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Investment Management (FNCE90056)
Graduate courseworkPoints: 12.5On Campus (Parkville)
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Semester 1
Semester 2
Overview
Availability | Semester 1 Semester 2 |
---|---|
Fees | Look up fees |
This subject is designed to equip students with the tools necessary to enable them to make the core investment management decisions that managers face on a daily basis as well as the knowledge as to where they can find the information necessary to apply those tools. This subject is an introduction to investment analysis, with emphasis on equity securities and fixed income securities. The topics covered focus on issues fundamental to financial managers, money managers, risk managers, financial advisors and regulators. These topics include fundamental ideas in asset pricing; modern portfolio theory and its applications; equilibrium theories of asset pricing; portfolio performance evaluation; and key issues in the pricing and portfolio allocation of fixed income assets.
Intended learning outcomes
On successful completion of this subject, students should be able to:
- Discuss core concepts in investment management, including risk, return, risk premium and risk aversion;
- Analyse the portfolio selection problem, with emphasis on the mean variance framework;
- Explain the benefits of diversification and the main drivers of those benefits;
- Critically evaluate alternative theories of asset pricing and their application in the valuation of securities;
- Develop techniques to evaluate the performance of portfolio managers;
- Analyse critical issues in the valuation of fixed income securities and the management of fixed income portfolios;
- Critically evaluate the theories of the term structure of interest rates and their application to fixed income portfolio management.
Generic skills
On successful completion of this subject, students should have improved the following generic skills:
- High level of development: have an in-depth knowledge of financial markets; interpretation and analysis; critical and creative thinking; engagement in meaningful public discourse.
- Moderate level of development: written communication; problem solving; synthesis of data and other information; evaluation of data and other information; receptiveness to alternative ideas; interpersonal and decision-making skills.
- Some level of development: oral communication; collaborative learning; team work.
Last updated: 3 November 2022
Eligibility and requirements
Prerequisites
FNCE90055
OR:
Code | Name | Teaching period | Credit Points |
---|---|---|---|
FNCE90060 | Financial Management |
Semester 1 (On Campus - Parkville)
Semester 2 (On Campus - Parkville)
|
12.5 |
Corequisites
None
Non-allowed subjects
None
Inherent requirements (core participation requirements)
The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.
Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home
Last updated: 3 November 2022
Assessment
Additional details
- Two 1-hour mid-semester examinations, the first examination held within weeks 4-6, the second examination held within weeks 8-10 (40% total);
- A 3-hour end-of-semester examination (60%).
Note: Successful completion of this subject requires a pass (50%) in the final exam.
Last updated: 3 November 2022
Dates & times
- Semester 1
Principal coordinator Zhen Shi Mode of delivery On Campus (Parkville) Contact hours One 3-hour lecture per week Total time commitment 170 hours Teaching period 27 February 2017 to 28 May 2017 Last self-enrol date 10 March 2017 Census date 31 March 2017 Last date to withdraw without fail 5 May 2017 Assessment period ends 23 June 2017 Semester 1 contact information
- Semester 2
Principal coordinator Ravi Sastry Mode of delivery On Campus (Parkville) Contact hours One 3-hour lecture per week Total time commitment 170 hours Teaching period 24 July 2017 to 22 October 2017 Last self-enrol date 4 August 2017 Census date 31 August 2017 Last date to withdraw without fail 22 September 2017 Assessment period ends 17 November 2017 Semester 2 contact information
Time commitment details
Estimated total time commitment of 170 hours per semester
Last updated: 3 November 2022
Further information
- Texts
Prescribed texts
You will be advised of prescribed texts by your lecturer.
- Related Handbook entries
This subject contributes to the following:
Type Name Course Master of Management (Accounting and Finance) Course Master of Accounting Course Graduate Diploma in Finance Course Master of Finance Course Master of Management (Finance) Course Master of Management (Finance) Informal specialisation 150 Point Master of Management (Finance) - Available through the Community Access Program
About the Community Access Program (CAP)
This subject is available through the Community Access Program (also called Single Subject Studies) which allows you to enrol in single subjects offered by the University of Melbourne, without the commitment required to complete a whole degree.
Entry requirements including prerequisites may apply. Please refer to the CAP applications page for further information.
Last updated: 3 November 2022