Advanced Investments

Subject FNCE40002 (2015)

Note: This is an archived Handbook entry from 2015.

Credit Points: 12.5
Level: 4 (Undergraduate)
Dates & Locations:

This subject has the following teaching availabilities in 2015:

Semester 1, Parkville - Taught on campus.
Pre-teaching Period Start not applicable
Teaching Period 02-Mar-2015 to 31-May-2015
Assessment Period End 26-Jun-2015
Last date to Self-Enrol 13-Mar-2015
Census Date 31-Mar-2015
Last date to Withdraw without fail 08-May-2015


Timetable can be viewed here. For information about these dates, click here.
Time Commitment: Contact Hours: Three hours of lectures and seminars per week
Total Time Commitment: Not available
Prerequisites:

Admission into BH-COM and

Subject
Study Period Commencement:
Credit Points:
Semester 1, Semester 2
12.50
Corequisites: None
Recommended Background Knowledge:

Please refer to Prerequisites and Corequisites.
Non Allowed Subjects: None
Core Participation Requirements:

For the purposes of considering request for Reasonable Adjustments under the Disability Standards for Education (Cwth 2005), and Student Support and Engagement Policy, academic requirements for this subject are articulated in the Subject Overview, Learning Outcomes, Assessment and Generic Skills sections of this entry.

It is University policy to take all reasonable steps to minimise the impact of disability upon academic study, and reasonable adjustments will be made to enhance a student's participation in the University's programs. Students who feel their disability may impact on meeting the requirements of this subject are encouraged to discuss this matter with a Faculty Student Adviser and Student Equity and Disability Support: http://services.unimelb.edu.au/disability

Coordinator

Dr Joachim Inkmann

Contact

jinkmann@unimelb.edu.au

Subject Overview:

This subject examines the principles and techniques of portfolio choice and asset pricing with particular emphasis on the latest research. Topics may include factor pricing models, performance evaluation, event studies, consumption-based asset pricing, dynamic portfolio choice, and behavioural finance.
Learning Outcomes:

On successful completion of this subject students should be able to:
• Explain factor pricing models and apply them to practical problems;
• Evaluate the performance of investment managers;
• Evaluate the impact of corporate events on a firm’s value;
• Explain the intuition behind consumption-based asset pricing;
• Recognise the potential but also the limits of return predictability; and
• Create optimal portfolios for private and institutional investors.
Assessment:

A 3-hour end-of-semester examination (70%), and two assignments of not more than 1500 words (15%) each, with the first assignment due by the end of week 5 of semester, and the second assignment due by the end of week 10 of semester.
Prescribed Texts:

You will be advised of prescribed texts by your lecturer.
Breadth Options:

This subject is not available as a breadth subject.
Fees Information: Subject EFTSL, Level, Discipline & Census Date
Generic Skills:

  • High level of development: written communication; interpretation and analysis; critical thinking.

  • Moderate level of development: collaborative learning; problem solving; team work; application of theory to practice; accessing data and other information from a range of sources.

  • Some level of development: oral communication; statistical reasoning; synthesis of data and other information; evaluation of data and other information; use of computer software.

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