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This online Financial Econometric unit, offered by the Open Universities Australia in partnership with RMIT University, introduces you to industry practices used when embarking upon empirical studies in finance. You will learn whether time series data is stationary or non-stationary and test whether time series are co-integrated.
The econometric and time series practices taught at the beginning of the unit will enable you to thoroughly utilise conventional econometric systems of work. These are immensely beneficial when you estimate market risk or betas. The concluding part of the unit gives a current developmental overview in econometrics, offering detailed applications of new systems commonly undertaken in the field of finance.
Along with theoretical aspects, this unit will give you valuable practical skills in the econometric Windows package, EViews. This tool is used in the estimation of models and the evaluation of these estimations. Using a range of convenient online teaching methods, such as testing, blogging, podcasts, weblinks and more, skills can be developed at your own convenience.
Applicants must meet the following criteria to be eligible to enter this program:
In this Financial Econometrics unit, the topics you will study include:
This unit is a core requirement in the following course:
Content may also be relevant to other courses, and could qualify you for Recognition of Prior Learning (RPL) for a course offered by another institution.
Want more information about this unit? Fill out the enquiry form to the right and a study consultant will contact you with the details you need.
The Financial Econometrics online unit enables you to execute research of market models as well as other financial practices, making use of simple linear regression analysis. You will gain skills in multiple linear regression analysis when undertaking event studies and testing the CAPM.
You will develop knowledge of ANOVA techniques, systems for forecasting accuracy, and residual models and their statistical properties. You will also learn about Box-Jenkins methods, ARCH models within a financial context, and various testing for series data, helping you succeed in your professional career within the fields of business and finance.
Want more information about the career benefits of this unit? Fill out the enquiry form to the right and a study consultant will contact you with the details you need.
If you are an Australian citizen, you may be eligible to receive a government FEE-HELP loan, meaning you can defer payment of your fees.
Want more information about financial and student support? Fill out the enquiry form to the right and a study consultant will contact you with the details you need.
This course can be paid for through the FEE-HELP government loan scheme. If you are an Australian citizen or hold a permanent humanitarian visa, this means you don’t need to pay upfront.
Instead, the Australian government will pay your course fees on your behalf. You’ll begin repaying your loan through the tax system once you start earning more than the minimum threshold of $54,869 (2016-17 income year).Find out more about government study loans here.
Want more information about the career benefits of this course?
Fill out the enquiry form to the right and a study consultant will contact you with the details you need.