Advanced Standing Pro Forma: Interest Rate Markets and Risk
Management (E101)
Personal ID:
For advanced standing to be approved there is to be a minimum 80% coverage of topic learning
outcomes.
Your application will be assessed against the following criteria:
 Australian Qualifications Framework (AQF): The AQF level of your course is comparable to the
AQF level of the Finsia course. Where your course is of a lower AQF level, satisfactory evidence must
be provided to show how the higher AQF level has been achieved (eg. by work experience at a level
appropriate to the higher AQF level; through PD activities).
 Currency: You need to provide evidence that previous studies have been undertaken (and
completed) within 5 years of the date of the Advanced Standing application.
 Sufficiency: Enough evidence is required to enable a decision about whether to give you a credit for
current capability and how much credit to give. A vital part of providing evidence is your ability to
synthesise and select evidence that will best represent your case.
 Reliability: Refers to the consistency of assessment — whether evidence shown can be replicated.
This also refers to your ability to demonstrate capability in a range of contexts — varied audiences
and/or situations ranging from predictable to unpredictable and problematic.
 Authenticity: You need to demonstrate that your evidence of learning is honest, accurate, genuine
and represents your own learning rather than someone else’s.
 Validity: Ensure that the evidence you provide is actually demonstrating what it claims.
Instructions
Please summarise your educational and work history on the following pages. Advanced
Standing will be granted to applicants who demonstrate that they have either the formal
education background or work experience.
Note: each topic and subtopic must be mapped.
E101.SN1.10.AMD.01.proformzv2
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Topic 1: Factors Affecting Interest Rates
1 Overview of interest rate markets
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2 Indicator rates
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3 Regulatory authorities in Australia
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4 Monetary policy and the interest rate markets
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5 Factors affecting interest rates
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6 Interest rate forecasting and strategy
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Topic 2: Interest Rate Calculations and Market
Conventions
1 Interest rate calculations
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2 Pricing interest rate securities
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3 Market conventions
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Topic 3: Short-term Securities and Derivatives
1 Physical securities
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2 Derivatives
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Topic 4: Long-term Securities and Derivatives
1 Physical securities
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2 Characteristics of a fixed interest security
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3 Derivatives
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Topic 6: Measurement in Interest Rate Markets
1 Overview of risk management
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2 Interest rate sensitivity
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3 Measures of interest rate sensitivity
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4 Using measures of interest rate risk to hedge
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Topic 7: Non-Government Debt Markets
1 The non-government debt market in Australia
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2 Types of non-government securities
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3 Security pricing
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4 Security risks
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5 Holding period return analysis
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Topic 8: Portfolio Management
1 Basic portfolio structure
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2 Portfolio management techniques
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3 Liability management
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Topic 9: International Debt Markets
1 Overview
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2 Investing in international markets
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3 Raising funds in international markets
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4 The major interest rate markets
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5 Risk
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6 International investment in Australian interest rate markets
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