Investment Management (FNCE90056)
Graduate courseworkPoints: 12.5On Campus (Parkville)
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: 8 November 2024
Eligibility and requirements
Prerequisites
Admission into one of the following:
- MC-MGMTAFN Master of Management (Accounting and Finance)
- 150pt Program course entry point in the MC-MGMTFIN Master of Management (Finance)
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: 8 November 2024
Assessment
| Description | Timing | Percentage |
|---|---|---|
10 Weekly Online Quizzes (1% each)
| During the teaching period | 10% |
Mid-semester examination
| From Week 5 to Week 9 | 35% |
End-of-semester examination.
| During the examination period | 55% |
Last updated: 8 November 2024
Dates & times
- Semester 1
Principal coordinator Minsoo Kim Mode of delivery On Campus (Parkville) Contact hours 1 x 3 hour lecture per week Total time commitment 170 hours Teaching period 26 February 2024 to 26 May 2024 Last self-enrol date 8 March 2024 Census date 3 April 2024 Last date to withdraw without fail 3 May 2024 Assessment period ends 21 June 2024 - Semester 2
Principal coordinator Andrea Lu Mode of delivery On Campus (Parkville) Contact hours 1 x 3 hour lecture per week Total time commitment 170 hours Teaching period 22 July 2024 to 20 October 2024 Last self-enrol date 2 August 2024 Census date 2 September 2024 Last date to withdraw without fail 20 September 2024 Assessment period ends 15 November 2024
Time commitment details
Estimated total time commitment of 170 hours per semester
What do these dates mean
Visit this webpage to find out about these key dates, including how they impact on:
- Your tuition fees, academic transcript and statements.
- And for Commonwealth Supported students, your:
- Student Learning Entitlement. This applies to all students enrolled in a Commonwealth Supported Place (CSP).
Subjects withdrawn after the census date (including up to the ‘last day to withdraw without fail’) count toward the Student Learning Entitlement.
Last updated: 8 November 2024
Further information
- Texts
- Related Handbook entries
This subject contributes to the following:
Type Name Course Master of Management (Finance) Course Master of Management (Accounting and 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.
Please note Single Subject Studies via Community Access Program is not available to student visa holders or applicants
Entry requirements including prerequisites may apply. Please refer to the CAP applications page for further information.
- Available to Study Abroad and/or Study Exchange Students
Last updated: 8 November 2024