units

BFF5975

Faculty of Business and Economics

18 September 2017 25 November 2024
Monash University

Postgraduate - Unit

This unit entry is for students who completed this unit in 2015 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.

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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.

LevelPostgraduate
FacultyFaculty of Business and Economics
Organisational UnitDepartment of Banking and Finance
OfferedCaulfield Second semester 2015 (Evening)
Coordinator(s)Dr Jason Choo

Synopsis

This unit considers characteristics of property investment, valuation of real estate assets, real estate market analysis, the demand and supply of built space, property cycles and the economy, measurement of risk and return, indices and pricing models, the use of leverage and taxation, the analysis of commercial leases, the role of property in mixed asset portfolios, listed and unlisted property trusts, mortgage funds and the use of real options.

Outcomes

The learning goals associated with this unit are to:

  1. analyse investments in real 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. relate property cycles and the role of property in investment portfolios
  4. evaluate property based on risk of cash flows
  5. develop 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 in BFF5975.

Assessment

Within semester assessment: 50%
Examination: 50%

Workload requirements

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

See also Unit timetable information

Chief examiner(s)

Professor Philip Gray

Co-requisites

Students must be enrolled in one of the following courses to undertake this unit: 3818, 3850 or 4412.