FIN 203 – Banking and finance
Assessment 2
Assessment Type: Research Report – 2,500 words report - Individual assessment
Purpose: This project will further students’ understanding of Australia’s commercial banks’ sources of funds in response to the internationalization of financial markets. This assessment contributes to learning outcomes a, c and f.
Value: 30% Due Date: Week 10
Submission: One soft copy (Word .doc or .docx) of the report to be uploaded to Moodle Turnitin by 11:59 p.m. Sunday Week 10. One hard copy to be submitted to your Tutor in Week 10 Tutorial session.
Topic: International Sources of Funds for Australian Commercial Banks.
Task Details: Since the deregulation of financial markets, banks have been looking at international financial markets as an alternative cost-efficient source of funds. Students will research the international source of funds for the four big banks (ANZ, Commonwealth Bank, NAB and Westpac) and at least two smaller banks and produce a report.
Students should:
(1) Obtain the annual reports from 2006 to 2018 for the four big banks and least two smaller ones.
(2) Review the annual reports and summarize the foreign currency liabilities of each bank.
(3) Write a report that includes the following:
a. A comparison of each bank’s international source of funds over time and the differences between each bank;
b. A comparison of the big four banks with the smaller banks; and
c. An assessment of the impact of the Global Financial Crisis (GFC) on the international source of funds, pre and post GFC periods.
d. Given your insights from a – c, recommend to the Australian government a financial policy that could ensure the stability of commercial banks’ (especially smaller banks), access to international funds.
Research Requirement: Students need to support their analysis with references from the text and a minimum of six (6) suitable, current and academically accepted sources -check with your tutor if unsure of your sources. Students seeking Credit or higher grades should support their analysis with an increased number of reference sources consistent with the grade they are seeking.
(a) Executive Summary
(b) Table of Contents
(c) Body (main contents – each to be a separate numbered section).
- Introduction
- Research – literature review
- Analysis – this is the major part of your assignment and requires numbered sub-sections
- Recommendations
- Conclusion
(d) References
(e) Appendices
Reading and Research
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30
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Analysis
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30
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Recommendations and conclusions
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20
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Written presentation
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20
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Total
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100
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Marking Guide:
This total will be converted to a mark (correct to the nearer whole number), out of 30% Please see Marking Rubric on the following page.
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Assessment 2 marking Rubric for: FIN203 Banking and Finance (Individual Assignment)
Assignment Title: International Sources of Funds for Australian Commercial Banks
Criteria
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Fail
(0 – 49%)
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Pass (50 – 64%)
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Credit (65 – 74%)
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Distinction (75 – 84%)
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High Distinction (85 – 100%)
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Research – extent and application
Value 30%
Mark awarded
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Inaccurate, or inappropriate or no sources of data; relies on completed reports downloaded from the internet.
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Minimum number of sources including, annual reports, but not all current or relevant.
Paraphrasing used throughout, but not always accompanied by original explanations.
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Good selection of sources, including annual reports (all current) of six banks. Good understanding of relationship between international financial markets and banks sources of funding.
Limited paraphrasing accompanied by clear and logical explanations.
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Very good selection of sources, including annual reports of more than six banks, all current. Insightful discussion of relationship between international financial market and banks‘ sources of funding.
Provides clear and insightful logical explanations.
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Excellent selection of sources, including annual reports of more than six banks. Advanced insights and succinct discussion of relationship between international financial markets and banks‘ sources of funding. Provides clear and insightful logical explanations.
Systematically synthesises a wide range of current relevant sources.
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Analysis of the topic
Value 30%
Mark awarded
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Poor analysis and evaluation. Significant gaps in comparison of banks‘ international sources of funds over time and between banks. No distinction between the Big Four banks and smaller banks; Impact of GFC not articulated.
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Basic summary of data. Simple discussion of work reflects limited engagement with the differences in international sources of funds over time and between banks.
Basic discussion of differences between the Big Four banks, and between the Big Four and the smaller banks.
Briefly mentions impact of GFC
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Good summary of data.
Identifies and adequately discusses differences in international sources of funds over time and between banks. Good discussion of differences between the Big Four banks, and between the Big Four and the smaller banks.
Briefly discusses impact of GFC.
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Clear and concise summary of data. Identifies and critically discusses differences in international sources of funds over time and between banks. Critically discusses differences between the Big Four banks, and between the Big Four and smaller banks.
Discusses impact of GFC in depth, comparing pre and post periods
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Clear and concise summary of data. Identifies and critically analyses, synthesises and evaluates differences in international sources of funds over time and between banks. Critically discusses differences between the Big Four banks, and between the Big Four and smaller banks.
Discusses impact of GFC in depth, comparing pre and post periods; Highlights differences of impact of GFC between the Big Four banks, and between the Big Four
and smaller banks.
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Recommendations / conclusions
Value 20%
Mark awarded
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Does not resolve to any policy recommendation.
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Weakly resolves to some policy recommendations but does not logically follow analysis of data and comparisons between banks, including the impact of GFC
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Clearly resolves to good recommendations, partly following from logical analysis of data and comparison of the banks‘ international sources of funding, and including the impact of GFC. Attempts to evaluate the policy.
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Clearly resolves to very good recommendations, after rigorous logical analysis of data and comparisons of banks‘ international sources of funding and the impact of the GFC. Evaluates policy to show intended effect.
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Clearly resolves to very good recommendations, after rigorous logical analysis of data and comparisons of banks‘ international sources of funding and the impact of GFC. Assesses recommended policy against existing government policy and shows that recommended policy wold be more effective.
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Presentation
Value 20%
Mark awarded
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Unacceptable presentation: no title page; executive summary and table of contents. No referencing / not systematic
/ incorrect.
Graphs and tables are inaccurate/absent
/ not referenced.
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Acceptable presentation with obvious errors.
Provides title page; executive summary; and table of contents. Referencing contains minor errors. Basic or no graphs and tables.
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Good presentation overall but some obvious errors.
Satisfactory graphs and tables. Provides title page; executive summary and table of contents.
Referencing is mainly accurate.
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Professional presentation – minor errors in structure and flow. Provides title page; succinct executive summary and table of contents.
Well defined graphs and tables. Correct referencing throughout.
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Highly professional presentation. Satisfies all presentation elements. Correct referencing throughout.
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