Availabilities:

Location Domestic International
Gold Coast Session 1 Session 1
Online Session 1 N/A

Unit Summary

Unit type

UG Coursework Unit

Credit points

12

AQF level

7

Level of learning

Advanced

Unit aim

Introduces students to portfolio management including portfolio theory, asset pricing, valuation, investment analysis and strategies, and performance evaluation. Students will engage in teacher-directed activities and experiences relevant to contemporary portfolio construction and management. A project-based learning approach will also be emphasised using the ‘StockTrak’ investment simulation.

Unit content

Topic 1: The Investment Portfolio: An Introduction

Topic 2: Investor Preferences and Portfolio Concepts

Topic 3: Portfolio Management

Topic 4: Risky Asset Pricing Models

Topic 5: Equity Valuation Models

Topic 6: Macro- and Industry Analysis

Topic 7: Quantitative Stock Analysis

Topic 8: Qualitative Stock Analysis

Topic 9: Hedging and Speculating with Options

Topic 10: Alternative Investments

Topic 11: Performance Evaluation of Managed Funds

Topic 12: Contemporary Issues in Portfolio Management

Learning outcomes

Unit Learning Outcomes express learning achievement in terms of what a student should know, understand and be able to do on completion of a unit. These outcomes are aligned with the graduate attributes. The unit learning outcomes and graduate attributes are also the basis of evaluating prior learning.

GA1: , GA2: , GA3: , GA4: , GA5: , GA6: , GA7:
On completion of this unit, students should be able to: GA1 GA2 GA3 GA4 GA5 GA6 GA7
1 Develop a professional statement of investment advice
2 Explain how investment theory provides a basis for rational portfolio management decisions
3 Analyse mainstream and alternative portfolio management approaches
4 Access, analyse and interpret data on securities markets
5 Construct a security portfolio utilising the theory and professional practice of portfolio construction
6 Evaluate the performance of portfolio managers

On completion of this unit, students should be able to:

  1. Develop a professional statement of investment advice
    • GA1:
    • GA2:
  2. Explain how investment theory provides a basis for rational portfolio management decisions
    • GA4:
  3. Analyse mainstream and alternative portfolio management approaches
    • GA4:
  4. Access, analyse and interpret data on securities markets
    • GA1:
    • GA2:
  5. Construct a security portfolio utilising the theory and professional practice of portfolio construction
    • GA1:
    • GA2:
  6. Evaluate the performance of portfolio managers
    • GA1:
    • GA4:

Prescribed texts

  • Brailsford, T, Heaney, R & Bilson, C, 2015, Investments: Concepts & Applications, 5th edn, Cengage Learning, South Melbourne, Victoria. ISBN: 9780170235532.
Prescribed texts may change in future teaching periods.