AFF3121

Investments and portfolio management

Dr J Wickramanayake

6 points · 3 hours per week · First semester · Caulfield · Prerequisites: AFX1300, ECX1710, AFX1110 and AFX2631

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; and be able to take an applied perspective on investment management and analysis in the Australian environment.

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 (3000 words): 30% · Examination (3 hours): 70% · Students must obtain 50% in the examination to pass this subject

Prescribed texts

Brailsford T and Heaney R Investments: Concepts and applications in Australia Harcourt Brace, 1998

Back to the 1999 Business and Economics Handbook