Assessment Type: Research Project – 2500 + 10% word essay – individual assessment
Purpose: This assessment allows students to demonstrate their ability to identify, research, and analyse issues/problems in the banking and finance industry in Australia, and to develop supported recommendations taking into account stakeholder expectations. This assessment relates to Learning Outcomes a, d, e.
Task Details: Students need to research all aspects of the topic from the viewpoint of various stakeholders – as a minimum this should include the financial institution, its
customers and Government(s). Students need to develop their analysis and findings, with conclusions as to the probable future relating to the problem/issue, into a professionally presented, 2500 + 10% word essay. Research Students need to support their analysis with reference from the text and a Requirements: minimum of eight (8) suitable, reliable, current and academically acceptable sources – check with your tutor if unsure of the validity of sources
Financial Institutions
“APPLYING FOR A BANKING LICENCE IN AUSTRALIA”
Topic:
Your topic is:
“APPLYING FOR A BANKING LICENCE IN AUSTRALIA”
“You have been approached by a Director of the Brilliant Bank, a global bank with a head office in New York, for advice on the operation of the banking system in Australia and the requirements for and method of applying for a banking licence in Australia. It wishes to set up a bank here.
“Prepare a report for the director, carefully addressing the following issues:
- an analysis of the structure of the current financial system in Australia;
- structure of and developments in the current Australian banking industry;
- the regulation of banks in Australia – historical and current provisions;
- the opportunities and structure for another foreign bank in Australia;
- the risks facing a foreign bank starting a new operation in Australia;
- in terms of meeting official requirements and best practice, what the Brilliant Bank must do to obtain a banking licence in Australia; and
- recommendations and conclusion – re- recommended operational structure, the feasibility of making the application, and its likely success.”
Presentation and Lodgment
You should follow the following typing conventions:
• Times New Roman font (at minimum , 12 pitch)
• 1.5 line spacing
• Top, bottom, left and right margins to be at least 2.5 cms from the edge of the page
• A4 paper; and
• Length – 2,500 words + / - 10%.
Research and Referencing
You should begin by reading the references relating to the topic and subject content in the text-book. It is suggested that you search these references via the Index at the back of the text. You will need to discover at least 6 other references. This should include at least one other book and one journal article. Search the web-sites suggested in the text and the SO.
Use Harvard referencing! http://en.wikipedia.org/wiki/Harvard_referencing