讲解 BFF2401 Commercial Banking and Finance Semester 1, 2024讲解 Python语言程序

BFF2401 Commercial Banking and Finance

Individual Assignment

Semester 1, 2024

Due date: Tuesday 30th April 2024, 23:55

This individual assessment task is designed to test a student’s achievement of learning objectives 1–6. The total mark is 50 marks (weight: 30% of total assessment). Word limit: 2,000 words (±10%), excluding tables, graphs and references.

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TOPIC: Essay on banks’ profitability, risk management and funding strategies

Question 1 (6 marks, ~400 words):

“A commercial bank’s long-term ultimate goal is to maximise its shareholders’ wealth.”

Evaluate the above statement with specific real-life examples. Your answer must discuss two (2) common conflicts of interest between shareholders and other stakeholders in a commercial bank setting.

Question 2 (28 marks, ~700 words):

(A)    Find annual (yearly) bank data to calculate the annual Return on Assets (ROA), Return on Equity (ROE), Leverage Multiplier (LM), and Credit Risk Ratio (CRR) for each of the top four Australian banks for the 2017-2023 period. Generate four (4) line graphs (one for ROA, one for ROE, one for LM, and one for CRR). (16 marks)

(B)    Conduct peer and trend analyses based on each of your graphs. Your analyses must be supported with specific real-life evidence, such as examples of these banks’ investment approaches, credit risk management,  cost  controls,  funding/financing  strategies,  and other market-wide factors. (12 marks)

NOTE: All tables of original dollar figures, formulas/workings and calculated percentages/ratios, as well as four (4) line graphs, must be presented in Part 2A. Your graphs must be fully labelled and professionally displayed.

Question 3 (12 marks, ~600 words):

In light of the current economic slowdown, interest rate environment and ongoing regulatory developments, forecast how Australian banks’ ROE, risk exposures, and funding strategies will change in the next 12-24 months. Provide strong reasons for your forecast.

Introduction and Conclusion (4 marks): Approximately 300 words are recommended for introduction and conclusion together.

•  Suggested  data  source   for  Question  2:  Banks’  annual  reports  published  on  their websites.

•  Required  format:  1.5-line  spacing  and  12-point  font.  Subheadings  must  be  used  to separate the three questions and different sections.

•  Total marks: Question 1 (6 marks) + Question 2 (28 marks) + Question 3 (12 marks) + Introduction and Conclusion (4 marks) = 50 marks.

• Possible deductions: Referencing  and/or  formatting  issues  (deduction  of  up  to  3 marks); Late penalty (deduction of 5 marks per calendar day late); Turnitin percentage above 20% (depending on nature of similarity).

Useful suggestions:

1.    Your  tutor  will  facilitate  discussion  on  the  assignment  topic  in Week 7 tutorials. However, you should get started much earlier by reading the relevant materials, planning your essay, extracting the required data from banks’ annual reports, etc. All questions related to the assignment should be sent to your tutor as the first point of contact (via e- mail or during consultation); alternatively, you are encouraged to post your questions on the General Discussion Board.

2.    The focus of the assignment is on the following topics: Topic  1 (Introduction), Topic 2 (Bank  Performance),  Topic  5  (Liabilities)  and  Topic  7  (Credit  Risk)  (and  relevant textbook chapters).  Students  should  also  expand their research outside the classroom materials  to  cover  contemporary  issues  such  as  the  current  economic  and  social landscape, interest rate changes, and recent regulatory developments.

3.    Formulas for ROA, ROE, LM and CRR can be found in Week 2 seminar slides (Bank Performance, slides 34 and 53). More examples of credit risk measures are from Week 7 seminar slides (Credit Risk, slide 21). You can choose ONE measure of CRR for this assignment.

4.    The  banks’ annual reports contain the required data for Part 2A and several specific examples needed to support the peer and trend analyses in Part 2B.

5.    Ensure to use Group (Consolidated) data to reflect the overall entity’s performance. All dollar  figures,  relevant  formulas/workings,  and  calculated  percentages/ratios  must  be tabulated and displayed in Part 2A of your essay (an appendix is NOT required).

6.    Note that the questions require you to find annual data and calculate the four ratios. That means you must show the original dollar figures (for the numerator and denominator), all formulas/workings and the calculated percentages or ratios in your tables. If you simply use pre-calculated ratios copied from a source, you will earn lower marks.

7.    You should use Excel to construct the four (4) line graphs, then copy and paste these graphs and display them professionally in Part 2A (underneath your data tables). An example of a line graph can be found on slide 32 of Week 2 seminar.

8.   For this  assignment, you might want to have around 5-7 references. These are in addition to the banks' annual reports which you may use to obtain figures and insights into your analysis.

