AFF9350

Portfolio management and theory

Dr Maryam Ghadessi

6 points
* 3 hours per week
* First semester
* Caulfield, in-house

Objectives On completion of this subject students should be able to demonstrate an understanding of the conceptual foundations of modern portfolio theory; use 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 Topics include investment markets and investment strategies; measuring investment return and risk; capital asset pricing model; arbitrage pricing theory; taxation; shares and share analysis; valuation; financial futures markets; real estate; portfolio management; asset allocation; monitoring.

Assessment Assignment (4000 words): 30%
* Examination (3 hours): 70%

Prescribed texts

Reilly F K Investment analysis and portfolio management 4th edn, Dryden, 1994