units

BFX3355

Faculty of Business and Economics

18 September 2017 27 April 2024
Monash University

Undergraduate - Unit

This unit entry is for students who completed this unit in 2014 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

print version

6 points, SCA Band 3, 0.125 EFTSL

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

LevelUndergraduate
FacultyFaculty of Business and Economics
Organisational UnitDepartment of Banking and Finance
OfferedClayton First semester 2014 (Day)
Clayton Second semester 2014 (Day)
Coordinator(s)Dr Jason Choo

Synopsis

This unit considers characteristics of property investment, valuation of real estate assets, real estate market analysis, the role of equilibrium asset pricing models, real estate and portfolio theory, measurement of risk and return, indices and pricing models, the effect of leverage and taxation, real estate in mixed asset portfolios, listed and unlisted property trusts, property management and development projects.

Outcomes

The learning goals associated with this unit are to:

  1. analyse investments in asset classes with particular emphasis on property
  2. critically examine the different types of property, characteristics of property markets, the role of professional investors and managers and the nature of investment vehicles employed
  3. explain property cycles and the role of property in investment portfolios
  4. evaluate property based on risk of cash flows
  5. apply critical thinking, problem solving and presentation skills in individual and/or group activities dealing with property investment and demonstrate in an individual summative assessment task the acquisition of a comprehensive understanding of the topics covered by BFX3355.

Assessment

Within semester assessment: 30%
Examination: 70%

Chief examiner(s)

Dr John Vaz

Workload requirements

Minimum total expected workload equals 144 hours per semester

Prerequisites

Students must have passed AFC2140, BFC2140, BFF2631 or AFF2631 before undertaking this unit.

Prohibitions

AFX3355