|Semester 1||UWA (Crawley)||Face to face|
|Details for new undergraduate courses |
- Level 3 core unit in the Finance major sequence
- Category B broadening unit for Bachelor of Arts, Bachelor of Design and Bachelor of Science students
- Level 3 elective
||This unit provides a framework for a systematic, coherent analysis of risk and return, pricing of investment assets, the construction of investment portfolios and the role of psychology and economics in investment markets.|
||Students are able to (1) describe how securities markets operate; (2) discuss the temporal behaviour of security prices and capital market efficiency; (3) apply concepts from modern portfolio theory and evaluate their implications for portfolio management; (4) describe the concepts of behavioural finance and their application to the understanding of portfolio performance and management; (5) evaluate portfolio performance; (6) discuss the benefits of international diversification; and (7) understand academic articles relating to investment analysis and thoughtfully discuss their contents and implications (being critical of aspects of these analyses where appropriate).|
||Assessment information is provided in the unit outline.|
Supplementary assessment is not available in this unit except in the case of a bachelor's pass degree student who has obtained a mark of 45 to 49 and is currently enrolled in this unit, and it is the only remaining unit that the student must pass in order to complete their course.
|Prerequisites: any Level 2 Finance unit; for pre-2012 courses: FINA2221 Introduction to Finance|
||up to 3 hours per week which may include lectures/tutorials/seminars/workshops|
- The availability of units in Semester 1, 2, etc. was correct at the time of going to press but may be subject to change.
- All students are responsible for identifying when they need assistance to improve their academic learning, research, English language and numeracy skills; seeking out the services and resources available to help them; and applying what they learn. Students are encouraged to register for free online support through GETSmart; to help themselves to the extensive range of resources on UWA's STUDYSmarter website; and to participate in WRITESmart and (ma+hs)Smart drop-ins and workshops.
- Books and other material wherever listed may be subject to change. Book lists relating to 'Preliminary reading', 'Recommended reading' and 'Textbooks' are, in most cases, available at the University Co-operative Bookshop (from early January) and appropriate administrative offices for students to consult. Where texts are listed in the unit description above, an asterisk (*) indicates that the book is available in paperback.