ACFI3018
10 units
3000 level
Course handbook
Description
This course begins with an overview of investment environment and products, and then provides students with a solid foundation in modern portfolio theory and demonstrates its applications to portfolio management. Alternative asset allocation models are introduced to equip students in developing and implementing investment strategies, assessing and controlling portfolio risk, and evaluating portfolio performance. The course takes students beyond investment theories and trains them to use widely available technology to perform quantitative modelling using real world data. The course covers ASIC RG146 specialised knowledge requirements in the areas of funds management and managed investments.
Availability2024 Course Timetables
Singapore PSB
- Trimester 1 - 2024 (Singapore)
- Trimester 2 - 2024 (Singapore)
- Trimester 3 - 2024 (Singapore)
Newcastle City Precinct
- Semester 1 - 2024
- Semester 2 - 2024
Learning outcomes
On successful completion of the course students will be able to:
1. Understand the investment environment, institutional investment and empirical evidence on security performance.
2. Develop mean-variance efficient portfolios using appropriate technology.
3. Demonstrate critical thinking, analytical and problem solving skills in the context of portfolio construction and management.
4. Evaluate the performance of a portfolio and evaluate risk exposures.
5. Critically evaluate the advantages and disadvantages of international diversification.
6. Demonstrate communication, planning, problem-solving and presentation skills individually and as part of a team.
Content
This course includes but is not limited to the following topics:
- The investment environment.
- Risk, return, risk premia and risk aversion.
- Allocating capital between risky and risk-free assets.
- Mean-variance efficient portfolios and security analysis.
- Evaluation of portfolio risk and performance.
- Funds management.
- nternational diversification of portfolios.
Assumed knowledge
ACFI1003 Introduction to Finance and ACFI2070 Business Finance.
Assessment items
Written Assignment: Problem Set
Presentation: Group Research Report and Presentation
Formal Examination: Final Exam
Contact hours
Trimester 1 - 2024 (Singapore) - Singapore PSB
Workshop-1
- Face to Face On Campus 2 hour(s) per week(s) for 13 week(s) starting in week 1
- Students are expected to complete 4 hours of guided learning via online preparation, lectures, interactive workshops, tutorials, discussion groups or self-directed learning and an additional 6 hours of independent study per week.
Semester 1 - 2024 - Newcastle City Precinct
Workshop-1
- Face to Face On Campus 2 hour(s) per week(s) for 13 week(s) starting in week 1
- Students are expected to complete 4 hours of guided learning via online preparation, lectures, interactive workshops, tutorials, discussion groups or self-directed learning and an additional 6 hours of independent study per week.
Trimester 2 - 2024 (Singapore) - Singapore PSB
Workshop-1
- Face to Face On Campus 2 hour(s) per week(s) for 13 week(s) starting in week 1
- Students are expected to complete 4 hours of guided learning via online preparation, lectures, interactive workshops, tutorials, discussion groups or self-directed learning and an additional 6 hours of independent study per week.
Trimester 3 - 2024 (Singapore) - Singapore PSB
Workshop-1
- Face to Face On Campus 2 hour(s) per week(s) for 13 week(s) starting in week 1
- Students are expected to complete 4 hours of guided learning via online preparation, lectures, interactive workshops, tutorials, discussion groups or self-directed learning and an additional 6 hours of independent study per week.
Semester 2 - 2024 - Newcastle City Precinct
Workshop-1
- Face to Face On Campus 2 hour(s) per week(s) for 13 week(s) starting in week 1
- Students are expected to complete 4 hours of guided learning via online preparation, lectures, interactive workshops, tutorials, discussion groups or self-directed learning and an additional 6 hours of independent study per week.
Course outline
- ACFI3018 - Semester 1, 2024 (Ncle) (PDF, 245.8 KB)
- ACFI3018 - Trimester 1, 2024 (Naihes) (PDF, 245.3 KB)
The University of Newcastle acknowledges the traditional custodians of the lands within our footprint areas: Awabakal, Darkinjung, Biripai, Worimi, Wonnarua, and Eora Nations. We also pay respect to the wisdom of our Elders past and present.