Monash University Handbook 2011 Undergraduate - Unit

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

Synopsis

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.

Objectives

The learning goals associated with this unit are to:

1. critically evaluate financial market information to measure risk and return
2. describe modern portfolio theory
3. apply asset pricing models and valuation techniques to the valuation of assets
4. apply critical thinking, problem solving and presentation skills to individual and / or group activities dealing with investments and portfolio management and demonstrate in an individual summative assessment task the acquisition of a comprehensive understanding of the topics covered by AFW3121.

Assessment

Within semester assessment: 30%
Examination (3 hours): 70%

Chief examiner(s)

Abey Gunasekarage

Contact hours

3 hours per week

Prerequisites

Students must have passed one of the following: AFG2631, AFW2631 or AFW3044 before undertaking this unit.

Prohibitions

AFF3121, AFG3121, AFW3046