicate effectively and discuss the role of technology in reshaping international finance industry
Teaching methods
Hawthorn
| Type | Hours per week | Number of weeks | Total (number of hours) |
|---|---|---|---|
| On-campus Class | 2.00 | 12 weeks | 24 |
| Online Lecture | 1.00 | 12 weeks | 12 |
| Unspecified Activities Various | 9.50 | 12 weeks | 114 |
| TOTAL | 150 |
Swinburne Online
| Type | Hours per week | Number of weeks | Total (number of hours) |
|---|---|---|---|
| Online Directed Online Learning and Independent Learning | 12.50 | 12 weeks | 150 |
| TOTAL | 150 |
Assessment
| Type | Task | Weighting | ULO's |
|---|---|---|---|
| Assignment | Individual | 40 - 60% | 1,2,3,4 |
| Examination | Individual | 40 - 60% | 1,2,3,4 |
Content
- Code of Ethics and Standards of Professional Conduct
- Ethics and trust in the investment profession
- Global Investment Performance Standards (GIPS)
- The foreign exchange market
- Exchange rate determination and purchasing power parity
- Factors that influence the exchange rate
- International financial technology platforms
- Environmental, Social and Governance (ESG) Investing
- Cryptocurrencies
Study resources
Reading materials
A list of reading materials and/or required textbooks will be available in the Unit Outline on Canvas.