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Finance for Built Environment (PROP20001)
Undergraduate level 2Points: 12.5Not available in 2017
Overview
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The subject considers the nature and operation of investment markets with a focus on three major asset classes; shares, bonds and property. It looks at the characteristics of these different investment options, especially in terms of the risks and returns associated with each. The module also introduces basic financial mathematics involving the time value of money, calculation of present and future values, and the computing of rates of return for investments or projects with property as a context. An introduction to the interpretation, analysis and use of financial statements (profit and loss statements, cash-flow statements and balance sheets) is provided. Finally, it considers the application of appropriate accounting and regulatory standards in interpretation of financial statements.
Intended learning outcomes
This subject will enable you with a range of tools and capacity to analyse, evaluate and design financial solutions and alternatives and for the built environment.
This course will enable you:
- To comprehend what makes a `developed' financial system;
- Distinguish between the basic types of financial instruments and their sources and users;
- Apply financial mathematical techniques to analyse financial instruments and built investments;
- To understand the role of risk and uncertainty in financial decision-making;
- To analyse and design lending and borrowing solutions;
- To apply and evaluate finance and investment techniques as strategic decision-making tools for the design and built environment.
Generic skills
Upon successful completion of this subject the student will have had the opportunity to develop the following generic skills:
1. Intellectual skills:
- define a problem
- identify the correct method of interpreting data and solving problem
- synthesise knowledge and interpret the appropriateness of the solution
- identify an issue and learn to discuss in a reflective manner
2. Research and professional skills
- appreciate the value of listening attentively, selecting what is important, watching for signals for important points & identifying the structure of the presentation/lecture
- competently use a calculator
- apply and interpret financial mathematical techniques appropriate to the problem
- interpret the financial pages
3. Transferable skills
- competently communicate through a written essay/report
- demonstrate research and professional skills through, for example, the quantitative analysis and interpretation of data
- use standard word processing and spreadsheet packages
- demonstrate basic time management skills
Last updated: 11 April 2024
Eligibility and requirements
Prerequisites
VCE Maths Methods 3 and 4 or equivalent.
Corequisites
None
Non-allowed subjects
| Code | Name | Teaching period | Credit Points |
|---|---|---|---|
| ABPL20052 | Investment and Finance for Property | Semester 2 (On Campus - Parkville) |
12.5 |
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: 11 April 2024
Assessment
Additional details
- In class multiple choice test (1000 word equivalent), week 5 (20%);
- Written assignment (1000 word equivalent), week 10 (20%);
- Participation and completion of weekly investment scenarios (conducted during the tutorial) 500 word equivalent total, weeks 2-5 and 7-11 (10%);
- One examination of two hours duration at the end of the semester, (50%).
Last updated: 11 April 2024
Dates & times
Not available in 2017
Time commitment details
170 hours
Last updated: 11 April 2024
Further information
- Texts
Prescribed texts
ESSENTIAL TEXTS
- Valdez, S (2007) An introduction to global financial markets, (5th edition), Palgrave, Macmillan
- Brett M (1997): Property and Money,(2nd Edition), Estates Gazette.
- Reader
Recommended texts and other resources
ADDITIONAL READING
- Baum A & Mackmin D & Nunnington N (2006): The Income Approach to Property Valuation, (5th Edition), EG Books , London.
- Zima, P and Brown, R (1996) Schaum's Outline of Mathematics of Finance and Actuarial Science, 2nd Edition, McGraw-Hill Publishing Company, New York.
- Related Handbook entries
This subject contributes to the following:
Type Name Informal specialisation Bachelor of Design Elective Subjects - Breadth options
This subject is available as breadth in the following courses:
- 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: 11 April 2024