Investments and portfolio management
Mr Ian O'Connor
6 points * 3 hours per week * Second semester * Caulfield * Prerequisites: FIN1710, ACC1110, FIN1300 and ACC2631
Objectives On completion of this subject students should be able to demonstrate an understanding of the conceptual foundations of modern portfolio theory; using pricing models and other techniques in the valuation of securities, appreciate the effect of market efficiency on the valuation process; measure portfolio risk and determine performance benchmarks.
Synopsis Investment markets and strategies; measuring investment risk and return; capital asset pricing model; pricing theory; shares and share analysis; valuation; derivative instruments; portfolio management and performance monitoring.
Assessment Assignment (4000 words): 30% * Final examination (3 hours): 70%
Prescribed texts
Jones C P Investments 4th edn, Wiley, 1994