9.   You  should  utilise  the  pre-submission  checklist  and  marking  criteria  (detailed  on pages 6-8 of this document) to ensure all the requirements of the task have been met.

Other suggested readings:

https://www.iese.edu/insight/articles/shareholder-vs-stakeholder-corporate-governance/

https://www.rba.gov.au/publications/fsr/2023/oct/

https://www.rba.gov.au/publications/fsr/2023/oct/focus-topic-an-update-on-fixed-rate- borrowers.html

https://www.rba.gov.au/publications/bulletin/2023/sep/financial-stability-risks-from- commercial-real-estate.html

Instructions to students

You are required to retain a copy of the assignment until results are finalised. Any query by email must be sent from your Monash student email address. Any other email addresses will not be accepted.

Faculty style guide

Work submitted for this assessment must follow the ESSAY style as outlinedhere.

Submission date and time

The due date of the assignment is Tuesday 30th April 2024, before 23:55 (Week 9).

All assignments must be submitted online via Turnitin. The submission link can be accessed from Week 9’s Own Time section or from the Assessmentstab.

Submissions via e-mail will NOT be accepted.

Online Turnitin submission:

•   Please submit ONE .docx file (other file formats may not be compatible for Turnitin). The name of your .docx file should conform. to the following format:

S12024 – Your First name and Last name and Student ID – Tutorial day and time – Your tutor’s First name and Lastname.

For example: S12024 – Jane Smith 1234567 – Wednesday 5PM – Xing Yan

•   You must also include these details (your full name, student ID, tutorial time, and your tutor’s name) on the first page of your assignment file.

•   Please  DO NOT  include  any  assignment  cover-sheet  as  it  may  bias  the  Turnitin similarity percentage.

•   Ensure to click on the  SUBMIT ASSIGNMENT  button and  accept  the  student statement to finalise your submission before the due date. Ensure the task status is recorded as “Submitted for Grading” . Assignments left in draft mode will not be graded.

TURNITIN: A Turnitin similarity report of below 20% is acceptable, anything above will be investigated, penalised, or failed depending on the nature of similarity. Note that you can replace (re-upload) your file only when it is in draft mode. Once your file has been formally submitted, the system will not allow any further changes.

Students who use Apple MacBook to prepare their assignment must convert their final .pages file to .docx before submission. Otherwise, pages. files cannot be read by Turnitin and will not be accepted for grading.

Conditions for the use of generative artificial intelligence (AI)

Generative AI tools are restricted for certain functions in this assessment task. ChatGPT or other AI tools may be used for study purposes and to learn about your topic, but you may NOT include any AI-generated materials in the final submission. Copying and pasting AI- generated text  (and  then  editing)  is  NOT  permitted.  Any  use  of generative  AI  must be appropriately acknowledged (see Learn HQ).

IMPORTANT: It is a student’s responsibility to fact-check and critically evaluate AI tools’

trustworthiness. These tools can compromise your privacy, security, creativity, intellectual abilities, and should be used carefully.

Acknowledgement of AI use

If generative AI was used, students must include the following paragraph on the first page of their assignment file.

“I acknowledge the use of <insert AI system(s) and link> to generate materials for background research and self-study in the drafting of this assessment. No content generated by AI technologies has been presented as my own work. ”

Academic integrity

In order to ensure the academic integrity of your submission and to deter others from copying your work, your submission may be processed by text matching software such as Turnitin. For additional information, please refer to the University'sStudent Academic Integrity Policy and read the detailed guidance onHow to Use Turnitin.

Serious cases of academic misconduct maybe reported to the University.

Referencing requirements

To build your skills in citing and referencing, and using different referencing styles, see the online resources Citing and Referencing Tutorial. In this unit you are required to use the APA referencing style for written reports. You can get more information about using the APA reference style from the Monash Library Resource.

Estimated return date

Students can expect to receive feedback on this assessment within two weeks of submission.

Applications for extension of time (special consideration)

Information on eligibility and how to apply for an extension on your assignment can be found here:https://www.monash.edu/students/admin/assessments/extensions-special-consideration

Penalty for late submission

Unless an extension or special consideration has been granted, or otherwise specified in the learning management system, students who submit an assessment task after the due date will receive a late-submission penalty of 10 per cent of the available marks in that task. A further penalty of 10 per cent of the available marks will be applied for each additional day (24-hour period), or part thereof, the assessment task is overdue.

LATE submission: Late assignments must also be submitted via the same Turnitin link. Late penalties are based on the submission time recorded on Moodle. Tasks submitted more than seven days after the due date will receive a mark of zero for that task. For further details, please refer to Monash University Marking and Feedback Procedure.

BFF2401 Commercial Banking and Finance

Individual Assignment - Semester 1, 2024

Word limit: 2,000 words (±10%), excluding tables, graphs and references.

Pre-Submission Checklist