what does finance1 involve?

[riadnicolas]

what should i expect if i do finance 1 and do you think ill be disadvantaged in anyway based on the vce subjects i have done?

[Edmund]

Same here. I have not done any VCE stuff on that either.

There's some notes on the LMS here: http://app.lms.unimelb.edu.au/webapps/portal/frameset.jsp

[AppleXY]

https://app.portal.unimelb.edu.au/CSCApplication/view/2009/333-101

"This subject introduces students to finance and provides them with fundamental principles and institutional knowledge to progress in the discipline. Topics include direct financing and security yields, banking and the money market, the bond and equity markets, offshore finance and foreign exchange, the behaviour of financial variables, interest rate risk management and derivative securities. These topics will be used to illustrate fundamental financial concepts such as risk, return, and present value."

Pretty much self explanatory. lol

If you like financial markets, cash flows, math of finance (such as calculating returns, interest etc) you should enjoy it. As they is no finance subject in VCE you will not be disadvantaged imo.

[riadnicolas]

how about managing people and organisations? is this similar to business management vce

[Edmund]

how about managing people and organisations? is this similar to business management vce

I also chose that as breadth, Finance 1 and Managing People

[ReVeL]

Just check out the handbook it has overviews for all subjects.

[riadnicolas]

yeah ive checked the handbook but just wanted a second opinion

[Edmund]

Don't worry these subjects are the most basic ones (I spoke to the student adviser). Something like an introduction to the higher level Finance or Management subjects you would do in Second or Third year.

[riadnicolas]

im also intrested in business law so its a toss up between finance1 and principles of business law

[squance]

what should i expect if i do finance 1 and do you think ill be disadvantaged in anyway based on the vce subjects i have done?

Definitely not!
I had not done any business like subjects before in VCE and I managed to pull off a 70

You get to learn interesting stuff. Share market, bond market, money market, payment systems, equity, foreign exchange market and interest rate shit. I think my faves were the share market and the foreign exchange.

Expect 2 lectures per week. If for some reason you can't go to a lecture or two, don't fear: they have audio recordings on LMS you can listen to later! They also have printed slides that you can download and bring to the lectures to write notes on.
Tutorials are not compulsory to go to but the tutors are very useful if your unsure of any concepts.
Two assignments...if they are basing their assignments on the same topics as last year, then the first one will be easy (something about car finance) and the second one will be a bit confusing (bond markets)

Textbook reading! Not compulsory but I think its very useful as an additional supplement to the lecture slides (the lecture slides are somewhat brief in nature)

Oh yeah!
This: http://tlu.ecom.unimelb.edu.au/students/undergraduate/PASSoverview.html

The Finance PASS program. I participated in this program. Its basically like a normal tutorial except in a more relaxed manner. The tutor makes up their own questions relevant to the lectures and goes through them. I found it very very very very useful and I recommend it.

Overall, if you know the basic concepts of what they teach in Finance 1, you'll do fine. Very very very interesting (sometimes I found it hard though because I got behind in the readings and tute sheets...but that was my fault )

[riadnicolas]

which of managing people and organization and finance should i do first semester? I would prefer the easier option so i can settle into uni life and workload

[Edmund]

Finance 1!!!!!!

Thats what Im doing lol...

I think Finance 1 is only offered in Sem 1

[riadnicolas]

nah its offered in 1,2 and summer